XWELL, Inc. (XWEL) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 6.64M | 7.15M | 7.34M | 7.69M | 7.02M | 7.47M | 8.42M | 9.28M | 8.73M | 7.4M | 7.47M | 8.18M | 7.06M | 7.56M | 10.74M | 13.6M | 24.05M | 29.36M | 26.77M | 9.09M |
| Revenue Growth % | -5.48% | -4.21% | -12.79% | -17.16% | -19.52% | 0.86% | 12.77% | 13.54% | 23.55% | -2.05% | -30.44% | -39.88% | -70.63% | -74.26% | -59.89% | 49.55% | 182.52% | 8989.16% | 13216.92% | 6258.04% |
| Cost of Goods Sold | 4.46M | 4.88M | 6.07M | 5.91M | 5.7M | 6.34M | 6.37M | 6.2M | 6.05M | 6.53M | 6.38M | 6.99M | 6.54M | 7.15M | 9.34M | 12.36M | 15.05M | 15.86M | 13.66M | 7.7M |
| COGS % of Revenue | 67.14% | 68.15% | 82.68% | 76.92% | 81.22% | 84.97% | 75.62% | 66.83% | 69.39% | 88.14% | 85.39% | 85.44% | 92.61% | 94.58% | 86.99% | 90.88% | 62.57% | 54.03% | 51.04% | 84.7% |
| Gross Profit | 2.18M | 2.28M | 1.27M | 1.77M | 1.32M | 1.12M | 2.05M | 3.08M | 2.67M | 878K | 1.09M | 1.19M | 522K | 410K | 1.4M | 1.24M | 9M | 13.49M | 13.11M | 1.39M |
| Gross Margin % | 32.86% | 31.85% | 17.32% | 23.08% | 18.78% | 15.03% | 24.38% | 33.17% | 30.61% | 11.86% | 14.61% | 14.56% | 7.39% | 5.42% | 13.01% | 9.12% | 37.43% | 45.97% | 48.96% | 15.3% |
| Gross Profit Growth % | 65.35% | 103.03% | -38.04% | -42.35% | -50.62% | 27.79% | 88.18% | 158.74% | 411.69% | 114.15% | -21.9% | -4.03% | -94.2% | -96.96% | -89.34% | -10.86% | 106.78% | 739.88% | 1188.46% | 266.59% |
| Operating Expenses | 7.59M | 5.5M | 1.55M | 4.47M | 4.48M | 8.79M | 6.82M | 4.97M | 5.05M | 5.98M | 5.19M | 5.91M | 6.81M | 13.7M | 9.05M | 9.01M | 11.45M | 11.32M | 6.05M | 5.59M |
| OpEx % of Revenue | 114.42% | 76.92% | 21.16% | 58.1% | 63.75% | 117.7% | 81% | 53.57% | 57.87% | 80.82% | 69.5% | 72.34% | 96.42% | 181.28% | 84.31% | 66.24% | 47.62% | 38.57% | 22.6% | 61.5% |
| Selling, General & Admin | 7.59M | 5.86M | 1.55M | 4.28M | 4.31M | 4.77M | 6.42M | 4.72M | 4.17M | 5.21M | 3.91M | 5.3M | 6.09M | 4.38M | 5.71M | 6.72M | 10.19M | 9.85M | 5.2M | 4.65M |
| SG&A % of Revenue | 114.42% | 81.85% | 21.16% | 55.66% | 61.38% | 63.92% | 76.21% | 50.91% | 47.82% | 70.32% | 52.3% | 64.87% | 86.24% | 57.91% | 53.15% | 49.42% | 42.37% | 33.55% | 19.41% | 51.1% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | -353K | 0 | 187K | 166K | 1000K | 404K | 247K | 877K | 777K | 1000K | 611K | 719K | 1000K | 1000K | 1000K | 1000K | 1000K | 852K | 946K |
