WTF (WTF) financial statements
WTF reported revenue of $11M in fiscal 2026, up 24.5% a year over 3 years.
Net income was -$15M and the operating margin -131.1%, against 53.4% in 2023.
Free cash flow was -$7M.
The diluted share count rose 39% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from WTF's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Revenue | $6M | $10M | $7M | $11M |
| Research and development | $0 | $0 | $427,672 | $726,299 |
| Operating income | $3M | $3M | -$11M | -$15M |
| Pre-tax income | $4M | $3M | -$12M | -$15M |
| Income tax | $714,861 | $439,934 | $153,428 | $0 |
| Net income | $3M | $2M | -$12M | -$15M |
| EPS (diluted) | $0.09 | $0.04 | -$0.29 | -$0.31 |
| Diluted shares | 35M | 63M | 42M | 48M |
| Operating margin | 53.4% | 29.3% | -143.0% | -131.1% |
| Net margin | 53.7% | 24.8% | -160.7% | -136.7% |
Balance sheet
Fiscal years, from WTF's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Cash and short-term investments | $19M | $5M | $8M | $10M |
| Total current assets | — | $26M | $25M | $50M |
| Property, plant and equipment | — | $211,021 | $123,297 | $294,096 |
| Total assets | — | $33M | $31M | $55M |
| Total current liabilities | — | $21M | $18M | $32M |
| Total liabilities | — | $22M | $18M | $33M |
| Shareholders' equity | $14M | $11M | $13M | $22M |
| Net debt | -$19M | -$5M | -$8M | -$10M |
Cash flow
Fiscal years, from WTF's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Operating cash flow | $12M | -$2M | $359,965 | -$7M |
| Capital spending | $4,978 | $262,091 | $13,744 | $323,574 |
| Free cash flow | $12M | -$2M | $346,221 | -$7M |
| Stock-based compensation | $379,867 | $0 | $9M | $7M |
| Share buybacks (net) | $0 | -$6M | $0 | $0 |
| Free cash flow margin | 208.5% | -21.0% | 4.6% | -66.6% |
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Open WTF in InvestinglyQuestions
What was WTF's revenue in 2026?
$11M in fiscal 2026, from its 10-K filing.
How much free cash flow does WTF generate?
-$7M in fiscal 2026 (operating cash flow minus capital spending).
From WTF's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.