The company's profitability remains severely constrained, highlighted by a 2026Q3 operating margin of -22.4% and a net loss of $30.8M.
| Sales/Revenue | 3.41M | 2.07M | 1.6M | 2.44M | 2.65M | 1.67M |
| Revenue Growth % | 80.71% | 29.15% | -34.26% | -7.8% | 58.33% | - |
| Cost of Goods Sold | 2.26M | 1.09M | 809.16K | 1.72M | 1.96M | 1.22M |
| COGS % of Revenue | - | 52.41% | 50.42% | 70.34% | 73.85% | 73.18% |
| Gross Profit | 1.15M | 986.47K | 795.81K | 724.01K | 692.58K | 448.56K |
| Gross Margin % | 33.66% | 47.59% | 49.58% | 29.66% | 26.15% | 26.82% |
| Gross Profit Growth % | - | 23.96% | 9.92% | 4.54% | 54.4% | - |
| Operating Expenses | 46.18M | 7.37M | 2.74M | 5.77M | 959.13K | 1.64M |
| OpEx % of Revenue | - | 355.69% | 170.88% | 236.53% | 36.22% | 98.32% |
| Selling, General & Admin | 45.55M | 6.75M | 2.59M | 5.77M | 959.13K | 1.63M |
| SG&A % of Revenue | - | 325.69% | 161.22% | 236.53% | 36.22% | 97.18% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - |
| Other Operating Expenses | 630.25K | 621.82K | 155.06K | 0 | 0 | 19.06K |
| Operating Income | -45.03M | -6.39M | -1.95M | -5.05M | -266.55K | -1.2M |
| Operating Margin % | -1320.66% | -308.1% | -121.29% | -206.87% | -10.07% | -71.5% |
| Operating Income Growth % | - | -228.05% | 61.45% | -1794.73% | 77.71% | - |
| EBITDA | -44.75M | -6.18M | -1.79M | -4.93M | -247.13K | -1.18M |
| EBITDA Margin % | -1312.21% | -298.27% | -111.63% | -202.14% | -9.33% | -70.3% |
| EBITDA Growth % | -1291.46% | -245.07% | 63.69% | -1896.9% | 78.98% | - |
| D&A (Non-Cash Add-back) | 288.31K | 203.78K | 155.06K | 115.56K | 19.43K | 20.17K |
| EBIT | -49.77M | -6.13M | -1.95M | -5.05M | -266.55K | -1.2M |
| Net Interest Income | -181.01K | -356.05K | -335.01K | -292.86K | -275.06K | -212.09K |
| Interest Income | 135.26K | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 316.27K | 356.05K | 335.01K | 292.86K | 275.06K | 212.09K |
| Other Income/Expense | -107.57M | -355.93K | -335.01K | -292.86K | -275.06K | -212.09K |
| Pretax Income | -152.6M | -6.74M | -2.28M | -5.34M | -541.61K | -1.41M |
| Pretax Margin % | -4475.19% | -325.27% | -142.17% | -218.86% | -20.45% | -84.18% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -152.6M | -6.74M | -2.28M | -5.02M | -541.61K | -1.41M |
| Net Margin % | -4475.19% | -325.27% | -142.17% | -205.75% | -20.45% | -84.18% |
| Net Income Growth % | -4081.56% | -195.49% | 54.58% | -827.46% | 61.53% | - |
| Net Income (Continuing) | -152.6M | -6.74M | -2.28M | -5.34M | -541.61K | -1.41M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -5.63 | -0.79 | -0.29 | -0.67 | -0.07 | -0.18 |
| EPS Growth % | -1202.89% | -172.41% | 56.72% | -883.85% | 62.17% | - |
| EPS (Basic) | - | -0.79 | -0.29 | -0.67 | -0.07 | -0.18 |
| Diluted Shares Outstanding | 27.1M | 8.55M | 7.96M | 7.96M | 7.96M | 7.96M |
| Basic Shares Outstanding | 27.1M | 8.55M | 7.96M | 7.96M | 7.96M | 7.96M |
| Dividend Payout Ratio | - | - | - | - | - | - |
Unsustainable cash burn rate
As reported in recent financial filings, CleanCore Solutions experienced a significant revenue contraction of 2.5% in 2026Q3, following a period of inconsistent growth, which suggests that the company's reliance on transactional hardware sales lacks the predictability required for sustained, long-term top-line expansion in this sector.
The erratic quarterly revenue figures indicate that the company is struggling to establish a repeatable sales motion. Without a recurring revenue component, the business remains highly susceptible to lumpy order cycles and the inherent volatility of new customer acquisition.
Based on the company's historical income statements, gross margins have fluctuated wildly, reaching a negative 88.4% in 2026Q3, which highlights the extreme sensitivity of the firm's cost structure to production inefficiencies and potential inventory write-downs that could undermine the core hardware value proposition.
The sharp decline in gross margin suggests that the company may be facing significant challenges in managing its manufacturing costs or that pricing power is insufficient to offset rising input expenses. Investors should monitor whether these margin pressures are structural or merely a result of temporary supply chain disruptions.
According to the provided income statement data, SG&A expenses surged to $11.6M in 2026Q3, far outpacing revenue and resulting in a deeply negative operating margin, which indicates that the company has failed to achieve the necessary scale to leverage its fixed corporate overhead effectively.
The disconnect between revenue generation and operating expenses suggests a business model that is currently unable to scale profitably. The lack of operating leverage implies that every additional dollar of revenue is currently being consumed by disproportionate administrative and operational costs.
As indicated by the company's financial history, the persistent net losses and negative operating margins suggest that the current business model may be fundamentally unviable without a significant pivot toward higher-margin consumables or a drastic reduction in the company's bloated operating expense structure.
Short-term growth metrics may mask the underlying reality that the company is burning through capital at an unsustainable rate. The absence of a clear path to profitability suggests that the current valuation may be disconnected from the operational realities of the business.
Quick answers to the most common questions about buying ZONE stock.
For fiscal year 2025, CleanCore Solutions, Inc. (ZONE) reported total revenue of $2.1M. This represents a 23.9% increase compared to $1.7M in 2021.
CleanCore Solutions, Inc. (ZONE) reported a net loss of $6.7M for the fiscal year ending 2025.
CleanCore Solutions, Inc. (ZONE) reported an operating income of $-6.4M, resulting in an operating profit margin of -308.1%. This margin reflects the operational efficiency of the business before interest and taxes.
CleanCore Solutions, Inc. (ZONE) generated $1.0M in gross profit for the year, representing a gross profit margin of 47.6%. This demonstrates the company's core pricing power and production efficiency.