Sphere 3D Corp. Income Statement
ANY|7 years of annual SEC 10-K data (FY2017-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 7 fiscal years. All figures from audited SEC 10-K filings.
Sphere 3D Corp. reported $11M in revenue and $21M in net loss for FY2025. Revenue has declined at a 21.4% compound annual rate over the past 8 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score -12.83 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|
| Revenue | $11.2M | $16.6M | $21.9M | $6.1M | $9.0M | $12.6M | $76.4M |
| Cost of Revenue | $8.6M | $13.4M | - | - | $7.4M | - | $50.4M |
| Gross Profit | - | - | $6.0M | $2.7M | $1.7M | $3.1M | $22.3M |
| SG&A Expense | $8.3M | $12.4M | $15.8M | $24.1M | $7.5M | $9.7M | $20.7M |
| R&D Expense | - | $0 | $1.0M | $605.0K | $3.4M | $5.9M | $8.8M |
| Operating Income | -$22.0M | -$21.4M | -$30.0M | -$157.7M | -$12.6M | -$18.1M | -$63.8M |
| Interest Expense | - | $0 | $1.0M | $0 | $0 | - | $2.0M |
| Income Tax | $2.0K | $150.0K | $13.0K | $166.0K | $0 | -$852.0K | $825.0K |
| Net Income | -$21.5M | -$9.5M | -$23.3M | -$192.8M | -$26.2M | -$26.2M | -$68.5M |
| EPS (Basic) | -$4.78 | -$1.93 | -$20.36 | -$0.58 | - | - | - |
| EPS (Diluted) | -$4.78 | -$1.93 | -$20.36 | -$0.58 | -$15.80 | -$42.08 | -$34.42 |
| Shares Outstanding | 2.5M | 15.4M | 9.8M | 63.6M | 889.5K | 889.5K | 2.7M |
| Gross Margin | - | - | 27.2% | 43.8% | 18.6% | 25.0% | 29.2% |
| Operating Margin | -196.8% | -128.9% | -136.9% | -2594.3% | -139.8% | -143.4% | -83.5% |
| Profit Margin | -192.1% | -57.0% | -106.5% | -3172.6% | -290.2% | -207.8% | -89.6% |