Femasys Inc income statement
In fiscal 2025, Femasys Inc reported revenue of $2.3m, up 40.8% on the year before, operating income of −$17.6m (a -767.0% margin) and net income of −$18.6m, or −$0.47 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 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| Cost of revenue | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| Gross profit | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Research and development | 4 | 4 | 6 | 7 | 8 | 8 | 6 |
| Selling and marketing | 0 | 0 | 1 | 1 | 4 | 4 | 5 |
| General and administrative | 3 | 4 | 5 | 7 | 6 | 7 | 7 |
| Operating income | −7 | −8 | −12 | −15 | −18 | −18 | −18 |
| Interest expense | 0 | 0 | 0 | 0 | 2 | 2 | 1 |
| Income before tax | −7 | −8 | −11 | −14 | −19 | −19 | −12 |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −7 | −8 | −11 | −14 | −19 | −19 | −12 |
| Diluted EPS | −$7.20 | −$1.12 | −$0.96 | −$0.93 | −$0.85 | −$0.47 | — |
| Diluted shares (average) | — | 7m | 12m | 15m | 22m | 40m | — |
| EBITDA | −6 | −8 | −11 | −14 | −17 | −17 | −17 |
| 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 | 555 | 582 | 341 | 409 | 729 | 813 | 425 | 332 |
| Cost of revenue | 191 | 192 | 117 | 158 | 294 | 303 | 159 | 142 |
| Gross profit | 364 | 389 | 224 | 251 | 436 | 510 | 266 | 189 |
| Research and development | 2,303 | 2,167 | 2,968 | 1,414 | 1,382 | 1,813 | 1,309 | 1,947 |
| Selling and marketing | 1,572 | 1,182 | 909 | 985 | 1,144 | 1,406 | 1,316 | 1,294 |
| General and administrative | 1,531 | 1,681 | 1,723 | 1,617 | 1,478 | 1,829 | 1,782 | 1,932 |
| Operating income | −5,118 | −4,723 | −5,461 | −3,852 | −3,654 | −4,623 | −4,224 | −5,066 |
| Interest expense | 413 | 440 | 459 | 492 | 532 | 408 | 177 | 186 |
| Income before tax | −5,408 | −5,113 | −5,901 | −4,586 | −4,195 | −3,945 | 846 | −4,468 |
| Income tax | 1 | 10 | −4 | 0 | 0 | 5 | 0 | 1 |
| Net income | −5,409 | −5,124 | −5,897 | −4,586 | −4,195 | −3,950 | 846 | −4,469 |
| Diluted EPS | −$4.80 | −$0.23 | −$0.23 | −$3.18 | −$2.00 | −$0.01 | $0.00 | −$1.33 |
| EBITDA | −5,042 | −4,640 | −5,376 | −3,765 | −3,568 | −4,538 | −4,141 | −4,983 |
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