S&W Seed Company (SANW) quarterly income statement — complete revenue, gross profit & net income history
| Metric | 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 | Q2'21 | Q1'21 | Q4'20 |
|---|
| Sales/Revenue | 9.55M | 5.08M | 8.31M | 14.82M | 9.37M | 8.26M | 10.76M | 23.06M | 17.66M | 12.94M | 19.87M | 20M | 23.19M | 12.63M | 15.53M | 22.77M | 32.38M | 15.05M | 13.86M | 25.86M |
| Revenue Growth % | 1.97% | -38.55% | -22.76% | -35.72% | -46.96% | -36.15% | -45.85% | 15.25% | -23.83% | 2.43% | 27.91% | -12.13% | -28.38% | -16.08% | 12.1% | -11.98% | 11.29% | 21.84% | 12.9% | -44.79% |
| Cost of Goods Sold | 5.95M | 3.19M | 6.97M | 13.75M | 7.88M | 4.73M | 11.42M | 20.2M | 13.23M | 10.19M | 15.36M | 21.14M | 20.48M | 10.97M | 12.41M | 19.08M | 26.21M | 13.01M | 12.07M | 22.62M |
| COGS % of Revenue | 62.26% | 62.92% | 83.92% | 92.79% | 84.1% | 57.24% | 106.17% | 87.62% | 74.92% | 78.75% | 77.33% | 105.69% | 88.33% | 86.86% | 79.87% | 83.8% | 80.94% | 86.46% | 87.15% | 87.46% |
| Gross Profit | 3.61M | 1.88M | 1.34M | 1.07M | 1.49M | 2.74M | 2.73M | 2.85M | 4.43M | 2.75M | 4.5M | -1.14M | 2.71M | 1.66M | 3.13M | 3.69M | 6.17M | 2.04M | 1.78M | 3.24M |
| Gross Margin % | 37.74% | 37.08% | 16.08% | 7.21% | 15.9% | 33.15% | 25.33% | 12.38% | 25.08% | 21.25% | 22.67% | -5.69% | 11.67% | 13.14% | 20.13% | 16.2% | 19.06% | 13.54% | 12.85% | 12.54% |
| Gross Profit Growth % | 142% | -31.27% | -50.96% | -62.58% | -66.37% | -0.37% | -39.5% | 350.93% | 63.76% | 65.58% | 44.07% | -130.84% | -56.16% | -18.54% | 75.56% | 13.65% | -3.96% | -7.03% | -42.04% | -87.41% |
| Operating Expenses | 4.27M | 6.23M | 5.57M | 10.17M | 4.73M | 5.74M | 5.72M | 7.22M | 6.86M | 9M | 7.91M | 9.29M | 8.87M | 10.58M | 8.91M | 8.84M | 9.49M | 9.44M | 8.08M | 7.18M |
| OpEx % of Revenue | 44.68% | 122.65% | 67.03% | 68.65% | 50.47% | 69.44% | 53.15% | 31.33% | 38.85% | 69.55% | 39.81% | 46.42% | 38.24% | 83.72% | 57.39% | 38.83% | 29.32% | 62.73% | 58.31% | 27.75% |
| Selling, General & Admin | 2.96M | 4.69M | 4M | 4.41M | 3.96M | 4.24M | 4.15M | 5.14M | 5.99M | 6.24M | 5.06M | 6.21M | 5.58M | 7.09M | 5.59M | 5.47M | 5.8M | 5.92M | 4.68M | 5.68M |
| SG&A % of Revenue | 30.94% | 92.34% | 48.16% | 29.76% | 42.28% | 51.36% | 38.61% | 22.3% | 33.92% | 48.24% | 25.45% | 31.04% | 24.07% | 56.14% | 35.98% | 24.01% | 17.91% | 39.33% | 33.81% | 21.98% |
| Research & Development | 734.52K | 832.59K | 741.82K | 1.04M | 767.21K | 723.59K | 778.89K | 1.01M | 1.21M | 1.5M | 1.52M | 1.7M | 1.9M | 2.11M | 2M | 2.03M | 2.36M | 2.11M | 2.02M | 2.04M |
| R&D % of Revenue | 7.69% | 16.4% | 8.93% | 7.05% | 8.19% | 8.76% | 7.24% | 4.38% | 6.84% | 11.62% | 7.63% | 8.5% | 8.21% | 16.71% | 12.85% | 8.93% | 7.28% | 14.01% | 14.56% | 7.87% |
