Voyager Technologies (VOYG) Income Statement

Voyager Technologies reported revenue of $166.42M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 15.4% from $144.18M a year earlier. Voyager Technologies posted a net loss of $116.07M, compared with a net loss of $62.07M a year earlier. Gross margin was 18.0% and operating margin -65.2%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $52.75M, up 15.5% from the same quarter a year earlier.

Voyager Technologies Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Voyager Technologies, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023
Period ending	Dec 2025	Dec 2024	Dec 2023
Revenue & Gross Profit
Revenue	166.42	144.18	136.06
Cost of Revenue	136.54	109.27	108.28
Gross Profit	29.88	34.92	27.79
Operating Expenses
Research & Development	12.75	7.61	-18.54
Selling, General & Administrative	113.59	62.57	50.74
Operating Expenses	138.37	83.36	41.96
Operating Income	-108.50	-48.44	-14.17
Other Income/Expense
Interest Income	0.00	0.00	0.00
Interest Expense	6.82	12.02	-10.59
Other Income/Expense	-4.27	-18.89	-10.68
Income
Income Before Tax	-112.77	-67.34	-24.86
Income Tax Expense	-0.44	-1.71	0.34
Net Income	-116.07	-62.07	-43.28
Net Income - Continuous Operations	-104.81	-62.07	-25.20
Net Income - Discontinued Operations	-	-	-
EBITDA	-91.58	-38.94	-0.58
EBIT	-105.00	-39.15	-10.87
Depreciation & Amortization	16.39	16.38	10.29
Earnings Per Share
Basic EPS	-3.00	-1.00	-4.00
Diluted EPS	-3.00	-1.00	-4.00
Basic Shares Outstanding	40.21	58.23	12.36
Diluted Shares Outstanding	40.21	58.23	12.75

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

Frequently Asked Questions About Voyager Technologies Financial Statements

What was Voyager Technologies's revenue in fiscal 2025?

Voyager Technologies reported revenue of $166.42M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 15.4% from $144.18M a year earlier.

Is Voyager Technologies profitable?

No. Voyager Technologies reported a net loss of $116.07M in fiscal 2025. In fiscal 2024 it lost $62.07M.

What is Voyager Technologies's operating margin?

Voyager Technologies's operating income was −$108.50M on revenue of $166.42M in fiscal 2025, an operating margin of -65.2%, compared with -33.6% 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