Blackboxstocks Inc (BLBX) Financials

BLBX

Trailing 12 months to March 31, 2026

Revenue $2.6M +1.8% YoY

Net Income -$109.4M -2415.3% YoY

Operating Cash Flow -$13.4M -1797.7% YoY

Gross Profit $1.3M +22.8% YoY

Source SEC Filings (10-K/10-Q) Latest period Q1 FY2026, ended Mar 31, 2026 Reported May 20, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q1 FY2026, filed May 20, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BLBX SEC filings page.

Blackboxstocks Inc (BLBX) reported $2.6M in revenue over the twelve months to Mar 31, 2026, up 1.8% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 13 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI BLBX FY2025 2026-08-26

Balance-sheet expansion and restored equity coexist with persistent operating losses, making financing structure more informative than margins.

The balance sheet shifted from $9.9M of assets in FY2024 to $93.4M in FY2025, while equity flipped from negative to positive, indicating a major structural change rather than an operating turnaround. Operating cash flow remained negative at -$3.2M even as the current ratio reached 5.4x, so improved short-term coverage was not matched by cash-generating operations.

Gross margin recovered to 48.0% in FY2025, but operating margin remained deeply negative at -165.7%, indicating overhead absorbs far more than gross profit. FY2025 SG&A was $4.5M against $1.2M of gross profit, leaving little conversion from revenue into operating earnings.

FY2025 operating cash flow of -$3.2M was nearly offset by $3.2M of financing inflow, indicating that reported liquidity depended on financing activity rather than internal cash generation. Although the current ratio is 5.4x, current liabilities of $7.2M represent only part of total liabilities of $56.0M, so the ratio does not describe the full liability load.

Financial Health Signals

Financial health score not available

Blackboxstocks Inc does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Altman Z-Score Distress

-0.09

Blackboxstocks Inc scores -0.09, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($78.1M) relative to total liabilities ($56.0M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

4/8

Blackboxstocks Inc passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality No Cash Backing

N/A

Blackboxstocks Inc reported a net loss of $4.4M while operations used $3.2M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Interest Coverage At Risk

N/A

Blackboxstocks Inc reported an operating loss of $4.0M against $118K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

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Earnings & Revenue

Revenue

$706K

YoY+20.3%

QoQ+12.4%

5Y CAGR-13.9%

Blackboxstocks Inc generated $706K in revenue in Q1 2026. This represents an increase of 20.3% from the same quarter a year earlier. Against the prior quarter it is up 12.4%.

EBITDA

-$87.6M

YoY-10000.3%

QoQ-5455.0%

Blackboxstocks Inc's EBITDA was -$87.6M in Q1 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 10000.3% from the same quarter a year earlier. Against the prior quarter it is down 5455.0%.

Net Income

-$106.7M

YoY-6026.2%

QoQ-15271.9%

Blackboxstocks Inc reported -$106.7M in net income in Q1 2026. This represents a decrease of 6026.2% from the same quarter a year earlier. Against the prior quarter it is down 15271.9%.

EPS (Diluted)

-$1.98

Blackboxstocks Inc earned -$1.98 per diluted share (EPS) in Q1 2026.

Cash & Balance Sheet

Free Cash Flow

-$10.6M

YoY-2897.7%

Blackboxstocks Inc recorded an outflow of $10.6M in free cash flow in Q1 2026, representing a cash shortfall after capex. This represents a decrease of 2897.7% from the same quarter a year earlier.

Cash & Debt

$50.0M

YoY+8199.8%

QoQ+1672.2%

5Y CAGR+114.0%

10Y CAGR+126.7%

Blackboxstocks Inc held $50.0M in cash against $154K in long-term debt as of Q1 2026.

Shares Outstanding

5Y CAGR-12.2%

10Y CAGR-13.9%

Blackboxstocks Inc had 4M shares outstanding in Q1 2026.

Dividends Per Share

Not reported for Q1 2026.

Margins & Returns

Gross Margin

57.6%

YoY+16.1pp

QoQ-2.9pp

5Y CAGR-15.8pp

Blackboxstocks Inc's gross margin was 57.6% in Q1 2026, indicating the percentage of revenue retained after direct costs. This is up 16.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.9 percentage points.

Return on Equity

-105.1%

QoQ-103.1pp

Blackboxstocks Inc's ROE was -105.1% in Q1 2026, measuring profit generated per dollar of shareholder equity. Against the prior quarter it is down 103.1 percentage points.

