DUOT · Duos Technologies Group, 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 | $2.72M | - | $6.88M | $5.74M | $4.95M | - | $3.24M | $1.51M | $1.07M | - |
| Cost of Revenue | $1.11M | - | $4.36M | $4.22M | $3.64M | - | $2.32M | $1.73M | $976.0K | - |
| Gross Profit | $1.61M | - | $2.52M | $1.52M | $1.31M | - | $919.1K | ($214.6K) | $94.6K | - |
| R&D | - | - | $115.1K | $307.3K | $424.4K | - | $396.6K | $390.0K | $382.1K | - |
| SG&A | $4.75M | - | $3.26M | $4.23M | $2.38M | - | $1.97M | $1.90M | $1.92M | - |
| Total Operating Expenses | $5.24M | - | $3.63M | $4.96M | $3.10M | - | $2.84M | $3.00M | $2.86M | - |
| D&A | $101.9K | - | $105.6K | - | $158.2K | - | - | - | $158.2K | - |
| Operating Income | ($3.63M) | - | ($1.12M) | ($3.44M) | ($1.79M) | - | ($1.92M) | ($3.22M) | ($2.76M) | - |
| Interest Expense | - | - | $29.3K | $87.3K | $445 | - | $1.4K | $3.2K | $445 | - |
| Income Tax | - | - | - | - | - | - | - | - | - | - |
| Net Income | ($3.49M) | - | ($1.04M) | ($3.52M) | ($2.08M) | - | ($1.40M) | ($3.20M) | ($2.75M) | - |
| EPS - Basic | ($0.15) | - | ($0.06) | ($0.30) | ($0.18) | - | ($0.18) | ($0.43) | ($0.38) | - |
| EPS - Diluted | ($0.15) | - | ($0.06) | ($0.30) | ($0.18) | - | ($0.18) | ($0.43) | ($0.38) | - |
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 | $33.03M | $15.47M | $33.20M | $1.47M | $3.80M | $6.27M | $613.6K | $506.1K | $2.98M | $2.44M |
| Accounts Receivable | $2.54M | $730.2K | $136.3K | $227.8K | $215.1K | $403.4K | $1.60M | $128.8K | $596.1K | $1.46M |
| Inventory | $306.8K | $306.8K | $503.8K | $509.5K | $520.1K | $605.4K | $1.03M | $1.06M | $1.50M | $1.53M |
| Accounts Payable | $4.45M | $4.86M | $888.8K | $889.3K | $698.5K | $969.8K | $1.73M | $849.5K | $179.9K | $595.6K |
| Current Assets | $41.35M | $23.08M | $37.24M | $4.78M | $7.46M | $8.09M | $4.35M | $3.43M | $6.39M | $6.26M |
| Total Assets | $122.92M | $63.41M | $69.79M | $31.13M | $34.09M | $34.96M | $22.02M | $21.21M | $12.74M | $12.84M |
| Current Liabilities | $12.17M | $11.09M | $9.67M | $13.07M | $13.97M | $16.09M | $5.96M | $5.81M | $3.08M | $3.25M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $16.04M | $14.86M | $20.29M | $26.40M | $28.94M | $32.70M | $19.51M | $18.36M | $7.22M | $7.48M |
| Stockholders' Equity | $106.88M | $48.55M | $49.50M | $4.73M | $5.15M | $2.26M | $2.51M | $2.85M | $5.52M | $5.37M |
| Retained Earnings | ($87.70M) | ($84.20M) | ($81.01M) | ($79.97M) | ($76.45M) | ($74.37M) | ($70.96M) | ($69.56M) | ($66.36M) | ($63.60M) |
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 | ($1.36M) | - | - | - | ($4.67M) | - | - | - | ($2.03M) | - |
| Investing Cash Flow | ($41.19M) | - | - | - | ($581.6K) | - | - | - | ($9.8K) | - |
| Financing Cash Flow | $60.11M | - | - | - | $2.79M | - | - | - | $2.58M | - |
| CapEx | - | - | - | - | $572.4K | - | - | - | $8.8K | - |
| Free Cash Flow | - | - | - | - | ($5.25M) | - | - | - | ($2.04M) | - |
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 | 59.2% | - | 36.6% | 26.5% | 26.5% | - | 28.4% | -14.2% | 8.8% | - |
| Operating margin | -133.4% | - | -16.2% | -60.0% | -36.1% | - | -59.3% | -212.9% | -257.9% | - |
| EBITDA margin | -129.7% | - | -14.7% | - | -32.9% | - | - | - | -243.1% | - |
| Net margin | -128.3% | - | -15.1% | -61.3% | -42.0% | - | -43.3% | -212.1% | -257.1% | - |
| Free cash flow margin | - | - | - | - | -105.9% | - | - | - | -190.7% | - |
