The ONE Group Hospitality, Inc. (STKS) Income Statement
STKS 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsSTKS revenue and net income
Where STKS's revenue goes
2025Each bar shows an amount and its share of revenue. STKS kept −11.4% of revenue as net income.
STKS profit margins
STKS growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +19.7% | +36.5% | +41.5% | +29.5% |
| Gross profit | −21.9% | +12.9% | +35.6% | +22.1% |
| Operating income | +306.3% | +39.0% | — | — |
| 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.
STKS quarterly EPS vs estimates
ONE Group Hospitality beat the analyst EPS estimate in 2 of the last 8 quarters. Next report: November 5, 2026 (estimate $-0.51).
STKS income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $805.7M | $673.3M | $332.8M | $316.6M | $277.2M | $141.9M | $120.7M | $85.6M | $79.8M | $72.4M |
| Cost of revenue | $709.8M | $550.6M | $267.0M | $250.1M | $212.0M | $121.1M | $95.9M | $64.7M | $62.0M | $57.1M |
| Gross profit | $95.9M | $122.8M | $65.8M | $66.6M | $65.2M | $20.9M | $24.8M | $20.9M | $17.8M | $15.3M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $52.5M | $44.2M | $39.6M | $29.1M | $26.6M | $13.9M | $11.5M | $12.5M | $13.2M | $17.2M |
| Total operating expenses | $52.1M | $112.0M | $56.5M | $50.3M | $45.8M | $34.6M | $12.0M | $15.1M | $16.5M | $19.8M |
| Operating income | $43.8M | $10.8M | $9.3M | $16.3M | $19.4M | −$13.7M | $12.8M | $5.8M | −$2.1M | −$6.4M |
| Interest income | — | — | — | — | — | — | $2.0M | $1.2M | $1.2M | — |
| Interest expense | $40.9M | $31.1M | $7.0M | $2.1M | $3.8M | $5.3M | $2.0M | $1.2M | $1.2M | $464,165 |
| Income before taxes | −$32.9M | −$24.5M | $2.3M | $14.2M | $33.5M | −$19.0M | $10.0M | $4.6M | −$3.3M | −$6.0M |
| Income taxes | $60.7M | −$7.8M | −$1.8M | $874,000 | $1.6M | −$5.4M | −$11.2M | $713,000 | $650,000 | $10.4M |
| Net income | −$92.2M | −$15.8M | $4.7M | $13.5M | $31.3M | −$12.8M | $20.8M | $3.3M | −$4.2M | −$16.7M |
| EBITDA | $51.2M | $40.7M | $34.0M | $26.3M | $38.6M | $7.0M | $13.6M | $8.5M | $393,000 | −$2.9M |
| EPS (diluted) | −$2.24 | −$0.27 | $0.25 | $0.56 | $0.62 | −$0.29 | $0.55 | $0.12 | −$0.01 | −$0.06 |
| Gross margin | 11.9% | 18.2% | 19.8% | 21.0% | 23.5% | 14.7% | 20.5% | 24.4% | 22.3% | 21.1% |
| Operating margin | 5.4% | 1.6% | 2.8% | 5.1% | 7.0% | −9.6% | 10.6% | 6.8% | −2.6% | −8.8% |
| Net margin | −11.4% | −2.4% | 1.4% | 4.3% | 11.3% | −9.0% | 17.3% | 3.8% | −5.3% | −23.0% |
| 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 | $200.5M | $212.8M | $207.0M | $180.2M | $207.4M | $211.1M | $221.9M | $194.0M | $172.5M | $85.0M | $89.9M | $76.9M |
| Cost of revenue | $175.9M | $180.0M | $175.7M | $157.3M | $183.6M | $171.9M | $177.7M | $165.5M | $139.6M | $68.4M | $68.7M | $64.6M |
| Gross profit | $24.6M | $32.8M | $31.3M | $22.9M | $23.8M | $39.2M | $44.2M | $28.5M | $32.8M | $16.6M | $21.2M | $12.3M |
| Sales, general & admin | $14.0M | $15.0M | $14.5M | $14.0M | $11.7M | $14.8M | $13.2M | $12.8M | $13.1M | $7.5M | $7.9M | $7.3M |
| Total operating expenses | $14.0M | $15.0M | $14.2M | $30.8M | $11.9M | $28.5M | $31.5M | $31.5M | $31.8M | $17.3M | $16.3M | $14.2M |
