Jaguar Health, Inc. income statement
In fiscal 2025, Jaguar Health, Inc. reported revenue of $11.5m, down 1.5% on the year before, operating income of −$45.9m (a -398.8% margin) and net income of −$53.6m, or −$22.97 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 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 4 | 4 | 6 | 9 | 4 | 12 | 10 | 12 | 12 | 28 |
| Cost of revenue | — | 0 | 0 | 1 | 3 | 4 | 3 | 2 | 2 | 2 | 2 | 4 | 5 |
| Gross profit | — | 0 | 0 | 3 | 2 | 2 | 6 | 2 | 10 | 8 | 10 | 8 | 23 |
| Research and development | 4 | 6 | 7 | 4 | 5 | 6 | 6 | 15 | 18 | 19 | 17 | 25 | 25 |
| Selling and marketing | — | 1 | 0 | 3 | 10 | 7 | 7 | 9 | 9 | 6 | 8 | 9 | 5 |
| General and administrative | 4 | 5 | 6 | 11 | 12 | 14 | 14 | 17 | 18 | 17 | 16 | 19 | 18 |
| Operating income | −8 | −12 | −14 | −34 | −31 | −29 | −27 | −41 | −34 | −34 | −31 | −46 | −26 |
| Interest expense | 0 | 3 | 1 | 1 | 3 | 6 | 3 | 8 | 13 | 6 | 0 | 0 | 1 |
| Income before tax | — | — | −15 | −35 | −32 | −39 | −34 | −53 | −48 | −42 | −39 | −54 | −37 |
| Income tax | — | — | — | −13 | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net income | −9 | −16 | −15 | −22 | −32 | −39 | −34 | −0 | −0 | −0 | −38 | −54 | −52 |
| Diluted EPS | −$0.18 | −$1193730.99 | −$0.08 | −$838927.61 | −$1210073.73 | −$71134.37 | −$23685.14 | −$9286.68 | −$3808.57 | −$187.95 | −$16.34 | −$22.97 | — |
| Diluted shares (average) | — | — | — | — | — | — | — | — | — | — | 2m | 2m | — |
| EBITDA | — | −12 | −14 | −34 | −30 | −27 | −25 | −39 | −32 | −32 | −29 | −44 | −24 |
| 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 | 3 | 4 | 2 | 3 | 3 | 3 | 20 | 1 |
| Cost of revenue | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 |
| Gross profit | 3 | 3 | 2 | 2 | 3 | 1 | 19 | 0 |
| Research and development | 4 | 5 | 4 | 3 | 4 | 14 | 4 | 3 |
| Selling and marketing | 2 | 3 | 2 | 2 | 2 | 2 | 1 | 0 |
| General and administrative | 4 | 4 | 5 | 5 | 4 | 5 | 4 | 4 |
| Operating income | −7 | −8 | −9 | −8 | −7 | −21 | 10 | −8 |
| Interest expense | −0 | −0 | −0 | −0 | 0 | 0 | 1 | 0 |
| Income before tax | −10 | −10 | −11 | −11 | −10 | −23 | 9 | −13 |
| Income tax | 0 | 0 | 0 | 0 | — | — | 0 | 0 |
| Net income | −10 | −10 | −10 | −10 | −10 | −23 | −7 | −13 |
| Diluted EPS | −$26.29 | $20.03 | −$584.45 | −$358.94 | −$6.28 | −$0.36 | −$13.60 | −$15.70 |
| EBITDA | −7 | −8 | −9 | −8 | −7 | −21 | 11 | −7 |
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