HeartCore Enterprises, Inc. (HTCR) 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 | 1.25M | 1.92M | 2.99M | 4.74M | 3.59M | 3.44M | 17.85M | 4.07M | 5.05M | 3.33M | 4.69M | 5.1M | 8.73M | 2M | 1.87M | 2.67M | 2.28M | 2.38M | 3.47M | 2.11M |
| Revenue Growth % | -65.27% | -44.36% | -83.25% | 16.67% | -28.92% | 3.5% | 280.69% | -20.19% | -42.22% | 66.41% | 150.41% | 90.82% | 283.75% | -15.86% | -46.05% | - | 7.85% | 0.61% | - | - |
| Cost of Goods Sold | 1.17M | 1.36M | 1.52M | 2.53M | 2.49M | 2.87M | 3.43M | 3.26M | 3.01M | 3.23M | 3.86M | 3.59M | 3.1M | 1.53M | 1.54M | 1.34M | 1.06M | 1.27M | 1.79M | 1.41M |
| COGS % of Revenue | 94.06% | 71.17% | 50.89% | 53.26% | 69.33% | 83.38% | 19.23% | 80.18% | 59.73% | 97.08% | 82.33% | 70.4% | 35.51% | 76.57% | 82.42% | 50.08% | 46.37% | 53.25% | 51.47% | 66.7% |
| Gross Profit | 74.05K | 552.39K | 1.47M | 2.22M | 1.1M | 572.41K | 14.42M | 805.88K | 2.03M | 97.23K | 828.67K | 1.51M | 5.63M | 468.43K | 329.22K | 1.33M | 1.22M | 1.11M | 1.68M | 702.68K |
| Gross Margin % | 5.94% | 28.83% | 49.11% | 46.74% | 30.67% | 16.62% | 80.77% | 19.82% | 40.27% | 2.92% | 17.67% | 29.6% | 64.49% | 23.43% | 17.58% | 49.92% | 53.63% | 46.75% | 48.53% | 33.3% |
| Gross Profit Growth % | -93.27% | -3.5% | -89.81% | 175.18% | -45.86% | 488.73% | 1639.83% | -46.58% | -63.92% | -79.24% | 151.71% | 13.16% | 361.48% | -57.83% | -80.45% | - | 73.71% | 14.45% | - | - |
| Operating Expenses | 1.61M | 1.67M | 1.48M | 2.11M | 2.34M | 10.42M | 2.32M | 2.31M | 2.72M | 3.26M | 2.62M | 2.98M | 3.33M | 1.93M | 2.34M | 3M | 2.78M | 1.59M | 1.47M | 861.24K |
| OpEx % of Revenue | 129.59% | 87.07% | 49.48% | 44.48% | 65.36% | 302.51% | 12.98% | 56.88% | 53.8% | 98.01% | 55.8% | 58.4% | 38.17% | 96.28% | 125.12% | 112.21% | 122.28% | 67.06% | 42.41% | 40.81% |
| Selling, General & Admin | 1.61M | 1.62M | 1.48M | 1.95M | 2.22M | 2.1M | 2.21M | 2.2M | 2.63M | 1.86M | 2.45M | 2.94M | 3.25M | 1.87M | 2.28M | 2.58M | 2.67M | 1.31M | 1.28M | 809.09K |
| SG&A % of Revenue | 129.59% | 84.65% | 49.48% | 41.07% | 61.91% | 61.09% | 12.38% | 54.15% | 52.03% | 56.04% | 52.17% | 57.62% | 37.25% | 93.41% | 122.01% | 96.59% | 117.52% | 54.92% | 36.94% | 38.34% |
| Research & Development | 0 | 0 | 0 | 161.48K | 123.89K | 421.65K | 107.53K | 111.27K | 89.13K | 729.84K | 170.07K | 39.61K | 79.62K | 57.26K | 58.27K | 417.23K | 108.26K | 188.88K | 189.69K | 52.15K |
| R&D % of Revenue | - | - | - | 3.4% | 3.45% | 12.24% | 0.6% | 2.74% | 1.77% | 21.93% | 3.63% | 0.78% | 0.91% | 2.86% | 3.11% | 15.62% | 4.76% | 7.95% | 5.47% | 2.47% |
| Other Operating Expenses | 0 | 46.37K | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 666.72K | 0 | 0 | -15.26K | 4.94K | 0 | 0 | -6.99K | 99.57K | -2.59K | 0 |
