Swarmer, Inc (SWMR) Income Statement
SWMR 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsSWMR revenue and net income
Where SWMR's revenue goes
2025Each bar shows an amount and its share of revenue. SWMR kept −2,752.1% of revenue as net income.
SWMR profit margins
SWMR growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −5.9% | — | — | — |
| Gross profit | −9.8% | — | — | — |
| 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.
SWMR quarterly EPS vs estimates
Swarmer beat the analyst EPS estimate in 0 of the last 2 quarters. Next report: November 12, 2026 (estimate $-0.14).
SWMR income statement
| 2025 | 2024 | |
|---|---|---|
| Revenue | $309,920 | $329,410 |
| Cost of revenue | $182,163 | $187,848 |
| Gross profit | $127,757 | $141,562 |
| Research & development | $2.6M | $1.0M |
| Sales, general & admin | $2.7M | $368,795 |
| Total operating expenses | $5.2M | $1.4M |
| Operating income | −$5.1M | −$1.2M |
| Income before taxes | −$8.5M | −$2.1M |
| Income taxes | — | $1,735 |
| Net income | −$8.5M | −$2.1M |
| EBITDA | −$8.5M | −$2.1M |
| Gross margin | 41.2% | 43.0% |
| Operating margin | −1,650.8% | −376.0% |
| Net margin | −2,752.1% | −628.3% |
| Jun '26 | Mar '26 | Jun '25 | Mar '25 | |
|---|---|---|---|---|
| Revenue | $216,413 | $20,325 | $138,206 | $110,704 |
| Cost of revenue | $32,816 | $39,924 | $56,176 | $45,542 |
| Gross profit | $183,597 | −$19,599 | $82,030 | $65,162 |
| Research & development | $1.8M | $1.5M | $577,256 | $522,198 |
| Sales, general & admin | $5.7M | $3.0M | $277,591 | $255,281 |
| Total operating expenses | $7.5M | $4.5M | $911,023 | $823,021 |
| Operating income | −$7.3M | −$4.5M | −$772,817 | −$712,317 |
| Income before taxes | −$7.3M | −$4.5M | −$1.6M | −$693,977 |
| Net income | −$7.3M | −$4.5M | −$1.6M | −$693,977 |
| EBITDA | −$7.3M | −$4.4M | −$772,817 | −$712,317 |
| EPS (diluted) | −$0.45 | −$0.28 | — | — |
| Gross margin | 84.8% | −96.4% | 59.4% | 58.9% |
| Operating margin | −3,363.7% | −22,192.2% | −559.2% | −643.4% |
| Net margin | −3,384.7% | −21,937.7% | −1,177.4% | −626.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in SWMR's financial statements (latest annual report filed December 31, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
SWMR financial results
In fiscal year 2025 (ended December 31, 2025), Swarmer reported revenue of $0.3 million, down 5.9% from the year before. It had a net loss of $8.5 million, a net profit margin of −2,752.1%.
See the SWMR stock overview for the latest quote and news, or the SWMR chart for price history and technical indicators.
SWMR income statement FAQ
What is Swarmer's annual revenue?
Swarmer reported total revenue of $0.3 million for fiscal year 2025, which ended on December 31, 2025. That was down 5.9% from $0.3 million the previous year.
Is Swarmer profitable?
No. Swarmer reported a net loss of $8.5 million in fiscal 2025, a net profit margin of −2,752.1%; its operating margin was −1,650.8%.
What is Swarmer's gross margin?
Swarmer's gross margin was 41.2% in fiscal 2025: for every $100 of revenue, Swarmer kept $41 after the direct cost of its products and services.
How much does Swarmer spend on research and development?
Swarmer spent $2.6 million on research and development in fiscal 2025, 832.1% of revenue.
When will Swarmer report its next earnings?
Swarmer is expected to report results for the quarter ending September 30, 2026 on November 12, 2026 before the market opens.
When does Swarmer's fiscal year end?
Swarmer's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on December 31, 2025.