Freight Technologies, Inc. (FRGT) Income Statement

NASDAQ: FRGTRevenue, profits, margins and EPS over 10 years.

FRGT 2025 at a glance

Fiscal year ended December 31, 2025 · U.S. dollars
Revenue−4.9%
$13.1M
2025 · hover or tap a bar for each year
2016: $18.6M (+91.4%)2017: $25.1M (+34.9%)2018: $20.9M (−16.9%)2019: $3.6M (−83.0%)2020: $365,632 (−89.7%)2021: $21.5M (+5,773.2%)2022: $25.9M (+20.6%)2023: $17.1M (−34.1%)2024: $13.7M (−19.5%)2025: $13.1M (−4.9%)
20162025
Gross profit
−$3.3M
2025 · hover or tap a bar for each year
2016: $18.2M (+92.2%)2017: $24.4M (+33.8%)2018: $20.2M (−17.3%)2019: $3.5M (−82.7%)2020: −$1.4M (−140.6%)2021: −$2.1M2022: −$2.9M2023: −$5.0M2024: −$4.4M2025: −$3.3M
20162025
Operating income
−$5.9M
2025 · hover or tap a bar for each year
2016: $16.6M (+114.2%)2017: $20.6M (+23.8%)2018: −$2.9M (−114.3%)2019: −$56.4M2020: −$9.1M2021: −$4.8M2022: −$7.1M2023: −$8.3M2024: −$6.5M2025: −$5.9M
20162025
Net income
−$7.9M
2025 · hover or tap a bar for each year
2016: $13.9M (+147.5%)2017: $24.0M (+73.1%)2018: −$3.8M (−115.9%)2019: −$62.0M2020: −$9.1M2021: −$8.2M2022: −$8.2M2023: −$9.3M2024: −$5.6M2025: −$7.9M
20162025
EPS (diluted)
−$23.79
2025 · hover or tap a bar for each year
2016: $0.69 (+146.4%)2017: $53695.72 (+7,781,888.4%)2018: −$94.99 (−100.2%)2019: −$1402.622020: −$337.372021: −$0.562022: −$5.022023: −$425.922024: −$255.762025: −$23.79
20162025
Net profit margin−19.7 pts
−60.5%
2025 · hover or tap a point for each year
2016: 74.6% (+16.9 pts)2017: 95.7% (+21.1 pts)2018: −18.3% (−114.0 pts)2019: −1,742.1% (−1,723.8 pts)2020: −2,482.1% (−740.0 pts)2021: −38.2% (+2,443.9 pts)2022: −31.6% (+6.6 pts)2023: −54.7% (−23.0 pts)2024: −40.8% (+13.9 pts)2025: −60.5% (−19.7 pts)
20162025

FRGT revenue and net income

RevenueNet incomeNet margin (right axis)

Where FRGT's revenue goes

2025
Revenue
$13.1M100.0%
Cost of revenue
−$16.4M−125.5%
Gross profit
−$3.3M−25.5%
Sales, general & admin
−$6.9M−53.0%
Other operating expenses
$4.4M33.4%
Operating income
−$5.9M−45.1%
Interest & other expense
−$2.0M−15.0%
Income taxes
−$52,377−0.4%
Net income
−$7.9M−60.5%

Each bar shows an amount and its share of revenue. FRGT kept −60.5% of revenue as net income.

FRGT profit margins

GrossOperatingNet

FRGT growth rates

to 2025
1 year3 years5 years10 years
Revenue−4.9%−20.4%+104.5%+3.0%
Gross profit————
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.

FRGT quarterly EPS vs estimates

Reported EPSAnalyst estimate

Freight Technologies beat the analyst EPS estimate in 1 of the last 1 quarters. Next report: December 8, 2026.

FRGT income statement

Freight Technologies, Inc. annual income statement
2025202420232022202120202019201820172016
Revenue$13.1M$13.7M$17.1M$25.9M$21.5M$365,632$3.6M$20.9M$25.1M$18.6M
Cost of revenue$16.4M$18.2M$22.1M$28.8M$23.6M$10.6M$62,481$714,886$729,752$390,051
Gross profit−$3.3M−$4.4M−$5.0M−$2.9M−$2.1M−$1.4M$3.5M$20.2M$24.4M$18.2M
Research & development———————$3.5M$92,683—
Sales, general & admin$6.9M$7.3M$9.1M$8.5M$6.3M$5.0M$2.7M$1.9M$3.5M—
Total operating expenses$2.6M$2.0M$3.2M$4.1M$2.7M$9.5M$59.9M$23.1M$3.8M$1.6M
Operating income−$5.9M−$6.5M−$8.3M−$7.1M−$4.8M−$9.1M−$56.4M−$2.9M$20.6M$16.6M
Interest income$0$1,770$8,880———$90$0——
Interest expense$762,399$675,628$816,819$907,013$1.1M$334,170$428,773$340,481——
Income before taxes−$7.8M−$5.5M−$9.2M−$8.1M−$8.2M−$9.1M−$62.0M−$5.5M$24.7M$16.3M
Income taxes$52,377$67,486$104,948$90,511$40,264$23,051$7,243−$1.7M$633,315$2.5M
Net income−$7.9M−$5.6M−$9.3M−$8.2M−$8.2M−$9.1M−$62.0M−$3.8M$24.0M$13.9M
EBITDA−$6.6M−$4.4M−$8.0M−$6.9M−$6.7M−$9.1M−$61.9M−$5.5M$20.6M$16.4M
EPS (diluted)−$23.79−$255.76−$425.92−$5.02−$0.56−$337.37−$1402.62−$94.99$53695.72$0.69
Gross margin−25.5%−32.3%−29.4%−11.4%−9.8%−387.8%98.2%96.6%97.1%97.9%
Operating margin−45.1%−47.3%−48.4%−27.3%−22.4%−2,492.7%−1,584.2%−14.1%82.0%89.4%
Net margin−60.5%−40.8%−54.7%−31.6%−38.2%−2,482.1%−1,742.1%−18.3%95.7%74.6%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in FRGT's financial statements (latest annual report filed May 14, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.

FRGT financial results

In fiscal year 2025 (ended December 31, 2025), Freight Technologies reported revenue of $13.1 million, down 4.9% from the year before. It had a net loss of $7.9 million, a net profit margin of −60.5%. Diluted earnings per share came to −$23.79. Over five years revenue grew at an average rate of 104.5% a year.

See the FRGT stock overview for the latest quote and news, or the FRGT chart for price history and technical indicators.

FRGT income statement FAQ

What is Freight Technologies's annual revenue?

Freight Technologies reported total revenue of $13.1 million for fiscal year 2025, which ended on December 31, 2025. That was down 4.9% from $13.7 million the previous year.

Is Freight Technologies profitable?

No. Freight Technologies reported a net loss of $7.9 million in fiscal 2025, a net profit margin of −60.5%; its operating margin was −45.1%.

What is Freight Technologies's gross margin?

Freight Technologies's gross margin was −25.5% in fiscal 2025: for every $100 of revenue, Freight Technologies kept $-25 after the direct cost of its products and services.

How fast is Freight Technologies growing?

Revenue grew 104.5% a year on average over the last five fiscal years, from $0.4 million to $13.1 million.

What are Freight Technologies's earnings per share?

Freight Technologies earned $-23.79 per diluted share in fiscal 2025, compared with $-255.76 a year earlier.

When will Freight Technologies report its next earnings?

Freight Technologies is expected to report results for the quarter ending September 30, 2026 on December 8, 2026.

When does Freight Technologies's fiscal year end?

Freight Technologies's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on May 14, 2026.

Software - Application income statements