Duos Technologies Group (DUOT) Financial Statements & Analysis

Duos Technologies Group (DUOT) Income Statement

Duos Technologies Group reported revenue of $27.02M in fiscal 2025 (fiscal year ended Mar 31, 2026), up 271.2% from $7.28M a year earlier. Duos Technologies Group posted a net loss of $9.84M, compared with a net loss of $10.76M a year earlier. Gross margin was 29.3% and operating margin -36.1%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $6.18M, up 29.5% from the same quarter a year earlier.

Duos Technologies Group Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Duos Technologies Group, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2025	FY 2024	FY 2024	FY 2023	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Mar 2026	Dec 2025	Mar 2025	Dec 2024	Mar 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Mar 2019	Dec 2017
Revenue & Gross Profit
Revenue	27.02	27.02	7.28	7.28	7.47	7.47	15.01	8.26	8.04	13.64	12.05	3.88
Cost of Revenue	19.15	19.15	6.81	6.81	6.16	6.16	10.26	6.22	7.80	7.16	6.84	2.29
Gross Profit	7.91	7.88	0.47	0.47	1.31	1.31	4.75	2.04	0.24	6.48	5.20	1.59
Operating Expenses
Research & Development	0.85	0.85	1.53	1.53	1.81	1.81	1.65	2.52	0.10	1.48	0.49	0.31
Selling, General & Administrative	16.79	16.79	9.92	9.92	10.94	10.94	9.96	6.98	6.77	7.41	6.29	4.72
Operating Expenses	17.64	17.64	11.45	11.45	12.76	25.51	23.23	9.50	6.87	8.89	6.77	5.03
Operating Income	-9.76	-9.76	-10.98	-10.98	-11.45	-11.45	-6.87	-7.46	-6.63	-2.41	-1.57	-3.44
Other Income/Expense
Interest Income	0.46	0.46	0.00	0.04	0.00	-	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	0.44	0.44	0.29	0.29	0.01	-0.01	-0.01	0.02	0.15	0.07	0.02	4.52
Other Income/Expense	-0.07	-0.09	0.22	0.47	0.20	0.41	0.00	1.47	-0.11	-0.06	-0.01	-1.71
Income
Income Before Tax	-9.84	-9.84	-10.76	-10.76	-11.24	-11.24	-6.86	-6.01	-6.75	-2.47	-1.58	-5.15
Income Tax Expense	0.00	-	0.00	-	0.00	-	0.00	0.00	0.00	0.00	0.01	4.52
Net Income	-9.84	-9.84	-10.76	-10.76	-11.24	-11.24	-6.86	-6.01	-6.75	-2.47	-1.58	-5.15
Net Income - Continuous Operations	-9.84	-9.84	-10.76	-10.76	-11.24	-11.24	-6.86	-6.01	-6.75	-2.47	-1.58	-5.15
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-	-	-	-
EBITDA	-6.75	-6.75	-7.92	-7.92	-10.37	-11.12	-6.53	-5.46	-6.14	-2.00	-1.46	-0.59
EBIT	-	-9.40	-	-10.48	-	-11.45	-6.87	-5.99	-6.63	-	-	-
Depreciation & Amortization	2.65	2.65	2.56	2.56	0.87	0.33	0.33	0.53	0.46	0.40	0.10	0.05
Earnings Per Share
Basic EPS	-1.00	-1.00	-1.00	-1.00	-2.00	-2.00	-1.00	-2.00	-2.00	-1.00	-1.00	-20.00
Diluted EPS	-1.00	-1.00	-1.00	-1.00	-2.00	-2.00	-1.00	-2.00	-2.00	-1.00	-1.00	-20.00
Basic Shares Outstanding	15.28	15.27	7.74	7.74	7.20	7.20	6.18	3.69	3.32	1.78	1.49	0.26
Diluted Shares Outstanding	15.28	15.27	7.74	7.74	7.20	7.20	6.18	3.69	3.32	1.78	1.49	0.26

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

Frequently Asked Questions About Duos Technologies Group Financial Statements

What was Duos Technologies Group's revenue in fiscal 2025?

Duos Technologies Group reported revenue of $27.02M in fiscal 2025 (fiscal year ended Mar 31, 2026). That was up 271.2% from $7.28M a year earlier.

Is Duos Technologies Group profitable?

No. Duos Technologies Group reported a net loss of $9.84M in fiscal 2025. In fiscal 2024 it lost $10.76M.

What is Duos Technologies Group's operating margin?

Duos Technologies Group's operating income was −$9.76M on revenue of $27.02M in fiscal 2025, an operating margin of -36.1%, compared with -150.9% 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