| Operating Income | -5.41M | -3.22M | -282K | -2.69M | -3.16M | -7.67M | -4.77M | -1.89M | -2.38M | -5.11M | -4.1M | -4.72M | -6.29M | -13.29M | -7.65M | -7.77M | -2.45M | 2.17M | 7.06M | -4.2M |
| Operating Margin % | -81.56% | -45.07% | -3.84% | -35.01% | -44.97% | -102.68% | -56.63% | -20.39% | -27.26% | -68.96% | -54.89% | -57.79% | -89.03% | -175.85% | -71.29% | -57.12% | -10.19% | 7.4% | 26.36% | -46.21% |
| Operating Income Growth % | -71.44% | 57.95% | 94.09% | -42.21% | -32.74% | -50.19% | -16.35% | 59.93% | 62.17% | 61.59% | 46.45% | 39.18% | -156.55% | -711.92% | -208.46% | -84.88% | -166.12% | 112.45% | 176.52% | 55.7% |
| EBITDA | -5.16M | -2.74M | 166K | -2.26M | -2.75M | -7.03M | -4.19M | -1.35M | -1.87M | -4.81M | -3.15M | -4.13M | -5.29M | -12.19M | -5.56M | -5.84M | -789K | 3.39M | 8.44M | -2.85M |
| EBITDA Margin % | -77.69% | -38.26% | 2.26% | -29.41% | -39.1% | -94.11% | -49.79% | -14.51% | -21.41% | -64.97% | -42.21% | -50.53% | -74.83% | -161.3% | -51.8% | -42.92% | -3.28% | 11.54% | 31.55% | -31.37% |
| EBITDA Growth % | -87.8% | 61.05% | 103.96% | -67.85% | -47% | -46.09% | -33.03% | 67.39% | 64.65% | 60.54% | 43.32% | 29.22% | -569.84% | -459.83% | -165.86% | -104.63% | -1778.72% | 121.63% | 215.59% | 63.2% |
| D&A (Non-Cash Add-back) | 257K | 487K | 448K | 431K | 412K | 640K | 576K | 546K | 511K | 295K | 947K | 593K | 1M | 1.1M | 2.09M | 1.93M | 1.66M | 1.22M | 1.39M | 1.35M |
| EBIT | -5.41M | -9.81M | -177K | -2.69M | -4.56M | -3.88M | -4.62M | -1.87M | -2.31M | -4.62M | -3.68M | -4.71M | -5.79M | -7.67M | -6.61M | -7.82M | -2.45M | 2.99M | 7.06M | -4.2M |
| Net Interest Income | -25K | -74K | 458K | 115K | 28K | 33K | 50K | 56K | 62K | 75K | -73K | 53K | 350K | -115K | 76K | -1K | -38K | -127K | -56K | -25K |
| Interest Income | 0 | -34K | 490K | 147K | 58K | 72K | 100K | 97K | 110K | 114K | 105K | 105K | 393K | 225K | 114K | 38K | 7K | 0 | 0 | 0 |
| Interest Expense | 25K | 40K | 32K | 32K | 30K | 39K | 50K | 41K | 48K | 39K | 178K | 52K | 43K | 340K | 38K | 39K | 45K | 0 | 56K | 25K |
| Other Income/Expense | -5.6M | -6.04M | 73K | 674K | -1.43M | 80K | 64K | 102K | 21K | 210K | -5.88M | -955K | 459K | -920K | -22K | -158K | -311K | -359K | -375K | -538K |
| Pretax Income | -11.01M | -9.26M | -209K | -2.02M | -4.59M | -7.59M | -4.71M | -1.79M | -2.36M | -4.89M | -9.98M | -5.68M | -5.83M | -14.21M | -7.68M | -7.92M | -2.76M | 1.81M | 6.68M | -4.74M |
