Wearable Devices Ltd. income statement

In fiscal 2025, Wearable Devices Ltd. reported revenue of $647,000, up 23.9% on the year before, operating income of −$8.3m (a -1287.8% margin) and net income of −$8.1m, or −$6.53 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$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Wearable Devices Ltd.: income statement, annual
Fiscal year	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	57	142	45	82	522	647
Cost of revenue	—	—	10	62	437	—
Gross profit	—	—	35	20	85	−148
Research and development	743	1,411	2,271	3,316	—	—
Selling and marketing	287	665	1,370	2,008	2,096	1,850
General and administrative	174	628	1,948	2,882	2,845	2,830
Operating income	−1,156	−2,669	−6,458	−8,186	−7,820	−8,332
Income before tax	—	—	−6,496	−7,814	−7,872	−8,102
Income tax	—	—	—	—	7	5
Net income	−1,258	−2,614	−6,496	−7,814	−7,879	−8,107
Diluted EPS	−$34.20	−$48.60	−$127.20	−$115.20	−$72.60	−$6.53
Diluted shares (average)	—	—	—	—	—	1m
EBITDA	−1,149	−2,658	−6,435	−8,118	−7,713	−8,248

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