Oxford Square Capital Corp. (OXSQ) Income Statement
OXSQ 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsOXSQ revenue and net income
OXSQ profit margins
OXSQ growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −100.0% | — | — | — |
| Gross profit | −133.4% | — | — | — |
| Operating income | −146.2% | — | — | — |
| Net income | −418.6% | — | — | — |
| EPS (diluted) | −27.9% | −9.6% | −5.4% | −10.3% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
OXSQ quarterly EPS vs estimates
Oxford Square Capital beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: November 3, 2026 (estimate $0.05).
OXSQ income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $42.7M | $33.6M | $0 | $43.9M | $5.5M | $0 | $0 | $49.4M | $132.9M |
| Cost of revenue | $9.2M | −$63.5M | $10.8M | $12.4M | $6.5M | $4.7M | $28.7M | $5.5M | $24.9M | $31.3M |
| Gross profit | −$14.2M | $42.7M | $22.7M | −$81.4M | $43.9M | $5.5M | −$28.7M | −$5.5M | $49.4M | $132.9M |
| Research & development | — | — | $0 | $2 | $2 | $0 | $1 | — | — | — |
| Sales, general & admin | $2.8M | $2.1M | $3.2M | $3.2M | $3.8M | $3.3M | $3.3M | $2.8M | $5.0M | $21.6M |
| Total operating expenses | $4.5M | $2.1M | $5.5M | $4.2M | $4.3M | $3.8M | $4.1M | $3.7M | $5.8M | $22.5M |
| Operating income | −$18.7M | $40.5M | $17.2M | −$85.6M | $39.6M | $1.7M | −$32.8M | −$2.0M | $56.5M | $130.3M |
| Interest income | $21.1M | $24.9M | $33.1M | $25.2M | $17.4M | $20.3M | $28.0M | $25.5M | $24.9M | $34.5M |
| Interest expense | $9.2M | $7.8M | $10.8M | $12.4M | $10.5M | $7.9M | $9.9M | $7.2M | $12.9M | $20.0M |
| Income before taxes | −$18.7M | $5.9M | $17.2M | −$85.6M | $39.6M | $1.7M | −$32.8M | −$9.2M | $43.6M | $110.4M |
| Income taxes | — | — | $28.3M | $12.4M | $50.1M | $9.6M | −$22.8M | $0 | $0 | $0 |
| Net income | −$18.7M | $5.9M | $17.2M | −$85.6M | $39.6M | $1.7M | −$32.8M | −$9.2M | $43.6M | $110.4M |
| EBITDA | −$18.7M | $13.7M | $17.2M | −$85.6M | $794.46B | $1.7M | −$32.8M | −$2.0M | $56.5M | $130.3M |
| EPS (diluted) | $0.31 | $0.43 | $0.21 | $0.42 | $0.33 | $0.41 | $0.82 | $0.67 | $0.58 | $0.46 |
| Gross margin | — | 100.0% | 67.8% | — | 100.0% | 100.0% | — | — | 100.0% | 100.0% |
| Operating margin | — | 95.0% | 51.3% | — | 90.2% | 30.9% | — | — | 114.4% | 98.1% |
| Net margin | — | 13.8% | 51.3% | — | 90.2% | 30.9% | — | — | 88.3% | 83.1% |
| 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 | $4.2M | $0 | $0 | $1.7M | $7.4M | $0 | $6.3M | $2.2M | $8.0M | $1.4M | $0 | $11.1M |
| Cost of revenue | $961,643 | $2.8M | $2.8M | $2.6M | $1.9M | $2.0M | $2.0M | $2.0M | $2.0M | $2.0M | $2.1M | $2.5M |
| Gross profit | $3.2M | −$24.5M | −$11.8M | −$903,599 | $5.5M | −$7.1M | $4.3M | $233,201 | $6.0M | −$577,320 | −$5.9M | $8.6M |
| Sales, general & admin | $800,230 | $659,293 | $656,807 | $709,351 | $804,378 | $678,711 | $557,907 | $770,534 | $938,556 | $674,372 | $801,441 | $956,161 |
| Total operating expenses | −$3.6M | $1.0M | $1.2M | $1.2M | $1.1M | $1.0M | $1.0M | $1.1M | $739,214 | $1.2M | $1.4M | $1.7M |
| Operating income | $6.8M | −$25.5M | −$12.9M | −$2.1M | $4.4M | −$8.1M | $3.3M | −$874,541 | $5.3M | −$1.8M | −$7.3M | $6.9M |
| Interest income | $5.4M | $5.1M | $5.3M | $5.2M | $5.1M | $5.5M | $5.4M | $6.1M | $7.0M | $6.4M | $8.0M | $8.5M |
| Interest expense | $2.8M | $2.8M | $2.8M | $2.6M | $1.9M | $2.0M | $2.0M | $2.0M | $2.0M | $2.0M | $2.1M | $2.5M |
| Income before taxes | $4.0M | −$25.5M | −$12.9M | −$2.1M | $4.4M | −$8.1M | $3.3M | −$874,541 | $5.3M | −$1.8M | −$7.3M | $6.9M |
| Income taxes | — | — | — | — | — | — | — | — | — | $325,800 | −$43,812 | $39,586 |
| Net income | $4.0M | −$25.5M | −$12.9M | −$2.1M | $4.4M | −$8.1M | $3.3M | −$874,541 | $5.3M | −$1.8M | −$7.3M | $6.9M |
| EBITDA | $6.8M | −$25.5M | −$12.9M | −$2.1M | $4.4M | −$8.1M | $3.3M | −$874,541 | $5.3M | −$1.8M | −$7.3M | $6.9M |
| EPS (diluted) | $0.05 | $0.05 | $0.07 | $0.07 | $0.08 | $0.09 | $0.09 | $0.10 | $0.13 | $0.11 | −$0.16 | $0.11 |
| Gross margin | 77.0% | — | — | −54.6% | 74.0% | — | 68.7% | 10.6% | 75.4% | −41.7% | — | 77.2% |
| Operating margin | 162.2% | — | — | −126.4% | 59.1% | — | 52.0% | −39.8% | 66.1% | −127.8% | — | 61.8% |
| Net margin | 95.4% | — | — | −126.4% | 59.1% | — | 52.0% | −39.8% | 66.1% | −127.8% | — | 61.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in OXSQ's financial statements (latest annual report filed March 6, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
OXSQ financial results
Oxford Square Capital reported no revenue in fiscal year 2025 (ended December 31, 2025). It had a net loss of $18.7 million. Diluted earnings per share came to $0.31.
See the OXSQ stock overview for the latest quote and news, or the OXSQ chart for price history and technical indicators.
OXSQ income statement FAQ
Does Oxford Square Capital have revenue?
Oxford Square Capital reported no revenue for fiscal year 2025, which ended on December 31, 2025.
Is Oxford Square Capital profitable?
No. Oxford Square Capital reported a net loss of $18.7 million in fiscal 2025.
What are Oxford Square Capital's earnings per share?
Oxford Square Capital earned $0.31 per diluted share in fiscal 2025, compared with $0.43 a year earlier.
When will Oxford Square Capital report its next earnings?
Oxford Square Capital is expected to report results for the quarter ending September 30, 2026 on November 3, 2026 before the market opens.
When does Oxford Square Capital's fiscal year end?
Oxford Square Capital's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 6, 2026.