| FCF / Net income | - | - | - | - | 2.52 | - | - | - | 0.74 | - |
| R&D / Revenue | - | - | 1.7% | 5.4% | 8.6% | - | 12.2% | 25.8% | 35.7% | - |
| SG&A / Revenue | 174.6% | - | 47.5% | 73.8% | 48.1% | - | 60.9% | 125.7% | 179.3% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -2.8% | - | -1.5% | -11.3% | -6.1% | - | -6.4% | -15.1% | -21.6% | - |
| Return on equity | -3.3% | - | -2.1% | -74.3% | -40.4% | - | -55.8% | -112.3% | -49.9% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 3.40 | 2.08 | 3.85 | 0.37 | 0.53 | 0.50 | 0.73 | 0.59 | 2.07 | 1.93 |
| Quick ratio | 3.37 | 2.05 | 3.80 | 0.33 | 0.50 | 0.47 | 0.56 | 0.41 | 1.59 | 1.46 |
| Cash ratio | 2.71 | 1.39 | 3.43 | 0.11 | 0.27 | 0.39 | 0.10 | 0.09 | 0.97 | 0.75 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | -38.0x | -39.4x | -4021.6x | - | -1365.8x | -995.8x | -6204.6x | - |
| Equity multiplier | 1.15 | 1.31 | 1.41 | 6.58 | 6.62 | 15.46 | 8.77 | 7.43 | 2.31 | 2.39 |
| Liabilities / Assets | 0.13 | 0.23 | 0.29 | 0.85 | 0.85 | 0.94 | 0.89 | 0.87 | 0.57 | 0.58 |
| Efficiency | ||||||||||
| Asset turnover | 0.02 | - | 0.10 | 0.18 | 0.15 | - | 0.15 | 0.07 | 0.08 | - |
| Inventory turnover | 3.62 | - | 8.66 | 8.28 | 7.00 | - | 2.26 | 1.63 | 0.65 | - |
| Days sales outstanding | 340d | - | 7d | 14d | 16d | - | 180d | 31d | 203d | - |
| Days inventory outstanding | 101d | - | 42d | 44d | 52d | - | 162d | 224d | 562d | - |
| Days payable outstanding | 1460d | - | 74d | 77d | 70d | - | 272d | 180d | 67d | - |
| Cash conversion cycle | -1019d | - | -25d | -18d | -2d | - | 70d | 76d | 698d | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | 1.5x | - | 2.6x | 17.9x | 12.5x | - | 9.2x | 7.5x | 5.7x | - |
| P / S | 59.5x | - | 18.5x | 14.8x | 13.0x | - | 7.2x | 14.1x | 29.6x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -45.0% | - | 112.3% | 279.7% | 362.5% | - | 111.6% | -14.7% | -59.5% | - |
| Revenue CAGR (3y) | 1.0% | - | 19.6% | 16.6% | 51.0% | - | 23.0% | 32.5% | -20.8% | - |
| Revenue CAGR (5y) | 4.8% | - | 39.9% | 23.7% | 38.0% | - | 8.1% | 2.3% | - | - |
| Gross profit growth (YoY) | 22.6% | - | 173.8% | - | 1288.2% | - | 305.6% | - | -82.4% | - |
| Operating income growth (YoY) | -102.9% | - | 41.9% | -7.0% | 35.2% | - | 35.4% | -2.2% | -28.6% | - |
| Net income growth (YoY) | -67.9% | - | 25.8% | -9.8% | 24.4% | - | 52.4% | -7.2% | -28.4% | - |
| EPS growth (YoY) | 16.7% | - | 66.7% | 30.2% | 52.6% | - | 56.1% | -2.4% | -26.7% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | -157.0% | - | - | - | -4081.4% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 1974.5% | 2047.1% | 1870.2% | 65.9% | -6.7% | -57.9% | -55.7% | -15.7% | -3.4% | 32.5% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$76.40M totalConsolidated$27.02M · 35.4%
Asset Management$22.36M · 29.3%
Asset Management Services$22.36M · 29.3%
Technologies$4.26M · 5.6%
Technology Solutions$349.2K · 0.5%
Data Center Hosting And Related Services$56.0K · 0.1%
Product / service
$31.29M totalServices And Consulting Related Parties$22.36M · 71.5%
Maintenance And Support$3.89M · 12.4%
Services And Consulting$3.89M · 12.4%
Turnkey Projects$373.3K · 1.2%
Technology Service$373.3K · 1.2%
Technology Solutions$349.2K · 1.1%
Hosting Revenue$56.0K · 0.2%
Geographic
$4.26M totalNorth America$4.26M · 100.0%
Peer comparison
Same SIC group: Services-Prepackaged Software
Comparing DUOS TECHNOLOGIES GROUP against the 5 most active filers in the same SIC group.