MDB Capital Holdings, LLC Class A common (MDBH) Income Statement
MDBH 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsMDBH revenue and net income
Where MDBH's revenue goes
2025Each bar shows an amount and its share of revenue. MDBH kept −496.1% of revenue as net income.
MDBH profit margins
MDBH growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +92.8% | +56.6% | −18.8% | — |
| Gross profit | — | — | — | — |
| Operating income | — | — | — | — |
| Net income | −281.7% | — | — | — |
| 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.
MDBH quarterly EPS vs estimates
Next report: November 12, 2026.
MDBH income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue | $4.3M | $2.2M | $4.2M | $1.1M | $3.2M | $12.1M |
| Cost of revenue | $15.0M | $20.1M | $8.6M | $2.8M | $2.0M | $1.8M |
| Gross profit | −$10.7M | −$17.8M | −$4.4M | −$1.7M | −$2.0M | −$1.8M |
| Research & development | $0 | $1.5M | $528,178 | $348,085 | $454,454 | $577,165 |
| Sales, general & admin | $19.1M | $7.8M | $4.2M | $3.0M | $2.7M | $1.4M |
| Total operating expenses | $6.8M | $10.8M | $4.1M | $4.4M | $14.0M | −$550,440 |
| Operating income | −$17.5M | −$28.6M | −$8.5M | −$6.1M | −$15.9M | −$1.2M |
| Interest income | $617,000 | $1.2M | $919,345 | $227,249 | $0 | — |
| Interest expense | $0 | $71,629 | $0 | — | — | — |
| Income before taxes | −$21.3M | $11.6M | −$7.6M | −$5.9M | −$15.7M | −$1.2M |
| Income taxes | $11,000 | $2,143 | $127,918 | −$803,688 | $9.4M | $40,072 |
| Net income | −$21.2M | $11.7M | −$7.0M | −$5.3M | −$15.1M | −$722,181 |
| EBITDA | −$17.0M | $12.3M | −$9.8M | −$6.0M | −$5.7M | −$4.2M |
| EPS (diluted) | −$2.12 | −$1.11 | −$0.92 | −$0.63 | −$1.78 | — |
| Gross margin | −249.6% | −803.2% | −103.8% | −153.2% | −61.7% | −14.7% |
| Operating margin | −408.5% | −1,289.4% | −200.9% | −547.3% | −499.7% | −10.2% |
| Net margin | −496.1% | 526.5% | −164.6% | −476.6% | −473.8% | −6.0% |
| 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 | $1.3M | $3.1M | $2.1M | $1.3M | $367,550 | $2.1M | $917,222 | $4.6M | $1.3M | $86,879 | $0 | $11,502 |
| Cost of revenue | $338,000 | $5,000 | $3.5M | $3.3M | $3.8M | $4.3M | $4.9M | $5.2M | $5.1M | $4.9M | $5.4M | $1.3M |
| Gross profit | $944,000 | $3.1M | −$1.4M | −$3.3M | −$3.8M | −$2.2M | −$4.0M | −$5.2M | −$3.8M | −$4.9M | −$5.4M | −$1.3M |
| Research & development | — | $0 | $0 | $0 | $0 | $0 | $229,408 | $723,487 | $237,394 | $277,582 | $461,083 | $27,936 |
| Sales, general & admin | $4.8M | $4.4M | $14.8M | $1.2M | $1.2M | $1.9M | $2.5M | $1.7M | $1.7M | $1.8M | $1.3M | $884,123 |
| Total operating expenses | $7.1M | $8.7M | $1.5M | $438,099 | $3.6M | $3.7M | $2.9M | $3.5M | $1.3M | $3.1M | $1.1M | $2.0M |
| Operating income | −$6.1M | −$5.6M | −$2.9M | −$3.8M | −$7.4M | −$5.9M | −$6.8M | −$8.7M | −$5.1M | −$7.9M | −$6.6M | −$3.3M |
| Interest income | $81,000 | $65,000 | $113,925 | $147,132 | $175,314 | $180,629 | $241,333 | $279,125 | $321,008 | $337,852 | $370,866 | $176,300 |
| Interest expense | — | — | — | — | — | — | $71,629 | — | — | — | — | — |
| Income before taxes | −$7.4M | −$6.7M | −$1.7M | −$4.7M | −$8.2M | −$6.6M | $32.9M | −$8.4M | −$4.8M | −$7.6M | −$6.2M | −$3.1M |
