Focus Universal Inc. (FCUV) Income Statement
FCUV 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsFCUV revenue and net income
Where FCUV's revenue goes
2025Each bar shows an amount and its share of revenue. FCUV kept −1,877.4% of revenue as net income.
FCUV profit margins
FCUV growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −35.9% | −10.3% | −31.4% | −4.7% |
| Gross profit | −445.6% | — | — | — |
| 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.
FCUV quarterly EPS vs estimates
Focus Universal beat the analyst EPS estimate in 0 of the last 3 quarters. Next report: November 9, 2026.
FCUV income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $255,023 | $398,137 | $440,543 | $353,619 | $1.4M | $1.7M | $1.5M | $308,129 | $898,084 | $337,496 |
| Cost of revenue | $290,275 | $387,936 | $380,884 | $330,899 | $1.1M | $1.4M | $1.3M | $137,897 | $726,252 | $57,128 |
| Gross profit | −$35,252 | $10,201 | $59,659 | $22,720 | $297,159 | $283,780 | $118,231 | $170,232 | $171,832 | $280,368 |
| Research & development | $919,965 | $1.4M | $1.3M | $1.1M | $220,469 | $256,636 | $255,232 | $221,510 | $208,238 | $201,899 |
| Sales, general & admin | $3.4M | $4.8M | $3.7M | $4.2M | $3.1M | $2.7M | $2.7M | $1.5M | $483,430 | $521,706 |
| Total operating expenses | $4.9M | $6.2M | $5.0M | $5.2M | $3.3M | $3.0M | $2.9M | $1.8M | $691,668 | $723,605 |
| Operating income | −$4.9M | −$6.2M | −$5.0M | −$5.2M | −$3.0M | −$2.7M | −$2.8M | −$1.6M | −$519,836 | −$443,237 |
| Interest income | $70,024 | $40,853 | $38,339 | $3,887 | — | — | $2,257 | — | — | — |
| Interest expense | $0 | $89,098 | $38,333 | $3,887 | $37,608 | $4,153 | $1,750 | $440,943 | $105,830 | $203 |
| Income before taxes | −$4.8M | −$2.9M | −$4.7M | −$4.9M | −$3.2M | −$2.5M | −$3.2M | −$2.0M | −$625,667 | −$439,304 |
| Income taxes | — | — | −$3 | −$377,543 | $234,082 | $177,534 | $505,958 | $440,943 | $694 | $1,600 |
| Net income | −$4.8M | −$3.2M | −$4.7M | −$4.9M | −$3.2M | −$2.5M | −$3.2M | −$2.0M | −$626,361 | −$440,904 |
| EBITDA | −$4.8M | −$2.8M | −$4.5M | −$4.8M | −$3.0M | −$2.4M | −$3.0M | −$1.6M | −$518,348 | −$465,900 |
| EPS (diluted) | −$2.19 | −$0.29 | −$0.08 | −$0.08 | −$0.73 | −$0.06 | −$0.72 | −$3.35 | −$0.03 | −$0.01 |
| Gross margin | −13.8% | 2.6% | 13.5% | 6.4% | 20.7% | 16.9% | 8.1% | 55.2% | 19.1% | 83.1% |
| Operating margin | −1,918.8% | −1,557.3% | −1,124.0% | −1,472.1% | −210.3% | −161.0% | −193.4% | −514.0% | −57.9% | −131.3% |
| Net margin | −1,877.4% | −803.8% | −1,071.0% | −1,393.3% | −224.5% | −151.1% | −217.4% | −657.1% | −69.7% | −130.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Sep '23 | Jun '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $675,170 | $47,973 | $749 | $28,689 | $35,330 | $190,255 | $133,183 | $74,215 | $11,234 | $179,505 | $71,854 | $215,391 |
| Cost of revenue | $17,227 | $39,451 | $52,521 | $30,301 | $47,742 | $159,711 | $260,250 | $42,530 | −$4,050 | $89,206 | $44,386 | $149,259 |
| Gross profit | $657,943 | $8,522 | −$51,772 | −$1,612 | −$12,412 | $30,544 | −$127,067 | $31,685 | $15,284 | $90,299 | $27,468 | $66,132 |
| Research & development | $362,165 | $264,797 | $207,668 | $288,078 | $467,297 | $372,258 | $433,896 | $308,516 | $296,248 | $343,277 | $305,872 | $342,992 |
| Sales, general & admin | $869,473 | $904,607 | $803,499 | $765,705 | $1.1M | $804,426 | $1.4M | $1.5M | $950,877 | $960,928 | $812,873 | $794,626 |
