Highway Holdings LTD income statement

In fiscal 2026, Highway Holdings LTD reported revenue of $4.8m, down 35.2% on the year before, operating income of −$2.3m (a -48.0% margin) and net income of −$1.5m, or −$0.33 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.

Highway Holdings LTD: income statement, annual
Fiscal year	2010Mar 2010	2011Mar 2011	2012Mar 2012	2013Mar 2013	2014Mar 2014	2015Mar 2015	2016Mar 2016	2017Mar 2017	2018Mar 2018	2019Mar 2019	2020Mar 2020	2021Mar 2021	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026
Revenue	22	31	25	22	23	22	23	20	19	14	13	9	12	10	6	7	5
Cost of revenue	—	—	—	—	—	—	—	14	12	11	8	6	9	7	5	5	3
Gross profit	5	7	5	5	5	6	6	6	7	4	4	3	4	3	2	2	1
Selling, general and administrative	4	5	5	5	5	4	4	5	5	4	3	3	3	4	2	3	4
Operating income	0	2	0	0	1	1	2	1	2	−1	1	−1	1	−0	−2	−1	−2
Interest expense	0	0	0	0	0	0	0	—	—	—	—	—	—	—	—	—	0
Net interest income	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0	0	0
Income before tax	0	2	0	0	1	1	2	1	2	−1	1	−1	1	−0	−1	0	−2
Income tax	0	0	0	−0	0	0	0	0	1	−0	0	−0	0	−0	−0	0	−0
Net income	0	2	0	0	1	1	1	1	2	−1	1	−0	0	−0	−1	0	−2
Diluted EPS	$0.11	$0.44	$0.05	$0.12	$0.16	$0.30	$0.33	$0.14	$0.41	−$0.17	$0.18	−$0.12	$0.11	−$0.07	−$0.22	$0.02	−$0.33
Diluted shares (average)	4m	4m	4m	4m	4m	4m	4m	4m	4m	4m	4m	4m	4m	4m	4m	4m	5m
EBITDA	—	2	1	1	1	2	2	1	2	−0	1	−0	1	−0	−1	−1	−2

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.

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Figures from Highway Holdings LTD's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Highway Holdings LTD.