Paranovus Entertainment Technology Ltd. (PAVS) Income Statement
PAVS FY2026 at a glance
Fiscal year ended March 31, 2026 · U.S. dollarsPAVS revenue and net income
Where PAVS's revenue goes
FY2026Each bar shows an amount and its share of revenue. PAVS kept −87.2% of revenue as net income.
PAVS profit margins
PAVS growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +20,310.9% | −14.5% | −27.2% | — |
| Gross profit | — | +79.6% | −33.2% | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
PAVS quarterly EPS vs estimates
Paranovus Entertainment Technology beat the analyst EPS estimate in 0 of the last 4 quarters. Next report: November 13, 2026.
PAVS income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $14.6M | $71,542 | $6.5M | $23.3M | $89.5M | $71.5M | $65.1M | $63.9M | $61.5M | $53.0M |
| Cost of revenue | $12.2M | $442,526 | $380,000 | $22.9M | $85.8M | $53.3M | $34.6M | $31.7M | $32.1M | $27.2M |
| Gross profit | $2.4M | −$370,984 | −$380,000 | $416,883 | $3.7M | $18.2M | $30.4M | $32.2M | $29.4M | $25.8M |
| Research & development | — | — | — | $1.4M | $1.7M | $1.7M | $2.4M | $2.2M | $1.9M | $1.7M |
| Sales, general & admin | $5.8M | $2.3M | $2.5M | $3.1M | $11.4M | $15.0M | $12.7M | $8.2M | $7.3M | $7.0M |
| Total operating expenses | $5.8M | $1.9M | $2.1M | $5.0M | $51.3M | $16.6M | $15.0M | $10.4M | $9.1M | $8.6M |
| Operating income | −$3.4M | −$2.3M | −$2.5M | −$4.5M | −$47.6M | $1.5M | $15.4M | $21.8M | $20.2M | $17.2M |
| Interest income | $216,758 | $156 | $345 | $31,886 | $108,395 | $131,901 | $74,929 | $42,038 | — | — |
| Interest expense | $262,514 | $261,854 | $39,167 | $72,303 | $85,993 | $111,799 | $98,086 | $83,549 | $133,284 | $493,725 |
| Income before taxes | −$14.5M | −$7.0M | −$4.3M | −$4.5M | −$57.7M | $1.7M | $15.5M | $21.9M | $20.4M | $17.0M |
| Income taxes | $1.2M | — | $13.9M | $2,996 | −$3.7M | $959,384 | $2.8M | $3.2M | $2.9M | $2.5M |
| Net income | −$12.7M | −$7.5M | −$17.7M | −$71.7M | −$49.2M | $786,356 | $12.7M | $18.7M | $17.5M | $14.5M |
| EBITDA | −$12.0M | −$1.9M | −$2.1M | −$4.5M | −$45.4M | $2.4M | $16.1M | $22.5M | $20.4M | $17.3M |
| EPS (diluted) | — | −$1.12 | −$0.12 | −$15.16 | −$5.27 | $0.20 | $9.30 | $0.70 | $15.21 | $0.15 |
| Gross margin | 16.5% | −518.6% | −5.8% | 1.8% | 4.1% | 25.4% | 46.8% | 50.4% | 47.7% | 48.7% |
| Operating margin | −23.1% | −3,213.6% | −37.6% | −19.5% | −53.2% | 2.1% | 23.7% | 34.2% | 32.9% | 32.5% |
| Net margin | −87.2% | −10,519.7% | −270.0% | −307.5% | −55.0% | 1.1% | 19.5% | 29.3% | 28.4% | 27.4% |
| Jun '26 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | Mar '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.2M | $12.4M | $3,088 | $68,454 | $1,544 | $68,454 | $34,227 | $250,854 | $125,427 | $6.3M | $6.5M | $6.5M |
| Cost of revenue | $3.4M | $11.0M | $193,348 | $249,178 | $1,674 | $59,178 | $190,000 | $246,964 | $123,482 | $190,000 | $6.4M | $6.4M |
| Gross profit | −$1.2M | $1.4M | −$190,260 | −$180,724 | −$130 | $9,276 | −$190,000 | $3,890 | $1,945 | −$190,000 | $25,599 | $25,600 |
| Research & development | — | — | — | — | — | — | — | — | — | — | $994,574 | $5,742 |
| Sales, general & admin | — | — | $573,679 | $1.1M | $573,679 | $1.2M | $583,007 | $1.2M | $616,509 | $1.2M | $741,710 | $2.5M |
