Lianhe Sowell International Group Ltd (LHSW) Income Statement

NASDAQ: LHSWRevenue, profits, margins and EPS over 5 years.

LHSW FY2026 at a glance

Fiscal year ended March 31, 2026 · U.S. dollars
Revenue+18.4%
$43.3M
FY2026 · hover or tap a bar for each year
FY2022: $949,341FY2023: $13.1M (+1,276.8%)FY2024: $36.6M (+180.0%)FY2025: $36.5M (−0.2%)FY2026: $43.3M (+18.4%)
FY2022FY2026
Gross profit−3.3%
$9.3M
FY2026 · hover or tap a bar for each year
FY2022: $475,459FY2023: $3.4M (+605.6%)FY2024: $8.0M (+137.3%)FY2025: $9.6M (+20.3%)FY2026: $9.3M (−3.3%)
FY2022FY2026
Operating income−321.6%
−$6.8M
FY2026 · hover or tap a bar for each year
FY2022: −$464,606FY2023: $1.8MFY2024: $3.0M (+62.8%)FY2025: $3.1M (+3.2%)FY2026: −$6.8M (−321.6%)
FY2022FY2026
Net income−282.3%
−$5.7M
FY2026 · hover or tap a bar for each year
FY2022: −$391,081FY2023: $1.6MFY2024: $2.8M (+75.0%)FY2025: $3.1M (+10.9%)FY2026: −$5.7M (−282.3%)
FY2022FY2026
EPS (diluted)−279.2%
−$1.72
FY2026 · hover or tap a bar for each year
FY2023: $0.03FY2024: $0.05 (+66.7%)FY2025: $0.96 (+1,820.0%)FY2026: −$1.72 (−279.2%)
FY2022FY2026
Net profit margin−21.7 pts
−13.2%
FY2026 · hover or tap a point for each year
FY2022: −41.2%FY2023: 12.3% (+53.5 pts)FY2024: 7.7% (−4.6 pts)FY2025: 8.6% (+0.9 pts)FY2026: −13.2% (−21.7 pts)
FY2022FY2026

LHSW revenue and net income

RevenueNet incomeNet margin (right axis)

Where LHSW's revenue goes

FY2026
Revenue
$43.3M100.0%
Cost of revenue
−$34.0M−78.6%
Gross profit
$9.3M21.4%
Research & development
−$7.8M−18.1%
Sales, general & admin
−$8.3M−19.1%
Operating income
−$6.8M−15.8%
Interest & other expense
−$137,420−0.3%
Income taxes
$1.3M3.0%
Net income
−$5.7M−13.2%

Each bar shows an amount and its share of revenue. LHSW kept −13.2% of revenue as net income.

LHSW profit margins

GrossOperatingNet

LHSW growth rates

to FY2026
1 year3 years5 years10 years
Revenue+18.4%+49.0%——
Gross profit−3.3%+40.3%——
Operating income−321.6%———
Net income−282.3%———
EPS (diluted)−279.2%———

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

LHSW income statement

Lianhe Sowell International Group Ltd annual income statement
FY2026FY2025FY2024FY2023FY2022
Revenue$43.3M$36.5M$36.6M$13.1M$949,341
Cost of revenue$34.0M$27.0M$28.6M$9.7M$473,882
Gross profit$9.3M$9.6M$8.0M$3.4M$475,459
Research & development$7.8M$3.5M$2.3M$449,828$473,893
Sales, general & admin$8.3M$3.0M$2.7M$1.1M$466,172
Total operating expenses$16.1M$6.5M$5.0M$1.5M$940,065
Operating income−$6.8M$3.1M$3.0M$1.8M−$464,606
Interest income$471$270$696$347$286
Interest expense$130,207$101,713$57,941$60,242$68,021
Income before taxes−$7.0M$3.2M$2.9M$1.8M−$523,375
Income taxes−$1.3M−$24,605$109,622$230,297−$132,288
Net income−$5.7M$3.1M$2.8M$1.6M−$391,081
EBITDA−$6.4M$3.6M$3.1M$1.9M−$371,601
EPS (diluted)−$1.72$0.96$0.05$0.03—
Gross margin21.4%26.2%21.8%25.7%50.1%
Operating margin−15.8%8.4%8.2%14.0%−48.9%
Net margin−13.2%8.6%7.7%12.3%−41.2%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in LHSW's financial statements (latest annual report filed August 13, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.

LHSW financial results

In fiscal year 2026 (ended March 31, 2026), Lianhe Sowell International reported revenue of $43.3 million, up 18.4% from the year before. It had a net loss of $5.7 million, a net profit margin of −13.2%. Diluted earnings per share came to −$1.72.

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LHSW income statement FAQ

What is Lianhe Sowell International's annual revenue?

Lianhe Sowell International reported total revenue of $43.3 million for fiscal year 2026, which ended on March 31, 2026. That was up 18.4% from $36.5 million the previous year.

Is Lianhe Sowell International profitable?

No. Lianhe Sowell International reported a net loss of $5.7 million in fiscal 2026, a net profit margin of −13.2%; its operating margin was −15.8%.

What is Lianhe Sowell International's gross margin?

Lianhe Sowell International's gross margin was 21.4% in fiscal 2026: for every $100 of revenue, Lianhe Sowell International kept $21 after the direct cost of its products and services.

How much does Lianhe Sowell International spend on research and development?

Lianhe Sowell International spent $7.8 million on research and development in fiscal 2026, 18.1% of revenue.

What are Lianhe Sowell International's earnings per share?

Lianhe Sowell International earned $-1.72 per diluted share in fiscal 2026, compared with $0.96 a year earlier.

When does Lianhe Sowell International's fiscal year end?

Lianhe Sowell International's fiscal year ends in March. The latest annual report covers the year ended March 31, 2026 and was filed on August 13, 2026.

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