CREATIVE REALITIES, INC. (CREX) Financials

CREX

Trailing 12 months to June 30, 2026

Revenue $72.3M +50.0% YoY

Net Income -$21.2M -1618.1% YoY

Free Cash Flow -$10.2M -289.2% YoY

Operating Cash Flow -$7.5M -200.7% YoY

Market Cap $38.3M as of Sep 12, 2026

Price / Sales 0.5x on $72.3M revenue, trailing 12 months to June 30, 2026

Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to June 30, 2026

Price / Book 2.0x on $19.2M equity, Q2 FY2026

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 Sep 12, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 14, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CREX SEC filings page.

CREATIVE REALITIES, INC. (CREX) reported $72.3M in revenue over the twelve months to Jun 30, 2026, up 50.0% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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 CREX FY2025 2026-08-29

Revenue expansion is being financed by balance-sheet expansion, while operating leverage and cash generation deteriorate.

FY2025 assets jumped from $65.2M to $151.0M, a balance-sheet expansion far larger than the revenue increase and consistent with a materially changed operating footprint. Goodwill roughly doubled while debt-to-equity reached 1.8x, suggesting the expansion relied on acquired or intangible assets and more creditor financing, not just internally accumulated profits.

Revenue reached $57.2M, but gross margin eased to 44.9% from 47.2%, so added sales did not improve the reported gross-profit economics. Operating margin then fell from 1.8% to -15.5%; the main break occurred below gross profit, where selling and administrative costs expanded faster than gross profit.

Operating cash flow moved from $3.4M in FY2024 to -$7.8M in FY2025, matching the earnings reversal rather than merely reflecting accounting charges. The simultaneous $48.7M financing inflow and $40.5M investing outflow indicate that the enlarged balance sheet was funded externally as cash generation weakened.

Financial Health Signals

Financial Health Score 24/100

Scored as: Emerging companies peer group

Scored against emerging 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 CREATIVE REALITIES, 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.

Cash Runway

CREATIVE REALITIES, INC. held $1.6M in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations used $7.8M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and CREATIVE REALITIES, INC. scores 10/100 among other emerging companies.

Dilution

CREATIVE REALITIES, INC. had 11M shares outstanding at the end of fiscal year 2025, against 10M in fiscal year 2024. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and CREATIVE REALITIES, INC. scores 71/100 among other emerging companies.

R&D Intensity

Not available for CREATIVE REALITIES, INC., and counted as zero in the overall score.

Revenue Progress

CREATIVE REALITIES, INC. reported revenue of $57.2M in fiscal year 2025, against $50.9M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and CREATIVE REALITIES, INC. scores 59/100 among other emerging companies.

Burn Trend

Not available for CREATIVE REALITIES, INC., and counted as zero in the overall score.

Balance Sheet

CREATIVE REALITIES, INC.'s cash, cash equivalents and investments came to $1.6M at the end of fiscal year 2025, against $101.9M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and CREATIVE REALITIES, INC. scores 4/100 among other emerging companies.

Altman Z-Score Distress

-0.24

CREATIVE REALITIES, INC. scores -0.24, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($38.3M) relative to total liabilities ($101.9M). 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 Weak

2/9

CREATIVE REALITIES, INC. passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality No Cash Backing

N/A

CREATIVE REALITIES, INC. reported a net loss of $8.3M while operations used $7.8M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Interest Coverage At Risk

N/A

CREATIVE REALITIES, INC. reported an operating loss of $8.9M against $2.5M 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

$21.5M

YoY+65.0%

QoQ+31.5%

5Y CAGR+45.7%

10Y CAGR+21.7%

CREATIVE REALITIES, INC. generated $21.5M in revenue in Q2 2026. This represents an increase of 65.0% from the same quarter a year earlier. Against the prior quarter it is up 31.5%.

Net Income

-$3.9M

YoY-114.4%

QoQ+47.8%

CREATIVE REALITIES, INC. reported -$3.9M in net income in Q2 2026. This represents a decrease of 114.4% from the same quarter a year earlier. Against the prior quarter it is up 47.8%.