Operating Margin

Not shown for Q1 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.

Net Margin

Not shown for Q1 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.

Capital Allocation

Capital Expenditures

$2K

Blackboxstocks Inc invested $2K in capex in Q1 2026, funding long-term assets and infrastructure.

R&D Spending

Not reported for Q1 2026.

Share Buybacks

Not reported for Q1 2026.

BLBX Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BLBX quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13
Revenue	$2.6M	$2.4M-5.3%	$2.6M-17.4%	$3.1M-37.4%	$5.0M-18.9%	$6.1M+81.5%	$3.4M+216.9%	$1.1M+53.4%	$693K-23.9%	$911K+862.0%	$95K	$0	N/A	$0
Cost of Revenue	$1.6M	$1.3M-12.0%	$1.4M-13.7%	$1.7M-19.9%	$2.1M+12.4%	$1.9M+54.1%	$1.2M+72.8%	$695K+7.7%	$645K+19.0%	$542K+594.4%	$78K	N/A	N/A	N/A
Gross Profit	$1.3M	$1.2M+3.2%	$1.1M-21.5%	$1.4M-50.0%	$2.9M-32.5%	$4.3M+96.7%	$2.2M+489.5%	$367K+673.9%	$47K-87.1%	$369K+2120.9%	$17K	$0	N/A	N/A
SG&A Expenses	$89.0M	$4.5M+26.2%	$3.6M-30.6%	$5.1M+8.7%	$4.7M+2.3%	$4.6M+161.9%	$1.8M+69.5%	$1.0M+11.6%	$933K-16.0%	$1.1M+122.3%	$500K+109.9%	$238K	N/A	N/A
Operating Income	-$90.8M	-$4.0M-21.7%	-$3.3M+37.5%	-$5.3M-16.5%	-$4.5M-99.6%	-$2.3M-451.9%	-$413K+58.9%	-$1.0M+9.2%	-$1.1M+12.2%	-$1.3M-55.8%	-$809K-91.0%	-$423K-1653.4%	-$24K-96.5%	-$12K
EBITDA	N/A	-$4.0M-22.2%	-$3.3M+37.3%	-$5.3M-16.2%	-$4.5M-100.3%	-$2.3M-464.8%	-$400K+59.5%	-$987K+9.0%	-$1.1M+13.1%	-$1.2M-55.3%	-$803K-89.7%	-$423K	N/A	N/A
Interest Expense	N/A	$118K+44598.5%	$263	N/A	N/A	N/A	N/A	N/A	$45K+2503.3%	$2K-53.1%	$4K	$0	N/A	N/A
Income Tax	N/A	$0	$0	$0	$0	$0	$0	N/A	N/A	$0	$0	N/A	N/A	N/A
Net Income	-$109.4M	-$4.4M-27.5%	-$3.5M+25.6%	-$4.7M+7.1%	-$5.0M-91.9%	-$2.6M-637.0%	-$355K+88.1%	-$3.0M-159.0%	-$1.2M+8.7%	-$1.3M-55.3%	-$812K-91.8%	-$423K-1724.4%	-$23K-88.9%	-$12K
EPS (Basic)	N/A	-$1.17-13.6%	-$1.03+29.0%	-$1.45+4.6%	-$1.52-463.0%	-$0.27-575.0%	-$0.04+89.5%	-$0.38-153.3%	-$0.15-200.0%	-$0.05-25.0%	-$0.04-100.0%	-$0.02	N/A	N/A

