Tantech Holdings LTD income statement

In fiscal 2025, Tantech Holdings LTD reported revenue of $38.4m, down 10.7% on the year before, operating income of −$12.2m (a -31.8% margin) and net income of −$31.0m, or −$13.64 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.

Tantech Holdings LTD: income statement, annual
Fiscal year	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
Revenue	61	65	47	40	42	30	49	42	55	53	45	43	38
Cost of revenue	44	45	32	27	32	22	43	38	45	43	35	34	31
Gross profit	17	21	15	13	11	8	6	4	10	10	10	9	7
Research and development	1	1	1	0	1	0	0	1	8	0	0	0	0
General and administrative	3	2	5	4	5	5	5	1	9	4	6	5	19
Operating income	12	17	8	9	5	2	−9	−10	−9	6	4	4	−12
Interest expense	1	1	0	0	1	1	0	0	1	0	0	0	0
Non-interest expense	—	—	—	—	—	—	—	—	0	0	0	0	—
Provision for credit losses	0	−0	0	0	−0	—	—	—	—	—	—	—	—
Income before tax	12	18	9	8	4	2	−9	−11	−8	7	9	1	−34
Income tax	2	3	2	1	2	1	0	−1	2	3	2	3	−3
Net income	10	14	8	4	4	2	−6	−7	−8	3	6	−3	−31
Diluted EPS	$3648.00	$6336.00	$3840.00	$1824.00	$1440.00	$672.00	−$88.00	−$2117.20	−$1934.00	$120.10	$80.69	−$7.66	−$13.64
Diluted shares (average)	—	—	—	—	—	—	—	—	4m	—	—	—	2m
EBITDA	13	19	10	9	5	3	−8	−10	−8	6	4	4	−12

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 Tantech Holdings LTD's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Tantech Holdings LTD.