Biomerica Inc income statement
In fiscal 2026, Biomerica Inc reported revenue of $4.5m, down 16.2% on the year before, operating income of −$5.3m (a -119.5% margin) and net income of −$3.8m, or −$1.30 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
| Fiscal year | 2011May 2011 | 2012May 2012 | 2013May 2013 | 2014May 2014 | 2015May 2015 | 2016May 2016 | 2017May 2017 | 2018May 2018 | 2019May 2019 | 2020May 2020 | 2021May 2021 | 2022May 2022 | 2023May 2023 | 2024May 2024 | 2025May 2025 | 2026May 2026 | LTMAug 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5 | 6 | 6 | 5 | 5 | 5 | 6 | 6 | 5 | 7 | 7 | 19 | 5 | 5 | 5 | 4 | 4 |
| Cost of revenue | 3 | 4 | 4 | 3 | 3 | 4 | 4 | 4 | 4 | 5 | 7 | 16 | 5 | 5 | 5 | 4 | 4 |
| Gross profit | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 2 | 0 | 3 | 0 | 1 | 0 | 0 | 0 |
| Research and development | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
| Selling, general and administrative | 1 | 1 | 1 | 2 | 1 | 2 | 2 | 2 | 2 | 3 | 6 | 6 | 6 | 5 | 5 | 5 | 5 |
| Operating income | −0 | 1 | 1 | −0 | −1 | −1 | −1 | −1 | −2 | −3 | −7 | −5 | −7 | −6 | −5 | −5 | −5 |
| Interest expense | 0 | 0 | 0 | 0 | — | 0 | 0 | 0 | 0 | 0 | 0 | — | — | — | — | — | — |
| Income before tax | — | 1 | 1 | −0 | −1 | −1 | −1 | −1 | −2 | −3 | −7 | −5 | −7 | −6 | −5 | −4 | −5 |
| Income tax | 0 | 0 | −0 | −0 | −0 | 1 | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 0 | 1 | 1 | −0 | −0 | −1 | −1 | −1 | −2 | −3 | −7 | −5 | −7 | −6 | −5 | −4 | −5 |
| Diluted EPS | $0.16 | $0.64 | $0.56 | −$0.24 | −$0.32 | −$1.60 | −$0.88 | −$1.36 | −$2.08 | −$2.08 | −$4.96 | −$2.88 | −$4.00 | −$2.84 | −$2.16 | −$1.30 | −$1.63 |
| Diluted shares (average) | — | — | — | — | — | — | 1m | 1m | 1m | 1m | 1m | 2m | 2m | 2m | 2m | 3m | 3m |
| EBITDA | −0 | 1 | 1 | −0 | −0 | −1 | −1 | −1 | −2 | −3 | −7 | −4 | −7 | −6 | −5 | −5 | −5 |
| Quarter | 2025 Q2Nov 2024 | 2025 Q3Feb 2025 | 2025 Q4May 2025 | 2026 Q1Aug 2025 | 2026 Q2Nov 2025 | 2026 Q3Feb 2026 | 2026 Q4May 2026 | 2027 Q1Aug 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,636 | 1,119 | 749 | 1,380 | 1,210 | 987 | 875 | 1,265 |
| Cost of revenue | 1,199 | 1,100 | 993 | 956 | 1,159 | 1,031 | 946 | 1,162 |
| Gross profit | 437 | 19 | −244 | 424 | 51 | −44 | −71 | 103 |
| Research and development | 257 | 217 | 252 | 212 | 193 | 178 | 205 | 206 |
| Selling, general and administrative | 1,173 | 1,012 | 1,068 | 1,330 | 1,231 | 1,076 | 1,257 | 1,124 |
| Operating income | −993 | −1,210 | −1,564 | −1,118 | −1,373 | −1,298 | −1,533 | −1,227 |
| Income before tax | −953 | −1,167 | −1,539 | 5 | −1,315 | −1,304 | −1,139 | −1,226 |
| Income tax | −3 | −4 | 5 | 3 | 5 | 8 | 6 | 6 |
| Net income | −950 | −1,163 | −1,544 | 2 | −1,320 | −1,312 | −1,145 | −1,232 |
| Diluted EPS | −$0.06 | −$0.48 | −$0.69 | $0.00 | −$0.45 | −$0.44 | −$0.38 | −$0.37 |
| EBITDA | −971 | −1,189 | −1,541 | −1,098 | −1,353 | −1,278 | −1,516 | −1,212 |
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