| Other Operating Expenses | 578.05K | 706.37K | 825.91K | 1000K | 0 | 770.27K | 784.74K | 45.53K | -336.84K | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -542.37K |
| Operating Income | -662.6K | -4.34M | -4.23M | -7.55M | -3.24M | -2.23M | -3.01M | -4.38M | -2.43M | -6.25M | -3.4M | -11.93M | -6.16M | -8.9M | -5.77M | -4.6M | -2.01M | -7.36M | -6.3M | -5.89M |
| Operating Margin % | -6.94% | -85.57% | -50.95% | -50.97% | -34.57% | -26.96% | -28.02% | -19% | -13.77% | -48.3% | -17.11% | -59.62% | -26.57% | -70.44% | -37.14% | -20.2% | -6.21% | -48.91% | -45.45% | -22.77% |
| Operating Income Growth % | 79.54% | -95.03% | -40.44% | -72.41% | -33.18% | 64.36% | 11.34% | 63.26% | 60.54% | 29.76% | 41.07% | -159.31% | -206.52% | -20.85% | 8.39% | 21.89% | 25.95% | -23.87% | -49.34% | -533.52% |
| EBITDA | -84.55K | -3.65M | -3.42M | -6.49M | -2.16M | -1.15M | -1.95M | -3.31M | -1.32M | -5M | -2.06M | -10.55M | -4.78M | -7.52M | -4.44M | -3.26M | -673.25K | -5.95M | -4.92M | -4.47M |
| EBITDA Margin % | -0.89% | -71.85% | -41.15% | -43.77% | -23.08% | -13.94% | -18.08% | -14.36% | -7.5% | -38.61% | -10.39% | -52.74% | -20.62% | -59.56% | -28.57% | -14.3% | -2.08% | -39.53% | -35.51% | -17.29% |
| EBITDA Growth % | 96.09% | -216.81% | -75.75% | -95.97% | -63.26% | 76.95% | 5.72% | 68.63% | 72.3% | 33.6% | 53.5% | -223.99% | -610.18% | -26.44% | 9.79% | 27.19% | 55.27% | -29.42% | -56.07% | -3358.53% |
| D&A (Non-Cash Add-back) | 578.05K | 696.35K | 814.45K | 1.07M | 1.08M | 1.08M | 1.07M | 1.07M | 1.11M | 1.25M | 1.34M | 1.38M | 1.38M | 1.37M | 1.33M | 1.34M | 1.34M | 1.41M | 1.38M | 1.42M |
| EBIT | -640.58K | -4.34M | -4.26M | -8.15M | -3.13M | -4.79M | -3.23M | -4.65M | 33.88M | -4.6M | -3.59M | -12.14M | -6.1M | -8.71M | -5.87M | -753.05K | -1.41M | -7.49M | -6.5M | -3.66M |
| Net Interest Income | -898.42K | -1.18M | -1.12M | -1.9M | -1.86M | -1.78M | -1.86M | -1.56M | -1.86M | -1.67M | -1.07M | -728.96K | -839.65K | -810.89K | -710.68K | -734.29K | -692.43K | -863.58K | -682.42K | -749.32K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 898.42K | 1.18M | 1.12M | 1.9M | 1.86M | 1.78M | 1.86M | 1.56M | 1.86M | 1.67M | 1.07M | 728.96K | 836.5K | 810.89K | 710.68K | 734.29K | 692.43K | 863.58K | 682.42K | 749.32K |
| Other Income/Expense | -1.56M | -1.91M | -2M | -3.22M | -1.57M | -1.53M | -2.02M | -2.67M | 35.93M | -23.34K | -1.22M | -938.91K | -728.66K | -626.77K | -810.97K | 3.11M | -96.67K | -990.51K | -886.46K | 1.48M |
| Pretax Income | -2.22M | -6.25M | -6.23M | -10.78M | -4.81M | -3.76M | -5.04M | -7.05M | 32.02M | -6.27M | -4.62M | -12.87M | -6.94M | -9.52M | -6.58M | -1.49M | -2.11M | -8.35M | -7.18M | -4.41M |