EPS (Diluted)

-$0.41

YoY-141.2%

CREATIVE REALITIES, INC. earned -$0.41 per diluted share (EPS) in Q2 2026. This represents a decrease of 141.2% from the same quarter a year earlier.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Free Cash Flow

$457K

YoY-32.0%

QoQ+124.0%

CREATIVE REALITIES, INC. generated $457K in free cash flow in Q2 2026, representing cash available after capex. This represents a decrease of 32.0% from the same quarter a year earlier. Against the prior quarter it is up 124.0%.

Cash & Debt

$10.7M

YoY+1781.0%

QoQ+485.2%

5Y CAGR+28.9%

10Y CAGR+39.9%

CREATIVE REALITIES, INC. held $10.7M in cash against $41.2M in long-term debt as of Q2 2026.

Shares Outstanding

14M

YoY+28.6%

QoQ+28.0%

5Y CAGR+2.6%

10Y CAGR-14.6%

CREATIVE REALITIES, INC. had 14M shares outstanding in Q2 2026. This represents an increase of 28.6% from the same quarter a year earlier. Against the prior quarter it is up 28.0%.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin

38.6%

YoY+0.1pp

QoQ+4.3pp

5Y change-18.6pp

10Y change-18.1pp

CREATIVE REALITIES, INC.'s gross margin was 38.6% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 0.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.3 percentage points.

Operating Margin

-12.8%

YoY-2.5pp

QoQ+25.2pp

5Y change-0.2pp

10Y change+13.5pp

CREATIVE REALITIES, INC.'s operating margin was -12.8% in Q2 2026, reflecting core business profitability. This is down 2.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 25.2 percentage points.

Net Margin

-18.1%

YoY-4.2pp

QoQ+27.5pp

5Y change-49.4pp

10Y change+38.3pp

CREATIVE REALITIES, INC.'s net profit margin was -18.1% in Q2 2026, showing the share of revenue converted to profit. This is down 4.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 27.5 percentage points.

Return on Equity

-20.3%

YoY-14.2pp

QoQ+36.8pp

5Y change-30.9pp

10Y change+5.8pp

CREATIVE REALITIES, INC.'s ROE was -20.3% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 14.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 36.8 percentage points.

Capital Allocation

Capital Expenditures

$2.3M

YoY+2146.5%

QoQ+1139.9%

5Y CAGR+217.8%

10Y CAGR+51.3%

CREATIVE REALITIES, INC. invested $2.3M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 2146.5% from the same quarter a year earlier. Against the prior quarter it is up 1139.9%.

R&D Spending

Not reported for Q2 2026.

Share Buybacks

Not reported for Q2 2026.

CREX 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.

