STXS (STXS) financial statements
STXS reported revenue of $32M in fiscal 2025, up 0.1% a year over 9 years.
Net income was -$22M and the operating margin -68.3%, against -20.0% in 2016.
Free cash flow was -$14M.
The diluted share count rose 317% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from STXS's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $32M | $31M | $29M | $29M | $27M | $35M | $28M | $27M | $27M | $32M |
| Cost of revenue | $8M | $11M | $6M | $6M | $8M | $12M | $10M | $12M | $12M | $15M |
| Gross profit | $25M | $20M | $24M | $23M | $19M | $23M | $18M | $15M | $15M | $17M |
| Research and development | $5M | $7M | $8M | $9M | $8M | $10M | $11M | $10M | $10M | $9M |
| Selling, general and admin | $26M | $20M | $18M | $19M | $18M | $26M | $27M | $26M | $30M | $30M |
| Operating income | -$6M | -$6M | -$2M | -$5M | -$7M | -$13M | -$19M | -$22M | -$25M | -$22M |
| Interest expense | $2M | $179,844 | $16,566 | — | — | — | — | — | — | — |
| Net income | -$5M | -$6M | $116,756 | -$5M | -$7M | -$11M | -$18M | -$21M | -$24M | -$22M |
| EPS (diluted) | -$0.54 | -$0.32 | -$0.03 | -$0.10 | -$0.11 | -$0.16 | -$0.26 | -$0.27 | -$0.30 | -$0.25 |
| Diluted shares | 22M | 23M | 52M | 63M | 73M | 76M | 76M | 81M | 85M | 91M |
| Gross margin | 76.6% | 65.5% | 80.5% | 78.8% | 71.2% | 66.3% | 65.6% | 55.5% | 54.2% | 52.7% |
| Operating margin | -20.0% | -19.0% | -8.4% | -16.7% | -25.2% | -36.8% | -66.7% | -81.6% | -91.9% | -68.3% |
| Net margin | -16.4% | -18.9% | 0.4% | -15.9% | -25.0% | -30.6% | -65.0% | -77.4% | -89.3% | -66.8% |
Balance sheet
Fiscal years, from STXS's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $9M | $4M | $11M | $30M | $44M | $39M | $28M | $20M | $12M | $13M |
| Receivables | $5M | $4M | $5M | $5M | $4M | $5M | $5M | $4M | $4M | $6M |
| Inventory | $5M | $1M | $1M | $2M | $3M | $4M | $8M | $8M | $8M | $10M |
| Total current assets | $19M | $10M | $18M | $39M | $53M | $51M | $43M | $33M | $26M | $34M |
| Property, plant and equipment | $1M | $592,688 | $343,693 | $250,443 | $195,129 | $3M | $4M | $3M | $4M | $3M |
| Goodwill | — | — | — | — | — | — | — | — | $4M | $4M |
| Total assets | $21M | $11M | $19M | $44M | $55M | $61M | $53M | $42M | $47M | $52M |
| Total current liabilities | $36M | $30M | $10M | $12M | $14M | $13M | $14M | $13M | $22M | $22M |
| Long-term debt | — | — | — | — | $973,252 | — | — | — | — | — |
| Total liabilities | $36M | $31M | $11M | $15M | $15M | $22M | $21M | $20M | $35M | $34M |
| Shareholders' equity | -$21M | -$27M | $1M | $23M | $35M | $34M | $26M | $16M | $6M | $13M |
| Net debt | -$9M | -$4M | -$11M | -$30M | -$43M | -$39M | -$9M | -$20M | -$12M | -$13M |
Cash flow
Fiscal years, from STXS's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$7M | -$5M | -$3M | -$5M | -$4M | -$3M | -$8M | -$9M | -$8M | -$14M |
| Capital spending | $410,184 | $81,577 | $265,482 | $29,486 | $70,896 | $1M | $2M | $366,000 | $34,000 | $93,000 |
| Free cash flow | -$7M | -$5M | -$3M | -$5M | -$4M | -$4M | -$11M | -$10M | -$9M | -$14M |
| Stock-based compensation | $1M | $768,682 | $560,973 | $1M | $3M | $9M | $11M | $11M | $10M | $10M |
| Dividends paid | $0 | $0 | — | — | $0 | $0 | $0 | $0 | $0 | $0 |
| Free cash flow margin | -21.7% | -15.3% | -9.6% | -16.1% | -13.5% | -12.4% | -38.3% | -35.5% | -31.7% | -42.6% |
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Open STXS in InvestinglyQuestions
What was STXS's revenue in 2025?
$32M in fiscal 2025, from its 10-K filing.
How much free cash flow does STXS generate?
-$14M in fiscal 2025 (operating cash flow minus capital spending).
From STXS's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.