FinWise Bancorp (FINW) Income Statement
FINW 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsFINW revenue and net income
Where FINW's revenue goes
2025Each bar shows an amount and its share of revenue. FINW kept 10.7% of revenue as net income.
FINW profit margins
FINW growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +54.9% | +18.7% | +28.1% | — |
| Gross profit | +30.7% | +7.0% | +20.1% | — |
| Operating income | +28.1% | −15.5% | +7.5% | — |
| Net income | +26.3% | −13.8% | +7.5% | — |
| EPS (diluted) | +20.2% | −16.3% | +13.9% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
FINW quarterly EPS vs estimates
FinWise Bancorp beat the analyst EPS estimate in 4 of the last 8 quarters. Next report: October 28, 2026 (estimate $0.19).
FINW income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $151.0M | $97.5M | $86.6M | $90.2M | $81.1M | $43.8M | $35.3M |
| Cost of revenue | $58.9M | $27.0M | $21.6M | $15.0M | $9.3M | $7.0M | $6.8M |
| Gross profit | $92.1M | $70.4M | $65.0M | $75.3M | $71.8M | $36.8M | $28.5M |
| Sales, general & admin | $44.2M | $35.2M | $25.8M | $24.5M | $21.7M | $16.8M | $11.9M |
| Total operating expenses | $70.3M | $53.5M | $41.2M | $39.2M | $29.5M | $21.7M | $15.7M |
| Operating income | $21.8M | $17.0M | $23.8M | $36.0M | $42.3M | $15.1M | $12.8M |
| Interest income | $92.5M | $74.4M | $59.8M | $52.3M | $49.2M | $29.5M | $21.4M |
| Interest expense | $20.3M | $15.4M | $10.0M | $1.4M | $1.3M | $1.8M | $1.5M |
| Income before taxes | $21.8M | $17.0M | $23.8M | $36.0M | $42.3M | $15.1M | $12.8M |
| Income taxes | $5.7M | $4.2M | $6.4M | $10.9M | $10.7M | $3.9M | $3.2M |
| Net income | $16.1M | $12.7M | $17.5M | $25.1M | $31.6M | $11.2M | $9.7M |
| EBITDA | $26.6M | $22.3M | $27.6M | $38.1M | $43.3M | $16.2M | $13.3M |
| EPS (diluted) | $1.13 | $0.94 | $1.33 | $1.93 | $2.34 | $0.59 | $0.21 |
| Gross margin | 61.0% | 72.3% | 75.0% | 83.4% | 88.5% | 84.1% | 80.9% |
| Operating margin | 14.4% | 17.4% | 27.5% | 39.9% | 52.1% | 34.5% | 36.4% |
| Net margin | 10.7% | 13.1% | 20.2% | 27.8% | 38.9% | 25.5% | 27.4% |
| 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 | $59.6M | $48.2M | $52.5M | $41.8M | $30.1M | $26.3M | $25.6M | $25.0M | $23.6M | $23.3M | $24.7M | $22.1M |
| Cost of revenue | $27.9M | $16.0M | $23.4M | $18.2M | $9.7M | $7.6M | $7.7M | $6.3M | $6.2M | $6.8M | $6.9M | $5.9M |
| Gross profit | $31.7M | $32.1M | $29.1M | $23.6M | $20.3M | $18.8M | $17.9M | $18.7M | $17.4M | $16.5M | $17.8M | $16.2M |
| Sales, general & admin | $11.5M | $11.5M | $11.6M | $12.5M | $10.5M | $9.8M | $9.4M | $9.7M | $8.6M | $7.6M | $7.4M | $6.4M |
| Total operating expenses | $28.9M | $28.3M | $23.7M | $17.2M | $14.9M | $14.3M | $14.2M | $14.0M | $13.2M | $12.0M | $12.0M | $9.7M |
| Operating income | $2.8M | $3.8M | $5.5M | $6.4M | $5.4M | $4.4M | $3.7M | $4.6M | $4.2M | $4.5M | $5.8M | $6.5M |
| Interest income | $34.0M | $33.5M | $30.2M | $24.0M | $19.7M | $18.5M | $19.4M | $18.9M | $18.4M | $17.6M | $18.1M | $17.2M |
| Interest expense | $5.2M | $5.5M | $5.7M | $5.4M | $5.0M | $4.3M | $3.8M | $4.2M | $3.8M | $3.6M | $3.7M | $2.8M |
| Income before taxes | $2.8M | $3.8M | $5.5M | $6.4M | $5.4M | $4.4M | $3.7M | $4.6M | $4.2M | $4.5M | $5.8M | $6.5M |
| Income taxes | $672,000 | $1.1M | $1.6M | $1.5M | $1.3M | $1.2M | $898,000 | $1.2M | $998,000 | $1.2M | $1.7M | $1.7M |
| Net income | $2.1M | $2.7M | $3.9M | $4.9M | $4.1M | $3.2M | $2.8M | $3.5M | $3.2M | $3.3M | $4.2M | $4.8M |
| EBITDA | $2.8M | $4.9M | $6.7M | $7.6M | $6.6M | $5.8M | $4.8M | $6.1M | $5.7M | $5.6M | $6.8M | $7.7M |
| EPS (diluted) | $0.15 | $0.20 | $0.27 | $0.34 | $0.29 | $0.23 | $0.20 | $0.25 | $0.24 | $0.25 | $0.32 | $0.37 |
| Gross margin | 53.2% | 66.7% | 55.5% | 56.5% | 67.6% | 71.2% | 69.9% | 74.7% | 73.7% | 70.9% | 72.1% | 73.4% |
| Operating margin | 4.7% | 7.9% | 10.4% | 15.3% | 18.0% | 16.8% | 14.4% | 18.5% | 17.7% | 19.3% | 23.5% | 29.4% |
| Net margin | 3.6% | 5.7% | 7.5% | 11.7% | 13.6% | 12.1% | 10.9% | 13.8% | 13.5% | 14.2% | 16.8% | 21.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in FINW's financial statements (latest annual report filed March 23, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
FINW financial results
In fiscal year 2025 (ended December 31, 2025), FinWise Bancorp reported revenue of $151.0 million, up 54.9% from the year before. It had net income of $16.1 million (up 26.3%), a net profit margin of 10.7%. Diluted earnings per share came to $1.13. Over five years revenue grew at an average rate of 28.1% a year.
See the FINW stock overview for the latest quote and news, or the FINW chart for price history and technical indicators.
FINW income statement FAQ
What is FinWise Bancorp's annual revenue?
FinWise Bancorp reported total revenue of $151.0 million for fiscal year 2025, which ended on December 31, 2025. That was up 54.9% from $97.5 million the previous year.
Is FinWise Bancorp profitable?
Yes. FinWise Bancorp reported net income of $16.1 million in fiscal 2025, a net profit margin of 10.7%; its operating margin was 14.4%.
What is FinWise Bancorp's gross margin?
FinWise Bancorp's gross margin was 61.0% in fiscal 2025: for every $100 of revenue, FinWise Bancorp kept $61 after the direct cost of its products and services.
How fast is FinWise Bancorp growing?
Revenue grew 28.1% a year on average over the last five fiscal years, from $43.8 million to $151.0 million.
What are FinWise Bancorp's earnings per share?
FinWise Bancorp earned $1.13 per diluted share in fiscal 2025, compared with $0.94 a year earlier.
When will FinWise Bancorp report its next earnings?
FinWise Bancorp is expected to report results for the quarter ending September 30, 2026 on October 28, 2026 after the market closes.
When does FinWise Bancorp's fiscal year end?
FinWise Bancorp's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 23, 2026.