Creative Realities, Inc. income statement
In fiscal 2025, Creative Realities, Inc. reported revenue of $57.2m, up 12.5% on the year before, operating income of −$8.9m (a -15.5% margin) and net income of −$8.3m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 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 | 5 | 9 | 9 | 7 | 12 | 13 | 11 | 14 | 18 | 22 | 32 | 17 | 18 | 43 | 45 | 51 | 57 | 72 |
| Cost of revenue | 4 | 5 | 5 | 3 | 11 | 10 | 8 | 7 | 10 | 12 | 18 | 9 | 10 | 26 | 23 | 27 | 32 | 42 |
| Gross profit | 1 | 4 | 4 | 4 | 1 | 3 | 4 | 7 | 7 | 10 | 14 | 8 | 8 | 18 | 22 | 24 | 26 | 30 |
| Research and development | 2 | 3 | 2 | 2 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | — | — | — |
| Selling and marketing | 3 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 1 | 4 | 5 | 6 | 6 | 8 |
| General and administrative | 6 | 6 | 6 | 5 | 3 | 6 | 7 | 6 | 7 | 10 | 9 | 8 | 7 | 12 | 16 | 17 | 23 | 32 |
| Operating income | −10 | −8 | −7 | −5 | −3 | −5 | −7 | −5 | −6 | −4 | −0 | −16 | −3 | −2 | 1 | 1 | −9 | −16 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 2 | 3 | 1 | 1 | 1 | 3 | 3 | 2 | 2 | 5 |
| Income before tax | — | — | — | — | — | −4 | −8 | −5 | −7 | −11 | 1 | −17 | 0 | 2 | −3 | −3 | −7 | −21 |
| Income tax | — | — | — | — | — | 0 | 0 | −0 | −0 | −0 | 0 | −0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Net income | −10 | −8 | −7 | −5 | −3 | −4 | −8 | −5 | −7 | −11 | 1 | −17 | 0 | 2 | −3 | −4 | −8 | −21 |
| Diluted EPS | — | — | −$51.60 | −$1.14 | −$3.00 | −$4.20 | −$5.10 | −$0.08 | −$2.86 | −$2.95 | $0.11 | −$1.65 | $0.06 | $0.28 | −$0.35 | −$0.34 | — | — |
| Diluted shares (average) | — | — | — | — | — | — | — | — | — | 4m | 10m | 10m | 4m | 7m | 8m | 10m | 10m | — |
| EBITDA | −9 | −7 | −6 | −5 | −3 | −4 | −5 | −3 | −5 | −3 | 1 | −15 | −1 | 0 | 5 | 1 | −9 | — |
| 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 | 14 | 11 | 10 | 13 | 11 | 24 | 16 | 22 |
| Cost of revenue | 8 | 6 | 5 | 8 | 6 | 12 | 11 | 13 |
| Gross profit | 7 | 5 | 4 | 5 | 5 | 11 | 6 | 8 |
| Selling and marketing | 2 | 1 | 1 | 1 | 1 | 2 | 3 | 2 |
| General and administrative | 4 | 4 | 4 | 5 | 5 | 9 | 9 | 9 |
| Operating income | 1 | −1 | −1 | −1 | −7 | 0 | −6 | −3 |
| Interest expense | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
| Income before tax | 0 | −3 | 3 | −2 | −8 | −1 | −8 | −4 |
| Income tax | 0 | −0 | 0 | −0 | −0 | 1 | −1 | −0 |
| Net income | 0 | −3 | 3 | −2 | −8 | −2 | −7 | −4 |
| Diluted EPS | $0.01 | −$0.28 | $0.32 | −$0.17 | −$0.75 | — | — | −$0.41 |
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