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'25	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'24
Revenue	$706K+20.3%	$628K+7.4%	$697K+7.6%	$519K-24.2%	$587K-9.6%	$585K-25.1%	$648K-11.1%	$685K-7.1%
Cost of Revenue	$299K	$591K+37.4%	$323K+10.0%	$352K-1.3%	$0-100.0%	$430K-7.3%	$293K-10.5%	$356K-16.6%
Gross Profit	$407K+66.8%	$381K+145.5%	$374K+5.6%	$167K-49.1%	$244K-16.3%	$155K-51.2%	$354K-11.5%	$329K+5.9%
SG&A Expenses	$85.4M+9750.3%	$1.9M+122.2%	$656K-26.4%	$1.1M+20.5%	$867K-4.3%	$833K-21.1%	$891K-6.9%	$938K-30.5%
Operating Income	-$87.7M-10010.4%	-$1.6M-78.2%	-$439K+40.2%	-$1.1M-38.6%	-$867K-0.4%	-$886K+15.6%	-$734K+15.5%	-$825K+42.4%
EBITDA	-$87.6M-10000.3%	-$1.6M-78.3%	-$438K+40.2%	-$1.1M-38.9%	-$867K-1.3%	-$884K+14.9%	-$732K+14.7%	-$822K+42.1%
Interest Expense	$8K-91.2%	N/A	N/A	N/A	$91K	N/A	N/A	N/A
Income Tax	N/A	$0	$0	$0	$0	$0	$0	$0
Net Income	-$106.7M-6026.2%	-$694K+26.8%	-$721K+7.7%	-$1.3M-44.6%	-$1.7M-101.7%	-$949K-42.1%	-$781K-16.2%	-$878K+38.4%
EPS (Basic)	-$1.98-3860.0%	N/A	-$0.19+13.6%	-$0.35-29.6%	-$0.05+81.5%	N/A	-$0.22-4.8%	-$0.27+40.0%
EPS (Diluted)	-$1.98	N/A	N/A	N/A	-$0.05	N/A	N/A	N/A
Diluted Shares (Avg)	54M	N/A	N/A	N/A	33M	N/A	N/A	N/A

Not reported in any period shown, so not listed: R&D Expenses.

BLBX Balance Sheet

BLBX quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13
Total Assets	$93.4M+844.2%	$9.9M+0.6%	$9.8M+126.7%	$4.3M-61.1%	$11.2M+863.0%	$1.2M+312.6%	$281K+33.7%	$210K-25.1%	$280K-73.0%	$1.0M+343.3%	$234K+16.7%	$201K+2010.8%	$10K
Current Assets	$38.5M+3186.8%	$1.2M+16.4%	$1.0M-74.2%	$3.9M-63.5%	$10.7M+882.0%	$1.1M+3948.8%	$27K-15.1%	$32K-87.5%	$253K-75.2%	$1.0M+367.0%	$219K+9.0%	$201K	N/A
Cash & Equivalents	$2.8M+2399.1%	$113K-76.1%	$473K+11.1%	$426K-82.5%	$2.4M+149.4%	$973K+4494.9%	$21K-24.4%	$28K+243.4%	$8K-98.8%	$704K+1067.2%	$60K-69.9%	$201K+2010.8%	$10K
Inventory	$0-100.0%	$3K0.0%	$3K-77.6%	$15K+14.0%	$14K-23.2%	$18K	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$730K+10015.0%	$7K-60.4%	$18K-69.4%	$60K+220.8%	$19K+3.3%	$18K+213.1%	$6K+54.5%	$4K-27.2%	$5K+226.2%	$2K	$0	N/A	N/A
Long-Term Investments	$8.4M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$2.1M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$56.0M+270.7%	$15.1M+497.3%	$2.5M+17.3%	$2.2M-35.2%	$3.3M+14.3%	$2.9M-19.4%	$3.6M+166.8%	$1.4M+200.1%	$452K+402.4%	$90K+208.6%	$29K-78.0%	$133K+1958.4%	$6K
Current Liabilities	$7.2M+67.6%	$4.3M+91.2%	$2.2M+20.5%	$1.9M-36.7%	$2.9M+46.5%	$2.0M-43.7%	$3.6M+161.9%	$1.4M+200.1%	$452K+402.4%	$90K+208.6%	$29K-78.0%	$133K	N/A
Non-Current Liabilities	$48.9M+21271.6%	$229K-23.5%	$299K-2.1%	$305K-24.4%	$404K-55.9%	$916K+1273.6%	$67K	$0	$0	$0	$0	$0	N/A
Long-Term Debt	$154K	N/A	N/A	N/A	N/A	$890K	$0	N/A	$0	N/A	N/A	N/A	N/A
Total Equity	$35.8M+785.4%	-$5.2M-171.6%	$7.3M+235.1%	$2.2M-72.1%	$7.8M+544.7%	-$1.8M+47.3%	-$3.3M-191.2%	-$1.1M-567.9%	-$172K-118.1%	$948K+362.4%	$205K+201.5%	$68K+2121.2%	$3K
Retained Earnings	-$81.1M-253.4%	-$23.0M-17.8%	-$19.5M-31.5%	-$14.8M-51.2%	-$9.8M-36.4%	-$7.2M-5.2%	-$6.8M-77.6%	-$3.8M-42.7%	-$2.7M-88.1%	-$1.4M-130.9%	-$621K-214.9%	-$197K-888.2%	-$20K

