INPX · Inpixon - 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 | $27.70M | - | $2.48M | $600.0K | $484.0K | - | $918.0K | $1.03M | $220.0K | - |
| Cost of Revenue | $22.55M | - | $1.41M | $117.0K | $149.0K | - | $398.0K | $369.0K | $79.0K | - |
| Gross Profit | $5.15M | - | $1.08M | $483.0K | $335.0K | - | $520.0K | $662.0K | $141.0K | - |
| R&D | $1.20M | - | $1.99M | $1.95M | $1.71M | - | $1.23M | $1.15M | $464.0K | - |
| SG&A | $11.75M | - | $11.11M | $3.95M | $7.38M | - | $2.29M | $12.41M | $1.72M | - |
| Total Operating Expenses | $15.54M | - | $15.89M | $11.61M | $10.74M | - | $4.74M | $14.59M | $9.02M | - |
| D&A | $56.0K | - | - | - | $13.0K | - | - | - | - | - |
| Operating Income | ($10.39M) | - | ($14.81M) | ($11.13M) | ($10.40M) | - | ($4.22M) | ($13.93M) | ($8.88M) | - |
| Interest Expense | $200.0K | - | $222.0K | $0 | $400.0K | - | $400.0K | $200.0K | - | - |
| Income Tax | - | - | $1.0K | $9.0K | ($15.0K) | - | $0 | $12.0K | $4.0K | - |
| Net Income | ($35.27M) | - | ($13.45M) | ($20.86M) | ($12.87M) | - | ($4.43M) | ($14.71M) | ($2.60M) | - |
| EPS - Basic | ($1.00) | - | ($0.61) | ($2.93) | ($3.80) | - | ($0.13) | ($1.05) | ($0.50) | - |
| EPS - Diluted | ($1.00) | - | ($0.61) | ($2.93) | ($3.80) | - | ($0.13) | ($1.05) | ($0.50) | - |
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 | $15.19M | $16.70M | $32.20M | $20.05M | $8.01M | $4.11M | $511.0K | $5.78M | $1.80M | $6.25M |
| Accounts Receivable | $9.05M | $12.09M | $2.10M | $338.0K | $573.0K | $706.0K | $610.0K | $462.0K | $797.0K | $568.0K |
| Inventory | $19.41M | $15.40M | $1.43M | $2.49M | $2.32M | $2.21M | $2.73M | $2.75M | $2.88M | $2.42M |
| Accounts Payable | $3.41M | $5.21M | $2.56M | $2.69M | $3.87M | $5.49M | - | - | - | $2.45M |
| Current Assets | $50.34M | $51.82M | $36.68M | $24.21M | $12.53M | $8.58M | $10.13M | $15.17M | $11.55M | $20.50M |
| Total Assets | $78.34M | $81.25M | $47.93M | $35.45M | $27.13M | $24.29M | $29.28M | $34.04M | $30.78M | $23.77M |
| Current Liabilities | $90.95M | $47.60M | $35.58M | $21.84M | $12.52M | $17.42M | $22.04M | $23.04M | $16.65M | $16.90M |
| Long-term Debt | $10.57M | $450.0K | - | $65.0K | $65.0K | $65.0K | $65.0K | $65.0K | $65.0K | $18.55M |
| Total Liabilities | $91.97M | $50.80M | $35.73M | $22.08M | $12.79M | $17.72M | $22.42M | $23.47M | $17.12M | $17.04M |
| Stockholders' Equity | ($26.61M) | $17.74M | $10.45M | $12.40M | $13.93M | $6.57M | $6.87M | $10.57M | $13.66M | $6.34M |
| Retained Earnings | ($197.59M) | ($162.32M) | ($140.74M) | ($127.29M) | ($106.43M) | ($93.56M) | ($79.71M) | ($75.27M) | ($60.56M) | ($359.70M) |
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 | ($10.45M) | - | - | - | ($15.24M) | - | - | - | ($2.55M) | - |
| Investing Cash Flow | ($825.0K) | - | - | - | ($45.0K) | - | - | - | $2.96M | - |
| Financing Cash Flow | $9.51M | - | - | - | $19.17M | - | - | - | $1.39M | - |
| CapEx | $131.0K | - | - | - | $45.0K | - | - | - | $7.0K | - |
| Free Cash Flow | ($10.59M) | - | - | - | ($15.29M) | - | - | - | ($2.56M) | - |
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 | 18.6% | - | 43.4% | 80.5% | 69.2% | - | 56.6% | 64.2% | 64.1% | - |
| Operating margin | -37.5% | - | -596.2% | -1855.0% | -2149.2% | - | -459.3% | -1350.8% | -4035.0% | - |
| EBITDA margin | -37.3% | - | - | - | -2146.5% | - | - | - | - | - |