CREX quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$72.3M	$57.2M+12.5%	$50.9M+12.6%	$45.2M+4.2%	$43.4M+135.1%	$18.4M+5.6%	$17.5M-44.8%	$31.6M+40.6%	$22.5M+27.0%	$17.7M+29.4%	$13.7M+19.2%	$11.5M-14.5%	$13.4M+16.0%	$11.6M+72.6%	$6.7M-27.7%	$9.3M
Cost of Revenue	$42.2M	$31.5M+17.4%	$26.8M+16.8%	$23.0M-10.3%	$25.6M+154.1%	$10.1M+61.3%	$6.3M+0.1%	$6.2M+30.8%	$4.8M+7.7%	$4.4M-34.9%	$6.8M-13.4%	$7.9M-21.7%	$10.1M-4.8%	$10.6M+248.7%	$3.0M-41.8%	$5.2M
Gross Profit	$30.1M	$25.7M+7.1%	$24.0M+8.2%	$22.2M+25.1%	$17.7M+112.3%	$8.4M+2.9%	$8.1M-40.9%	$13.7M+34.4%	$10.2M+38.4%	$7.4M+7.7%	$6.9M+90.4%	$3.6M+7.0%	$3.4M+232.9%	$1.0M-72.5%	$3.7M-9.6%	$4.1M
R&D Expenses	N/A	N/A	N/A	$1.6M+25.8%	$1.3M+127.5%	$550K-49.2%	$1.1M-23.4%	$1.4M+12.4%	$1.3M+26.8%	$991K+11.0%	$893K+11.1%	$804K+63.4%	$492K-47.4%	$935K-47.9%	$1.8M-15.2%	$2.1M
SG&A Expenses	$31.9M	$23.1M+35.2%	$17.1M+9.4%	$15.6M+31.1%	$11.9M+62.4%	$7.3M-13.5%	$8.5M-6.9%	$9.1M-6.4%	$9.7M+39.9%	$6.9M+8.6%	$6.4M-8.0%	$6.9M+20.5%	$5.8M+119.7%	$2.6M-51.8%	$5.4M-10.8%	$6.1M
Operating Income	-$15.8M	-$8.9M-1045.2%	$938K-30.3%	$1.3M+154.3%	-$2.5M+2.7%	-$2.5M+84.1%	-$16.1M-14520.0%	-$110K+97.5%	-$4.5M+26.5%	-$6.1M-33.9%	-$4.6M+37.5%	-$7.3M-49.2%	-$4.9M-73.6%	-$2.8M+47.9%	-$5.4M+19.6%	-$6.7M
EBITDA	N/A	-$2.4M-147.4%	$5.1M+10.8%	$4.6M+1193.8%	$353K+129.8%	-$1.2M+91.9%	-$14.6M-1419.6%	$1.1M+133.6%	-$3.3M+28.3%	-$4.6M-79.9%	-$2.6M+51.5%	-$5.3M-29.3%	-$4.1M-61.5%	-$2.5M+50.7%	-$5.1M+18.1%	-$6.2M
Interest Expense	$4.5M	$2.5M+39.7%	$1.8M-40.7%	$3.0M+9.1%	$2.7M+240.7%	$805K-21.3%	$1.0M+23.1%	$831K-68.1%	$2.6M+61.9%	$1.6M-1.6%	$1.6M+27.2%	$1.3M+3918.8%	$32K-3.0%	$33K+312.5%	$8K-73.3%	$30K
Income Tax	$248K	$1.2M+1000.0%	$106K+27.7%	$83K+5.1%	$79K+259.1%	$22K+113.9%	-$158K-269.9%	$93K+123.4%	-$398K-920.5%	-$39K+89.3%	-$365K-202.0%	$358K	$0	N/A	N/A	N/A
Net Income	-$21.2M	-$8.3M-135.9%	-$3.5M-19.4%	-$2.9M-256.6%	$1.9M+708.6%	$232K+101.4%	-$16.8M-1722.7%	$1.0M+109.8%	-$10.6M-52.8%	-$7.0M-47.9%	-$4.7M+41.0%	-$8.0M-109.7%	-$3.8M-33.4%	-$2.8M+47.3%	-$5.4M+19.8%	-$6.7M
EPS (Basic)	N/A	-$0.81-138.2%	-$0.34+2.9%	-$0.35-225.0%	$0.28+366.7%	$0.06+103.6%	-$1.65-1600.0%	$0.11+103.7%	-$2.95+0.3%	-$2.96	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	—	N/A	-$0.34+2.9%	-$0.35-225.0%	$0.28	$0.06	-$1.65-1600.0%	$0.11	-$2.95	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Diluted Shares (Avg)	N/A	N/A	10M+23.1%	8M+27.2%	7M	4M	10,195-99.9%	10M	3,602	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$21.5M+65.0%	$16.3M+67.9%	$23.9M+117.2%	$10.5M-27.0%	$13.0M-0.6%	$9.7M-20.8%	$11.0M-23.8%	$14.4M+24.8%
Cost of Revenue	$13.2M+64.8%	$10.8M+103.6%	$12.5M+102.8%	$5.8M-26.5%	$8.0M+26.6%	$5.3M-19.0%	$6.1M-11.8%	$7.9M+25.3%
Gross Profit	$8.3M+65.4%	$5.6M+25.7%	$11.5M+135.5%	$4.8M-27.5%	$5.0M-26.1%	$4.5M-22.7%	$4.9M-35.0%	$6.6M+24.3%
SG&A Expenses	$9.0M+73.7%	$8.9M+126.7%	$9.0M+112.6%	$5.0M+26.3%	$5.2M+14.6%	$3.9M-10.2%	$4.2M-16.9%	$3.9M+2.2%
Operating Income	-$2.7M-106.2%	-$6.2M-759.6%	$457K+164.0%	-$7.3M-740.0%	-$1.3M-324.8%	-$722K-850.0%	-$714K-136.1%	$1.1M+610.0%
Interest Expense	$1.4M+178.0%	$1.5M+356.4%	$1.1M+276.7%	$530K+74.9%	$513K0.0%	$321K-51.6%	$296K-55.7%	$303K-58.7%
Income Tax	-$315K-1111.5%	-$530K-635.4%	$1.2M+1079.2%	-$82K-142.7%	-$26K-204.0%	$99K+1000.0%	-$120K-1300.0%	$192K+1380.0%
Net Income	-$3.9M-114.4%	-$7.5M-321.5%	-$2.0M+30.8%	-$7.9M-14659.3%	-$1.8M-195.4%	$3.4M+3189.9%	-$2.8M-300.0%	$54K+102.8%
EPS (Basic)	-$0.41-141.2%	-$0.74-331.3%	-$0.21+25.0%	-$0.75-7600.0%	-$0.17-183.3%	$0.32+3300.0%	-$0.28-233.3%	$0.01+104.5%
EPS (Diluted)	-$0.41-141.2%	N/A	N/A	-$0.75	-$0.17-183.3%	$0.32+3300.0%	-$0.28	$0.01
Diluted Shares (Avg)	11M+0.7%	N/A	N/A	10,519	10M+0.5%	10M+0.2%	N/A	10,634

