DIH Holding US, Inc.(DHAI)Earnings, Financials & Key Ratios
DHAI•NASDAQ
$0.03
$50711 mkt cap·Price updated May 7, 2026
AboutDIH Holding US, Inc. operates as a robotics and virtual reality technology provider in the rehabilitation and human performance industry. The company is based in Norwell, Massachusetts.Show more
- Revenue$63M-2.5%
- EBITDA-$4M-74.0%
- Net Income-$9M-2.8%
- EPS (Diluted)-6.07+24.1%
- Gross Margin51.24%+11.0%
- EBITDA Margin-6.4%-78.4%
- Operating Margin-7.74%-90.8%
- Net Margin-13.8%-5.4%
- Interest Coverage-15.34-306.8%
DHAI Key Insights
DIH Holding US, Inc. (DHAI) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Momentum leader: RS Rating 99 (top 1%)
- ✓Efficient asset utilization: 2.3x turnover
✗Weaknesses
- ✗Weak Piotroski F-Score: 3/9
- ✗Negative free cash flow
- ✗Low quality earnings: Net income not backed by cash flow
- ✗Shares diluted 35.5% in last year
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
DHAI Price & Volume
DIH Holding US, Inc. (DHAI) stock price & volume — 10-year historical chart
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DHAI Growth Metrics
DIH Holding US, Inc. (DHAI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years8.63%
TTM-4.16%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-78.92%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM24.06%
Return on Capital
10 Years-
5 Years-
3 Years-
Last Year-
DHAI Peer Comparison
DIH Holding US, Inc. (DHAI) competitors in Surgical tools, endoscopy, and robotics — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 MBOT | 143.05M | 2.13 | -2.92 | -37.06% | 0.03 | |||
 BWAY | 327.68M | 16.71 | 46.42 | 28.34% | 14.63% | 11.12% | 0.09 | |
 LFMD | 215.4M | 4.49 | -19.52 | -8.66% | -7.76% | -162.38% | 0.27 | |
 ENVA | 4.3B | 172.50 | 14.90 | 18.58% | 24.88% | 3.41 | ||
 NVAX | 1.5B | 9.23 | 3.63 | 64.69% | -14.73% | |||
 EKSO | 28.63M | 11.80 | -2.40 | -28.6% | -135.66% | -177.4% | 0.29 | |
 IRBT | 1.72M | 0.05 | -0.01 | -23.44% | -38.16% | -112.92% | 3.71 | |
 GKOS | 7.85B | 134.15 | -40.90 | 32.33% | -34.34% | -26.46% | 0.21 |
Compare DHAI vs Peers
DIH Holding US, Inc. (DHAI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
DHAI Income Statement
DIH Holding US, Inc. (DHAI) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 |
|---|---|---|---|---|---|
| Sales/Revenue | 47.52M | 49.04M | 55M | 64.47M | 62.86M |
| Revenue Growth % | - | 3.2% | 12.15% | 17.23% | -2.5% |
| Cost of Goods Sold | 19.29M | 24.26M | 20.46M | 34.7M | 30.65M |
| COGS % of Revenue | 40.6% | 49.48% | 37.19% | 53.82% | 48.76% |
| Gross Profit | 28.23M▲ 0% | 24.77M▼ 12.2% | 34.54M▲ 39.4% | 29.77M▼ 13.8% | 32.21M▲ 8.2% |
| Gross Margin % | 59.4% | 50.52% | 62.81% | 46.18% | 51.24% |
| Gross Profit Growth % | - | -12.23% | 39.43% | -13.81% | 8.21% |
| Operating Expenses | 38.72M | 35.23M | 34.76M | 32.38M | 37.08M |
| OpEx % of Revenue | 81.49% | 71.85% | 63.2% | 50.23% | 58.98% |
| Selling, General & Admin | 32.07M | 27.28M | 26.41M | 25.78M | 29.98M |
| SG&A % of Revenue | 67.5% | 55.62% | 48.03% | 39.98% | 47.69% |
| Research & Development | 6.69M | 7.96M | 8.35M | 6.61M | 7.1M |
| R&D % of Revenue | 14.08% | 16.22% | 15.17% | 10.25% | 11.29% |
| Other Operating Expenses | -42K | 0 | 0 | 0 | 0 |
| Operating Income | -10.54M▲ 0% | -10.46M▲ 0.7% | -218K▲ 97.9% | -2.61M▼ 1099.1% | -4.86M▼ 86.1% |
| Operating Margin % | -22.17% | -21.33% | -0.4% | -4.05% | -7.74% |
| Operating Income Growth % | - | 0.74% | 97.92% | -1099.08% | -86.08% |
| EBITDA | -9.63M | -9.12M | -15K | -2.31M | -4.02M |
| EBITDA Margin % | -20.27% | -18.6% | -0.03% | -3.59% | -6.4% |
| EBITDA Growth % | - | 5.32% | 99.84% | -15313.33% | -73.96% |
| D&A (Non-Cash Add-back) | 903K | 1.34M | 203K | 302K | 842K |
| EBIT | -10.54M | -9.21M | 449K | -6.5M | -7.95M |
| Net Interest Income | 346K | -517K | -780K | -693K | -317K |