| Total operating expenses | $2.2M | $1.3M | $846,830 | $1.2M | $1.5M | $1.3M | $1.9M | $1.8M | $1.2M | $1.3M | $1.1M | $1.1M |
| Operating income | −$1.5M | −$1.3M | −$898,602 | −$1.2M | −$1.5M | −$1.3M | −$2.0M | −$1.7M | −$1.2M | −$1.2M | −$1.1M | −$1.1M |
| Interest income | — | $40,090 | $30,259 | $5,747 | $12,130 | $21,888 | $38,200 | $14,001 | — | — | — | $16,118 |
| Interest expense | — | $40,090 | $0 | $0 | $12,130 | $21,888 | $0 | $14,001 | $65,998 | $35,394 | $2,955 | $16,118 |
| Income before taxes | −$1.5M | −$1.2M | −$864,368 | −$1.2M | −$1.5M | −$1.3M | −$2.0M | $1.5M | −$1.2M | −$1.2M | −$1.0M | −$1.0M |
| Income taxes | — | — | — | — | — | — | −$277,823 | $26,784 | −$3 | −$7,946 | −$61,194 | −$11,765 |
| Net income | −$1.5M | −$1.2M | −$864,368 | −$1.2M | −$1.5M | −$1.3M | −$2.0M | $1.4M | −$1.4M | −$1.3M | −$968,033 | −$1.0M |
| EBITDA | −$1.3M | −$1.2M | −$857,798 | −$1.2M | −$1.5M | −$1.2M | −$2.0M | $1.5M | −$1.1M | −$1.1M | −$983,717 | −$975,591 |
| EPS (diluted) | −$2.69 | −$5.93 | −$1.66 | −$0.16 | −$0.20 | −$0.17 | −$0.27 | $0.02 | −$0.02 | −$0.02 | −$0.01 | −$0.02 |
| Gross margin | 97.4% | 17.8% | −6,912.1% | −5.6% | −35.1% | 16.1% | −95.4% | 42.7% | 136.1% | 50.3% | 38.2% | 30.7% |
| Operating margin | −229.5% | −2,650.9% | −119,973.6% | −4,114.4% | −4,366.7% | −668.3% | −1,507.7% | −2,353.8% | −10,965.3% | −676.3% | −1,518.7% | −497.5% |
| Net margin | −225.0% | −2,597.5% | −115,402.9% | −4,065.6% | −4,261.7% | −657.7% | −1,472.7% | 1,942.9% | −12,151.6% | −732.9% | −1,347.2% | −472.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in FCUV's financial statements (latest annual report filed March 31, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
FCUV financial results
In fiscal year 2025 (ended December 31, 2025), Focus Universal reported revenue of $0.3 million, down 35.9% from the year before. It had a net loss of $4.8 million, a net profit margin of −1,877.4%. Diluted earnings per share came to −$2.19. Over five years revenue grew at an average rate of −31.4% a year.
See the FCUV stock overview for the latest quote and news, or the FCUV chart for price history and technical indicators.
FCUV income statement FAQ
What is Focus Universal's annual revenue?
Focus Universal reported total revenue of $0.3 million for fiscal year 2025, which ended on December 31, 2025. That was down 35.9% from $0.4 million the previous year.
Is Focus Universal profitable?
No. Focus Universal reported a net loss of $4.8 million in fiscal 2025, a net profit margin of −1,877.4%; its operating margin was −1,918.8%.
What is Focus Universal's gross margin?
Focus Universal's gross margin was −13.8% in fiscal 2025: for every $100 of revenue, Focus Universal kept $-14 after the direct cost of its products and services.
How much does Focus Universal spend on research and development?
Focus Universal spent $0.9 million on research and development in fiscal 2025, 360.7% of revenue.
How fast is Focus Universal growing?
Revenue grew −31.4% a year on average over the last five fiscal years, from $1.7 million to $0.3 million.
What are Focus Universal's earnings per share?
Focus Universal earned $-2.19 per diluted share in fiscal 2025, compared with $-0.29 a year earlier.
When will Focus Universal report its next earnings?
Focus Universal is expected to report results for the quarter ending September 30, 2026 on November 9, 2026.
When does Focus Universal's fiscal year end?
Focus Universal's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 31, 2026.