FinWise Bancorp (FINW) Financial Statements & Analysis

FinWise Bancorp (FINW) Income Statement

FinWise Bancorp reported revenue of $129.37M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 32.7% from $97.46M a year earlier. Net income was $16.09M, up 26.3% year over year, a net margin of 12.4%. Gross margin was 71.2% and operating margin 16.8%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $59.57M, up 137.7% from the same quarter a year earlier.

FinWise Bancorp Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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FinWise Bancorp income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Revenue & Gross Profit
Revenue	129.37	97.46	64.38	90.22	81.09	43.83	28.52
Cost of Revenue	58.87	27.01	21.61	14.95	9.30	6.99	6.75
Gross Profit	92.09	70.45	64.98	75.27	71.78	36.84	28.52
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	42.29	35.21	8.27	24.49	21.74	16.84	0.53
Operating Expenses	70.33	53.46	41.16	39.23	29.51	21.70	15.69
Operating Income	21.76	16.99	23.81	36.03	42.27	15.14	12.84
Other Income/Expense
Interest Income	92.48	74.35	64.53	52.33	49.24	29.51	21.41
Interest Expense	20.30	15.44	9.98	1.43	1.27	1.76	1.46
Other Income/Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income
Income Before Tax	21.76	16.99	23.81	36.03	42.27	15.14	12.84
Income Tax Expense	5.67	4.25	6.35	10.92	10.69	3.94	3.18
Net Income	16.09	12.74	17.46	25.12	31.58	11.20	9.66
Net Income - Continuous Operations	16.09	12.74	17.46	25.12	31.58	11.20	9.66
Net Income - Discontinued Operations	-	-	-	-	-	-	-
EBITDA	4.86	22.28	27.62	38.14	43.31	16.15	0.46
EBIT	-	-	-	-	-	-	-
Depreciation & Amortization	4.86	5.29	3.81	2.11	1.04	1.01	0.46
Earnings Per Share
Basic EPS	1.00	1.00	1.00	2.00	3.00	1.00	1.00
Diluted EPS	1.00	1.00	1.00	2.00	3.00	1.00	1.00
Basic Shares Outstanding	12.83	12.61	12.49	12.73	8.67	8.18	7.04
Diluted Shares Outstanding	13.57	13.23	12.91	13.36	9.11	11.93	7.05

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

Frequently Asked Questions About FinWise Bancorp Financial Statements

What was FinWise Bancorp's revenue in fiscal 2025?

FinWise Bancorp reported revenue of $129.37M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 32.7% from $97.46M a year earlier.

Is FinWise Bancorp profitable?

Yes. FinWise Bancorp earned net income of $16.09M in fiscal 2025, a net margin of 12.4%. In fiscal 2024 it earned $12.74M.

What is FinWise Bancorp's operating margin?

FinWise Bancorp's operating income was $21.76M on revenue of $129.37M in fiscal 2025, an operating margin of 16.8%, compared with 17.4% 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