The Gabelli Healthcare & Wellness Trust (GRX) Income Statement
GRX 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsGRX revenue and net income
Where GRX's revenue goes
2025Each bar shows an amount and its share of revenue. GRX kept 15.0% of revenue as net income.
GRX profit margins
GRX growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +368.7% | — | −9.4% | +25.9% |
| Gross profit | +3,630.4% | — | −12.5% | +27.9% |
| Operating income | +76.7% | — | −27.8% | +18.9% |
| Net income | — | — | −37.6% | +12.6% |
| EPS (diluted) | — | — | −35.5% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
GRX quarterly EPS vs estimates
Gabelli Healthcare & Wellness beat the analyst EPS estimate in 3 of the last 5 quarters.
GRX income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.3M | $3.3M | $4.0M | $0 | $43.5M | $25.0M | $53.8M | $0 | $32.5M | $898,334 |
| Cost of revenue | $2.5M | $2.9M | $2.8M | $3.4M | $5.0M | $2.7M | $2.9M | $3.0M | $3.0M | $845,683 |
| Gross profit | $12.8M | $342,909 | $1.2M | −$46.7M | $43.5M | $25.0M | $53.8M | −$1.5M | $32.5M | $52,651 |
| Sales, general & admin | $477,778 | $420,154 | $542,644 | $730,223 | $753,548 | $825,282 | $602,505 | $750,290 | $815,035 | $628,934 |
| Total operating expenses | $8.1M | $627,910 | $817,281 | $727,896 | $751,268 | $823,724 | $600,646 | $748,188 | $812,868 | $0 |
| Operating income | $4.7M | $2.7M | $3.2M | −$44.3M | $42.7M | $24.2M | $53.2M | −$2.3M | $31.7M | −$576,283 |
| Interest income | $843,947 | $380,968 | $636,613 | $462,177 | $45.0M | $66,489 | $314,506 | $350,756 | $152,426 | — |
| Interest expense | $2.5M | $2.9M | $2.8M | $3.2M | $1.9M | $57,780 | $0 | $117 | $94 | $0 |
| Income before taxes | $2.3M | −$285,000 | $422,802 | −$47.4M | $42.7M | $24.2M | $53.2M | −$2.3M | $31.7M | −$577,283 |
| Income taxes | — | — | −$167,895 | −$228,485 | −$2.2M | −$351,672 | −$170,226 | −$161,141 | −$52,516 | $0 |
| Net income | $2.3M | −$285,000 | $422,802 | −$47.4M | $42.7M | $24.2M | $53.2M | −$2.3M | $31.7M | −$15.0M |
| EBITDA | $4.8M | $2.7M | $3.2M | −$44.3M | $42.7M | $24.2M | $53.2M | −$2.3M | $31.7M | — |
| EPS (diluted) | $0.15 | −$0.02 | $0.03 | −$2.77 | $2.48 | $1.34 | $2.92 | −$0.12 | — | — |
| Gross margin | 83.7% | 10.5% | 30.9% | — | 100.0% | 100.0% | 100.0% | — | 100.0% | 5.9% |
| Operating margin | 31.0% | 82.3% | 79.8% | — | 98.3% | 96.7% | 98.9% | — | 97.5% | −64.2% |
| Net margin | 15.0% | −8.7% | 10.5% | — | 98.3% | 96.7% | 98.9% | — | 97.5% | −1,672.4% |
| Jun '26 | Dec '25 | Jun '25 | Dec '24 | Jun '24 | Dec '23 | Jun '23 | Dec '22 | Jun '22 | Dec '21 | Jun '21 | Dec '20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.8M | $6.4M | $8.9M | $8.7M | $6.4M | $12.9M | $2.8M | $8.1M | $7.5M | $8.8M | $14.6M | $1.2M |
| Cost of revenue | $1.3M | $1.2M | $1.3M | $1.4M | $1.4M | $1.5M | $1.5M | $1.6M | $1.8M | $1.8M | $1.7M | $1.5M |
| Gross profit | $6.5M | $5.2M | $7.6M | $7.3M | $5.0M | $11.4M | $1.2M | $6.5M | $5.7M | $7.0M | $12.9M | −$387,779 |
| Sales, general & admin | — | — | — | — | — | — | — | — | $234,310 | $256,660 | $164,260 | $196,360 |
