8-K Announcements
6Material company update
Mar 23, 2026·SEC
Material company update
Feb 11, 2026·SEC
Material company update
Feb 9, 2026·SEC
Empery Digital Inc.(EMPD)Earnings, Financials & Key Ratios
EMPD•NASDAQ
Price updated Jun 19, 2026
SectorConsumer CyclicalIndustryRecreational VehiclesSub-IndustryEmerging Electric Mobility Platforms
AboutEmpery Digital Inc., previously known as Volcon, Inc., is based in Round Rock, Texas, and originally specialized in electric off-road vehicles such as e-bikes, utility vehicles, and golf carts. In July 2025, the company rebranded as Empery Digital to focus on bitcoin treasury strategy while maintaining its power sports business under the Empery Mobility brand.Show more
- Revenue$975K-75.9%
- EBITDA-$30M-14.7%
- Net Income-$150M-229.7%
- EPS (Diluted)-8.12+99.3%
- Gross Margin-42.31%+87.9%
- EBITDA Margin-3087.5%-374.8%
- Operating Margin-3161.23%-372.4%
- Net Margin-15390.36%-1265.3%
- ROE-111.46%+99.9%
EMPD Key Insights
Empery Digital Inc. (EMPD) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Trading at only 0.3x book value
✗Weaknesses
- ✗Weak Piotroski F-Score: 3/9
- ✗Negative free cash flow
- ✗Weak momentum: RS Rating 20 (bottom 20%)
- ✗Low quality earnings: Net income not backed by cash flow
- ✗Shares diluted 100.0% 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.
Get notified when EMPD posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
EMPD Price & Volume
Empery Digital Inc. (EMPD) stock price & volume — 10-year historical chart
Loading chart...
EMPD Growth Metrics
Empery Digital Inc. (EMPD) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-40.15%
TTM-87.58%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-962.81%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM99.04%
Return on Capital
10 Years-640.7%
5 Years-640.7%
3 Years-692.97%
Last Year-19.17%
EMPD Recent Earnings
Empery Digital Inc. (EMPD) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 1/7 qtrs (50%)●Beat Revenue 0/7 qtrs (0%)
Q2 2026Latest
May 8, 2026Metric
Actual
Est
EPS
$0.10+0.0%
$0.10
Rev
$200,000+0.0%
$200,000
Q2 2026
Mar 27, 2026Metric
Actual
Est
EPS
$0.61
$0.00
Rev
$662,309-431.2%
$200,000
Q4 2025
Nov 11, 2025Metric
Actual
Est
EPS
$0.57
—
Rev
$198,301
—
Q3 2025
Aug 12, 2025Metric
Actual
Est
EPS
$7.57
—
Rev
$702,936
—
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 8, 2026 | $0.10vs $0.10+0.0% | $200,000vs $200,000+0.0% |
| Q2 2026 | Mar 27, 2026 | $0.61vs $0.00 | $662,309vs $200,000-431.2% |
| Q4 2025 | Nov 11, 2025 | $0.57 | $198,301 |
| Q3 2025 | Aug 12, 2025 | $7.57 | $702,936 |
Based on last 7 quarters of dataView full earnings history →
EMPD Peer Comparison
Empery Digital Inc. (EMPD) competitors in Emerging Electric Mobility Platforms — 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 |
|---|---|---|---|---|---|---|---|---|
 MARA | 5.42B | 14.22 | -3.85 | 38.2% | -234.83% | -51.65% | 1.05 | |
