Branchout Food Inc. income statement
In fiscal 2025, Branchout Food Inc. reported revenue of $13.7m, up 113.3% on the year before, operating income of −$5.4m (a -39.1% margin) and net income of −$6.1m, or −$0.57 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 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|
| Revenue | 1 | 3 | 6 | 14 | 14 |
| Cost of revenue | 1 | 3 | 6 | 12 | 13 |
| Gross profit | −0 | −0 | 1 | 2 | 1 |
| Research and development | — | — | 0 | 0 | — |
| General and administrative | 1 | 2 | 1 | 3 | 4 |
| Operating income | −2 | −4 | −4 | −5 | −8 |
| Interest expense | 2 | 0 | 1 | 1 | 1 |
| Income before tax | — | −4 | −5 | −6 | −8 |
| Net income | −5 | −4 | −5 | −6 | −8 |
| Diluted EPS | −$0.97 | −$0.36 | −$0.41 | −$0.57 | −$0.60 |
| Diluted shares (average) | 5m | 11m | 11m | 11m | 14m |
| EBITDA | −2 | −3 | −4 | −5 | −7 |
| 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 | 2,181 | 1,423 | 3,171 | 3,275 | 3,220 | 4,011 | 2,607 | 4,458 |
| Cost of revenue | 1,845 | 1,410 | 2,641 | 2,693 | 2,650 | 3,705 | 2,206 | 4,361 |
| Gross profit | 336 | 13 | 530 | 582 | 570 | 306 | 401 | 97 |
| Research and development | −2 | 4 | — | — | 191 | −201 | 17 | — |
| General and administrative | 317 | 433 | 386 | 847 | 898 | 1,281 | 859 | 1,167 |
| Operating income | −903 | −1,148 | −645 | −1,309 | −1,428 | −1,907 | −1,619 | −2,565 |
| Interest expense | 371 | 345 | 278 | 301 | 149 | 127 | 175 | 185 |
| Net interest income | — | — | — | 125 | — | — | — | 67 |
| Income before tax | −1,271 | −1,487 | −918 | −1,603 | −1,573 | −2,031 | −1,792 | −2,720 |
| Net income | −1,271 | −1,487 | −918 | −1,603 | −1,573 | −2,031 | −1,792 | −2,720 |
| Diluted EPS | −$0.19 | −$0.18 | −$0.11 | −$0.17 | −$0.14 | −$0.16 | −$0.12 | −$0.18 |
| EBITDA | −843 | −1,115 | −493 | −1,155 | −1,274 | −1,750 | −1,459 | −2,364 |
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