Xcel Brands, Inc. income statement
In fiscal 2025, Xcel Brands, Inc. reported revenue of $4.9m, down 40.2% on the year before, operating income of −$13.2m (a -267.9% margin) and net income of −$17.5m, or −$5.08 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 | 2012Dec 2012 | 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 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 13 | 13 | 21 | 28 | 33 | 32 | 35 | 42 | 29 | 38 | 26 | 18 | 8 | 5 | 5 |
| Cost of revenue | — | — | — | — | — | — | 3 | 10 | 5 | 11 | 8 | 7 | 0 | — | — |
| Gross profit | 13 | 13 | 21 | 27 | 33 | 32 | 33 | 31 | 24 | 27 | 18 | 11 | 8 | 5 | — |
| Selling, general and administrative | — | — | — | — | 6 | 5 | 5 | 6 | 10 | 14 | 16 | 13 | 7 | 5 | 5 |
| Operating income | 6 | 2 | 1 | 5 | 5 | −9 | 4 | −3 | −16 | −13 | −2 | −21 | −21 | −13 | −13 |
| Interest expense | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 0 | 1 | 2 | 2 |
| Net interest income | — | — | — | — | — | — | — | — | — | −4 | −4 | −0 | — | — | — |
| Income before tax | 4 | −0 | −1 | 3 | 3 | −11 | 3 | −4 | −18 | −16 | −6 | −21 | −22 | −17 | −16 |
| Income tax | −1 | −1 | −0 | 0 | 0 | −0 | 2 | −1 | −5 | −3 | −0 | 1 | 0 | 0 | 0 |
| Net income | 4 | 2 | −1 | 3 | 3 | −10 | 1 | −3 | −13 | −12 | −4 | −21 | −22 | −17 | −16 |
| Diluted EPS | $5.70 | $1.60 | — | — | — | −$5.50 | $0.60 | −$1.80 | −$6.80 | −$6.30 | −$2.00 | −$10.68 | −$9.84 | −$5.08 | — |
| Diluted shares (average) | — | — | 1m | 2m | 2m | 2m | 2m | 2m | 2m | 2m | 2m | 2m | 2m | 3m | — |
| EBITDA | 7 | 3 | 2 | 6 | 6 | −8 | 6 | 1 | −11 | −6 | 5 | −14 | −16 | −10 | −9 |
| 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 | 1,912 | 1,209 | 1,332 | 1,321 | 1,118 | 1,168 | 1,144 | 1,121 |
| Cost of revenue | 407 | 0 | — | — | — | — | — | — |
| Gross profit | 1,505 | 1,209 | — | 1,321 | 1,118 | 1,168 | — | — |
| Selling, general and administrative | 1,618 | 1,705 | 1,197 | 912 | 1,214 | 1,324 | 1,202 | 1,016 |
| Operating income | −9,078 | −6,443 | −2,187 | −1,654 | −7,442 | −1,948 | −1,884 | −1,585 |
| Interest expense | 133 | 200 | 473 | 457 | 470 | 678 | 562 | 640 |
| Net interest income | −142 | — | — | — | — | — | — | — |
| Income before tax | −9,220 | −6,936 | −2,747 | −3,991 | −7,964 | −2,795 | −2,477 | −2,457 |
| Income tax | 0 | 220 | 50 | 0 | 25 | 0 | 12 | 19 |
| Net income | −9,213 | −7,083 | −2,797 | −3,988 | −7,899 | −2,777 | −2,489 | −2,476 |
| Diluted EPS | −$3.92 | −$3.02 | −$1.18 | −$1.66 | −$2.02 | −$0.02 | −$0.42 | −$0.40 |
| EBITDA | −8,168 | −5,540 | −1,287 | −755 | −6,546 | −1,050 | −991 | −772 |
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