| Interest Income | 346K | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 517K | 780K | 693K | 317K |
| Other Income/Expense | -304K | -899K | -113K | -4.58M | -3.4M |
| Pretax Income | -10.84M▲ 0% | -11.36M▼ 4.8% | -331K▲ 97.1% | -7.2M▼ 2074.3% | -8.27M▼ 14.9% |
| Pretax Margin % | -22.81% | -23.16% | -0.6% | -11.16% | -13.15% |
| Income Tax | 11K | 696K | 2.03M | 1.25M | 410K |
| Effective Tax Rate % | -0.1% | -6.13% | -613.29% | -17.31% | -4.96% |
| Net Income | -10.85M▲ 0% | -12.05M▼ 11.1% | -2.36M▲ 80.4% | -8.44M▼ 257.6% | -8.68M▼ 2.8% |
| Net Margin % | -22.84% | -24.58% | -4.29% | -13.1% | -13.8% |
| Net Income Growth % | - | -11.08% | 80.41% | -257.6% | -2.76% |
| Net Income (Continuing) | -10.85M | -12.05M | -2.36M | -8.44M | -8.68M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -8.25▲ 0% | -9.00▼ 9.1% | -1.02▲ 88.7% | -8.00▼ 688.2% | -6.07▲ 24.1% |
| EPS Growth % | - | -9.09% | 88.72% | -688.18% | 24.13% |
| EPS (Basic) | -8.25 | -9.00 | -1.02 | -8.00 | -6.07 |
| Diluted Shares Outstanding | 1.32M | 1.32M | 1M | 1.06M | 1.43M |
| Basic Shares Outstanding | 1.32M | 1.32M | 1M | 1.06M | 1.43M |
| Dividend Payout Ratio | - | - | - | - | - |
DHAI Balance Sheet
DIH Holding US, Inc. (DHAI) balance sheet — assets, liabilities & shareholders' equity
| Line item | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 |
|---|---|---|---|---|---|
| Total Current Assets | 33.67M | 25.43M | 23.3M | 27.06M | 21.16M |
| Cash & Short-Term Investments | 3.16M | 3.31M | 3.23M | 3.23M | 1.94M |
| Cash Only | 3.16M | 3.31M | 3.23M | 3.23M | 1.94M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 15.31M | 14.04M | 5.83M | 11.52M | 3.25M |
| Days Sales Outstanding | 117.64 | 104.53 | 38.7 | 65.22 | 18.86 |
| Inventory | 10.64M | 4.79M | 8.24M | 7.83M | 7.05M |
| Days Inventory Outstanding | 201.38 | 72.09 | 147.1 | 82.36 | 83.93 |
| Other Current Assets | 4.55M | 3.29M | 6M | 4.07M | 8.93M |
| Total Non-Current Assets | 5.11M | 8.59M | 12.43M | 8.68M | 5.59M |
| Property, Plant & Equipment | 1.87M | 5.72M | 5M | 5M | 4.36M |
| Fixed Asset Turnover | 25.36x | 8.58x | 11.01x | 12.90x | 14.43x |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 2.01M | 2.18M | 2.51M | 2.51M | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 1.22M | 695K | 4.93M | 1.17M | 1.23M |
| Total Assets | 38.78M▲ 0% | 34.02M▼ 12.3% | 35.73M▲ 5.0% | 35.73M▲ 0.0% | 26.75M▼ 25.1% |
| Asset Turnover | 1.23x | 1.44x | 1.54x | 1.80x | 2.35x |
| Asset Growth % | - | -12.27% | 5.04% | 0% | -25.14% |
| Total Current Liabilities | 42.99M | 48.84M | 44.95M | 44.95M | 42.86M |
| Accounts Payable | 5.2M | 3.58M | 4.3M | 4.3M | 3.36M |
| Days Payables Outstanding | 98.34 | 53.85 | 76.81 | 45.28 | 39.97 |
| Short-Term Debt | 14.03M | 17.08M | 1.57M | 0 | 3.12M |
| Deferred Revenue (Current) | 0 | 0 | 5.21M | 15.77M | 6.81M |
| Other Current Liabilities | 20.42M | 22.52M | 28.65M | 3.18M | 29.57M |
| Current Ratio | 0.78x | 0.52x | 0.52x | 0.60x | 0.49x |
| Quick Ratio | 0.54x | 0.42x | 0.33x | 0.43x | 0.33x |
| Cash Conversion Cycle | 220.69 | 122.76 | 108.99 | 102.29 | 62.83 |
| Total Non-Current Liabilities | 11.97M | 11.6M | 23.33M | 23.33M | 21.03M |
| Long-Term Debt | 3.06M | 1.71M | 11.46M | 11.46M | 8.84M |
| Capital Lease Obligations | 0 | 3.1M | 2.92M | 2.92M | 0 |
| Deferred Tax Liabilities | 0 | 0 | 112K | 112K | 221K |
| Other Non-Current Liabilities | 8.91M | 6.79M | 4.17M | 4.17M | 11.97M |
| Total Liabilities | 54.96M | 60.44M | 68.28M | 68.28M | 63.89M |
| Total Debt | 17.09M | 23.63M | 15.95M | 15.95M | 11.96M |
| Net Debt | 13.94M | 20.32M | 12.72M | 12.72M | 10.02M |
| Debt / Equity | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - |
| Interest Coverage | - | -20.23x | -0.28x | -3.77x | -15.34x |
| Total Equity | -16.18M▲ 0% | -26.42M▼ 63.2% | -32.55M▼ 23.2% | -32.55M▲ 0.0% | -37.13M▼ 14.1% |
| Equity Growth % | - | -63.25% | -23.18% | 0% | -14.1% |
| Book Value per Share | -12.23 | -19.97 | -32.55 | -30.84 | -25.96 |
| Total Shareholders' Equity | -16.18M | -26.42M | -32.55M | -32.55M | -37.13M |
| Common Stock | -18.9M | -30.5M | 3K | 0 | 0 |
| Retained Earnings | 0 | 0 | -35.21M | -35.21M | -43.89M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 2.71M | 4.08M | 50K | 50K | 1.48M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
DHAI Cash Flow Statement
DIH Holding US, Inc. (DHAI) cash flow — operating, investing & free cash flow history
| Line item | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 |
|---|---|---|---|---|---|
| Cash from Operations | -4.99M | -744K | 6.18M | 5.19M | -4.14M |
| Operating CF Margin % | -10.5% | -1.52% | 11.24% | 8.05% | -6.59% |
| Operating CF Growth % | - | 85.09% | 931.05% | -16.03% | -179.82% |
| Net Income | -10.85M | -12.05M | 4.34M | -8.44M | -8.68M |
| Depreciation & Amortization | 903K | 1.39M | 66K | 302K | 842K |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 0 | 55K | 0 | -304K | 0 |
| Other Non-Cash Items | -454K | 3.59M | -7.35M | 3.88M | 6.61M |
| Working Capital Changes | 5.41M | 6.28M | 9.13M | 9.76M | -2.92M |
| Change in Receivables | -888K | 3.46M | -483K | 2.87M | 2.2M |
| Change in Inventory | -2.38M | 3.19M | 244K | -3.26M | -242K |
| Change in Payables | 0 | -1.11M | 345K | 2.92M | -920K |
| Cash from Investing | -1.12M | -969K | -163K | -202K | -536K |
| Capital Expenditures | -755K | -969K | -145K | -202K | -536K |
| CapEx % of Revenue | 1.59% | 1.98% | 0.26% | 0.31% | 0.85% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - |
| Other Investing | -362K | 0 | -18K | 0 | 0 |
| Cash from Financing | 2.16M | 2.04M | -3.66M | -4.95M | 3.39M |
| Debt Issued (Net) | 3.37M | 2.04M | -4.05M | -5.84M | -518K |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 1000K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -1.22M | 0 | 394K | 899K | 0 |
| Net Change in Cash | -3.47M▲ 0% | 222K▲ 106.4% | 2.29M▲ 930.6% | 50K▼ 97.8% | -1.29M▼ 2672.0% |
| Free Cash Flow | -5.74M▲ 0% | -1.71M▲ 70.2% | 6.02M▲ 451.4% | 4.99M▼ 17.1% | -4.68M▼ 193.8% |
| FCF Margin % | -12.09% | -3.49% | 10.95% | 7.74% | -7.44% |
| FCF Growth % | - | 70.18% | 451.43% | -17.11% | -193.79% |
| FCF per Share | -4.34 | -1.29 | 6.02 | 4.73 | -3.27 |
| FCF Conversion (FCF/Net Income) | 0.46x | 0.06x | -2.62x | -0.61x | 0.48x |
| Interest Paid | 0 | 372K | 258K | 665K | 0 |
| Taxes Paid | 0 | 31K | 234K | 0 | 0 |
DHAI Key Ratios
DIH Holding US, Inc. (DHAI) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Gross Margin | 59.4% | 50.52% | 62.81% | 46.18% | 51.24% |
| Net Margin | -22.84% | -24.58% | -4.29% | -13.1% | -13.8% |
| Interest Coverage | - | -20.23x | -0.28x | -3.77x | -15.34x |
| FCF Conversion | 0.46x | 0.06x | -2.62x | -0.61x | 0.48x |
| Revenue Growth | - | 3.2% | 12.15% | 17.23% | -2.5% |
DHAI Frequently Asked Questions
DIH Holding US, Inc. (DHAI) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
DIH Holding US, Inc. (DHAI) reported $62.9M in revenue for fiscal year 2025. This represents a 32% increase from $47.5M in 2021.
DIH Holding US, Inc. (DHAI) saw revenue decline by 2.5% over the past year.
DIH Holding US, Inc. (DHAI) reported a net loss of $8.7M for fiscal year 2025.
Dividend & Returns
DIH Holding US, Inc. (DHAI) had negative free cash flow of $4.7M in fiscal year 2025, likely due to heavy capital investments.
Explore More DHAI
DIH Holding US, Inc. (DHAI) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
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Dividend History
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Earnings History
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Price History
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Revenue History
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Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
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