| Operating income | $10.6M | $17.8M | $17.1M | −$7.9M | $11.9M | $10.7M | $12.8M | −$3.0M | $1.1M | −$620,000 | $4.9M | −$2.0M |
| Interest expense | $9.6M | $9.7M | $10.3M | $10.7M | $10.3M | $9.8M | $10.5M | $10.7M | $7.9M | $2.1M | $1.9M | $1.7M |
| Income before taxes | −$3.1M | $4.2M | −$5.8M | −$18.4M | −$9.6M | $907,000 | $2.3M | −$13.7M | −$11.0M | −$2.7M | $3.0M | −$3.6M |
| Income taxes | −$716,000 | $1.2M | $559,000 | $59.1M | $699,000 | $285,000 | $346,000 | −$4.6M | −$3.5M | −$268,000 | −$1.5M | −$375,000 |
| Net income | −$2.1M | $3.2M | −$6.4M | −$76.7M | −$10.1M | $975,000 | $2.1M | −$8.9M | −$7.3M | −$2.1M | $4.6M | −$3.1M |
| EBITDA | $21.6M | $24.3M | $15.4M | $3.9M | $11.5M | $26.1M | $38.5M | $13.5M | $22.2M | $9.1M | $18.8M | $1.8M |
| EPS (diluted) | −$0.33 | −$0.13 | −$0.12 | −$2.31 | $0.05 | $0.14 | −$0.03 | −$0.30 | $0.08 | −$0.02 | $0.17 | −$0.08 |
| Gross margin | 12.3% | 15.4% | 15.1% | 12.7% | 11.5% | 18.6% | 19.9% | 14.7% | 19.0% | 19.6% | 23.6% | 16.0% |
| Operating margin | 5.3% | 8.4% | 8.2% | −4.4% | 5.7% | 5.1% | 5.7% | −1.6% | 0.6% | −0.7% | 5.5% | −2.5% |
| Net margin | −1.1% | 1.5% | −3.1% | −42.6% | −4.9% | 0.5% | 0.9% | −4.6% | −4.3% | −2.4% | 5.2% | −4.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in STKS's financial statements (latest annual report filed March 19, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
STKS financial results
In fiscal year 2025 (ended December 31, 2025), ONE Group Hospitality reported revenue of $805.7 million, up 19.7% from the year before. It had a net loss of $92.2 million, a net profit margin of −11.4%. Diluted earnings per share came to −$2.24. Over five years revenue grew at an average rate of 41.5% a year.
See the STKS stock overview for the latest quote and news, or the STKS chart for price history and technical indicators.
STKS income statement FAQ
What is ONE Group Hospitality's annual revenue?
ONE Group Hospitality reported total revenue of $805.7 million for fiscal year 2025, which ended on December 31, 2025. That was up 19.7% from $673.3 million the previous year.
Is ONE Group Hospitality profitable?
No. ONE Group Hospitality reported a net loss of $92.2 million in fiscal 2025, a net profit margin of −11.4%; its operating margin was 5.4%.
What is ONE Group Hospitality's gross margin?
ONE Group Hospitality's gross margin was 11.9% in fiscal 2025: for every $100 of revenue, ONE Group Hospitality kept $12 after the direct cost of its products and services.
How fast is ONE Group Hospitality growing?
Revenue grew 41.5% a year on average over the last five fiscal years, from $141.9 million to $805.7 million.
What are ONE Group Hospitality's earnings per share?
ONE Group Hospitality earned $-2.24 per diluted share in fiscal 2025, compared with $-0.27 a year earlier.
When will ONE Group Hospitality report its next earnings?
ONE Group Hospitality is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 after the market closes.
When does ONE Group Hospitality's fiscal year end?
ONE Group Hospitality's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 19, 2026.