| Pretax Margin % | -23.25% | -123.15% | -75.02% | -72.72% | -51.33% | -45.47% | -46.83% | -30.59% | 181.29% | -48.48% | -23.24% | -64.31% | -29.93% | -75.4% | -42.37% | -6.53% | -6.51% | -55.5% | -51.85% | -17.04% |
| Income Tax | 3.83K | 1.55K | 1.14K | 1.35M | 1.72K | 1.83K | -12.29K | 120.44K | -500.12K | -282.3K | -101.66K | -1.21K | 322.66K | 257.78K | -165.8K | 188.96K | -257.63K | 42.48K | 1.83K | 368.74K |
| Effective Tax Rate % | -0.17% | -0.02% | -0.02% | -12.53% | -0.04% | -0.05% | 0.24% | -1.71% | -1.56% | 4.5% | 2.2% | 0.01% | -4.65% | -2.71% | 2.52% | -12.7% | 12.23% | -0.51% | -0.03% | -8.36% |
| Net Income | -2.24M | -1.66M | -16.23M | -12.11M | -5.5M | -6.47M | -5.95M | -7.21M | 32.12M | -5.99M | -4.51M | -12.86M | -7.26M | -9.8M | -6.4M | -1.68M | -1.85M | -8.47M | -7.17M | -4.8M |
| Net Margin % | -23.41% | -32.71% | -195.32% | -81.73% | -58.72% | -78.3% | -55.31% | -31.29% | 181.85% | -46.3% | -22.7% | -64.31% | -31.32% | -77.55% | -41.21% | -7.4% | -5.71% | -56.25% | -51.77% | -18.57% |
| Net Income Growth % | 59.35% | 74.33% | -172.79% | -67.89% | -117.13% | -7.98% | -31.95% | 43.92% | 542.28% | 38.84% | 29.55% | -663.71% | -293.13% | -15.69% | 10.77% | 64.92% | 43.71% | -27.03% | -45.63% | -49.22% |
| Net Income (Continuing) | -2.23M | -6.25M | -6.24M | -12.13M | -4.81M | -3.76M | -5.03M | -7.17M | 32.52M | -5.99M | -4.52M | -12.86M | -7.26M | -9.78M | -6.41M | -1.68M | -1.85M | -8.4M | -7.19M | -4.78M |
| Discontinued Operations | -10.92K | 1000K | -1000K | -3 | -667.41K | -1000K | -931.89K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 41.71K | 41.71K | 41.71K | 41.71K | 57.69K | 34.64K | 59.83K | 67.12K | 25.2K | 30.99K | 35.58K | 41.84K | 10.93K | -31.73K | -45.27K | -31.01K | -64.16K | -62.37K | -133.57K | -120.46K |
| EPS (Diluted) | -1.10 | -0.78 | -7.17 | -5.36 | -2.60 | -3.00 | -2.77 | -3.40 | 14.80 | -2.80 | -2.20 | -6.20 | -3.60 | -5.00 | -3.40 | -0.92 | -1.06 | -5.00 | -4.20 | -2.80 |
| EPS Growth % | 57.69% | 74% | -158.84% | -57.65% | -117.57% | -7.14% | -25.91% | 45.16% | 511.11% | 44% | 35.29% | -571% | -240.26% | 0% | 19.05% | 67% | 46.19% | -25% | -40% | -44.78% |
| EPS (Basic) | -1.10 | -0.78 | -7.17 | -5.36 | -2.60 | -3.00 | -2.77 | -3.40 | 15.00 | -2.80 | -2.20 | -6.20 | -3.80 | -5.00 | -3.40 | -0.92 | -1.06 | -5.00 | -4.20 | -2.80 |
| Diluted Shares Outstanding | 2.14M | 2.29M | 2.28M | 2.28M | 2.17M | 2.15M | 2.15M | 2.15M | 2.16M | 2.13M | 2.13M | 2.09M | 1.98M | 1.92M | 1.84M | 1.82M | 1.75M | 1.68M | 1.67M | 1.67M |
| Basic Shares Outstanding | 2.14M | 2.29M | 2.28M | 2.28M | 2.17M | 2.15M | 2.15M | 2.15M | 2.14M | 2.13M | 2.13M | 2.09M | 1.94M | 1.92M | 1.84M | 1.82M | 1.75M | 1.68M | 1.67M | 1.67M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |