Here Group Limited(HERE)Earnings, Financials & Key Ratios
HERE•NASDAQ
$1.97
2.1× P/E·Price updated Jul 7, 2026
- Revenue$2.73B-28.2%
- EBITDA$405M+6.0%
- Net Income$359M-7.0%
- EPS (Diluted)6.51-4.4%
- Gross Margin81.52%-4.7%
- EBITDA Margin14.88%+47.6%
- Operating Margin14.56%+46.5%
- Net Margin13.16%+29.6%
- ROE49.5%-52.3%
HERE Price & Volume
Here Group Limited (HERE) stock price & volume — 10-year historical chart
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Persistent Operating Losses Undermine Structural Equity Base
Investment Thesis • Updated 2023Q1
VerdictNegative
Growth:Contracting
Profitability:Negative
Financial:Vulnerable
Cash Flow:Mixed
Primary Risk:Structural Insolvency Risk
Key Thesis Takeaways
- Here Group Limited faces a precarious financial outlook characterized by a persistent inability to convert its 88.6% gross margin into bottom-line profitability, as evidenced by a $97.3M net loss in 2023Q1.
- The company's reliance on working capital adjustments to mask operational cash flow deficiencies, combined with a negative equity position of $174.0M, suggests significant long-term solvency risks.
- Investors should monitor the company's inability to align its $625.5M SG&A expense structure with stagnant revenue, which continues to erode shareholder value.
Verdict Logic
the company's fundamental instability is highlighted by a negative equity position of $174.0M and an OCF/NI ratio of -2.37, indicating that current cash generation is decoupled from core business performance.
HERE Growth Metrics
Here Group Limited (HERE) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years9.14%
3 Years-1.68%
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-
Return on Capital
10 Years1.79%
5 Years1.79%
3 Years1.79%
Last Year49.49%
HERE Recent Earnings
Here Group Limited (HERE) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 6/11 qtrs (55%)●Beat Revenue 5/11 qtrs (45%)
Q3 2026Latest
Jun 5, 2026Metric
Actual
Est
EPS
$0.03-125.6%
$0.12
Rev
$24M-85.9%
$169M
Q2 2026
Mar 12, 2026Metric
Actual
Est
EPS
$0.02-127.1%
$0.08
Rev
$25M-84.0%
$159M
Q4 2025
Dec 2, 2025Metric
Actual
Est
EPS
$0.05-162.5%
$0.08
Rev
$18M-87.2%
$139M
Q4 2025
Sep 17, 2025Metric
Actual
Est
EPS
$0.09+91.2%
$0.05
Rev
$86M+21.0%
$71M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q3 2026Latest | Jun 5, 2026 | $0.03vs $0.12-125.6% | $24Mvs $169M-85.9% |
| Q2 2026 | Mar 12, 2026 | $0.02vs $0.08-127.1% | $25Mvs $159M-84.0% |
| Q4 2025 | Dec 2, 2025 | $0.05vs $0.08-162.5% | $18Mvs $139M-87.2% |
| Q4 2025 | Sep 17, 2025 | $0.09vs $0.05+91.2% | $86Mvs $71M+21.0% |
Based on last 11 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Here Group Limited (HERE)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $1.97 | $213.65M | 2.06 | -28.19% | 13.16% | 49.5% | 1.47% | |
| $0.39 | $67.48M | 21.55 | -5.32% | 0.86% | 1.12% | — | |
| $0.39 | $8.55M | -1.30 | -3.07% | -17.49% | -40.41% | — | |
| $4.75 | $192.85M | 3.89 | 36.55% | -19.55% | -3.39% | — | |
| $74.33 | $153.97B | 15.71 | 18.28% | 15.91% | 32.02% | — | |
| $15.44 | $5.86B | 2.27 | 9.16% | 43.82% | 150.2% | — |
Compare HERE vs Peers
Here Group Limited (HERE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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HERE Frequently Asked Questions
Here Group Limited (HERE) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Here Group Limited's revenue?
Here Group Limited (HERE) reported $2.73B in revenue for fiscal year 2025. This represents a 55% increase from $1.76B in 2020.
How fast is Here Group Limited growing?
Here Group Limited (HERE) saw revenue decline by 28.2% over the past year.
Is HERE profitable?
Yes, Here Group Limited (HERE) is profitable, generating $358.7M in net income for fiscal year 2025 (13.2% net margin).
Dividend & Returns
Does HERE pay dividends?
Yes, Here Group Limited (HERE) pays a dividend with a yield of 1.47%. This makes it attractive for income-focused investors.
What is HERE's return on equity?
Here Group Limited (HERE) has a return on equity (ROE) of 49.5%. This is excellent, indicating efficient use of shareholder capital.
What is Here Group Limited's free cash flow?
Here Group Limited (HERE) generated $27.8M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.