Healthcare Triangle, Inc. income statement
In fiscal 2025, Healthcare Triangle, Inc. reported revenue of $13.9m, up 18.8% on the year before, operating income of −$9.8m (a -70.5% margin) and net income of −$9.5m, or −$152.30 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
| Fiscal year | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 31 | 35 | 46 | 33 | 12 | 14 | 26 |
| Cost of revenue | 23 | 25 | 35 | 26 | 9 | 12 | 20 |
| Gross profit | 9 | 11 | 11 | 1,070 | 1,070 | 1,235 | 6 |
| Research and development | 2 | 5 | 8 | 1 | 0 | 1 | 0 |
| Selling, general and administrative | — | 0 | 0 | — | — | — | — |
| Selling and marketing | — | — | — | 5 | 2 | 3 | 5 |
| General and administrative | 2 | — | — | 6 | 4 | 7 | 13 |
| Operating income | 1 | −5 | −16 | −8 | −5 | −10 | −15 |
| Interest expense | 0 | 1 | 0 | 1 | — | 1 | 0 |
| Net interest income | — | −1 | −0 | −1 | −1 | −1 | −0 |
| Provision for credit losses | — | — | — | — | −0 | 0 | — |
| Income before tax | 3 | −6 | −14 | −9 | −6 | −9 | −17 |
| Income tax | 0 | 0 | 1 | 0 | 0 | — | — |
| Net income | 2 | −6 | −14 | −9 | −6 | −9 | −17 |
| Diluted EPS | $0.84 | −$2.02 | −$3.88 | −$2.08 | −$16909.30 | −$152.30 | — |
| Diluted shares (average) | 3m | 3m | 4m | 4m | — | — | — |
| EBITDA | 2 | −4 | −13 | −6 | −4 | −9 | −13 |
| 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 | 2 | 2 | 4 | 4 | 3 | 3 | 10 | 9 |
| Cost of revenue | 2 | 2 | 3 | 3 | 3 | 3 | 7 | 7 |
| Gross profit | 0 | 0 | 1,070 | 0 | 1,069 | 165 | 2 | 2 |
| Research and development | 0 | −0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling and marketing | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 1 |
| General and administrative | 1 | 1 | 1 | 1 | 2 | 3 | 3 | 5 |
| Operating income | −1 | −0 | −1 | −1 | −3 | −4 | −4 | −4 |
| Interest expense | −0 | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Net interest income | −0 | −1 | −0 | −0 | −0 | −0 | −0 | −0 |
| Provision for credit losses | — | — | — | — | — | 0 | 0 | 0 |
| Income before tax | −1 | −1 | −2 | −1 | −2 | −5 | −6 | −4 |
| Income tax | 0 | 0 | — | — | — | — | — | 0 |
| Net income | −1 | −1 | −2 | −1 | −2 | −5 | −6 | −4 |
| Diluted EPS | −$18.26 | −$5561.73 | −$0.06 | −$11.67 | −$0.14 | −$50.02 | −$2.27 | −$1.56 |
| EBITDA | −1 | −1 | −1 | −1 | −3 | −4 | −3 | −4 |
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