Onterris (ONT) financial statements
Onterris reported revenue of $831M in fiscal 2025, up 23.6% a year over 7 years.
Net income was -$843,000 and the operating margin 1.4%, against -5.6% in 2018.
Free cash flow was $91M, and the company returned $4M in dividends.
The diluted share count rose 366% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Onterris's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $189M | $234M | $328M | $546M | $544M | $624M | $696M | $831M |
| Cost of revenue | $135M | $164M | $215M | $369M | $352M | $384M | $418M | $496M |
| Gross profit | $54M | $70M | $113M | $177M | $193M | $240M | $278M | $334M |
| Selling, general and admin | $41M | $50M | $86M | $118M | $176M | $223M | $262M | $271M |
| Operating income | -$11M | -$9M | -$23M | -$9M | -$28M | -$28M | -$37M | $12M |
| Pre-tax income | -$21M | -$27M | -$57M | -$24M | -$30M | -$32M | -$54M | $11M |
| Income tax | -$5M | -$3M | $851,000 | $2M | $2M | -$980,000 | $8M | $12M |
| Net income | -$16M | -$24M | -$58M | -$25M | -$32M | -$31M | -$62M | -$843,000 |
| EPS (diluted) | -$2.79 | -$4.91 | -$6.48 | -$1.56 | -$1.62 | -$1.57 | -$2.22 | -$0.14 |
| Diluted shares | 8M | 9M | 16M | 27M | 30M | 30M | 33M | 35M |
| Gross margin | 28.6% | 29.9% | 34.3% | 32.5% | 35.4% | 38.5% | 39.9% | 40.3% |
| Operating margin | -5.6% | -3.8% | -7.0% | -1.7% | -5.1% | -4.6% | -5.3% | 1.4% |
| Net margin | -8.7% | -10.1% | -17.7% | -4.6% | -5.8% | -4.9% | -8.9% | -0.1% |
Balance sheet
Fiscal years, from Onterris's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | — | $7M | $35M | $147M | $90M | $23M | $13M | $11M |
| Receivables | — | $46M | $54M | $99M | $95M | $112M | $159M | $155M |
| Total current assets | — | $73M | $134M | $294M | $248M | $201M | $238M | $240M |
| Property, plant and equipment | — | $27M | $34M | $32M | $36M | $57M | $64M | $64M |
| Goodwill | — | $127M | $275M | $312M | $324M | $364M | $468M | $467M |
| Total assets | — | $332M | $603M | $833M | $792M | $817M | $990M | $981M |
| Total current liabilities | — | $73M | $112M | $148M | $111M | $126M | $159M | $168M |
| Long-term debt | — | $145M | $170M | $162M | $152M | $149M | $205M | $277M |
| Total liabilities | — | $229M | $313M | $364M | $326M | $343M | $451M | $530M |
| Shareholders' equity | $7M | -$26M | $137M | $317M | $313M | $321M | $446M | $451M |
| Net debt | — | $146M | $142M | $27M | $75M | $140M | $210M | $277M |
Cash flow
Fiscal years, from Onterris's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$3M | $17M | $2M | $38M | $21M | $56M | $22M | $107M |
| Capital spending | $4M | $5M | $8M | $7M | $10M | $30M | $21M | $16M |
| Free cash flow | -$7M | $12M | -$6M | $31M | $11M | $26M | $902,000 | $91M |
| Stock-based compensation | $6M | $4M | $5M | $10M | $43M | $47M | $65M | $43M |
| Dividends paid | — | — | $7M | $16M | $16M | $16M | $11M | $4M |
| Share buybacks (net) | -$3M | — | — | — | — | — | — | — |
| Free cash flow margin | -3.5% | 5.3% | -1.8% | 5.6% | 2.0% | 4.2% | 0.1% | 11.0% |
| Dividends per share | — | — | $0.42 | $0.61 | $0.55 | $0.55 | $0.33 | $0.12 |
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Open ONT in InvestinglyQuestions
What was Onterris's revenue in 2025?
$831M in fiscal 2025, from its 10-K filing.
How much free cash flow does Onterris generate?
$91M in fiscal 2025 (operating cash flow minus capital spending).
From Onterris's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.