Mingteng International Corporation Inc. (MTEN) Income Statement
MTEN 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsMTEN revenue and net income
Where MTEN's revenue goes
2025Each bar shows an amount and its share of revenue. MTEN kept −15.3% of revenue as net income.
MTEN profit margins
MTEN growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +15.3% | +114.5% | +78.8% | — |
| Gross profit | −14.4% | +65.3% | +47.4% | — |
| 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.
MTEN quarterly EPS vs estimates
Mingteng International beat the analyst EPS estimate in 0 of the last 3 quarters.
MTEN income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue | $11.7M | $10.1M | $8.2M | $1.2M | $1.2M | $638,060 |
| Cost of revenue | $9.0M | $7.1M | $4.8M | $600,933 | $576,505 | $261,065 |
| Gross profit | $2.6M | $3.1M | $3.3M | $581,121 | $622,186 | $376,995 |
| Research & development | $777,695 | $634,046 | $630,752 | $73,143 | $63,203 | $34,692 |
| Sales, general & admin | $2.1M | $7.5M | $950,353 | $926,786 | $611,244 | $364,591 |
| Total operating expenses | $2.9M | $8.2M | $1.6M | $230,460 | $177,102 | $96,646 |
| Operating income | −$308,991 | −$5.1M | $1.7M | $350,660 | $445,080 | $280,350 |
| Interest income | $998 | $1,226 | $4,459 | $2,171 | $6,515 | $5,552 |
| Interest expense | $38,690 | $36,769 | $59,477 | $53,991 | $51,465 | $20,653 |
| Income before taxes | −$1.7M | −$5.6M | $1.9M | $365,410 | $463,633 | $303,246 |
| Income taxes | $39,736 | $80,006 | $344,586 | $48,618 | $61,534 | $18,550 |
| Net income | −$1.8M | −$5.7M | $1.5M | $316,792 | $402,098 | $284,695 |
| EBITDA | −$972,802 | −$5.0M | $2.2M | $2.4M | $2.9M | $1.9M |
| EPS (diluted) | −$17.64 | −$179.72 | $60.27 | $12.67 | — | — |
| Gross margin | 22.5% | 30.3% | 40.7% | 49.2% | 51.9% | 59.1% |
| Operating margin | −2.6% | −50.5% | 21.4% | 29.7% | 37.1% | 43.9% |
| Net margin | −15.3% | −56.1% | 18.5% | 26.8% | 33.5% | 44.6% |
| Mar '26 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | Mar '23 | Dec '22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.4M | $725,247 | $2.7M | $5.5M | $2.7M | $4.6M | $2.3M | $4.5M | $2.3M | $3.6M | $1.8M | $4.1M |
| Cost of revenue | $5.2M | $564,223 | $2.0M | $4.1M | $2.0M | $3.0M | $1.5M | $2.8M | $1.4M | $2.1M | $1.0M | $1.9M |
| Gross profit | $1.2M | $161,023 | $707,817 | $1.4M | $707,817 | $1.7M | $825,894 | $1.8M | $880,198 | $1.6M | $781,718 | $2.1M |
| Research & development | $368,072 | $56,462 | $172,932 | $345,864 | $172,932 | $184,029 | $144,091 | $405,996 | $202,998 | $224,756 | $112,378 | $250,742 |
| Sales, general & admin | $1.1M | $104,374 | $3.0M | $5.9M | $3.0M | $1.0M | $819,223 | $214,438 | $107,219 | $655,438 | $327,719 | $476,710 |
| Total operating expenses | $1.5M | $160,837 | $3.1M | $6.3M | $3.1M | $1.9M | $963,313 | $623,852 | $273,396 | $870,736 | $435,368 | $748,914 |
| Operating income | −$310,338 | $186 | −$2.4M | −$4.8M | −$2.4M | −$175,507 | −$137,419 | $1.1M | $529,742 | $683,244 | $341,622 | $1.3M |
| Interest expense | $35,587 | $3,104 | — | $2,928 | $2,183 | $2,183 | $2,183 | — | — | — | — | — |
| Income before taxes | −$451,780 | −$178,581 | −$2.7M | −$5.3M | −$2.7M | −$174,583 | −$136,695 | $1.2M | $591,387 | $668,514 | $334,257 | $1.3M |
| Income taxes | −$21,476 | $8,438 | $43,777 | $87,554 | $43,777 | $2,728 | $3,774 | $238,398 | $119,199 | $106,188 | $53,094 | $193,028 |
| Net income | −$430,304 | −$187,019 | −$2.7M | −$5.4M | −$2.7M | −$169,763 | −$132,921 | $944,374 | $472,187 | $562,328 | $281,164 | $1.1M |
| EBITDA | −$1.3M | $41,571 | −$2.3M | −$4.6M | −$2.3M | $77,477 | −$12,117 | $1.3M | $634,522 | $878,566 | $439,283 | $1.5M |
| EPS (diluted) | — | −$39.67 | −$0.86 | — | −$0.05 | — | — | — | — | — | — | — |
| Gross margin | 18.1% | 22.2% | 25.9% | 25.9% | 25.9% | 35.5% | 35.5% | 38.9% | 38.9% | 43.0% | 43.0% | 52.1% |
| Operating margin | −4.8% | 0.0% | −88.4% | −88.4% | −88.4% | −3.8% | −5.9% | 23.4% | 23.4% | 18.8% | 18.8% | 32.8% |
| Net margin | −6.7% | −25.8% | −98.9% | −98.9% | −98.9% | −3.7% | −5.7% | 20.9% | 20.9% | 15.5% | 15.5% | 28.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in MTEN's financial statements (latest annual report filed April 30, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
MTEN financial results
In fiscal year 2025 (ended December 31, 2025), Mingteng International reported revenue of $11.7 million, up 15.3% from the year before. It had a net loss of $1.8 million, a net profit margin of −15.3%. Diluted earnings per share came to −$17.64. Over five years revenue grew at an average rate of 78.8% a year.
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MTEN income statement FAQ
What is Mingteng International's annual revenue?
Mingteng International reported total revenue of $11.7 million for fiscal year 2025, which ended on December 31, 2025. That was up 15.3% from $10.1 million the previous year.
Is Mingteng International profitable?
No. Mingteng International reported a net loss of $1.8 million in fiscal 2025, a net profit margin of −15.3%; its operating margin was −2.6%.
What is Mingteng International's gross margin?
Mingteng International's gross margin was 22.5% in fiscal 2025: for every $100 of revenue, Mingteng International kept $23 after the direct cost of its products and services.
How much does Mingteng International spend on research and development?
Mingteng International spent $0.8 million on research and development in fiscal 2025, 6.7% of revenue.
How fast is Mingteng International growing?
Revenue grew 78.8% a year on average over the last five fiscal years, from $0.6 million to $11.7 million.
What are Mingteng International's earnings per share?
Mingteng International earned $-17.64 per diluted share in fiscal 2025, compared with $-179.72 a year earlier.
When does Mingteng International's fiscal year end?
Mingteng International's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 30, 2026.