Smartbird, Inc. income statement

In fiscal 2025, Smartbird, Inc. reported revenue of $152m, down 19.7% on the year before, operating income of −$80.0m (a -52.4% margin) and net income of −$77.3m, or −$9.47 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.

Smartbird, Inc.: income statement, annual
Fiscal year	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Revenue	194	219	277	298	254	190	152	106
Cost of revenue	95	107	131	168	150	109	90	68
Gross profit	99	113	147	130	104	81	63	38
Selling, general and administrative	63	87	122	167	174	133	92	73
Operating income	−9	−29	−33	−100	−153	−98	−80	−73
Interest expense	0	0	0	—	—	—	—	—
Net interest income	—	—	—	0	4	—	—	—
Income before tax	−11	−30	−45	−100	−152	−91	−77	−73
Income tax	4	−4	1	1	0	2	0	0
Net income	−15	−26	−45	−101	−152	−93	−77	−77
Diluted EPS	−$5.60	−$9.80	−$13.00	−$0.68	−$20.10	−$11.87	−$9.47	−$8.95
Diluted shares (average)	3m	3m	3m	7m	8m	8m	8m	9m
EBITDA	−6	−22	−23	−86	−132	−85	−72	—

US$ millions unless shown otherwise. Fiscal quarters.

Smartbird, Inc.: income statement, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Revenue	43	56	32	0	33	48	22	3
Cost of revenue	24	38	18	0	19	30	16	3
Gross profit	19	17	14	16	14	18	6	0
Selling, general and administrative	31	29	25	5	22	21	19	11
Operating income	−22	−26	−23	−5	−20	−21	−22	−11
Interest expense	—	—	—	0	—	—	—	1
Income before tax	−21	−25	−22	−5	−20	−19	−21	−13
Income tax	0	1	0	0	0	0	0	−0
Net income	−21	−26	−22	−16	−20	−20	−21	−16
Diluted EPS	−$2.68	−$3.23	−$2.73	−$1.92	−$2.49	−$2.34	−$2.37	—
EBITDA	−19	−24	−21	−3	−18	−18	−21	—

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 Smartbird, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Smartbird, Inc.