CN Energy Group. (CNEY) Financial Statements & Analysis

CN Energy Group. (CNEY) Income Statement

CN Energy Group. reported revenue of $35.57M in fiscal 2025 (fiscal year ended Sep 30, 2025), down 30.2% from $50.96M a year earlier. CN Energy Group. posted a net loss of $11.14M, compared with a net loss of $14.04M a year earlier. Gross margin was -20.2% and operating margin -30.9%. In the most recent quarter, Q2 fiscal 2026 (ended Mar 31, 2026), revenue was $17.72M, up 8.2% from the same quarter a year earlier.

CN Energy Group. Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

CN Energy Group. Inc. 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	Sep 2025	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017
Revenue & Gross Profit
Revenue	35.57	50.96	57.90	40.21	19.85	12.48	10.89	8.09	1.37
Cost of Revenue	42.75	51.14	57.11	36.56	17.23	9.12	7.92	6.27	1.65
Gross Profit	-7.17	-0.18	0.79	3.64	2.62	3.36	2.97	1.82	-0.28
Operating Expenses
Research & Development	0.00	0.14	0.99	-1.03	0.39	0.29	0.59	0.04	0.04
Selling, General & Administrative	4.10	3.20	5.78	-2.15	1.65	1.07	1.19	0.72	0.70
Operating Expenses	3.80	12.31	6.97	3.18	2.03	0.88	1.20	0.11	0.74
Operating Income	-10.98	-12.49	-6.18	0.46	0.58	2.00	1.78	1.06	-1.02
Other Income/Expense
Interest Income	0.00	0.00	0.00	0.70	0.19	0.00	0.00	0.00	-
Interest Expense	0.71	0.34	-0.71	0.16	0.00	0.03	0.01	0.00	0.00
Other Income/Expense	-0.17	-1.56	0.33	2.08	0.85	0.51	0.59	0.62	0.09
Income
Income Before Tax	-11.14	-14.05	-5.85	2.54	1.73	2.51	1.78	1.68	-0.93
Income Tax Expense	0.00	-0.01	-0.34	0.31	0.44	0.17	0.11	0.11	-0.11
Net Income	-11.14	-14.04	-5.63	2.23	1.30	2.34	1.67	1.56	-0.81
Net Income - Continuous Operations	-11.14	-14.04	-5.63	2.23	1.30	2.34	1.67	1.56	-0.81
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	-9.14	-11.10	-3.53	4.24	1.76	3.03	2.83	2.82	0.19
EBIT	-10.97	-12.49	-6.18	0.46	0.58	-	-	-	-
Depreciation & Amortization	1.30	2.61	2.65	1.54	1.17	1.03	1.05	1.14	1.11
Earnings Per Share
Basic EPS	-21.00	-70.00	-78.00	77.00	16.00	176.00	125.00	117.00	-53.00
Diluted EPS	-21.00	-103.00	-78.00	77.00	16.00	176.00	125.00	117.00	-53.00
Basic Shares Outstanding	0.52	0.20	0.07	0.03	0.02	0.01	0.01	0.01	0.02
Diluted Shares Outstanding	0.52	0.20	0.07	0.03	0.02	0.01	0.01	0.01	0.02

Source: Company financial statements from annual and quarterly filings. Data as of Mar 31, 2026. Data sources and methodology

Frequently Asked Questions About CN Energy Group. Financial Statements

What was CN Energy Group.'s revenue in fiscal 2025?

CN Energy Group. reported revenue of $35.57M in fiscal 2025 (fiscal year ended Sep 30, 2025). That was down 30.2% from $50.96M a year earlier.

Is CN Energy Group. profitable?

No. CN Energy Group. reported a net loss of $11.14M in fiscal 2025. In fiscal 2024 it lost $14.04M.

What is CN Energy Group.'s operating margin?

CN Energy Group.'s operating income was −$10.98M on revenue of $35.57M in fiscal 2025, an operating margin of -30.9%, compared with -24.5% 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