TaoWeave Inc. (TWAV) Income Statement
TWAV 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsTWAV revenue and net income
Where TWAV's revenue goes
2025Each bar shows an amount and its share of revenue. TWAV kept −260.8% of revenue as net income.
TWAV profit margins
TWAV growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +2.5% | −23.7% | −30.8% | −20.9% |
| Gross profit | +206.3% | −13.1% | −27.1% | −19.1% |
| 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.
TWAV quarterly EPS vs estimates
TaoWeave beat the analyst EPS estimate in 0 of the last 1 quarters. Next report: November 12, 2026.
TWAV income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.4M | $2.4M | $3.8M | $5.5M | $7.7M | $15.3M | $12.8M | $12.6M | $14.8M | $19.2M |
| Cost of revenue | $1.4M | $2.0M | $2.9M | $3.9M | $5.0M | $10.4M | $8.7M | $8.4M | $10.2M | $13.6M |
| Gross profit | $1.0M | $331,000 | $911,000 | $1.5M | $2.7M | $4.9M | $4.1M | $4.2M | $4.6M | $5.6M |
| Research & development | $10,000 | $155,000 | $20,000 | $1.7M | $2.9M | $3.7M | $2.0M | $921,000 | $1.1M | $1.1M |
| Sales, general & admin | $4.0M | $4.4M | $5.2M | $6.7M | $8.6M | — | — | — | — | — |
| Total operating expenses | $4.0M | $4.5M | $5.4M | $23.5M | $14.5M | $13.8M | $8.9M | $5.9M | $5.2M | $7.0M |
| Operating income | −$3.0M | −$4.2M | −$4.5M | −$22.0M | −$11.8M | −$8.9M | −$4.8M | −$1.6M | −$654,000 | −$1.4M |
| Interest income | $128,000 | $169,000 | $166,000 | $59,000 | $227,000 | — | — | — | — | — |
| Interest expense | — | $0 | $28,000 | $19,000 | $22,000 | $352,000 | $187,000 | $891,000 | $1.1M | $1.5M |
| Income before taxes | −$6.4M | −$4.0M | −$4.4M | −$21.9M | −$9.1M | −$7.3M | −$7.8M | −$7.2M | $5.6M | −$3.6M |
| Income taxes | $2,000 | $10,000 | $27,000 | −$7,000 | −$90,000 | $103,000 | — | $13,000 | −$230,000 | −$79,000 |
| Net income | −$6.4M | −$4.0M | −$4.4M | −$21.9M | −$9.1M | −$7.4M | −$7.8M | −$7.2M | $5.8M | −$3.5M |
| EBITDA | −$3.0M | −$4.0M | −$4.0M | −$20.0M | −$6.4M | −$2.8M | −$6.3M | −$5.5M | −$9.8M | −$126,000 |
| EPS (diluted) | −$1.91 | −$16.55 | −$46.89 | −$1.06 | −$137.17 | −$1.59 | −$1.53 | −$0.16 | −$16.31 | −$597.28 |
| Gross margin | 41.6% | 13.9% | 23.9% | 28.2% | 35.1% | 32.0% | 31.8% | 33.5% | 30.9% | 29.0% |
| Operating margin | −121.5% | −176.7% | −118.0% | −401.5% | −152.4% | −58.1% | −37.3% | −13.1% | −4.4% | −7.3% |
| Net margin | −260.8% | −170.0% | −115.1% | −400.7% | −117.0% | −48.4% | −60.5% | −57.1% | 39.1% | −18.4% |
| 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 | $522,000 | $707,000 | $622,000 | $601,000 | $592,000 | $622,000 | $563,000 | $578,000 | $611,000 | $626,000 | $944,000 | $872,000 |
| Cost of revenue | $248,000 | $237,000 | $328,000 | $357,000 | $364,000 | $373,000 | $428,000 | $499,000 | $491,000 | $629,000 | $741,000 | $734,000 |
| Gross profit | $274,000 | $470,000 | $294,000 | $244,000 | $228,000 | $249,000 | $135,000 | $79,000 | $120,000 | −$3,000 | $203,000 | $138,000 |
| Research & development | $0 | $0 | $2,000 | $3,000 | $3,000 | $3,000 | $2,000 | $38,000 | $65,000 | $50,000 | $4,000 | $5,000 |
| Sales, general & admin | $1.1M | $1.0M | $1.1M | $1.0M | $908,000 | $937,000 | $1.1M | $1.1M | — | — | — | — |
| Total operating expenses | $1.1M | $1.0M | $1.1M | $1.0M | $911,000 | $940,000 | $1.1M | $1.2M | $1.1M | $1.2M | $1.2M | $1.1M |