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'25	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'24
Total Assets	$130.5M+1174.4%	$93.4M+844.2%	$8.8M-11.4%	$9.9M0.0%	$10.2M+13.3%	$9.9M+0.6%	$10.0M+3.9%	$9.9M-3.1%
Current Assets	$73.5M+4682.4%	$38.5M+3186.8%	$154K-87.3%	$1.2M+6.4%	$1.5M+555.5%	$1.2M+16.4%	$1.2M+50.5%	$1.1M-19.3%
Cash & Equivalents	$50.0M+8199.8%	$2.8M+2399.1%	$93K+53.0%	$38K-96.4%	$603K+424.5%	$113K-76.1%	$61K-86.9%	$1.1M+287.2%
Inventory	$3K-13.4%	$0-100.0%	$3K0.0%	$3K0.0%	$3K0.0%	$3K0.0%	$3K0.0%	$3K-77.6%
Accounts Receivable	$1.3M+15492.3%	$730K+10015.0%	$14K+260.0%	$155-99.1%	$8K-50.4%	$7K-60.4%	$4K-95.4%	$17K-94.0%
Goodwill	$2.1M	$2.1M	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$28.9M+151.1%	$56.0M+270.7%	$4.0M+9.6%	$6.3M+53.3%	$11.5M+362.4%	$15.1M+497.3%	$3.7M+113.0%	$4.1M+124.8%
Current Liabilities	$14.6M+172.1%	$7.2M+67.6%	$3.9M+12.4%	$6.1M+58.8%	$5.4M+142.8%	$4.3M+91.2%	$3.4M+130.0%	$3.8M+145.0%
Non-Current Liabilities	$14.3M+6618.7%	$48.9M+21271.6%	$174K-29.3%	$193K-26.6%	$213K-24.4%	$229K-23.5%	$246K+5.0%	$263K+1.8%
Long-Term Debt	$154K	$154K	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$101.6M+8103.8%	$35.8M+785.4%	$4.8M-23.8%	$3.6M-37.9%	-$1.3M-119.4%	-$5.2M-171.6%	$6.3M-20.1%	$5.8M-31.0%
Retained Earnings	-$187.8M-689.7%	-$81.1M-253.4%	-$25.8M-17.1%	-$25.1M-18.0%	-$23.8M-16.9%	-$23.0M-17.8%	-$22.0M-17.0%	-$21.2M-17.0%

Not reported in any period shown, so not listed: Short-Term Investments, Long-Term Investments.

BLBX Cash Flow Statement

BLBX quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13
Operating Cash Flow	-$13.4M	-$3.2M-347.8%	-$706K+77.7%	-$3.2M+26.1%	-$4.3M-537.2%	-$672K-568.4%	$144K+120.2%	-$711K-50.5%	-$472K+31.7%	-$692K+19.8%	-$862K-25.9%	-$685K-2334.0%	-$28K-381.1%	-$6K
Depreciation & Amortization	N/A	$5K-66.5%	$16K-63.1%	$43K+91.0%	$23K+15.2%	$20K+53.1%	$13K-29.0%	$18K-19.4%	$23K+86.3%	$12K+126.5%	$5K	$0	N/A	N/A
Stock-Based Compensation	N/A	$1.4M+270.3%	$369K-74.6%	$1.5M+201.4%	$482K-29.5%	$685K	$0	$0	$0	$0	$0	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	$0-100.0%	$3K-96.0%	$66K+3.2%	$64K+4820.1%	$1K-18.1%	$2K-94.5%	$29K+27.4%	$23K+248.3%	$7K	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	-$706K+77.7%	-$3.2M+27.2%	-$4.4M-490.8%	-$736K-617.6%	$142K+120.0%	-$713K-42.2%	-$501K+29.9%	-$715K+17.8%	-$869K	N/A	N/A	N/A
Investing Cash Flow	$396K	$0+100.0%	-$1.1M-133.5%	$3.3M-25.8%	$4.4M+154.6%	-$8.1M-94751.4%	$9K+637.1%	-$2K+94.5%	-$29K-27.4%	-$23K-248.3%	-$7K+56.5%	-$15K	N/A	N/A
Financing Cash Flow	$59.7M	$3.2M+136.3%	$1.3M+2488.6%	-$56K+97.3%	-$2.1M-120.8%	$10.2M+1175.0%	$800K+13.3%	$706K+35.4%	$521K+2620.8%	$19K-98.7%	$1.5M+170.1%	$560K+2883.3%	$19K+22.3%	$15K
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$80K-20.0%	$100K-59.2%	-$245K	N/A	N/A

