Myomo, Inc. (MYO) Income Statement
MYO 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsMYO revenue and net income
Where MYO's revenue goes
2025Each bar shows an amount and its share of revenue. MYO kept −38.1% of revenue as net income.
MYO profit margins
MYO growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +25.7% | +38.1% | +40.1% | +50.4% |
| Gross profit | +16.0% | +37.9% | +40.1% | +50.7% |
| 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.
MYO quarterly EPS vs estimates
Myomo beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: November 9, 2026 (estimate $-0.08).
MYO income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $40.9M | $32.6M | $19.2M | $15.6M | $13.9M | $7.6M | $3.8M | $2.4M | $1.6M | $1.1M |
| Cost of revenue | $14.0M | $9.4M | $6.1M | $5.3M | $3.5M | $2.6M | $917,623 | $728,279 | $505,280 | $282,164 |
| Gross profit | $26.9M | $23.2M | $13.2M | $10.3M | $10.3M | $5.0M | $2.9M | $1.7M | $1.1M | $821,113 |
| Research & development | $6.9M | $4.8M | $2.6M | $2.5M | $2.6M | $1.7M | $2.2M | $1.8M | $1.8M | $1.1M |
| Sales, general & admin | $34.3M | $24.6M | $18.8M | $18.4M | $18.0M | $13.8M | $11.6M | $10.4M | $5.9M | $3.0M |
| Total operating expenses | $41.3M | $29.4M | $21.4M | $20.9M | $20.6M | $15.5M | $13.7M | $12.2M | $7.6M | $4.1M |
| Operating income | −$14.4M | −$6.2M | −$8.2M | −$10.7M | −$10.3M | −$10.5M | −$10.8M | −$10.5M | −$6.5M | −$3.3M |
| Interest income | $667,500 | $388,586 | $342,801 | $22,220 | $15,340 | $352,000 | $82,000 | $211,680 | $5.4M | $342,020 |
| Interest expense | $927,800 | — | — | $88,731 | $15,336 | $474,709 | $113,631 | $358,916 | $358,916 | $342,020 |
| Income before taxes | −$15.1M | −$5.8M | −$8.0M | −$10.7M | −$10.3M | −$11.6M | −$10.7M | −$10.3M | −$12.1M | −$3.6M |
| Income taxes | $504,532 | $365,617 | $156,002 | $69,937 | $88,928 | $474,709 | −$81,994 | −$247,947 | $5.6M | $342,020 |
| Net income | −$15.6M | −$6.2M | −$8.1M | −$10.7M | −$10.4M | −$11.6M | −$10.7M | −$10.3M | −$12.1M | −$3.6M |
| EBITDA | −$12.2M | −$5.0M | −$7.5M | −$10.1M | −$9.9M | −$11.0M | −$10.7M | −$10.5M | −$6.5M | −$3.3M |
| EPS (diluted) | −$0.37 | −$0.17 | −$0.28 | −$1.52 | −$1.91 | −$4.52 | −$19.01 | −$25.25 | −$13.74 | −$16.93 |
| Gross margin | 65.7% | 71.2% | 68.5% | 65.9% | 74.4% | 65.7% | 76.1% | 70.2% | 67.6% | 74.4% |
| Operating margin | −35.2% | −19.1% | −42.8% | −68.6% | −74.1% | −138.5% | −281.3% | −430.8% | −420.1% | −296.8% |
| Net margin | −38.1% | −19.0% | −42.3% | −68.9% | −74.9% | −152.5% | −279.1% | −422.1% | −776.0% | −327.8% |
| 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 | $11.7M | $10.1M | $11.4M | $10.1M | $9.7M | $9.8M | $12.1M | $9.2M | $7.5M | $3.8M | $4.8M | $5.1M |
| Cost of revenue | $3.3M | $3.2M | $3.6M | $3.6M | $3.6M | $3.2M | $3.5M | $2.3M | $2.2M | $1.5M | $1.7M | $1.6M |
| Gross profit | $8.4M | $6.9M | $7.8M | $6.4M | $6.1M | $6.6M | $8.6M | $6.9M | $5.3M | $2.3M | $3.1M | $3.5M |
| Research & development | $1.7M | $1.6M | $1.6M | $1.5M | $2.0M | $1.8M | $1.6M | $1.2M | $1.0M | $956,215 | $878,006 | $717,256 |
| Sales, general & admin | $9.0M | $8.4M | $8.9M | $8.4M | $8.6M | $8.3M | $7.3M | $6.7M | $5.4M | $5.2M | $4.7M | $4.8M |
| Total operating expenses | $10.7M | $10.1M | $10.6M | $10.0M | $10.6M | $10.1M | $8.9M | $7.9M | $6.4M | $6.2M | $5.5M | $5.5M |