| Pretax Margin % | -165.89% | -129.48% | -2.85% | -26.25% | -65.33% | -101.61% | -55.87% | -19.3% | -27.02% | -66.12% | -133.61% | -69.47% | -82.53% | -188.03% | -71.5% | -58.28% | -11.49% | 6.18% | 24.96% | -52.12% |
| Income Tax | 0 | -7K | 2K | 34K | 0 | 49K | 0 | 0 | 0 | 35K | 0 | 0 | 0 | 50K | 3K | 2K | 0 | -23K | 87K | -9K |
| Effective Tax Rate % | 0% | 0.08% | -0.96% | -1.68% | 0% | -0.65% | 0% | 0% | 0% | -0.72% | 0% | 0% | 0% | -0.35% | -0.04% | -0.03% | 0% | -1.27% | 1.3% | 0.19% |
| Net Income | -11.18M | -9.28M | -724K | -2.27M | -4.72M | -7.59M | -4.75M | -2M | -2.51M | -4.97M | -9.92M | -5.73M | -5.51M | -13.46M | -7.18M | -7.92M | -4.28M | 3.27M | 5.6M | -4.47M |
| Net Margin % | -168.39% | -129.72% | -9.86% | -29.51% | -67.19% | -101.71% | -56.4% | -21.5% | -28.79% | -67.15% | -132.81% | -70.09% | -78% | -178.05% | -66.87% | -58.23% | -17.81% | 11.16% | 20.91% | -49.13% |
| Net Income Growth % | -136.87% | -22.17% | 84.76% | -13.68% | -87.86% | -52.79% | 52.11% | 65.17% | 54.4% | 63.06% | -38.15% | 27.63% | -28.62% | -510.9% | -228.27% | -77.26% | -305.59% | 120.88% | 191.6% | 92.31% |
| Net Income (Continuing) | -11.01M | -9.26M | -211K | -2.05M | -4.59M | -7.64M | -4.71M | -1.79M | -2.36M | -4.93M | -9.98M | -5.68M | -5.83M | -14.26M | -7.68M | -7.93M | -2.76M | 1.84M | 6.59M | -4.73M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 9.69M | 9.46M | 9.4M | 8.89M | 8.65M | 8.53M | 8.52M | 8.43M | 8.19M | 7.97M | 7.87M | 7.74M | 7.74M | 8.02M | 8.64M | 8.51M | 8.1M | 7.2M | 7.89M | 3.55M |
| EPS (Diluted) | -1.51 | -3.26 | -0.26 | -0.56 | -1.00 | -1.59 | -0.99 | -0.48 | -0.60 | -1.58 | -2.38 | -1.37 | -1.32 | -0.17 | -1.62 | -1.66 | -0.96 | 0.60 | 1.00 | -0.85 |
| EPS Growth % | -51% | -105.03% | 73.74% | -16.67% | -66.67% | -0.63% | 58.4% | 64.96% | 54.55% | -829.41% | -46.91% | 17.47% | -37.5% | -128.33% | -262% | -95.29% | -357.14% | 452.94% | 150% | 97.16% |
| EPS (Basic) | -1.51 | -3.26 | -0.26 | -0.56 | -1.00 | -1.59 | -0.99 | -0.48 | -0.60 | -1.58 | -2.38 | -1.37 | -1.32 | -0.17 | -1.62 | -1.66 | -0.96 | 0.60 | 1.00 | -0.85 |
| Diluted Shares Outstanding | 7.4M | 5.56M | 5.76M | 5.42M | 5.26M | 5.26M | 4.82M | 4.18M | 4.18M | 4.18M | 4.17M | 4.17M | 4.17M | 83.12M | 4.73M | 4.77M | 5.08M | 5.29M | 5.3M | 5.27M |
| Basic Shares Outstanding | 7.4M | 5.56M | 5.76M | 5.42M | 5.26M | 5.26M | 4.82M | 4.18M | 4.18M | 4.18M | 4.17M | 4.17M | 4.17M | 83.12M | 4.73M | 4.77M | 5.08M | 5.27M | 5.28M | 5.27M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |