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Xwell, Inc. income statement

In fiscal 2025, Xwell, Inc. reported revenue of $29.2m, down 13.8% on the year before, operating income of −$15.7m (a -53.6% margin) and net income of −$17.0m, 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

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Xwell, Inc.: income statement, annual
Fiscal year2010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue0101123124950498745630342928
Cost of revenue0013—01739393812414426252219
Gross profit01−12—1225101111−4321249810
Research and development32121————————————
Selling, general and administrative——101516101017161416242113201620
General and administrative23———————————————
Operating income−6−6−22−41−111−10−18−15−35−16−404−31−28−17−16−17
Interest expense————032123—————0—
Net interest income—————————−3−2000010
Income before tax−10−7−18−42−109−12−19−16−36−21−923−33−28−16−16−22
Income tax00000−100−0−0000000—
Net income−10−7−21−52−110−11−24−29−37−21−903−33−28−17−17−23
Diluted EPS−$1.57−$0.58−$1220.00−$126.00−$4944.00−$21.80−$31.60−$517.60−$25.60−$259.80−$41.00$0.03−$7.01−$6.64−$3.66−$5.08−$3.42
Diluted shares (average)——————————2m5m5m4m5m6m7m
EBITDA−6−6−22−41−111−7−16−7−27−10−357−26−26−16−15−16

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 Xwell, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Xwell, Inc.