Vivakor, Inc. income statement
In fiscal 2025, Vivakor, Inc. reported revenue of $104m, up 16.3% on the year before, operating income of −$63.8m (a -61.1% margin) and net income of −$110m, or −$318.01 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 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 1 | 1 | 28 | 59 | 90 | 104 | 90 |
| Cost of revenue | 1 | 1 | 25 | 54 | 80 | 67 | 49 |
| Gross profit | 0 | 0 | 3 | 5 | 10 | 38 | 41 |
| Selling and marketing | 1 | 1 | 0 | 0 | 0 | 0 | — |
| General and administrative | 3 | 5 | 10 | 7 | 12 | 43 | 43 |
| Operating income | −5 | −7 | −23 | −6 | −22 | −64 | −53 |
| Income before tax | — | −8 | −25 | −11 | −26 | −110 | −97 |
| Income tax | 0 | −1 | −4 | 0 | 0 | 0 | 0 |
| Net income | −3 | −7 | −20 | −11 | −26 | −110 | −98 |
| Diluted EPS | — | — | — | −$0.56 | −$151.32 | −$318.01 | — |
| Diluted shares (average) | — | — | — | — | — | — | — |
| EBITDA | −3 | −5 | −20 | −2 | −11 | −46 | −42 |
| 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 | 16 | 42 | 37 | 29 | 17 | 21 | 19 | 32 |
| Cost of revenue | 14 | 35 | 33 | 25 | 12 | −3 | 14 | 25 |
| Gross profit | 2 | 6 | 5 | 5 | 5 | 24 | 6 | 7 |
| Selling and marketing | 0 | −0 | — | 0 | 0 | 0 | — | 0 |
| General and administrative | 3 | 5 | 5 | 4 | 11 | 22 | 6 | 4 |
| Operating income | −2 | −16 | −6 | −7 | −9 | −42 | −2 | 0 |
| Interest expense | 1 | — | 1 | 4 | 14 | — | — | — |
| Income before tax | −2 | −19 | −8 | −13 | −34 | −56 | −5 | −3 |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −2 | −19 | −8 | −13 | −34 | −56 | −5 | −3 |
| Diluted EPS | −$0.06 | −$151.08 | −$846.40 | −$0.30 | −$41.80 | −$316.32 | −$46.40 | −$13.35 |
| EBITDA | −1 | −7 | −1 | 0 | −6 | −39 | 0 | 3 |
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