The company exhibits extreme margin volatility, with operating margins reaching -161.9% in 2025Q4, reflecting an inability to scale SG&A expenses against a limited revenue base.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'06 | Dec'05 |
|---|
| Sales/Revenue | 5.71M | 5.64M | 7.74M | 7.35M | 8.34M | 7.75M | 25.03M | 6.35M | 5.58M | 4.99M | 6.34M | 4.19M | 2.25M | 1.17M | 564.14K | 208.4K | 357.17K | 499.17K | 10.34K | 0 | 0 |
| Revenue Growth % | -30.33% | -27.17% | 5.22% | -11.8% | 7.54% | -69.02% | 294.31% | 13.65% | 11.83% | -21.28% | 51.33% | 86.44% | 92.75% | 106.77% | 170.7% | -41.65% | -28.45% | 4729.92% | - | - | - |
| Cost of Goods Sold | 2.88M | 2.56M | 4.18M | 3.07M | 3.28M | 3.17M | 9.99M | 2.43M | 2.47M | 1.93M | 2.61M | 1.64M | 873.99K | 480.68K | 342.13K | 137.16K | 145.3K | 200.62K | 0 | 0 | 0 |
| COGS % of Revenue | - | 45.4% | 54.04% | 41.68% | 39.31% | 40.84% | 39.9% | 38.34% | 44.18% | 38.6% | 41.15% | 39.22% | 38.87% | 41.21% | 60.65% | 65.82% | 40.68% | 40.19% | - | - | - |
| Gross Profit | 2.84M | 3.08M | 3.56M | 4.29M | 5.06M | 4.59M | 15.04M | 3.91M | 3.12M | 3.07M | 3.73M | 2.55M | 1.37M | 685.78K | 222.01K | 71.24K | 211.87K | 298.55K | 10.34K | 0 | 0 |
| Gross Margin % | 49.63% | 54.6% | 45.96% | 58.32% | 60.69% | 59.16% | 60.1% | 61.66% | 55.82% | 61.4% | 58.85% | 60.78% | 61.13% | 58.79% | 39.35% | 34.18% | 59.32% | 59.81% | 100% | - | - |
| Gross Profit Growth % | - | -13.49% | -17.08% | -15.23% | 10.33% | -69.51% | 284.34% | 25.55% | 1.68% | -17.87% | 46.52% | 85.38% | 100.41% | 208.89% | 211.64% | -66.38% | -29.03% | 2788.76% | - | - | - |
| Operating Expenses | 6.56M | 6.93M | 7.66M | 7.64M | 7.94M | 9.51M | 10.53M | 6M | 6.19M | 6.51M | 7.1M | 5.53M | 5.18M | 2.13M | 1.65M | 859.68K | 1.59M | -15.51M | 22.74M | 22.56K | 22.81K |
| OpEx % of Revenue | - | 122.99% | 99% | 103.86% | 95.25% | 122.66% | 42.09% | 94.49% | 110.8% | 130.36% | 111.96% | 132.01% | 230.6% | 182.94% | 292% | 412.51% | 446% | -3107.12% | 220012.06% | - | - |
| Selling, General & Admin | 1.29B | 6.37M | 7.07M | 6.78M | 7.26M | 8.64M | 9.36M | 4.94M | 4.64M | 5.77M | 6.33M | 4.93M | 4.56M | 1.69M | 1.6M | 859.68K | 2.5M | -16.36M | 22.74M | 22.56K | 22.81K |
| SG&A % of Revenue | - | 113.03% | 91.42% | 92.19% | 87.08% | 111.48% | 37.39% | 77.84% | 83.03% | 115.51% | 99.81% | 117.7% | 202.74% | 144.72% | 284.32% | 412.51% | 698.69% | -3278.19% | 220012.06% | - | - |
| Research & Development | 302.14K | 289.9K | 290.68K | 491.8K | 352.24K | 572.7K | 455.05K | 340.58K | 916K | 454.09K | 184.26K | 100.32K | 155.98K | 127.55K | 2.38K | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | 5.14% | 3.76% | 6.69% | 4.22% | 7.39% | 1.82% | 5.37% | 16.4% | 9.09% | 2.9% | 2.39% | 6.94% | 10.93% | 0.42% | - | - | - | - | - | - |
| Other Operating Expenses | -865.8K | 271.33K | 296.54K | 366.68K | 329.16K | 294.67K | 719.76K | 716.16K | -57.2K | 287.74K | 586.38K | 499.34K | 470.33K | 318.26K | 0 | 0 | 0 | 853.95K | 0 | 0 | 0 |
| Operating Income | -3.73M | -3.85M | -4.1M | -3.35M | -2.88M | -4.92M | 4.51M | -2.08M | -3.07M | -3.44M | -3.37M | -2.99M | -3.81M | -1.45M | -1.45M | -788.44K | -1.38M | 14.91M | -22.73M | -22.56K | -22.81K |
| Operating Margin % | -65.22% | -68.39% | -53.04% | -45.54% | -34.56% | -63.51% | 18.02% | -32.82% | -54.98% | -68.97% | -53.11% | -71.23% | -169.47% | -124.15% | -257.17% | -378.33% | -386.68% | 2986.13% | -219912.06% | - | - |
| Operating Income Growth % | - | 6.1% | -22.56% | -16.21% | 41.47% | -209.21% | 316.43% | 32.15% | 10.86% | -2.22% | -12.85% | 21.64% | -163.1% | 0.18% | -84.01% | 42.91% | -109.27% | 165.58% | -100648.75% | 1.1% | - |
| EBITDA | -3.31M | -3.43M | -3.65M | -2.97M | -2.53M | -4.43M | 5.43M | -1.18M | -2.44M | -2.84M | -2.78M | -2.49M | -3.34M | -1.13M | -1.41M | -718.31K | -1.3M | 15M | -22.69M | -22.56K | -22.81K |
