DarkHorse Technologies Inc. (DRK) Income Statement
DRK 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsDRK revenue and net income
Where DRK's revenue goes
2025Each bar shows an amount and its share of revenue. DRK kept −192.1% of revenue as net income.
DRK profit margins
DRK growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −32.7% | +22.5% | — | — |
| Gross profit | −18.7% | −0.4% | — | — |
| 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.
DRK quarterly EPS vs estimates
DarkHorse Technologies beat the analyst EPS estimate in 2 of the last 3 quarters. Next report: November 3, 2026.
DRK income statement
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Revenue | $11.2M | $16.6M | $21.9M | $6.1M |
| Cost of revenue | $8.6M | $13.4M | $15.9M | $3.4M |
| Gross profit | $2.6M | $3.2M | $6.0M | $2.7M |
| Research & development | — | $0 | $1.0M | $605,000 |
| Sales, general & admin | $8.3M | $12.4M | $16.8M | $25.1M |
| Total operating expenses | $23.7M | $32.9M | $48.4M | $73.5M |
| Operating income | −$12.5M | −$16.3M | −$26.5M | −$67.4M |
| Interest income | — | — | $1.1M | $2.6M |
| Interest expense | — | $0 | $1.2M | $0 |
| Income before taxes | −$21.5M | −$9.3M | −$23.3M | −$192.7M |
| Net income | −$21.5M | −$9.5M | −$23.4M | −$192.8M |
| EBITDA | −$5.6M | −$9.2M | −$15.9M | −$164.5M |
| EPS (diluted) | −$8.97 | — | −$1218.94 | — |
| Gross margin | 23.5% | 19.4% | 27.2% | 43.8% |
| Operating margin | −111.9% | −98.3% | −121.1% | −1,109.4% |
| Net margin | −192.1% | −57.0% | −106.8% | −3,172.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | |
|---|---|---|---|---|---|
| Revenue | $2.5M | $1.9M | $2.7M | $2.6M | $3.0M |
| Cost of revenue | $2.3M | $1.6M | $2.1M | $2.0M | $2.3M |
| Gross profit | $165,000 | $313,000 | $621,000 | $666,000 | $717,000 |
| Sales, general & admin | $4.8M | $2.5M | $1.2M | $1.8M | $2.1M |
| Total operating expenses | $8.4M | $5.2M | $5.2M | $5.5M | $6.1M |
| Operating income | −$6.0M | −$3.3M | −$2.4M | −$2.8M | −$3.1M |
| Income before taxes | −$13.8M | −$4.1M | −$10.1M | −$4.2M | $1.7M |
| Net income | −$13.8M | −$4.1M | −$10.1M | −$4.2M | $1.7M |
| EBITDA | −$4.7M | −$2.1M | −$565,000 | −$1.1M | −$1.4M |
| EPS (diluted) | −$2.68 | −$1.18 | −$3.77 | −$1.07 | $0.44 |
| Gross margin | 6.7% | 16.3% | 22.8% | 25.4% | 23.8% |
| Operating margin | −244.1% | −171.3% | −89.8% | −108.4% | −101.9% |
| Net margin | −564.0% | −214.3% | −371.5% | −162.0% | 55.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in DRK's financial statements (latest annual report filed —); data from EODHD. Sales, general & administrative expenses include sales and marketing.
DRK financial results
In fiscal year 2025 (ended December 31, 2025), DarkHorse Technologies reported revenue of $11.2 million, down 32.7% from the year before. It had a net loss of $21.5 million, a net profit margin of −192.1%. Diluted earnings per share came to −$8.97.
See the DRK stock overview for the latest quote and news, or the DRK chart for price history and technical indicators.
DRK income statement FAQ
What is DarkHorse Technologies's annual revenue?
DarkHorse Technologies reported total revenue of $11.2 million for fiscal year 2025, which ended on December 31, 2025. That was down 32.7% from $16.6 million the previous year.
Is DarkHorse Technologies profitable?
No. DarkHorse Technologies reported a net loss of $21.5 million in fiscal 2025, a net profit margin of −192.1%; its operating margin was −111.9%.
What is DarkHorse Technologies's gross margin?
DarkHorse Technologies's gross margin was 23.5% in fiscal 2025: for every $100 of revenue, DarkHorse Technologies kept $23 after the direct cost of its products and services.
What are DarkHorse Technologies's earnings per share?
DarkHorse Technologies earned $-8.97 per diluted share in fiscal 2025.
When will DarkHorse Technologies report its next earnings?
DarkHorse Technologies is expected to report results for the quarter ending September 30, 2026 on November 3, 2026.
When does DarkHorse Technologies's fiscal year end?
DarkHorse Technologies's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025.