SHF Holdings, Inc. income statement
In fiscal 2025, SHF Holdings, Inc. reported revenue of $7.7m, down 49.7% on the year before, operating income of −$5.4m (a -70.4% margin) and net income of −$2.2m, or −$0.82 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 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|
| Revenue | 7 | 9 | 18 | 15 | 8 | 8 |
| General and administrative | 1 | 2 | 7 | 4 | 3 | 4 |
| Operating income | 3 | −2 | −21 | −7 | −5 | −5 |
| Interest expense | — | 1 | 1 | 1 | 0 | — |
| Provision for credit losses | 0 | 1 | 0 | — | — | — |
| Income before tax | 3 | −44 | −19 | −4 | −2 | −4 |
| Income tax | — | −9 | −2 | 44 | −0 | — |
| Net income | 3 | −35 | −17 | −48 | −2 | −4 |
| Diluted EPS | — | −$37.00 | −$8.12 | −$17.43 | −$0.82 | −$0.85 |
| Diluted shares (average) | — | — | 2m | 3m | 3m | 4m |
| EBITDA | 3 | −2 | −19 | −6 | −5 | — |
| 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 | 2 | 2 | 2 | 2 | 2 |
| General and administrative | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 |
| Operating income | 0 | −8 | −2 | −1 | −1 | −1 | −2 | −1 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Provision for credit losses | 0 | −1 | — | — | — | — | — | — |
| Income before tax | 0 | −8 | −1 | −1 | 0 | −1 | −2 | −2 |
| Income tax | 0 | 44 | — | −0 | 0 | 0 | — | — |
| Net income | 0 | −52 | −1 | −1 | 0 | −1 | −2 | −2 |
| Diluted EPS | $0.13 | −$18.62 | −$0.30 | −$0.33 | $0.06 | −$0.26 | −$0.43 | −$0.36 |
| EBITDA | 0 | −8 | −2 | −1 | −1 | −1 | — | — |
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