| Operating Income | -1.54M | -1.12M | -11.15K | 107.47K | -1.24M | -9.85M | 12.1M | -1.51M | -682.96K | -3.16M | -1.79M | -1.47M | 2.3M | -1.46M | -2.01M | -1.66M | -1.56M | -482.8K | 212.56K | -158.56K |
| Operating Margin % | -123.65% | -58.24% | -0.37% | 2.27% | -34.68% | -285.89% | 67.79% | -37.06% | -13.53% | -95.09% | -38.13% | -28.79% | 26.33% | -72.85% | -107.54% | -62.29% | -68.65% | -20.32% | 6.12% | -7.51% |
| Operating Income Growth % | -23.82% | 88.67% | -100.09% | 107.13% | -82.17% | -211.15% | 776.83% | -2.73% | -129.7% | -117.22% | 11.22% | 11.8% | 247.18% | -201.71% | -1047.3% | - | -885.42% | -151.27% | - | - |
| EBITDA | -1.53M | -1.11M | -2.88K | 123K | -1.22M | -9.66M | 12.29M | -1.32M | -493.7K | -2.98M | -1.6M | -1.28M | 2.42M | -1.44M | -2M | -1.64M | -1.54M | -457.7K | 237.83K | -130.49K |
| EBITDA Margin % | -123.03% | -57.75% | -0.1% | 2.59% | -33.93% | -280.43% | 68.83% | -32.47% | -9.78% | -89.45% | -34.09% | -25.2% | 27.75% | -71.83% | -106.59% | -61.48% | -67.52% | -19.26% | 6.85% | -6.18% |
| EBITDA Growth % | -25.92% | 88.54% | -100.02% | 109.32% | -146.56% | -224.47% | 868.57% | -2.85% | -120.37% | -107.23% | 19.9% | 21.8% | 257.72% | -213.79% | -939.19% | - | -1077.66% | -185.4% | - | - |
| D&A (Non-Cash Add-back) | 7.72K | 9.38K | 8.27K | 15.53K | 26.91K | 187.98K | 186.71K | 186.86K | 189.26K | 187.82K | 189.1K | 183.34K | 124.07K | 20.43K | 17.71K | 21.8K | 25.75K | 25.1K | 25.27K | 28.07K |
| EBIT | -1.54M | -1.26M | -112.67K | 1.09M | -3.05M | -12.51M | 11.07M | -2.25M | -1.52M | -3.28M | -2.48M | -1.6M | 2.51M | -1.42M | -1.98M | -1.68M | -1.57M | -484.05K | 211.57K | -169.72K |
| Net Interest Income | -16.04K | -5.3K | -20.04K | -30.82K | -26.11K | -35.66K | -20.46K | -35.01K | -34.07K | -31.9K | -28.26K | -23.95K | -8.23K | 32.27K | 11.21K | -8.5K | -9.81K | -11.8K | -5.1K | -10.71K |
| Interest Income | 582 | -526 | 1.05K | 1.84K | 3.02K | 3.28K | 10.93K | 2.03K | 2.59K | 5.99K | 14.36K | 18.66K | 31.61K | 34.71K | 21.71K | 9.09K | 1.46K | 1.51K | 1.6K | 122 |
| Interest Expense | 16.63K | 4.78K | 21.08K | 32.66K | 29.13K | 38.94K | 31.39K | 37.04K | 36.66K | 37.9K | 42.62K | 42.61K | 39.84K | 2.44K | 10.5K | 17.59K | 11.27K | 13.31K | 6.7K | 10.83K |
| Other Income/Expense | -418.75K | -165.01K | -122.6K | 950.48K | -1.84M | -2.71M | -1.06M | -776.08K | -875.21K | -149.18K | -733.98K | -177.73K | 169.87K | 37.2K | 23.58K | -31.28K | -16.8K | -14.56K | -7.69K | -21.99K |
| Pretax Income | -1.96M | -1.28M | -133.75K | 1.06M | -3.08M | -12.55M | 11.04M | -2.28M | -1.56M | -3.31M | -2.52M | -1.64M | 2.47M | -1.42M | -1.99M | -1.69M | -1.58M | -497.36K | 204.87K | -180.55K |
