BURU · Nuburu, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $407.6K | - | $0 | $0 | $0 | - | $0 | $49.3K | $93.5K | - |
| Cost of Revenue | $652.8K | - | - | - | $235.7K | - | $359.9K | $733.7K | $857.0K | - |
| Gross Profit | ($245.1K) | - | $49.8K | $4.5K | ($235.7K) | - | ($359.9K) | ($684.4K) | ($763.4K) | - |
| R&D | $67.5K | - | $0 | $0 | $184.6K | - | $206.5K | $683.4K | $766.5K | - |
| SG&A | $5.61M | - | $1.88M | $4.10M | $2.08M | - | $1.94M | $2.11M | $2.89M | - |
| Total Operating Expenses | $7.66M | - | $2.67M | $4.62M | $2.81M | - | $2.26M | $2.72M | $4.00M | - |
| D&A | $112.2K | - | $0 | $0 | $446.4K | - | $206.7K | $132.6K | $256.9K | - |
| Operating Income | ($7.90M) | - | ($2.62M) | ($4.62M) | ($3.04M) | - | ($2.62M) | ($3.41M) | ($4.76M) | - |
| Interest Expense | $71.2K | - | $35.4K | $161.0K | $193.5K | - | $929.0K | $941.6K | $950.9K | - |
| Income Tax | $0 | - | $0 | $0 | $0 | - | $0 | $0 | $0 | - |
| Net Income | ($459.9K) | - | ($22.42M) | ($12.22M) | ($14.02M) | - | ($4.38M) | ($12.69M) | ($5.70M) | - |
| EPS - Basic | ($0.01) | - | ($1.00) | ($0.90) | ($1.00) | - | ($5.60) | ($38.00) | ($30.00) | - |
| EPS - Diluted | ($0.01) | - | ($1.00) | ($0.90) | ($1.00) | - | ($5.60) | ($38.00) | ($30.00) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $8.27M | $24.66M | $5.94M | $111.1K | $70.9K | $209.3K | $232.1K | $117.2K | $231.9K | $2.15M |
| Accounts Receivable | $201.6K | $0 | $0 | $0 | $0 | $0 | $54.6K | $73.3K | $132.6K | $482.3K |
| Inventory | $293.5K | - | $0 | $0 | - | $1.53M | $1.53M | $1.53M | $1.61M | $1.46M |
| Accounts Payable | $2.64M | $2.13M | $3.89M | $5.13M | $6.21M | $6.30M | $5.96M | $5.68M | $5.71M | $4.74M |
| Current Assets | $35.69M | $45.78M | $11.14M | $1.73M | $1.05M | $1.90M | $2.34M | $2.61M | $2.04M | $4.29M |
| Total Assets | $76.15M | $49.82M | $13.15M | $2.48M | $1.31M | $6.97M | $7.81M | $8.39M | $7.97M | $10.57M |
| Current Liabilities | $63.38M | $61.40M | $41.88M | $43.91M | $38.30M | $20.79M | $15.67M | $13.50M | $12.44M | $10.03M |
| Long-term Debt | $39.78M | $25.46M | - | - | - | $9.24M | $8.74M | $7.81M | $9.80M | $8.86M |
| Total Liabilities | $73.05M | $65.00M | $67.01M | $47.23M | $38.30M | $20.92M | $20.27M | $19.34M | $21.51M | $19.22M |
| Stockholders' Equity | $2.17M | ($15.18M) | ($53.86M) | ($44.75M) | ($36.99M) | ($37.84M) | ($36.34M) | ($10.95M) | ($13.54M) | ($8.65M) |
| Retained Earnings | ($200.94M) | ($200.48M) | ($172.67M) | ($150.24M) | ($135.43M) | ($131.81M) | ($120.05M) | ($100.29M) | ($87.60M) | ($81.90M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($9.11M) | - | - | - | ($1.93M) | - | - | - | ($2.09M) | - |
| Investing Cash Flow | ($19.37M) | - | - | - | ($750.0K) | - | - | - | - | - |
| Financing Cash Flow | $12.08M | - | - | - | $2.54M | - | - | - | $176.6K | - |
| CapEx | - | - | - | - | $600.0K | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | ($2.53M) | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | -60.1% | - | - | - | - | - | - | -1389.0% | -816.1% | - |
| Operating margin | -1939.1% | - | - | - | - | - | - | -6911.4% | -5093.4% | - |
