bioAffinity Technologies, Inc. (BIAF) 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 | Q1'21 |
|---|
| Sales/Revenue | 1.35M | 1.59M | 1.45M | 1.27M | 1.85M | 2.21M | 2.35M | 2.4M | 2.41M | 2.21M | 298.48K | 19.74K | 921 | 2.35K | 1.15K | 1.31K | 0 | 0 | 0 | 0 |
| Revenue Growth % | -27.09% | -27.85% | -38.48% | -47.05% | -22.97% | -0.26% | 687.44% | 12047.39% | 261180.24% | 94245.95% | 25855.13% | 1411.33% | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | 1.04M | 1.29M | 1.06M | 1.02M | 1.37M | 1.72M | 1.44M | 1.41M | 1.57M | 1.81M | 74.7K | 1.23K | 87 | 175 | 146 | 146 | 1.04K | 794 | 1.19K | 1.64K |
| COGS % of Revenue | 77.18% | 81.09% | 73% | 80.08% | 73.79% | 77.72% | 61.27% | 58.71% | 65.39% | 81.94% | 25.03% | 6.25% | 9.45% | 7.46% | 12.7% | 11.18% | - | - | - | - |
| Gross Profit | 308.37K | 301.21K | 390.5K | 252.88K | 485.74K | 491.8K | 910.23K | 989.94K | 832.95K | 399.71K | 223.78K | 18.5K | 834 | 2.17K | 1K | 1.16K | -1.04K | -794 | -1.19K | -1.64K |
| Gross Margin % | 22.82% | 18.91% | 27% | 19.92% | 26.21% | 22.28% | 38.73% | 41.29% | 34.61% | 18.06% | 74.97% | 93.75% | 90.55% | 92.54% | 87.3% | 88.82% | - | - | - | - |
| Gross Profit Growth % | -36.51% | -38.75% | -57.1% | -74.45% | -41.68% | 23.04% | 306.75% | 5249.88% | 99774.1% | 18311.33% | 22188.84% | 1495.17% | 180.27% | 373.43% | 184.3% | - | 36.72% | 66.04% | - | - |
| Operating Expenses | 3.93M | 3.44M | 2.68M | 2.77M | 3.11M | 3.44M | 2.88M | 3.08M | 2.78M | 2.74M | 2.52M | 1.8M | 1.56M | 1.63M | 977.16K | 685.28K | 726K | 658.96K | 525.1K | 489.57K |
| OpEx % of Revenue | 290.44% | 215.86% | 185.56% | 218.08% | 167.94% | 155.75% | 122.71% | 128.36% | 115.45% | 123.89% | 843.69% | 9103.53% | 169251.25% | 69305.71% | 84970.43% | 52471.59% | - | - | - | - |
| Selling, General & Admin | 3.24M | 3.04M | 2.21M | 2.21M | 2.45M | 2.92M | 2.36M | 2.47M | 2.19M | 2.21M | 2.02M | 1.4M | 1.15M | 1.19M | 595.7K | 408.62K | 394.69K | 289.62K | 161.55K | 186.99K |
| SG&A % of Revenue | 239.85% | 190.68% | 152.79% | 174.45% | 132.31% | 132.28% | 100.6% | 103.13% | 90.84% | 100.03% | 678.07% | 7117.83% | 124633.55% | 50532.14% | 51800.17% | 31287.83% | - | - | - | - |
| Research & Development | 349.71K | 668.81K | 473.9K | 440.65K | 505.74K | 518.19K | 368.2K | 453.89K | 442.6K | 528.17K | 436.8K | 370.38K | 389.25K | 433.1K | 380.69K | 276.66K | 332.35K | 370.13K | 364.74K | 304.22K |
| R&D % of Revenue | 25.87% | 41.99% | 32.77% | 34.71% | 27.28% | 23.47% | 15.67% | 18.93% | 18.39% | 23.86% | 146.34% | 1876.51% | 42263.3% | 18461.13% | 33103.04% | 21183.69% | - | - | - | - |