| EBITDA Margin % | -57.99% | -60.78% | -47.18% | -40.35% | -30.32% | -57.14% | 21.69% | -18.56% | -43.61% | -56.81% | -43.87% | -59.31% | -148.55% | -96.87% | -249.91% | -344.68% | -362.63% | 3004.98% | -219592.88% | - | - |
| EBITDA Growth % | -3.92% | 6.17% | -23.03% | -17.39% | 42.94% | -181.62% | 560.63% | 51.62% | 14.15% | -1.95% | -11.92% | 25.56% | -195.59% | 19.86% | -96.28% | 44.54% | -108.63% | 166.09% | -100502.53% | 1.1% | - |
| D&A (Non-Cash Add-back) | 412.97K | 428.64K | 453.85K | 381.74K | 354.13K | 493.88K | 918.98K | 904.91K | 634.67K | 607.13K | 586.38K | 499.34K | 470.33K | 318.26K | 40.95K | 70.13K | 85.92K | 94.09K | 32.99K | 0 | 0 |
| EBIT | -3.72M | -3.23M | -4.09M | -3.34M | -2.88M | -4.51M | 4.51M | -2.08M | -2.97M | -3.44M | -3.16M | -11.92M | 776.39K | -2.1M | -1.62M | -792.99K | -1.5M | 14.18M | -22.73M | 0 | 0 |
| Net Interest Income | -577.91K | -429.57K | -372K | -51.31K | 1.94K | 42 | -40.62K | -214.49K | -253.04K | -195.74K | 0 | -253.7K | -507.96K | -3.56M | -126.2K | -33.52K | -34.27K | -7.37K | -17.67K | 0 | 0 |
| Interest Income | 3.68K | 86.54K | 17.49K | 11.99K | 1.94K | 1.08K | 2.92K | 3.04K | 6.93K | 1.8K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.11K | 0 | 0 | 0 |
| Interest Expense | 581.59K | 516.11K | 389.49K | 63.3K | 0 | 1.03K | 43.54K | 217.53K | 259.97K | 197.53K | 0 | 253.7K | 507.96K | 3.56M | 126.2K | 33.52K | 34.27K | 9.48K | 17.67K | 0 | 0 |
| Other Income/Expense | -577.91K | 105.34K | -372K | -53.31K | 1.94K | 414.63K | -40.62K | -214.49K | -160.24K | -195.74K | 211.89K | -9.19M | 4.08M | -4.21M | -299.6K | -38.07K | -157.81K | 16.67M | 22.73M | 0 | 0 |
| Pretax Income | -4.3M | -3.75M | -4.48M | -3.4M | -2.88M | -4.51M | 4.47M | -2.3M | -3.23M | -3.64M | -3.16M | -12.18M | 268.44K | -5.66M | -1.75M | -826.51K | -1.54M | 14.17M | -22.75M | -22.56K | -22.81K |
| Pretax Margin % | -75.33% | -66.52% | -57.85% | -46.27% | -34.54% | -58.16% | 17.85% | -36.2% | -57.85% | -72.89% | -49.77% | -290.48% | 11.94% | -485.09% | -310.28% | -396.6% | -432.06% | 2838.57% | -220083.01% | - | - |
| Income Tax | 0 | 0 | 0 | -2K | 0 | -74.09K | 77K | 0 | 0 | 0 | 0 | 253.7K | 0 | 0 | 0 | -1.63K | 1.54M | -14.17M | 22.75M | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0.06% | 0% | 1.64% | 1.72% | 0% | 0% | 0% | 0% | -2.08% | 0% | 0% | 0% | 0.2% | -100% | -100% | -100% | 0% | 0% |
| Net Income | -4.3M | -3.75M | -4.48M | -3.4M | -2.88M | -4.44M | 4.39M | -2.3M | -3.23M | -3.64M | -3.16M | -12.18M | 268.44K | -5.66M | -1.75M | -824.88K | -1.54M | 14.17M | -22.75M | -22.56K | -22.81K |
| Net Margin % | -75.33% | -66.52% | -57.85% | -46.27% | -34.52% | -57.21% | 17.55% | -36.2% | -57.85% | -72.89% | -49.77% | -290.48% | 11.94% | -485.09% | -310.28% | -395.82% | -432.06% | 2838.57% | -220083.01% | - | - |
| Net Income Growth % | -25.77% | 16.26% | -31.57% | -18.22% | 35.11% | -201.01% | 291.11% | 28.87% | 11.25% | -15.28% | 74.07% | -4636.04% | 104.74% | -223.26% | -112.2% | 46.55% | -110.89% | 162.29% | -100727.07% | 1.1% | - |
| Net Income (Continuing) | -4.3M | -3.75M | -4.48M | -3.4M | -2.88M | -4.44M | 4.39M | -2.3M | -3.23M | -3.64M | -3.16M | -12.18M | 268.44K | -5.66M | -1.75M | -826.51K | -1.54M | 14.17M | -22.75M | -22.56K | -22.81K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.26K | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.21 | -0.19 | -0.22 | -0.17 | -0.15 | -0.25 | 0.23 | -0.16 | -0.21 | -0.24 | -0.21 | -0.95 | 0.02 | -0.58 | -0.20 | -0.11 | -0.32 | 2.96 | -5.29 | -5.33 | -6.25 |
| EPS Growth % | -28.72% | 13.64% | -29.41% | -13.33% | 40% | -208.7% | 243.75% | 23.81% | 12.5% | -14.29% | 77.89% | -5721.3% | 102.91% | -190% | -81.82% | 65.63% | -110.81% | 155.95% | 0.75% | 14.72% | - |
| EPS (Basic) | - | -0.19 | -0.22 | -0.17 | -0.15 | -0.25 | 0.27 | -0.16 | -0.21 | -0.24 | -0.21 | -0.96 | 0.03 | -0.58 | -0.20 | -0.11 | -0.32 | 3.12 | -5.29 | -5.33 | -6.25 |
