Dogness (International) Corporation (DOGZ) AI Stock Analysis
DOGZ AI stock analysis summary
AI ResearchDogness (International) Corporation designs and manufactures pet accessories and smart pet care solutions globally. The company generated $15.9M in trailing twelve months revenue, recording a net margin of -173.9% and an operating margin of -32.6%. Its shares closed at $0.75 on October 16, 2026, marking a 1-year return of -94.8%.
- Market cap
- $13.2M
- Revenue (TTM)
- $15.9M
- P/E
- — fwd 6.8x
- 1Y return
- -94.8% S&P 500 16.8%
- Avg. target
- —
Bull case
- Dogness trades at a forward P/E of 6.8x, which is lower than the peer group median of 14.1x.
- Quarterly earnings growth for the latest quarter increased by 178.6% year-over-year.
- The balance sheet maintains a low debt-to-equity ratio of 0.20 with shareholders' equity of $75.0M.
Bear case
- The company generated a net loss of -$27.6M on revenue of $15.9M in FY2026.
- Gross margin deteriorated to -0.7% in FY2026 alongside an operating margin of -44.1%.
- Free cash flow remained negative in FY2026 at -$7.9M, following operating cash flow of -$2.3M.
What Dogness does
Dogness (International) Corporation, headquartered in Dongguan, the People's Republic of China, operates through its subsidiaries to design, manufacture, and distribute stylish products for dogs and cats worldwide. Founded in 2003, its product lineup features traditional accessories such as collars, harnesses, leashes, retractable leashes, lanyards, suspenders, ribbons, and textile goods. It also provides smart pet technology and care products, including app-controlled feeders, water fountains, interactive smart toys, and pet shampoos. The company distributes its products across international markets to a customer base composed of global wholesalers and retailers.
Growth and profitability
Dogness saw annual revenue drop from $27.1M in FY2022 to $15.9M in FY2026, delivering a 5-year revenue CAGR of -8.2%. FY2026 revenue fell 23.3% year-over-year, while gross margin turned negative to -0.7% from 24.3% in FY2025. Operating margin worsened from -31.7% in FY2025 to -44.1% in FY2026, leading to an annual net loss of -$27.6M compared to -$5.1M in the prior year. In the trailing twelve months ended September 30, 2026, revenue stood at $15.9M with an EPS of -$1.55. For the latest quarter, quarterly revenue fell 5.2% year-over-year, while quarterly earnings growth was 178.6%.
Balance sheet and cash flow
As of September 30, 2026, Dogness held $4.8M in cash and short-term investments against $15.3M in total debt, resulting in net debt of $10.5M. Total assets stood at $94.1M and shareholders' equity was $75.0M, supporting a current ratio of 1.12 and a debt-to-equity ratio of 0.20. In FY2026, operating cash flow was -$2.3M and capital expenditures totaled $5.6M, which led to free cash flow of -$7.9M. The company's share count change over 5 years was -56.5%.
Valuation and performance
At a share price of $0.75, Dogness has a market capitalization of $13.2M and an enterprise value of $24.7M. The stock trades at a forward P/E of 6.8x, compared to 14.1x for the median of its US-listed Consumer Cyclical peers. Its EV to EBITDA multiple is 5.0x, below the peer group median of 11.1x, while its price-to-sales multiple is 0.8x versus the peer median of 0.7x. Over the past year, the stock returned -94.8%, lagging the 16.8% return of the S&P 500 (SPY). Over a 5-year span, DOGZ returned -98.9% compared to 83.0% for the S&P 500.
What analysts expect
Dogness recorded 0 EPS beats over the last 4 quarters. The company's next scheduled earnings date is October 16, 2026. Company insiders hold 48.2% of the shares, while institutional investors own 1.2%, and the short interest represents 0.3% of the float.
Key risks and what to watch
- Annual revenue has contracted at an 5-year CAGR of -8.2% from FY2021 to FY2026.
- The stock has shown extreme price volatility with a beta of 2.32 and a 1-year return of -94.8%.
- Cash reserves of $4.8M are exceeded by total debt of $15.3M as of September 30, 2026.
- The trailing twelve months profit margin stands at -173.9%, highlighting ongoing operating deficits.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this DOGZ AI stock analysis
This page is an AI-written research summary of Dogness (International) Corporation (DOGZ). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: DOGZ income statement, DOGZ balance sheet, DOGZ key metrics, DOGZ chart. See the DOGZ stock overview for the latest quote and news.
DOGZ AI stock analysis FAQ
What products does Dogness (International) Corporation manufacture?
The company designs and manufactures pet leashes, collars, harnesses, retractable leashes, ribbons, and textile items. It also produces smart pet solutions including app-controlled feeders, water fountains, and smart toys.
Does Dogness pay a dividend?
No dividend payments or yields are reported for Dogness (International) Corporation.
What was Dogness's revenue and net income in FY2026?
In FY2026, Dogness generated $15.9M in revenue, down 23.3% from the prior year, and reported a net income of -$27.6M.
How much cash and debt does Dogness hold?
As of September 30, 2026, Dogness had $4.8M in cash and short-term investments, $15.3M in total debt, and net debt of $10.5M.