| Other Operating Expenses | 334.04K | -267.82K | 0 | 113.23K | 154.59K | 0 | 151.3K | 151.07K | 149.64K | 0 | 57.57K | 21.55K | 21.68K | 7.33K | 773 | 1 | 0 | 0 | 0 | 0 |
| Operating Income | -3.62M | -3.14M | -2.29M | -2.52M | -2.63M | -2.95M | -1.97M | -2.09M | -1.95M | -2.34M | -2.29M | -1.78M | -1.56M | -1.62M | -976.16K | -684.12K | -727.04K | -659.75K | -526.29K | -491.21K |
| Operating Margin % | -267.62% | -196.94% | -158.56% | -198.16% | -141.73% | -133.47% | -83.98% | -87.08% | -80.84% | -105.83% | -768.72% | -9009.78% | -169160.69% | -69213.17% | -84883.13% | -52382.77% | - | - | - | - |
| Operating Income Growth % | -37.68% | -6.46% | -16.16% | -20.49% | -35.06% | -25.79% | 13.97% | -17.4% | -24.86% | -44.26% | -135.06% | -159.95% | -114.29% | -146.11% | -85.48% | - | -48.01% | 17.71% | - | - |
| EBITDA | -3.5M | -3.01M | -2.18M | -2.4M | -2.47M | -2.79M | -1.82M | -1.94M | -1.8M | -2.19M | -2.24M | -1.76M | -1.54M | -1.62M | -975.38K | -683.08K | -726K | -658.96K | -525.1K | -489.57K |
| EBITDA Margin % | -259.15% | -189.18% | -150.72% | -189.24% | -133.39% | -126.51% | -77.54% | -80.78% | -74.62% | -99.11% | -749.43% | -8900.59% | -166806.3% | -68900.72% | -84815.91% | -52303.14% | - | - | - | - |
| EBITDA Growth % | -41.65% | -7.89% | -19.58% | -24.04% | -37.7% | -27.32% | 18.52% | -10.24% | -16.88% | -35.71% | -129.34% | -157.19% | -111.61% | -145.3% | -85.75% | - | -48.3% | 17.57% | - | - |
| D&A (Non-Cash Add-back) | 114.52K | 123.66K | 113.36K | 113.23K | 154.59K | 153.63K | 151.3K | 151.07K | 149.64K | 148.79K | 57.57K | 21.55K | 21.68K | 7.33K | 773 | 1.04K | 1.04K | 794 | 1.19K | 1.64K |
| EBIT | -3.62M | -3.14M | -5.04M | -4.02M | -2.64M | -2.94M | -1.98M | -2.08M | -1.93M | -2.35M | -2.28M | -1.73M | -1.52M | -1.62M | -4.02M | 311.21K | -322.28K | -4.94M | -1.38M | -602.68K |
| Net Interest Income | -4.7K | 6.66K | -4.27K | -8.44K | -14.94K | -20.98K | -19.4K | -17.06K | -17.42K | -13.16K | 18.41K | 42.76K | 37K | -50.84K | -889K | -399K | -1.15M | -638K | -135K | -112K |
| Interest Income | 10.03K | 19.73K | 1.09K | 2.02K | 542 | 4.07K | 2.23K | 5.19K | 6.13K | 12.16K | 27.19K | 44.12K | 38.65K | 45.86K | 3 | 277 | 571 | 400 | 19 | 5 |
| Interest Expense | 14.72K | 13.07K | 5.36K | 10.46K | 15.48K | 25.05K | 21.63K | 22.25K | 23.55K | 25.32K | 8.79K | 1.36K | 1.66K | 96.7K | 889.09K | 399.26K | 1.15M | 638.03K | 135.36K | 111.55K |
| Other Income/Expense | -13.63K | 2.68K | -2.76M | -1.52M | -24.58K | -20.34K | -24.42K | -17.06K | -12.91K | -28.47K | 5.91K | 42.76K | 37K | -50.84K | -3.94M | 596.07K | -742.82K | -4.92M | -987.5K | -223.02K |
