Brand Engagement Network, Inc. (BNAI) Income Statement
BNAI 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsBNAI revenue and net income
Where BNAI's revenue goes
2025Each bar shows an amount and its share of revenue. BNAI kept −3,135.2% of revenue as net income.
BNAI profit margins
BNAI growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +175.7% | +160.1% | — | — |
| Gross profit | −7,759.6% | — | — | — |
| 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.
BNAI quarterly EPS vs estimates
Brand Engagement Network beat the analyst EPS estimate in 6 of the last 7 quarters. Next report: November 24, 2026.
BNAI income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $275,120 | $99,790 | $35,210 | $15,642 | $7,410 |
| Cost of revenue | $7.9M | $2.7M | $637,990 | $0 | $0 |
| Gross profit | −$7.6M | $99,790 | $35,210 | $15,642 | $7,410 |
| Research & development | $162,973 | $1.1M | $236,710 | $136,404 | $45,408 |
| Sales, general & admin | $8.9M | $19.2M | $10.8M | $1.0M | $781,772 |
| Total operating expenses | $5.0M | $36.6M | $11.7M | $1.2M | $827,180 |
| Operating income | −$12.6M | −$36.5M | −$11.7M | −$1.2M | −$819,770 |
| Interest income | — | $3,328 | $15,520 | — | — |
| Interest expense | $410,460 | $202,945 | $56,515 | — | — |
| Income before taxes | −$8.6M | −$33.7M | −$11.7M | −$676,038 | −$820,074 |
| Income taxes | — | −$33.7M | −$168,000 | −$549,000 | −$237,000 |
| Net income | −$8.6M | −$33.7M | −$11.7M | −$676,038 | −$820,074 |
| EBITDA | −$4.3M | −$30.8M | −$11.0M | −$599,110 | −$820,074 |
| EPS (diluted) | −$1.49 | −$10.43 | −$8.15 | $0.18 | $0.14 |
| Gross margin | −2,778.2% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating margin | −4,589.3% | −36,550.7% | −33,173.9% | −7,826.6% | −11,063.0% |
| Net margin | −3,135.2% | −33,786.4% | −33,318.0% | −4,321.9% | −11,067.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $160,083 | $104,311 | $200,000 | $60,120 | $10,000 | $1.6M | $50,000 | $0 | $49,790 | $49,790 | $0 | $0 |
| Cost of revenue | $1.1M | $1.1M | — | $974,889 | $939,206 | $956,445 | $972,375 | $682,244 | $117,347 | $117,347 | $209,729 | $220,702 |
| Gross profit | −$938,844 | −$989,746 | — | $60,120 | $10,000 | −$956,445 | $50,000 | −$682,244 | $49,790 | −$67,557 | −$209,729 | −$220,702 |
| Research & development | $5.0M | $26,944 | $148,507 | $3,629 | $10,697 | $368,352 | $153,191 | $355,565 | $250,671 | $250,670 | $75,450 | $76,378 |
| Sales, general & admin | $2.63B | $2.4M | $2.4M | $1.5M | $3.2M | $3.3M | $4.2M | $5.3M | $6.5M | $6.5M | $2.3M | $2.8M |
| Total operating expenses | $2.6M | $2.3M | $3.5M | $2.4M | $4.2M | $18.1M | $5.3M | $6.3M | $6.8M | $324,214 | $2.6M | $3.1M |
| Operating income | −$3.5M | −$3.3M | −$3.3M | −$2.3M | −$4.2M | −$18.1M | −$5.3M | −$6.3M | −$6.8M | −$324,210 | −$2.6M | −$3.1M |
| Interest income | — | — | — | — | $2 | $4 | $92 | $114 | $3,118 | $3,118 | $0 | $0 |
| Interest expense | $14,693 | $57,607 | $220,388 | $43,421 | $125,044 | $140,437 | $18,055 | $19,403 | $25,050 | $25,050 | $34,507 | $20,885 |
| Income before taxes | −$3.4M | −$3.0M | −$3.4M | −$2.5M | −$3.6M | −$18.0M | −$5.8M | −$3.0M | −$6.9M | −$7.1M | −$2.6M | −$3.1M |
| Income taxes | $10,000 | $46,989 | — | — | — | −$3 | — | −$4 | $3 | −$43,812 | $39,586 | −$228,000 |
| Net income | −$3.4M | −$3.1M | −$3.4M | −$2.5M | −$3.6M | −$18.0M | −$5.8M | −$3.0M | −$6.9M | −$7.1M | −$2.6M | −$3.1M |
| EBITDA | −$2.5M | −$1.9M | −$2.1M | −$1.4M | −$2.5M | −$16.9M | −$4.8M | −$2.3M | −$6.7M | −$7.1M | −$2.3M | −$2.9M |
| EPS (diluted) | −$0.49 | −$0.51 | — | −$0.60 | −$0.09 | −$5.20 | −$1.60 | −$0.90 | −$2.73 | −$7.26 | −$1.28 | −$0.21 |
| Gross margin | −586.5% | −948.8% | — | 100.0% | 100.0% | −59.8% | 100.0% | — | 100.0% | −135.7% | — | — |
| Operating margin | −2,205.7% | −3,196.2% | −1,665.1% | −3,853.3% | −41,540.9% | −1,130.3% | −10,559.0% | — | −13,654.9% | −651.2% | — | — |
| Net margin | −2,101.0% | −2,934.5% | −1,719.2% | −4,128.4% | −36,102.3% | −1,123.1% | −11,646.2% | — | −13,826.9% | −14,283.6% | — | — |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in BNAI's financial statements (latest annual report filed April 16, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
BNAI financial results
In fiscal year 2025 (ended December 31, 2025), Brand Engagement Network reported revenue of $0.3 million, up 175.7% from the year before. It had a net loss of $8.6 million, a net profit margin of −3,135.2%. Diluted earnings per share came to −$1.49.
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BNAI income statement FAQ
What is Brand Engagement Network's annual revenue?
Brand Engagement Network reported total revenue of $0.3 million for fiscal year 2025, which ended on December 31, 2025. That was up 175.7% from $0.1 million the previous year.
Is Brand Engagement Network profitable?
No. Brand Engagement Network reported a net loss of $8.6 million in fiscal 2025, a net profit margin of −3,135.2%; its operating margin was −4,589.3%.
What is Brand Engagement Network's gross margin?
Brand Engagement Network's gross margin was −2,778.2% in fiscal 2025: for every $100 of revenue, Brand Engagement Network kept $-2778 after the direct cost of its products and services.
How much does Brand Engagement Network spend on research and development?
Brand Engagement Network spent $0.2 million on research and development in fiscal 2025, 59.2% of revenue.
What are Brand Engagement Network's earnings per share?
Brand Engagement Network earned $-1.49 per diluted share in fiscal 2025, compared with $-10.43 a year earlier.
When will Brand Engagement Network report its next earnings?
Brand Engagement Network is expected to report results for the quarter ending September 30, 2026 on November 24, 2026.
When does Brand Engagement Network's fiscal year end?
Brand Engagement Network's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 16, 2026.