TRON (TRON) financial statements
TRON reported revenue of $5M in fiscal 2025, down 7.9% a year over 3 years.
Net income was -$17M and the operating margin -53.1%, against 5.9% in 2022.
The diluted share count rose 1479% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from TRON's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | $6M | $6M | $4M | $5M |
| Cost of revenue | $5M | $4M | $3M | $4M |
| Gross profit | $1M | $1M | $855,231 | $1M |
| Selling, general and admin | $872,914 | $3M | $5M | $4M |
| Operating income | $357,985 | -$2M | -$4M | -$3M |
| Interest expense | $30,052 | $55,847 | $32,169 | $30,106 |
| Pre-tax income | — | — | -$4M | -$17M |
| Net income | $328,701 | -$2M | -$4M | -$17M |
| EPS (diluted) | $0.05 | -$0.27 | -$0.37 | -$0.16 |
| Diluted shares | 6M | 8M | 12M | 103M |
| Gross margin | 20.3% | 22.9% | 19.8% | 25.3% |
| Operating margin | 5.9% | -35.4% | -100.5% | -53.1% |
| Net margin | 5.4% | -35.7% | -100.6% | -354.6% |
Balance sheet
Fiscal years, from TRON's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Cash and short-term investments | $453,516 | $3M | $1M | $10M |
| Receivables | $621,090 | $707,035 | $794,158 | $671,779 |
| Inventory | $290,200 | $307,005 | $783,800 | $704,171 |
| Total current assets | $2M | $4M | $3M | $12M |
| Property, plant and equipment | $9,333 | $45,462 | $48,279 | $71,877 |
| Total assets | $2M | $5M | $6M | $211M |
| Total current liabilities | $11,927 | — | $1M | $652,748 |
| Total liabilities | $2M | $418,876 | $1M | $1M |
| Shareholders' equity | -$2,594 | $4M | $5M | $210M |
| Net debt | -$453,516 | -$3M | -$1M | -$10M |
Cash flow
Fiscal years, from TRON's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Operating cash flow | -$29,925 | -$766,877 | -$3M | -$1M |
| Stock-based compensation | — | $1M | $1M | $28,145 |
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What was TRON's revenue in 2025?
$5M in fiscal 2025, from its 10-K filing.
From TRON's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.