Sphere 3D Corp. (ANY) Key Metrics
ANY valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $30.5M
- Enterprise value
- $31.5M
- P/E (TTM)
- —
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 3.1
- Price / book
- 2.1
- EV / EBITDA
- —
- Dividend yield
- —
- Beta
- 3.33
ANY key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsANY returns How much profit the business earns on the capital it uses.
ANY financial health Debt, liquidity and how easily interest is covered.
ANY efficiency & capital use Working capital cycle and where the cash goes.
ANY returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
ANY debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
ANY cash returned to shareholders
ANY key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Share price at fiscal year-end | $2.98 | $9.44 | $33.20 | $19.32 | $218.40 | $100.10 | $54.46 | $213.50 | $1,377.60 | $4,200.00 |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −68.6% | −23.8% | −62.3% | −126.6% | −12.6% | −185.0% | — | — | −169.4% | −154.6% |
| Return on invested capital (ROIC) | −43.0% | −52.0% | −65.6% | −98.7% | −13.8% | −109.2% | −339.3% | −35.7% | −33.1% | −64.7% |
| Return on assets (ROA) | −62.9% | −20.3% | −35.2% | −107.4% | −12.0% | −57.1% | −43.5% | −55.4% | −29.8% | −59.1% |
| Return on tangible assets | −91.4% | −23.6% | −51.7% | −262.2% | −8.1% | −73.7% | −90.7% | −399.9% | −34.1% | −202.8% |
| Free cash flow margin | −211.2% | −81.4% | −37.2% | −801.5% | — | −53.3% | −32.5% | −85.0% | −11.1% | −23.2% |
| Financial health | ||||||||||
| Total debt | — | — | — | — | $3.4M | $2.5M | $491,000 | $7.2M | $44.8M | $44.0M |
| Cash & short-term investments | $3.7M | $13.0M | $1.6M | $1.3M | $54.4M | $461,000 | $149,000 | $341,000 | $600,000 | $5.1M |
| Net debt | −$3.7M | −$13.0M | −$1.6M | −$1.3M | −$50.9M | $2.0M | $342,000 | $6.8M | $44.2M | $38.9M |
| Debt / equity | — | — | — | — | 0.01 | 0.50 | 0.40 | — | 4.28 | 2.15 |
| Debt / assets | — | — | — | — | 0.01 | 0.21 | 0.06 | 0.64 | 0.54 | 0.48 |
| Current ratio | 4.82 | 4.57 | 2.53 | 1.66 | 15.06 | 0.34 | 0.29 | 0.36 | 1.08 | 0.71 |
| Quick ratio | 4.82 | 4.57 | 2.53 | 2.52 | 10.84 | 0.25 | 0.18 | 0.24 | 1.06 | 0.47 |
| Interest coverage | — | — | -25.4 | -1.3 | -38.2 | -8.2 | -17.1 | -166.1 | -4.0 | -12.5 |
| Working capital | $6.9M | $13.9M | $8.2M | $4.1M | $73.2M | −$3.8M | −$4.7M | −$6.1M | $5.7M | −$12.6M |
| Invested capital | $19.6M | $26.4M | $38.7M | $33.5M | $218.7M | $7.1M | $1.6M | $1.2M | $54.7M | $59.4M |
| Tangible asset value | $21.7M | $36.2M | $35.7M | $35.1M | $206.6M | $1.0M | −$2.4M | −$10.3M | $3.9M | −$38.4M |
| Net current asset value | $6.9M | $13.9M | $4.0M | −$28.2M | $72.1M | −$4.8M | −$5.2M | −$13.4M | $3.4M | −$41.8M |
| Capital allocation | ||||||||||
| Dividends paid | — | — | — | $9,000 | $227,000 | $227,000 | $227,000 | $227,000 | $0 | — |