| Income taxes | $1.9M | $1.1M | $11,000 | $1.1M | $1.1M | $872,518 | $419,670 | −$705,057 | $2,143 | −$393,903 | −$256,225 | $63,559 |
| Net income | −$9.3M | −$6.7M | −$1.8M | −$4.7M | −$8.2M | −$6.6M | $30.9M | −$7.7M | −$4.3M | −$7.2M | −$5.5M | −$3.0M |
| EBITDA | −$7.4M | −$6.7M | −$2.3M | −$4.7M | −$5.2M | −$4.4M | $33.4M | −$8.0M | −$6.0M | −$7.1M | −$7.3M | −$2.5M |
| EPS (diluted) | −$0.89 | −$0.66 | −$0.17 | −$0.46 | −$0.83 | −$0.66 | $1.03 | −$0.90 | −$0.46 | −$0.78 | −$0.60 | −$0.32 |
| Gross margin | 73.6% | 99.8% | −63.3% | −265.2% | −1,039.1% | −102.6% | −430.8% | −113.5% | −293.2% | −5,631.6% | — | −11,630.8% |
| Operating margin | −478.2% | −181.1% | −133.8% | −300.2% | −2,011.3% | −276.1% | −745.8% | −191.4% | −393.2% | −9,147.4% | — | −28,682.4% |
| Net margin | −726.8% | −217.9% | −81.9% | −372.3% | −2,243.9% | −307.8% | 3,370.8% | −169.8% | −327.9% | −8,305.1% | — | −26,156.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in MDBH's financial statements (latest annual report filed March 31, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
MDBH financial results
In fiscal year 2025 (ended December 31, 2025), MDB Capital Holdings, LLC Class A common reported revenue of $4.3 million, up 92.8% from the year before. It had a net loss of $21.2 million, a net profit margin of −496.1%. Diluted earnings per share came to −$2.12. Over five years revenue grew at an average rate of −18.8% a year.
See the MDBH stock overview for the latest quote and news, or the MDBH chart for price history and technical indicators.
MDBH income statement FAQ
What is MDB Capital Holdings, LLC Class A common's annual revenue?
MDB Capital Holdings, LLC Class A common reported total revenue of $4.3 million for fiscal year 2025, which ended on December 31, 2025. That was up 92.8% from $2.2 million the previous year.
Is MDB Capital Holdings, LLC Class A common profitable?
No. MDB Capital Holdings, LLC Class A common reported a net loss of $21.2 million in fiscal 2025, a net profit margin of −496.1%; its operating margin was −408.5%.
What is MDB Capital Holdings, LLC Class A common's gross margin?
MDB Capital Holdings, LLC Class A common's gross margin was −249.6% in fiscal 2025: for every $100 of revenue, MDB Capital Holdings, LLC Class A common kept $-250 after the direct cost of its products and services.
How fast is MDB Capital Holdings, LLC Class A common growing?
Revenue grew −18.8% a year on average over the last five fiscal years, from $12.1 million to $4.3 million.
What are MDB Capital Holdings, LLC Class A common's earnings per share?
MDB Capital Holdings, LLC Class A common earned $-2.12 per diluted share in fiscal 2025, compared with $-1.11 a year earlier.
When will MDB Capital Holdings, LLC Class A common report its next earnings?
MDB Capital Holdings, LLC Class A common is expected to report results for the quarter ending September 30, 2026 on November 12, 2026.
When does MDB Capital Holdings, LLC Class A common's fiscal year end?
MDB Capital Holdings, LLC Class A common's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 31, 2026.