The company's operational viability has effectively ceased, with revenue falling -100% in 2026Q1 following a 2025Q4 period where gross margins reached a deeply negative -73%.
| Sales/Revenue | 114.8M | 246.97M | 700.94M | 717.51M | 161.7M | 10.35M | 4.47M | 4.96M | 6.02M | 7.93M | 4.95M |
| Revenue Growth % | -84.13% | -64.77% | -2.31% | 343.73% | 1462.36% | 131.36% | -9.79% | -17.66% | -24.04% | 60.08% | - |
| Cost of Goods Sold | 116.24M | 242.4M | 696.08M | 709.01M | 159.32M | 10.26M | 5.64M | 4.37M | 4.93M | 7.57M | 3.94M |
| COGS % of Revenue | - | 98.15% | 99.31% | 98.82% | 98.53% | 99.15% | 126.02% | 88.09% | 81.83% | 95.46% | 79.63% |
| Gross Profit | -1.44M | 4.57M | 4.86M | 8.49M | 2.38M | 88.01K | -1.16M | 590.84K | 1.09M | 360.13K | 1.01M |
| Gross Margin % | -1.26% | 1.85% | 0.69% | 1.18% | 1.47% | 0.85% | -26.02% | 11.91% | 18.17% | 4.54% | 20.37% |
| Gross Profit Growth % | - | -5.93% | -42.8% | 257.39% | 2599.76% | 107.56% | -296.97% | -46% | 203.81% | -64.31% | - |
| Operating Expenses | 43.05M | 45.06M | 16.32M | 15.16M | 9.56M | 8.08M | 8.6M | 4.24M | 4.36M | 7.98M | 4.98M |
| OpEx % of Revenue | - | 18.24% | 2.33% | 2.11% | 5.91% | 78.11% | 192.15% | 85.6% | 72.36% | 100.69% | 100.44% |
| Selling, General & Admin | 42.98M | 44.96M | 16.32M | 15.16M | 9.56M | 8.08M | 8.6M | 4.24M | 4.36M | 7.98M | 4.77M |
| SG&A % of Revenue | - | 18.21% | 2.33% | 2.11% | 5.91% | 78.11% | 192.15% | 85.6% | 72.36% | 100.69% | 96.31% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 68K | 95K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 204.49K |
| Operating Income | -44.49M | -40.49M | -11.46M | -6.67M | -7.18M | -8M | -9.76M | -3.65M | -3.26M | -7.62M | -3.97M |
| Operating Margin % | -38.75% | -16.39% | -1.64% | -0.93% | -4.44% | -77.26% | -218.17% | -73.68% | -54.2% | -96.15% | -80.07% |
| Operating Income Growth % | - | -253.19% | -71.93% | 7.16% | 10.18% | 18.07% | -167.09% | -11.95% | 57.18% | -92.22% | - |
| EBITDA | -44.9M | -40.4M | -11.21M | -5.53M | -5.17M | -6.79M | -9.34M | -3.37M | -3.06M | -7.18M | -3.76M |
| EBITDA Margin % | -39.11% | -16.36% | -1.6% | -0.77% | -3.2% | -65.6% | -208.72% | -68.02% | -50.86% | -90.52% | -75.94% |
| EBITDA Growth % | -5916.45% | -260.51% | -102.81% | -6.93% | 23.89% | 27.29% | -176.81% | -10.12% | 57.32% | -90.8% | - |
| D&A (Non-Cash Add-back) | 68K | 95K | 259K | 1.14M | 2.02M | 1.21M | 422.55K | 280.95K | 200.88K | 446.37K | 204.49K |
| EBIT | -93.11M | -87.85M | 10.28M | -4.82M | -7.93M | -8.1M | -9.94M | -24.16M | -3.95M | -11.84M | -3.96M |
| Net Interest Income | -5.91M | -5.61M | -4.65M | -468K | -6.73K | -69.51K | -154.8K | -4.22M | -3.26M | -3.97M | -132.82K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 5.91M | 5.61M | 4.65M | 468K | 6.73K | 69.51K | 154.8K | 4.22M | 3.26M | 3.97M | 132.82K |
| Other Income/Expense | -54.52M | -52.97M | 17.1M | 1.38M | -755.54K | -174.29K | -339.5K | -24.73M | -3.94M | -8.19M | -126.26K |
| Pretax Income | -99.02M | -93.46M | 5.63M | -5.29M | -7.94M | -8.17M | -10.1M | -28.39M | -7.2M | -15.81M | -4.09M |
| Pretax Margin % | -86.25% | -37.84% | 0.8% | -0.74% | -4.91% | -78.94% | -225.76% | -572.39% | -119.62% | -199.45% | -82.62% |
| Income Tax | -228K | -228K | 3K | -15K | 25K | 6.03K | 0 | 0 | -2.07K | -246.53K | 127.28K |
| Effective Tax Rate % | 0.23% | 0.24% | 0.05% | 0.28% | -0.31% | -0.07% | 0% | 0% | 0.03% | 1.56% | -3.11% |
| Net Income | -99.19M | -93.39M | 3.99M | -7.82M | -7.96M | -8.18M | -10.1M | -28.39M | -7.2M | -13.21M | -3.11M |
| Net Margin % | -86.41% | -37.81% | 0.57% | -1.09% | -4.92% | -79% | -225.76% | -572.39% | -119.59% | -166.61% | -62.78% |
| Net Income Growth % | -2009.78% | -2439.38% | 151.02% | 1.74% | 2.61% | 19.04% | 64.42% | -294.1% | 45.48% | -324.83% | - |
| Net Income (Continuing) | -98.79M | -93.23M | 5.63M | -5.28M | -7.96M | -8.18M | -10.1M | -28.39M | -7.2M | -15.57M | -4.22M |
| Discontinued Operations | -875K | -739K | -1.89M | -2.77M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 2.67M | 2.67M | 3.18M | 3.44M | 0 | 0 | 0 | 0 | 0 | -69.93K | 159.72K |
| EPS (Diluted) | -109.35 | -113.85 | 8.56 | -22.39 | -27.88 | -49.65 | -133.24 | -357.44 | -99.28 | -182.10 | -4.30 |
| EPS Growth % | -1333.1% | -1430.02% | 138.23% | 19.69% | 43.85% | 62.74% | 62.72% | -260.03% | 45.48% | -4134.88% | - |
