Akoustis Technologies, Inc. (AKTS) Income Statement
AKTS 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsAKTS revenue and net income
Where AKTS's revenue goes
2025Each bar shows an amount and its share of revenue. AKTS kept −980.9% of revenue as net income.
AKTS profit margins
AKTS growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +336.9% | — | +29.4% | — |
| Gross profit | +336.9% | — | — | — |
| 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.
AKTS quarterly EPS vs estimates
Akoustis Technologies beat the analyst EPS estimate in 3 of the last 8 quarters. Next report: November 12, 2026 (estimate $-0.47).
AKTS income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.5M | $1.5M | $27.1M | $0 | $15.3M | $1.8M | $1.4M | $1.2M | $16,964 | $254,834 |
| Cost of revenue | $0 | $28.1M | $30.2M | — | $19.5M | $2.4M | $1.0M | $1.0M | $110,084 | $28,749 |
| Gross profit | $6.5M | $1.5M | −$3.1M | — | −$4.1M | −$624,000 | $430,000 | $188,375 | −$93,120 | $226,085 |
| Research & development | $67.5M | $41.0M | $25.9M | $14.3M | $35.7M | $20.5M | $19.2M | $13.3M | $4.4M | $1.8M |
| Sales, general & admin | $12.6M | $11.3M | $7.7M | $5.1M | $20.7M | $10.9M | $8.7M | $8.8M | $6.0M | $2.9M |
| Total operating expenses | $81.2M | $53.5M | $34.8M | $19.8M | $56.4M | $31.4M | $27.9M | $22.1M | $10.0M | $4.4M |
| Operating income | −$74.7M | −$52.0M | −$34.8M | −$19.8M | −$60.6M | −$32.0M | −$27.5M | −$22.3M | −$10.0M | −$4.7M |
| Interest income | $11.0M | $8.1M | $5.4M | $1.6M | — | — | — | — | — | — |
| Interest expense | — | $2.7M | $2.3M | — | $77,000 | $4.6M | $2.9M | $329,422 | — | — |
| Income before taxes | −$63.7M | −$44.0M | −$28.6M | −$17.9M | −$61.0M | −$36.1M | −$29.2M | −$21.7M | −$9.1M | −$5.4M |
| Income taxes | — | $6,000 | −$2.4M | — | −$1.8M | — | $1.6M | $196,850 | −$1.7M | $1.9M |
| Net income | −$63.7M | −$44.0M | −$28.6M | −$17.9M | −$59.2M | −$40.9M | −$30.9M | −$21.7M | −$9.1M | −$5.4M |
| EBITDA | −$61.4M | −$42.4M | −$27.5M | −$17.5M | −$52.8M | −$29.0M | −$25.1M | −$20.6M | −$10.6M | −$3.9M |
| EPS (diluted) | −$16.52 | −$0.84 | −$0.66 | −$0.69 | −$0.59 | −$0.66 | −$0.79 | −$0.76 | −$0.50 | −$0.08 |
| Gross margin | 100.0% | 100.0% | −11.5% | — | −27.0% | −34.9% | 29.8% | 15.6% | −548.9% | 88.7% |
| Operating margin | −1,149.5% | −3,500.3% | −128.3% | — | −394.5% | −1,789.8% | −1,906.9% | −1,844.4% | −58,704.1% | −1,842.0% |
| Net margin | −980.9% | −2,957.6% | −105.6% | — | −385.6% | −2,283.1% | −2,139.9% | −1,799.8% | −53,691.6% | −2,121.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.4M | $3.2M | $1.9M | $1.6M | $1.6M | $1.4M | $933,000 | $9.0M | $7.5M | $7.0M | $7.0M | $8.3M |
| Cost of revenue | $879,000 | $652,000 | $0 | $0 | — | — | $0 | $4.7M | $7.2M | $6.3M | $8.1M | $10.0M |
| Gross profit | $2.5M | $2.6M | $1.9M | $1.6M | — | — | $933,000 | $4.3M | $349,000 | $681,000 | −$1.1M | −$1.7M |
| Research & development | $25.3M | $20.0M | $16.5M | $16.5M | $18.6M | $15.9M | $12.6M | $2.7M | $6.0M | $6.4M | $10.3M | $8.2M |
| Sales, general & admin | $6.4M | $5.3M | $2.5M | $3.1M | $3.7M | $3.3M | $3.9M | $6.9M | $8.9M | $9.3M | $10.2M | $8.1M |
| Total operating expenses | $31.4M | $25.3M | $19.2M | $19.8M | $22.6M | $19.6M | $16.6M | $9.6M | $15.8M | $15.7M | $20.6M | $16.2M |
| Operating income | −$28.9M | −$22.7M | −$17.4M | −$18.2M | −$21.0M | −$18.1M | −$15.6M | −$5.3M | −$22.6M | −$15.0M | −$21.7M | −$17.9M |
