Great Elm Group, Inc. income statement
In fiscal 2026, Great Elm Group, Inc. reported revenue of $27.8m, up 70.2% on the year before, operating income of −$14.0m (a -50.4% margin) and net income of −$35.4m, or −$1.17 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 | 2020Jun 2020 | 2021Jun 2021 | 2022Jun 2022 | 2023Jun 2023 | 2024Jun 2024 | 2025Jun 2025 | 2026Jun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 59 | 61 | 68 | 9 | 18 | 16 | 28 |
| Cost of revenue | — | — | — | — | 6 | 1 | 13 |
| Gross profit | — | — | — | — | 12 | 15 | 15 |
| Selling, general and administrative | 6 | 6 | 6 | 8 | 8 | 6 | 7 |
| Operating income | −2 | −4 | −9 | −11 | −8 | −8 | −14 |
| Interest expense | 5 | 5 | 6 | 6 | 4 | 4 | 4 |
| Income before tax | −13 | −7 | −19 | 15 | −1 | 16 | −37 |
| Income tax | 0 | 2 | 0 | 0 | 0 | 0 | −0 |
| Net income | −13 | −7 | −15 | 28 | −1 | 13 | −35 |
| Diluted EPS | −$0.51 | −$0.28 | −$0.56 | $0.73 | −$0.05 | $0.38 | −$1.17 |
| Diluted shares (average) | 25m | 26m | 27m | 41m | 30m | 39m | 30m |
| EBITDA | 9 | 5 | −8 | −10 | −7 | −7 | −13 |
| Quarter | 2025 Q1Sept 2024 | 2025 Q2Dec 2024 | 2025 Q3Mar 2025 | 2025 Q4Jun 2025 | 2026 Q1Sept 2025 | 2026 Q2Dec 2025 | 2026 Q3Mar 2026 | 2026 Q4Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4 | 4 | 3 | 6 | 11 | 3 | 3 | 11 |
| Cost of revenue | 1 | 0 | — | — | 7 | 0 | — | — |
| Gross profit | 3 | 3 | — | — | 4 | 3 | — | — |
| Selling, general and administrative | 2 | 1 | 1 | 2 | 2 | 2 | 2 | 2 |
| Operating income | −2 | −2 | −3 | −1 | −4 | −4 | −4 | −2 |
| Interest expense | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Income before tax | 3 | 1 | −5 | 16 | −8 | −17 | −13 | 1 |
| Income tax | 0 | 0 | 0 | 0 | 0 | −0 | 0 | −0 |
| Net income | 3 | 1 | −4 | 14 | −7 | −16 | −14 | 1 |
| Diluted EPS | $0.08 | $0.04 | −$0.17 | $0.40 | −$0.24 | −$0.50 | −$0.45 | $0.03 |
| EBITDA | −2 | −2 | −2 | −1 | −3 | −4 | −4 | −2 |
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