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'25	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'24
Operating Cash Flow	-$10.6M-2897.2%	-$510K-1994.1%	-$956K-16454.0%	-$1.3M-302.5%	-$352K+0.5%	-$24K-173.2%	$6K+101.2%	-$333K+77.3%
Depreciation & Amortization	$87K	$3K+21.7%	$1K-51.3%	$2K-47.6%	$0-100.0%	$2K-81.2%	$3K-77.2%	$3K-71.6%
Stock-Based Compensation	$81.8M	N/A	N/A	N/A	$0-100.0%	N/A	N/A	N/A
Capital Expenditures	$2K	N/A	N/A	N/A	$0	$0	$0-100.0%	N/A
Free Cash Flow	-$10.6M-2897.7%	N/A	N/A	N/A	-$352K	-$24K-173.2%	$6K+101.2%	N/A
Investing Cash Flow	$396K	$0	$0+100.0%	$0	$0-100.0%	$0+100.0%	-$1.1M-261.7%	$0-100.0%
Financing Cash Flow	$57.4M+6722.6%	$456K+2438.7%	$1.0M+915.0%	$874K-31.4%	$841K+11733.7%	-$20K+0.3%	$100K+1484.8%	$1.3M+5770.4%

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

BLBX Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BLBX quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13
Gross Margin	48.0%+4.0pp	44.0%-2.4pp	46.4%-11.7pp	58.0%-11.7pp	69.7%+5.4pp	64.3%+29.7pp	34.6%+27.7pp	6.9%-33.6pp	40.5%+22.9pp	17.5%	N/A	N/A	N/A
Operating Margin	-165.7%	-128.9%	-170.6%	-91.7%-54.4pp	-37.3%-25.0pp	-12.3%+82.3pp	-94.6%	-159.8%	-138.4%	-854.2%	N/A	N/A	N/A
Net Margin	-182.1%	-135.2%	-150.2%	-101.2%	-42.8%-32.3pp	-10.5%	-280.8%	-166.3%	-138.5%	-858.1%	N/A	N/A	N/A
Return on Equity	-12.3%	N/A	-63.9%+166.6pp	-230.5%-197.1pp	-33.5%	N/A	N/A	N/A	N/A	-85.7%+120.9pp	-206.7%-172.5pp	-34.2%+367.5pp	-401.7%
Return on Assets	-4.7%+30.4pp	-35.1%+12.4pp	-47.5%+68.3pp	-115.8%-92.3pp	-23.5%+7.2pp	-30.6%+1032.4pp	-1063.1%-514.3pp	-548.8%-98.7pp	-450.2%-371.9pp	-78.3%+102.6pp	-180.9%-169.3pp	-11.6%+117.8pp	-129.4%
Current Ratio	5.39+5.1x	0.27-0.2x	0.45-1.7x	2.11-1.5x	3.65+3.1x	0.55+0.5x	0.010.0x	0.02-0.5x	0.56-10.8x	11.35+3.8x	7.50+6.0x	1.51	N/A
Debt-to-Equity	0.00	N/A	0.35-0.6x	0.99+0.6x	0.43	N/A	N/A	N/A	N/A	0.090.0x	0.14-1.8x	1.95-0.2x	2.10
Asset Turnover	0.03-0.2x	0.26-0.1x	0.32-0.8x	1.14+0.6x	0.55-2.4x	2.91-0.9x	3.79+0.5x	3.30+0.1x	3.25+3.2x	0.09+0.1x	0.00	N/A	0.00
FCF Margin	N/A	-27.5%	-102.0%	-87.7%-75.7pp	-12.0%-16.3pp	4.2%+71.3pp	-67.1%+5.3pp	-72.4%+6.1pp	-78.5%	-917.9%	N/A	N/A	N/A

