Core AI Holdings (CHAI) Income Statement
CHAI 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsCHAI revenue and net income
Where CHAI's revenue goes
2025Each bar shows an amount and its share of revenue. CHAI kept −57.2% of revenue as net income.
CHAI profit margins
CHAI growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +58.6% | +104.3% | +55.9% | +22.7% |
| Gross profit | −120.3% | — | — | — |
| 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.
CHAI quarterly EPS vs estimates
Next report: November 13, 2026.
CHAI income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $55.2M | $34.8M | $8.2M | $6.5M | $7.5M | $6.0M | $9.8M | $11.0M | $14.1M | $9.2M |
| Cost of revenue | $55.5M | $33.3M | $5.6M | $5.1M | $5.7M | $4.4M | $7.1M | $9.4M | $11.0M | $7.0M |
| Gross profit | −$302,662 | $1.5M | $2.7M | $1.4M | $1.9M | $1.6M | $2.7M | $1.6M | $3.1M | $2.2M |
| Research & development | $325,513 | $625,023 | $578,356 | $339,828 | $846,242 | $560,236 | $757,404 | $2.3M | $249,000 | $251,000 |
| Sales, general & admin | $6.2M | $526,082 | $11.8M | $15.0M | $10.8M | $7.1M | $7.0M | $3.1M | $5.8M | $3.1M |
| Total operating expenses | $6.7M | $1.9M | $13.2M | $18.0M | $22.2M | $12.3M | $9.3M | $9.4M | $6.0M | $3.3M |
| Operating income | −$7.0M | −$362,943 | −$10.5M | −$16.6M | −$20.4M | −$10.7M | −$6.6M | −$7.8M | −$2.9M | −$1.1M |
| Interest income | $1,861 | $4,327 | — | — | — | — | — | — | — | — |
| Interest expense | $15,617 | $3.5M | $136,837 | $122,519 | $1.9M | $1.8M | $956,263 | $753,257 | $130,496 | $143,337 |
| Income before taxes | −$7.2M | −$370,255 | −$12.9M | −$15.3M | −$23.6M | −$13.6M | −$7.7M | −$8.9M | −$4.0M | −$1.6M |
| Income taxes | $8,406 | $2,065 | — | −$5.4M | $1.7M | $2.2M | $954,468 | $2.5M | −$27,037 | — |
| Net income | −$31.6M | −$372,320 | −$12.9M | −$15.3M | −$23.6M | −$13.6M | −$7.7M | −$8.9M | −$4.0M | −$1.6M |
| EBITDA | −$7.0M | −$362,018 | −$11.0M | −$14.0M | −$20.7M | −$10.5M | −$5.5M | −$7.6M | −$3.7M | −$1.3M |
| EPS (diluted) | −$82.31 | −$0.02 | −$910.69 | −$1485.36 | −$4.73 | — | — | — | — | — |
| Gross margin | −0.5% | 4.3% | 32.3% | 21.4% | 24.8% | 26.4% | 27.4% | 14.5% | 21.8% | 23.8% |
| Operating margin | −12.7% | −1.0% | −127.8% | −255.8% | −270.0% | −179.0% | −66.9% | −70.9% | −20.8% | −11.7% |
| Net margin | −57.2% | −1.1% | −157.1% | −236.0% | −313.1% | −226.9% | −78.0% | −81.0% | −28.5% | −17.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Sep '23 | Jun '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $22.4M | $3.8M | $2.0M | $3.7M | $1.9M | $14.5M | $24.7M | $5.9M | $1.9M | $2.4M | $1.8M | $2.7M |
| Cost of revenue | $22.4M | $6.8M | $1.7M | $2.9M | $1.0M | $14.7M | $26.0M | $4.2M | $1.7M | $1.5M | $1.4M | $1.9M |
| Gross profit | −$11,245 | −$3.1M | $297,779 | $740,413 | $867,557 | −$228,342 | −$1.3M | $1.7M | $196,968 | $863,879 | $490,390 | $804,717 |
| Research & development | — | $78,969 | $165,000 | $1.3M | $405,254 | $62,086 | $329,753 | $294,753 | — | $35,000 | $87,652 | $31,465 |
| Sales, general & admin | $1.6M | $208,321 | $2.9M | $3.9M | $3.2M | $134,880 | $10.8M | $4.8M | $4.1M | $2.5M | $2.4M | $3.0M |
