AquaBounty Technologies, Inc. (AQB) Income Statement
AQB 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsAQB revenue and net income
AQB profit margins
AQB growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| 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.
AQB quarterly EPS vs estimates
AquaBounty Technologies beat the analyst EPS estimate in 2 of the last 7 quarters. Next report: October 27, 2026.
AQB income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $2.5M | $3.1M | $1.2M | $127,663 | $186,738 | $84,518 | $53,278 | $0 |
| Cost of revenue | — | $904,136 | $15.3M | $13.6M | $10.8M | $6.7M | $3.6M | $921,542 | $235,723 | $153,996 |
| Gross profit | — | −$904,136 | −$15.3M | −$10.5M | −$9.6M | −$6.6M | −$3.4M | $6,363 | $2,501 | −$154,000 |
| Research & development | $0 | $203,296 | $506,243 | $903,981 | $2.1M | $2.4M | $2.4M | $3.5M | $3.4M | $3.4M |
| Sales, general & admin | $4.0M | $9.2M | $12.5M | $10.9M | $10.4M | $7.3M | $7.4M | $4.4M | $4.7M | $4.6M |
| Total operating expenses | $4.0M | $9.6M | −$1.6M | $11.8M | $12.5M | $9.7M | $9.8M | $10.4M | $9.2M | $8.1M |
| Operating income | −$4.0M | −$9.6M | −$13.7M | −$22.3M | −$22.1M | −$16.2M | −$13.2M | −$10.4M | −$9.2M | −$8.1M |
| Interest income | — | — | — | — | — | — | $49,000 | $29,500 | $27,490 | — |
| Interest expense | $206,052 | $2.3M | $303,967 | $291,177 | $316,442 | $152,367 | $62,988 | $22,257 | $21,537 | $402,554 |
| Income before taxes | −$2.2M | −$11.4M | −$13.8M | −$22.2M | −$22.3M | −$16.4M | −$13.2M | −$10.4M | −$9.3M | −$8.5M |
| Income taxes | — | — | −$1 | −$166,000 | $432,061 | $152,579 | $76,978 | $5,994 | $15,585 | $396,640 |
| Net income | −$18.5M | −$149.2M | −$27.6M | −$22.2M | −$22.3M | −$16.4M | −$13.2M | −$10.4M | −$9.3M | −$8.5M |
| EBITDA | −$2.0M | −$8.7M | −$11.4M | −$19.8M | −$20.2M | −$14.8M | −$11.9M | −$9.5M | −$9.1M | −$7.9M |
| EPS (diluted) | −$4.77 | −$38.62 | −$7.39 | −$4.68 | −$4.69 | −$4.25 | −$13.40 | −$9.18 | −$1.06 | −$31.01 |
| Gross margin | — | — | −617.9% | −334.5% | −818.1% | −5,132.5% | −1,813.8% | 7.5% | 4.7% | — |
| Operating margin | — | — | −552.8% | −711.6% | −1,883.0% | −12,727.1% | −7,057.3% | −12,264.8% | −17,328.0% | — |
| Net margin | — | — | −1,114.4% | −706.3% | −1,900.1% | −12,846.3% | −7,083.5% | −12,283.8% | −17,378.7% | — |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $47,812 | $180,182 | $553,250 | $553,250 | $733,133 |
| Cost of revenue | — | — | — | — | — | — | $7.3M | $425,057 | $1.6M | $4.5M | $3.8M | $4.1M |
| Gross profit | — | — | — | — | — | — | −$705,262 | −$425,057 | −$1.6M | −$4.5M | −$3.3M | −$3.4M |
| Research & development | — | — | $0 | $0 | $0 | $0 | $33,088 | $70,300 | $76,766 | $73,850 | $218,291 | $184,221 |
| Sales, general & admin | $799,258 | $621.6M | $32.7M | $1.4M | $1.8M | $1.6M | $1.3M | $1.5M | $3.2M | $2.4M | $4.8M | $2.5M |
| Total operating expenses | $799,258 | $621,566 | −$2.0M | $1.4M | $1.8M | $1.3M | −$5.3M | $1.2M | $27.9M | −$1.9M | $8.9M | $2.7M |
| Operating income | −$799,258 | −$621,566 | $2.0M | −$1.4M | −$1.8M | −$1.3M | $4.6M | −$1.6M | −$29.6M | −$2.5M | −$8.3M | −$6.1M |
| Interest expense | $529,491 | $299,985 | $206.3M | $0 | $90,585 | $133,650 | $55,529 | $1.0M | $989,976 | $208,563 | $108,158 | $63,746 |
| Income before taxes | −$1.3M | −$924,801 | $2.0M | −$1.5M | −$3.4M | $609,764 | −$48.7M | −$2.6M | −$30.5M | −$2.7M | −$8.4M | −$6.1M |
| Income taxes | — | — | — | — | — | — | $7 | −$145,775 | −$3 | −$4 | — | −$541,000 |
| Net income | −$1.6M | −$1.2M | −$14.1M | −$1.4M | −$3.4M | $401,135 | −$84.1M | −$3.4M | −$50.5M | −$11.2M | −$8.4M | −$6.1M |
| EBITDA | −$802,974 | −$624,816 | $955,499 | −$1.5M | $1.22B | $969,448 | −$48.6M | −$1.5M | −$29.4M | −$2.0M | — | −$5.5M |
| EPS (diluted) | −$0.26 | — | — | −$0.38 | −$0.87 | $0.16 | — | −$0.88 | −$1.57 | −$1.79 | −$2.19 | −$1.60 |
| Gross margin | — | — | — | — | — | — | — | −889.0% | −910.8% | −809.1% | −593.3% | −458.7% |
| Operating margin | — | — | — | — | — | — | — | −3,380.5% | −16,405.6% | −456.7% | −1,503.3% | −828.5% |
| Net margin | — | — | — | — | — | — | — | −7,120.2% | −28,035.1% | −2,016.9% | −1,522.8% | −837.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in AQB's financial statements (latest annual report filed March 31, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
AQB financial results
AquaBounty Technologies reported no revenue in fiscal year 2025 (ended December 31, 2025). It had a net loss of $18.5 million. Diluted earnings per share came to −$4.77.
See the AQB stock overview for the latest quote and news, or the AQB chart for price history and technical indicators.
AQB income statement FAQ
Does AquaBounty Technologies have revenue?
AquaBounty Technologies reported no revenue for fiscal year 2025, which ended on December 31, 2025.
Is AquaBounty Technologies profitable?
No. AquaBounty Technologies reported a net loss of $18.5 million in fiscal 2025.
What are AquaBounty Technologies's earnings per share?
AquaBounty Technologies earned $-4.77 per diluted share in fiscal 2025, compared with $-38.62 a year earlier.
When will AquaBounty Technologies report its next earnings?
AquaBounty Technologies is expected to report results for the quarter ending September 30, 2026 on October 27, 2026.
When does AquaBounty Technologies's fiscal year end?
AquaBounty Technologies's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 31, 2026.