| Operating income | −$841,000 | −$559,000 | −$785,000 | −$802,000 | −$683,000 | −$691,000 | −$928,000 | −$1.1M | −$1.0M | −$1.2M | −$1.0M | −$925,000 |
| Interest income | $13,000 | $6,000 | $25,000 | $29,000 | $47,000 | $26,000 | $45,000 | $32,000 | — | — | — | — |
| Interest expense | — | — | — | — | — | — | — | — | — | — | $2,000 | $15,000 |
| Income before taxes | −$3.3M | $1.7M | −$2.8M | −$2.3M | −$605,000 | −$665,000 | −$883,000 | −$1.0M | −$974,000 | −$1.1M | −$1.2M | −$895,000 |
| Income taxes | $1,000 | — | −$5,000 | — | — | $7,000 | $1,000 | — | $9,000 | — | −$11,000 | — |
| Net income | −$3.3M | $1.7M | −$2.8M | −$2.3M | −$605,000 | −$672,000 | −$884,000 | −$1.0M | −$983,000 | −$1.1M | −$1.2M | −$895,000 |
| EBITDA | −$839,000 | −$559,000 | −$785,000 | −$802,000 | −$683,000 | −$691,000 | −$759,000 | −$985,750 | −$974,000 | −$1.1M | −$1.1M | −$794,000 |
| EPS (diluted) | −$0.84 | $0.43 | — | −$0.74 | −$0.38 | −$0.59 | −$0.79 | −$11.25 | −$1.75 | −$2.76 | −$3.07 | −$11.87 |
| Gross margin | 52.5% | 66.5% | 47.3% | 40.6% | 38.5% | 40.0% | 24.0% | 13.7% | 19.6% | −0.5% | 21.5% | 15.8% |
| Operating margin | −161.1% | −79.1% | −126.2% | −133.4% | −115.4% | −111.1% | −164.8% | −185.5% | −166.6% | −189.1% | −107.6% | −106.1% |
| Net margin | −630.3% | 240.0% | −448.2% | −381.0% | −102.2% | −108.0% | −157.0% | −179.9% | −160.9% | −181.5% | −129.3% | −102.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in TWAV's financial statements (latest annual report filed December 31, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
TWAV financial results
In fiscal year 2025 (ended December 31, 2025), TaoWeave reported revenue of $2.4 million, up 2.5% from the year before. It had a net loss of $6.4 million, a net profit margin of −260.8%. Diluted earnings per share came to −$1.91. Over five years revenue grew at an average rate of −30.8% a year.
See the TWAV stock overview for the latest quote and news, or the TWAV chart for price history and technical indicators.
TWAV income statement FAQ
What is TaoWeave's annual revenue?
TaoWeave reported total revenue of $2.4 million for fiscal year 2025, which ended on December 31, 2025. That was up 2.5% from $2.4 million the previous year.
Is TaoWeave profitable?
No. TaoWeave reported a net loss of $6.4 million in fiscal 2025, a net profit margin of −260.8%; its operating margin was −121.5%.
What is TaoWeave's gross margin?
TaoWeave's gross margin was 41.6% in fiscal 2025: for every $100 of revenue, TaoWeave kept $42 after the direct cost of its products and services.
How much does TaoWeave spend on research and development?
TaoWeave spent $0.0 million on research and development in fiscal 2025, 0.4% of revenue.
How fast is TaoWeave growing?
Revenue grew −30.8% a year on average over the last five fiscal years, from $15.3 million to $2.4 million.
What are TaoWeave's earnings per share?
TaoWeave earned $-1.91 per diluted share in fiscal 2025, compared with $-16.55 a year earlier.
When will TaoWeave report its next earnings?
TaoWeave is expected to report results for the quarter ending September 30, 2026 on November 12, 2026.
When does TaoWeave's fiscal year end?
TaoWeave's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on December 31, 2025.