Digital Brands Group, Inc. income statement
In fiscal 2025, Digital Brands Group, Inc. reported revenue of $7.4m, down 36.1% on the year before, operating income of −$29.5m (a -400.1% margin) and net income of −$28.3m, or −$2.18 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 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 5 | 8 | 10 | 15 | 12 | 7 | 6 |
| Cost of revenue | 5 | 6 | 7 | 8 | 8 | 6 | 6 |
| Gross profit | 1 | 2 | 4 | 7 | 4 | 1 | −0 |
| Selling, general and administrative | 7 | 17 | 14 | 14 | 9 | 10 | 11 |
| Operating income | −9 | −31 | −21 | −2 | −10 | −30 | −40 |
| Interest expense | 1 | 1 | 1 | 0 | 3 | 1 | 0 |
| Net interest income | −2 | −4 | −9 | −6 | — | — | — |
| Income tax | 0 | 1 | — | 0 | −0 | — | — |
| Net income | −11 | −32 | −38 | −10 | −13 | −28 | −44 |
| Diluted EPS | — | — | — | −$57.22 | −$76.71 | −$2.18 | — |
| Diluted shares (average) | 5m | — | — | — | — | 14m | — |
| EBITDA | −9 | −30 | −20 | 1 | −8 | −27 | −39 |
| 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 | 2 | 2 | 2 | 2 | 2 | 1 | 1 |
| Cost of revenue | 1 | 3 | 1 | 2 | 1 | 3 | 1 | 1 |
| Gross profit | 1 | −1 | 1 | 1 | 1 | −1 | 0 | 0 |
| Selling, general and administrative | 2 | 2 | 2 | 2 | 2 | 4 | 3 | 2 |
| Operating income | −3 | −5 | −2 | −2 | −3 | −22 | −7 | −7 |
| Interest expense | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −4 | −5 | −2 | −2 | −3 | −21 | −11 | −9 |
| Diluted EPS | −$3261.20 | $110.93 | −$36.80 | −$32.34 | −$47.20 | −$0.13 | −$42.40 | −$13.59 |
| EBITDA | −2 | −4 | −2 | −2 | −3 | −21 | −7 | −7 |
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