VenHub Global, Inc. (VHUB) Income Statement
VHUB 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsVHUB revenue and net income
Where VHUB's revenue goes
2025Each bar shows an amount and its share of revenue. VHUB kept −7,218.4% of revenue as net income.
VHUB profit margins
VHUB growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| Gross profit | — | — | — | — |
| 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.
VHUB quarterly EPS vs estimates
Next report: November 11, 2026.
VHUB income statement
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Revenue | $864,450 | $0 | $0 |
| Cost of revenue | $688,402 | $48,279 | $7,780 |
| Gross profit | $176,048 | −$48,279 | −$7,780 |
| Research & development | $1.2M | $875,975 | $114,649 |
| Sales, general & admin | $38.4M | $8.1M | — |
| Total operating expenses | $39.6M | $9.0M | $10.4M |
| Operating income | −$39.4M | −$9.0M | −$10.4M |
| Interest expense | $563,069 | $165,889 | — |
| Income before taxes | −$62.4M | −$9.4M | −$10.4M |
| Net income | −$62.4M | −$9.4M | −$10.4M |
| EBITDA | −$61.7M | −$9.2M | −$10.4M |
| EPS (diluted) | −$0.74 | −$0.13 | — |
| Gross margin | 20.4% | — | — |
| Operating margin | −4,561.4% | — | — |
| Net margin | −7,218.4% | — | — |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $86,614 | $67,836 | $55,478 | $295,357 | $13,615 | $500,000 | $0 | $0 | $0 | $0 |
| Cost of revenue | $372,802 | $132,911 | $73,634 | $260,253 | $19,552 | $334,696 | $0 | $11,575 | $12,169 | $10,981 |
| Gross profit | −$286,188 | −$65,074 | −$18,156 | $35,104 | −$5,937 | $165,304 | $0 | −$11,575 | −$12,169 | −$10,981 |
| Research & development | $182,603 | $88,715 | $689,289 | $93,438 | $131,016 | $301,355 | $260,081 | $286,121 | $251,693 | $78,080 |
| Sales, general & admin | $9.7M | $4.3M | $8.2M | $19.1M | $2.0M | $9.0M | $1.1M | $1.8M | — | — |
| Total operating expenses | $9.9M | $4.4M | $8.9M | $19.2M | $2.1M | $9.4M | $1.4M | $2.1M | $1.7M | $3.8M |
| Operating income | −$10.2M | −$4.5M | −$9.0M | −$19.2M | −$2.1M | −$9.2M | −$1.4M | −$2.1M | −$1.7M | −$3.8M |
| Interest expense | $578,062 | $11.2M | $167,140 | $167,896 | $120,000 | $108,033 | $105,889 | $60,000 | — | — |
| Income before taxes | −$10.5M | −$16.6M | −$13.2M | −$19.3M | −$20.5M | −$9.4M | −$1.7M | −$2.2M | −$1.7M | −$3.8M |
| Net income | −$10.5M | −$16.6M | −$13.2M | −$19.3M | −$20.5M | −$9.4M | −$1.7M | −$2.2M | −$1.7M | −$3.8M |
| EBITDA | −$10.1M | −$5.3M | −$13.0M | −$19.1M | −$20.4M | −$9.2M | — | −$2.1M | −$1.7M | −$3.8M |
| EPS (diluted) | −$0.12 | −$0.20 | — | — | — | — | — | — | — | — |
| Gross margin | −330.4% | −95.9% | −32.7% | 11.9% | −43.6% | 33.1% | — | — | — | — |
| Operating margin | −11,757.4% | −6,574.2% | −16,161.4% | −6,489.9% | −15,551.7% | −1,837.4% | — | — | — | — |
| Net margin | −12,111.1% | −24,484.4% | −23,741.9% | −6,551.1% | −150,786.9% | −1,871.3% | — | — | — | — |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in VHUB's financial statements (latest annual report filed December 31, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
VHUB financial results
In fiscal year 2025 (ended December 31, 2025), VenHub Global reported revenue of $0.9 million. It had a net loss of $62.4 million, a net profit margin of −7,218.4%. Diluted earnings per share came to −$0.74.
See the VHUB stock overview for the latest quote and news, or the VHUB chart for price history and technical indicators.
VHUB income statement FAQ
What is VenHub Global's annual revenue?
VenHub Global reported total revenue of $0.9 million for fiscal year 2025, which ended on December 31, 2025.
Is VenHub Global profitable?
No. VenHub Global reported a net loss of $62.4 million in fiscal 2025, a net profit margin of −7,218.4%; its operating margin was −4,561.4%.
What is VenHub Global's gross margin?
VenHub Global's gross margin was 20.4% in fiscal 2025: for every $100 of revenue, VenHub Global kept $20 after the direct cost of its products and services.
How much does VenHub Global spend on research and development?
VenHub Global spent $1.2 million on research and development in fiscal 2025, 140.6% of revenue.
What are VenHub Global's earnings per share?
VenHub Global earned $-0.74 per diluted share in fiscal 2025, compared with $-0.13 a year earlier.
When will VenHub Global report its next earnings?
VenHub Global is expected to report results for the quarter ending September 30, 2026 on November 11, 2026.
When does VenHub Global's fiscal year end?
VenHub Global's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on December 31, 2025.