 RIOT | 10.65B | 28.10 | -14.41 | 71.89% | -132.76% | -28.78% | 0.10 | |
 CLSK | 4.42B | 17.24 | 15.39 | 102.21% | -67.66% | -29.93% | 0.38 | |
 CIFR | 11.84B | 29.18 | -13.57 | 48.04% | -5.13% | -115.53% | 3.31 | |
 IREN | 21.4B | 59.96 | 153.74 | 167.65% | 31.71% | 9.12% | 0.53 | |
 HUT | 14.01B | 124.44 | -58.15 | -90.71% | -17.66% | 0.25 | ||
 BTBT | 706.64M | 2.17 | -7 | -30.65% | -146.01% | -0.11% | 0.16 | |
 BITF | 1.29B | 2.16 | -16.62 | 18.87% | -197.58% | -69.94% | 1.22 |
Compare EMPD vs Peers
Empery Digital Inc. (EMPD) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
EMPD Income Statement
Empery Digital Inc. (EMPD) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|
Sales/Revenue | 448.82K | 4.55M | 3.26M | 4.04M | 974.98K | 464.63K |
Revenue Growth % | - | 913.03% | -28.28% | 23.8% | -75.85% | -87.58% |
Cost of Goods Sold | 10.51M | 13.41M | 11.39M | 18.17M | 1.39M | 768.7K |
COGS % of Revenue | 2341.13% | 295% | 349.31% | 450.02% | 142.31% | - |
Gross Profit | -10.06M▲ 0% | -8.87M▲ 11.9% | -8.13M▲ 8.3% | -14.13M▼ 73.8% | -412.48K▲ 97.1% | -304.07K▲ 0% |
Gross Margin % | -2241.13% | -195% | -249.31% | -350.02% | -42.31% | -65.44% |
Gross Profit Growth % | - | 11.86% | 8.3% | -73.81% | 97.08% | - |
Operating Expenses | 29.12M | 23.2M | 21.66M | 12.88M | 30.41M | 32.97M |
OpEx % of Revenue | 6488.41% | 510.21% | 664.3% | 319.11% | 3118.92% | - |
Selling, General & Admin | 18.66M | 14.74M | 13.79M | 10.21M | 30.06M | 32.88M |
SG&A % of Revenue | 4156.69% | 324.22% | 422.99% | 253.01% | 3083.16% | - |
Research & Development | 10.47M | 8.46M | 7.87M | 2.67M | 348.74K | -263.58K |
R&D % of Revenue | 2331.72% | 185.99% | 241.31% | 66.09% | 35.77% | - |
Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 |
Operating Income | -39.18M▲ 0% | -32.06M▲ 18.2% | -29.79M▲ 7.1% | -27.01M▲ 9.3% | -30.82M▼ 14.1% | -33.27M▲ 0% |
Operating Margin % | -8729.54% | -705.21% | -913.61% | -669.13% | -3161.23% | -7160.99% |
Operating Income Growth % | - | 18.16% | 7.08% | 9.33% | -14.09% | - |
EBITDA | -38.59M | -30.87M | -29.17M | -26.25M | -30.1M | -33.3M |
EBITDA Margin % | -8599.06% | -678.96% | -894.63% | -650.33% | -3087.5% | -7166.52% |
EBITDA Growth % | - | 20.01% | 5.5% | 10.01% | -14.65% | -35.54% |
D&A (Non-Cash Add-back) | 585.62K | 1.19M | 618.98K | 759.12K | 718.87K | -25.7K |
EBIT | -40.03M | -31.98M | -40.1M | -44.87M | -30.82M | -33.41M |
Net Interest Income | -91.24K | -2.26M | -4.97M | -643.72K | -1.96M | -4.23M |
Interest Income | 0 | 0 | 0 | 0 | 292.62K | -10.23K |
Interest Expense | 91.24K | 2.26M | 4.97M | 643.72K | 2.25M | 4.22M |
Other Income/Expense | -945.26K | -2.17M | -15.28M | -18.5M | -123.13M | -203.63M |
Pretax Income | -40.13M▲ 0% | -34.24M▲ 14.7% | -45.07M▼ 31.7% | -45.51M▼ 1.0% | -153.95M▼ 238.3% | -236.9M▲ 0% |
Pretax Margin % | -8940.15% | -752.97% | -1382.13% | -1127.28% | -15790.61% | -50986.36% |
