Cheer Holding, Inc. income statement

In fiscal 2025, Cheer Holding, Inc. reported revenue of $149m, up 1.1% on the year before, operating income of $26.3m (a 17.7% margin) and net income of $25.6m, or $24.07 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.

Cheer Holding, Inc.: income statement, annual
Fiscal year	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	66	124	153	157	152	147	149
Cost of revenue	—	—	35	41	40	39	43
Gross profit	—	—	118	116	113	108	106
Research and development	1	1	1	1	2	3	5
Selling and marketing	3	44	78	83	76	75	69
General and administrative	3	10	3	6	6	3	5
Operating income	27	31	36	27	29	26	26
Interest expense	0	0	1	0	0	0	0
Net interest income	—	—	−1	−0	0	—	—
Income before tax	27	51	36	27	31	26	26
Income tax	0	2	1	0	0	−0	0
Net income	26	49	35	27	30	26	26
Diluted EPS	$57.00	$83.00	$54.00	$39.50	$30.06	$25.14	$24.07
Diluted shares (average)	—	—	—	—	—	1m	1m
EBITDA	28	34	38	30	33	29	33

US$ millions unless shown otherwise. Fiscal quarters.

Cheer Holding, Inc.: income statement, quarterly
Quarter	2019 Q1Mar 2019	2020 Q1Mar 2020
Revenue	14	10
Cost of revenue	8	5
Gross profit	6	5
Research and development	0	0
Selling, general and administrative	0	—
Selling and marketing	—	0
General and administrative	—	1
Operating income	4	3
Net interest income	−0	−0
Income before tax	4	3
Income tax	0	−0
Net income	4	3
Diluted EPS	$0.09	$0.06
EBITDA	5	3

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 Cheer Holding, Inc.'s SEC filings (10-K and 10-Q), retrieved October 31, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Cheer Holding, Inc.