| Diluted Shares Outstanding | 20.42M | 20.09M | 19.99M | 19.83M | 19.74M | 17.54M | 18.76M | 15.59M | 15.45M | 15.17M | 15.07M | 12.86M | 15.92M | 9.68M | 8.78M | 7.75M | 4.77M | 4.5M | 4.3M | 4.24K | 3.65K |
| Basic Shares Outstanding | 20.42M | 20.09M | 19.99M | 19.83M | 19.74M | 17.54M | 16.51M | 15.59M | 15.45M | 15.17M | 15.07M | 12.68M | 10.16M | 9.68M | 8.78M | 7.75M | 4.77M | 4.36M | 4.3M | 4.24K | 3.65K |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Imminent liquidity and solvency risk
As reported in recent financial filings, TOMZ experienced significant revenue volatility, with quarterly figures fluctuating between $1.0 million and $3.0 million over the last ten quarters, ultimately failing to establish a consistent growth trajectory as demand for its decontamination technology remains highly sensitive to non-recurring institutional contracts.
The erratic revenue pattern suggests that the company's business model is heavily reliant on lumpy, event-driven sales rather than a predictable recurring revenue stream. This lack of durability in top-line growth complicates long-term forecasting and indicates that the company has yet to successfully transition from a pandemic-era beneficiary to a stable industrial supplier.
Based on the provided income statement data, gross margins have demonstrated extreme instability, swinging from a negative 49.5% in 2024Q4 to a peak of 65.7% in 2025Q2, which highlights the company's inability to maintain consistent pricing power or cost control across varying production volumes.
The wide variance in gross margins suggests that the company's cost of goods sold is not well-aligned with its revenue generation, likely due to the high fixed-cost nature of its manufacturing processes. Investors should monitor whether the company can stabilize these margins above 60% to demonstrate the theoretical profitability of its proprietary BIT solution.
According to the latest quarterly data, TOMZ continues to struggle with severe operating inefficiencies, as evidenced by an operating margin of -68.39% that underscores a persistent inability to scale SG&A expenses in proportion to the company's current, limited revenue base of $5.6 million in TTM.
The company's cost structure appears to be significantly oversized for its current market footprint, resulting in consistent operating losses that erode shareholder value. Without a drastic reduction in fixed overhead or a massive, sustained increase in revenue, the current operating model appears structurally incapable of achieving break-even status.
As disclosed in the most recent financial statements, the company's cash position of $87,775 is critically low relative to its ongoing operating losses, suggesting that the firm may face an imminent liquidity crisis that could force dilutive equity financing or jeopardize its ability to continue operations.
Short-sellers would likely focus on the widening gap between the company's cash burn rate and its available capital, which leaves little room for error in its commercial execution. The lack of a clear path to positive cash flow, combined with the current cash balance, warrants significant caution regarding the company's long-term viability as a going concern.
Quick answers to the most common questions about buying TOMZ stock.
For fiscal year 2025, TOMI Environmental Solutions, Inc. (TOMZ) reported total revenue of $5.6M.
TOMI Environmental Solutions, Inc. (TOMZ) reported a net loss of $3.7M for the fiscal year ending 2025.
TOMI Environmental Solutions, Inc. (TOMZ) reported an operating income of $-3.9M, resulting in an operating profit margin of -68.4%. This margin reflects the operational efficiency of the business before interest and taxes.
TOMI Environmental Solutions, Inc. (TOMZ) generated $3.1M in gross profit for the year, representing a gross profit margin of 54.6%. This demonstrates the company's core pricing power and production efficiency.