Lite Strategy, Inc. (LITS) Income Statement
LITS FY2026 at a glance
Fiscal year ended June 30, 2026 · U.S. dollarsLITS revenue and net income
LITS profit margins
LITS growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| 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.
LITS quarterly EPS vs estimates
Lite Strategy beat the analyst EPS estimate in 1 of the last 2 quarters. Next report: November 13, 2026.
LITS income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $65.3M | $48.8M | $40.7M | $34.8M |
| Cost of revenue | — | $368,000 | $383,000 | $1.8M | $1.2M | $1.4M |
| Gross profit | — | −$368,000 | $65.3M | $48.8M | $40.7M | $33.4M |
| Research & development | $122,000 | $3.9M | $16.6M | $52.5M | $85.6M | $69.4M |
| Sales, general & admin | — | $13.5M | $23.3M | $33.1M | $30.5M | $24.4M |
| Total operating expenses | $12.3M | $17.1M | $50.8M | $85.6M | $116.2M | $93.8M |
| Operating income | −$12.3M | −$17.5M | $14.5M | −$36.8M | −$75.5M | −$60.4M |
| Interest income | — | $1.0M | $3.3M | $3.3M | $284,000 | $510,000 |
| Income before taxes | −$71.2M | −$15.9M | $17.8M | −$31.8M | −$54.5M | −$41.3M |
| Income taxes | — | — | — | — | — | $8,000 |
| Net income | −$71.2M | −$15.9M | $17.8M | −$31.8M | −$54.5M | −$41.3M |
| EBITDA | −$12.3M | −$17.1M | $25.8M | −$36.4M | −$75.2M | −$41.0M |
| EPS (diluted) | −$1.98 | −$2.39 | $4.30 | −$5.03 | −$7.42 | −$6.37 |
| Gross margin | — | — | 100.0% | 100.0% | 100.0% | 96.0% |
| Operating margin | — | — | 22.3% | −75.3% | −185.5% | −173.7% |
| Net margin | — | — | 27.2% | −65.2% | −133.8% | −118.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cost of revenue | — | — | — | — | — | — | — | $368,000 | $125,000 | $86,000 | $85,000 |
| Gross profit | — | — | — | — | — | — | — | −$368,000 | −$125,000 | −$86,000 | −$85,000 |
| Research & development | $36,000 | $30,000 | $46,000 | $10,000 | $83,000 | $369,000 | $308,000 | $3.2M | $3.9M | $5.2M | $3.9M |
| Sales, general & admin | — | $2.7M | $3.3M | $3.1M | $2.8M | $2.4M | $3.1M | $5.2M | $4.1M | $4.6M | — |
| Total operating expenses | $2.9M | $2.8M | $3.4M | $3.7M | $2.9M | $2.8M | $3.5M | $8.4M | $8.0M | $9.7M | $11.8M |
| Operating income | −$2.9M | −$2.8M | −$3.4M | −$3.7M | −$2.9M | −$2.8M | −$3.5M | −$8.4M | −$8.1M | −$9.8M | −$11.9M |
| Interest income | — | $54,000 | $60,000 | $100,000 | $190,000 | $202,000 | $279,000 | $355,000 | $608,000 | $706,000 | — |
| Income before taxes | −$13.0M | −$23.7M | −$30.8M | −$3.6M | −$2.7M | −$2.6M | −$2.7M | −$8.0M | −$18.4M | −$9.1M | −$11.1M |
| Net income | −$13.0M | −$23.7M | −$30.8M | −$3.6M | −$2.7M | −$2.6M | −$2.7M | −$8.0M | −$18.4M | −$9.1M | −$11.1M |
| EBITDA | −$2.9M | −$2.8M | −$3.4M | −$3.1M | −$2.9M | −$2.8M | −$3.5M | −$8.0M | −$18.3M | −$9.0M | −$11.0M |
| EPS (diluted) | −$0.38 | −$0.66 | −$0.82 | −$0.12 | −$0.40 | −$0.39 | −$0.40 | −$1.20 | −$1.13 | −$1.37 | −$1.66 |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in LITS's financial statements (latest annual report filed June 30, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
LITS financial results
Lite Strategy reported no revenue in fiscal year 2026 (ended June 30, 2026). It had a net loss of $71.2 million. Diluted earnings per share came to −$1.98.
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LITS income statement FAQ
Does Lite Strategy have revenue?
Lite Strategy reported no revenue for fiscal year 2026, which ended on June 30, 2026.
Is Lite Strategy profitable?
No. Lite Strategy reported a net loss of $71.2 million in fiscal 2026.
How much does Lite Strategy spend on research and development?
Lite Strategy spent $0.1 million on research and development in fiscal 2026.
What are Lite Strategy's earnings per share?
Lite Strategy earned $-1.98 per diluted share in fiscal 2026, compared with $-2.39 a year earlier.
When will Lite Strategy report its next earnings?
Lite Strategy is expected to report results for the quarter ending September 30, 2026 on November 13, 2026 before the market opens.
When does Lite Strategy's fiscal year end?
Lite Strategy's fiscal year ends in June. The latest annual report covers the year ended June 30, 2026 and was filed on June 30, 2026.