POET Technologies (POET) financial statements
POET Technologies reported revenue of $1M in fiscal 2025, down 5.9% a year over 9 years.
Net income was -$63M.
Free cash flow was -$33M.
The diluted share count rose 323% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from POET Technologies's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2M | $3M | $4M | — | — | $209,100 | $552,748 | $465,777 | $41,427 | $1M |
| Cost of revenue | $946,001 | $1M | $1M | — | — | — | — | — | — | — |
| Gross profit | $915,746 | $1M | $2M | — | — | — | — | — | — | — |
| Research and development | $3M | $2M | $2M | $2M | $7M | $8M | $11M | $10M | $11M | $18M |
| Selling, general and admin | $11M | $6M | $6M | $7M | $8M | $9M | $10M | $11M | $19M | $25M |
| Operating income | -$14M | -$8M | -$8M | -$11M | -$18M | -$16M | — | — | — | — |
| Interest expense | — | — | — | $819,911 | $937,903 | $364,619 | $49,738 | $70,182 | $102,673 | $144,046 |
| Pre-tax income | -$13M | -$8M | -$8M | -$12M | -$18M | -$16M | -$21M | -$20M | -$57M | -$63M |
| Income tax | -$207,257 | -$297,940 | -$297,940 | -$292,740 | — | — | — | — | — | — |
| Net income | -$13M | -$13M | -$16M | -$6M | -$18M | -$16M | -$21M | -$20M | -$57M | -$63M |
| EPS (diluted) | — | — | — | — | — | -$0.45 | -$0.57 | -$0.51 | -$0.94 | -$0.68 |
| Diluted shares | 22M | 26M | 28M | 29M | 29M | 35M | 37M | 40M | 60M | 93M |
| Gross margin | 49.2% | 51.9% | 62.0% | — | — | — | — | — | — | — |
| Operating margin | -736.7% | -283.1% | -216.6% | — | — | -7493.6% | — | — | — | — |
| Net margin | -710.3% | -458.0% | -419.8% | — | — | -7493.6% | -3805.8% | -4351.3% | -136857.2% | -5857.8% |
Balance sheet
Fiscal years, from POET Technologies's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $15M | $5M | $3M | $1M | $7M | $21M | $9M | $3M | $54M | $313M |
| Receivables | $292,849 | $493,925 | $946,944 | — | — | — | $62,842 | — | $7,257 | — |
| Inventory | $1M | $524,582 | $436,833 | — | — | — | — | — | — | — |
| Total current assets | $17M | $8M | $7M | $20M | $7M | $22M | $10M | $3M | $55M | $314M |
| Property, plant and equipment | $9M | $8M | $9M | $3M | $3M | $3M | $5M | $5M | $13M | $12M |
| Goodwill | $8M | $8M | $8M | — | — | — | — | — | — | — |
| Total assets | $36M | $25M | $25M | $24M | $12M | $27M | $15M | $9M | $70M | $329M |
| Total current liabilities | $2M | $810,593 | $3M | $5M | $5M | $2M | $4M | $4M | $48M | $144M |
| Long-term debt | — | — | — | — | $70,310 | — | — | — | — | — |
| Total liabilities | $3M | $2M | $4M | $5M | $6M | $2M | $4M | $4M | $49M | $145M |
| Shareholders' equity | $32M | $23M | $21M | $19M | $6M | $25M | $11M | $5M | $21M | $184M |
| Net debt | -$14M | -$5M | -$3M | $2M | -$3M | -$15M | -$9M | -$3M | -$37M | -$40M |
Cash flow
Fiscal years, from POET Technologies's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$10M | -$9M | -$9M | -$9M | -$9M | -$11M | -$12M | -$15M | -$23M | -$31M |
| Capital spending | $1M | $98,751 | $4M | $522,715 | $2M | $930,882 | $3M | $1M | $7M | $2M |
| Free cash flow | -$11M | -$9M | -$13M | -$10M | -$11M | -$12M | -$15M | -$17M | -$30M | -$33M |
| Stock-based compensation | $4M | $3M | $4M | $3M | $4M | $5M | $4M | $4M | $5M | $6M |
| Net borrowing | — | — | — | — | $218,151 | — | — | — | — | — |
| Free cash flow margin | -603.9% | -331.5% | -329.8% | — | — | -5817.4% | -2786.1% | -3575.6% | -73068.3% | -3106.3% |
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Open POET in InvestinglyQuestions
What was POET Technologies's revenue in 2025?
$1M in fiscal 2025, from its 10-K filing.
How much free cash flow does POET Technologies generate?
-$33M in fiscal 2025 (operating cash flow minus capital spending).
From POET Technologies's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.