Inuvo, Inc (INUV) Income Statement
INUV 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsINUV revenue and net income
Where INUV's revenue goes
2025Each bar shows an amount and its share of revenue. INUV kept −5.9% of revenue as net income.
INUV profit margins
INUV growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +2.9% | +4.5% | +14.1% | +2.0% |
| Gross profit | −10.5% | +12.3% | +12.1% | +3.2% |
| 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.
INUV quarterly EPS vs estimates
Inuvo beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: November 5, 2026.
INUV income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $86.2M | $83.8M | $73.9M | $75.6M | $59.8M | $44.6M | $61.5M | $73.3M | $79.6M | $71.5M |
| Cost of revenue | $22.0M | $12.0M | $10.5M | $30.2M | $15.9M | $8.3M | $22.7M | $29.9M | $36.7M | $21.4M |
| Gross profit | $64.2M | $71.8M | $63.4M | $45.4M | $43.9M | $36.3M | $38.8M | $43.4M | $42.9M | $50.2M |
| Research & development | — | — | — | $60,000 | $720,000 | $720,000 | $720,000 | $720,000 | $660,000 | $0 |
| Sales, general & admin | $70.9M | $73.6M | $73.8M | $58.0M | $40.3M | $44.4M | $46.6M | $48.9M | $47.1M | $51.0M |
| Total operating expenses | $70.9M | $73.6M | $73.8M | $58.0M | $51.7M | $44.4M | $46.6M | $48.9M | $47.1M | $51.0M |
| Operating income | −$6.7M | −$5.5M | −$10.4M | −$12.6M | −$7.8M | −$8.0M | −$7.7M | −$5.5M | −$4.2M | −$857,166 |
| Interest income | — | — | — | — | — | — | $482,210 | $420,450 | $318,190 | $99,970 |
| Interest expense | $259,884 | $266,772 | $29,570 | $21,111 | $86,983 | $253,505 | $482,210 | $420,452 | $318,193 | $99,965 |
| Income before taxes | −$5.1M | −$5.8M | −$10.4M | −$13.1M | −$7.6M | −$7.3M | −$4.8M | −$5.9M | −$4.6M | −$957,131 |
| Income taxes | $10,705 | $8,030 | −$17,764 | $456,665 | −$3.1M | $1.3M | −$334,394 | $3.0M | −$1.5M | −$29,260 |
| Net income | −$5.1M | −$5.8M | −$10.4M | −$13.1M | −$7.6M | −$7.3M | −$4.5M | −$5.9M | −$3.1M | −$772,584 |
| EBITDA | −$2.3M | −$2.7M | −$7.6M | −$10.4M | −$4.0M | −$3.4M | −$917,906 | −$2.3M | −$1.2M | $1.4M |
| EPS (diluted) | −$0.27 | −$0.30 | −$0.57 | −$0.59 | −$0.61 | −$1.10 | −$1.77 | −$1.27 | −$0.83 | −$0.31 |
| Gross margin | 74.5% | 85.6% | 85.8% | 60.0% | 73.4% | 81.4% | 63.1% | 59.2% | 53.9% | 70.1% |
| Operating margin | −7.8% | −6.6% | −14.1% | −16.7% | −13.0% | −18.0% | −12.6% | −7.5% | −5.3% | −1.2% |
| Net margin | −5.9% | −6.9% | −14.1% | −17.3% | −12.7% | −16.4% | −7.3% | −8.0% | −3.8% | −1.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.5M | $7.9M | $14.3M | $22.6M | $22.7M | $26.7M | $26.2M | $22.4M | $18.2M | $17.0M | $20.8M | $24.6M |
| Cost of revenue | $4.2M | $4.3M | $4.8M | $6.0M | $5.6M | $5.6M | $4.4M | $2.6M | $2.9M | $2.1M | $6.2M | $2.3M |
| Gross profit | $3.3M | $3.7M | $9.5M | $16.6M | $17.1M | $21.1M | $21.8M | $19.8M | $15.3M | $14.9M | $14.6M | $22.3M |
| Sales, general & admin | $3.5M | $7.5M | $10.7M | $18.2M | $19.1M | $22.9M | $21.5M | $21.7M | $17.0M | $17.0M | $5.4M | $23.5M |
