Indonesia Energy Corporation Limited (INDO) Income Statement
INDO 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsINDO revenue and net income
Where INDO's revenue goes
2025Each bar shows an amount and its share of revenue. INDO kept −253.4% of revenue as net income.
INDO profit margins
INDO growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −24.6% | −21.1% | +0.3% | — |
| 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.
INDO quarterly EPS vs estimates
Indonesia Energy beat the analyst EPS estimate in 6 of the last 8 quarters.
INDO income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.0M | $2.7M | $3.5M | $4.1M | $2.5M | $2.0M | $4.2M | $5.9M | $3.7M | $2.4M |
| Cost of revenue | $3.1M | $3.4M | $3.7M | $4.1M | $3.3M | $2.7M | $3.4M | $3.7M | $4.0M | $4.3M |
| Gross profit | −$1.1M | −$762,637 | −$127,632 | $4,426 | −$850,791 | −$735,934 | $832,448 | $2.2M | −$294,397 | −$1.8M |
| Sales, general & admin | $3.5M | $5.2M | $3.4M | $4.6M | $5.3M | $6.5M | $2.4M | $2.0M | $1.3M | $870,013 |
| Total operating expenses | $4.3M | $5.2M | $3.4M | $4.6M | $5.3M | $6.5M | $2.4M | $2.0M | $1.3M | $870,013 |
| Operating income | −$5.4M | −$5.9M | −$3.5M | −$4.6M | −$6.1M | −$7.3M | −$1.6M | $143,384 | −$1.6M | −$2.7M |
| Interest income | — | — | — | — | — | — | — | $42,060 | $1,030 | — |
| Interest expense | — | — | — | $23,836 | $26,220 | $35,271 | $42,000 | $0 | $0 | $0 |
| Income before taxes | −$5.1M | −$6.3M | −$2.6M | −$3.1M | −$6.1M | −$7.0M | −$1.7M | $140,988 | −$1.6M | −$3.2M |
| Income taxes | — | — | −$1.0M | −$4.1M | −$28,489 | −$132,033 | $51,584 | −$2,394 | −$13,906 | −$32,178 |
| Net income | −$5.1M | −$6.3M | −$2.6M | −$3.1M | −$6.1M | −$7.0M | −$1.7M | $145,723 | −$1.6M | −$3.2M |
| EBITDA | −$4.2M | −$4.5M | −$2.4M | −$3.1M | −$5.3M | −$6.6M | −$667,557 | $1.4M | −$365,249 | −$2.3M |
| EPS (diluted) | −$0.52 | −$0.63 | −$0.26 | −$0.25 | −$0.20 | −$0.72 | −$0.27 | $0.02 | −$0.27 | — |
| Gross margin | −55.9% | −28.6% | −3.6% | 0.1% | −34.7% | −37.2% | 19.9% | 36.9% | −7.9% | −74.0% |
| Operating margin | −268.3% | −222.4% | −99.2% | −112.2% | −248.8% | −367.0% | −38.3% | 2.4% | −41.9% | −109.6% |
| Net margin | −253.4% | −237.8% | −75.0% | −76.2% | −246.9% | −351.0% | −40.0% | 2.5% | −43.3% | −130.3% |
| Jun '26 | Mar '26 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | Mar '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.8M | $943,038 | $1.1M | $612,060 | $1.2M | $612,060 | $1.4M | $721,694 | $842,099 | $842,099 | $920,628 | $920,628 |
| Cost of revenue | $1.7M | $1.4M | $1.7M | $679,764 | $2.0M | $679,764 | $1.4M | $702,715 | $661,855 | $661,855 | $813,580 | $813,580 |
| Gross profit | $55,584 | −$464,611 | −$660,254 | −$67,705 | −$800,595 | −$67,705 | $37,958 | $18,979 | $180,244 | $180,244 | $107,048 | $107,048 |
| Sales, general & admin | — | $3.5M | — | $1.8M | $3.5M | $1.8M | $1.6M | $811,987 | $903,251 | $903,251 | $780,764 | $780,764 |
| Total operating expenses | $1.9M | $2.0M | $2.3M | $2.0M | $3.2M | $2.0M | $1.9M | $964,531 | $955,626 | $955,626 | $917,630 | $917,630 |
| Operating income | −$1.9M | −$2.5M | −$2.9M | −$2.0M | −$4.0M | −$2.0M | −$1.9M | −$945,552 | −$775,382 | −$775,382 | −$972,449 | −$972,449 |
| Income before taxes | −$1.9M | −$2.3M | −$2.8M | −$2.1M | −$4.2M | −$2.1M | −$2.1M | −$1.0M | −$510,760 | −$510,760 | −$810,582 | −$810,582 |
| Income taxes | — | — | — | — | — | — | — | $4 | — | — | −$4 | — |
| Net income | −$1.9M | −$2.3M | −$2.8M | −$2.1M | −$4.2M | −$2.1M | −$2.1M | −$1.0M | −$510,760 | −$510,760 | −$810,582 | −$810,582 |
| EBITDA | −$1.5M | −$1.7M | −$2.5M | −$1.8M | −$3.1M | −$1.8M | −$1.6M | −$793,007 | −$723,006 | −$723,006 | −$673,716 | −$673,716 |
| EPS (diluted) | — | — | −$0.19 | −$0.33 | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Gross margin | 3.1% | −49.3% | −61.7% | −11.1% | −65.4% | −11.1% | 2.6% | 2.6% | 21.4% | 21.4% | 11.6% | 11.6% |
| Operating margin | −106.2% | −261.9% | −274.0% | −330.2% | −330.2% | −330.2% | −131.0% | −131.0% | −92.1% | −92.1% | −105.6% | −105.6% |
| Net margin | −105.8% | −241.2% | −264.1% | −346.7% | −346.7% | −346.7% | −145.4% | −145.4% | −60.7% | −60.7% | −88.0% | −88.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in INDO's financial statements (latest annual report filed April 29, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
INDO financial results
In fiscal year 2025 (ended December 31, 2025), Indonesia Energy reported revenue of $2.0 million, down 24.6% from the year before. It had a net loss of $5.1 million, a net profit margin of −253.4%. Diluted earnings per share came to −$0.52. Over five years revenue grew at an average rate of 0.3% a year.
See the INDO stock overview for the latest quote and news, or the INDO chart for price history and technical indicators.
INDO income statement FAQ
What is Indonesia Energy's annual revenue?
Indonesia Energy reported total revenue of $2.0 million for fiscal year 2025, which ended on December 31, 2025. That was down 24.6% from $2.7 million the previous year.
Is Indonesia Energy profitable?
No. Indonesia Energy reported a net loss of $5.1 million in fiscal 2025, a net profit margin of −253.4%; its operating margin was −268.3%.
What is Indonesia Energy's gross margin?
Indonesia Energy's gross margin was −55.9% in fiscal 2025: for every $100 of revenue, Indonesia Energy kept $-56 after the direct cost of its products and services.
How fast is Indonesia Energy growing?
Revenue grew 0.3% a year on average over the last five fiscal years, from $2.0 million to $2.0 million.
What are Indonesia Energy's earnings per share?
Indonesia Energy earned $-0.52 per diluted share in fiscal 2025, compared with $-0.63 a year earlier.
When does Indonesia Energy's fiscal year end?
Indonesia Energy's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 29, 2026.