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Home›NAGE›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

Niagen Bioscience, Inc. (NAGE) financials

Income statement

Niagen Bioscience, Inc. (NAGE) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue—$21.2M$31.6M$46.3M$59.3M$67.4M$72.0M$83.6M$99.6M$129M
Revenue growth——48.8%46.7%28.0%13.8%6.8%16.0%19.2%29.9%
Gross profit$7.53M$10.5M$16.1M$25.8M$35.3M$41.5M$42.8M$50.8M$61.6M$83.2M
Gross margin—49.4%50.9%55.7%59.5%61.5%59.4%60.8%61.8%64.3%
Operating income-$2.07M-$16.4M-$33.2M-$31.3M-$19.9M-$27.1M-$18.6M-$5.60M$7.73M$16.3M
Operating margin—-77.2%-105.1%-67.6%-33.5%-40.1%-25.9%-6.7%7.8%12.6%
Net income-$2.77M-$11.4M-$33.3M-$32.1M-$19.9M-$27.1M-$16.5M-$4.94M$8.55M$17.4M
Net margin—-53.7%-105.6%-69.4%-33.6%-40.2%-23.0%-5.9%8.6%13.4%
EPS (diluted)-$0.08-$0.26-$0.61-$0.56-$0.33-$0.40-$0.24-$0.07$0.11$0.20

Cash flow

Niagen Bioscience, Inc. (NAGE) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow-$2.11M-$9.80M-$20.9M-$20.4M-$10.6M-$24.2M-$15.1M$7.12M$12.1M$13.5M
Capital expenditures$525K$1.17M$1.32M$743K——————
Free cash flow-$2.64M-$11.0M-$22.2M-$21.2M——————
Share buybacks—$0.00$404K—————$0.00$251K

Balance sheet

Niagen Bioscience, Inc. (NAGE) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents——$22.6M$18.8M$16.7M$28.2M$20.4M$27.3M$44.7M$64.8M
Total assets$19.8M$62.7M$42.2M$40.2M$38.4M$57.8M$54.1M$55.0M$68.3M$106M
Total liabilities$9.78M$8.89M$15.1M$19.8M$21.9M$26.1M$25.4M$26.5M$22.2M$29.9M
Long-term debt$3.35M—————————
Shareholders' equity$9.97M$53.8M$27.2M$20.4M$16.4M$31.7M$28.7M$28.5M$46.1M$76.5M
Retained earnings-$45.2M-$56.6M-$89.8M-$122M-$142M-$169M-$185M-$190M-$182M-$165M
Shares (wtd avg diluted)35.9M54.7M55.1B59.6M61.1M67.2M69.7M75.0M78.1M85.4M

Every figure is extracted from Niagen Bioscience, Inc.’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.

Common questions

What is Niagen Bioscience, Inc.'s annual revenue?
Niagen Bioscience, Inc. (NAGE) reported $129M of revenue for fiscal year 2025 — up 29.9% from $99.6M in FY2024, per its annual report filed with the SEC.
Is Niagen Bioscience, Inc. profitable?
Yes — NAGE earned $17.4M of net income in FY2025, a 13.4% net margin, per SEC filings.
Does NAGE pay a dividend?
Niagen Bioscience, Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full NAGE analysis — verdict, score & filings →Is NAGE a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.