XWELL, Inc. Income Statement
XWEL|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
XWELL, Inc. reported $34M in revenue and $17M in net loss for FY2025. Revenue has grown at a 43.7% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score -2.34 (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 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $33.9M | $30.1M | $55.9M | $73.7M | $8.4M | $48.5M | $50.1M | $48.8M | $12.0M | $22.7M | $1.4M | $100.0K | $100.0K | $0 | $211.0K |
| Cost of Revenue | $25.0M | $26.4M | $43.9M | $41.4M | $12.0M | $37.9M | $39.5M | $7.6M | $6.7M | $800.0K | $0 | - | - | $1.6M | $180.0K |
| Gross Profit | $8.9M | $3.7M | $12.0M | $32.3M | - | - | - | - | - | - | - | - | - | - | - |
| SG&A Expense | $20.1M | $13.0M | $21.2M | $24.2M | $15.9M | $14.3M | $16.2M | $16.6M | $9.7M | $10.2M | $16.4M | $10.2M | $10.2M | $1.2M | $1.8M |
| R&D Expense | - | - | - | - | - | - | - | - | - | - | - | $543.0K | $543.0K | $0 | $2.5M |
| Operating Income | -$16.7M | -$28.2M | -$31.2M | $4.1M | -$40.1M | -$15.9M | -$34.7M | -$14.7M | -$17.7M | -$10.3M | -$111.2M | -$22.4M | -$22.4M | -$2.7M | -$6.5M |
| Interest Expense | $41.0K | $448.0K | $384.0K | $43.0K | -$1.8M | -$2.9M | $1.8M | $731.0K | $1.7M | $2.6M | $0 | - | - | - | - |
| Income Tax | $49.0K | $35.0K | $55.0K | $56.0K | $7.0K | -$146.0K | -$278.0K | $111.0K | $0 | -$866.0K | $0 | $0 | $0 | $0 | $35.0K |
| Net Income | -$16.9M | -$27.7M | -$32.8M | $3.3M | -$90.5M | -$21.2M | -$37.2M | -$28.8M | -$24.0M | -$11.2M | -$109.7M | -$20.8M | -$2.8M | -$2.8M | -$1.5M |
| EPS (Basic) | -$3.66 | -$6.64 | -$7.01 | $0.03 | -$2.05 | - | - | - | -$1.58 | -$1.09 | -$12.24 | -$0.53 | -$0.53 | -$0.33 | - |
| EPS (Diluted) | -$3.66 | -$6.64 | -$7.01 | $0.03 | -$2.05 | -$12.99 | -$25.60 | -$25.88 | -$1.58 | -$1.09 | -$12.36 | -$0.61 | -$0.61 | -$0.33 | -$3.15 |
| Shares Outstanding | 5.3M | 4.2M | 4.2M | 101.3M | 94.1M | 5.2M | 1.8M | 1.3M | 18.3M | 13.2M | 9.3M | 84.5M | 0 | 0 | 5.4M |
| Gross Margin | 26.3% | 12.2% | 21.5% | 43.9% | - | - | - | - | - | - | - | - | - | - | - |
| Operating Margin | -49.3% | -93.7% | -55.7% | 5.6% | -478.3% | -32.7% | -69.3% | -30.1% | -147.7% | -45.6% | -7803.2% | -22371.0% | -22371.0% | - | -3078.2% |
| Profit Margin | -49.7% | -92.1% | -58.7% | 4.5% | -1079.2% | -43.8% | -74.3% | -59.1% | -200.3% | -49.2% | -7696.6% | -20841.0% | -2754.0% | - | -701.9% |