GridAI Technologies Corp. (GRDX) Income Statement
GRDX 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsGRDX revenue and net income
Where GRDX's revenue goes
2025Each bar shows an amount and its share of revenue. GRDX kept −17,634.4% of revenue as net income.
GRDX profit margins
GRDX 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.
GRDX quarterly EPS vs estimates
GridAI Technologies beat the analyst EPS estimate in 1 of the last 1 quarters. Next report: November 18, 2026.
GRDX income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $36,251 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cost of revenue | $1.3M | $48,946 | $29,274 | $106,207 | $537,400 | $571,145 | $976,982 | $798,446 | $753,998 | $734,500 |
| Gross profit | −$1.2M | −$48,946 | −$29,274 | −$106,207 | −$537,400 | −$571,145 | −$976,982 | −$798,446 | −$753,998 | −$734,500 |
| Research & development | $925,482 | $904 | $5.0M | $691,257 | $38.3M | $18.6M | $8,680 | $5,771 | $2,395 | $2,496 |
| Sales, general & admin | $5.5M | $14.9M | $10.7M | $12.0M | $18.4M | $7.3M | $6,063 | $7,450 | $7,685 | $4,129 |
| Total operating expenses | $5.9M | $15.6M | $15.8M | $12.7M | $59.1M | $25.9M | $13.4M | $12.0M | $9.3M | $5.9M |
| Operating income | −$7.1M | −$15.6M | −$15.8M | −$12.7M | −$59.1M | −$26.4M | −$14.4M | −$12.8M | −$10.1M | −$6.6M |
| Interest income | — | — | $2,531 | $8,415 | $1,173 | — | — | — | — | — |
| Interest expense | $490,835 | — | $22,463 | $15,879 | $11,235 | $5.8M | $433,939 | $101,846 | $875,199 | $5.9M |
| Income before taxes | −$6.6M | −$15.6M | −$15.8M | −$14.6M | −$58.5M | −$32.7M | −$15.2M | −$13.5M | −$11.1M | −$14.6M |
| Income taxes | −$398,736 | $0 | — | — | — | — | — | — | — | — |
| Net income | −$6.4M | −$18.1M | −$15.8M | −$14.6M | −$58.5M | −$32.7M | −$15.2M | −$13.5M | −$11.1M | −$14.6M |
| EBITDA | −$6.5M | −$15.6M | −$15.7M | −$14.6M | −$58.0M | −$25.9M | −$13.8M | −$12.6M | −$9.5M | −$7.9M |
| EPS (diluted) | −$2.17 | −$18.63 | −$258.22 | −$11.11 | −$6.54 | −$1.44 | −$0.73 | −$0.96 | −$1.05 | −$0.53 |
| Gross margin | −3,398.9% | — | — | — | — | — | — | — | — | — |
| Operating margin | −19,540.0% | — | — | — | — | — | — | — | — | — |
| Net margin | −17,634.4% | — | — | — | — | — | — | — | — | — |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $85,876 | $38,208 | $36,251 | $0 | $0 | $95,778 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cost of revenue | $697,103 | $651,948 | — | — | $0 | $47,889 | — | $1,336 | $12,293 | $7,319 | $23,413 | $23,125 |
| Gross profit | −$611,227 | −$613,740 | — | — | $0 | $47,889 | — | −$1,336 | −$12,293 | −$7,319 | −$23,413 | −$23,125 |
| Research & development | $8,424 | $631,380 | $893,402 | $6,673 | $10,631 | $15,827 | $21,419 | $207,000 | $554,662 | $1.3M | $1.0M | $1.4M |
| Sales, general & admin | $3.0M | $2.4M | $3.1M | $928,114 | $628,233 | $805,559 | $1.2M | $1.7M | $8.5M | $2.8M | $2.4M | $2.8M |
| Total operating expenses | $2.4M | $3.0M | $4.7M | $934,787 | $638,864 | $821,386 | $1.2M | $1.9M | $9.1M | $4.1M | $3.4M | $4.2M |
| Operating income | −$3.0M | −$3.6M | −$4.7M | −$934,787 | −$638,864 | −$821,386 | −$1.2M | −$1.9M | −$9.1M | −$4.1M | −$3.4M | −$4.2M |
| Interest income | — | — | — | — | — | $0 | — | — | — | — | — | — |
| Interest expense | $387,435 | $522,100 | — | $36,069 | $36,067 | $17,902 | — | — | $66,202 | $7,048 | $1,250 | $4,973 |
| Income before taxes | −$13.1M | −$3.7M | −$4.0M | −$970,856 | −$674,931 | −$948,105 | −$1.2M | −$1.9M | −$9.1M | −$4.1M | −$3.4M | −$4.2M |
| Income taxes | −$55,459 | −$297,629 | — | — | — | $10.6M | $10.6M | $4.3M | −$14.9M | — | — | — |
| Net income | −$12.8M | −$3.6M | −$3.0M | −$1.2M | −$998,271 | −$1.3M | −$12.2M | −$2.6M | $5.6M | −$4.1M | −$3.4M | −$4.2M |
| EBITDA | −$2.5M | −$2.6M | −$4.1M | −$934,787 | −$635,223 | −$930,203 | −$1.2M | −$1.9M | −$9.1M | −$4.1M | −$3.4M | −$4.2M |
| EPS (diluted) | −$0.44 | −$0.82 | −$0.73 | −$0.75 | −$0.48 | −$0.21 | −$7.78 | −$0.43 | $1.15 | −$8.03 | −$27.62 | −$113.18 |
| Gross margin | −711.8% | −1,606.3% | — | — | — | 50.0% | — | — | — | — | — | — |
| Operating margin | −3,536.1% | −9,460.1% | −12,933.2% | — | — | −857.6% | — | — | — | — | — | — |
| Net margin | −14,927.4% | −9,297.7% | −8,225.9% | — | — | −1,315.1% | — | — | — | — | — | — |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in GRDX's financial statements (latest annual report filed May 1, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
GRDX financial results
In fiscal year 2025 (ended December 31, 2025), GridAI Technologies reported revenue of $0.0 million. It had a net loss of $6.4 million, a net profit margin of −17,634.4%. Diluted earnings per share came to −$2.17.
See the GRDX stock overview for the latest quote and news, or the GRDX chart for price history and technical indicators.
GRDX income statement FAQ
What is GridAI Technologies's annual revenue?
GridAI Technologies reported total revenue of $0.0 million for fiscal year 2025, which ended on December 31, 2025.
Is GridAI Technologies profitable?
No. GridAI Technologies reported a net loss of $6.4 million in fiscal 2025, a net profit margin of −17,634.4%; its operating margin was −19,540.0%.
What is GridAI Technologies's gross margin?
GridAI Technologies's gross margin was −3,398.9% in fiscal 2025: for every $100 of revenue, GridAI Technologies kept $-3399 after the direct cost of its products and services.
How much does GridAI Technologies spend on research and development?
GridAI Technologies spent $0.9 million on research and development in fiscal 2025, 2,553.0% of revenue.
What are GridAI Technologies's earnings per share?
GridAI Technologies earned $-2.17 per diluted share in fiscal 2025, compared with $-18.63 a year earlier.
When will GridAI Technologies report its next earnings?
GridAI Technologies is expected to report results for the quarter ending September 30, 2026 on November 18, 2026.
When does GridAI Technologies's fiscal year end?
GridAI Technologies's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on May 1, 2026.