XCEL BRANDS financials
$0.7128+0.39%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY24 Sep 30 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.9M | $8.3M | $1.77B | $17.8M | $25.8M | $37.9M | $29.4M | $41.7M | $35.5M | $31.7M |
| Gross profit | $4.9M | $7.8M | $501.8M | $10.8M | $17.8M | $27.3M | $24.0M | $31.5M | $32.8M | $31.7M |
| Gross margin | 100.0% | 94.6% | 28.4% | 61.0% | 69.0% | 71.9% | 81.5% | 75.4% | 92.4% | 100.0% |
| Operating income | -$13.2M | -$25.2M | $61.1M | -$19.4M | -$23.7M | -$12.6M | -$16.4M | -$1.3M | $3.9M | -$9.2M |
| Net income | -$17.5M | -$22.4M | $34.9M | -$21.1M | -$4.0M | -$12.2M | -$12.9M | -$3.4M | $1.1M | -$10.1M |
| Net margin | −353.5% | −271.2% | 2.0% | −118.6% | −15.6% | −32.1% | −43.9% | −8.2% | 3.1% | −31.9% |
| Diluted EPS | $-5.08 | $-9.84 | $0.99 | $-10.68 | $-2.00 | $-6.30 | $-6.80 | $-1.80 | $0.60 | $-5.50 |
| EBITDA | -$9.6M | -$16.8M | $93.6M | -$12.3M | -$16.5M | -$4.4M | $2.2M | $8.8M | $6.5M | $4.7M |
| Operating cash flow | -$7.0M | -$4.7M | $111.0M | -$6.5M | -$14.2M | -$6.6M | $3.2M | $3.5M | $6.6M | $4.7M |
| Free cash flow | -$7.0M | -$4.8M | $100.3M | -$6.6M | -$14.4M | -$7.7M | $2.4M | $2.4M | $5.1M | $4.5M |
| Diluted shares | 3.4M | 2.3M | 35.3M | 2.0M | 2.0M | 1.9M | 1.9M | 1.9M | 1.8M | 1.9M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Sep 30 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.1M | $1.3M | $117.3M | $3.0M | $4.6M | $4.5M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — |
| Total debt | $12.7M | $6.6M | $208.8M | $4.7M | $0.00 | $28.0M |
| Total assets | $38.9M | $53.8M | $939.6M | $71.7M | $88.9M | $125.8M |
| Total liabilities | $23.1M | $25.4M | $675.7M | $23.5M | $18.8M | $50.8M |
| Shareholders' equity | $15.8M | $28.4M | $263.9M | $48.2M | $70.1M | $74.9M |
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