| Total operating expenses | $6.4M | $7.5M | $10.7M | $18.2M | $19.1M | $22.9M | $21.5M | $21.7M | $17.0M | $17.0M | $17.0M | $23.5M |
| Operating income | −$3.0M | −$3.9M | −$1.2M | −$1.7M | −$2.0M | −$1.8M | $220,117 | −$1.9M | −$1.7M | −$2.1M | −$2.4M | −$1.2M |
| Interest income | — | — | — | — | — | — | — | — | — | — | — | $19,852 |
| Interest expense | $107,059 | $398,439 | $100,625 | — | $17,697 | $27,929 | $102,910 | $101,031 | $42,451 | $20,380 | $7,884 | $19,852 |
| Income before taxes | −$4.0M | $1.9M | −$591,193 | −$1.7M | −$1.5M | −$1.3M | $144,019 | −$2.0M | −$1.7M | −$2.1M | −$2.4M | −$1.2M |
| Income taxes | $2,677 | $2,676 | $2,677 | −$5,352 | — | $2,676 | $2,678 | — | $5,353 | −$2 | −$17,764 | −$706,565 |
| Net income | −$4.0M | $1.9M | −$593,870 | −$1.7M | −$1.5M | −$1.3M | $141,341 | −$2.0M | −$1.7M | −$2.1M | −$2.4M | −$1.2M |
| EBITDA | −$3.4M | $2.8M | $1.5M | −$1.2M | −$921,008 | −$655,084 | $1.0M | −$1.3M | −$1.0M | −$1.4M | −$1.7M | −$484,267 |
| EPS (diluted) | −$0.27 | $0.13 | −$0.04 | −$0.09 | −$0.10 | −$0.04 | $0.00 | −$0.08 | −$0.10 | −$0.12 | −$0.02 | −$0.10 |
| Gross margin | 44.2% | 46.2% | 66.4% | 73.4% | 75.4% | 79.0% | 83.1% | 88.4% | 84.0% | 87.7% | 70.1% | 90.7% |
| Operating margin | −40.4% | −49.0% | −8.5% | −7.4% | −9.0% | −6.6% | 0.8% | −8.7% | −9.3% | −12.3% | −11.6% | −4.8% |
| Net margin | −53.6% | 23.9% | −4.2% | −7.7% | −6.6% | −4.7% | 0.5% | −9.1% | −9.6% | −12.4% | −11.5% | −4.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in INUV's financial statements (latest annual report filed March 5, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
INUV financial results
In fiscal year 2025 (ended December 31, 2025), Inuvo reported revenue of $86.2 million, up 2.9% from the year before. It had a net loss of $5.1 million, a net profit margin of −5.9%. Diluted earnings per share came to −$0.27. Over five years revenue grew at an average rate of 14.1% a year.
See the INUV stock overview for the latest quote and news, or the INUV chart for price history and technical indicators.
INUV income statement FAQ
What is Inuvo's annual revenue?
Inuvo reported total revenue of $86.2 million for fiscal year 2025, which ended on December 31, 2025. That was up 2.9% from $83.8 million the previous year.
Is Inuvo profitable?
No. Inuvo reported a net loss of $5.1 million in fiscal 2025, a net profit margin of −5.9%; its operating margin was −7.8%.
What is Inuvo's gross margin?
Inuvo's gross margin was 74.5% in fiscal 2025: for every $100 of revenue, Inuvo kept $74 after the direct cost of its products and services.
How fast is Inuvo growing?
Revenue grew 14.1% a year on average over the last five fiscal years, from $44.6 million to $86.2 million.
What are Inuvo's earnings per share?
Inuvo earned $-0.27 per diluted share in fiscal 2025, compared with $-0.30 a year earlier.
When will Inuvo report its next earnings?
Inuvo is expected to report results for the quarter ending September 30, 2026 on November 5, 2026.
When does Inuvo's fiscal year end?
Inuvo's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 5, 2026.