GD Culture Group Limited (GDC) Income Statement
GDC 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsGDC revenue and net income
GDC profit margins
GDC growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| 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.
GDC quarterly EPS vs estimates
GD Culture beat the analyst EPS estimate in 1 of the last 1 quarters. Next report: November 2, 2026.
GDC income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $303,304 | $153,304 | $25.0M | $591,455 | $19.6M | $23.2M | $38.8M | $26.3M |
| Cost of revenue | $1.5M | $697,485 | $346,834 | $718 | $16.8M | $21,045 | $19.0M | $18.7M | $19.2M | $14.1M |
| Gross profit | −$1.5M | −$697,485 | −$346,834 | −$718 | $8.2M | $570,410 | $562,235 | $4.5M | $19.5M | $12.2M |
| Research & development | $2.3M | $797,500 | $2.1M | $0 | — | — | $351,794 | $261,021 | $18,071 | — |
| Sales, general & admin | $5.05T | $7.5M | $5.2M | $414,151 | $22.9M | $1.7M | $1.2M | — | — | — |
| Total operating expenses | $6.1M | $14.2M | $11.6M | $413,433 | $19.5M | $1.1M | $851,638 | $2.4M | $906,279 | $627,579 |
| Operating income | −$7.6M | −$14.2M | −$12.0M | −$414,151 | −$19.5M | −$496,775 | −$289,403 | $2.1M | −$906,279 | −$627,579 |
| Interest income | $6,435 | $8,671 | $47,093 | $23 | $51,233 | $8,123 | $2,022 | — | — | — |
| Interest expense | — | $81 | $81 | $87 | $96 | $18,235 | $23,251 | $16,992 | $173,268 | — |
| Income before taxes | −$186.9M | −$14.2M | −$11.9M | −$414,151 | −$19.5M | −$4.4M | −$285,484 | $2.0M | −$573,755 | −$541,616 |
| Income taxes | −$54,977 | −$32,101 | $327,822 | $1,146 | $1.3M | −$60,515 | $128,799 | $515,820 | $2.0M | $1.8M |
| Net income | −$186.9M | −$13.8M | −$12.5M | −$30.8M | −$27.0M | $2.5M | −$16.8M | $1.4M | −$573,755 | −$541,616 |
| EBITDA | −$185.4M | −$13.0M | −$11.6M | −$413,346 | −$18.2M | −$476,765 | −$148,283 | $287,904 | −$906,279 | −$627,579 |
| EPS (diluted) | −$814.99 | −$2.75 | −$2.25 | $6.40 | −$0.51 | −$0.17 | — | −$1.97 | −$1.22 | −$3.17 |
| Gross margin | — | — | −114.4% | −0.5% | 33.0% | 96.4% | 2.9% | 19.5% | 50.4% | 46.2% |
| Operating margin | — | — | −3,953.4% | −270.2% | −78.1% | −84.0% | −1.5% | 9.2% | −2.3% | −2.4% |
| Net margin | — | — | −4,128.3% | −20,105.1% | −107.8% | 424.5% | −85.9% | 6.3% | −1.5% | −2.1% |
| 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 | $0 | $0 | $0 | $0 | $0 | $0 | $775,744 | $0 | $0 | $0 | $0 | $0 |
| Cost of revenue | — | $372,313 | $432,776 | $440,555 | $457,186 | $176,017 | $387,872 | $246,319 | $204,316 | $183,556 | $150,000 | $163,163 |
| Gross profit | — | −$372,313 | −$432,776 | −$440,555 | −$457,186 | −$176,017 | $387,872 | −$246,319 | −$150,000 | −$183,556 | −$150,000 | −$295,336 |
| Research & development | $553,000 | $303,000 | $786,334 | $1.2M | $233,333 | $0 | $145,000 | $217,500 | $217,500 | $217,500 | $2.1M | $0 |
| Sales, general & admin | $2.3M | $1.35T | $1.9M | $1.2M | $1.3M | $937,877 | $710,070 | $875,976 | $1.9M | $4.0M | $5.2M | $1.6M |
| Total operating expenses | $2.8M | $1.3M | $2.2M | $2.0M | $1.6M | $937,877 | $6.8M | $1.1M | $3.6M | $4.2M | $8.0M | $1.6M |
| Operating income | −$2.8M | −$1.6M | −$2.6M | −$2.5M | −$1.6M | −$937,877 | −$6.8M | −$1.1M | −$3.6M | −$4.2M | −$8.2M | −$1.6M |
| Interest income | $0 | $0 | $41 | $2,179 | $2,179 | $2,118 | $36,712 | $10,381 | $13,056 | $21,946 | $42,570 | $46,891 |
| Interest expense | — | — | — | — | — | — | $0 | $0 | $29 | — | $29 | $52 |
| Income before taxes | −$52.2M | −$164.0M | −$198.2M | $13.8M | −$1.6M | −$935,759 | −$2.5M | −$3.8M | −$3.6M | −$4.2M | −$8.2M | −$1.4M |
| Income taxes | −$1,947 | $30,818 | −$1.7M | $1.7M | −$54,830 | $41,751 | −$9,435 | −$748 | −$22,956 | $1,038 | $327,822 | −$45,006 |
| Net income | −$52.2M | −$164.1M | −$196.5M | $12.1M | −$1.5M | −$977,510 | −$2.5M | −$3.7M | −$3.6M | −$4.0M | −$8.9M | −$3.4M |
| EBITDA | −$51.6M | −$163.7M | −$197.8M | $14.2M | −$1.3M | −$759,742 | −$2.1M | −$3.6M | −$2.0M | −$3.9M | −$8.2M | −$1.3M |
| EPS (diluted) | −$13.54 | — | — | $0.48 | −$0.10 | −$0.08 | −$0.23 | −$0.36 | −$0.39 | −$0.54 | — | −$1.16 |
| Gross margin | — | — | — | — | — | — | 50.0% | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | −871.5% | — | — | — | — | — |
| Net margin | — | — | — | — | — | — | −326.3% | — | — | — | — | — |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in GDC's financial statements (latest annual report filed March 27, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
GDC financial results
GD Culture reported no revenue in fiscal year 2025 (ended December 31, 2025). It had a net loss of $186.9 million. Diluted earnings per share came to −$814.99.
See the GDC stock overview for the latest quote and news, or the GDC chart for price history and technical indicators.
GDC income statement FAQ
Does GD Culture have revenue?
GD Culture reported no revenue for fiscal year 2025, which ended on December 31, 2025.
Is GD Culture profitable?
No. GD Culture reported a net loss of $186.9 million in fiscal 2025.
How much does GD Culture spend on research and development?
GD Culture spent $2.3 million on research and development in fiscal 2025.
What are GD Culture's earnings per share?
GD Culture earned $-814.99 per diluted share in fiscal 2025, compared with $-2.75 a year earlier.
When will GD Culture report its next earnings?
GD Culture is expected to report results for the quarter ending September 30, 2026 on November 2, 2026.
When does GD Culture's fiscal year end?
GD Culture's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 27, 2026.