Milestone Scientific Inc. income statement

In fiscal 2025, Milestone Scientific Inc. reported revenue of $9.0m, up 4.0% on the year before, operating income of −$5.7m (a -63.5% margin) and net income of −$5.7m, or −$0.07 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.

Milestone Scientific Inc.: income statement, annual
Fiscal year	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	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	10	8	9	10	10	9	10	11	10	8	5	10	9	10	9	9	9
Cost of revenue	—	—	—	—	—	—	—	4	5	3	2	4	4	3	2	3	3
Gross profit	6	5	6	7	7	6	6	7	4	6	4	6	5	7	6	6	7
Research and development	0	0	0	0	0	0	1	0	0	0	0	1	1	1	1	0	—
Selling, general and administrative	7	6	6	6	7	9	12	12	11	10	11	13	13	13	12	12	11
Operating income	−1	−1	−1	1	−1	−3	−7	−5	−8	−4	−7	−7	−9	−7	−7	−6	−4
Interest expense	0	0	0	0	0	—	—	—	—	—	—	—	—	—	—	—	—
Net interest income	—	—	—	—	—	—	—	—	0	0	−0	−0	0	0	0	—	—
Income before tax	—	—	—	1	−2	−3	−7	−5	−8	−8	−7	−7	−9	−7	−5	−6	−4
Income tax	—	—	—	—	0	0	−0	0	0	0	0	0	0	0	—	—	—
Net income	−1	−1	−1	1	−2	−5	−6	−5	−7	−8	−7	−7	−9	−7	−5	−6	−4
Diluted EPS	—	−$0.10	−$0.05	$0.08	−$0.08	−$0.26	−$0.22	−$0.16	−$0.21	−$0.16	−$0.12	−$0.10	—	—	−$0.06	−$0.07	−$0.05
Diluted shares (average)	—	15m	16m	17m	20m	21m	27m	33m	35m	46m	63m	69m	71m	73m	80m	82m	86m
EBITDA	−1	−1	−1	1	−1	−3	−6	−5	−7	−4	−7	−7	−9	−7	−7	−6	−4

US$ thousands unless shown otherwise. Fiscal quarters.

Milestone Scientific Inc.: income statement, quarterly
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	2,514	2,014	2,232	2,323	2,360	2,058	2,162	2,841
Cost of revenue	678	502	585	706	719	556	598	931
Gross profit	1,836	1,511	1,647	1,618	1,641	1,502	1,564	1,910
Research and development	232	218	369	52	16	12	—	7
Selling, general and administrative	3,065	3,327	3,257	3,031	2,739	2,550	2,373	2,946
Operating income	−1,469	−2,042	−1,998	−1,485	−1,134	−1,080	−828	−1,062
Net interest income	8	7	3	2	—	—	—	—
Income before tax	−1,461	−2,036	−1,995	−1,483	−1,154	−1,091	−840	−1,059
Income tax	—	—	—	0	—	—	—	—
Net income	−1,461	−2,036	−1,995	−1,483	−1,154	−1,091	−840	−1,059
Diluted EPS	−$0.02	−$0.03	−$0.02	−$0.02	−$0.01	−$0.01	−$0.01	−$0.01
EBITDA	−1,461	−2,034	−1,978	−1,465	−1,114	−1,061	−809	−1,042

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 Milestone Scientific Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Milestone Scientific Inc.