Hongli Group Inc. income statement

In fiscal 2025, Hongli Group Inc. reported revenue of $19.6m, up 39.0% on the year before, operating income of $2.4m (a 12.4% margin) and net income of $1.9m, or $0.03 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.

Hongli Group Inc.: income statement, annual
Fiscal year	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	11	22	20	16	14	20
Cost of revenue	7	14	13	11	10	13
Gross profit	4	8	7	5	5	6
Research and development	1	1	1	1	1	1
Selling, general and administrative	2	4	4	4	6	—
Selling and marketing	—	—	—	—	—	1
General and administrative	—	—	—	—	—	2
Operating income	2	4	3	1	−2	2
Interest expense	0	0	0	1	0	0
Income before tax	3	3	3	1	−2	2
Income tax	0	0	0	0	0	0
Net income	2	3	3	1	−2	2
Diluted EPS	$0.06	$0.08	$0.07	$0.02	−$0.03	$0.03
Diluted shares (average)	40m	40m	40m	47m	70m	73m
EBITDA	3	5	4	2	−1	3

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 Hongli Group Inc.'s SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Hongli Group Inc.