Zhongchao Inc. ZCMD
Annual
Quarterly
FY2025 · ended Dec 31, 2025 · Revenue $11.37M, -28.3% YoY · Filed Apr 3, 2026
Zhongchao Inc. (ZCMD) files with the SEC under industry code 8200, Services-Educational Services. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $11.4 million and a net loss of $6.3 million. As of Dec 31, 2025 it held $15.2 million in cash and investments and $26,083 in total debt.
Revenue
$11.37M
-28.3% vs prior year
Net income
$-6.31M
-881.0% vs prior year
Operating cash flow
$845,391
+157.4% vs prior year
Free cash flow
$95,079
EPS
$-1.85
-86.9% vs prior year
Dividend per share
None
Shares outstanding
—
Net cash
$15.13M
FY 2025
Operating margin
-54.4%
FY 2025
Company profile
- Industry
- Services-Educational Services (SIC 8200)
- Listed as
- ZCMD (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- Cayman Islands
- Headquarters
- Shanghai
- SEC filer status
- Non-accelerated filer
- SEC CIK
- 1785566
Other Services-Educational Services companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | 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 |
|---|---|---|---|---|---|
| Revenue | $11.4M | $15.9M | $19.4M | $14.2M | $16.3M |
| Operating income | -$6.2M | -$341,267 | -$13.3M | -$3.0M | -$320,741 |
| Net income | -$6.3M | -$643,229 | -$11.3M | — | — |
| Diluted EPS | -$1.85 | -$0.99 | -$34.83 | -$1.13 | — |
| Operating cash flow | $845,391 | -$1.5M | $54,229 | -$661,740 | $2.9M |
| Total assets | $24.1M | $25.9M | $24.4M | $38.6M | $36.3M |
| Total liabilities | $1.5M | $1.7M | $3.4M | $5.6M | $3.7M |
| Stockholders' equity | $18.6M | $20.8M | $18.0M | $29.9M | $32.6M |
| Cash and investments | $15.2M | $13.1M | $13.4M | $13.2M | $16.2M |
| Total debt | $26,083 | $57,517 | $808,156 | $3.5M | $201,559 |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 6-K | Current report (foreign issuer) | Oct 30, 2026 | Jun 30, 2026 |
| 6-K | Current report (foreign issuer) | Sep 21, 2026 | Sep 21, 2026 |
| 6-K | Current report (foreign issuer) | Sep 11, 2026 | Sep 11, 2026 |
| 6-K | Current report (foreign issuer) | Aug 11, 2026 | Aug 11, 2026 |
| 6-K | Current report (foreign issuer) | Jul 28, 2026 | Jul 27, 2026 |
| 6-K | Current report (foreign issuer) | Jul 22, 2026 | Jul 22, 2026 |
All 155 Zhongchao Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.