CION Investment (CION) Financial Statements & Analysis

CION Investment (CION) Income Statement

CION Investment reported revenue of $240.82M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 68.6% from $142.82M a year earlier. CION Investment posted a net loss of $20.63M, compared with net income of $33.90M a year earlier. Gross margin was 62.2% and operating margin 29.0%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $42.07M, up 40.6% from the same quarter a year earlier.

CION Investment Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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CION Investment Corporation income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	240.82	142.82	192.17	61.14	163.79	34.63	109.08	86.08	118.25
Cost of Revenue	51.49	96.87	85.56	49.62	31.81	36.84	49.53	45.62	23.08
Gross Profit	149.76	45.95	106.61	194.90	131.98	-2.20	59.55	40.46	95.18
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	57.33	11.45	10.44	9.50	11.58	7.36	6.41	7.84	7.99
Operating Expenses	11.51	11.94	11.35	10.63	12.87	8.55	7.70	9.15	9.28
Operating Income	69.82	34.01	95.26	138.20	119.11	-10.75	51.86	31.31	85.90
Other Income/Expense
Interest Income	212.44	165.79	230.91	183.90	145.48	152.44	191.59	185.50	145.50
Interest Expense	90.54	96.87	85.56	49.62	31.81	36.84	49.53	45.62	23.08
Other Income/Expense	-90.54	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income
Income Before Tax	-20.72	34.01	95.26	50.51	119.11	-10.75	51.86	31.31	85.90
Income Tax Expense	-0.09	0.11	-0.05	0.37	0.34	0.27	0.01	0.00	0.00
Net Income	-20.63	33.90	95.31	50.14	118.76	-11.02	51.84	31.31	85.90
Net Income - Continuous Operations	-20.63	33.90	95.31	50.14	118.76	-11.02	51.84	31.31	85.90
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	69.82	67.65	95.26	55.83	119.11	9.12	62.41	84.56	85.90
EBIT	183.50	192.84	190.52	138.20	106.46	115.83	-	-	-
Depreciation & Amortization	0.00	33.65	0.00	5.31	0.00	19.88	10.55	53.25	0.00
Earnings Per Share
Basic EPS	-	1.00	2.00	1.00	2.00	-	1.00	1.00	2.00
Diluted EPS	-	1.00	2.00	1.00	2.00	-	1.00	1.00	2.00
Basic Shares Outstanding	52.34	53.57	54.69	56.56	56.81	56.82	56.85	57.07	56.13
Diluted Shares Outstanding	52.34	53.57	54.69	56.56	56.81	56.82	56.85	57.07	56.13

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About CION Investment Financial Statements

What was CION Investment's revenue in fiscal 2025?

CION Investment reported revenue of $240.82M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 68.6% from $142.82M a year earlier.

Is CION Investment profitable?

No. CION Investment reported a net loss of $20.63M in fiscal 2025. In fiscal 2024 it earned $33.90M.

What is CION Investment's operating margin?

CION Investment's operating income was $69.82M on revenue of $240.82M in fiscal 2025, an operating margin of 29.0%, compared with 23.8% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition