Cyngn Inc. income statement
In fiscal 2025, Cyngn Inc. reported revenue of $218,976, down 40.5% on the year before, operating income of −$25.7m (a -11731.1% margin) and net income of −$23.5m, or −$5.17 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 | 0 | 1 | 0 | 0 | 0 |
| Cost of revenue | 0 | 1 | 1 | 0 | 0 |
| Gross profit | 0 | 0 | −0 | 0 | 0 |
| Research and development | 9 | 13 | 11 | 12 | 14 |
| General and administrative | 10 | 11 | 11 | 13 | 14 |
| Operating income | −19 | −23 | −23 | −26 | −29 |
| Net interest income | 0 | 0 | — | — | — |
| Income before tax | −19 | −23 | −33 | −23 | — |
| Income tax | 0 | — | — | — | — |
| Net income | −19 | −23 | −33 | −23 | −27 |
| Diluted EPS | −$20.63 | −$1632.23 | −$2521.41 | −$5.17 | — |
| Diluted shares (average) | 140m | — | — | 5m | — |
| EBITDA | −19 | −22 | −22 | −24 | −28 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross profit | −0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Research and development | 3 | 2 | 2 | 2 | 5 | 3 | 3 | 3 |
| General and administrative | 3 | 3 | 3 | 4 | 3 | 3 | 4 | 4 |
| Operating income | −6 | −6 | −5 | −6 | −8 | −7 | −7 | −7 |
| Income tax | 0 | — | 0 | 0 | 0 | — | — | 0 |
| Net income | −5 | −16 | −4 | −5 | −8 | −6 | −6 | −6 |
| Diluted EPS | −$408.30 | −$597.18 | −$3.40 | −$2.70 | −$1.20 | $0.03 | −$0.59 | — |
| EBITDA | −5 | −6 | −5 | −5 | −8 | −6 | −7 | −7 |
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