Freightos Limited (CRGO) Income Statement
CRGO 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsCRGO revenue and net income
Where CRGO's revenue goes
2025Each bar shows an amount and its share of revenue. CRGO kept −59.5% of revenue as net income.
CRGO profit margins
CRGO growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +23.9% | +15.6% | +28.2% | — |
| Gross profit | +27.0% | +20.6% | +36.0% | — |
| 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.
CRGO quarterly EPS vs estimates
Freightos beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: November 16, 2026.
CRGO income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue | $29.5M | $23.8M | $20.3M | $19.1M | $11.1M | $8.5M |
| Cost of revenue | $9.8M | $8.3M | $8.5M | $7.9M | $4.6M | $4.3M |
| Gross profit | $19.7M | $15.5M | $11.8M | $11.2M | $6.5M | $4.2M |
| Research & development | $11.9M | $10.3M | $11.5M | $10.2M | $7.8M | $6.9M |
| Sales, general & admin | $25.3M | $23.8M | $27.1M | $22.2M | $14.3M | $9.3M |
| Total operating expenses | $38.8M | $35.4M | $39.9M | $33.5M | $22.9M | $18.2M |
| Operating income | −$19.2M | −$19.9M | −$28.1M | −$22.3M | −$16.3M | −$13.9M |
| Interest income | $1.8M | $2.2M | $2.3M | $194,000 | $150,000 | $193,000 |
| Interest expense | $268,000 | $178,000 | $387,000 | $454,000 | $156,000 | $172,000 |
| Income before taxes | −$17.4M | −$21.9M | −$65.6M | −$24.5M | −$16.4M | −$13.9M |
| Income taxes | $146,000 | $612,000 | −$85,000 | $169,000 | $4,000 | $259,000 |
| Net income | −$17.5M | −$22.5M | −$65.5M | −$24.7M | −$16.4M | −$14.2M |
| EBITDA | −$13.7M | −$18.6M | −$62.4M | −$21.7M | −$15.1M | −$12.5M |
| EPS (diluted) | −$0.24 | −$0.22 | −$0.40 | −$0.19 | −$0.01 | — |
| Gross margin | 66.8% | 65.2% | 58.2% | 58.8% | 58.7% | 49.8% |
| Operating margin | −65.0% | −83.9% | −138.4% | −117.0% | −147.1% | −163.8% |
| Net margin | −59.5% | −94.6% | −322.8% | −129.4% | −147.1% | −166.6% |
| 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 | $7.7M | $7.2M | $7.4M | $7.7M | $7.4M | $6.9M | $6.6M | $6.2M | $5.7M | $5.4M | $5.3M | $5.1M |
| Cost of revenue | $2.5M | $2.4M | $2.7M | $2.4M | $2.4M | $2.3M | $2.1M | $2.2M | $2.0M | $2.0M | $2.0M | $2.3M |
| Gross profit | $5.2M | $4.8M | $4.7M | $5.3M | $5.0M | $4.6M | $4.5M | $4.0M | $3.7M | $3.4M | $3.3M | $2.8M |
| Research & development | $2.8M | $2.9M | $3.2M | $2.8M | $3.0M | $2.9M | $2.8M | $2.6M | $2.4M | $2.5M | $2.5M | $3.0M |
| Sales, general & admin | $6.0M | $6.6M | $13.3M | $6.8M | $6.5M | $6.4M | $11.6M | $6.3M | $5.8M | $6.4M | $12.0M | $8.2M |
| Total operating expenses | $8.7M | $9.5M | $10.4M | $9.6M | $9.5M | $9.3M | $9.5M | $8.9M | $8.2M | $8.8M | $7.9M | $12.1M |
| Operating income | −$3.5M | −$4.7M | −$5.6M | −$4.3M | −$4.5M | −$4.7M | −$5.0M | −$4.9M | −$4.6M | −$5.5M | −$4.6M | −$9.3M |
| Interest income | $248,000 | $221,000 | $441,000 | $233,000 | $578,000 | $575,000 | $282,000 | $654,000 | $637,000 | $638,000 | $822,000 | $677,000 |
| Interest expense | $74,000 | $61,000 | $61,000 | $73,000 | $19,000 | $115,000 | $23,000 | $18,000 | $70,000 | $67,000 | $100,000 | $64,000 |
| Income before taxes | −$1.6M | −$6.4M | −$3.8M | −$4.9M | −$4.2M | −$4.4M | −$9.2M | −$2.7M | −$5.3M | −$4.6M | −$3.5M | −$7.1M |
| Income taxes | $78,000 | $93,000 | $23,000 | $30,000 | $38,000 | $55,000 | $649,000 | −$17,000 | −$7,000 | −$13,000 | −$146,000 | $58,000 |
| Net income | −$1.6M | −$6.5M | −$3.8M | −$5.0M | −$4.3M | −$4.5M | −$9.8M | −$2.7M | −$5.3M | −$4.6M | −$3.3M | −$7.2M |
| EBITDA | −$2.7M | −$5.5M | −$2.9M | −$4.0M | −$3.4M | −$3.4M | −$8.3M | −$1.9M | −$4.5M | −$3.9M | −$2.7M | −$6.3M |
| EPS (diluted) | −$0.03 | −$0.05 | −$0.05 | −$0.05 | −$0.09 | −$0.05 | −$0.07 | −$0.04 | −$0.05 | −$0.06 | −$0.06 | −$0.07 |
| Gross margin | 67.6% | 66.6% | 64.1% | 69.1% | 67.1% | 66.8% | 67.6% | 65.0% | 64.9% | 62.6% | 62.2% | 54.9% |
| Operating margin | −46.1% | −66.2% | −75.9% | −56.5% | −60.7% | −67.4% | −76.5% | −78.6% | −80.7% | −102.4% | −88.3% | −181.9% |
| Net margin | −21.2% | −90.3% | −51.0% | −64.7% | −57.5% | −64.8% | −149.3% | −44.0% | −93.9% | −86.2% | −63.0% | −140.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CRGO's financial statements (latest annual report filed March 26, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CRGO financial results
In fiscal year 2025 (ended December 31, 2025), Freightos reported revenue of $29.5 million, up 23.9% from the year before. It had a net loss of $17.5 million, a net profit margin of −59.5%. Diluted earnings per share came to −$0.24. Over five years revenue grew at an average rate of 28.2% a year.
See the CRGO stock overview for the latest quote and news, or the CRGO chart for price history and technical indicators.
CRGO income statement FAQ
What is Freightos's annual revenue?
Freightos reported total revenue of $29.5 million for fiscal year 2025, which ended on December 31, 2025. That was up 23.9% from $23.8 million the previous year.
Is Freightos profitable?
No. Freightos reported a net loss of $17.5 million in fiscal 2025, a net profit margin of −59.5%; its operating margin was −65.0%.
What is Freightos's gross margin?
Freightos's gross margin was 66.8% in fiscal 2025: for every $100 of revenue, Freightos kept $67 after the direct cost of its products and services.
How much does Freightos spend on research and development?
Freightos spent $11.9 million on research and development in fiscal 2025, 40.5% of revenue.
How fast is Freightos growing?
Revenue grew 28.2% a year on average over the last five fiscal years, from $8.5 million to $29.5 million.
What are Freightos's earnings per share?
Freightos earned $-0.24 per diluted share in fiscal 2025, compared with $-0.22 a year earlier.
When will Freightos report its next earnings?
Freightos is expected to report results for the quarter ending September 30, 2026 on November 16, 2026.
When does Freightos's fiscal year end?
Freightos's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 26, 2026.