Beneficient
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenue | $-39.1M | $-7.9M | $-98.7M | $-104.9M | — | $55.3M | $140.3M |
| Cost of Revenue | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — |
| Operating Income | $-166.5M | $-24.2M | $-2.65B | $-253.2M | — | $-71.1M | $-47.4M |
| Operating Margin | 425.6% | 304.5% | 2,683.5% | 241.3% | — | -128.6% | -33.8% |
| Interest Expense | — | — | $17.6M | $15.5M | — | $27.5M | $32.6M |
| Pretax Income | $-164.5M | $-723.0K | $-2.66B | $-253.2M | — | $-105.1M | $-47.4M |
| Income Tax Expense | $214.0K | $80.0K | $788.0K | $-1.1M | — | $0 | $3.5M |
| Net Income | $-87.4M | $51.2M | $-2.10B | $-131.0M | — | $-63.0M | $-58.0M |
| Net Margin | 223.5% | -644.1% | 2,123.3% | 124.9% | — | -113.9% | -41.4% |
| EPS (Basic) | — | — | — | $-1.94 | — | $-1.84 | $-1.27 |
| EPS (Diluted) | — | — | — | $-1.94 | — | $-1.84 | $-1.27 |
| Shares Outstanding (Basic) | — | — | — | 67.5M | 67.5M | 51.5M | 45.8M |
| Shares Outstanding (Diluted) | — | — | — | 67.5M | 67.5M | 51.5M | 45.8M |
| Dividends Per Share | — | — | — | — | — | — | — |