Dyadic International, Inc. (DYAI) Income Statement
DYAI 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsDYAI revenue and net income
Where DYAI's revenue goes
2025Each bar shows an amount and its share of revenue. DYAI kept −597.6% of revenue as net income.
DYAI profit margins
DYAI growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −64.7% | −25.1% | −5.1% | +14.6% |
| Gross profit | −147.3% | — | — | — |
| 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.
DYAI quarterly EPS vs estimates
Dyadic International beat the analyst EPS estimate in 2 of the last 7 quarters. Next report: November 11, 2026 (estimate $-0.03).
DYAI income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.2M | $3.5M | $2.9M | $2.9M | $2.4M | $1.6M | $1.7M | $1.3M | $758,420 | $592,886 |
| Cost of revenue | $2.3M | $1.2M | $2.0M | $2.1M | $1.9M | $1.4M | $1.5M | $1.0M | $680,197 | $516,162 |
| Gross profit | −$1.1M | $2.3M | $922,957 | $807,110 | $459,393 | $176,990 | $221,375 | $268,173 | $78,223 | $76,724 |
| Research & development | $2.2M | $2.0M | $3.3M | $4.5M | $8.4M | $3.9M | $5.4M | $3.3M | $2.2M | $885,602 |
| Sales, general & admin | $5.8M | $6.1M | $5.8M | $6.4M | $6.7M | $6.1M | $5.5M | $4.5M | $5.0M | $4.6M |
| Total operating expenses | $6.1M | $8.2M | $9.2M | $11.0M | $15.2M | $10.2M | $9.5M | $7.8M | $7.5M | $5.9M |
| Operating income | −$7.1M | −$5.9M | −$8.2M | −$10.2M | −$14.7M | −$10.0M | −$9.3M | −$7.6M | −$7.1M | −$6.0M |
| Interest income | $284,085 | $456,992 | $416,686 | $180,420 | $51,704 | $446,999 | $984,930 | $894,530 | $566,150 | $485,490 |
| Interest expense | $455,897 | $427,971 | $0 | $380,502 | $51,704 | $731,708 | $984,930 | $894,532 | $566,146 | $909 |
| Income before taxes | −$7.4M | −$5.8M | −$6.8M | −$9.7M | −$13.1M | −$9.3M | −$8.3M | −$6.7M | −$2.2M | −$3.4M |
| Income taxes | — | −$5.8M | −$8.2M | −$364,374 | −$148,597 | $31,318 | $10,306 | −$1.0M | −$66,694 | $238,073 |
| Net income | −$7.4M | −$5.8M | −$6.8M | −$9.7M | −$13.1M | −$9.3M | −$8.3M | −$5.7M | −$2.1M | −$3.6M |
| EBITDA | −$6.9M | −$5.4M | −$8.2M | −$10.1M | −$11.1M | −$10.0M | −$9.2M | −$168,000 | −$2.2M | −$5.3M |
| EPS (diluted) | −$0.23 | −$0.20 | −$0.18 | −$0.34 | −$0.47 | −$0.34 | −$0.31 | −$0.21 | −$0.05 | −$0.10 |
| Gross margin | −88.3% | 65.8% | 31.8% | 27.5% | 19.1% | 11.0% | 13.2% | 20.7% | 10.3% | 12.9% |
| Operating margin | −579.9% | −168.8% | −283.9% | −346.9% | −612.7% | −625.9% | −552.2% | −586.1% | −939.7% | −1,004.5% |
| Net margin | −597.6% | −166.2% | −234.4% | −332.2% | −543.7% | −582.1% | −494.2% | −439.4% | −281.6% | −608.7% |
| 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 | $961,138 | $1.1M | $235,716 | $1.2M | $463,449 | $183,100 | $817,376 | $2.0M | $385,896 | $334,617 | $686,535 | $397,060 |
| Cost of revenue | $984,165 | $791,840 | $384,608 | $254,753 | $613,591 | $297,658 | $352,819 | $395,894 | $301,956 | $143,955 | $350,118 | $105,869 |
| Gross profit | −$23,027 | $319,116 | −$148,892 | $909,864 | −$150,142 | −$114,558 | $464,557 | $1.6M | $83,940 | $190,662 | $336,417 | $291,191 |
| Research & development | $332,621 | $476,069 | $458,436 | $350,046 | $629,379 | $494,979 | $545,660 | $460,241 | $515,629 | $522,723 | $852,797 | $716,351 |
| Sales, general & admin | $1.7M | $1.8M | $1.2M | $1.5M | $1.4M | $1.6M | $1.4M | $1.3M | $1.6M | $1.8M | $1.7M | $1.3M |
| Total operating expenses | $2.0M | $2.2M | $1.4M | $2.8M | $1.6M | $1.9M | $2.0M | $1.8M | $2.1M | $2.3M | $2.5M | $2.0M |
