UTStarcom Holdings Corp.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.0M | $10.9M | $15.8M | $14.1M | $15.9M | $24.3M | $65.6M | $115.9M |
| Cost of Revenue | $7.9M | $8.0M | $11.4M | $11.4M | $17.0M | $20.8M | $41.5M | $83.7M |
| Gross Profit | $1.1M | $2.9M | $4.4M | $2.7M | $-1.1M | $3.5M | $24.2M | $32.3M |
| Gross Margin | 11.7% | 26.7% | 27.9% | 19.0% | -6.8% | 14.5% | 36.8% | 27.8% |
| Operating Expenses | ||||||||
| Research & Development | $4.6M | $5.1M | $5.9M | $4.8M | $6.9M | $8.1M | $14.5M | $12.7M |
| SG&A Expense | — | — | — | — | — | $18.7M | $15.8M | $15.2M |
| Operating Income | $-8.6M | $-7.3M | $-6.8M | $-4.4M | $-5.3M | $-23.2M | $-6.1M | $4.4M |
| Operating Margin | -95.3% | -67.4% | -43.2% | -31.2% | -33.4% | -95.6% | -9.4% | 3.8% |
| Interest Expense | — | — | — | — | — | $10.0K | $16.0K | $47.0K |
| Pretax Income | $-6.3M | $-3.7M | $-2.6M | $-2.9M | $-2.5M | $-25.5M | $-3.9M | $4.4M |
| Income Tax Expense | $1.6M | $683.0K | $1.3M | $2.1M | $3.3M | $-1.8M | $-31.0K | $-378.0K |
| Net Income | $-8.0M | $-4.4M | $-3.9M | $-5.0M | $-5.8M | $-23.7M | $-3.9M | $4.8M |
| Net Margin | -88.5% | -40.2% | -24.4% | -35.6% | -36.6% | -97.4% | -6.0% | 4.2% |
| EPS (Basic) | $-0.87 | $-0.48 | $-0.42 | $-0.55 | $-0.65 | $-2.64 | $-0.11 | $0.14 |
| EPS (Diluted) | $-0.87 | $-0.48 | $-0.42 | $-0.55 | $-0.65 | $-2.64 | $-0.11 | $0.13 |
| Shares Outstanding (Basic) | 9.2M | 9.2M | 9.1M | 9.1M | 9.0M | 9.0M | 35.6M | 35.6M |
| Shares Outstanding (Diluted) | 9.2M | 9.2M | 9.1M | 9.1M | 9.0M | 9.0M | 35.6M | 36.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |