Venu Holding Corporation (VENU) Income Statement
VENU 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsVENU revenue and net income
Where VENU's revenue goes
2025Each bar shows an amount and its share of revenue. VENU kept −246.4% of revenue as net income.
VENU profit margins
VENU growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +0.4% | +27.4% | — | — |
| Gross profit | −23.6% | +18.2% | — | — |
| 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.
VENU quarterly EPS vs estimates
Venu beat the analyst EPS estimate in 3 of the last 5 quarters. Next report: November 13, 2026.
VENU income statement
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Revenue | $17.9M | $17.8M | $12.6M | $8.7M |
| Cost of revenue | $12.5M | $10.7M | $7.8M | $5.4M |
| Gross profit | $5.4M | $7.1M | $4.8M | $3.3M |
| Sales, general & admin | $52.3M | $30.8M | $815,233 | $676,175 |
| Total operating expenses | $58.5M | $34.5M | $16.0M | $8.1M |
| Operating income | −$53.0M | −$27.4M | −$11.1M | −$4.8M |
| Interest income | — | $705,729 | $20,152 | $12,149 |
| Interest expense | $4.6M | $3.9M | $331,674 | $397,120 |
| Income before taxes | −$50.8M | −$32.9M | −$11.4M | −$8.0M |
| Net income | −$44.1M | −$30.3M | −$10.5M | −$6.9M |
| EBITDA | −$40.0M | −$28.3M | −$9.2M | −$6.4M |
| EPS (diluted) | −$1.12 | −$0.18 | −$0.28 | — |
| Gross margin | 30.4% | 40.0% | 38.3% | 38.1% |
| Operating margin | −296.3% | −153.5% | −88.4% | −55.0% |
| Net margin | −246.4% | −170.1% | −83.5% | −80.0% |
| 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 | $4.8M | $3.9M | $4.5M | $2.3M | $4.5M | $3.5M | $4.3M | $5.5M | $4.2M | $3.9M | $3.9M | $3.9M |
| Cost of revenue | $3.9M | $7.2M | $3.8M | $2.1M | $3.1M | $2.6M | $3.7M | $2.6M | $2.9M | $2.5M | $2.2M | $2.9M |
| Gross profit | $937,902 | −$3.3M | $760,433 | $164,882 | $1.4M | $913,931 | $571,239 | $2.9M | $1.3M | $1.5M | $1.7M | $1.0M |
| Sales, general & admin | $10.1M | $7.7M | $12.9M | $9.8M | $10.3M | $18.1M | $18.2M | $5.4M | $421,678 | $220,886 | — | — |
| Total operating expenses | $16.3M | $8.2M | $15.0M | $10.1M | $11.7M | $19.5M | $7.0M | $6.6M | $5.6M | $14.4M | $4.7M | $3.8M |
| Operating income | −$15.3M | −$11.5M | −$14.2M | −$10.0M | −$10.3M | −$18.5M | −$6.4M | −$3.7M | −$4.4M | −$13.0M | −$3.0M | −$2.8M |
| Interest income | — | — | — | $338,935 | $24,291 | $127,486 | $202,767 | $276,452 | $200,779 | $25,731 | $1 | $0 |
| Interest expense | $4.4M | $3.0M | $1.8M | $338,935 | $2.0M | $408,760 | $1.2M | $1.2M | $1.2M | $404,965 | $108,862 | $92,252 |
| Income before taxes | −$19.7M | −$14.4M | −$9.8M | −$6.5M | −$12.3M | −$19.4M | −$7.3M | −$4.5M | −$5.3M | −$15.8M | −$3.1M | −$2.8M |
| Net income | −$17.9M | −$13.8M | −$8.3M | −$6.5M | −$11.4M | −$18.1M | −$6.3M | −$3.9M | −$4.5M | −$15.6M | −$2.8M | −$2.8M |
| EBITDA | −$12.9M | −$9.1M | −$5.6M | −$4.8M | −$8.9M | −$17.0M | −$6.0M | −$2.3M | −$3.5M | −$14.8M | −$2.4M | −$2.2M |
| EPS (diluted) | −$0.30 | −$0.19 | −$0.19 | −$0.15 | −$0.30 | −$0.48 | −$0.18 | — | — | — | — | — |
| Gross margin | 19.6% | −84.9% | 16.8% | 7.3% | 31.5% | 26.1% | 13.4% | 52.8% | 30.4% | 36.9% | 44.5% | 26.5% |
| Operating margin | −319.9% | −294.5% | −314.0% | −439.5% | −229.7% | −529.9% | −149.6% | −67.4% | −104.2% | −329.1% | −76.5% | −70.4% |
| Net margin | −373.0% | −352.7% | −182.3% | −284.9% | −254.4% | −516.2% | −147.3% | −72.1% | −108.3% | −395.9% | −72.0% | −70.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in VENU's financial statements (latest annual report filed March 31, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
VENU financial results
In fiscal year 2025 (ended December 31, 2025), Venu reported revenue of $17.9 million, up 0.4% from the year before. It had a net loss of $44.1 million, a net profit margin of −246.4%. Diluted earnings per share came to −$1.12.
See the VENU stock overview for the latest quote and news, or the VENU chart for price history and technical indicators.
VENU income statement FAQ
What is Venu's annual revenue?
Venu reported total revenue of $17.9 million for fiscal year 2025, which ended on December 31, 2025. That was up 0.4% from $17.8 million the previous year.
Is Venu profitable?
No. Venu reported a net loss of $44.1 million in fiscal 2025, a net profit margin of −246.4%; its operating margin was −296.3%.
What is Venu's gross margin?
Venu's gross margin was 30.4% in fiscal 2025: for every $100 of revenue, Venu kept $30 after the direct cost of its products and services.
What are Venu's earnings per share?
Venu earned $-1.12 per diluted share in fiscal 2025, compared with $-0.18 a year earlier.
When will Venu report its next earnings?
Venu is expected to report results for the quarter ending September 30, 2026 on November 13, 2026.
When does Venu's fiscal year end?
Venu's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 31, 2026.