Azio AI Holdings, Inc. income statement AZIO

Annual Quarterly

In fiscal 2025, which ended Dec 31, 2025, Azio AI Holdings, Inc. reported revenue of $5.9 million, up 217.6% from the year before. It recorded a net loss of $39.1 million. The operating loss came to $38.7 million, an operating margin of -651.3%. Over the twelve months ended Jun 30, 2026, revenue was $9.2 million and net income was $5.2 million. Across the 9 fiscal years shown, revenue grew from $425,000 in fiscal 2017 to $5.9 million in fiscal 2025, about 39.0% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line	FY 2026 Jun 30, 2026	FY 2025 Dec 31, 2025	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021	FY 2020 Dec 31, 2020	FY 2019 Dec 31, 2019	FY 2018 Dec 31, 2018	FY 2017 Dec 31, 2017
Revenue	9 +388.9%	6 +217.6%	2 -34.7%	3 -36.4%	5 +120.5%	2 +2202.2%	0 -99.3%	13 +150.7%	5 +1079.1%	0
Cost of revenue	21 +552.8%	19 +1285.5%	1 -25.6%	2 -33.0%	3 +116.4%	1 +1642.1%	0 -99.4%	12 +138.4%	5 +918.4%	0
Gross profit	-12 -779.7%	-13 -2800.1%	0 -51.4%	1 -41.9%	2 +127.5%	1 +4917.3%	0 -98.4%	1 +602.3%	0 +346.3%	-0
Research and development	0 -91.3%	1 +279.4%	0 -18.3%	0 +57.5%	0 +157.9%	0	0 -100.0%	0 -84.2%	1 +16.9%	1
Selling, general and administrative	14 +45.3%	11 +38.5%	8 -0.3%	8 +2.2%	8 -2.9%	8 +2219.2%	0 -93.8%	6 -46.4%	11 -43.1%	19
Operating income	-30 -33.8%	-39 -388.4%	-8 +37.7%	-13 +71.0%	-44 -467.7%	-8 -1779.5%	-0 +92.1%	-5 +54.2%	-11 +47.3%	-22
Other non-operating income (expense)	-0 +61.3%	-0 +94.0%	-0 -7175.7%	-0 -135.5%	-0	—	—	0 -87.0%	0 +590.0%	0
Other income (expense)	-1 -58.6%	-0 +52.0%	-1 -3126.8%	0 -29.1%	0 -85.2%	0 +6974.4%	0 -93.1%	0 -81.7%	0 +208.3%	-0
Pretax income	-31 -34.4%	-39 -342.2%	-9 +30.2%	-13 +71.0%	-44 -489.4%	-7 -1726.7%	-0 +92.1%	-5 +53.4%	-11 +49.6%	-22
Income tax	0	0	0	0	0 -100.0%	0	—	—	—	0
Net income	5 +128.8%	-39 -342.2%	-9 +30.2%	-13 +71.0%	-44 -472.4%	-8 -2637.6%	-0 +94.6%	-5 +53.4%	-11 +49.6%	-22
Basic EPS	0.58 +106.5%	-11.54 -111.4%	-5.46 -550.0%	-0.84 +71.2%	-2.92	—	—	—	—	—
Weighted average shares, basic	9 +342.6%	3 +109.2%	2 -89.2%	15 +0.5%	15	—	—	—	—	—
Other measures
Depreciation and amortization	1 -14.2%	1 +404.1%	0 +47.9%	0 +32.5%	0 +38.4%	0 +297.7%	0 -63.2%	0 +11.6%	0 +131.2%	0
EBITDA	-29 -35.3%	-38 -388.0%	-8 +38.6%	-13 +71.2%	-44 -471.6%	-8 -1846.1%	-0 +92.4%	-5 +54.4%	-11 +47.5%	-22
Interest coverage	—	—	—	—	—	—	—	—	—	-67.07x
Margins
Gross margin	-130.01%	-222.23%	26.14%	35.13%	38.45%	37.27%	17.10%	7.44%	2.65%	-12.71%
Operating margin	-321.92%	-651.31%	-423.53%	-444.13%	-973.39%	-378.10%	-463.13%	-41.50%	-227.00%	-5,081.88%
Pretax margin	-331.80%	-658.81%	-473.19%	-443.05%	-972.43%	-363.78%	-458.47%	-41.02%	-220.47%	-5,152.94%
Profit margin	56.62%	-658.81%	-473.19%	-443.05%	-972.43%	-374.58%	-315.01%	-41.02%	-220.47%	-5,153.65%
EBITDA margin	-315.64%	-635.13%	-413.35%	-439.63%	-971.23%	-374.66%	-443.22%	-41.12%	-226.14%	-5,077.51%

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

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Company profile

Industry: Motor Vehicle Parts & Accessories (SIC 3714)
Listed as: AZIO (Nasdaq)
Fiscal year ends: December 31
Incorporated in: DE
Headquarters: Houston, TX
SEC filer status: Non-accelerated filer, Smaller reporting company
SEC CIK: 1563568
Former names: Envirotech Vehicles, Inc. (until Jul 7, 2026); Adomani, Inc. (until May 25, 2021); ADOMANI, INC. (until May 25, 2021)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.