EDAP TMS S.A. (FOCL) Income Statement
FOCL 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsFOCL revenue and net income
Where FOCL's revenue goes
2025Each bar shows an amount and its share of revenue. FOCL kept −41.5% of revenue as net income.
FOCL profit margins
FOCL growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +35.8% | +12.1% | +11.9% | — |
| Gross profit | +38.2% | +8.6% | +12.5% | — |
| Operating income | — | — | — | — |
| Net income | −3,645.7% | — | — | — |
| EPS (diluted) | −4,050.0% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
FOCL quarterly EPS vs estimates
EDAP TMS beat the analyst EPS estimate in 1 of the last 6 quarters. Next report: November 5, 2026 (estimate $-0.18).
FOCL income statement
| 2025 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $70.7M | $52.1M | $47.5M | $50.3M | $46.2M | $40.3M | $39.4M | $35.8M |
| Cost of revenue | $40.7M | $30.3M | $26.5M | $26.8M | $26.3M | $23.6M | $21.2M | $20.5M |
| Gross profit | $30.1M | $21.8M | $21.0M | $23.5M | $20.0M | $16.7M | $18.2M | $15.3M |
| Research & development | $10.1M | $5.6M | $5.9M | $5.3M | $5.6M | $4.4M | $4.3M | $3.7M |
| Sales, general & admin | $45.0M | — | — | — | — | — | — | — |
| Total operating expenses | $55.3M | $25.3M | $21.4M | $22.2M | $22.3M | $19.0M | $17.7M | $15.2M |
| Operating income | −$25.2M | −$3.5M | −$463,969 | $1.3M | −$2.4M | −$2.3M | $432,523 | $44,356 |
| Interest income | $252,000 | — | — | — | — | — | — | — |
| Interest expense | $791,441 | $61,463 | $123,117 | $185,795 | $130,952 | $49,629 | $63,053 | $70,970 |
| Income before taxes | −$29.3M | $326,226 | −$1.9M | $1.6M | −$784,533 | −$330,484 | $4.9M | −$1.5M |
| Income taxes | $71,219 | −$501,159 | $27,359 | −$92,897 | −$385,778 | $437,638 | $665,930 | $345,983 |
| Net income | −$29.3M | $827,386 | −$1.9M | $1.7M | −$398,755 | −$768,123 | $4.3M | −$1.8M |
| EBITDA | −$25.0M | $2.7M | $2.1M | $3.7M | −$617,009 | −$512,082 | $1.6M | $1.2M |
| EPS (diluted) | −$0.79 | $0.02 | −$0.07 | $0.06 | −$0.01 | −$0.03 | $0.15 | −$0.06 |
| Gross margin | 42.5% | 41.8% | 44.1% | 46.8% | 43.2% | 41.4% | 46.1% | 42.7% |
| Operating margin | −35.6% | −6.7% | −1.0% | 2.7% | −5.1% | −5.7% | 1.1% | 0.1% |
| Net margin | −41.5% | 1.6% | −4.1% | 3.4% | −0.9% | −1.9% | 10.8% | −5.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.2M | $17.9M | $21.9M | $16.2M | $18.2M | $14.3M | $21.7M | $17.0M | $16.2M | $21.1M | $12.8M | $15.5M |
| Cost of revenue | $5.9M | $9.7M | $12.6M | $9.2M | $10.5M | $8.3M | $12.0M | $10.6M | $9.3M | $11.9M | $8.2M | $9.4M |
| Gross profit | $7.3M | $8.2M | $9.3M | $7.0M | $7.7M | $6.0M | $9.7M | $6.4M | $6.9M | $9.2M | $4.5M | $6.2M |
| Research & development | $2.3M | $2.6M | $2.1M | $2.4M | $2.5M | $2.6M | $2.0M | $2.2M | $2.2M | $2.4M | $1.8M | $1.8M |
| Sales, general & admin | $13.1M | $12.9M | $33.0M | $10.3M | $12.2M | $9.7M | — | — | — | — | — | — |
| Total operating expenses | $15.3M | $15.6M | $15.3M | $12.7M | $14.3M | $12.3M | $13.7M | $13.0M | $12.2M | $12.9M | $10.6M | $10.8M |
