High Templar Tech Ltd income statement

In fiscal 2025, High Templar Tech Ltd reported revenue of $5.7m, down 81.1% on the year before, operating income of −$55.4m (a -972.6% margin) and net income of $98.6m. 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.

High Templar Tech Ltd: income statement, annual
Fiscal year	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	37	217	707	1,166	1,280	535	256	86	18	30	6
Cost of revenue	24	40	130	415	131	125	46	57	23	28	5
Gross profit	14	177	577	751	1,150	410	210	29	−5	2	0
Research and development	6	8	23	30	30	25	22	9	7	8	6
Selling and marketing	31	27	64	82	41	43	20	40	1	1	1
General and administrative	7	16	27	39	41	41	69	43	39	38	41
Operating income	−37	107	358	408	557	125	143	−49	−47	−43	−55
Provision for credit losses	7	20	90	173	313	208	−30	−31	—	—	—
Income before tax	−37	106	358	401	563	177	131	−40	14	22	103
Income tax	—	19	38	24	91	38	40	14	9	9	4
Net income	−37	87	320	378	473	139	91	−54	6	13	99
Diluted EPS	−$0.12	$0.29	—	$1.17	—	—	—	—	—	—	—
Diluted shares (average)	317m	304m	—	—	—	—	—	—	—	—	—
EBITDA	−37	108	359	409	560	127	146	−48	−45	−40	−48

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 High Templar Tech Ltd's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to High Templar Tech Ltd.