Income Tax | 0 | 0 | 0 | 0 | -5.38M | -5.38M |
Effective Tax Rate % | 0% | 0% | 0% | 0% | 3.5% | 2.27% |
Net Income | -40.13M▲ 0% | -34.24M▲ 14.7% | -45.07M▼ 31.7% | -45.51M▼ 1.0% | -150.05M▼ 229.7% | -233M▲ 0% |
Net Margin % | -8940.15% | -752.97% | -1382.13% | -1127.28% | -15390.36% | -50146.48% |
Net Income Growth % | - | 14.68% | -31.65% | -0.97% | -229.71% | -962.81% |
Net Income (Continuing) | -40.13M | -34.24M | -45.07M | -45.51M | -148.57M | -231.51M |
Discontinued Operations | 0 | 0 | 0 | 0 | -1.48M | 0 |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
EPS (Diluted) | -999999.00▲ 0% | -999999.00▲ 0.0% | -281695.07▲ 71.8% | -1175.20▲ 99.6% | -8.12▲ 99.3% | -7.06▲ 0% |
EPS Growth % | - | 36.01% | 86.83% | 99.58% | 99.31% | 99.04% |
EPS (Basic) | -999999.00 | -999999.00 | -281695.07 | -1175.20 | -8.12 | - |
Diluted Shares Outstanding | 12 | 16 | 160 | 38.72K | 18.48M | 33.02M |
Basic Shares Outstanding | 12 | 16 | 160 | 38.72K | 18.48M | 33.02M |
Dividend Payout Ratio | - | - | - | - | - | - |
EMPD Balance Sheet
Empery Digital Inc. (EMPD) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|
Total Current Assets | 10.88M | 20.33M | 19.53M | 5.07M | 14.26M | 12.84M |
Cash & Short-Term Investments | 5.57M | 10.99M | 7.98M | 2.19M | 11.12M | 5.7M |
Cash Only | 5.57M | 10.99M | 7.98M | 2.19M | 9.07M | 5.7M |
Short-Term Investments | 0 | 0 | 0 | 0 | 2.05M | 0 |
Accounts Receivable | 25.59K | 864.96K | 203.3K | 88.25K | 312.11K | 63.32K |
Days Sales Outstanding | 20.81 | 69.44 | 22.76 | 7.98 | 116.84 | 423.23 |
Inventory | 2.21M | 5.65M | 8.97M | 1.46M | 346.18K | 396.59K |
Days Inventory Outstanding | 76.74 | 153.64 | 287.52 | 29.24 | 91.07 | 205.73 |
Other Current Assets | 1.09M | 2.4M | 2.11M | 1.14M | 2.48M | 6.68M |
Total Non-Current Assets | 3.74M | 2.4M | 2.59M | 1.16M | 358.5M | 204.98M |
Property, Plant & Equipment | 2.99M | 2.11M | 2.39M | 945.37K | 1.01M | 954.64K |
Fixed Asset Turnover | 0.15x | 2.16x | 1.36x | 4.27x | 0.96x | 0.42x |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 18.05K | 5.81K | 0 | 15.7K | 36.91K | 0 |
Long-Term Investments | 0 | 0 | 0 | 0 | 356.98M | 356.98M |
Other Non-Current Assets | 732.81K | 285.04K | 199.28K | 199.28K | 155.06K | 204.03M |
Total Assets | 14.62M▲ 0% | 22.73M▲ 55.4% | 22.13M▼ 2.6% | 6.23M▼ 71.9% | 372.75M▲ 5886.6% | 217.82M▲ 0% |
Asset Turnover | 0.03x | 0.20x | 0.15x | 0.65x | 0.00x | 0.00x |
Asset Growth % | - | 55.4% | -2.64% | -71.86% | 5886.56% | 11621.97% |
Total Current Liabilities | 6.48M | 20.9M | 40.91M | 4.64M | 52.78M | 6.31M |
Accounts Payable | 1.45M | 1.04M | 831.18K | 385.33K | 745.47K | 3.82M |
Days Payables Outstanding | 50.51 | 28.21 | 26.63 | 7.74 | 196.11 | 679.45 |
Short-Term Debt | 17.2K | 17.37M | 30.16M | 7.18K | 50.22M | 230.31K |
Deferred Revenue (Current) | 2.28M | 23.47K | 417.49K | 216.52K | 0 | 33.17K |