| Operating income | −$2.3M | −$3.2M | −$2.8M | −$3.5M | −$4.6M | −$3.5M | −$245,314 | −$957,553 | −$1.1M | −$3.9M | −$2.4M | −$2.0M |
| Interest income | — | — | $956,300 | $9,740 | $106,549 | $191,991 | $70,031 | $76,020 | $107,242 | $135,293 | $108,221 | $112,300 |
| Interest expense | $535,744 | $504,696 | $739,629 | $9,743 | — | — | — | — | — | — | $51,879 | — |
| Income before taxes | −$4.0M | −$2.8M | −$3.7M | −$3.5M | −$4.5M | −$3.3M | −$175,283 | −$881,533 | −$1.0M | −$3.8M | −$2.4M | −$2.0M |
| Income taxes | $31,404 | $186,715 | $83,878 | $135,658 | $148,201 | $136,795 | $84,798 | $84,876 | $113,785 | $82,158 | $70,798 | $46,356 |
| Net income | −$4.0M | −$3.0M | −$3.8M | −$3.7M | −$4.6M | −$3.5M | −$260,081 | −$966,409 | −$1.1M | −$3.8M | −$2.5M | −$2.0M |
| EBITDA | −$2.9M | −$1.8M | −$2.3M | −$3.1M | −$4.1M | −$2.9M | $290,750 | −$760,315 | −$906,445 | −$3.7M | −$2.3M | −$1.9M |
| EPS (diluted) | −$0.07 | −$0.09 | −$0.09 | −$0.09 | −$0.11 | −$0.08 | −$0.01 | −$0.03 | −$0.03 | −$0.10 | −$0.07 | −$0.06 |
| Gross margin | 72.1% | 68.2% | 68.6% | 63.8% | 62.7% | 67.2% | 71.4% | 75.4% | 70.8% | 61.2% | 65.3% | 68.7% |
| Operating margin | −19.3% | −31.2% | −24.4% | −34.9% | −47.6% | −35.8% | −2.0% | −10.4% | −14.8% | −103.6% | −51.2% | −39.9% |
| Net margin | −34.4% | −29.8% | −33.6% | −36.3% | −48.0% | −35.2% | −2.2% | −10.5% | −14.9% | −102.2% | −51.7% | −39.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in MYO's financial statements (latest annual report filed March 9, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
MYO financial results
In fiscal year 2025 (ended December 31, 2025), Myomo reported revenue of $40.9 million, up 25.7% from the year before. It had a net loss of $15.6 million, a net profit margin of −38.1%. Diluted earnings per share came to −$0.37. Over five years revenue grew at an average rate of 40.1% a year.
See the MYO stock overview for the latest quote and news, or the MYO chart for price history and technical indicators.
MYO income statement FAQ
What is Myomo's annual revenue?
Myomo reported total revenue of $40.9 million for fiscal year 2025, which ended on December 31, 2025. That was up 25.7% from $32.6 million the previous year.
Is Myomo profitable?
No. Myomo reported a net loss of $15.6 million in fiscal 2025, a net profit margin of −38.1%; its operating margin was −35.2%.
What is Myomo's gross margin?
Myomo's gross margin was 65.7% in fiscal 2025: for every $100 of revenue, Myomo kept $66 after the direct cost of its products and services.
How much does Myomo spend on research and development?
Myomo spent $6.9 million on research and development in fiscal 2025, 17.0% of revenue.
How fast is Myomo growing?
Revenue grew 40.1% a year on average over the last five fiscal years, from $7.6 million to $40.9 million.
What are Myomo's earnings per share?
Myomo earned $-0.37 per diluted share in fiscal 2025, compared with $-0.17 a year earlier.
When will Myomo report its next earnings?
Myomo is expected to report results for the quarter ending September 30, 2026 on November 9, 2026 after the market closes.
When does Myomo's fiscal year end?
Myomo's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 9, 2026.