Here Group Limited (HERE) Income Statement

NASDAQ: HERERevenue, profits, margins and EPS over 2 years.

HERE FY2026 at a glance

Fiscal year ended June 30, 2026 · U.S. dollars
Revenue−78.1%
$596.5M
FY2026 · hover or tap a bar for each year
FY2025: $2.73BFY2026: $596.5M (−78.1%)
FY2025FY2026
Gross profit−91.1%
$197.1M
FY2026 · hover or tap a bar for each year
FY2025: $2.22BFY2026: $197.1M (−91.1%)
FY2025FY2026
Operating income−142.9%
−$170.2M
FY2026 · hover or tap a bar for each year
FY2025: $396.9MFY2026: −$170.2M (−142.9%)
FY2025FY2026
Net income−82.6%
$62.4M
FY2026 · hover or tap a bar for each year
FY2025: $358.7MFY2026: $62.4M (−82.6%)
FY2025FY2026
EPS (diluted)−135.1%
−$0.79
FY2026 · hover or tap a bar for each year
FY2025: $2.25FY2026: −$0.79 (−135.1%)
FY2025FY2026
Net profit margin−2.7 pts
10.5%
FY2026 · hover or tap a point for each year
FY2025: 13.2%FY2026: 10.5% (−2.7 pts)
FY2025FY2026

HERE revenue and net income

RevenueNet incomeNet margin (right axis)

Where HERE's revenue goes

FY2026
Revenue
$596.5M100.0%
Cost of revenue
−$399.3M−66.9%
Gross profit
$197.1M33.1%
Research & development
−$44.2M−7.4%
Other operating expenses
−$323.1M−54.2%
Operating income
−$170.2M−28.5%
Interest & other expense
−$96.0M−16.1%
Income taxes
$11.5M1.9%
Net income
$62.4M10.5%

Each bar shows an amount and its share of revenue. HERE kept 10.5% of revenue as net income.

HERE profit margins

GrossOperatingNet

HERE growth rates

to FY2026
1 year3 years5 years10 years
Revenue−78.1%———
Gross profit−91.1%———
Operating income−142.9%———
Net income−82.6%———
EPS (diluted)−135.1%———

1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.

HERE quarterly EPS vs estimates

Reported EPSAnalyst estimate

Here beat the analyst EPS estimate in 3 of the last 4 quarters. Next report: December 1, 2026.

HERE income statement

FY2026FY2025
Revenue$596.5M$2.73B
Cost of revenue$399.3M$503.7M
Gross profit$197.1M$2.22B
Research & development$44.2M$98.5M
Sales, general & admin—$1.73B
Total operating expenses$367.4M$1.82B
Operating income−$170.2M$396.9M
Income before taxes−$266.3M$469.5M
Income taxes−$11.5M$112.9M
Net income$62.4M$358.7M
EBITDA−$170.2M$478.0M
EPS (diluted)−$0.79$2.25
Gross margin33.1%81.5%
Operating margin−28.5%14.6%
Net margin10.5%13.2%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in HERE's financial statements (latest annual report filed June 30, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.

HERE financial results

In fiscal year 2026 (ended June 30, 2026), Here reported revenue of $596.5 million, down 78.1% from the year before. It had net income of $62.4 million (down 82.6%), a net profit margin of 10.5%. Diluted earnings per share came to −$0.79.

See the HERE stock overview for the latest quote and news, or the HERE chart for price history and technical indicators.

HERE income statement FAQ

What is Here's annual revenue?

Here reported total revenue of $596.5 million for fiscal year 2026, which ended on June 30, 2026. That was down 78.1% from $2.7 billion the previous year.

Is Here profitable?

Yes. Here reported net income of $62.4 million in fiscal 2026, a net profit margin of 10.5%; its operating margin was −28.5%.

What is Here's gross margin?

Here's gross margin was 33.1% in fiscal 2026: for every $100 of revenue, Here kept $33 after the direct cost of its products and services.

How much does Here spend on research and development?

Here spent $44.2 million on research and development in fiscal 2026, 7.4% of revenue.

What are Here's earnings per share?

Here earned $-0.79 per diluted share in fiscal 2026, compared with $2.25 a year earlier.

When will Here report its next earnings?

Here is expected to report results for the quarter ending September 30, 2026 on December 1, 2026.

When does Here's fiscal year end?

Here's fiscal year ends in June. The latest annual report covers the year ended June 30, 2026 and was filed on June 30, 2026.

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