| Total operating expenses | $307,722 | $325,149 | $7.7M | $5.0M | −$4.6M | $14.4M | −$4.9M | $5.6M | $50.8M | −$8.3M | −$16.4M | $35 |
| Operating income | $6.2M | $4.9M | −$158,767 | $2.3M | $384,834 | −$3.0M | $6.2M | $842,160 | −$45.1M | $15.4M | $29.3M | $40.8M |
| Interest income | — | — | — | — | — | — | — | — | $45.2M | $15.6M | $29.3M | $41.1M |
| Interest expense | $1.8M | $1.1M | — | — | — | $1.4M | $1.4M | $1.6M | $1.6M | — | — | — |
| Income before taxes | $4.4M | $3.8M | −$1.5M | $821,244 | −$1.1M | −$4.4M | $4.8M | −$731,215 | −$46.7M | $14.2M | $28.5M | $40.8M |
| Income taxes | — | — | — | — | — | −$0 | $0 | −$0 | −$3 | $1 | $2 | $2 |
| Net income | $4.4M | $3.8M | −$1.5M | $821,244 | −$1.1M | −$4.4M | $4.8M | −$731,215 | $17.2M | $14.2M | $17.3M | $17.8M |
| EBITDA | $6.2M | $4.9M | −$158,767 | $2.3M | $384,834 | −$3.0M | $6.2M | $842,159 | −$45.1M | $31.4M | $57.8M | $81.8M |
| EPS (diluted) | — | — | — | — | — | — | — | −$0.04 | −$2.73 | $0.83 | $1.65 | $2.35 |
| Gross margin | 83.5% | 81.4% | 85.4% | 84.0% | 78.3% | 88.6% | 44.8% | 80.0% | 76.1% | 79.6% | 88.6% | −33.6% |
| Operating margin | 79.6% | 76.3% | −1.8% | 26.6% | 6.0% | −23.0% | 222.8% | 10.4% | −599.8% | 173.9% | 201.5% | 3,538.2% |
| Net margin | 56.1% | 59.5% | −17.2% | 9.5% | −17.3% | −33.9% | 173.3% | −9.1% | 228.5% | 161.0% | 118.7% | 1,545.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in GRX's financial statements (latest annual report filed December 31, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
GRX financial results
In fiscal year 2025 (ended December 31, 2025), Gabelli Healthcare & Wellness reported revenue of $15.3 million, up 368.7% from the year before. It had net income of $2.3 million, a net profit margin of 15.0%. Diluted earnings per share came to $0.15. Over five years revenue grew at an average rate of −9.4% a year.
See the GRX stock overview for the latest quote and news, or the GRX chart for price history and technical indicators.
GRX income statement FAQ
What is Gabelli Healthcare & Wellness's annual revenue?
Gabelli Healthcare & Wellness reported total revenue of $15.3 million for fiscal year 2025, which ended on December 31, 2025. That was up 368.7% from $3.3 million the previous year.
Is Gabelli Healthcare & Wellness profitable?
Yes. Gabelli Healthcare & Wellness reported net income of $2.3 million in fiscal 2025, a net profit margin of 15.0%; its operating margin was 31.0%.
What is Gabelli Healthcare & Wellness's gross margin?
Gabelli Healthcare & Wellness's gross margin was 83.7% in fiscal 2025: for every $100 of revenue, Gabelli Healthcare & Wellness kept $84 after the direct cost of its products and services.
How fast is Gabelli Healthcare & Wellness growing?
Revenue grew −9.4% a year on average over the last five fiscal years, from $25.0 million to $15.3 million.
What are Gabelli Healthcare & Wellness's earnings per share?
Gabelli Healthcare & Wellness earned $0.15 per diluted share in fiscal 2025, compared with $-0.02 a year earlier.
When does Gabelli Healthcare & Wellness's fiscal year end?
Gabelli Healthcare & Wellness's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on December 31, 2025.