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'25	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'24
Gross Margin	57.6%+16.1pp	60.6%+34.1pp	53.7%-1.0pp	32.2%-15.8pp	41.6%-3.3pp	26.5%-14.1pp	54.7%-0.3pp	48.0%+5.9pp
Operating Margin	-12416.0%	-251.3%	-63.0%	-220.4%	-147.7%	-151.5%	-113.3%	-120.5%
Net Margin	-15115.9%	-110.5%	-103.4%	-244.7%	-296.7%	-162.2%	-120.5%	-128.2%
Return on Equity	-105.1%	-1.9%	-15.1%-2.6pp	-35.4%-20.2pp	N/A	N/A	-12.4%-3.9pp	-15.2%+1.8pp
Return on Assets	-81.8%-64.8pp	-0.7%+8.8pp	-8.2%-0.3pp	-12.8%-4.0pp	-17.0%-7.5pp	-9.6%-2.8pp	-7.8%-0.8pp	-8.9%+5.1pp
Current Ratio	5.04+4.8x	5.39+5.1x	0.04-0.3x	0.20-0.1x	0.29+0.2x	0.27-0.2x	0.36-0.2x	0.29-0.6x
Debt-to-Equity	0.00	0.00	0.84+0.3x	1.76+1.0x	N/A	N/A	0.59+0.4x	0.71+0.5x
Asset Turnover	0.01-0.1x	0.01-0.1x	0.080.0x	0.050.0x	0.060.0x	0.060.0x	0.070.0x	0.070.0x
FCF Margin	-1494.6%	N/A	N/A	N/A	-60.0%	-4.2%-8.4pp	0.9%+67.1pp	N/A

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Blackboxstocks Inc BLBX	FY2025	$2.4M	-$4.4M	N/A	$78.1M	—
SAGTEC GLOBAL LTD SAGT	FY2025	$19.1M	$1.8M	9.4%	$12.1M	46/100
Intelligent Protection Management Corp IPM	FY2025	$23.6M	-$2.0M	-8.3%	$23.9M	67/100
Creative Realities Inc CREX	FY2025	$57.2M	-$8.3M	-14.5%	$35.7M	24/100
HEARTCORE ENTERPRISES INC HTCR	FY2025	$9.0M	$5.8M	64.6%	$3.6M	37/100
MMTEC INC MTC	FY2025	$808K	-$56.1M	N/A	$382.9M	—

Where Blackboxstocks Inc Ranks

Frequently Asked Questions

What is Blackboxstocks Inc's annual revenue?

Blackboxstocks Inc (BLBX) reported $2.4M in total revenue for fiscal year 2025. This represents a -5.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Blackboxstocks Inc's revenue growing?

Blackboxstocks Inc (BLBX) revenue declined by 5.3% year-over-year, from $2.6M to $2.4M in fiscal year 2025.

Is Blackboxstocks Inc profitable?

No, Blackboxstocks Inc (BLBX) reported a net income of -$4.4M in fiscal year 2025.

What is Blackboxstocks Inc's EBITDA?

Blackboxstocks Inc (BLBX) had EBITDA of -$4.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Blackboxstocks Inc have?

As of fiscal year 2025, Blackboxstocks Inc (BLBX) had $2.8M in cash and equivalents against $154K in long-term debt.

What is Blackboxstocks Inc's gross margin?

Blackboxstocks Inc (BLBX) had a gross margin of 48.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Blackboxstocks Inc's return on equity (ROE)?

Blackboxstocks Inc (BLBX) has a return on equity of -12.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Blackboxstocks Inc's operating cash flow?

Blackboxstocks Inc (BLBX) recorded an outflow of $3.2M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

What are Blackboxstocks Inc's total assets?

Blackboxstocks Inc (BLBX) had $93.4M in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does Blackboxstocks Inc have outstanding?

Blackboxstocks Inc (BLBX) had 49M shares outstanding as of fiscal year 2025.

What is Blackboxstocks Inc's current ratio?

Blackboxstocks Inc (BLBX) had a current ratio of 5.39 as of fiscal year 2025, which is generally considered healthy.

What is Blackboxstocks Inc's debt-to-equity ratio?

Blackboxstocks Inc (BLBX) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Blackboxstocks Inc's return on assets (ROA)?

Blackboxstocks Inc (BLBX) had a return on assets of -4.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Blackboxstocks Inc's Altman Z-Score?

Blackboxstocks Inc (BLBX) has an Altman Z-Score of -0.09, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Blackboxstocks Inc's Piotroski F-Score?

Blackboxstocks Inc (BLBX) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Blackboxstocks Inc's earnings high quality?

Blackboxstocks Inc (BLBX) reported a net loss of $4.4M while operations used $3.2M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Blackboxstocks Inc cover its interest payments?

Blackboxstocks Inc (BLBX) reported an operating loss of $4.0M against $118K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.