HUB Cyber Security (Israel) Ltd. (HUBC) Income Statement
HUBC 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsHUBC revenue and net income
Where HUBC's revenue goes
2025Each bar shows an amount and its share of revenue. HUBC kept −378.3% of revenue as net income.
HUBC profit margins
HUBC growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +7.1% | −26.5% | +8.2% | — |
| Gross profit | +4.8% | −6.4% | +2.6% | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
HUBC quarterly EPS vs estimates
HUB Cyber Security beat the analyst EPS estimate in 0 of the last 3 quarters.
HUBC income statement
| 2025 | 2024 | 2023 | 2022 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|
| Revenue | $31.7M | $29.6M | $50.0M | $79.7M | $26.9M | $21.4M | $16.2M |
| Cost of revenue | $26.4M | $24.5M | $45.9M | $73.3M | $22.3M | $16.7M | $13.6M |
| Gross profit | $5.3M | $5.0M | $4.1M | $6.4M | $4.6M | $4.7M | $2.7M |
| Research & development | $2.7M | $2.0M | $5.6M | $5.6M | $689,190 | $694,233 | $699,059 |
| Sales, general & admin | $30.5M | $24.8M | $48.5M | $49.9M | — | — | — |
| Total operating expenses | $62.5M | $31.3M | $84.5M | $144.6M | $4.2M | $4.0M | $3.6M |
| Operating income | −$30.8M | −$26.2M | −$80.4M | −$64.9M | $371,423 | $675,216 | −$946,407 |
| Interest income | $325,000 | $548,000 | $213,000 | $450,000 | — | — | — |
| Interest expense | $21.0M | $12.2M | $1.7M | $3.4M | $127,607 | $50,276 | $67,177 |
| Income before taxes | −$117.3M | −$36.6M | −$81.3M | −$80.7M | $350,016 | $517,614 | −$1.1M |
| Income taxes | — | $557,000 | −$776,000 | −$739,000 | $29,469 | $27,613 | $96,004 |
| Net income | −$119.8M | −$39.8M | −$81.6M | −$81.6M | $272,451 | $368,868 | −$1.2M |
| EBITDA | −$94.2M | −$22.3M | −$71.7M | −$62.9M | $528,499 | $809,373 | −$793,520 |
| EPS (diluted) | — | −$168.25 | −$1032.85 | −$16.84 | — | $17.00 | — |
| Gross margin | 16.7% | 17.1% | 8.2% | 8.1% | 17.1% | 21.8% | 16.5% |
| Operating margin | −97.4% | −88.7% | −160.9% | −81.4% | 1.4% | 3.2% | −5.8% |
| Net margin | −378.3% | −134.5% | −163.2% | −102.3% | 1.0% | 1.7% | −7.5% |
| Jun '26 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Jun '23 | Mar '23 | Dec '22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $16.6M | $15.1M | $15.1M | $13.9M | $13.9M | $6.9M | $15.7M | $7.9M | $11.9M | $25.0M | $15.4M | $21.2M |
| Cost of revenue | $14.1M | $12.2M | $12.2M | $11.2M | $11.9M | $6.0M | $14.2M | $7.1M | $10.2M | $27.0M | $15.9M | $20.4M |
| Gross profit | $2.4M | $2.9M | $2.9M | $2.6M | $2.0M | $975,500 | $1.5M | $748,000 | $1.8M | −$2.0M | −$503,000 | $727,000 |
| Research & development | $850,000 | $1.9M | $1.9M | $1.4M | $1.4M | $688,500 | $625,000 | $312,500 | $3.1M | $2.8M | $1.4M | $1.4M |
| Sales, general & admin | — | — | — | $5.4M | $10.9M | $5.4M | $16.0M | $8.0M | $8.3M | $40.9M | $20.5M | $9.8M |
| Total operating expenses | $57.8M | $21.9M | $21.9M | $13.6M | $13.1M | $6.6M | $16.6M | $8.3M | $22.1M | $43.3M | $31.1M | $30.7M |
| Operating income | −$55.4M | −$19.0M | −$19.0M | −$10.9M | −$11.2M | −$5.6M | −$15.1M | −$7.5M | −$20.3M | −$45.3M | −$23.1M | −$10.5M |
| Interest expense | $25.3M | $23.9M | $23.9M | — | $1.2M | $13.4M | $13.4M | — | $7.6M | $7.2M | — | — |
| Income before taxes | −$76.0M | −$41.3M | −$41.3M | −$11.5M | −$11.5M | −$5.8M | −$25.1M | −$12.5M | −$15.8M | −$64.9M | −$34.3M | −$30.5M |
| Income taxes | $229,000 | $514,000 | $514,000 | $327,000 | $327,000 | $163,500 | $230,000 | $115,000 | $171,000 | $85,000 | $1.8M | $566,500 |
| Net income | −$76.3M | −$41.8M | −$41.8M | −$12.7M | −$12.7M | −$6.3M | −$27.1M | −$13.5M | −$17.8M | −$65.5M | −$34.8M | −$30.1M |
| EBITDA | −$55.4M | −$17.3M | −$17.3M | −$10.6M | −$9.7M | −$4.9M | −$14.0M | −$6.9M | −$12.7M | −$39.2M | −$20.6M | −$8.9M |
| EPS (diluted) | — | −$4.06 | — | −$3.70 | — | −$12.46 | — | — | — | — | — | — |
| Gross margin | 14.6% | 19.1% | 19.1% | 18.8% | 14.1% | 14.1% | 9.5% | 9.5% | 14.7% | −7.9% | −3.3% | 3.4% |
| Operating margin | −334.5% | −125.8% | −125.8% | −79.0% | −80.8% | −80.8% | −96.1% | −95.7% | −170.0% | −181.1% | −150.6% | −49.5% |
| Net margin | −460.9% | −276.5% | −276.5% | −91.4% | −91.4% | −91.4% | −172.5% | −172.5% | −148.8% | −261.8% | −226.8% | −142.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in HUBC's financial statements (latest annual report filed —); data from EODHD. Sales, general & administrative expenses include sales and marketing.
HUBC financial results
In fiscal year 2025 (ended December 31, 2025), HUB Cyber Security reported revenue of $31.7 million, up 7.1% from the year before. It had a net loss of $119.8 million, a net profit margin of −378.3%. Over five years revenue grew at an average rate of 8.2% a year.
See the HUBC stock overview for the latest quote and news, or the HUBC chart for price history and technical indicators.
HUBC income statement FAQ
What is HUB Cyber Security's annual revenue?
HUB Cyber Security reported total revenue of $31.7 million for fiscal year 2025, which ended on December 31, 2025. That was up 7.1% from $29.6 million the previous year.
Is HUB Cyber Security profitable?
No. HUB Cyber Security reported a net loss of $119.8 million in fiscal 2025, a net profit margin of −378.3%; its operating margin was −97.4%.
What is HUB Cyber Security's gross margin?
HUB Cyber Security's gross margin was 16.7% in fiscal 2025: for every $100 of revenue, HUB Cyber Security kept $17 after the direct cost of its products and services.
How much does HUB Cyber Security spend on research and development?
HUB Cyber Security spent $2.7 million on research and development in fiscal 2025, 8.7% of revenue.
How fast is HUB Cyber Security growing?
Revenue grew 8.2% a year on average over the last five fiscal years, from $21.4 million to $31.7 million.
When does HUB Cyber Security's fiscal year end?
HUB Cyber Security's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025.