| Share buybacks (net) | $431,000 | $108,000 | $0 | — | — | — | $0 | $0 | $0 | $12,000 |
| Capex / revenue | 67.1% | 53.9% | 7.1% | 295.2% | 2,748.3% | 2,108.9% | 1,832.6% | 0.6% | 0.2% | 0.3% |
| Capex / depreciation | 1.09 | 1.26 | 0.25 | 0.63 | 17.98 | 105.29 | 99.26 | 0.01 | 0.02 | 0.04 |
| Stock-based compensation / revenue | 7.4% | 17.1% | 11.1% | 139.2% | 9.8% | 0.1% | 11.4% | 18.1% | 9.6% | 12.0% |
| R&D / revenue | — | — | 4.7% | 10.0% | 26.1% | 24.8% | 36.8% | 37.9% | 8.9% | 11.5% |
| SG&A / revenue | 73.9% | 74.9% | 76.6% | 413.7% | 382.9% | 138.7% | 103.2% | 120.4% | 47.6% | 56.2% |
| Efficiency | ||||||||||
| Days sales outstanding | — | — | 33.3 | 181.2 | 113.0 | 23.8 | 49.4 | 61.7 | 30.2 | 59.7 |
| Days of inventory on hand | — | — | — | 888.9 | 2,393.6 | 92.1 | 97.2 | 66.5 | 36.8 | 72.0 |
| Days payables outstanding | 34.0 | 48.3 | 61.4 | 226.7 | 342.9 | 427.6 | 426.9 | 190.6 | 43.8 | 72.3 |
| Cash conversion cycle (days) | — | — | -28.1 | 843.4 | 2,163.8 | -311.7 | -280.3 | -62.4 | 23.2 | 59.4 |
| Receivables turnover | — | — | 10.97 | 2.01 | 3.23 | 15.32 | 7.38 | 5.92 | 12.08 | 6.11 |
| Payables turnover | 10.73 | 7.56 | 5.94 | 1.61 | 1.06 | 0.85 | 0.86 | 1.91 | 8.33 | 5.05 |
| Inventory turnover | — | — | — | — | 0.15 | 3.96 | 3.76 | 5.49 | 9.93 | 5.07 |
| Asset turnover | 0.33 | 0.36 | 0.33 | 0.03 | 0.03 | 0.48 | 0.57 | 0.19 | 0.93 | 0.66 |
| Average receivables | — | — | $2.0M | $3.0M | $1.2M | $316,500 | $755,500 | $1.5M | $6.8M | $12.5M |
| Average payables | $797,000 | $1.8M | $2.7M | $2.1M | $1.6M | $3.0M | $4.4M | $3.8M | $6.8M | $10.7M |
| Average inventory | — | — | — | $8.3M | $11.3M | $655,500 | $991,500 | $1.3M | $5.7M | $10.7M |
| Intangibles / total assets | 6.4% | 7.2% | 9.2% | 11.4% | 22.8% | 33.7% | 43.8% | 41.9% | 7.9% | 63.5% |
Computed from ANY's annual financial statements (latest annual report filed March 27, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
ANY valuation and financial ratios
Sphere 3D earned a return on equity of −68.6% and a return on invested capital of −43.0% in fiscal 2025. It returned $0.4 million to shareholders: $0 in dividends and $0.4 million in share buybacks.
See the ANY income statement, the ANY chart for price history, or the ANY stock overview for the latest quote and news.
ANY key metrics FAQ
What is Sphere 3D's return on equity?
Sphere 3D's return on equity (ROE) was −68.6% in fiscal 2025: net income of -$21.5 million on average shareholders' equity of $31.3 million.
What is Sphere 3D's ROIC?
Sphere 3D's return on invested capital was −43.0% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
Does Sphere 3D buy back its shares?
Yes. Sphere 3D spent $0.4 million on net share repurchases in fiscal 2025.
What is Sphere 3D's current ratio?
Sphere 3D's current ratio was 4.82 at the end of fiscal 2025: current assets were 4.82 times current liabilities.