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

CREX Balance Sheet

CREX quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$151.0M+131.6%	$65.2M-7.9%	$70.8M+7.2%	$66.0M+188.5%	$22.9M+11.0%	$20.6M-39.3%	$34.0M-9.9%	$37.7M+44.9%	$26.0M+6.7%	$24.4M+6.0%	$23.0M+5.3%	$21.9M+327.5%	$5.1M+17.3%	$4.4M-45.0%	$7.9M
Current Assets	$33.5M+131.4%	$14.5M-22.1%	$18.6M+33.1%	$14.0M+43.1%	$9.8M+39.1%	$7.0M-12.0%	$8.0M-35.4%	$12.4M+39.3%	$8.9M+39.8%	$6.3M+130.2%	$2.8M-49.8%	$5.5M+64.8%	$3.3M-14.2%	$3.9M-46.0%	$7.2M
Cash & Equivalents	$1.6M+50.3%	$1.0M-64.4%	$2.9M+78.2%	$1.6M-43.4%	$2.9M+57.9%	$1.8M-27.9%	$2.5M-6.8%	$2.7M+171.0%	$1.0M-25.8%	$1.4M-0.7%	$1.4M+137.5%	$573K+430.6%	$108K+575.0%	$16K-99.7%	$5.5M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$7.4M+271.9%	$2.0M-22.3%	$2.6M+13.2%	$2.3M+20.6%	$1.9M-20.0%	$2.4M+520.3%	$379K0.0%	$379K-55.5%	$851K+45.5%	$585K+613.4%	$82K-88.9%	$739K-2.6%	$759K+380.4%	$158K-7.1%	$170K
Accounts Receivable	$19.2M+81.2%	$10.6M-14.9%	$12.5M+50.9%	$8.3M+174.9%	$3.0M+30.6%	$2.3M-50.6%	$4.7M-28.0%	$6.5M+9.6%	$5.9M+47.9%	$4.0M+352.3%	$884K-74.5%	$3.5M+47.1%	$2.4M+73.3%	$1.4M+0.8%	$1.3M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$53.3M+101.4%	$26.5M0.0%	$26.5M0.0%	$26.5M+251.5%	$7.5M0.0%	$7.5M-58.6%	$18.2M-3.9%	$18.9M+26.1%	$15.0M0.0%	$15.0M+4.4%	$14.4M+35.8%	$10.6M+676.2%	$1.4M+97185.7%	$1K	N/A
Total Liabilities	$101.9M+156.2%	$39.8M-5.2%	$41.9M+3.7%	$40.4M+185.7%	$14.2M-13.1%	$16.3M+4.1%	$15.6M-25.2%	$20.9M+5.8%	$19.8M+23.4%	$16.0M+37.3%	$11.7M+28.3%	$9.1M+95.7%	$4.6M+120.4%	$2.1M-2.8%	$2.2M
Current Liabilities	$39.3M+50.1%	$26.2M+29.5%	$20.2M+22.4%	$16.5M+140.5%	$6.9M-6.5%	$7.3M-29.7%	$10.4M-30.5%	$15.0M+18.4%	$12.7M-12.5%	$14.5M+98.9%	$7.3M+9.8%	$6.6M+43.6%	$4.6M+119.2%	$2.1M-2.8%	$2.2M
Non-Current Liabilities	$62.6M+360.6%	$13.6M-37.5%	$21.7M-9.2%	$23.9M+228.3%	$7.3M-18.5%	$8.9M+71.6%	$5.2M-11.6%	$5.9M-16.8%	$7.1M+362.6%	$1.5M-65.0%	$4.4M+78.5%	$2.5M+180.7%	$875K	$0	$0
