Fathom Holdings Inc. income statement
In fiscal 2025, Fathom Holdings Inc. reported revenue of $420m, up 25.4% on the year before, operating income of −$15.6m (a -3.7% margin) and net income of −$20.3m, or −$0.72 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 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 111 | 177 | 330 | 413 | 345 | 335 | 420 | 407 |
| Cost of revenue | 105 | 166 | — | — | — | — | — | — |
| Gross profit | 6 | 10 | — | — | — | — | — | — |
| Research and development | — | 0 | 4 | 8 | 6 | 7 | 7 | 8 |
| General and administrative | 10 | 10 | 33 | 43 | 36 | 34 | 33 | 36 |
| Operating income | −4 | −1 | −16 | −27 | −23 | −23 | −16 | −21 |
| Interest expense | 0 | 0 | 0 | — | — | — | — | — |
| Net interest income | — | — | −0 | 0 | −0 | — | — | — |
| Provision for credit losses | 0 | 0 | 0 | — | — | — | — | — |
| Income before tax | −4 | −1 | −16 | −28 | −24 | −23 | −20 | −25 |
| Income tax | −0 | −0 | −3 | −0 | 0 | −1 | 0 | 0 |
| Net income | −4 | −1 | −12 | −28 | −24 | −22 | −20 | −26 |
| Diluted EPS | −$0.42 | −$0.12 | −$0.88 | −$1.73 | −$1.47 | −$1.07 | −$0.72 | −$0.80 |
| Diluted shares (average) | 10m | 11m | 14m | 16m | 16m | 20m | 28m | 32m |
| EBITDA | −4 | −1 | −13 | −21 | −17 | −18 | −10 | −14 |
| 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 | 84 | 92 | 93 | 121 | 115 | 91 | 86 | 115 |
| Research and development | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 3 |
| General and administrative | 8 | 8 | 9 | 8 | 8 | 8 | 11 | 9 |
| Operating income | −8 | −9 | −4 | −2 | −4 | −5 | −8 | −4 |
| Provision for credit losses | — | — | 0 | 0 | — | — | 3 | 0 |
| Income before tax | −8 | −7 | −6 | −4 | −4 | −7 | −8 | −6 |
| Income tax | 0 | −1 | 0 | 0 | 0 | −0 | 0 | 0 |
| Net income | −8 | −6 | −6 | −4 | −4 | −7 | −8 | −6 |
| Diluted EPS | −$0.40 | −$0.29 | −$0.24 | −$0.13 | −$0.15 | −$0.21 | −$0.25 | −$0.19 |
| EBITDA | −7 | −8 | −3 | −1 | −3 | −3 | −6 | −2 |
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