NXDR (NXDR) financial statements
NXDR reported revenue of $258M in fiscal 2025, up 15.9% a year over 5 years.
Net income was -$54M and the operating margin -27.9%, against -62.2% in 2020.
Free cash flow was $6M, and the company returned $19M in net buybacks.
The diluted share count rose 328% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from NXDR's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $123M | $192M | $213M | $218M | $247M | $258M |
| Cost of revenue | $22M | $29M | $39M | $42M | $42M | $41M |
| Gross profit | $102M | $163M | $174M | $177M | $205M | $217M |
| Research and development | $69M | $97M | $127M | $150M | $128M | $135M |
| Selling, general and admin | $109M | $161M | $191M | $199M | $199M | $153M |
| Operating income | -$77M | -$95M | -$144M | -$172M | -$122M | -$72M |
| Pre-tax income | -$75M | -$95M | -$136M | -$147M | -$97M | -$53M |
| Income tax | $127,000 | $157,000 | $2M | $756,000 | $706,000 | $2M |
| Net income | -$75M | -$95M | -$138M | -$148M | -$98M | -$54M |
| EPS (diluted) | -$0.83 | -$0.65 | -$0.36 | -$0.39 | -$0.25 | -$0.14 |
| Diluted shares | 90M | 146M | 379M | 379M | 385M | 386M |
| Gross margin | 82.5% | 85.0% | 81.7% | 80.9% | 83.1% | 84.1% |
| Operating margin | -62.2% | -49.3% | -67.8% | -78.9% | -49.2% | -27.9% |
| Net margin | -61.0% | -49.6% | -64.8% | -67.7% | -39.7% | -21.0% |
Balance sheet
Fiscal years, from NXDR's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Cash and short-term investments | $137M | $716M | $583M | $531M | $427M | $405M |
| Receivables | $22M | $30M | $30M | $26M | $31M | $34M |
| Total current assets | $165M | $762M | $625M | $567M | $467M | $448M |
| Property, plant and equipment | $6M | $13M | $12M | $8M | $3M | $2M |
| Goodwill | $1M | $1M | $1M | $1M | $1M | $1M |
| Total assets | $218M | $840M | $700M | $655M | $514M | $487M |
| Total current liabilities | $32M | $34M | $35M | $35M | $28M | $32M |
| Total liabilities | $68M | $95M | $88M | $96M | $60M | $56M |
| Shareholders' equity | -$298M | $745M | $611M | $559M | $453M | $431M |
| Net debt | -$84M | -$522M | -$55M | -$60M | -$46M | -$63M |
Cash flow
Fiscal years, from NXDR's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Operating cash flow | -$42M | -$51M | -$61M | -$59M | -$20M | $6M |
| Capital spending | $5M | $9M | $3M | $267,000 | $404,000 | $580,000 |
| Free cash flow | -$47M | -$60M | -$64M | -$60M | -$21M | $6M |
| Stock-based compensation | $23M | $48M | $64M | $83M | $74M | $65M |
| Share buybacks (net) | $0 | $0 | -$77M | $0 | -$76M | -$19M |
| Free cash flow margin | -37.8% | -31.3% | -29.9% | -27.3% | -8.3% | 2.3% |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for NXDR.
Open NXDR in InvestinglyQuestions
What was NXDR's revenue in 2025?
$258M in fiscal 2025, from its 10-K filing.
How much free cash flow does NXDR generate?
$6M in fiscal 2025 (operating cash flow minus capital spending).
From NXDR's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.