Toppoint Holdings Inc. income statement
In fiscal 2025, Toppoint Holdings Inc. reported revenue of $16.5m, up 3.2% on the year before, operating income of −$7.4m (a -44.6% margin) and net income of −$7.3m, or −$0.41 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 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|
| Revenue | 18 | 16 | 17 | 18 |
| Cost of revenue | 15 | 14 | 16 | 18 |
| Gross profit | 3 | 2 | 0 | −0 |
| Selling, general and administrative | — | 2 | 8 | — |
| General and administrative | 2 | — | — | 6 |
| Operating income | 1 | −1 | −7 | −6 |
| Interest expense | 0 | 0 | 0 | 0 |
| Income before tax | 1 | 0 | −7 | −6 |
| Income tax | 0 | −0 | −0 | — |
| Net income | 1 | 0 | −7 | −6 |
| Diluted EPS | $0.04 | $0.01 | −$0.41 | −$0.32 |
| Diluted shares (average) | 15m | 15m | 18m | 19m |
| EBITDA | 1 | −1 | −7 | −6 |
| 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 | 3,737 | 3,872 | 3,812 | 3,969 | 4,495 | 4,273 | 4,107 | 4,640 |
| Cost of revenue | 3,279 | 3,323 | 3,314 | 3,514 | 3,124 | 6,100 | 4,274 | 4,263 |
| Gross profit | 458 | 548 | 498 | 455 | 1,371 | −1,826 | −167 | 378 |
| Selling, general and administrative | 893 | 428 | 517 | 2,044 | 5,601 | −675 | 547 | — |
| General and administrative | — | — | — | — | — | — | — | 718 |
| Operating income | −435 | −565 | −407 | −1,589 | −4,230 | −1,152 | −714 | −341 |
| Interest expense | 57 | 80 | 100 | 152 | 32 | 80 | 27 | 55 |
| Income before tax | −27 | −258 | −435 | −1,640 | −4,147 | −1,138 | −654 | −307 |
| Income tax | 0 | −206 | 94 | −109 | 0 | 0 | — | — |
| Net income | −28 | −53 | −528 | −1,532 | −4,147 | −1,138 | −654 | −307 |
| Diluted EPS | $0.00 | −$0.01 | −$0.03 | −$0.09 | −$0.23 | −$0.05 | −$0.03 | −$0.01 |
| EBITDA | −418 | −514 | −310 | −1,455 | −4,093 | −1,179 | −634 | −261 |
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