Ispecimen Inc. income statement
In fiscal 2025, Ispecimen Inc. reported revenue of $1.9m, down 79.2% on the year before, operating income of −$9.0m (a -465.4% margin) and net income of −$10.5m, or −$2.28 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 | 8 | 11 | 10 | 10 | 9 | 2 | 0 |
| Cost of revenue | 4 | 5 | 5 | 5 | 5 | 2 | 1 |
| Gross profit | 5 | 6 | 6 | 5 | 4 | 0 | −0 |
| Research and development | 0 | 1 | 1 | 2 | 1 | — | — |
| Selling and marketing | 2 | 2 | 3 | 4 | 5 | 2 | 4 |
| General and administrative | 2 | 6 | 7 | 6 | 6 | 3 | 3 |
| Operating income | −2 | −6 | −10 | −11 | −13 | −9 | −9 |
| Interest expense | 2 | 2 | 0 | 0 | 0 | 0 | — |
| Income tax | 0 | 0 | 0 | — | — | — | — |
| Net income | −5 | −9 | −10 | −11 | −12 | −10 | −11 |
| Diluted EPS | −$49.70 | −$20.90 | −$1.16 | −$24.55 | −$17.58 | −$2.28 | — |
| Diluted shares (average) | — | — | — | — | — | 5m | — |
| EBITDA | −2 | −6 | −10 | −9 | −10 | −7 | −9 |
| 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 | 2,662 | 1,476 | 1,058 | 713 | 107 | 52 | 156 | 152 |
| Cost of revenue | 1,554 | 1,276 | 609 | 444 | 205 | 551 | 84 | 83 |
| Gross profit | 1,108 | 199 | 448 | 269 | −98 | −499 | 72 | 69 |
| Selling and marketing | 632 | 2,565 | 347 | 258 | 1,141 | 549 | 1,542 | 544 |
| General and administrative | 893 | 2,015 | 759 | 948 | 864 | 901 | 680 | 443 |
| Operating income | −1,705 | −5,840 | −1,638 | −1,821 | −2,830 | −2,688 | −2,538 | −1,363 |
| Interest expense | 7 | 157 | 2 | 0 | 0 | 0 | — | — |
| Net income | −1,440 | −6,047 | −1,658 | −1,047 | −2,781 | −5,001 | −2,275 | −1,363 |
| Diluted EPS | −$21.00 | −$1.57 | −$7.14 | −$4.20 | −$4.80 | −$0.18 | −$1.67 | −$0.98 |
| EBITDA | −1,689 | −5,292 | −1,206 | −1,804 | −2,813 | −2,280 | −2,402 | −1,361 |
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