| EPS (Basic) | - | -113.85 | 8.71 | -22.39 | -27.88 | -49.65 | -133.24 | -357.44 | -99.28 | -182.10 | -4.30 |
| Diluted Shares Outstanding | 907.08K | 820.29K | 466.57K | 349.4K | 285.58K | 164.67K | 75.8K | 79.41K | 72.54K | 72.54K | 725.45K |
| Basic Shares Outstanding | 907.08K | 820.29K | 458.34K | 349.4K | 285.58K | 164.67K | 75.8K | 79.41K | 72.54K | 72.54K | 725.45K |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - |
Liquidity and solvency crisis
As reported in recent financial filings, Sadot Group experienced a precipitous -100% revenue decline in the most recent quarter, following a trend of extreme volatility that suggests the company's core agri-commodity trading model is currently failing to maintain the necessary scale for operational viability.
The rapid evaporation of top-line revenue indicates that the company's pivot to agri-commodity trading has not achieved the durability required to withstand market fluctuations. Investors should monitor whether this contraction reflects a strategic exit from low-margin contracts or a fundamental loss of access to essential trading counterparties.
Based on historical income statements, the company's gross margin has frequently dipped into negative territory, reaching as low as -73% in 2025Q4, which highlights the extreme difficulty of generating sustainable profit within the highly competitive and low-barrier agri-commodity trading environment.
The inability to consistently maintain positive gross margins suggests that the company lacks the pricing power or logistical efficiency to compete with larger, established industry players. This structural weakness implies that the current business model may be fundamentally incapable of covering its associated operating costs without significant scale.
According to the provided income statement data, the company's operating income has consistently failed to scale, culminating in a massive -241% operating margin in 2025Q4, which indicates that corporate overhead and legacy costs are severely outpacing the company's ability to generate gross profit.
The lack of operating leverage suggests that the company is burdened by a cost structure that is disconnected from its current revenue-generating capacity. Without a drastic reduction in SG&A or a massive increase in trading volume, the company appears to be trapped in a cycle of persistent operating losses.
As evidenced by the reported figures, net income has been characterized by extreme swings, including a -651.9% net margin in 2025Q4, which suggests that non-operating items and potential accounting adjustments are significantly distorting the company's true economic performance and underlying profitability.
The reliance on stock-based compensation, which reached $412,000 in 2025Q4 despite massive net losses, warrants further investigation into the alignment of management incentives with shareholder value. The inconsistency in bottom-line results makes it difficult to ascertain whether the company has a path toward sustainable, high-quality earnings.
Based on the most recent financial data, the company's cash position has dwindled to $653,000, a level that appears insufficient to support ongoing operations, suggesting that the primary risk for investors is not just margin compression but a potential liquidity-driven insolvency event.
Short-sellers would likely focus on the rapid depletion of cash reserves and the inability of the current business model to reach a break-even point. The combination of negative margins and a shrinking revenue base indicates that the company may be forced into dilutive financing or asset sales to maintain basic operations.
Quick answers to the most common questions about buying SDOT stock.
For fiscal year 2025, Sadot Group Inc. (SDOT) reported total revenue of $247.0M. This represents a 4886.0% increase compared to $5.0M in 2016.
Sadot Group Inc. (SDOT) reported a net loss of $93.4M for the fiscal year ending 2025.
Sadot Group Inc. (SDOT) reported an operating income of $-40.5M, resulting in an operating profit margin of -16.4%. This margin reflects the operational efficiency of the business before interest and taxes.
Sadot Group Inc. (SDOT) generated $4.6M in gross profit for the year, representing a gross profit margin of 1.8%. This demonstrates the company's core pricing power and production efficiency.