CoinShares PLC (CSHR) Income Statement
CSHR 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsCSHR revenue and net income
Where CSHR's revenue goes
2025Each bar shows an amount and its share of revenue. CSHR kept 3.4% of revenue as net income.
CSHR profit margins
CSHR growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +149.6% | — | — | — |
| Gross profit | +138.7% | — | — | — |
| Operating income | −108.3% | — | — | — |
| Net income | −88.2% | — | — | — |
| 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.
CSHR quarterly EPS vs estimates
Next report: November 11, 2026.
CSHR income statement
| 2025 | 2023 | 2022 | |
|---|---|---|---|
| Revenue | $163.2M | $65.4M | $15.6M |
| Cost of revenue | $39.7M | $13.7M | $7.7M |
| Gross profit | $123.5M | $51.7M | $8.0M |
| Sales, general & admin | $24.5M | $12.6M | $2.9M |
| Total operating expenses | $3.9M | $13.4M | −$622.0M |
| Operating income | −$3.9M | $47.1M | $630.0M |
| Interest income | $1.8M | $11.4M | $15.6M |
| Interest expense | $7.8M | $6.7M | $7.7M |
| Income before taxes | $5.5M | $47.4M | $630.0M |
| Income taxes | — | $578,320 | $446,169 |
| Net income | $5.5M | $46.8M | $629.6M |
| EBITDA | $8.7M | $57.5M | $641.2M |
| EPS (diluted) | $0.19 | — | — |
| Gross margin | 75.7% | 79.1% | 51.0% |
| Operating margin | −2.4% | 72.1% | 4,030.3% |
| Net margin | 3.4% | 71.6% | 4,027.4% |
| Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Sep '24 | Jun '24 | |
|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $30.0M | $29.6M | $26.7M | $0 |
| Cost of revenue | — | — | — | $4.9M | $3.6M | $2.9M | — |
| Gross profit | — | — | — | $25.0M | $26.1M | $23.8M | — |
| Sales, general & admin | — | — | — | $11.0M | $3.1M | $11.8M | — |
| Total operating expenses | $969,000 | $969,000 | $1.8M | −$8.1M | $211,684 | $2.0M | $32,390 |
| Operating income | −$969,000 | −$969,000 | −$1.8M | $33.2M | $25.8M | $21.9M | −$32,390 |
| Interest income | — | — | — | $322,084 | $154,059 | $1.5M | — |
| Interest expense | — | — | — | $948,880 | $2.1M | $2.3M | — |
| Income before taxes | $1.3M | $1.3M | $586,000 | $32.6M | $23.9M | $19.1M | −$32,390 |
| Income taxes | — | — | — | $362,320 | $295,033 | $60,518 | — |
| Net income | $1.3M | $1.3M | $586,000 | $32.3M | $23.6M | $19.0M | −$32,390 |
| EBITDA | $1.3M | $1.3M | $586,000 | $35.1M | $26.6M | $22.0M | −$32,390 |
| EPS (diluted) | — | $0.04 | $0.02 | $0.06 | $0.06 | — | — |
| Gross margin | — | — | — | 83.5% | 87.9% | 89.3% | — |
| Operating margin | — | — | — | 110.7% | 87.2% | 81.9% | — |
| Net margin | — | — | — | 107.6% | 79.6% | 71.2% | — |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CSHR's financial statements (latest annual report filed April 30, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CSHR financial results
In fiscal year 2025 (ended December 31, 2025), CoinShares reported revenue of $163.2 million, up 149.6% from the year before. It had net income of $5.5 million (down 88.2%), a net profit margin of 3.4%. Diluted earnings per share came to $0.19.
See the CSHR stock overview for the latest quote and news, or the CSHR chart for price history and technical indicators.
CSHR income statement FAQ
What is CoinShares's annual revenue?
CoinShares reported total revenue of $163.2 million for fiscal year 2025, which ended on December 31, 2025. That was up 149.6% from $65.4 million the previous year.
Is CoinShares profitable?
Yes. CoinShares reported net income of $5.5 million in fiscal 2025, a net profit margin of 3.4%; its operating margin was −2.4%.
What is CoinShares's gross margin?
CoinShares's gross margin was 75.7% in fiscal 2025: for every $100 of revenue, CoinShares kept $76 after the direct cost of its products and services.
What are CoinShares's earnings per share?
CoinShares earned $0.19 per diluted share in fiscal 2025.
When will CoinShares report its next earnings?
CoinShares is expected to report results for the quarter ending September 30, 2026 on November 11, 2026.
When does CoinShares's fiscal year end?
CoinShares's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 30, 2026.