Finwise Bancorp (FINW) financial statements
Finwise Bancorp reported revenue of $131M in fiscal 2025, up 13.1% a year over 4 years.
Net income was $16M.
Free cash flow was -$29M.
The diluted share count rose 49% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Finwise Bancorp's 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $80M | $88M | $76M | $81M | $131M |
| Interest expense | $1M | $1M | $10M | — | — |
| Pre-tax income | $42M | $36M | $24M | $17M | $22M |
| Income tax | $11M | $11M | $6M | $4M | $6M |
| Net income | $32M | $25M | $17M | $13M | $16M |
| EPS (diluted) | $3.27 | $1.87 | $1.33 | $0.93 | $1.13 |
| Diluted shares | 9M | 13M | 13M | 13M | 14M |
| Net margin | 39.6% | 28.4% | 23.0% | 15.7% | 12.3% |
Balance sheet
Fiscal years, from Finwise Bancorp's 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash and short-term investments | $86M | $101M | $117M | $109M | $163M |
| Property, plant and equipment | $3M | $9M | $15M | $16M | $3M |
| Total assets | $380M | $401M | $586M | $746M | $977M |
| Long-term debt | $1M | $314,000 | $190,000 | $64,000 | — |
| Total liabilities | $265M | $260M | $431M | $572M | $784M |
| Shareholders' equity | $115M | $140M | $155M | $174M | $193M |
| Net debt | -$85M | -$100M | -$117M | -$109M | -$163M |
Cash flow
Fiscal years, from Finwise Bancorp's 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating cash flow | -$9M | $61M | $12M | -$15M | -$28M |
| Capital spending | $2M | $7M | $7M | $1M | $219,000 |
| Free cash flow | -$12M | $54M | $5M | -$16M | -$29M |
| Stock-based compensation | $2M | $778,000 | $2M | $2M | $4M |
| Share buybacks (net) | $0 | -$1M | -$5M | -$461,000 | $0 |
| Free cash flow margin | -14.5% | 61.1% | 6.3% | -19.7% | -21.9% |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for FINW.
Open FINW in InvestinglyQuestions
What was Finwise Bancorp's revenue in 2025?
$131M in fiscal 2025, from its 10-K filing.
How much free cash flow does Finwise Bancorp generate?
-$29M in fiscal 2025 (operating cash flow minus capital spending).
From Finwise Bancorp's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.