reAlpha Tech Corp. (AIRE) Income Statement

NASDAQ: AIRERevenue, profits, margins and EPS over 5 years.

AIRE FY2026 at a glance

Fiscal year ended April 30, 2026 · U.S. dollars
Revenue+376.4%
$4.5M
FY2026 · hover or tap a bar for each year
FY2022: $305,377FY2023: $419,412 (+37.3%)FY2024: $182,535 (−56.5%)FY2025: $948,420 (+419.6%)FY2026: $4.5M (+376.4%)
FY2022FY2026
Gross profit
$2.5M
FY2026 · hover or tap a bar for each year
FY2022: $138,184FY2023: $126,208 (−8.7%)FY2024: −$1.5M (−1,256.2%)FY2025: −$2.5MFY2026: $2.5M
FY2022FY2026
Operating income
−$15.8M
FY2026 · hover or tap a bar for each year
FY2022: −$4.8MFY2023: −$4.9MFY2024: −$9.5MFY2025: −$6.7MFY2026: −$15.8M
FY2022FY2026
Net income
−$17.6M
FY2026 · hover or tap a bar for each year
FY2022: −$5.4MFY2023: −$5.5MFY2024: −$1.9MFY2025: −$26.0MFY2026: −$17.6M
FY2022FY2026
EPS (diluted)
−$4.41
FY2026 · hover or tap a bar for each year
FY2022: −$3.16FY2023: −$0.12FY2024: −$0.84FY2025: −$2.16FY2026: −$4.41
FY2022FY2026
Net profit margin+2,354.5 pts
−389.4%
FY2026 · hover or tap a point for each year
FY2022: −1,761.6%FY2023: −1,300.2% (+461.4 pts)FY2024: −1,028.6% (+271.6 pts)FY2025: −2,743.8% (−1,715.2 pts)FY2026: −389.4% (+2,354.5 pts)
FY2022FY2026

AIRE revenue and net income

RevenueNet incomeNet margin (right axis)

Where AIRE's revenue goes

FY2026
Revenue
$4.5M100.0%
Cost of revenue
−$2.1M−45.7%
Gross profit
$2.5M54.3%
Sales, general & admin
−$15.7M−348.1%
Other operating expenses
−$2.5M−55.6%
Operating income
−$15.8M−349.4%
Interest & other expense
−$1.8M−39.9%
Income taxes
−$126,453−2.8%
Net income
−$17.6M−389.4%

Each bar shows an amount and its share of revenue. AIRE kept −389.4% of revenue as net income.

AIRE profit margins

GrossOperatingNet

AIRE growth rates

to FY2026
1 year3 years5 years10 years
Revenue+376.4%+120.9%——
Gross profit—+168.8%——
Operating income————
Net income————
EPS (diluted)————

1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.

AIRE quarterly EPS vs estimates

Reported EPSAnalyst estimate

reAlpha Tech beat the analyst EPS estimate in 4 of the last 7 quarters. Next report: November 11, 2026.

AIRE income statement

reAlpha Tech Corp. annual income statement
FY2026FY2025FY2024FY2023FY2022
Revenue$4.5M$948,420$182,535$419,412$305,377
Cost of revenue$2.1M$3.4M$1.6M$293,204$167,193
Gross profit$2.5M−$2.5M−$1.5M$126,208$138,184
Sales, general & admin$15.7M$5.8M—$4.6M$4.5M
Total operating expenses$18.2M$4.2M$8.0M$5.1M$5.0M
Operating income−$15.8M−$6.7M−$9.5M−$4.9M−$4.8M
Interest income———$64$147
Interest expense$814,727$333,759$106,014$169,776$177,273
Income before taxes−$17.6M−$7.7M−$1.6M−$5.4M−$5.4M
Income taxes$126,453−$54,260$306,429−$163,726−$13,304
Net income−$17.6M−$26.0M−$1.9M−$5.5M−$5.4M
EBITDA−$16.2M−$6.2M−$9.1M−$5.1M−$5.1M
EPS (diluted)−$4.41−$2.16−$0.84−$0.12−$3.16
Gross margin54.3%−261.2%−799.4%30.1%45.3%
Operating margin−349.4%−706.4%−5,208.8%−1,176.3%−1,581.3%
Net margin−389.4%−2,743.8%−1,028.6%−1,300.2%−1,761.6%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in AIRE's financial statements (latest annual report filed March 12, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.

AIRE financial results

In fiscal year 2026 (ended April 30, 2026), reAlpha Tech reported revenue of $4.5 million, up 376.4% from the year before. It had a net loss of $17.6 million, a net profit margin of −389.4%. Diluted earnings per share came to −$4.41.

See the AIRE stock overview for the latest quote and news, or the AIRE chart for price history and technical indicators.

AIRE income statement FAQ

What is reAlpha Tech's annual revenue?

reAlpha Tech reported total revenue of $4.5 million for fiscal year 2026, which ended on April 30, 2026. That was up 376.4% from $0.9 million the previous year.

Is reAlpha Tech profitable?

No. reAlpha Tech reported a net loss of $17.6 million in fiscal 2026, a net profit margin of −389.4%; its operating margin was −349.4%.

What is reAlpha Tech's gross margin?

reAlpha Tech's gross margin was 54.3% in fiscal 2026: for every $100 of revenue, reAlpha Tech kept $54 after the direct cost of its products and services.

What are reAlpha Tech's earnings per share?

reAlpha Tech earned $-4.41 per diluted share in fiscal 2026, compared with $-2.16 a year earlier.

When will reAlpha Tech report its next earnings?

reAlpha Tech is expected to report results for the quarter ending October 31, 2026 on November 11, 2026.

When does reAlpha Tech's fiscal year end?

reAlpha Tech's fiscal year ends in April. The latest annual report covers the year ended April 30, 2026 and was filed on March 12, 2026.

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