Guardforce AI Co., Ltd. income statement

In fiscal 2025, Guardforce AI Co., Ltd. reported revenue of $35.2m, up 8.0% on the year before, operating income of −$5.9m (a -16.7% margin) and net income of −$6.7m, or −$0.30 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

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Guardforce AI Co., Ltd.: income statement, annual
Fiscal year	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	39	38	35	34	33	33	35
Cost of revenue	—	—	31	30	29	28	30
Gross profit	5	6	4	4	4	5	5
Research and development	—	—	—	0	0	0	1
Selling and marketing	—	0	—	—	—	—	—
General and administrative	5	7	7	15	13	—	—
Operating income	−0	−2	−4	−17	−28	−7	−6
Interest expense	0	0	0	0	0	0	0
Income before tax	0	−3	−6	−18	−28	−6	−5
Income tax	0	0	−1	0	0	−0	−0
Net income	0	−3	−5	−19	−30	−6	−7
Diluted EPS	$0.00	−$0.73	−$1.19	−$1.50	−$2.27	−$0.27	−$0.30
Diluted shares (average)	4m	4m	5m	12m	13m	22m	22m
EBITDA	0	−2	−2	−14	−26	−6	−5

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

Compare with peers

Head to head: GFAI vs HGBL GFAI vs SUGP GFAI vs THH

More: Diversified Support Services stocks compared, Industrials sector, rankings of US companies

Figures from Guardforce AI Co., Ltd.'s SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Guardforce AI Co., Ltd.