CMB.TECH NV (CMBT) Income Statement
CMBT 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsCMBT revenue and net income
Where CMBT's revenue goes
2025Each bar shows an amount and its share of revenue. CMBT kept 9.6% of revenue as net income.
CMBT profit margins
CMBT growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +77.2% | — | — | — |
| Gross profit | −14.3% | — | — | — |
| Operating income | −63.1% | — | — | — |
| Net income | −81.5% | — | — | — |
| EPS (diluted) | −102.5% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CMBT quarterly EPS vs estimates
CMB.TECH beat the analyst EPS estimate in 3 of the last 8 quarters. Next report: November 25, 2026.
CMBT income statement
| 2025 | 2024 | |
|---|---|---|
| Revenue | $1.67B | $940.2M |
| Cost of revenue | $1.18B | $377.8M |
| Gross profit | $482.2M | $562.4M |
| Sales, general & admin | $139.8M | $75.9M |
| Total operating expenses | $112.2M | −$440.0M |
| Operating income | $369.9M | $1.00B |
| Interest income | $6.5M | $15.9M |
| Interest expense | $378.8M | $145.8M |
| Income before taxes | $149.3M | $872.7M |
| Income taxes | $10.2M | $1.9M |
| Net income | $160.7M | $870.8M |
| EBITDA | $916.1M | $535.3M |
| EPS (diluted) | −$0.03 | $1.21 |
| Gross margin | 28.9% | 59.8% |
| Operating margin | 22.2% | 106.6% |
| Net margin | 9.6% | 92.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $691.4M | $519.6M | $589.0M | $454.2M | $387.8M | $235.0M | $226.0M | $221.8M | $250.7M | $239.0M |
| Cost of revenue | $378.7M | $340.5M | $374.9M | $229.6M | $307.3M | $163.0M | $141.0M | $133.4M | $140.9M | $127.1M |
| Gross profit | $312.7M | $179.1M | $214.0M | $224.7M | $80.5M | $72.0M | $85.0M | $88.5M | $109.8M | $111.8M |
| Sales, general & admin | $30.8M | $27.8M | $49.3M | $35.5M | $33.5M | $22.8M | $22.7M | $17.6M | $18.6M | $17.8M |
| Total operating expenses | $30.2M | $7.5M | $50.0M | $95.5M | $20.5M | −$30.7M | −$52.9M | −$48.7M | −$12.1M | $17.6M |
| Operating income | $282.5M | $171.7M | $164.0M | $129.2M | $60.0M | $102.8M | $137.9M | $137.1M | $217.5M | $94.2M |
| Interest income | $8.9M | $12.2M | $18.3M | $18.0M | $19.5M | $6.2M | $14.6M | $17.2M | $8.1M | $15.3M |
| Interest expense | $83.6M | $93.9M | $60.3M | $156.1M | $143.0M | $70.5M | $53.6M | $45.3M | $38.6M | $30.8M |
| Income before taxes | $358.7M | $370.0M | $95.5M | $18.2M | −$2.9M | $38.5M | $89.4M | $99.3M | $186.0M | $491.6M |
| Income taxes | $792,667 | $1.2M | $6.5M | $868,000 | $4.7M | −$1.9M | −$3.7M | $1.2M | $4.6M | −$206,782 |
| Net income | $357.9M | $368.8M | $89.1M | $19.9M | $7.8M | $44.0M | $93.1M | $98.1M | $183.4M | $495.2M |
| EBITDA | $391.9M | $463.9M | $270.4M | $198.7M | $228.2M | $164.6M | $165.1M | $199.6M | $265.8M | $562.2M |
| EPS (diluted) | $1.26 | $0.35 | $0.31 | −$0.09 | −$0.24 | −$0.01 | $0.11 | $0.19 | $0.47 | $0.44 |
| Gross margin | 45.2% | 34.5% | 36.3% | 49.5% | 20.8% | 30.6% | 37.6% | 39.9% | 43.8% | 46.8% |
| Operating margin | 40.9% | 33.0% | 27.9% | 28.4% | 15.5% | 43.7% | 61.0% | 61.8% | 86.7% | 39.4% |
| Net margin | 51.8% | 71.0% | 15.1% | 4.4% | 2.0% | 18.7% | 41.2% | 44.2% | 73.2% | 207.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CMBT's financial statements (latest annual report filed April 21, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CMBT financial results
In fiscal year 2025 (ended December 31, 2025), CMB.TECH reported revenue of $1.7 billion, up 77.2% from the year before. It had net income of $160.7 million (down 81.5%), a net profit margin of 9.6%. Diluted earnings per share came to −$0.03.
See the CMBT stock overview for the latest quote and news, or the CMBT chart for price history and technical indicators.
CMBT income statement FAQ
What is CMB.TECH's annual revenue?
CMB.TECH reported total revenue of $1.7 billion for fiscal year 2025, which ended on December 31, 2025. That was up 77.2% from $940.2 million the previous year.
Is CMB.TECH profitable?
Yes. CMB.TECH reported net income of $160.7 million in fiscal 2025, a net profit margin of 9.6%; its operating margin was 22.2%.
What is CMB.TECH's gross margin?
CMB.TECH's gross margin was 28.9% in fiscal 2025: for every $100 of revenue, CMB.TECH kept $29 after the direct cost of its products and services.
What are CMB.TECH's earnings per share?
CMB.TECH earned $-0.03 per diluted share in fiscal 2025, compared with $1.21 a year earlier.
When will CMB.TECH report its next earnings?
CMB.TECH is expected to report results for the quarter ending September 30, 2026 on November 25, 2026.
When does CMB.TECH's fiscal year end?
CMB.TECH's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 21, 2026.