| Net margin | -127.3% | - | -541.3% | -3476.3% | -2659.5% | - | -483.1% | -1426.8% | -1182.7% | - |
| Free cash flow margin | -38.2% | - | - | - | -3158.5% | - | - | - | -1162.7% | - |
| FCF / Net income | 0.30 | - | - | - | 1.19 | - | - | - | 0.98 | - |
| R&D / Revenue | 4.3% | - | 79.9% | 325.0% | 354.1% | - | 133.8% | 111.3% | 210.9% | - |
| SG&A / Revenue | 42.4% | - | 447.1% | 658.0% | 1524.8% | - | 249.8% | 1203.9% | 780.5% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -45.0% | - | -28.1% | -58.8% | -47.5% | - | -15.1% | -43.2% | -8.5% | - |
| Return on equity | 132.6% | - | -128.6% | -168.1% | -92.4% | - | -64.6% | -139.1% | -19.0% | - |
| Return on invested capital | - | - | - | -70.5% | -58.7% | - | -48.1% | -103.4% | -51.1% | - |
| Liquidity | ||||||||||
| Current ratio | 0.55 | 1.09 | 1.03 | 1.11 | 1.00 | 0.49 | 0.46 | 0.66 | 0.69 | 1.21 |
| Quick ratio | 0.34 | 0.77 | 0.99 | 0.99 | 0.82 | 0.37 | 0.34 | 0.54 | 0.52 | 1.07 |
| Cash ratio | 0.17 | 0.35 | 0.90 | 0.92 | 0.64 | 0.24 | 0.02 | 0.25 | 0.11 | 0.37 |
| Leverage | ||||||||||
| Debt / Equity | -0.40 | 0.03 | - | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 | 2.93 |
| Debt / Assets | 0.13 | 0.01 | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.78 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -52.0x | - | -66.7x | - | -26.0x | - | -10.5x | -69.6x | - | - |
| Equity multiplier | -2.94 | 4.58 | 4.58 | 2.86 | 1.95 | 3.70 | 4.27 | 3.22 | 2.25 | 3.75 |
| Liabilities / Assets | 1.17 | 0.63 | 0.75 | 0.62 | 0.47 | 0.73 | 0.77 | 0.69 | 0.56 | 0.72 |
| Efficiency | ||||||||||
| Asset turnover | 0.35 | - | 0.05 | 0.02 | 0.02 | - | 0.03 | 0.03 | 0.01 | - |
| Inventory turnover | 1.16 | - | 0.98 | 0.05 | 0.06 | - | 0.15 | 0.13 | 0.03 | - |
| Days sales outstanding | 119d | - | 308d | 206d | 432d | - | 243d | 164d | 1322d | - |
| Days inventory outstanding | 314d | - | 372d | 7768d | 5678d | - | 2504d | 2722d | 13283d | - |
| Days payable outstanding | 55d | - | 664d | 8376d | 9470d | - | - | - | - | - |
| Cash conversion cycle | 378d | - | 15d | -403d | -3360d | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 5622.3% | - | 170.6% | -41.8% | 120.0% | - | -54.5% | -49.9% | -92.9% | - |
| Revenue CAGR (3y) | 107.4% | - | -15.9% | -49.7% | -54.8% | - | -40.9% | -33.2% | -57.9% | - |
| Revenue CAGR (5y) | 56.5% | - | -0.6% | -11.0% | -23.1% | - | -9.8% | -7.1% | -30.6% | - |
| Gross profit growth (YoY) | 1436.1% | - | 107.1% | -27.0% | 137.6% | - | -66.8% | -60.3% | -93.9% | - |
| Operating income growth (YoY) | 0.1% | - | -251.3% | 20.1% | -17.2% | - | 53.6% | -109.2% | -8.5% | - |
| Net income growth (YoY) | -174.0% | - | -203.2% | -41.8% | -394.7% | - | 57.3% | -111.2% | 84.6% | - |
| EPS growth (YoY) | 73.7% | - | -369.2% | -179.0% | -660.0% | - | 18.8% | -452.6% | 63.8% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 30.8% | - | - | - | -497.6% | - | - | - | 73.1% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | 169.8% | 52.3% | 17.3% | 1.9% | 3.7% | -32.6% | 25.8% | 77.8% | -80.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$22.49M totalUAS$22.49M · 100.0%
Product / service
$22.49M totalWholesale$15.35M · 68.2%
Direct Sales$4.42M · 19.7%
Retail$2.72M · 12.1%
Peer comparison
Same SIC group: Services-Computer Programming Services
Comparing INPIXON against the 5 most active filers in the same SIC group.