Other Current Liabilities | 0 | 0 | 5.97M | 2.2M | 1.82M | 2.26M |
Current Ratio | 1.68x | 0.97x | 0.48x | 1.09x | 0.27x | 2.03x |
Quick Ratio | 1.34x | 0.70x | 0.26x | 0.78x | 0.26x | 1.97x |
Cash Conversion Cycle | 47.03 | 194.87 | 283.65 | 29.48 | 11.8 | -50.49 |
Total Non-Current Liabilities | 1.84M | 1.19M | 844.31K | 1.55M | 50.75M | 45.42M |
Long-Term Debt | 68.78K | 50.12K | 69.14K | 28.53K | 0 | 45.42M |
Capital Lease Obligations | 1.77M | 1.14M | 775.17K | 331.22K | 471.68K | 1.05M |
Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 317.33K | 317.33K |
Other Non-Current Liabilities | 0 | 0 | 0 | 1.19M | 49.97M | 0 |
Total Liabilities | 8.32M | 22.09M | 41.76M | 6.19M | 103.54M | 51.74M |
Total Debt | 2.31M | 18.96M | 31.41M | 810.89K | 50.69M | 45.65M |
Net Debt | -3.26M | 7.97M | 23.43M | -1.38M | 41.62M | 39.95M |
Debt / Equity | 0.37x | 29.85x | - | 19.89x | 0.19x | 0.27x |
Debt / EBITDA | - | - | - | - | - | -1.37x |
Net Debt / EBITDA | - | - | - | - | - | -1.20x |
Interest Coverage | -438.79x | -14.15x | -8.07x | -69.70x | -13.68x | -7.91x |
Total Equity | 6.3M▲ 0% | 635.01K▼ 89.9% | -19.63M▼ 3191.4% | 40.76K▲ 100.2% | 269.21M▲ 660370.1% | 166.08M▲ 0% |
Equity Growth % | - | -89.93% | -3191.44% | 100.21% | 660370.1% | 669889.34% |
Book Value per Share | 525354.08 | 39688.31 | -122693.88 | 1.05 | 14.57 | 5.03 |
Total Shareholders' Equity | 6.3M | 635.01K | -19.63M | 40.76K | 269.21M | 166.08M |
Common Stock | 128 | 0 | 0 | 7 | 0 | 535 |
Retained Earnings | -41.5M | -75.73M | -120.81M | -166.32M | -316.37M | -401.77M |
Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 |
Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
EMPD Cash Flow Statement
Empery Digital Inc. (EMPD) cash flow — operating, investing & free cash flow history
| Metric | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|
Cash from Operations | -24.16M | -33.65M | -29.57M | -16.04M | -17.85M | -17.78M |
Operating CF Margin % | -5383.13% | -740.04% | -906.72% | -397.25% | -1830.7% | - |
Operating CF Growth % | - | -39.27% | 12.12% | 45.76% | -11.29% | -64.66% |
Net Income | -40.13M | -34.24M | -45.07M | -45.51M | -148.57M | -233M |
Depreciation & Amortization | 585.62K | 1.19M | 618.98K | 759.12K | 0 | 683.45K |
Stock-Based Compensation | 14.63M | 3.26M | 2.63M | 310.96K | 0 | 17.81M |
Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Cash Items | 6.49M | 4.56M | 18.31M | 28.6M | 134.82M | 198M |
Working Capital Changes | -5.74M | -8.42M | -6.05M | -198.25K | -4.1M | -1.27M |
Change in Receivables | -25.59K | -839.37K | 555.97K | 85.5K | -264.59K | -2.43M |
Change in Inventory | -4.16M | -5.13M | -7.61M | -933.84K | 844.52K | 230.84K |
Change in Payables | 1.37M | -417.48K | -205.44K | -445.86K | 360.14K | 3.6M |
Cash from Investing | -838.03K | -799.41K | -860.72K | -230.31K | -453.75M | -378.88M |
Capital Expenditures | -824.9K | -799.41K | -949.72K | -312.09K | -204.93K | -26.83K |
