Financials in USD. Standardized financial statements.
A compact view of how Netlist, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $188.63M | $147.10M | $69.20M | $161.64M | $142.35M | $47.23M | $26.10M | $33.53M | $38.32M | $19.66M |
| Revenue Growth? | +28.2% | +112.6% | -57.2% | +13.5% | +201.4% | +81.0% | -22.1% | -12.5% | +95.0% | 0.0% |
| Cost of Revenue? | $177.19M | $144.22M | $66.81M | $149.75M | $93.46M | $40.50M | $23.53M | $31.23M | $35.87M | $12.26M |
| Gross Profit? | $11.44M | $2.88M | $2.39M | $11.89M | $48.90M | $6.73M | $2.57M | $2.30M | $2.46M | $7.40M |
| Gross Margin? | +6.1% | +2.0% | +3.5% | +7.4% | +34.3% | +14.3% | +9.8% | +6.9% | +6.4% | +37.6% |
| Operating Expenses? | $16.72M | $58.11M | $64.15M | $45.39M | $37.51M | $13.57M | $14.06M | $18.67M | $15.31M | $18.43M |
| Operating Income? | -$5.28M | -$55.23M | -$61.76M | -$33.50M | $11.38M | -$6.84M | -$11.49M | -$16.37M | -$12.85M | -$11.03M |
| EBITDA? | -$5.00M | -$54.88M | -$60.03M | -$32.39M | $12.53M | -$6.59M | -$11.49M | -$16.13M | -$12.55M | -$10.35M |
| Income Before Tax | -$24.82M | -$53.86M | -$60.40M | -$33.37M | $11.46M | -$7.27M | -$12.44M | -$17.12M | -$13.41M | -$11.23M |
| Income Tax Expense | $590,000 | $1,000 | $1,000 | $1,000 | $6.63M | $1,000 | $13,000 | -$2,000 | $6,000 | $5,000 |
| Net Income? | -$24.82M | -$53.87M | -$60.40M | -$33.37M | $4.83M | -$7.27M | -$12.45M | -$17.12M | -$13.42M | -$11.23M |
| EPS? | $-0.09 | $-0.21 | $-0.25 | $-0.14 | $0.02 | $-0.04 | $-0.08 | $-0.16 | $-0.20 | $-0.21 |
| Diluted EPS? | $-0.09 | $-0.21 | $-0.25 | $-0.14 | $0.02 | $-0.04 | $-0.08 | $-0.16 | $-0.20 | $-0.21 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality