Dyadic International Inc income statement
In fiscal 2025, Dyadic International Inc reported revenue of $3.1m, down 11.6% on the year before, operating income of −$7.2m (a -232.8% margin) and net income of −$7.4m, or −$0.23 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 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 4 |
| Cost of revenue | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 1 | 2 | 3 |
| Gross profit | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 1 | 1 |
| Research and development | 2 | 2 | 3 | 4 | 8 | 5 | 3 | 2 | 2 | 2 |
| General and administrative | 5 | 5 | 6 | 6 | 7 | 6 | 6 | 6 | 6 | 6 |
| Operating income | −7 | −8 | −9 | −10 | −15 | −10 | −8 | −6 | −7 | −7 |
| Income tax | −0 | −1 | 0 | 0 | 0 | — | — | — | — | — |
| Net income | −2 | −6 | −8 | −9 | −13 | −10 | −7 | −6 | −7 | −8 |
| Diluted EPS | −$0.07 | −$0.21 | −$0.31 | −$0.34 | −$0.47 | — | — | −$0.20 | −$0.23 | −$0.21 |
| Diluted shares (average) | 29m | 28m | 27m | 27m | 28m | 28m | 29m | 29m | 33m | 36m |
| 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 | 1,958 | 817 | 394 | 967 | 1,165 | 566 | 1,111 | 961 |
| Cost of revenue | 396 | 353 | 298 | 614 | 1,024 | 385 | 792 | 984 |
| Gross profit | 1,562 | 465 | 96 | 353 | 141 | 181 | 319 | −23 |
| Research and development | 460 | 546 | 495 | 629 | 572 | 458 | 476 | 333 |
| General and administrative | 1,298 | 1,440 | 1,596 | 1,437 | 1,481 | 1,247 | 1,755 | 1,690 |
| Operating income | −203 | −1,530 | −2,002 | −1,729 | −1,925 | −1,536 | −1,903 | −2,054 |
| Income tax | — | — | — | — | — | — | 0 | 0 |
| Net income | −203 | −1,551 | −2,028 | −1,794 | −1,976 | −1,567 | −1,955 | −2,124 |
| Diluted EPS | −$0.01 | −$0.05 | −$0.07 | −$0.06 | −$0.06 | −$0.06 | −$0.05 | −$0.06 |
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