Farmmi, Inc. (FAMI) Income Statement
FAMI FY2025 at a glance
Fiscal year ended September 30, 2025 · U.S. dollarsFAMI revenue and net income
Where FAMI's revenue goes
FY2025Each bar shows an amount and its share of revenue. FAMI kept −189.8% of revenue as net income.
FAMI profit margins
FAMI growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −56.4% | −34.4% | −1.5% | +9.4% |
| Gross profit | −79.3% | −47.2% | −30.6% | −7.4% |
| Operating income | −6,038.0% | — | — | — |
| 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.
FAMI quarterly EPS vs estimates
Farmmi beat the analyst EPS estimate in 3 of the last 7 quarters.
FAMI income statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $28.0M | $64.1M | $110.4M | $99.2M | $39.3M | $30.2M | $30.8M | $29.8M | $26.7M | $20.7M |
| Cost of revenue | $27.2M | $60.3M | $106.1M | $93.8M | $34.2M | $25.2M | $25.4M | $24.8M | $22.1M | $17.4M |
| Gross profit | $801,523 | $3.9M | $4.3M | $5.4M | $5.1M | $5.0M | $5.4M | $5.1M | $4.5M | $3.3M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $2.9M | $2.7M | $2.2M | $4.4M | $2.8M | $2.0M | $2.4M | $2.0M | $1.1M | $474,361 |
| Total operating expenses | $48.0M | $3.1M | $2.2M | $4.5M | $2.3M | $2.9M | $2.4M | $2.0M | $1.1M | $474,361 |
| Operating income | −$47.2M | $795,685 | $2.0M | $942,368 | $2.9M | $1.1M | $920,877 | $3.1M | $3.5M | $2.9M |
| Interest income | $10,517 | $3,887 | $743,858 | $516,869 | $33,576 | $313 | $635 | $731 | $311 | $475 |
| Interest expense | $713,012 | $1.8M | $2.3M | $182,304 | $73,866 | $1.3M | $3.3M | $154,400 | $209,159 | $250,732 |
| Income before taxes | −$53.4M | −$4.6M | $2.9M | $2.1M | $2.4M | $848,786 | −$276,440 | $3.2M | $3.3M | $2.6M |
| Income taxes | $42 | $264 | $313,493 | −$118,367 | $25,571 | $35,331 | $34,564 | $9,063 | $5,793 | $269,367 |
| Net income | −$53.1M | −$4.7M | $2.5M | $2.2M | $2.4M | $823,606 | −$311,004 | $3.2M | $3.3M | $2.3M |
| EBITDA | −$44.0M | −$2.3M | $3.8M | $2.7M | $2.6M | $1.3M | $967,656 | $3.4M | $3.5M | $2.9M |
| EPS (diluted) | −$28.90 | −$7.12 | $0.42 | $0.09 | $0.11 | $0.08 | $0.14 | $0.38 | $0.37 | $0.32 |
| Gross margin | 2.9% | 6.0% | 3.9% | 5.5% | 13.0% | 16.5% | 17.6% | 17.0% | 17.0% | 16.1% |
| Operating margin | −168.9% | 1.2% | 1.8% | 0.9% | 7.3% | 3.7% | 3.0% | 10.3% | 13.0% | 13.9% |
| Net margin | −189.8% | −7.3% | 2.3% | 2.2% | 6.0% | 2.7% | −1.0% | 10.8% | 12.3% | 11.2% |
| Jun '26 | Dec '25 | Jun '25 | Dec '24 | Jun '24 | Dec '23 | Jun '23 | Dec '22 | Jun '22 | Dec '21 | Jun '21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.4M | $11.8M | $16.1M | $27.7M | $36.4M | $49.8M | $60.5M | $57.1M | $42.1M | $21.5M | $17.8M |
| Cost of revenue | $7.5M | $11.8M | $15.3M | $26.0M | $34.3M | $47.7M | $58.4M | $54.6M | $39.1M | $19.4M | $14.8M |
| Gross profit | −$1.1M | −$13,051 | $814,574 | $1.7M | $2.1M | $2.1M | $2.2M | $2.5M | $3.0M | $2.1M | $3.0M |
