Ryde Group (RYDE) Income Statement

Ryde Group reported revenue of SGD 12.51M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 39.7% from SGD 8.95M a year earlier. Ryde Group posted a net loss of SGD 17.70M, compared with a net loss of SGD 18.65M a year earlier. Gross margin was 25.7% and operating margin -139.7%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was SGD 2.96M, down 48.5% from the same quarter a year earlier.

Ryde Group Income Statement Analysis

Values in millions SGD

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

Ryde Group Ltd income statement - Annual data in millions SGD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Revenue & Gross Profit
Revenue	12.51	8.95	8.67	8.83	6.20
Cost of Revenue	9.29	6.87	8.87	7.17	5.69
Gross Profit	3.22	2.08	-0.20	-0.77	1.98
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	16.15	14.96	9.92	2.70	0.33
Operating Expenses	20.69	20.68	11.56	2.77	3.54
Operating Income	-17.48	-18.60	-11.76	-3.02	-1.56
Other Income/Expense
Interest Income	-0.12	0.00	0.00	0.00	0.00
Interest Expense	0.01	0.08	0.45	0.20	-0.12
Other Income/Expense	-0.04	-0.08	-0.66	-1.94	0.32
Income
Income Before Tax	-17.48	-18.68	-12.87	-4.96	-1.24
Income Tax Expense	-0.03	0.00	0.00	0.00	0.00
Net Income	-17.70	-18.65	-12.83	-4.92	-1.24
Net Income - Continuous Operations	-17.45	-18.68	-12.87	-4.92	-1.23
Net Income - Discontinued Operations	-	-	-	-	-
EBITDA	-16.86	-18.04	-12.02	-4.75	-1.29
EBIT	-17.48	-18.60	-12.42	-5.05	-1.56
Depreciation & Amortization	0.61	0.56	0.40	0.30	0.27
Earnings Per Share
Basic EPS	-1.00	-1.00	-1.00	-	-
Diluted EPS	-1.00	-1.00	-1.00	-	-
Basic Shares Outstanding	13.01	21.26	19.11	11.70	11.70
Diluted Shares Outstanding	13.01	21.26	19.11	11.70	11.70

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

Frequently Asked Questions About Ryde Group Financial Statements

What was Ryde Group's revenue in fiscal 2025?

Ryde Group reported revenue of SGD 12.51M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 39.7% from SGD 8.95M a year earlier.

Is Ryde Group profitable?

No. Ryde Group reported a net loss of SGD 17.70M in fiscal 2025. In fiscal 2024 it lost SGD 18.65M.

What is Ryde Group's operating margin?

Ryde Group's operating income was −SGD 17.48M on revenue of SGD 12.51M in fiscal 2025, an operating margin of -139.7%, compared with -207.8% 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