Gauzy Ltd. (GAUZ) Income Statement
GAUZ 2024 at a glance
Fiscal year ended December 31, 2024 · U.S. dollarsGAUZ revenue and net income
Where GAUZ's revenue goes
2024Each bar shows an amount and its share of revenue. GAUZ kept −51.4% of revenue as net income.
GAUZ profit margins
GAUZ growth rates
to 2024| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +32.8% | +141.9% | — | — |
| Gross profit | +82.7% | +145.0% | — | — |
| 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.
GAUZ quarterly EPS vs estimates
Gauzy beat the analyst EPS estimate in 0 of the last 6 quarters.
GAUZ income statement
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Revenue | $103.5M | $78.0M | $49.0M | $7.3M | $4.7M |
| Cost of revenue | $73.8M | $61.7M | $43.1M | $5.3M | $3.3M |
| Gross profit | $29.7M | $16.3M | $6.0M | $2.0M | $1.4M |
| Research & development | $17.6M | $16.0M | $12.2M | $8.1M | $5.9M |
| Sales, general & admin | $38.3M | $31.5M | $23.5M | $8.1M | $6.3M |
| Total operating expenses | $60.5M | $47.5M | $35.8M | $16.3M | $12.1M |
| Operating income | −$30.8M | −$31.2M | −$29.8M | −$14.3M | −$10.7M |
| Interest expense | $11.5M | $13.5M | $3.8M | $207,000 | $269,000 |
| Income before taxes | −$53.1M | −$79.1M | −$37.9M | −$17.1M | −$12.4M |
| Income taxes | $62,000 | $183,000 | $44,000 | $141,000 | $43,000 |
| Net income | −$53.2M | −$79.3M | −$37.9M | −$17.2M | −$12.5M |
| EBITDA | −$34.9M | −$59.9M | −$28.5M | −$16.3M | −$11.7M |
| EPS (diluted) | −$4.42 | −$83.20 | −$39.78 | — | — |
| Gross margin | 28.7% | 20.9% | 12.2% | 27.7% | 29.8% |
| Operating margin | −29.7% | −40.1% | −60.8% | −195.4% | −226.1% |
| Net margin | −51.4% | −101.7% | −77.3% | −235.5% | −262.9% |
| Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | Mar '23 | Dec '22 | Sep '22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $20.1M | $22.4M | $31.1M | $23.3M | $24.4M | $24.7M | $21.9M | $18.7M | $19.9M | $17.4M | $16.7M | $11.7M |
| Cost of revenue | $15.8M | $16.6M | $19.8M | $17.7M | $18.8M | $19.5M | $16.7M | $14.6M | $16.8M | $13.7M | $14.8M | $9.9M |
| Gross profit | $4.3M | $5.7M | $11.4M | $5.6M | $5.6M | $5.2M | $5.3M | $4.1M | $3.2M | $3.8M | $1.9M | $1.8M |
| Research & development | $4.9M | $3.5M | $4.5M | $4.6M | $4.1M | $4.4M | $4.4M | $4.4M | $3.8M | $3.4M | $3.8M | $3.1M |
| Sales, general & admin | $10.2M | $9.4M | $9.8M | $8.7M | $9.4M | $10.4M | $10.4M | $8.0M | $7.6M | $5.5M | $6.2M | $4.8M |
| Total operating expenses | $16.8M | $14.4M | $15.8M | $14.3M | $13.6M | $14.8M | $14.8M | $12.4M | $11.4M | $9.0M | $9.9M | $7.9M |
| Operating income | −$12.5M | −$8.7M | −$4.5M | −$8.8M | −$8.0M | −$9.6M | −$9.5M | −$8.3M | −$8.2M | −$5.2M | −$8.1M | −$6.1M |
| Interest expense | $2.3M | $1.9M | $2.6M | $1.2M | $3.2M | $4.4M | $4.5M | $4.1M | $2.0M | $2.9M | $1.1M | $785,000 |
| Income before taxes | −$10.7M | −$10.7M | −$11.3M | −$5.5M | −$23.1M | −$13.2M | −$20.5M | −$21.3M | −$18.8M | −$18.5M | −$12.5M | −$7.4M |
| Income taxes | $16,000 | $55,000 | $30,000 | −$52,000 | $22,000 | $62,000 | $148,000 | −$20,000 | $41,000 | $14,000 | −$24,000 | $28,000 |
| Net income | −$10.7M | −$10.8M | −$11.4M | −$5.5M | −$23.1M | −$13.2M | −$20.7M | −$21.3M | −$18.8M | −$18.5M | −$12.5M | −$7.4M |
| EBITDA | −$6.2M | −$6.7M | −$6.7M | −$2.6M | −$18.3M | −$7.2M | −$14.8M | −$15.5M | −$15.4M | −$14.2M | −$7.6M | −$5.4M |
| EPS (diluted) | −$0.67 | −$0.48 | −$0.61 | −$0.42 | −$0.88 | −$2.51 | — | — | — | — | — | — |
| Gross margin | 21.4% | 25.6% | 36.5% | 23.9% | 22.8% | 21.0% | 24.1% | 21.8% | 15.9% | 21.6% | 11.3% | 15.6% |
| Operating margin | −62.4% | −38.9% | −14.3% | −37.6% | −32.7% | −38.8% | −43.2% | −44.7% | −41.3% | −29.8% | −48.3% | −52.2% |
| Net margin | −53.5% | −48.2% | −36.5% | −23.6% | −94.6% | −53.6% | −94.2% | −114.0% | −94.3% | −106.2% | −75.1% | −63.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in GAUZ's financial statements (latest annual report filed March 11, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
GAUZ financial results
In fiscal year 2024 (ended December 31, 2024), Gauzy reported revenue of $103.5 million, up 32.8% from the year before. It had a net loss of $53.2 million, a net profit margin of −51.4%. Diluted earnings per share came to −$4.42.
See the GAUZ stock overview for the latest quote and news, or the GAUZ chart for price history and technical indicators.
GAUZ income statement FAQ
What is Gauzy's annual revenue?
Gauzy reported total revenue of $103.5 million for fiscal year 2024, which ended on December 31, 2024. That was up 32.8% from $78.0 million the previous year.
Is Gauzy profitable?
No. Gauzy reported a net loss of $53.2 million in fiscal 2024, a net profit margin of −51.4%; its operating margin was −29.7%.
What is Gauzy's gross margin?
Gauzy's gross margin was 28.7% in fiscal 2024: for every $100 of revenue, Gauzy kept $29 after the direct cost of its products and services.
How much does Gauzy spend on research and development?
Gauzy spent $17.6 million on research and development in fiscal 2024, 17.0% of revenue.
What are Gauzy's earnings per share?
Gauzy earned $-4.42 per diluted share in fiscal 2024, compared with $-83.20 a year earlier.
When does Gauzy's fiscal year end?
Gauzy's fiscal year ends in December. The latest annual report covers the year ended December 31, 2024 and was filed on March 11, 2025.