Cyngn Inc. (CYN) Income Statement
CYN 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsCYN revenue and net income
Where CYN's revenue goes
2025Each bar shows an amount and its share of revenue. CYN kept −10,717.7% of revenue as net income.
CYN profit margins
CYN growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −40.5% | −5.8% | — | — |
| Gross profit | — | +3.4% | — | — |
| 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.
CYN quarterly EPS vs estimates
Cyngn beat the analyst EPS estimate in 4 of the last 8 quarters. Next report: November 17, 2026.
CYN income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $218,976 | $368,138 | $1.5M | $262,000 | $0 | $0 | $124,501 |
| Cost of revenue | $135,749 | $535,708 | $1.2M | $186,823 | $85,855 | $159,040 | $0 |
| Gross profit | $83,227 | −$167,570 | $266,996 | $75,177 | −$85,855 | −$159,040 | $124,501 |
| Research & development | $12.5M | $11.3M | $12.7M | $9.5M | $5.0M | $5.1M | $5.7M |
| Sales, general & admin | $13.3M | $11.4M | $10.9M | $10.2M | $4.4M | $3.3M | $4.0M |
| Total operating expenses | $25.8M | $22.7M | $23.6M | $19.5M | $9.4M | $8.2M | $9.7M |
| Operating income | −$25.7M | −$22.8M | −$23.3M | −$19.4M | −$9.4M | −$8.4M | −$9.6M |
| Interest income | — | — | — | $44,100 | — | $39,841 | $230,521 |
| Interest expense | $197,429 | $1.1M | — | $44,100 | $9,580 | $39,841 | $230,521 |
| Income before taxes | −$23.5M | −$29.3M | −$22.8M | −$19.2M | −$7.8M | −$8.3M | −$9.3M |
| Income taxes | — | — | −$1 | −$164,218 | $16,753 | −$39,841 | −$230,521 |
| Net income | −$23.5M | −$29.3M | −$22.8M | −$19.2M | −$7.8M | −$8.3M | −$9.3M |
| EBITDA | −$22.3M | −$27.5M | −$21.8M | −$18.6M | −$7.7M | −$8.2M | −$9.2M |
| EPS (diluted) | −$5.17 | −$1486.61 | −$8809.05 | −$4227.55 | −$30956.12 | −$801.81 | — |
| Gross margin | 38.0% | −45.5% | 17.9% | 28.7% | — | — | 100.0% |
| Operating margin | −11,731.1% | −6,201.0% | −1,567.6% | −7,404.9% | — | — | −7,683.2% |
| Net margin | −10,717.7% | −7,946.0% | −1,531.7% | −7,342.2% | — | — | −7,498.1% |
| 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 | $144,459 | $104,573 | $68,125 | $69,973 | $33,726 | $47,152 | $306,376 | $47,584 | $8,665 | $5,513 | $40,356 | $25,210 |
| Cost of revenue | $88,983 | $57,350 | $56,175 | $50,816 | $16,944 | $11,813 | $249,759 | $157,251 | $14,922 | $113,776 | $100,589 | $42,414 |
| Gross profit | $55,476 | $47,223 | $11,950 | $19,157 | $16,782 | $35,339 | $56,617 | −$109,667 | −$6,257 | −$108,263 | −$60,233 | −$17,204 |
| Research & development | $3.2M | $2.9M | $3.1M | $5.3M | $2.0M | $2.1M | $2.1M | $2.8M | $3.2M | $3.2M | $3.0M | $2.9M |
| Sales, general & admin | $3.7M | $4.1M | $3.4M | $3.2M | $3.5M | $3.1M | $3.5M | $2.6M | $2.6M | $2.7M | $2.3M | $2.7M |
| Total operating expenses | $6.8M | $7.0M | $6.6M | $8.4M | $5.5M | $5.3M | $5.6M | $5.4M | $5.8M | $5.9M | $5.3M | $5.6M |
| Operating income | −$6.8M | −$6.9M | −$6.6M | −$8.4M | −$5.5M | −$5.2M | −$5.5M | −$5.5M | −$5.8M | −$6.0M | −$5.4M | −$5.6M |
| Interest income | — | $22,070 | — | — | — | $74,819 | — | $46,336 | — | $1,327 | — | $32,905 |
| Interest expense | — | — | $450,489 | $252,497 | $197,992 | — | $1.2M | — | $1,669 | — | $65,793 | — |
| Income before taxes | −$6.4M | −$6.5M | −$5.7M | −$8.4M | −$5.4M | −$7.6M | −$12.0M | −$5.4M | −$5.8M | −$6.0M | −$5.4M | −$5.5M |
| Income taxes | — | — | — | — | — | — | — | — | $1 | $182,314 | −$4 | −$32,905 |
| Net income | −$6.4M | −$6.5M | −$5.7M | −$8.4M | −$5.4M | −$7.6M | −$12.0M | −$5.4M | −$5.8M | −$6.0M | −$5.4M | −$5.5M |
| EBITDA | −$6.0M | −$6.2M | −$5.4M | −$7.9M | −$4.9M | −$7.4M | −$10.9M | −$5.2M | −$5.6M | −$5.7M | −$5.1M | −$5.2M |
| EPS (diluted) | −$0.45 | −$0.59 | — | −$1.20 | −$2.70 | −$4.39 | −$459.03 | −$411.00 | −$616.50 | −$0.08 | −$1799.99 | −$2099.99 |
| Gross margin | 38.4% | 45.2% | 17.5% | 27.4% | 49.8% | 74.9% | 18.5% | −230.5% | −72.2% | −1,963.8% | −149.3% | −68.2% |
| Operating margin | −4,675.4% | −6,638.2% | −9,621.1% | −12,028.9% | −16,313.4% | −11,060.0% | −1,808.7% | −11,575.7% | −67,076.7% | −108,223.5% | −13,370.9% | −22,251.9% |
| Net margin | −4,398.8% | −6,203.1% | −8,323.9% | −12,059.9% | −16,154.6% | −16,102.9% | −3,928.5% | −11,405.9% | −67,154.7% | −108,290.9% | −13,275.7% | −21,703.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CYN's financial statements (latest annual report filed March 27, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CYN financial results
In fiscal year 2025 (ended December 31, 2025), Cyngn reported revenue of $0.2 million, down 40.5% from the year before. It had a net loss of $23.5 million, a net profit margin of −10,717.7%. Diluted earnings per share came to −$5.17.
See the CYN stock overview for the latest quote and news, or the CYN chart for price history and technical indicators.
CYN income statement FAQ
What is Cyngn's annual revenue?
Cyngn reported total revenue of $0.2 million for fiscal year 2025, which ended on December 31, 2025. That was down 40.5% from $0.4 million the previous year.
Is Cyngn profitable?
No. Cyngn reported a net loss of $23.5 million in fiscal 2025, a net profit margin of −10,717.7%; its operating margin was −11,731.1%.
What is Cyngn's gross margin?
Cyngn's gross margin was 38.0% in fiscal 2025: for every $100 of revenue, Cyngn kept $38 after the direct cost of its products and services.
How much does Cyngn spend on research and development?
Cyngn spent $12.5 million on research and development in fiscal 2025, 5,694.1% of revenue.
What are Cyngn's earnings per share?
Cyngn earned $-5.17 per diluted share in fiscal 2025, compared with $-1486.61 a year earlier.
When will Cyngn report its next earnings?
Cyngn is expected to report results for the quarter ending September 30, 2026 on November 17, 2026.
When does Cyngn's fiscal year end?
Cyngn's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 27, 2026.