CBL International Ltd income statement

In fiscal 2025, CBL International Ltd reported revenue of $538m, down 9.1% on the year before, operating income of −$2.4m (a -0.5% margin) and net income of −$3.0m, or −$0.11 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

CBL International Ltd: income statement, annual
Fiscal year	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	327	463	436	593	538
Cost of revenue	319	454	429	587	534
Gross profit	8	9	7	5	4
General and administrative	2	3	4	6	5
Operating income	4	5	2	−3	−2
Interest expense	0	0	0	1	1
Income before tax	4	4	1	−4	−3
Income tax	1	1	0	−0	−0
Net income	4	4	1	−4	−3
Diluted EPS	—	$0.17	$0.04	−$0.14	−$0.11
Diluted shares (average)	21m	21m	25m	28m	28m
EBITDA	4	5	2	−3	−2

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from CBL International Ltd's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to CBL International Ltd.