ONIT (ONIT) financial statements
ONIT reported revenue of $58M in fiscal 2025, down 6.9% a year over 9 years.
Net income was $190M and the operating margin -750.7%, against -1010.5% in 2016.
Free cash flow was -$751M.
The diluted share count rose 4% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from ONIT's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $110M | $70M | $28M | $23M | $26M | $43M | $33M | $32M | $42M | $58M |
| Operating income | -$1.1B | -$875M | -$751M | -$651M | -$550M | -$567M | -$499M | -$380M | -$394M | -$434M |
| Interest expense | $413M | $127M | $103M | $114M | $109M | $144M | $186M | $274M | $289M | $309M |
| Pre-tax income | -$206M | -$144M | -$71M | -$126M | -$106M | -$4M | $25M | -$58M | $39M | $63M |
| Income tax | -$7M | -$16M | $529,000 | $16M | -$66M | -$22M | -$800,000 | $6M | $5M | -$127M |
| Net income | -$200M | -$128M | -$71M | -$142M | -$40M | $18M | $26M | -$64M | $34M | $190M |
| EPS (diluted) | -$24.15 | -$15.15 | -$7.94 | -$15.86 | -$4.59 | $1.93 | $2.85 | -$8.34 | $4.13 | $21.46 |
| Diluted shares | 8M | 8M | 9M | 9M | 9M | 9M | 9M | 8M | 8M | 9M |
| Operating margin | -1010.5% | -1245.6% | -2644.2% | -2797.5% | -2148.8% | -1326.9% | -1503.6% | -1187.8% | -939.3% | -750.7% |
| Net margin | -181.4% | -182.1% | -249.3% | -611.1% | -157.0% | 42.4% | 77.4% | -199.1% | 80.7% | 327.9% |
Balance sheet
Fiscal years, from ONIT's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $257M | $260M | $329M | $428M | $285M | $193M | $208M | $202M | $185M | $180M |
| Property, plant and equipment | $63M | $37M | $33M | $38M | $17M | $14M | $20M | $13M | $11M | $11M |
| Total assets | $7.7B | $8.4B | $9.4B | $10.4B | $10.7B | $12.1B | $12.4B | $12.5B | $16.4B | $16.2B |
| Total liabilities | $7.0B | $7.9B | $8.8B | $10.0B | $10.2B | $11.7B | $11.9B | $12.1B | $15.9B | $15.5B |
| Shareholders' equity | $653M | $545M | $555M | $412M | $415M | $477M | $457M | $402M | $443M | $628M |
| Net debt | -$257M | -$260M | -$329M | -$428M | -$285M | -$193M | -$208M | -$202M | -$185M | -$180M |
Cash flow
Fiscal years, from ONIT's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $421M | $409M | $273M | $152M | $261M | -$468M | $173M | $10M | -$574M | -$748M |
| Capital spending | $34M | $9M | $9M | $2M | $4M | $3M | $6M | $2M | $800,000 | $3M |
| Free cash flow | $388M | $400M | $264M | $150M | $257M | -$472M | $168M | $8M | -$575M | -$751M |
| Stock-based compensation | $5M | $6M | $2M | $3M | $2M | $5M | $5M | $10M | $8M | $8M |
| Share buybacks (net) | -$6M | $0 | $0 | $0 | -$5M | $0 | -$50M | $0 | — | — |
| Free cash flow margin | 352.0% | 569.1% | 928.4% | 644.9% | 1003.5% | -1104.7% | 505.1% | 25.6% | -1368.1% | -1299.1% |
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Open ONIT in InvestinglyQuestions
What was ONIT's revenue in 2025?
$58M in fiscal 2025, from its 10-K filing.
How much free cash flow does ONIT generate?
-$751M in fiscal 2025 (operating cash flow minus capital spending).
From ONIT's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.