Long-Term Debt	$39.5M+203.0%	$13.0M+32.7%	$9.8M-24.8%	$13.1M+190052.7%	$7K-99.9%	$8.3M+119.8%	$3.8M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$21.5M-15.6%	$25.5M-11.7%	$28.8M+12.7%	$25.6M+193.0%	$8.7M+101.4%	$4.3M-76.6%	$18.5M+10.0%	$16.8M+286.5%	$4.4M-2.9%	$4.5M-47.8%	$8.6M-23.7%	$11.3M+2279.3%	$473K-79.0%	$2.3M-60.8%	$5.8M
Retained Earnings	-$65.1M-14.6%	-$56.9M-6.6%	-$53.3M-5.8%	-$50.4M+3.5%	-$52.3M+0.4%	-$52.5M-47.3%	-$35.6M+3.3%	-$36.9M-40.5%	-$26.2M-36.0%	-$19.3M-31.9%	-$14.6M-119.9%	-$6.6M-133.4%	-$2.8M+97.0%	-$94.4M-6.1%	-$89.0M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$142.9M+124.6%	$138.2M+106.4%	$151.0M+131.6%	$61.3M-9.3%	$63.7M-8.5%	$67.0M-1.8%	$65.2M-7.9%	$67.6M-3.1%
Current Assets	$34.9M+165.8%	$26.1M+54.6%	$33.5M+131.4%	$17.0M+6.4%	$13.1M-25.2%	$16.9M+3.4%	$14.5M-22.1%	$16.0M-8.8%
Cash & Equivalents	$10.7M+1781.0%	$1.8M+59.2%	$1.6M+50.3%	$314K-63.8%	$569K-86.1%	$1.1M-60.4%	$1.0M-64.4%	$868K-89.6%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$5.9M+463.0%	$6.6M+267.0%	$7.4M+271.9%	$4.3M+41.0%	$1.1M-64.8%	$1.8M-41.7%	$2.0M-22.3%	$3.1M+32.4%
Accounts Receivable	$15.5M	$14.5M	$19.2M+81.2%	N/A	N/A	N/A	$10.6M-14.9%	N/A
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$50.4M+90.4%	$52.2M+97.2%	$53.3M+101.4%	$26.5M0.0%	$26.5M0.0%	$26.5M0.0%	$26.5M0.0%	$26.5M0.0%
Total Liabilities	$95.3M+178.6%	$125.2M+237.2%	$101.9M+156.2%	$39.4M+0.3%	$34.2M-17.2%	$37.1M-5.7%	$39.8M-5.2%	$39.3M-7.1%
Current Liabilities	$38.6M+196.0%	$35.6M+159.1%	$39.3M+50.1%	$16.5M-40.2%	$13.0M-51.2%	$13.7M-64.5%	$26.2M+29.5%	$27.5M+39.9%
Non-Current Liabilities	$56.7M+167.8%	$89.6M+283.2%	$62.6M+360.6%	$22.9M+95.0%	$21.2M+45.2%	$23.4M+3658.0%	$13.6M-37.5%	$11.8M-48.1%
Long-Term Debt	$41.2M+113.1%	$43.0M+90.0%	$39.5M+203.0%	$21.2M+97.9%	$19.3M+42.5%	$22.6M	$13.0M+32.7%	$10.7M+1.3%
Total Equity	$19.2M-34.9%	$13.1M-56.3%	$21.5M-15.6%	$21.9M-22.6%	$29.4M+4.3%	$29.9M+3.5%	$25.5M-11.7%	$28.3M+3.3%
Retained Earnings	-$76.5M-38.3%	-$72.6M-35.7%	-$65.1M-14.6%	-$63.2M-16.9%	-$55.3M-2.3%	-$53.5M-0.1%	-$56.9M-6.6%	-$54.0M+1.4%