| Operating income | −$8.0M | −$7.4M | −$6.0M | −$5.8M | −$6.5M | −$6.3M | −$4.0M | −$6.6M | −$5.2M | −$3.7M | −$6.0M | −$4.6M |
| Interest expense | $746,964 | $1.7M | $3.0M | $57,262 | $64,606 | — | — | — | — | — | — | — |
| Income before taxes | −$14.4M | −$9.0M | −$9.4M | −$5.7M | −$6.2M | −$7.3M | −$2.1M | −$6.5M | −$4.8M | −$5.1M | −$4.2M | −$4.9M |
| Income taxes | $7,988 | $145,527 | $64,951 | $120,368 | $105,411 | $144,187 | −$11,733 | $136,726 | $120,474 | $358,028 | $48,955 | $240,526 |
| Net income | −$14.5M | −$9.1M | −$9.4M | −$5.9M | −$6.3M | −$7.4M | −$2.1M | −$6.6M | −$4.9M | −$5.4M | −$4.3M | −$5.1M |
| EBITDA | −$8.0M | −$6.4M | −$6.4M | −$5.7M | −$6.2M | −$7.3M | −$2.1M | −$6.5M | −$4.8M | −$5.1M | −$4.2M | −$4.9M |
| EPS (diluted) | −$0.24 | −$0.24 | −$0.25 | −$0.15 | −$0.17 | −$0.21 | −$0.06 | −$0.18 | −$0.13 | −$0.15 | −$0.12 | −$0.14 |
| Gross margin | 55.6% | 45.7% | 42.6% | 43.0% | 42.5% | 42.0% | 44.8% | 37.5% | 42.8% | 43.7% | 35.5% | 39.6% |
| Operating margin | −60.8% | −41.4% | −27.5% | −35.5% | −36.0% | −44.2% | −18.4% | −38.9% | −32.3% | −17.7% | −47.3% | −29.6% |
| Net margin | −109.7% | −51.0% | −43.2% | −36.1% | −34.9% | −52.2% | −9.5% | −38.8% | −30.5% | −25.7% | −33.6% | −32.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in FOCL's financial statements (latest annual report filed December 31, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
FOCL financial results
In fiscal year 2025 (ended December 31, 2025), EDAP TMS reported revenue of $70.7 million, up 35.8% from the year before. It had a net loss of $29.3 million, a net profit margin of −41.5%. Diluted earnings per share came to −$0.79. Over five years revenue grew at an average rate of 11.9% a year.
See the FOCL stock overview for the latest quote and news, or the FOCL chart for price history and technical indicators.
FOCL income statement FAQ
What is EDAP TMS's annual revenue?
EDAP TMS reported total revenue of $70.7 million for fiscal year 2025, which ended on December 31, 2025. That was up 35.8% from $52.1 million the previous year.
Is EDAP TMS profitable?
No. EDAP TMS reported a net loss of $29.3 million in fiscal 2025, a net profit margin of −41.5%; its operating margin was −35.6%.
What is EDAP TMS's gross margin?
EDAP TMS's gross margin was 42.5% in fiscal 2025: for every $100 of revenue, EDAP TMS kept $43 after the direct cost of its products and services.
How much does EDAP TMS spend on research and development?
EDAP TMS spent $10.1 million on research and development in fiscal 2025, 14.3% of revenue.
How fast is EDAP TMS growing?
Revenue grew 11.9% a year on average over the last five fiscal years, from $40.3 million to $70.7 million.
What are EDAP TMS's earnings per share?
EDAP TMS earned $-0.79 per diluted share in fiscal 2025, compared with $0.02 a year earlier.
When will EDAP TMS report its next earnings?
EDAP TMS is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 after the market closes.
When does EDAP TMS's fiscal year end?
EDAP TMS's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on December 31, 2025.