| EBITDA margin | -1911.6% | - | - | - | - | - | - | -6642.2% | -4818.8% | - |
| Net margin | -112.8% | - | - | - | - | - | - | -25746.6% | -6093.8% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | 0.18 | - | - | - | - | - |
| R&D / Revenue | 16.6% | - | - | - | - | - | - | 1386.8% | 819.4% | - |
| SG&A / Revenue | 1377.4% | - | - | - | - | - | - | 4283.9% | 3088.6% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -0.6% | - | -170.5% | -493.1% | -1069.0% | - | -56.0% | -151.3% | -71.5% | - |
| Return on equity | -21.2% | - | 41.6% | 27.3% | 37.9% | - | 12.0% | 115.8% | 42.1% | - |
| Return on invested capital | -14.9% | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.56 | 0.75 | 0.27 | 0.04 | 0.03 | 0.09 | 0.15 | 0.19 | 0.16 | 0.43 |
| Quick ratio | 0.56 | 0.75 | 0.27 | 0.04 | 0.03 | 0.02 | 0.05 | 0.08 | 0.03 | 0.28 |
| Cash ratio | 0.13 | 0.40 | 0.14 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.02 | 0.21 |
| Leverage | ||||||||||
| Debt / Equity | 18.31 | -1.68 | - | - | - | -0.24 | -0.24 | -0.71 | -0.72 | -1.02 |
| Debt / Assets | 0.52 | 0.51 | - | - | - | 1.33 | 1.12 | 0.93 | 1.23 | 0.84 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -111.0x | - | -74.1x | -28.7x | -15.7x | - | -2.8x | -3.6x | -5.0x | - |
| Equity multiplier | 35.05 | -3.28 | -0.24 | -0.06 | -0.04 | -0.18 | -0.21 | -0.77 | -0.59 | -1.22 |
| Liabilities / Assets | 0.96 | 1.30 | 5.10 | 19.05 | 29.20 | 3.00 | 2.59 | 2.31 | 2.70 | 1.82 |
| Efficiency | ||||||||||
| Asset turnover | 0.01 | - | 0.00 | 0.00 | 0.00 | - | 0.00 | 0.01 | 0.01 | - |
| Inventory turnover | 2.22 | - | - | - | - | - | 0.24 | 0.48 | 0.53 | - |
| Days sales outstanding | 180d | - | - | - | - | - | - | 543d | 517d | - |
| Days inventory outstanding | 164d | - | - | - | - | - | 1548d | 759d | 687d | - |
| Days payable outstanding | 1479d | - | - | - | 9611d | - | 6046d | 2823d | 2433d | - |
| Cash conversion cycle | -1134d | - | - | - | - | - | - | -1521d | -1228d | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | 9.6x | - | - | - | - | - | - | - | - | - |
| P / S | 51.3x | - | - | - | - | - | - | 237.2x | 11128.1x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | -100.0% | -100.0% | - | -100.0% | 4.0% | -80.1% | - |
| Revenue CAGR (3y) | -4.6% | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | -4.0% | - | - | - | 69.1% | - | 62.7% | 52.2% | -64.2% | - |
| Operating income growth (YoY) | -159.8% | - | -0.1% | -35.6% | 36.1% | - | 49.0% | 47.1% | 10.1% | - |
| Net income growth (YoY) | 96.7% | - | -412.2% | 3.6% | -145.9% | - | 13.9% | -107.8% | -19.6% | - |
| EPS growth (YoY) | 99.0% | - | 82.1% | 97.6% | 96.7% | - | -688.7% | -5252.1% | -6718.2% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | 59.9% | -48.2% | -308.6% | -173.1% | -337.3% | -707.9% | -66687.4% | - | 54.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2024-12-31.
Geographic
$152.1K totalEurope$118.7K · 78.0%
US$24.3K · 16.0%
Asia$9.1K · 6.0%
Peer comparison
Same SIC group: Miscellaneous Electrical Machinery, Equipment & Supplies
Comparing Nuburu against the 5 most active filers in the same SIC group.