XCHG (XCH) Income Statement

XCHG reported revenue of $25.10M in fiscal 2025 (fiscal year ended Dec 31, 2025), down 40.5% from $42.20M a year earlier. XCHG posted a net loss of $32.50M, compared with a net loss of $13.10M a year earlier. Gross margin was 46.2% and operating margin -131.3%. In the most recent quarter, H1 fiscal 2026 (ended Jun 30, 2026), revenue was $10.27M, down 17.5% from the same quarter a year earlier.

XCHG Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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XCHG Limited income statement - Annual data in millions USD
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	25.10	42.20	38.51	29.42	13.16
Cost of Revenue	13.50	20.98	20.94	18.72	8.53
Gross Profit	11.60	21.22	17.57	10.70	4.63
Operating Expenses
Research & Development	7.07	12.16	4.06	2.82	1.71
Selling, General & Administrative	37.62	21.13	20.32	6.27	4.44
Operating Expenses	44.57	33.25	24.09	9.05	6.55
Operating Income	-32.97	-12.03	-6.52	1.65	-1.93
Other Income/Expense
Interest Income	0.20	0.16	0.10	0.20	0.21
Interest Expense	0.21	-0.21	0.19	0.07	0.34
Other Income/Expense	0.48	0.09	-1.57	-0.06	-0.14
Income
Income Before Tax	-32.50	-11.94	-8.08	1.60	-2.07
Income Tax Expense	0.00	0.00	0.00	-0.01	0.00
Net Income	-32.50	-13.10	-8.08	1.61	-2.07
Net Income - Continuous Operations	-32.50	-11.94	-8.08	1.61	-2.07
Net Income - Discontinued Operations	-	-	-	-	-
EBITDA	-32.01	-11.80	-7.69	1.80	-1.51
EBIT	-32.29	-12.03	-6.52	1.65	-1.73
Depreciation & Amortization	0.28	0.23	0.20	0.14	0.22
Earnings Per Share
Basic EPS	-9.00	-8.00	-4.00	-	-2.00
Diluted EPS	-	-	-4.00	-	-2.00
Basic Shares Outstanding	3.50	1.61	2.97	2.97	2.97
Diluted Shares Outstanding	3.50	1.61	2.97	2.97	2.97

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

Frequently Asked Questions About XCHG Financial Statements

What was XCHG's revenue in fiscal 2025?

XCHG reported revenue of $25.10M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 40.5% from $42.20M a year earlier.

Is XCHG profitable?

No. XCHG reported a net loss of $32.50M in fiscal 2025. In fiscal 2024 it lost $13.10M.

What is XCHG's operating margin?

XCHG's operating income was −$32.97M on revenue of $25.10M in fiscal 2025, an operating margin of -131.3%, compared with -28.5% 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