Lument Finance Trust, Inc. (LFT) Income Statement
LFT 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsLFT revenue and net income
Where LFT's revenue goes
2025Each bar shows an amount and its share of revenue. LFT kept −3.5% of revenue as net income.
LFT profit margins
LFT growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +127.1% | +58.1% | +32.8% | +15.8% |
| Gross profit | +104.5% | +52.7% | — | — |
| Operating income | −49.6% | +6.9% | +45.6% | +60.8% |
| Net income | −112.1% | — | — | — |
| EPS (diluted) | −104.5% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
LFT quarterly EPS vs estimates
Lument Finance beat the analyst EPS estimate in 2 of the last 8 quarters. Next report: November 11, 2026.
LFT income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $79.2M | $34.9M | $32.1M | $20.0M | $21.1M | $19.1M | $16.3M | $5.0M | $18.1M | $7.6M |
| Cost of revenue | $7.9M | $87.4M | $6.2M | $309,797 | $280,970 | $1.49B | $360.5M | $1.00B | $855.6M | $1.48B |
| Gross profit | $71.3M | $34.9M | $32.1M | $20.0M | $20.8M | −$1.47B | −$344.2M | −$998.7M | −$837.5M | −$1.47B |
| Research & development | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales, general & admin | $3.9M | $4.8M | $10.1M | $3.7M | $6.1M | $6.2M | $6.8M | $6.6M | $7.9M | $8.5M |
| Total operating expenses | $19.1M | $34.9M | $10.1M | $20.0M | −$10.5M | $4.5M | $5.5M | $32.6M | $5.45B | $5.87B |
| Operating income | $52.2M | $103.4M | $22.0M | $42.7M | $10.6M | $8.0M | $6.2M | $37.6M | $7.19B | −$8.0M |
| Interest income | $79.0M | $122.1M | $96.0M | $56.7M | $36.2M | $33.6M | $39.1M | $59.0M | $89.1M | — |
| Interest expense | $53.9M | $80.8M | $74.8M | $32.8M | $15.5M | $15.2M | $23.6M | $41.6M | $69.1M | $71.4M |
| Income before taxes | −$2.7M | $22.7M | $19.7M | $9.9M | $10.6M | $8.0M | $6.2M | −$3.9M | $4.7M | −$8.0M |
| Income taxes | $8,193 | $18,808 | $5,723 | $11,088 | $77,894 | −$476,248 | −$43,523 | $1.5M | $1.18B | $3.52B |
| Net income | −$2.7M | $22.6M | $19.7M | $9.9M | $10.5M | $8.4M | $6.2M | −$5.5M | $4.7M | −$8.0M |
| EBITDA | $51.9M | $103.4M | $97.8M | $61,144 | −$4.9M | $7.9M | $6.2M | $37.6M | $73.9M | $63.4M |
| EPS (diluted) | −$0.02 | $0.44 | $0.34 | $0.19 | $0.39 | $0.39 | $0.32 | $0.31 | $0.48 | $0.85 |
| Gross margin | 90.1% | 100.0% | 100.0% | 100.0% | 98.7% | −7,701.5% | −2,116.1% | −20,008.5% | −4,639.2% | −19,370.0% |
| Operating margin | 65.9% | 296.7% | 68.5% | 213.2% | 50.3% | 41.7% | 38.1% | 753.4% | 39,829.4% | −105.1% |
| Net margin | −3.5% | 65.0% | 61.5% | 49.3% | 50.0% | 44.1% | 38.4% | −109.6% | 26.1% | −105.1% |
| 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 | $19.1M | $21.1M | $16.2M | $18.3M | $19.3M | $21.3M | $8.3M | $8.4M | $7.7M | $10.5M | $8.1M | $8.5M |
| Cost of revenue | $2.5M | $2.2M | $21.1M | $2.2M | $13.7M | $20.3M | $18.1M | $80,098 | $2.2M | $3.0M | $1.6M | $168,062 |
| Gross profit | $16.6M | $19.0M | −$4.8M | $16.1M | $5.6M | $988,439 | $8.3M | $8.4M | $7.7M | $10.5M | $8.1M | $8.5M |
| Sales, general & admin | $1.4M | $1.1M | $983,645 | $2.8M | $1.1M | $1.0M | $1.1M | $1.3M | $1.3M | $1.2M | $987,103 | $920,197 |
