Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $76.4M | $12.6M | $9.03M | $5.58M | $4.85M | $3.72M | $6.08M | $21.9M | $16.6M | $11.2M |
| Revenue growth | — | -83.5% | -28.3% | -38.2% | -13.1% | -23.3% | 63.4% | 260.5% | -24.2% | -32.7% |
| Gross profit | $22.3M | $3.15M | $1.68M | $1.85M | $2.25M | $1.70M | $2.66M | $5.96M | — | — |
| Gross margin | 29.2% | 25.0% | 18.6% | 33.2% | 46.4% | 45.6% | 43.8% | 27.2% | — | — |
| Operating income | -$63.8M | -$18.1M | -$12.6M | -$6.02M | -$5.96M | -$19.7M | -$158M | -$30.0M | -$21.4M | -$22.0M |
| Operating margin | -83.5% | -143.4% | -139.8% | -108.0% | -123.0% | -530.1% | -2594.3% | -136.9% | -128.9% | -196.8% |
| Net income | -$68.5M | -$26.2M | -$26.2M | -$4.28M | -$5.78M | -$17.3M | -$193M | -$23.3M | -$9.47M | -$21.5M |
| Net margin | -89.6% | -207.8% | -290.2% | -76.7% | -119.2% | -464.8% | -3172.6% | -106.5% | -57.0% | -192.1% |
| EPS (diluted) | -$34.42 | -$42.08 | -$15.80 | -$1.59 | -$0.98 | -$0.58 | -$20.36 | -$1.93 | -$4.78 | -$7.37 |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$17.5M | -$8.96M | -$7.62M | -$1.81M | -$2.58M | -$28.5M | -$30.8M | -$6.58M | -$4.58M | -$16.1M |
| Capital expenditures | $237K | $123K | $56.0K | $0.00 | $0.00 | $102M | $17.6M | $1.56M | $8.94M | $7.50M |
| Free cash flow | -$17.7M | -$9.09M | -$7.68M | -$1.81M | -$2.58M | -$131M | -$48.4M | -$8.14M | -$13.5M | -$23.6M |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $5.06M | $600K | $341K | $149K | $461K | $54.4M | $1.34M | $586K | $5.42M | $3.71M |
| Total assets | $92.6M | $83.3M | $11.3M | $8.41M | $11.8M | $276M | $83.0M | $45.7M | $43.2M | $25.1M |
| Total liabilities | $72.1M | $72.8M | $16.9M | $7.17M | $6.82M | $6.30M | $12.0M | $5.35M | — | — |
| Shareholders' equity | $20.4M | $10.5M | -$5.61M | $1.24M | $5.01M | $227M | $34.9M | $26.5M | $39.3M | $23.3M |
| Retained earnings | -$135M | -$161M | -$187M | -$192M | -$197M | -$215M | -$420M | -$447M | -$457M | -$478M |
| Shares (wtd avg diluted) | 1.99M | 622K | 1.66M | 2.69M | 7.87M | 30.9M | 9.47M | 12.1M | 1.98M | 2.91M |
Every figure is extracted from Sphere 3D Corp.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
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