EZGO Technologies (EZGO) Financial Statements & Analysis

EZGO Technologies (EZGO) Income Statement

EZGO Technologies reported revenue of $20.49M in fiscal 2025 (fiscal year ended Sep 30, 2025), up 12.4% from $18.22M a year earlier. EZGO Technologies posted a net loss of $8.69M, compared with a net loss of $7.28M a year earlier. Gross margin was 6.5% and operating margin -16.4%. In the most recent quarter, Q2 fiscal 2026 (ended Mar 31, 2026), revenue was $6.36M, down 3.1% from the same quarter a year earlier.

EZGO Technologies Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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EZGO Technologies Ltd. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period ending	Sep 2025	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018
Revenue & Gross Profit
Revenue	20.49	18.22	9.16	17.39	23.42	15.24	5.19	3.19
Cost of Revenue	19.15	16.53	8.13	17.17	23.04	13.70	2.01	1.67
Gross Profit	1.33	1.70	1.03	0.22	0.38	1.54	3.18	1.52
Operating Expenses
Research & Development	0.95	0.89	0.61	0.84	0.00	0.00	0.00	0.00
Selling, General & Administrative	2.33	3.14	3.61	5.84	4.26	1.47	0.93	0.46
Operating Expenses	4.69	4.03	4.22	6.68	4.26	1.47	0.93	0.46
Operating Income	-3.36	-2.33	-3.19	-6.46	-3.88	0.07	2.25	1.06
Other Income/Expense
Interest Income	0.11	0.44	0.14	0.07	0.00	0.00	0.00	-
Interest Expense	-0.13	0.08	0.02	-0.11	0.06	0.01	0.02	0.00
Other Income/Expense	-5.01	-4.31	-0.73	-0.27	0.08	0.38	0.41	0.06
Income
Income Before Tax	-8.44	-6.65	-3.92	-6.86	-3.80	0.45	2.65	1.12
Income Tax Expense	-1.02	-0.79	-0.06	-0.53	-0.42	0.12	0.72	0.29
Net Income	-8.69	-7.28	-6.78	-6.46	-2.98	0.15	1.94	0.51
Net Income - Continuous Operations	-9.46	-7.28	-6.78	-7.39	-2.98	0.15	1.94	0.51
Net Income - Discontinued Operations	0.18	-2.22	-3.40	-0.08	-	-	-	-
EBITDA	-1.29	-5.85	-3.39	-5.46	-3.30	0.55	3.62	1.72
EBIT	-1.95	-6.52	-3.19	-6.46	-3.88	-	-	-
Depreciation & Amortization	0.67	0.67	0.45	1.00	0.44	0.09	0.94	0.60
Earnings Per Share
Basic EPS	-38.00	-70.00	-148.00	-473.00	-79.00	12.00	47.00	17.00
Diluted EPS	-38.00	-70.00	-148.00	-473.00	-79.00	9.00	47.00	17.00
Basic Shares Outstanding	0.23	0.10	0.05	0.01	0.04	0.02	0.03	0.03
Diluted Shares Outstanding	0.23	0.10	0.05	0.01	0.04	0.03	0.03	0.03

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

Frequently Asked Questions About EZGO Technologies Financial Statements

What was EZGO Technologies's revenue in fiscal 2025?

EZGO Technologies reported revenue of $20.49M in fiscal 2025 (fiscal year ended Sep 30, 2025). That was up 12.4% from $18.22M a year earlier.

Is EZGO Technologies profitable?

No. EZGO Technologies reported a net loss of $8.69M in fiscal 2025. In fiscal 2024 it lost $7.28M.

What is EZGO Technologies's operating margin?

EZGO Technologies's operating income was −$3.36M on revenue of $20.49M in fiscal 2025, an operating margin of -16.4%, compared with -12.8% 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