Huadi International Group Co. (HUDI) Financial Statements & Analysis

Huadi International Group Co. (HUDI) Income Statement

Huadi International Group Co. reported revenue of $62.90M in fiscal 2025 (fiscal year ended Sep 30, 2025), down 15.3% from $74.27M a year earlier. Huadi International Group Co. posted a net loss of $1.40M, compared with net income of $137.42K a year earlier. Gross margin was 10.8% and operating margin -5.0%. In the most recent quarter, Q2 fiscal 2026 (ended Mar 31, 2026), revenue was $24.54M, down 16.5% from the same quarter a year earlier.

Huadi International Group Co. Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Huadi International Group Co., 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	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	62.90	74.27	84.33	76.37	70.25	59.14	65.52	60.39	49.40
Cost of Revenue	56.10	66.95	71.98	65.23	58.93	48.47	50.90	47.14	39.73
Gross Profit	6.79	7.32	12.36	11.14	11.32	10.66	14.62	13.24	9.67
Operating Expenses
Research & Development	2.17	2.24	2.55	2.33	2.06	2.12	1.78	1.45	1.45
Selling, General & Administrative	7.78	6.78	7.34	6.45	6.68	4.08	4.47	3.60	3.13
Operating Expenses	9.94	9.02	9.89	8.78	8.74	6.20	6.24	5.05	4.58
Operating Income	-3.15	-1.71	2.47	2.35	2.58	4.46	8.38	8.20	5.10
Other Income/Expense
Interest Income	0.22	0.21	0.00	0.42	0.00	0.00	0.00	0.00	2.04
Interest Expense	0.00	0.00	0.30	-1.63	-2.06	2.16	2.15	2.08	0.00
Other Income/Expense	1.25	1.55	1.05	-1.63	-2.06	-0.89	-1.93	-1.61	6.26
Income
Income Before Tax	-1.90	-0.16	3.52	2.12	2.47	3.58	6.45	6.59	11.36
Income Tax Expense	-0.49	-0.30	0.22	0.17	-0.09	0.22	1.01	1.34	2.03
Net Income	-1.40	0.14	3.26	1.92	2.53	3.32	5.39	5.20	9.24
Net Income - Continuous Operations	-1.40	0.14	3.26	1.95	2.53	3.32	5.39	5.20	9.24
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	-1.25	0.40	4.53	3.18	3.35	6.49	9.25	9.39	14.32
EBIT	-2.80	-0.80	2.84	2.35	2.58	-	-	-	-
Depreciation & Amortization	0.64	0.76	0.72	0.82	0.77	0.75	0.65	0.73	0.92
Earnings Per Share
Basic EPS	-	-	-	-	-	-	1.00	-	1.00
Diluted EPS	-	-	-	-	-	-	1.00	-	1.00
Basic Shares Outstanding	14.28	14.26	14.14	13.23	12.12	13.59	10.00	13.22	10.00
Diluted Shares Outstanding	14.28	14.26	14.14	13.23	12.12	13.59	10.00	13.22	10.00

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

Frequently Asked Questions About Huadi International Group Co. Financial Statements

What was Huadi International Group Co.'s revenue in fiscal 2025?

Huadi International Group Co. reported revenue of $62.90M in fiscal 2025 (fiscal year ended Sep 30, 2025). That was down 15.3% from $74.27M a year earlier.

Is Huadi International Group Co. profitable?

No. Huadi International Group Co. reported a net loss of $1.40M in fiscal 2025. In fiscal 2024 it earned $137.42K.

What is Huadi International Group Co.'s operating margin?

Huadi International Group Co.'s operating income was −$3.15M on revenue of $62.90M in fiscal 2025, an operating margin of -5.0%, compared with -2.3% 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