| Total operating expenses | $1.5M | $2.0M | $952,045 | $976,013 | $2.8M | $1.2M | $1.0M | $17.4M | $6.8M | $1.0M | $2.5M | $2.5M |
| Operating income | −$2.7M | −$627,590 | −$1.1M | −$1.2M | −$2.8M | −$1.2M | −$1.2M | $6.1M | −$1.5M | −$1.2M | −$2.5M | −$2.5M |
| Interest expense | $80,148 | $182,366 | $148,669 | $113,185 | — | $113,185 | $39,167 | $39,167 | — | — | $37,249 | $37,249 |
| Income before taxes | −$13.9M | −$583,244 | −$5.7M | −$1.3M | −$2.9M | −$1.3M | −$3.1M | −$13.5M | −$1.5M | −$1.2M | −$2.4M | −$2.4M |
| Income taxes | $1.2M | — | — | — | — | — | −$1 | — | $99,433 | $1.6M | −$41,284 | −$41,284 |
| Net income | −$12.1M | −$680,952 | −$5.7M | −$1.8M | −$3.1M | −$1.8M | −$2.4M | −$18.3M | −$6.9M | −$15.3M | −$52.4M | −$1.9M |
| EBITDA | −$1.6M | $453,389 | −$952,305 | −$966,737 | −$476,152 | −$966,738 | −$1.0M | −$5.7M | $4.1M | −$1.0M | −$2.4M | −$2.4M |
| EPS (diluted) | — | −$0.01 | −$0.04 | −$0.04 | — | — | −$1.38 | — | — | — | — | — |
| Gross margin | −56.9% | 11.3% | −6,161.3% | −264.0% | −8.4% | 13.6% | −555.1% | 1.6% | 1.6% | −3.0% | 0.4% | 0.4% |
| Operating margin | −125.5% | −5.1% | −36,991.7% | −1,689.8% | −182,215.8% | −1,689.8% | −3,602.5% | 2,432.5% | −1,212.2% | −19.5% | −38.5% | −38.4% |
| Net margin | −550.5% | −5.5% | −184,854.5% | −2,655.4% | −198,425.6% | −2,579.6% | −6,999.8% | −7,303.8% | −5,475.9% | −242.7% | −811.7% | −30.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in PAVS's financial statements (latest annual report filed August 14, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
PAVS financial results
In fiscal year 2026 (ended March 31, 2026), Paranovus Entertainment Technology reported revenue of $14.6 million, up 20,310.9% from the year before. It had a net loss of $12.7 million, a net profit margin of −87.2%. Over five years revenue grew at an average rate of −27.2% a year.
See the PAVS stock overview for the latest quote and news, or the PAVS chart for price history and technical indicators.
PAVS income statement FAQ
What is Paranovus Entertainment Technology's annual revenue?
Paranovus Entertainment Technology reported total revenue of $14.6 million for fiscal year 2026, which ended on March 31, 2026. That was up 20,310.9% from $0.1 million the previous year.
Is Paranovus Entertainment Technology profitable?
No. Paranovus Entertainment Technology reported a net loss of $12.7 million in fiscal 2026, a net profit margin of −87.2%; its operating margin was −23.1%.
What is Paranovus Entertainment Technology's gross margin?
Paranovus Entertainment Technology's gross margin was 16.5% in fiscal 2026: for every $100 of revenue, Paranovus Entertainment Technology kept $17 after the direct cost of its products and services.
How fast is Paranovus Entertainment Technology growing?
Revenue grew −27.2% a year on average over the last five fiscal years, from $71.5 million to $14.6 million.
When will Paranovus Entertainment Technology report its next earnings?
Paranovus Entertainment Technology is expected to report results for the quarter ending September 30, 2026 on November 13, 2026.
When does Paranovus Entertainment Technology's fiscal year end?
Paranovus Entertainment Technology's fiscal year ends in March. The latest annual report covers the year ended March 31, 2026 and was filed on August 14, 2026.