| Total operating expenses | $1.6M | $508,845 | $3.6M | $5.7M | $3.8M | −$170,279 | $14.9M | $5.5M | $4.5M | $2.9M | $2.7M | $3.5M |
| Operating income | −$1.6M | −$3.6M | −$3.3M | −$5.0M | −$2.9M | −$58,063 | $9.8M | −$3.8M | −$4.3M | −$2.0M | −$2.2M | −$2.7M |
| Interest income | — | $16 | — | — | — | $0 | — | — | — | — | — | — |
| Interest expense | — | $1,985 | $646,242 | $132,271 | $27,804 | $1.1M | — | $527,962 | $942,283 | $779,756 | $33,684 | $41,251 |
| Income before taxes | −$1.6M | −$3.6M | −$3.8M | −$5.4M | −$3.9M | −$100,257 | $16.0M | −$626,780 | −$12.9M | −$2.8M | −$1.9M | −$2.3M |
| Income taxes | — | $8,406 | — | — | — | $2,065 | — | — | — | $2 | $439,092 | — |
| Net income | −$1.6M | −$3.6M | −$3.8M | −$5.4M | −$3.9M | −$100,257 | $16.0M | −$626,329 | −$12.9M | −$2.8M | −$1.9M | −$2.3M |
| EBITDA | −$1.6M | −$3.6M | −$2.7M | −$4.8M | −$3.4M | −$99,913 | — | $325,575 | −$11.5M | −$1.6M | −$1.4M | −$1.8M |
| EPS (diluted) | −$0.08 | −$0.22 | — | −$1.74 | −$2.48 | −$2.35 | — | −$15.86 | −$4746.19 | −$3530.22 | −$1.04 | −$0.03 |
| Gross margin | −0.1% | −81.5% | 14.6% | 20.1% | 46.2% | −1.6% | −5.2% | 29.0% | 10.4% | 36.6% | 26.6% | 29.7% |
| Operating margin | −7.4% | −95.0% | −160.6% | −135.2% | −156.5% | −0.4% | 39.5% | −64.9% | −227.8% | −86.9% | −120.8% | −99.3% |
| Net margin | −7.3% | −96.3% | −187.2% | −145.7% | −205.9% | −0.7% | 64.6% | −10.7% | −683.5% | −118.6% | −100.7% | −86.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CHAI's financial statements (latest annual report filed May 15, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CHAI financial results
In fiscal year 2025 (ended December 31, 2025), Core AI reported revenue of $55.2 million, up 58.6% from the year before. It had a net loss of $31.6 million, a net profit margin of −57.2%. Diluted earnings per share came to −$82.31. Over five years revenue grew at an average rate of 55.9% a year.
See the CHAI stock overview for the latest quote and news, or the CHAI chart for price history and technical indicators.
CHAI income statement FAQ
What is Core AI's annual revenue?
Core AI reported total revenue of $55.2 million for fiscal year 2025, which ended on December 31, 2025. That was up 58.6% from $34.8 million the previous year.
Is Core AI profitable?
No. Core AI reported a net loss of $31.6 million in fiscal 2025, a net profit margin of −57.2%; its operating margin was −12.7%.
What is Core AI's gross margin?
Core AI's gross margin was −0.5% in fiscal 2025: for every $100 of revenue, Core AI kept $-1 after the direct cost of its products and services.
How much does Core AI spend on research and development?
Core AI spent $0.3 million on research and development in fiscal 2025, 0.6% of revenue.
How fast is Core AI growing?
Revenue grew 55.9% a year on average over the last five fiscal years, from $6.0 million to $55.2 million.
What are Core AI's earnings per share?
Core AI earned $-82.31 per diluted share in fiscal 2025, compared with $-0.02 a year earlier.
When will Core AI report its next earnings?
Core AI is expected to report results for the quarter ending September 30, 2026 on November 13, 2026.
When does Core AI's fiscal year end?
Core AI's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on May 15, 2026.