| Interest income | $4.8M | $4.4M | $2.2M | $2.7M | $2.9M | $3.2M | $3.6M | — | — | — | — | — |
| Interest expense | — | — | — | — | — | — | — | $713,000 | $745,000 | $679,000 | $485,000 | $367,000 |
| Income before taxes | −$24.1M | −$18.3M | −$15.1M | −$15.5M | −$18.1M | −$15.0M | −$12.1M | −$6.4M | −$23.3M | −$15.7M | −$20.1M | −$17.8M |
| Income taxes | — | — | — | — | — | — | — | $1,000 | $2,000 | $2,000 | $1,000 | −$28,000 |
| Net income | −$24.1M | −$18.3M | −$15.1M | −$15.5M | −$18.1M | −$15.0M | −$12.1M | −$6.4M | −$23.3M | −$15.7M | −$20.1M | −$17.8M |
| EBITDA | −$28.0M | −$17.7M | −$14.4M | −$17.6M | −$20.4M | — | −$11.6M | −$4.0M | −$19.2M | −$11.7M | −$18.5M | −$14.2M |
| EPS (diluted) | −$0.44 | −$0.38 | −$0.28 | −$16.06 | — | — | — | −$0.04 | −$0.14 | −$0.19 | −$0.27 | — |
| Gross margin | 74.0% | 79.8% | 100.0% | 100.0% | — | — | 100.0% | 47.7% | 4.6% | 9.7% | −15.5% | −20.4% |
| Operating margin | −854.0% | −703.6% | −929.1% | −1,152.8% | −1,309.4% | −1,253.8% | −1,675.8% | −59.1% | −301.0% | −214.1% | −309.3% | −215.2% |
| Net margin | −713.5% | −567.9% | −809.5% | −983.7% | −1,129.0% | −1,035.6% | −1,292.2% | −71.1% | −310.4% | −223.9% | −287.5% | −213.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in AKTS's financial statements (latest annual report filed December 31, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
AKTS financial results
In fiscal year 2025 (ended December 31, 2025), Akoustis Technologies reported revenue of $6.5 million, up 336.9% from the year before. It had a net loss of $63.7 million, a net profit margin of −980.9%. Diluted earnings per share came to −$16.52. Over five years revenue grew at an average rate of 29.4% a year.
See the AKTS stock overview for the latest quote and news, or the AKTS chart for price history and technical indicators.
AKTS income statement FAQ
What is Akoustis Technologies's annual revenue?
Akoustis Technologies reported total revenue of $6.5 million for fiscal year 2025, which ended on December 31, 2025. That was up 336.9% from $1.5 million the previous year.
Is Akoustis Technologies profitable?
No. Akoustis Technologies reported a net loss of $63.7 million in fiscal 2025, a net profit margin of −980.9%; its operating margin was −1,149.5%.
What is Akoustis Technologies's gross margin?
Akoustis Technologies's gross margin was 100.0% in fiscal 2025: for every $100 of revenue, Akoustis Technologies kept $100 after the direct cost of its products and services.
How much does Akoustis Technologies spend on research and development?
Akoustis Technologies spent $67.5 million on research and development in fiscal 2025, 1,038.2% of revenue.
How fast is Akoustis Technologies growing?
Revenue grew 29.4% a year on average over the last five fiscal years, from $1.8 million to $6.5 million.
What are Akoustis Technologies's earnings per share?
Akoustis Technologies earned $-16.52 per diluted share in fiscal 2025, compared with $-0.84 a year earlier.
When will Akoustis Technologies report its next earnings?
Akoustis Technologies is expected to report results for the quarter ending September 30, 2026 on November 12, 2026 after the market closes.
When does Akoustis Technologies's fiscal year end?
Akoustis Technologies's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on December 31, 2025.