Nyxoah SA (NYXH) Income Statement

Nyxoah SA reported revenue of EUR 10.02M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 121.6% from EUR 4.52M a year earlier. Nyxoah SA posted a net loss of EUR 90.08M, compared with a net loss of EUR 59.24M a year earlier. Gross margin was 63.1% and operating margin -833.2%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was EUR 7.67M, up 472.8% from the same quarter a year earlier.

Nyxoah SA Income Statement Analysis

Values in millions EUR

Income Statement Balance Sheet Cash Flow Ratios

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Nyxoah SA income statement - Annual data in millions EUR
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	10.02	4.52	4.35	3.08	0.85	0.07
Cost of Revenue	3.69	1.55	1.66	1.15	0.30	0.03
Gross Profit	6.33	2.97	2.69	1.93	0.55	0.04
Operating Expenses
Research & Development	42.82	34.33	26.65	15.86	12.96	2.34
Selling, General & Administrative	48.26	28.46	21.69	17.94	14.00	9.39
Operating Expenses	89.81	61.78	47.79	34.43	26.79	11.26
Operating Income	-83.49	-58.81	-45.10	-32.50	-26.24	-11.22
Other Income/Expense
Interest Income	5.93	7.45	4.17	0.37	0.00	0.00
Interest Expense	1.85	-0.89	-0.22	0.24	0.39	-0.20
Other Income/Expense	-5.59	2.38	0.45	2.88	3.20	-0.77
Income
Income Before Tax	-89.08	-56.43	-44.66	-30.06	-24.64	-12.15
Income Tax Expense	1.01	2.80	-1.45	1.17	2.98	0.09
Net Income	-90.09	-59.24	-43.21	-31.23	-27.62	-12.25
Net Income - Continuous Operations	-90.09	-59.24	-43.21	-31.23	-27.62	-
Net Income - Discontinued Operations	-	-	-	-	-	-
EBITDA	-82.35	-58.06	-42.74	-27.89	-22.59	-10.60
EBIT	-83.44	-58.81	-45.10	-29.82	-24.25	-11.22
Depreciation & Amortization	1.32	0.75	0.64	0.91	0.71	0.62
Earnings Per Share
Basic EPS	-2.00	-2.00	-2.00	-1.00	-1.00	-1.00
Diluted EPS	-2.00	-2.00	-2.00	-1.00	-1.00	-1.00
Basic Shares Outstanding	38.11	32.74	27.97	25.83	23.81	18.10
Diluted Shares Outstanding	38.11	32.74	27.97	25.83	23.81	18.10

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

Frequently Asked Questions About Nyxoah SA Financial Statements

What was Nyxoah SA's revenue in fiscal 2025?

Nyxoah SA reported revenue of EUR 10.02M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 121.6% from EUR 4.52M a year earlier.

Is Nyxoah SA profitable?

No. Nyxoah SA reported a net loss of EUR 90.08M in fiscal 2025. In fiscal 2024 it lost EUR 59.24M.

What is Nyxoah SA's operating margin?

Nyxoah SA's operating income was −EUR 83.48M on revenue of EUR 10.02M in fiscal 2025, an operating margin of -833.2%, compared with -1300.8% 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