AXIL Brands, Inc. (AXIL) Income Statement
AXIL FY2025 at a glance
Fiscal year ended November 30, 2025 · U.S. dollarsAXIL revenue and net income
Where AXIL's revenue goes
FY2025Each bar shows an amount and its share of revenue. AXIL kept 3.3% of revenue as net income.
AXIL profit margins
AXIL growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −4.5% | +3.7% | +74.3% | +49.3% |
| Gross profit | −7.7% | +1.7% | +79.6% | +74.4% |
| Operating income | −22.7% | −16.4% | — | — |
| Net income | −57.3% | −22.3% | — | — |
| EPS (diluted) | −20.0% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
AXIL quarterly EPS vs estimates
AXIL Brands beat the analyst EPS estimate in 4 of the last 6 quarters.
AXIL income statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $26.3M | $27.5M | $27.5M | $23.5M | $2.3M | $1.6M | $1.0M | $992,670 | $933,218 | $582,005 |
| Cost of revenue | $7.6M | $7.3M | $7.3M | $5.8M | $843,715 | $636,518 | $480,778 | $582,711 | $606,761 | $368,711 |
| Gross profit | $18.6M | $20.2M | $20.2M | $17.7M | $1.5M | $997,091 | $531,933 | $409,959 | $326,457 | $213,294 |
| Research & development | $7,000 | $0 | — | — | — | — | — | — | — | — |
| Sales, general & admin | $16.6M | $17.7M | $17.7M | $14.4M | $1.7M | $1.3M | $703,052 | — | — | — |
| Total operating expenses | $17.5M | $18.7M | $26.0M | $15.7M | $1.7M | $1.3M | $703,052 | $559,599 | $665,302 | $751,500 |
| Operating income | $1.2M | $1.5M | $1.5M | $2.0M | −$211,400 | −$321,050 | −$171,119 | −$149,640 | −$338,840 | −$538,210 |
| Interest income | $134,718 | $139,813 | $182,225 | $6,469 | $36 | $44 | $104 | — | — | — |
| Interest expense | $3,898 | $4,392 | $4,392 | $2,521 | $6,536 | $6,078 | $1,752 | $471 | $3,812 | $576 |
| Income before taxes | $1.3M | $1.8M | $1.8M | $2.1M | −$182,903 | −$297,755 | −$172,767 | −$149,975 | −$342,539 | −$538,777 |
| Income taxes | $453,828 | −$220,205 | — | $230,913 | — | — | — | −$3 | — | $4 |
| Net income | $854,988 | $2.0M | $2.0M | $1.8M | −$182,903 | −$297,755 | −$172,767 | −$149,975 | −$342,539 | −$538,777 |
| EBITDA | $1.5M | $1.9M | $1.9M | $2.2M | −$170,209 | −$279,995 | −$160,559 | −$143,571 | −$335,698 | −$536,815 |
| EPS (diluted) | $0.16 | $0.20 | $0.11 | −$0.04 | −$0.13 | −$0.03 | −$0.06 | — | — | — |
| Gross margin | 71.0% | 73.4% | 73.4% | 75.3% | 63.9% | 61.0% | 52.5% | 41.3% | 35.0% | 36.6% |
| Operating margin | 4.4% | 5.5% | 5.5% | 8.4% | −9.0% | −19.7% | −16.9% | −15.1% | −36.3% | −92.5% |
| Net margin | 3.3% | 7.3% | 7.3% | 7.8% | −7.8% | −18.2% | −17.1% | −15.1% | −36.7% | −92.6% |
| Aug '26 | May '26 | Feb '26 | Nov '25 | Aug '25 | May '25 | Feb '25 | Nov '24 | Aug '24 | May '24 | Feb '24 | Nov '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.1M | $8.6M | $7.3M | $8.1M | $6.9M | $5.8M | $6.9M | $7.7M | $5.9M | $6.5M | $6.5M | $8.4M |
| Cost of revenue | $1.1M | $2.4M | $2.3M | $2.6M | $2.2M | $1.7M | $2.0M | $2.2M | $1.7M | $1.8M | $1.8M | $2.2M |
| Gross profit | $5.0M | $6.2M | $5.0M | $5.5M | $4.6M | $4.0M | $5.0M | $5.5M | $4.2M | $4.7M | $4.6M | $6.3M |
| Research & development | $459,631 | $7,000 | — | — | — | — | — | — | — | — | — | — |
| Sales, general & admin | $3.8M | $3.3M | $3.8M | $4.3M | $4.0M | $3.8M | $4.2M | $4.5M | $4.1M | $4.2M | $4.5M | $5.0M |