CapEx % of Revenue | 183.79% | 17.58% | 29.12% | 7.73% | 21.02% | 5.77% |
Acquisitions | 0 | 0 | 0 | 0 | 134.75K | 74.69M |
Investments | - | - | - | - | - | - |
Other Investing | -13.13K | 0 | 89K | 81.78K | -453.68M | -453.55M |
Cash from Financing | 30.03M | 40.41M | 27.08M | 10.37M | 478.37M | 384.79M |
Debt Issued (Net) | -909.16K | 15.11M | 3.83M | -735.02K | 99.59M | 44.59M |
Equity Issued (Net) | 28.73M | 18.09M | 4.83M | 10.97M | 378.78M | 338.42M |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
Share Repurchases | 0 | 0 | 0 | 0 | -96.28M | -140.1M |
Other Financing | 2.21M | 7.22M | 18.43M | 134.02K | 0 | 1.78M |
Net Change in Cash | 5.04M▲ 0% | 5.97M▲ 18.5% | -3.34M▼ 156.1% | -5.89M▼ 76.3% | 6.77M▲ 214.9% | -21.72M▲ 0% |
Free Cash Flow | -25M▲ 0% | -34.45M▼ 37.8% | -30.52M▲ 11.4% | -16.35M▲ 46.4% | -18.05M▼ 10.4% | -469.44M▲ 0% |
FCF Margin % | -5569.85% | -757.62% | -935.85% | -404.98% | -1851.72% | -101034.56% |
FCF Growth % | - | -37.79% | 11.41% | 46.43% | -10.42% | -2938.35% |
FCF per Share | -999999.00 | -999999.00 | -190736.34 | -422.21 | -0.98 | -14.22 |
FCF Conversion (FCF/Net Income) | 0.60x | 0.98x | 0.66x | 0.35x | 0.12x | 2.01x |
Interest Paid | 23.05K | 6.48K | 15.94K | 88.71K | 0 | -88.21K |
Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 |
EMPD Key Ratios
Empery Digital Inc. (EMPD) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|
Return on Equity (ROE) | -986.72% | - | -111651.6% | -111.46% | -105.1% |
Return on Invested Capital (ROIC) | -412.95% | -360.41% | -1652.25% | -14.94% | -10.09% |
Gross Margin | -195% | -249.31% | -350.02% | -42.31% | -65.44% |
Net Margin | -752.97% | -1382.13% | -1127.28% | -15390.36% | -50146.48% |
Debt / Equity | 29.85x | - | 19.89x | 0.19x | 0.27x |
Interest Coverage | -14.15x | -8.07x | -69.70x | -13.68x | -7.91x |
FCF Conversion | 0.98x | 0.66x | 0.35x | 0.12x | 2.01x |
Revenue Growth | 913.03% | -28.28% | 23.8% | -75.85% | -87.58% |
Related:EMPD Dividend History·EMPD Revenue History·EMPD Price History·EMPD P/E History·EMPD Financial Ratios·EMPD Institutional Holders
EMPD SEC Filings & Documents
Empery Digital Inc. (EMPD) SEC filings — annual & quarterly reports (10-K, 10-Q)
EMPD Frequently Asked Questions
Empery Digital Inc. (EMPD) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Empery Digital Inc. (EMPD) reported $0.5M in revenue for fiscal year 2025. This represents a 4% increase from $0.4M in 2021.
Empery Digital Inc. (EMPD) saw revenue decline by 75.9% over the past year.
Empery Digital Inc. (EMPD) reported a net loss of $233.0M for fiscal year 2025.
Dividend & Returns
Empery Digital Inc. (EMPD) has a return on equity (ROE) of -111.5%. Negative ROE indicates the company is unprofitable.
Empery Digital Inc. (EMPD) had negative free cash flow of $469.4M in fiscal year 2025, likely due to heavy capital investments.