Zepp Health Corp income statement
In fiscal 2025, Zepp Health Corp reported revenue of $259m, up 41.8% on the year before, operating income of −$29.2m (a -11.3% margin) and net income of −$40.1m, or −$2.56 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 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 143 | 235 | 315 | 530 | 835 | 986 | 981 | 614 | 353 | 183 | 259 |
| Cost of revenue | — | — | 239 | 394 | 624 | 782 | 776 | 495 | 261 | 112 | 160 |
| Gross profit | 18 | 42 | 76 | 137 | 211 | 204 | 205 | 119 | 92 | 70 | 99 |
| Research and development | — | — | 24 | 38 | 62 | 82 | 81 | 77 | 52 | 46 | 45 |
| Selling and marketing | — | — | 7 | 14 | 26 | 55 | 69 | 68 | 45 | 46 | 54 |
| General and administrative | — | — | 18 | 31 | 36 | 40 | 41 | 35 | 27 | 25 | 29 |
| Operating income | −6 | 2 | 28 | 53 | 87 | 27 | 15 | −62 | −30 | −47 | −29 |
| Interest expense | — | — | — | — | — | — | 7 | 8 | 7 | 6 | 6 |
| Net interest income | — | — | 0 | 2 | 5 | 7 | — | — | — | — | — |
| Income before tax | — | — | 29 | 56 | 94 | 41 | 17 | −56 | −35 | −58 | −35 |
| Income tax | — | — | 4 | 8 | 11 | 5 | 2 | −10 | −2 | 14 | 3 |
| Net income | −6 | 4 | 26 | 49 | 83 | 35 | 22 | −43 | −31 | −76 | −40 |
| Diluted EPS | — | — | — | — | $5.12 | $2.08 | $1.28 | −$2.88 | −$2.08 | −$4.64 | −$2.56 |
| Diluted shares (average) | 9m | 10m | 14m | 14m | 16m | 16m | 17m | 15m | 15m | 16m | 16m |
| EBITDA | −6 | 2 | 29 | 54 | 88 | 31 | 23 | −53 | −23 | −42 | −25 |
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