Cheer Holding, Inc. (CHR) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Mar 20, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CHR SEC filings page.
Cheer Holding, Inc. (CHR) reported $148.8M in revenue for fiscal year 2025, up 1.1% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 8 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).
Cheer Holding remains profitable on nearly flat revenue, but expanding assets and weaker cash conversion point to a less efficient operating model.
Revenue was essentially flat from FY2021 to FY2025, but total assets more than doubled; return on assets fell from18.1% to6.4% , indicating capital accumulation without matching earnings productivity.
Gross margin narrowed from
FY2025 net income of
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Cheer Holding, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Cheer Holding, Inc. has an operating margin of 17.7%, meaning the company retains $18 of operating profit per $100 of revenue. This strong profitability earns a score of 84/100, reflecting efficient cost management and pricing power. This is up from 17.4% the prior year.
Cheer Holding, Inc.'s revenue grew a modest 1.1% year-over-year to $148.8M. This slow but positive growth earns a score of 27/100.
Cheer Holding, Inc. carries a low D/E ratio of 0.09, meaning only $0.09 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 81/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 11.53, Cheer Holding, Inc. holds $11.53 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 98/100.
Cheer Holding, Inc.'s ROE of 6.9% shows moderate profitability relative to equity, earning a score of 59/100. This is down from 8.5% the prior year.
Cheer Holding, Inc. scores 2.47, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Cheer Holding, Inc. passes 3 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Cheer Holding, Inc. generates $0.70 in operating cash flow ($17.9M OCF vs $25.6M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Cheer Holding, Inc. earns $71.83 in operating income for every $1 of interest expense ($26.3M vs $366K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
Cheer Holding, Inc. held $242.1M in cash as of Q4 2025; long-term debt is not reported for that period.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
CHR 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.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
CHR Balance Sheet
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.
| Metric | Q4'2520-F | Q2'2510-Q | Q4'2420-F | Q2'2410-Q | Q4'2310-K | Q2'2310-Q | Q4'2210-K | Q4'2110-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $401.7M+15.9% | $362.7M+8.9% | $346.6M+5.8% | $333.2M+25.1% | $327.6M+59.1% | $266.3M | $206.0M+5.5% | $195.2M+36.1% |
| Current Assets | $366.6M+20.0% | $323.5M+3.0% | $305.6M-0.4% | $314.0M+27.1% | $306.9M+66.9% | $247.0M | $183.8M+19.7% | $153.5M+48.9% |
| Cash & Equivalents | $242.1M+22.5% | $203.2M+9.2% | $197.7M+1.6% | $186.1M+22.1% | $194.5M+176.0% | $152.4M | $70.5M-8.8% | $77.3M+336.0% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0-100.0% |
| Accounts Receivable | $79.7M+3.4% | $86.2M+8.0% | $77.1M-5.0% | $79.8M+18.8% | $81.2M-17.2% | $67.2M | $98.0M+55.3% | $63.1M-22.2% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $31.9M-23.1% | $40.6M-13.9% | $41.5M-12.8% | $47.1M+40.8% | $47.6M+42.3% | $33.4M | $33.5M-6.3% | $35.7M-8.3% |
| Current Liabilities | $31.8M-20.3% | $39.0M-14.1% | $39.9M-13.7% | $45.5M+36.8% | $46.2M+40.5% | $33.2M | $32.9M-4.8% | $34.6M-2.3% |
| Non-Current Liabilities | $134K-91.7% | $1.5M-6.2% | $1.6M+15.1% | $1.6M+716.7% | $1.4M+152.8% | $198K | $557K-51.6% | $1.2M-68.0% |
| Long-Term Debt | N/A | N/A | N/A | N/A | $1.4M | N/A | N/A | N/A |
| Total Equity | $369.7M+21.2% | $322.1M+12.6% | $305.0M+9.0% | $286.1M+22.9% | $279.9M+62.3% | $232.8M | $172.4M+8.5% | $158.9M+52.8% |
| Retained Earnings | $232.7M+12.4% | $214.9M+11.0% | $207.1M+14.3% | $193.6M+21.4% | $181.2M+20.2% | $159.4M | $150.7M+21.5% | $124.0M+38.9% |
Not reported in any period shown, so not listed: Inventory, Goodwill.