| Total operating expenses | $10.0M | $783,261 | $2.9M | $830,896 | $1.9M | $1.5M | $8.3M | $8.4M | $7.7M | $10.5M | $8.1M | $8.5M |
| Operating income | $6.6M | $18.2M | −$7.8M | $15.3M | $3.7M | −$514,018 | $21.8M | −$1.2M | −$1.2M | $29.4M | $28.4M | $28.7M |
| Interest income | $19.0M | $21.1M | $17.8M | $18.3M | $20.6M | $22.3M | $26.4M | $29.7M | $30.6M | $35.4M | $32.5M | $31.9M |
| Interest expense | $14.5M | $15.4M | $12.5M | $13.2M | $13.6M | $14.6M | $17.0M | $20.2M | $21.1M | $22.4M | $23.4M | $22.3M |
| Income before taxes | −$8.0M | $201,935 | −$7.8M | $1.8M | $3.7M | −$514,018 | $4.8M | $6.3M | $4.6M | $7.0M | $5.0M | $6.4M |
| Income taxes | −$10,745 | −$4,648 | $6,629 | −$2,902 | −$4,084 | $8,550 | $5,457 | $3,489 | −$1,030 | $10,892 | −$4,057 | $19,803 |
| Net income | −$8.0M | $206,583 | −$7.8M | $1.8M | $3.7M | −$522,568 | $4.8M | $6.3M | $4.6M | $7.0M | $5.0M | $6.4M |
| EBITDA | $6.9M | $15.9M | −$7.5M | $15.4M | $3.8M | −$514,018 | $21.8M | $26.5M | $25.7M | $29.4M | $28.4M | $28.7M |
| EPS (diluted) | −$0.10 | $0.02 | −$0.17 | $0.02 | $0.05 | $0.08 | $0.10 | $0.10 | $0.09 | $0.15 | $0.10 | $0.11 |
| Gross margin | 86.9% | 89.7% | −29.8% | 87.8% | 28.9% | 4.6% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating margin | 34.5% | 86.0% | −47.7% | 83.2% | 19.1% | −2.4% | 264.3% | −14.7% | −14.9% | 281.4% | 352.7% | 335.9% |
| Net margin | −42.0% | 1.0% | −47.7% | 10.1% | 19.1% | −2.5% | 58.0% | 74.6% | 59.5% | 66.7% | 62.3% | 74.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in LFT's financial statements (latest annual report filed March 23, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
LFT financial results
In fiscal year 2025 (ended December 31, 2025), Lument Finance reported revenue of $79.2 million, up 127.1% from the year before. It had a net loss of $2.7 million, a net profit margin of −3.5%. Diluted earnings per share came to −$0.02. Over five years revenue grew at an average rate of 32.8% a year.
See the LFT stock overview for the latest quote and news, or the LFT chart for price history and technical indicators.
LFT income statement FAQ
What is Lument Finance's annual revenue?
Lument Finance reported total revenue of $79.2 million for fiscal year 2025, which ended on December 31, 2025. That was up 127.1% from $34.9 million the previous year.
Is Lument Finance profitable?
No. Lument Finance reported a net loss of $2.7 million in fiscal 2025, a net profit margin of −3.5%; its operating margin was 65.9%.
What is Lument Finance's gross margin?
Lument Finance's gross margin was 90.1% in fiscal 2025: for every $100 of revenue, Lument Finance kept $90 after the direct cost of its products and services.
How fast is Lument Finance growing?
Revenue grew 32.8% a year on average over the last five fiscal years, from $19.1 million to $79.2 million.
What are Lument Finance's earnings per share?
Lument Finance earned $-0.02 per diluted share in fiscal 2025, compared with $0.44 a year earlier.
When will Lument Finance report its next earnings?
Lument Finance is expected to report results for the quarter ending September 30, 2026 on November 11, 2026.
When does Lument Finance's fiscal year end?
Lument Finance's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 23, 2026.