| Pretax Income | -3.63M | -3.13M | -5.05M | -4.03M | -2.65M | -2.97M | -2M | -2.1M | -1.96M | -2.37M | -2.29M | -1.74M | -1.52M | -1.67M | -4.92M | -88.05K | -1.47M | -5.58M | -1.51M | -714.23K |
| Pretax Margin % | -268.63% | -196.78% | -349.08% | -317.59% | -143.06% | -134.4% | -85.02% | -87.79% | -81.37% | -107.12% | -766.74% | -8793.12% | -165143.43% | -71380.39% | -427752.87% | -6742.11% | - | - | - | - |
| Income Tax | 0 | 3.18K | 3.18K | 28.98K | 8.7K | 0 | 2.56K | 5.42K | 3.67K | 2.29K | 2.29K | 4.59K | 11.82K | -1 | 300 | 0 | 2.16K | 0 | 0 | 1.95K |
| Effective Tax Rate % | 0% | -0.1% | -0.06% | -0.72% | -0.33% | 0% | -0.13% | -0.26% | -0.19% | -0.1% | -0.1% | -0.26% | -0.78% | 0% | -0.01% | 0% | -0.15% | 0% | 0% | -0.27% |
| Net Income | -3.63M | -3.14M | -5.05M | -4.06M | -2.66M | -2.97M | -2M | -2.11M | -1.96M | -2.37M | -2.29M | -1.74M | -1.53M | -1.67M | -4.92M | -88.05K | -1.47M | -5.58M | -1.51M | -716.18K |
| Net Margin % | -268.63% | -196.98% | -349.3% | -319.88% | -143.53% | -134.4% | -85.13% | -88.01% | -81.53% | -107.22% | -767.51% | -8816.36% | -166426.71% | -71380.35% | -427778.96% | -6742.11% | - | - | - | - |
| Net Income Growth % | -36.47% | -5.75% | -152.45% | -92.43% | -35.61% | -25.02% | 12.66% | -21.27% | -27.99% | -41.72% | 53.43% | -1876.3% | -4.13% | 69.97% | -224.98% | - | -105.54% | -161.04% | - | - |
| Net Income (Continuing) | -3.63M | -3.14M | -5.05M | -4.06M | -2.66M | -2.97M | -2M | -2.11M | -1.96M | -2.37M | -2.29M | -1.74M | -1.53M | -1.67M | -4.92M | -88.05K | -1.47M | -5.58M | -1.51M | -716.18K |
| Discontinued Operations | 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 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.81 | -1.82 | -4.74 | -5.07 | -4.80 | -6.00 | -4.80 | -5.70 | -6.00 | -7.80 | -7.80 | -6.00 | -5.40 | -6.00 | -35.10 | -0.97 | -16.20 | -61.20 | -16.50 | -7.80 |
| EPS Growth % | 83.13% | 69.67% | 1.25% | 11.05% | 20% | 23.08% | 38.46% | 5% | -11.11% | -30% | 77.78% | -519.2% | 66.67% | 90.2% | -112.73% | - | -107.69% | -155% | - | - |
| EPS (Basic) | -0.81 | -1.82 | -4.74 | -5.07 | -4.80 | -6.30 | -4.80 | -5.70 | -6.00 | -7.80 | -7.80 | -6.00 | -5.40 | -6.00 | -35.10 | -0.97 | -16.20 | -62.40 | -17.10 | -8.10 |
| Diluted Shares Outstanding | 4.49M | 1.72M | 1.07M | 800.72K | 541.9K | 413.07K | 413.07K | 379.63K | 330.5K | 308.17K | 289.88K | 284.02K | 281.12K | 279.38K | 140.13K | 90.93K | 90.93K | 90.93K | 90.93K | 90.93K |
| Basic Shares Outstanding | 4.49M | 1.72M | 1.07M | 800.72K | 541.9K | 413.07K | 413.07K | 379.63K | 330.5K | 308.17K | 289.88K | 284.02K | 281.12K | 279.38K | 140.13K | 89.8K | 89.37K | 89.2K | 90.93K | 90.93K |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |