NASDAQ · INCR

Intercure financials

$5.23+2.75%
Close Sep 29, 2026 · split-adjusted

Revenue

Net income

Income statement & cash flow

Fiscal yearFY25
Dec 31
FY24
Dec 31
FY23
Dec 31
FY22
Dec 31
FY21
Dec 31
Revenue$270.2M$238.8M$355.6M$388.7M$219.7M
Gross profit$33.2M$30.2M$105.1M$155.1M$91.1M
Gross margin12.3%12.7%29.6%39.9%41.5%
Operating income-$27.2M-$67.2M-$41.6M$50.6M$28.2M
Net income-$35.7M-$67.8M-$62.0M$44.8M$4.7M
Net margin−13.2%−28.4%−17.4%11.5%2.1%
Diluted EPS$-3.30$-7.40$-6.80$4.95$0.55
EBITDA-$8.1M-$52.2M-$27.7M$62.5M$37.4M
Operating cash flow$16.8M-$66.9M-$53.6M$51.3M$30.1M
Free cash flow$13.3M-$71.3M-$56.3M$31.5M$16.1M
Diluted shares10.7M9.2M9.1M9.1M7.8M

Balance sheet

Period endDec 31Dec 31Dec 31Dec 31Dec 31
Cash & equivalents$46.5M$78.3M$101.1M$232.6M$196.2M
Short-term investments$209.0K$333.0K$187.0K$205.0K$0.00
Total debt$191.7M$225.2M$225.5M$227.7M$82.4M
Total assets$690.6M$762.6M$786.6M$958.0M$696.5M
Total liabilities$294.2M$364.9M$329.6M$436.5M$227.1M
Shareholders' equity$396.4M$397.7M$457.1M$521.5M$469.4M

From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology