SIBN (SIBN) financial statements
SIBN reported revenue of $201M in fiscal 2025, up 19.6% a year over 8 years.
Net income was -$19M and the operating margin -11.1%, against -36.2% in 2017.
Free cash flow was -$9M.
The diluted share count rose 1139% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from SIBN's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $48M | $55M | $67M | $73M | $90M | $106M | $139M | $167M | $201M |
| Cost of revenue | $5M | $5M | $7M | $9M | $10M | $16M | $29M | $35M | $41M |
| Gross profit | $43M | $51M | $61M | $64M | $80M | $91M | $109M | $132M | $160M |
| Research and development | $6M | $5M | $7M | $9M | $12M | $14M | $15M | $17M | $17M |
| Selling, general and admin | $55M | $57M | $89M | $94M | $119M | $137M | $141M | $151M | $165M |
| Operating income | -$17M | -$12M | -$36M | -$39M | -$52M | -$60M | -$47M | -$35M | -$22M |
| Interest expense | $6M | $5M | $5M | $6M | $5M | $3M | $3M | $3M | $3M |
| Pre-tax income | -$23M | -$17M | -$38M | -$44M | -$57M | -$61M | -$43M | -$31M | -$19M |
| Income tax | $0 | $0 | — | — | $0 | $0 | $0 | $0 | $0 |
| Net income | -$23M | -$17M | -$38M | -$44M | -$57M | -$61M | -$43M | -$31M | -$19M |
| EPS (diluted) | -$6.65 | -$2.20 | -$1.55 | -$1.50 | -$1.71 | -$1.79 | -$1.13 | -$0.75 | -$0.44 |
| Diluted shares | 3M | 8M | 25M | 29M | 33M | 34M | 38M | 41M | 43M |
| Gross margin | 89.3% | 91.3% | 89.9% | 87.9% | 88.4% | 85.2% | 78.8% | 79.0% | 79.6% |
| Operating margin | -36.2% | -21.6% | -53.5% | -52.6% | -57.3% | -56.0% | -33.8% | -21.1% | -11.1% |
| Net margin | -48.0% | -31.5% | -57.1% | -59.5% | -62.8% | -57.6% | -31.2% | -18.5% | -9.4% |
Balance sheet
Fiscal years, from SIBN's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $22M | $122M | $93M | $196M | $141M | $85M | $156M | $142M | $139M |
| Receivables | $7M | $8M | $12M | $14M | $14M | $21M | $22M | $27M | $30M |
| Inventory | $3M | $3M | $5M | $6M | $11M | $17M | $20M | $27M | $34M |
| Total current assets | $34M | $136M | $111M | $218M | $176M | $138M | $211M | $208M | $216M |
| Property, plant and equipment | $2M | $2M | $4M | $5M | $9M | $16M | $16M | $20M | $21M |
| Total assets | $36M | $139M | $117M | $223M | $191M | $158M | $230M | $230M | $239M |
| Total current liabilities | $8M | $9M | $19M | $13M | $17M | $21M | $23M | $27M | $25M |
| Long-term debt | $39M | $39M | $35M | $39M | $35M | $35M | $36M | $35M | $36M |
| Total liabilities | $47M | $48M | $54M | $54M | $56M | $59M | $61M | $63M | $61M |
| Shareholders' equity | -$129M | $90M | $63M | $169M | $134M | $98M | $169M | $167M | $178M |
| Net debt | $16M | $14M | $29M | -$14M | -$28M | $14M | $3M | $504,000 | -$7M |
Cash flow
Fiscal years, from SIBN's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$18M | -$15M | -$32M | -$31M | -$40M | -$42M | -$19M | -$12M | -$675,000 |
| Capital spending | $478,000 | $942,000 | $2M | $3M | $6M | $10M | $8M | $10M | $8M |
| Free cash flow | -$18M | -$15M | -$34M | -$33M | -$46M | -$51M | -$27M | -$23M | -$9M |
| Stock-based compensation | $1M | $2M | $7M | $12M | $17M | $23M | $24M | $26M | $26M |
| Share buybacks (net) | $0 | -$73,000 | -$38,000 | — | — | — | — | — | — |
| Net borrowing | $39M | $0 | $0 | $0 | -$6M | $0 | $685,000 | -$46,000 | $0 |
| Free cash flow margin | -37.5% | -27.9% | -50.6% | -45.3% | -50.9% | -48.1% | -19.1% | -13.7% | -4.5% |
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Open SIBN in InvestinglyQuestions
What was SIBN's revenue in 2025?
$201M in fiscal 2025, from its 10-K filing.
How much free cash flow does SIBN generate?
-$9M in fiscal 2025 (operating cash flow minus capital spending).
From SIBN's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.