| Pretax Margin % | -157.26% | -66.85% | -4.47% | 22.3% | -85.89% | -364.45% | 61.86% | -56.15% | -30.87% | -99.58% | -53.78% | -32.28% | 28.27% | -70.99% | -106.28% | -63.46% | -69.39% | -20.93% | 5.9% | -8.56% |
| Income Tax | 17.47K | -9.99K | 3.37K | -3.56K | 56.64K | -209.77K | 225.28K | -72.16K | -80.17K | -192.52K | 19.41K | -622K | 661.45K | 4.99K | -19.07K | 8.98K | -816 | 244.51K | 13.52K | 7.69K |
| Effective Tax Rate % | -0.89% | 0.78% | -2.52% | -0.34% | -1.84% | 1.67% | 2.04% | 3.16% | 5.14% | 5.81% | -0.77% | 37.82% | 26.78% | -0.35% | 0.96% | -0.53% | 0.05% | -49.16% | 6.6% | -4.26% |
| Net Income | -1.87M | 7.35M | 434.07K | 1.1M | -3.09M | -9.25M | 11.06M | -1.95M | -1.33M | -2.85M | -2.31M | -911.8K | 1.88M | -1.42M | -1.97M | -1.7M | -1.58M | -741.87K | 186.17K | -183.25K |
| Net Margin % | -150.24% | 383.46% | 14.52% | 23.18% | -86.06% | -268.74% | 61.95% | -47.98% | -26.42% | -85.75% | -49.21% | -17.89% | 21.55% | -71.24% | -105.26% | -63.8% | -69.35% | -31.22% | 5.36% | -8.68% |
| Net Income Growth % | 39.37% | 179.39% | -96.07% | 156.37% | -131.52% | -224.37% | 579.27% | -113.98% | -170.84% | -100.3% | -17.06% | 46.48% | 219.25% | -92.01% | -1158.66% | - | -761.37% | -213.28% | - | - |
| Net Income (Continuing) | -1.98M | -1.27M | -137.12K | 1.06M | -3.14M | -12.34M | 10.82M | -2.21M | -1.48M | -3.12M | -2.54M | -1.02M | 1.81M | -1.42M | -1.97M | -1.7M | -1.58M | -741.87K | 191.35K | -188.24K |
| Discontinued Operations | 0 | 1000K | 488.3K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -1.61M | -1.5M | -1.37M | -1.28M | -1.24M | -1.19M | 1.91M | 2.16M | 2.42M | 2.5M | 2.77M | 3M | 3.11M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -1.49 | 5.73 | 0.32 | 0.81 | -2.80 | -8.87 | 10.60 | -1.87 | -1.28 | -2.74 | -2.21 | -0.87 | 1.97 | -1.61 | -2.23 | -1.85 | -1.83 | -0.77 | 0.20 | -3.88 |
| EPS Growth % | 46.79% | 164.6% | -96.98% | 143.32% | -118.75% | -223.72% | 579.64% | -114.94% | -164.97% | -70.19% | 0.9% | 52.97% | 207.65% | -109.09% | -1215% | - | 52.84% | -220.83% | - | - |
| EPS (Basic) | -1.49 | 5.75 | 0.32 | 1.00 | -2.80 | -8.87 | 10.60 | -1.87 | -1.28 | -2.74 | -2.21 | -0.87 | 1.97 | -1.61 | -2.23 | -1.85 | -1.83 | -0.77 | 0.20 | -3.88 |
| Diluted Shares Outstanding | 1.27M | 1.27M | 1.17M | 1.35M | 1.1M | 1.04M | 1.04M | 1.04M | 1.04M | 1.04M | 1.04M | 1.04M | 953.31K | 882.49K | 882.49K | 922.02K | 863.27K | 968.3K | 945.8K | 47.29K |
| Basic Shares Outstanding | 1.27M | 1.27M | 1.17M | 1.1M | 1.1M | 1.04M | 1.04M | 1.04M | 1.04M | 1.04M | 1.04M | 1.04M | 953.31K | 882.49K | 882.49K | 922.02K | 863.27K | 968.3K | 945.8K | 47.29K |
| Dividend Payout Ratio | - | 44.98% | - | - | - | - | 3.77% | - | - | - | - | - | - | - | - | - | - | - | - | - |