| Total operating expenses | $4.6M | $4.7M | $4.8M | $4.6M | $4.2M | $4.0M | $4.4M | $4.8M | $4.3M | $4.5M | $4.7M | $5.0M |
| Operating income | $437,027 | $1.4M | $214,239 | $903,071 | $411,738 | $46,087 | $583,109 | $672,871 | −$140,702 | $169,590 | −$103,880 | $1.3M |
| Interest income | — | $31,922 | $32,732 | $32,485 | $37,579 | $39,651 | $44,191 | $27,340 | $28,631 | $52,992 | $52,915 | $37,825 |
| Interest expense | — | $1,435 | $1,435 | $1,304 | $1,283 | $1,331 | $1,271 | $1,296 | $0 | $387 | $1,495 | $1,640 |
| Income before taxes | $520,161 | $1.5M | $267,352 | $937,998 | $449,352 | $87,918 | $629,747 | $700,956 | −$109,805 | $226,365 | −$46,345 | $1.4M |
| Income taxes | $99,590 | $27,831 | $64,306 | $233,115 | $115,058 | $333,493 | $53,085 | $67,250 | — | $176,849 | −$827,436 | $364,393 |
| Net income | $421,592 | $1.5M | $203,046 | $704,883 | $334,294 | −$245,575 | $576,662 | $633,706 | −$109,805 | $49,516 | $781,091 | $1.0M |
| EBITDA | $585,699 | $1.5M | $268,609 | $970,585 | $473,825 | $144,746 | $676,684 | $736,691 | −$96,906 | $273,338 | −$17,242 | $1.4M |
| EPS (diluted) | $0.05 | $0.18 | $0.02 | $0.09 | $0.04 | −$0.04 | $0.07 | $0.08 | −$0.02 | $0.10 | $0.04 | $0.05 |
| Gross margin | 82.6% | 72.0% | 69.1% | 68.1% | 67.6% | 70.0% | 71.7% | 71.1% | 71.0% | 71.7% | 71.5% | 74.3% |
| Operating margin | 7.2% | 16.9% | 2.9% | 11.1% | 6.0% | 0.8% | 8.4% | 8.7% | −2.4% | 2.6% | −1.6% | 15.0% |
| Net margin | 6.9% | 17.0% | 2.8% | 8.7% | 4.9% | −4.3% | 8.3% | 8.2% | −1.9% | 0.8% | 12.1% | 12.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in AXIL's financial statements (latest annual report filed August 21, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
AXIL financial results
In fiscal year 2025 (ended November 30, 2025), AXIL Brands reported revenue of $26.3 million, down 4.5% from the year before. It had net income of $0.9 million (down 57.3%), a net profit margin of 3.3%. Diluted earnings per share came to $0.16. Over five years revenue grew at an average rate of 74.3% a year.
See the AXIL stock overview for the latest quote and news, or the AXIL chart for price history and technical indicators.
AXIL income statement FAQ
What is AXIL Brands's annual revenue?
AXIL Brands reported total revenue of $26.3 million for fiscal year 2025, which ended on November 30, 2025. That was down 4.5% from $27.5 million the previous year.
Is AXIL Brands profitable?
Yes. AXIL Brands reported net income of $0.9 million in fiscal 2025, a net profit margin of 3.3%; its operating margin was 4.4%.
What is AXIL Brands's gross margin?
AXIL Brands's gross margin was 71.0% in fiscal 2025: for every $100 of revenue, AXIL Brands kept $71 after the direct cost of its products and services.
How much does AXIL Brands spend on research and development?
AXIL Brands spent $0.0 million on research and development in fiscal 2025, 0.0% of revenue.
How fast is AXIL Brands growing?
Revenue grew 74.3% a year on average over the last five fiscal years, from $1.6 million to $26.3 million.
What are AXIL Brands's earnings per share?
AXIL Brands earned $0.16 per diluted share in fiscal 2025, compared with $0.20 a year earlier.
When does AXIL Brands's fiscal year end?
AXIL Brands's fiscal year ends in November. The latest annual report covers the year ended November 30, 2025 and was filed on August 21, 2025.