| Operating income | −$2.1M | −$1.9M | −$1.5M | −$1.9M | −$1.7M | −$2.0M | −$1.5M | −$202,614 | −$2.0M | −$2.1M | −$2.2M | −$1.7M |
| Interest income | $39,705 | $57,191 | $83,033 | $63,467 | $49,127 | $88,458 | $103,747 | $127,331 | $138,471 | $87,443 | $96,899 | $105,862 |
| Interest expense | $109,385 | $109,181 | $114,392 | $85,934 | $113,833 | $113,562 | $126,233 | $128,177 | $141,103 | $32,458 | $1.1M | $0 |
| Income before taxes | −$2.1M | −$2.0M | −$1.6M | −$2.0M | −$1.8M | −$2.0M | −$1.6M | −$203,460 | −$2.0M | −$2.0M | −$4.2M | −$1.6M |
| Income taxes | — | — | — | — | — | — | $43,277 | — | −$2.0M | −$43,277 | −$2.2M | −$118,462 |
| Net income | −$2.1M | −$2.0M | −$1.6M | −$2.0M | −$1.8M | −$2.0M | −$1.6M | −$203,460 | −$2.0M | −$2.0M | −$2.1M | −$1.6M |
| EBITDA | −$2.0M | −$1.8M | −$1.4M | −$1.9M | −$1.7M | −$1.9M | −$1.4M | −$75,288 | −$1.9M | −$2.0M | −$811,857 | −$1.6M |
| EPS (diluted) | −$0.06 | −$0.05 | −$0.04 | −$0.06 | −$0.06 | −$0.07 | −$0.05 | −$0.01 | −$0.07 | −$0.07 | −$0.08 | −$0.06 |
| Gross margin | −2.4% | 28.7% | −63.2% | 78.1% | −32.4% | −62.6% | 56.8% | 79.8% | 21.8% | 57.0% | 49.0% | 73.3% |
| Operating margin | −213.7% | −172.1% | −646.9% | −165.3% | −373.1% | −1,093.7% | −187.2% | −10.4% | −529.3% | −635.2% | −315.8% | −433.2% |
| Net margin | −221.0% | −175.9% | −664.9% | −169.7% | −387.0% | −1,107.4% | −189.7% | −10.4% | −530.0% | −600.6% | −301.8% | −406.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in DYAI's financial statements (latest annual report filed March 25, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
DYAI financial results
In fiscal year 2025 (ended December 31, 2025), Dyadic International reported revenue of $1.2 million, down 64.7% from the year before. It had a net loss of $7.4 million, a net profit margin of −597.6%. Diluted earnings per share came to −$0.23. Over five years revenue grew at an average rate of −5.1% a year.
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DYAI income statement FAQ
What is Dyadic International's annual revenue?
Dyadic International reported total revenue of $1.2 million for fiscal year 2025, which ended on December 31, 2025. That was down 64.7% from $3.5 million the previous year.
Is Dyadic International profitable?
No. Dyadic International reported a net loss of $7.4 million in fiscal 2025, a net profit margin of −597.6%; its operating margin was −579.9%.
What is Dyadic International's gross margin?
Dyadic International's gross margin was −88.3% in fiscal 2025: for every $100 of revenue, Dyadic International kept $-88 after the direct cost of its products and services.
How much does Dyadic International spend on research and development?
Dyadic International spent $2.2 million on research and development in fiscal 2025, 174.8% of revenue.
How fast is Dyadic International growing?
Revenue grew −5.1% a year on average over the last five fiscal years, from $1.6 million to $1.2 million.
What are Dyadic International's earnings per share?
Dyadic International earned $-0.23 per diluted share in fiscal 2025, compared with $-0.20 a year earlier.
When will Dyadic International report its next earnings?
Dyadic International is expected to report results for the quarter ending September 30, 2026 on November 11, 2026 before the market opens.
When does Dyadic International's fiscal year end?
Dyadic International's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 25, 2026.