Tema Photonics & Optical ETF financials
$43.23−3.70%
Close Sep 28, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 |
|---|---|---|---|---|---|---|
| Revenue | $66.0M | $75.4M | $69.8M | $40.7M | $31.9M | $14.0M |
| Gross profit | -$78.2M | -$25.7M | -$72.7M | -$60.3M | -$14.1M | -$11.0M |
| Gross margin | −118.5% | −34.1% | −104.2% | −148.1% | −44.3% | −78.9% |
| Operating income | -$296.8M | -$435.0M | -$563.3M | -$442.4M | -$214.6M | -$86.9M |
| Net income | -$378.1M | -$273.1M | -$571.3M | -$445.9M | -$238.0M | -$369.1M |
| Net margin | −572.8% | −362.3% | −818.7% | −1095.7% | −745.0% | −2645.4% |
| Diluted EPS | $-6.33 | $-8.70 | $-22.02 | $-18.79 | $-10.35 | $-38.10 |
| EBITDA | -$241.4M | -$393.4M | -$521.2M | -$435.8M | -$206.7M | -$84.4M |
| Operating cash flow | -$196.5M | -$276.6M | -$247.3M | -$208.2M | -$148.4M | -$75.6M |
| Free cash flow | -$198.5M | -$281.7M | -$269.2M | -$226.3M | -$154.9M | -$77.8M |
| Diluted shares | 59.7M | 31.4M | 25.9M | 23.7M | 23.1M | 9.7M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $20.3M | $82.8M | $139.1M | $69.6M | $330.0M | $208.9M |
| Short-term investments | $2.6M | $99.8M | $150.7M | $419.3M | $462.1M | $276.7M |
| Total debt | $110.9M | $500.5M | $615.4M | $612.2M | $609.0M | $401.0K |
| Total assets | $131.3M | $365.2M | $512.4M | $687.3M | $883.5M | $510.4M |
| Total liabilities | $608.3M | $586.0M | $736.0M | $710.7M | $654.3M | $18.2M |
| Shareholders' equity | -$477.0M | -$220.8M | -$223.7M | -$23.4M | $229.2M | $492.1M |
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