ZW Data Action Technologies Inc. income statement
In fiscal 2025, ZW Data Action Technologies Inc. reported revenue of $4.6m, down 70.1% on the year before, operating income of −$2.0m (a -42.3% margin) and net income of −$1.8m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 40 | 28 | 46 | 30 | 38 | 32 | 35 | 47 | 57 | 58 | 38 | 47 | 26 | 31 | 15 | 5 | 3 |
| Cost of revenue | — | — | — | — | — | — | — | 42 | 55 | 53 | 38 | 47 | 26 | 31 | 15 | 4 | 3 |
| Gross profit | 23 | 17 | 15 | 14 | 6 | 8 | 8 | 5 | 2 | 5 | 1 | 0 | −0 | −0 | 0 | 0 | 0 |
| Research and development | 1 | 2 | 2 | 2 | 3 | 2 | 2 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | — |
| Selling and marketing | — | — | — | 3 | 7 | 5 | 4 | 3 | 2 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | — |
| General and administrative | 3 | 8 | 6 | 8 | 6 | 7 | 8 | 7 | 5 | 6 | 5 | 13 | 8 | 4 | 4 | 2 | — |
| Operating income | 15 | 3 | 5 | 1 | −13 | −9 | −6 | −9 | −15 | −2 | −6 | −14 | −11 | −6 | −4 | −2 | −1 |
| Interest expense | — | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | — | — | — | — | — | — |
| Provision for credit losses | — | — | — | — | — | — | — | — | — | — | — | — | 1 | 1 | −0 | 0 | 0 |
| Income before tax | 17 | 4 | 4 | 1 | −13 | −9 | −6 | −10 | −13 | −1 | −5 | −3 | −10 | −6 | −3 | −2 | −1 |
| Income tax | 0 | 1 | 1 | 1 | −0 | −1 | 0 | 0 | 1 | 0 | 0 | 0 | −0 | −0 | 0 | 0 | −0 |
| Net income | 17 | 3 | 3 | −0 | −14 | −9 | −6 | −10 | −14 | −1 | −5 | −3 | −10 | −6 | −4 | −2 | −1 |
| Diluted EPS | $39.50 | $0.14 | $0.14 | −$0.01 | −$0.61 | — | — | −$0.84 | −$0.88 | −$0.07 | −$0.24 | −$0.08 | — | — | — | — | −$0.26 |
| Diluted shares (average) | — | — | — | — | — | — | — | — | — | — | 1m | 2m | 2m | 2m | 2m | 3m | 3m |
| EBITDA | 15 | 4 | 6 | 2 | −12 | −8 | −5 | −8 | −14 | −2 | −5 | −13 | −9 | −5 | −3 | −2 | −1 |
| 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 | 3,239 | 2,249 | 1,652 | 548 | 1,717 | 697 | 383 | 652 |
| Cost of revenue | 3,184 | 2,258 | 1,492 | 501 | 1,619 | 649 | 356 | 605 |
| Gross profit | 55 | −9 | 160 | 47 | 98 | 48 | 27 | 47 |
| Research and development | 0 | 0 | — | 0 | — | — | — | 13 |
| Selling and marketing | 75 | −1 | 0 | 0 | 0 | 0 | 0 | — |
| General and administrative | 1,972 | 534 | 739 | 729 | 251 | 587 | — | — |
| Operating income | −1,992 | −542 | −579 | −682 | −153 | −539 | 79 | −381 |
| Provision for credit losses | 12 | −11 | 376 | 1 | 3 | 96 | −5 | 8 |
| Income before tax | −1,905 | −379 | −529 | −638 | −107 | −496 | 123 | −354 |
| Income tax | 0 | 403 | 1 | −1 | 1 | 0 | −3 | −4 |
| Net income | −1,914 | −781 | −531 | −637 | −108 | −494 | 126 | −350 |
| EBITDA | −1,972 | −317 | −556 | −672 | −143 | −470 | 145 | −371 |
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