Vivakor, Inc. (VIVK) Income Statement
VIVK 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsVIVK revenue and net income
Where VIVK's revenue goes
2025Each bar shows an amount and its share of revenue. VIVK kept −105.6% of revenue as net income.
VIVK profit margins
VIVK growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +16.3% | +54.9% | +135.0% | +57.2% |
| Gross profit | — | — | — | +51.6% |
| 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.
VIVK quarterly EPS vs estimates
Vivakor beat the analyst EPS estimate in 2 of the last 7 quarters. Next report: November 18, 2026.
VIVK income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $104.4M | $89.8M | $59.3M | $28.1M | $1.1M | $1.5M | $0 | $85,600 | $50,406 | $2.7M |
| Cost of revenue | $66.7M | $91.0M | $58.2M | $28.2M | $2.5M | $2.9M | $1.5M | $606,252 | $886,759 | $651,766 |
| Gross profit | $37.7M | −$1.1M | $1.1M | −$86,367 | −$1.4M | −$1.5M | −$1.5M | −$520,652 | −$836,353 | $34,302 |
| Research & development | — | $819,258 | $819,258 | $819,258 | $819,258 | $819,258 | — | — | — | — |
| Sales, general & admin | $43.0M | $12.2M | $7.4M | $10.4M | $4.7M | $2.8M | $766,907 | $437,728 | $679,713 | $278,519 |
| Total operating expenses | $61.0M | $12.2M | $7.4M | $11.5M | $5.5M | $3.4M | $778,907 | $1.5M | $679,713 | $278,519 |
| Operating income | −$23.3M | −$13.4M | −$6.3M | −$11.6M | −$6.9M | −$4.8M | −$2.3M | −$2.1M | −$1.5M | −$244,217 |
| Interest income | $73,474 | $60,364 | $14,953 | $23,725 | $3,312 | $35,344 | — | — | — | — |
| Interest expense | $27.1M | $4.8M | $4.0M | $1.5M | $501,598 | $86,162 | $9,288 | $22,420 | $44,041 | $24,300 |
| Income before taxes | −$110.1M | −$26.2M | −$10.7M | −$24.7M | −$8.3M | −$2.4M | −$1.7M | −$7.1M | −$2.0M | −$1.1M |
| Income taxes | $117,004 | $126,869 | $92,703 | −$4.4M | −$1.1M | $466,964 | $589,203 | $800 | $800 | $800 |
| Net income | −$110.2M | −$22.2M | −$10.7M | −$19.4M | −$5.5M | −$2.2M | −$2.2M | −$7.1M | −$2.0M | −$1.1M |
| EBITDA | −$65.0M | −$10.0M | −$2.8M | −$20.2M | −$6.3M | −$755,623 | −$151,441 | −$6.5M | −$1.0M | −$445,542 |
| EPS (diluted) | −$1993.34 | −$106.43 | −$0.41 | −$1.44 | −$0.49 | −$0.01 | $0.00 | −$0.77 | −$0.21 | −$0.13 |
| Gross margin | 36.1% | −1.3% | 1.8% | −0.3% | −130.9% | −100.2% | — | −608.2% | −1,659.2% | 1.3% |
| Operating margin | −22.3% | −14.9% | −10.7% | −41.3% | −636.3% | −332.6% | — | −2,404.2% | −3,007.7% | −9.1% |
| Net margin | −105.6% | −24.7% | −18.1% | −69.2% | −503.9% | −149.8% | — | −8,325.4% | −3,885.1% | −39.6% |
| 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 | $32.1M | $19.5M | $21.0M | $17.0M | $29.1M | $37.3M | $41.7M | $15.9M | $16.2M | $16.0M | $13.9M | $16.3M |
| Cost of revenue | $25.5M | $13.7M | −$2.7M | $12.3M | $24.5M | $32.6M | $35.4M | $15.3M | $16.1M | $16.0M | $13.1M | $15.6M |
| Gross profit | $6.6M | $5.7M | $23.7M | $4.7M | $4.6M | $4.8M | $6.3M | $661,407 | $122,393 | $59,084 | $746,130 | $729,854 |
| Research & development | — | — | — | — | — | — | — | — | — | $819,258 | — | — |
| Sales, general & admin | $3.9M | $5.6M | $22.5M | $10.7M | $4.5M | $5.4M | $5.0M | $2.6M | $3.0M | $1.7M | $2.7M | $1.5M |