CHR Cash Flow 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.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
CHR 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.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, 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 |
|---|---|---|---|---|---|---|
| Cheer Holding, Inc. CHR | FY2025 | $148.8M | $25.6M | 17.2% | $3.9M | 73/100 |
| Direct Digital Holdings, Inc. DRCT | FY2025 | $34.7M | -$18.9M | -54.6% | $692K | 3/100 |
| Lendway, Inc. LDWY | FY2024 | $37.8M | -$5.7M | -15.2% | $9.3M | 47/100 |
| Star Fashion Culture Holdings Limited STFS | FY2025 | $16.9M | -$18.3M | N/A | $55.5M | 19/100 |
| 36Kr Holdings Inc. KRKR | FY2020 | $59.3M | -$42.8M | -72.2% | $5.9M | — |
| Dolphin Entertainment, Inc. DLPN | FY2025 | $56.7M | -$3 | 0.0% | $13.4M | 51/100 |
Where Cheer Holding, Inc. Ranks
Frequently Asked Questions
What is Cheer Holding, Inc.'s annual revenue?
Cheer Holding, Inc. (CHR) reported $148.8M in total revenue for fiscal year 2025. This represents a 1.1% 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 Cheer Holding, Inc.'s revenue growing?
Cheer Holding, Inc. (CHR) revenue grew by 1.1% year-over-year, from $147.2M to $148.8M in fiscal year 2025.
Is Cheer Holding, Inc. profitable?
Yes, Cheer Holding, Inc. (CHR) reported a net income of $25.6M in fiscal year 2025, with a net profit margin of 17.2%.
What is Cheer Holding, Inc.'s EBITDA?
Cheer Holding, Inc. (CHR) had EBITDA of $33.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Cheer Holding, Inc.'s gross margin?
Cheer Holding, Inc. (CHR) had a gross margin of 71.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Cheer Holding, Inc.'s operating margin?
Cheer Holding, Inc. (CHR) had an operating margin of 17.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Cheer Holding, Inc.'s net profit margin?
Cheer Holding, Inc. (CHR) had a net profit margin of 17.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Cheer Holding, Inc.'s return on equity (ROE)?
Cheer Holding, Inc. (CHR) has a return on equity of 6.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Cheer Holding, Inc.'s operating cash flow?
Cheer Holding, Inc. (CHR) generated $17.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Cheer Holding, Inc.'s total assets?
Cheer Holding, Inc. (CHR) had $401.7M in total assets as of fiscal year 2025, including both current and long-term assets.
How much does Cheer Holding, Inc. spend on research and development?
Cheer Holding, Inc. (CHR) invested $5.2M in research and development during fiscal year 2025.
What is Cheer Holding, Inc.'s current ratio?
Cheer Holding, Inc. (CHR) had a current ratio of 11.53 as of fiscal year 2025, which is generally considered healthy.
What is Cheer Holding, Inc.'s debt-to-equity ratio?
Cheer Holding, Inc. (CHR) had a debt-to-equity ratio of 0.09 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Cheer Holding, Inc.'s return on assets (ROA)?
Cheer Holding, Inc. (CHR) had a return on assets of 6.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Cheer Holding, Inc.'s P/E ratio?
Cheer Holding, Inc. (CHR) trades at 0.2x earnings, its market capitalization divided by net income of $25.6M net income, FY2025. The market capitalization is $3.9M as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Cheer Holding, Inc.'s price-to-sales ratio?
Cheer Holding, Inc. (CHR) trades at 0.0x sales, its market capitalization divided by revenue of $148.8M revenue, FY2025. The market capitalization is $3.9M as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Cheer Holding, Inc.'s Altman Z-Score?
Cheer Holding, Inc. (CHR) has an Altman Z-Score of 2.47, placing it in the Grey Zone (moderate 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 Cheer Holding, Inc.'s Piotroski F-Score?
Cheer Holding, Inc. (CHR) has a Piotroski F-Score of 3 out of 7 computable signals; 2 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 Cheer Holding, Inc.'s earnings high quality?
Cheer Holding, Inc. (CHR) has an earnings quality ratio of 0.70x, considered mixed quality. 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 Cheer Holding, Inc. cover its interest payments?
Cheer Holding, Inc. (CHR) has an interest coverage ratio of 71.83x, meaning it can comfortably cover its interest obligations. 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.
How financially healthy is Cheer Holding, Inc.?
Cheer Holding, Inc. (CHR) scores 73 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.