Rain Enhancement Technologies Holdco, Inc. (RAIN) Income Statement
RAIN 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsRAIN revenue and net income
RAIN growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| Gross profit | — | — | — | — |
| 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.
RAIN quarterly EPS vs estimates
Rain Enhancement Technologies Holdco beat the analyst EPS estimate in 1 of the last 1 quarters. Next report: November 12, 2026.
RAIN income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cost of revenue | $18,576 | $11,675 | — | — | — | — | — |
| Gross profit | −$18,576 | −$11,675 | — | — | — | — | — |
| Research & development | $62,011 | $0 | — | $61.4M | $40.8M | $15.4M | $7.3M |
| Sales, general & admin | $7.6M | $4.5M | $409,848 | $15.7M | $10.7M | $3.6M | $3.5M |
| Total operating expenses | $7.7M | $4.5M | $410,073 | $77.1M | $533,130 | $19.0M | $10.8M |
| Operating income | −$7.7M | −$4.5M | −$410,073 | −$77.1M | −$533,130 | −$19.0M | −$10.8M |
| Interest income | $95 | $91 | $107 | — | — | — | — |
| Interest expense | $284,465 | $30,246 | $27,041 | — | — | $135,000 | $32,000 |
| Income before taxes | −$9.1M | −$4.5M | −$437,007 | −$75.7M | $4.4M | −$21.1M | −$10.9M |
| Income taxes | — | — | — | $3,000 | $2,000 | −$1.9M | −$219,000 |
| Net income | −$9.1M | −$4.5M | −$437,007 | −$75.7M | $4.4M | −$19.2M | −$10.7M |
| EBITDA | −$8.8M | −$4.5M | −$397,318 | −$77.1M | $4.8M | −$20.9M | −$10.8M |
| EPS (diluted) | −$1.56 | −$0.66 | −$1.25 | −$1.30 | −$1.98 | −$10.81 | — |
| 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 | $0 | $10,500 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cost of revenue | $13,270 | $13,270 | $328,138 | $55,594 | $2,919 | $2,919 | — | $0 | — | — | — | — |
| Gross profit | −$13,270 | −$2,770 | −$328,138 | −$55,594 | −$2,919 | −$2,919 | — | $0 | — | — | — | — |
| Research & development | $31,903 | $40,729 | $14,284 | $46,243 | $0 | $0 | — | $0 | — | — | — | — |
| Sales, general & admin | $2.9M | $1.8M | $3.7M | $1.5M | $1.1M | $1.3M | $1.2M | $3.0M | $314,473 | $21,028 | $42,623 | $27,921 |
| Total operating expenses | $3.1M | $1.8M | $4.1M | $1.6M | $1.1M | $1.3M | $1.2M | $3.0M | $317,392 | $23,947 | $42,679 | $27,977 |
| Operating income | −$3.1M | −$1.8M | −$4.1M | −$1.6M | −$1.1M | −$1.3M | −$1.2M | −$3.0M | −$317,392 | −$23,947 | −$42,679 | −$27,977 |
| Interest income | $23 | $18 | $19 | $16 | $20 | $40 | $27 | $58 | $0 | $4 | $10 | — |
| Interest expense | $310,097 | $139,459 | $38,933 | $243,225 | $33,090 | $47,083 | $7,972 | $7,479 | $7,396 | $7,397 | $7,480 | $7,479 |
| Income before taxes | −$3.2M | −$1.9M | −$4.5M | −$2.2M | −$952,771 | −$1.5M | −$1.2M | −$3.0M | −$324,788 | −$31,340 | −$50,149 | −$35,441 |
| Income taxes | — | — | — | — | — | — | — | — | — | — | — | −$154,000 |
| Net income | −$3.2M | −$1.9M | −$4.5M | −$2.2M | −$952,771 | −$1.5M | −$1.2M | −$3.0M | −$324,788 | −$31,340 | −$50,149 | −$35,441 |
| EBITDA | −$2.9M | −$1.7M | −$4.5M | −$2.0M | −$916,762 | −$1.4M | — | −$3.0M | −$321,869 | −$21,024 | −$39,750 | $126,038 |
| EPS (diluted) | −$0.40 | −$0.24 | −$0.54 | −$0.29 | −$0.32 | −$0.20 | — | −$0.11 | −$0.07 | −$0.04 | $0.11 | −$0.19 |
| Gross margin | — | −26.4% | — | — | — | — | — | — | — | — | — | — |
| Operating margin | — | −17,456.3% | — | — | — | — | — | — | — | — | — | — |
| Net margin | — | −17,716.5% | — | — | — | — | — | — | — | — | — | — |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in RAIN's financial statements (latest annual report filed April 15, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
RAIN financial results
Rain Enhancement Technologies Holdco reported no revenue in fiscal year 2025 (ended December 31, 2025). It had a net loss of $9.1 million. Diluted earnings per share came to −$1.56.
See the RAIN stock overview for the latest quote and news, or the RAIN chart for price history and technical indicators.
RAIN income statement FAQ
Does Rain Enhancement Technologies Holdco have revenue?
Rain Enhancement Technologies Holdco reported no revenue for fiscal year 2025, which ended on December 31, 2025.
Is Rain Enhancement Technologies Holdco profitable?
No. Rain Enhancement Technologies Holdco reported a net loss of $9.1 million in fiscal 2025.
How much does Rain Enhancement Technologies Holdco spend on research and development?
Rain Enhancement Technologies Holdco spent $0.1 million on research and development in fiscal 2025.
What are Rain Enhancement Technologies Holdco's earnings per share?
Rain Enhancement Technologies Holdco earned $-1.56 per diluted share in fiscal 2025, compared with $-0.66 a year earlier.
When will Rain Enhancement Technologies Holdco report its next earnings?
Rain Enhancement Technologies Holdco is expected to report results for the quarter ending September 30, 2026 on November 12, 2026.
When does Rain Enhancement Technologies Holdco's fiscal year end?
Rain Enhancement Technologies Holdco's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 15, 2026.