| Total operating expenses | $6.5M | $8.1M | $22.0M | $13.8M | $11.4M | $11.2M | $48.6M | $2.6M | $3.0M | $1.7M | $17.5M | $1.5M |
| Operating income | $158,302 | −$2.4M | −$1.0M | −$9.0M | −$6.8M | −$6.4M | −$6.9M | −$2.0M | −$2.9M | −$1.6M | −$3.6M | −$745,114 |
| Interest income | $10,285 | $7,973 | $22,854 | $7,310 | $17,828 | $25,482 | $53,444 | $2,307 | $2,306 | $2,307 | $14,953 | $0 |
| Interest expense | $4.1M | $2.0M | $6.7M | $14.8M | $4.4M | $1.2M | $3.3M | $641,244 | $479,947 | $444,040 | $210,824 | $1.3M |
| Income before taxes | −$2.8M | −$4.6M | −$55.8M | −$34.3M | −$12.5M | −$7.5M | −$19.3M | −$1.7M | −$3.3M | −$1.9M | −$3.4M | −$2.7M |
| Income taxes | — | $117,004 | — | — | — | $92,886 | — | −$52,045 | $33,183 | $800 | — | −$134,517 |
| Net income | −$2.8M | −$4.6M | −$55.9M | −$34.3M | −$12.5M | −$7.5M | −$15.3M | −$1.7M | −$3.3M | −$1.9M | −$3.8M | −$2.5M |
| EBITDA | $2.7M | −$12,569 | −$46.9M | −$16.4M | −$1.2M | −$518,016 | — | −$34,010 | −$1.8M | −$456,650 | — | −$489,737 |
| EPS (diluted) | −$13.35 | — | — | −$2.09 | −$0.30 | −$0.37 | — | −$0.06 | −$0.07 | −$0.18 | — | −$0.14 |
| Gross margin | 20.7% | 29.4% | 112.8% | 27.8% | 15.7% | 12.7% | 15.1% | 4.2% | 0.8% | 0.4% | 5.4% | 4.5% |
| Operating margin | 0.5% | −12.5% | −4.8% | −53.2% | −23.3% | −17.3% | −16.6% | −12.3% | −17.6% | −10.1% | −26.1% | −4.6% |
| Net margin | −8.8% | −23.5% | −266.1% | −201.9% | −43.1% | −20.2% | −36.7% | −10.6% | −20.5% | −11.7% | −27.7% | −15.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in VIVK's financial statements (latest annual report filed April 15, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
VIVK financial results
In fiscal year 2025 (ended December 31, 2025), Vivakor reported revenue of $104.4 million, up 16.3% from the year before. It had a net loss of $110.2 million, a net profit margin of −105.6%. Diluted earnings per share came to −$1993.34. Over five years revenue grew at an average rate of 135.0% a year.
See the VIVK stock overview for the latest quote and news, or the VIVK chart for price history and technical indicators.
VIVK income statement FAQ
What is Vivakor's annual revenue?
Vivakor reported total revenue of $104.4 million for fiscal year 2025, which ended on December 31, 2025. That was up 16.3% from $89.8 million the previous year.
Is Vivakor profitable?
No. Vivakor reported a net loss of $110.2 million in fiscal 2025, a net profit margin of −105.6%; its operating margin was −22.3%.
What is Vivakor's gross margin?
Vivakor's gross margin was 36.1% in fiscal 2025: for every $100 of revenue, Vivakor kept $36 after the direct cost of its products and services.
How fast is Vivakor growing?
Revenue grew 135.0% a year on average over the last five fiscal years, from $1.5 million to $104.4 million.
What are Vivakor's earnings per share?
Vivakor earned $-1993.34 per diluted share in fiscal 2025, compared with $-106.43 a year earlier.
When will Vivakor report its next earnings?
Vivakor is expected to report results for the quarter ending September 30, 2026 on November 18, 2026.
When does Vivakor's fiscal year end?
Vivakor's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 15, 2026.