| Sales, general & admin | — | — | $1.5M | $1.8M | $1.2M | $728,191 | $1.5M | $893,312 | $3.6M | $710,944 | $1.5M |
| Total operating expenses | $30.4M | $46.6M | $1.5M | $1.8M | $1.2M | $728,191 | $1.5M | $893,312 | $3.6M | $710,944 | $1.5M |
| Operating income | −$31.5M | −$46.6M | −$668,744 | −$117,880 | $913,565 | $1.4M | $652,260 | $1.6M | −$614,700 | $1.4M | $1.4M |
| Interest expense | $96,907 | $304,294 | $408,718 | $427,926 | $1.3M | $571,213 | $1.8M | $60,014 | $122,290 | $12,000 | $61,866 |
| Income before taxes | −$37.6M | −$53.1M | −$251,658 | −$5.3M | $629,543 | $902,338 | $2.0M | $2.7M | −$583,349 | $1.1M | $1.4M |
| Income taxes | — | $42 | — | $1,213 | −$949 | −$61,616 | $375,109 | −$121,957 | $3,590 | $8,359 | $17,212 |
| Net income | −$37.1M | −$53.1M | −$44,016 | −$5.3M | $630,492 | $963,954 | $1.6M | $2.8M | −$586,939 | $919,822 | $1.4M |
| EBITDA | −$29.2M | −$45.2M | $1.2M | $333,576 | $2.1M | $1.5M | $791,160 | $1.9M | −$578,356 | $1.1M | $1.5M |
| EPS (diluted) | — | −$5.37 | −$0.04 | −$8.12 | — | — | — | $0.12 | −$0.03 | $0.01 | $0.07 |
| Gross margin | −17.0% | −0.1% | 5.0% | 6.2% | 5.9% | 4.3% | 3.6% | 4.3% | 7.1% | 9.9% | 16.8% |
| Operating margin | −492.3% | −393.8% | −4.1% | −0.4% | 2.5% | 2.8% | 1.1% | 2.7% | −1.5% | 6.6% | 8.1% |
| Net margin | −580.3% | −448.6% | −0.3% | −19.1% | 1.7% | 1.9% | 2.6% | 4.9% | −1.4% | 4.3% | 7.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in FAMI's financial statements (latest annual report filed February 10, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
FAMI financial results
In fiscal year 2025 (ended September 30, 2025), Farmmi reported revenue of $28.0 million, down 56.4% from the year before. It had a net loss of $53.1 million, a net profit margin of −189.8%. Diluted earnings per share came to −$28.90. Over five years revenue grew at an average rate of −1.5% a year.
See the FAMI stock overview for the latest quote and news, or the FAMI chart for price history and technical indicators.
FAMI income statement FAQ
What is Farmmi's annual revenue?
Farmmi reported total revenue of $28.0 million for fiscal year 2025, which ended on September 30, 2025. That was down 56.4% from $64.1 million the previous year.
Is Farmmi profitable?
No. Farmmi reported a net loss of $53.1 million in fiscal 2025, a net profit margin of −189.8%; its operating margin was −168.9%.
What is Farmmi's gross margin?
Farmmi's gross margin was 2.9% in fiscal 2025: for every $100 of revenue, Farmmi kept $3 after the direct cost of its products and services.
How fast is Farmmi growing?
Revenue grew −1.5% a year on average over the last five fiscal years, from $30.2 million to $28.0 million.
What are Farmmi's earnings per share?
Farmmi earned $-28.90 per diluted share in fiscal 2025, compared with $-7.12 a year earlier.
When does Farmmi's fiscal year end?
Farmmi's fiscal year ends in September. The latest annual report covers the year ended September 30, 2025 and was filed on February 10, 2026.