Rail Vision Ltd. (RVSN) Income Statement
RVSN 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsRVSN revenue and net income
Where RVSN's revenue goes
2025Each bar shows an amount and its share of revenue. RVSN kept −746.5% of revenue as net income.
RVSN profit margins
RVSN growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +14.4% | — | — | — |
| Gross profit | +22.7% | — | — | — |
| 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.
RVSN quarterly EPS vs estimates
Rail Vision beat the analyst EPS estimate in 3 of the last 6 quarters.
RVSN income statement
| 2025 | 2024 | 2017 | 2016 | |
|---|---|---|---|---|
| Revenue | $1.5M | $1.3M | $0 | $0 |
| Cost of revenue | $935,000 | $850,000 | $50,000 | $7,000 |
| Gross profit | $552,000 | $450,000 | −$50,000 | −$7,000 |
| Research & development | $6.9M | $396,000 | $2.6M | $533,000 |
| Sales, general & admin | $5.4M | $4.3M | $1.3M | $471,000 |
| Total operating expenses | $12.3M | $9.5M | $3.8M | $846,000 |
| Operating income | −$11.7M | −$9.0M | −$3.9M | −$853,000 |
| Interest income | $912,000 | $272,000 | — | — |
| Interest expense | $58,000 | $1.3M | — | $34,000 |
| Income before taxes | −$11.1M | −$30.7M | −$3.8M | −$887,000 |
| Net income | −$11.1M | −$30.7M | −$3.8M | −$887,000 |
| EBITDA | −$10.9M | −$8.9M | −$3.8M | −$1.3M |
| EPS (diluted) | −$0.11 | −$0.75 | −$282.87 | — |
| Gross margin | 37.1% | 34.6% | — | — |
| Operating margin | −789.2% | −692.6% | — | — |
| Net margin | −746.5% | −2,362.2% | — | — |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $507,499 | $507,499 | $625,000 | $625,000 | $118,500 | $118,500 | $269,500 | $269,500 | $380,500 | $380,500 |
| Cost of revenue | $349,000 | $349,000 | $373,000 | $373,000 | $94,500 | $94,500 | $239,000 | $239,000 | $186,000 | $186,000 |
| Gross profit | $158,500 | $158,500 | $252,000 | $252,000 | $24,000 | $24,000 | $30,500 | $30,500 | $194,500 | $194,500 |
| Research & development | $2.6M | $2.6M | $1.8M | $1.8M | $1.6M | $1.6M | $1.4M | $1.4M | $1.2M | $1.2M |
| Sales, general & admin | $1.6M | $1.6M | $1.5M | $1.5M | $1.3M | $1.3M | $1.0M | $1.0M | $1.1M | $1.1M |
| Total operating expenses | $4.2M | $4.2M | $3.3M | $3.3M | $2.9M | $2.9M | $2.4M | $2.4M | $2.3M | $2.3M |
| Operating income | −$4.0M | −$4.0M | −$3.0M | −$3.0M | −$2.9M | −$2.9M | −$2.4M | −$2.4M | −$2.1M | −$2.1M |
| Interest expense | — | — | — | — | — | — | — | — | $652,000 | $652,000 |
| Income before taxes | −$3.7M | −$3.7M | −$2.7M | −$2.7M | −$2.8M | −$2.8M | −$3.2M | −$3.2M | −$12.2M | −$12.2M |
| Net income | −$3.6M | −$3.6M | −$2.7M | −$2.7M | −$2.8M | −$2.8M | −$3.2M | −$3.2M | −$12.2M | −$12.2M |
| EBITDA | −$4.0M | −$4.0M | −$3.0M | −$3.0M | −$2.8M | −$2.8M | −$2.5M | −$2.5M | −$2.0M | −$2.0M |
| EPS (diluted) | — | — | $0.00 | $0.00 | −$0.11 | — | −$0.31 | $0.00 | −$0.44 | — |
| Gross margin | 31.2% | 31.2% | 40.3% | 40.3% | 20.3% | 20.3% | 11.3% | 11.3% | 51.1% | 51.1% |
| Operating margin | −791.0% | −791.0% | −482.4% | −482.4% | −2,407.2% | −2,407.2% | −894.1% | −894.1% | −549.9% | −549.9% |
| Net margin | −714.8% | −714.8% | −433.7% | −433.7% | −2,396.2% | −2,396.2% | −1,184.4% | −1,184.4% | −3,196.3% | −3,196.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in RVSN's financial statements (latest annual report filed March 31, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
RVSN financial results
In fiscal year 2025 (ended December 31, 2025), Rail Vision reported revenue of $1.5 million, up 14.4% from the year before. It had a net loss of $11.1 million, a net profit margin of −746.5%. Diluted earnings per share came to −$0.11.
See the RVSN stock overview for the latest quote and news, or the RVSN chart for price history and technical indicators.
RVSN income statement FAQ
What is Rail Vision's annual revenue?
Rail Vision reported total revenue of $1.5 million for fiscal year 2025, which ended on December 31, 2025. That was up 14.4% from $1.3 million the previous year.
Is Rail Vision profitable?
No. Rail Vision reported a net loss of $11.1 million in fiscal 2025, a net profit margin of −746.5%; its operating margin was −789.2%.
What is Rail Vision's gross margin?
Rail Vision's gross margin was 37.1% in fiscal 2025: for every $100 of revenue, Rail Vision kept $37 after the direct cost of its products and services.
How much does Rail Vision spend on research and development?
Rail Vision spent $6.9 million on research and development in fiscal 2025, 461.6% of revenue.
What are Rail Vision's earnings per share?
Rail Vision earned $-0.11 per diluted share in fiscal 2025, compared with $-0.75 a year earlier.
When does Rail Vision's fiscal year end?
Rail Vision's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 31, 2026.