GULF RESOURCES, INC.
Income Statement
| Line Item | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.4M | $6.4M | $9.0M | $8.3M | $1.6M | $1.7M | $2.2M | $2.4M |
| Cost of Revenue | — | — | — | — | — | — | — | $5.1M |
| Gross Profit | — | — | — | — | — | — | — | $-2.7M |
| Gross Margin | — | — | — | — | — | — | — | -114.5% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $1.3M | $2.4M | $785.5K | $994.8K | $1.4M | $3.8M | $1.0M | $690.0K |
| Operating Income | $-4.1M | $-2.9M | $-333.9K | $-750.7K | $-4.6M | $-7.3M | $-4.6M | $-5.1M |
| Operating Margin | -171.3% | -44.7% | -3.7% | -9.0% | -287.3% | -419.5% | -204.3% | -216.0% |
| Interest Expense | $123.4K | $311.1K | $18.2K | $21.7K | $21.7K | $21.1K | $21.2K | $24.8K |
| Pretax Income | $-3.9M | $-2.9M | $-35.7M | $-773.8K | $-4.6M | $-14.1M | $-4.6M | $-34.3M |
| Income Tax Expense | — | — | — | — | $0 | $5.2M | $-1.1M | $-1.2M |
| Net Income | $-3.9M | $-2.9M | $-35.7M | $-773.8K | $-4.6M | $-19.3M | $-3.5M | $-33.1M |
| Net Margin | -165.8% | -44.4% | -394.3% | -9.3% | -288.5% | -1,117.6% | -155.8% | -1,388.8% |
| EPS (Basic) | $-2.48 | $-2.64 | $-26.35 | $-0.06 | $-3.90 | $-48.22 | $-3.20 | $-3.09 |
| EPS (Diluted) | $-2.48 | — | — | — | $-3.90 | — | — | — |
| Shares Outstanding (Basic) | 1.6M | 1.3M | 1.4M | 13.3M | 1.2M | 1.1M | 1.1M | 10.7M |
| Shares Outstanding (Diluted) | 1.6M | 1.3M | 1.4M | 13.3M | 1.2M | 1.1M | 1.1M | 10.7M |
| Dividends Per Share | — | — | — | — | — | — | — | — |