Golden Sun Education Group Limited (GSUN) Income Statement
GSUN FY2025 at a glance
Fiscal year ended September 30, 2025 · U.S. dollarsGSUN revenue and net income
Where GSUN's revenue goes
FY2025Each bar shows an amount and its share of revenue. GSUN kept −14.3% of revenue as net income.
GSUN profit margins
GSUN growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +249.2% | +48.6% | +20.5% | — |
| Gross profit | −66.1% | −45.0% | −33.7% | — |
| 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.
GSUN quarterly EPS vs estimates
Golden Sun Education beat the analyst EPS estimate in 0 of the last 3 quarters.
GSUN income statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $35.5M | $10.2M | $6.2M | $10.8M | $15.0M | $14.0M | $15.2M |
| Cost of revenue | $34.7M | $7.8M | $4.4M | $6.0M | $6.2M | $7.7M | $7.1M |
| Gross profit | $801,775 | $2.4M | $1.8M | $4.8M | $8.8M | $6.3M | $8.1M |
| Sales, general & admin | $2.9M | $4.9M | $7.9M | $6.4M | $6.9M | $4.8M | $3.4M |
| Total operating expenses | $2.9M | $4.9M | $7.9M | $6.4M | $6.9M | $4.8M | $3.4M |
| Operating income | −$2.1M | −$2.6M | −$6.1M | −$1.5M | $2.0M | $1.7M | $4.7M |
| Interest expense | $340,474 | $243,530 | $331,692 | $213,894 | $212,023 | $108,974 | $147,016 |
| Income before taxes | −$6.0M | −$4.0M | −$5.6M | −$1.8M | $2.0M | $311,700 | $4.6M |
| Income taxes | −$3,554 | $18,617 | $136,838 | $354,529 | $659,858 | $256,779 | $1.1M |
| Net income | −$5.1M | −$3.7M | −$5.8M | −$2.1M | $2.0M | $42,011 | $3.4M |
| EBITDA | −$2.0M | −$3.2M | −$4.8M | −$1.4M | $2.3M | $141,389 | $5.3M |
| EPS (diluted) | −$0.58 | −$1.87 | −$3.03 | −$1.35 | $1.14 | $0.09 | $1.62 |
| Gross margin | 2.3% | 23.3% | 29.1% | 44.5% | 58.7% | 44.9% | 53.5% |
| Operating margin | −5.9% | −25.2% | −99.7% | −14.2% | 13.0% | 11.9% | 30.9% |
| Net margin | −14.3% | −36.5% | −94.0% | −19.8% | 13.2% | 0.3% | 22.2% |
| Jun '26 | Dec '25 | Jun '25 | Dec '24 | Jun '24 | Dec '23 | Sep '23 | Jun '23 | Dec '22 | Jun '22 | Mar '22 | Sep '21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $21.6M | $18.9M | $16.6M | $6.5M | $3.7M | $2.6M | $3.5M | $1.3M | $3.6M | $1.8M | $7.2M | $3.8M |
| Cost of revenue | $21.0M | $18.7M | $16.0M | $5.7M | $2.1M | $2.1M | $2.3M | $1.0M | $2.8M | $1.4M | $3.3M | $1.3M |
| Gross profit | $538,612 | $203,609 | $598,166 | $729,905 | $1.6M | $551,639 | $1.2M | $275,820 | $856,375 | $428,188 | $4.0M | $2.5M |
| Sales, general & admin | — | — | $1.8M | $2.1M | $1.5M | $2.6M | $5.3M | $1.1M | $3.4M | $1.7M | $3.0M | $2.9M |
| Total operating expenses | $3.8M | $1.1M | $1.8M | $2.1M | $2.8M | $2.6M | $5.3M | $1.3M | $3.4M | $1.7M | $3.0M | $2.9M |
| Operating income | −$3.2M | −$896,580 | −$1.2M | −$1.4M | −$1.2M | −$2.1M | −$4.1M | −$1.0M | −$2.5M | −$1.3M | $984,750 | −$434,440 |
| Interest expense | $163,782 | $174,822 | $165,652 | $132,246 | $111,284 | $188,725 | $142,967 | — | $96,669 | — | — | — |
| Income before taxes | −$3.7M | −$66,641 | −$5.9M | −$2.3M | −$1.7M | −$2.1M | −$3.5M | −$1.1M | −$2.6M | −$1.3M | $868,617 | −$263,720 |
| Income taxes | −$10,977 | −$3,554 | — | −$120,164 | $138,781 | −$44,004 | $180,842 | $22,002 | −$126,023 | $63,011 | $480,552 | $518 |
| Net income | −$3.7M | −$292,653 | −$4.8M | −$1.9M | −$1.8M | −$2.1M | −$3.7M | −$1.1M | −$2.5M | −$1.2M | $332,069 | $519,924 |
| EBITDA | −$3.2M | −$827,725 | −$1.1M | −$1.3M | −$1.3M | −$1.7M | −$3.1M | −$1.0M | −$1.2M | −$1.2M | $532,042 | $330,222 |
| EPS (diluted) | — | — | −$2.94 | −$0.98 | — | — | — | — | −$0.15 | — | — | — |
| Gross margin | 2.5% | 1.1% | 3.6% | 11.3% | 44.0% | 21.0% | 35.2% | 21.0% | 23.7% | 23.7% | 54.9% | 66.4% |
| Operating margin | −15.0% | −4.7% | −7.3% | −21.3% | −32.1% | −79.0% | −115.2% | −79.0% | −70.0% | −70.0% | 13.7% | −11.5% |
| Net margin | −17.1% | −1.5% | −28.9% | −30.2% | −47.4% | −80.3% | −104.2% | −80.3% | −68.5% | −68.5% | 4.6% | 13.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in GSUN's financial statements (latest annual report filed February 13, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
GSUN financial results
In fiscal year 2025 (ended September 30, 2025), Golden Sun Education reported revenue of $35.5 million, up 249.2% from the year before. It had a net loss of $5.1 million, a net profit margin of −14.3%. Diluted earnings per share came to −$0.58. Over five years revenue grew at an average rate of 20.5% a year.
See the GSUN stock overview for the latest quote and news, or the GSUN chart for price history and technical indicators.
GSUN income statement FAQ
What is Golden Sun Education's annual revenue?
Golden Sun Education reported total revenue of $35.5 million for fiscal year 2025, which ended on September 30, 2025. That was up 249.2% from $10.2 million the previous year.
Is Golden Sun Education profitable?
No. Golden Sun Education reported a net loss of $5.1 million in fiscal 2025, a net profit margin of −14.3%; its operating margin was −5.9%.
What is Golden Sun Education's gross margin?
Golden Sun Education's gross margin was 2.3% in fiscal 2025: for every $100 of revenue, Golden Sun Education kept $2 after the direct cost of its products and services.
How fast is Golden Sun Education growing?
Revenue grew 20.5% a year on average over the last five fiscal years, from $14.0 million to $35.5 million.
What are Golden Sun Education's earnings per share?
Golden Sun Education earned $-0.58 per diluted share in fiscal 2025, compared with $-1.87 a year earlier.
When does Golden Sun Education's fiscal year end?
Golden Sun Education's fiscal year ends in September. The latest annual report covers the year ended September 30, 2025 and was filed on February 13, 2026.