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SWKHSWK Holdings Corporation
$15.90$192M
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SWKH logoSWK Holdings Corporation(SWKH)Earnings, Financials & Key Ratios

SWKH•NASDAQ
$15.90
Price updated Jun 20, 2026
SectorFinancial ServicesIndustryAsset ManagementSub-IndustrySpecialty finance and niche asset platforms
AboutSWK Holdings Corporation, a specialty finance company that focuses on the healthcare sector. It operates in two segments, Finance Receivables and Pharmaceutical Development. The company provides customized financing solutions to a range of life science companies, including companies in the biotechnology, medical device, medical diagnostics and related tools, animal health, and pharmaceutical industries, as well as institutions and inventors. It also offers non-discretionary investment advisory services to institutional clients in separately managed accounts to invest in life science finance. In addition, the company engages in the pharmaceutical development, formulation and manufacturing, and licensing business through the Peptelligence platform. Further, it intends to out-license its internal product pipeline to create novel formulations using its proprietary technology to develop treatments for patients and caregivers. The company was formerly known as Kana Software, Inc. and changed its name to SWK Holdings Corporation in December 2009. SWK Holdings Corporation was founded in 1996 and is headquartered in Dallas, Texas.Show more
  • EBITDA$24M+80.6%
  • Net Income-$3M-118.8%
  • EPS (Diluted)-0.21-119.4%
  • Gross Margin95.3%+0.2%
  • EBITDA Margin59.39%+99.4%
  • Operating Margin58.94%+128.9%
  • Net Margin-6.21%-120.7%
  • ROE-0.97%-120.4%

SWKH Price & Volume

SWK Holdings Corporation (SWKH) stock price & volume — 10-year historical chart

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Asset Base Contraction Masks Significant Liquidity Surplus

Investment Thesis • Updated 2025Q4

VerdictNeutral
Growth:Contracting
Profitability:Strained
Financial:Fortress
Cash Flow:Mixed
Primary Risk:Capital Deployment Stagnation

Key Thesis Takeaways

  • SWK Holdings faces a challenging growth environment characterized by a shrinking asset base, which declined from $334.3 million in 2023Q4 to $272.4 million by 2025Q4.
  • While the company maintains a fortress-like balance sheet with a low 0.14 debt-to-equity ratio, the inability to effectively deploy its $42.8 million cash reserve suggests a lack of accretive investment opportunities in the current life science market.
  • Investors should monitor whether management can pivot from capital returns, such as the $49.1 million dividend paid in 2025Q2, toward sustainable revenue growth to justify the current valuation.

Verdict Logic

while the stock trades at a 0.82 price-to-book ratio, the persistent asset base shrinkage and lack of clear reinvestment strategy warrant caution until capital deployment velocity improves.

SWKH Growth Metrics

SWK Holdings Corporation (SWKH) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years5.68%
5 Years2.11%
3 Years-0.59%
TTM-

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-118.78%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-118.82%

Return on Capital

10 Years6.99%
5 Years6.28%
3 Years5.44%
Last Year8.09%

SWKH Recent Earnings

SWK Holdings Corporation (SWKH) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 5/12 qtrs (42%)●Beat Revenue 5/12 qtrs (56%)
Q2 2026Latest
Mar 20, 2026
Metric
Actual
Est
EPS
$1.59-402.9%
$0.53
Rev
$8M+0.0%
$8M
Q4 2025
Nov 6, 2025
Metric
Actual
Est
EPS
$0.59+13.5%
$0.52
Rev
$11M
—
Q3 2025
Aug 14, 2025
Metric
Actual
Est
EPS
$0.38+11.8%
$0.34
Rev
$10M
—
Q2 2025
May 15, 2025
Metric
Actual
Est
EPS
$0.66+127.6%
$0.29
Rev
$12M
—
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMar 20, 2026
$1.59vs $0.53-402.9%
$8Mvs $8M+0.0%
Q4 2025Nov 6, 2025
$0.59vs $0.52+13.5%
$11M
Q3 2025Aug 14, 2025
$0.38vs $0.34+11.8%
$10M
Q2 2025May 15, 2025
$0.66vs $0.29+127.6%
$12M
Based on last 12 quarters of dataView full earnings history →

Latest SWKH News

Recent stock market news and headlines for SWK Holdings Corporation (SWKH)

Zacks Investment Research·4 days ago
Will Stanley Black & Decker (SWK) Beat Estimates Again in Its Next Earnings Report?

Stanley Black & Decker (SWK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Zacks Investment Research·Jun 26, 2026
Here's Why Stanley Black & Decker (SWK) is a Strong Value Stock

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Zacks Investment Research·Jun 24, 2026
Why Stanley Black & Decker (SWK) is a Top Momentum Stock for the Long-Term

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Peers Comparison

Key metrics vs top competitors for SWK Holdings Corporation (SWKH)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
SWKH logoSWKHSWK Holdings CorporationCurrent
$15.90$192.33M-75.71-9.4%-6.21%-0.97%—
HRZN logoHRZNHorizon Technology Finance Corporation
$4.64$204.76M4.4217.91%37.39%8.95%—
TPVG logoTPVGTriplePoint Venture Growth BDC Corp.
$4.75$192.85M3.8936.55%-19.55%-3.39%—
LMFA logoLMFALM Funding America, Inc.
$0.15$2.58M-0.05-20.07%-264.63%-101.15%—
PFLT logoPFLTPennantPark Floating Rate Capital Ltd.
$7.19$713.38M9.992.2%34.83%5.84%—
CSWC logoCSWCCapital Southwest Corporation
$23.51$1.46B12.3750.13%50.89%11.68%—

Compare SWKH vs Peers

SWK Holdings Corporation (SWKH) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs HRZN

Most directly comparable listed peer for SWKH.

Scale Benchmark

vs RPRX

Larger-name benchmark to compare SWKH against a more recognizable public peer.

Peer Set

Compare Top 5

vs HRZN, TPVG, LMFA, PFLT

SWKH SEC Filings & Documents

SWK Holdings Corporation (SWKH) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 6, 2026·SEC

Material company update

Mar 31, 2026·SEC

Material company update

Feb 13, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 20, 2026·SEC

FY 2025

Mar 20, 2025·SEC

FY 2024

Mar 20, 2024·SEC

10-Q Quarterly Reports

6
FY 2025

Nov 6, 2025·SEC

FY 2025

Aug 14, 2025·SEC

FY 2025

May 15, 2025·SEC

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SWKH Frequently Asked Questions

SWK Holdings Corporation (SWKH) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is SWK Holdings Corporation's revenue?

SWK Holdings Corporation (SWKH) reported $40.8M in revenue for fiscal year 2025.

How fast is SWK Holdings Corporation growing?

SWK Holdings Corporation (SWKH) saw revenue decline by 9.4% over the past year.

Is SWKH profitable?

SWK Holdings Corporation (SWKH) reported a net loss of $2.5M for fiscal year 2025.

Dividend & Returns
What is SWKH's return on equity?

SWK Holdings Corporation (SWKH) has a return on equity (ROE) of -1.0%. Negative ROE indicates the company is unprofitable.

What is SWK Holdings Corporation's free cash flow?

SWK Holdings Corporation (SWKH) generated $26.8M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in SWKH back in 1998?

Total return calculator · dividends reinvested · 28+ years of data

See returns →