CREX Cash Flow Statement

CREX quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	-$7.5M	-$7.8M-329.2%	$3.4M-34.6%	$5.2M+829.8%	-$708K-250.3%	$471K+113.3%	-$3.5M-263.9%	-$970K+38.0%	-$1.6M-338.8%	$655K+116.0%	-$4.1M-107.2%	-$2.0M+46.7%	-$3.7M-329.9%	-$865K+81.8%	-$4.8M-3.1%	-$4.6M
Depreciation & Amortization	N/A	$6.5M+56.9%	$4.1M+28.0%	$3.2M+13.7%	$2.8M+107.7%	$1.4M-7.5%	$1.5M+21.1%	$1.2M+2.6%	$1.2M-21.2%	$1.5M-24.9%	$2.0M-1.2%	$2.0M+148.1%	$817K+176.9%	$295K+3.1%	$286K-38.8%	$467K
Stock-Based Compensation	N/A	$2.3M+17461.5%	$13K-97.7%	$563K-73.4%	$2.1M+4.6%	$2.0M+181.4%	$719K+60.5%	$448K-67.6%	$1.4M+387.0%	$284K+4.0%	$273K+7.5%	$254K+323.3%	$60K-86.2%	$434K-10.3%	$484K-34.6%	$740K
Capital Expenditures	$2.6M	$306K+2681.8%	$11K-96.4%	$306K+105.4%	$149K+684.2%	$19K-79.3%	$92K-89.7%	$897K+191.2%	$308K-45.9%	$569K+94.9%	$292K-54.3%	$639K+140.2%	$266K+250.0%	$76K+61.7%	$47K-68.5%	$149K
Free Cash Flow	-$10.2M	-$8.1M-339.1%	$3.4M-30.7%	$4.9M+667.2%	-$857K-289.6%	$452K+112.5%	-$3.6M-94.0%	-$1.9M+0.3%	-$1.9M-2276.7%	$86K+102.0%	-$4.4M-67.8%	-$2.6M+34.2%	-$4.0M-323.5%	-$941K+80.4%	-$4.8M-0.8%	-$4.8M
Investing Cash Flow	-$42.4M	-$40.5M-1345.1%	-$2.8M+30.4%	-$4.0M+81.2%	-$21.5M-1752.9%	-$1.2M-76.4%	-$657K+4.4%	-$687K+89.6%	-$6.6M-1056.8%	-$569K-94.9%	-$292K+49.7%	-$580K+70.6%	-$2.0M-2500.0%	-$76K-61.7%	-$47K+68.5%	-$149K
Financing Cash Flow	$60.0M	$48.7M+2086.9%	-$2.5M-1890.5%	$137K-99.3%	$20.9M+1099.6%	$1.7M-49.8%	$3.5M+136.2%	$1.5M-85.1%	$9.9M+2366.9%	-$435K-109.9%	$4.4M+31.0%	$3.4M-45.6%	$6.2M+496.3%	$1.0M-34.9%	$1.6M-49.8%	$3.2M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$2.7M+252.7%	-$1.7M+29.6%	-$6.9M-405.2%	-$1.6M-395.4%	$773K-65.9%	-$2.4M-226.4%	-$1.4M+56.4%	$544K-72.3%
Stock-Based Compensation	N/A	$324K+16100.0%	N/A	N/A	N/A	$2K-33.3%	N/A	N/A
Capital Expenditures	$2.3M+2146.5%	$183K+2187.5%	$96K+4700.0%	$101K+10000.0%	$101K+4950.0%	$8K+33.3%	$2K-89.5%	$1K-98.5%
Free Cash Flow	$457K-32.0%	-$1.9M+22.4%	-$7.0M-411.5%	-$1.7M-414.5%	$672K-70.3%	-$2.5M-227.2%	-$1.4M+56.6%	$543K-71.3%
Investing Cash Flow	-$2.7M-314.9%	-$552K+11.1%	-$38.5M-7616.2%	-$709K+12.1%	-$643K+3.3%	-$621K+25.2%	-$499K+43.9%	-$807K+13.7%
Financing Cash Flow	$8.8M+378.9%	$2.5M-21.0%	$46.7M+2190.4%	$2.1M+169.7%	-$3.2M-659.4%	$3.2M+384.4%	$2.0M+241.7%	-$3.0M-172.3%

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

CREX 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.

CREX quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	44.9%-2.3pp	47.2%-1.9pp	49.1%+8.2pp	40.9%-4.4pp	45.3%-1.2pp	46.5%+3.0pp	43.5%-2.0pp	45.5%+3.7pp	41.8%-8.4pp	50.2%+18.8pp	31.4%+6.3pp	25.1%+16.4pp	8.7%-46.1pp	54.8%+11.0pp	43.8%
Operating Margin	-15.5%-17.3pp	1.8%-1.1pp	3.0%+8.7pp	-5.7%+8.1pp	-13.8%+78.3pp	-92.1%-91.8pp	-0.4%+19.6pp	-19.9%+14.5pp	-34.5%-1.1pp	-33.3%+30.2pp	-63.5%-27.1pp	-36.4%-12.1pp	-24.3%+56.2pp	-80.5%-8.2pp	-72.4%
Net Margin	-14.5%-7.6pp	-6.9%-0.4pp	-6.5%-10.8pp	4.3%+3.1pp	1.3%+97.8pp	-96.5%-99.8pp	3.3%+50.5pp	-47.3%-8.0pp	-39.3%-4.9pp	-34.4%+35.1pp	-69.5%-41.1pp	-28.3%-3.7pp	-24.6%+56.0pp	-80.6%-8.0pp	-72.7%
Return on Equity	-38.5%-24.7pp	-13.8%-3.6pp	-10.2%-17.5pp	7.3%+4.7pp	2.7%+391.2pp	-388.6%-394.2pp	5.6%+68.8pp	-63.1%+96.6pp	-159.7%-54.8pp	-104.9%-12.1pp	-92.8%-59.0pp	-33.8%+568.3pp	-602.1%-362.6pp	-239.5%-122.6pp	-116.9%
Return on Assets	-5.5%-0.1pp	-5.4%-1.2pp	-4.2%-7.0pp	2.8%+1.8pp	1.0%+82.7pp	-81.7%-84.8pp	3.1%+31.2pp	-28.1%-1.5pp	-26.7%-7.4pp	-19.2%+15.3pp	-34.6%-17.2pp	-17.4%+38.3pp	-55.7%+68.2pp	-123.9%-38.9pp	-85.0%
Current Ratio	0.85+0.3x	0.55-0.4x	0.92+0.1x	0.85-0.6x	1.42+0.5x	0.96+0.2x	0.77-0.1x	0.82+0.1x	0.70+0.3x	0.44+0.1x	0.38-0.4x	0.83+0.1x	0.72-1.1x	1.84-1.5x	3.32
Debt-to-Equity	1.84+1.3x	0.51+0.2x	0.34-0.2x	0.51+0.5x	0.00-1.9x	1.91+1.7x	0.20-1.0x	1.24-3.3x	4.54+1.0x	3.57+2.2x	1.36+0.6x	0.81-9.0x	9.82+8.9x	0.93+0.6x	0.38
Asset Turnover	0.38-0.4x	0.78+0.1x	0.640.0x	0.66-0.1x	0.810.0x	0.85-0.1x	0.93+0.3x	0.60-0.1x	0.68+0.1x	0.56+0.1x	0.50-0.1x	0.61-1.6x	2.26+0.7x	1.54+0.4x	1.17
FCF Margin	-14.1%-20.7pp	6.6%-4.1pp	10.8%+12.7pp	-2.0%-4.4pp	2.5%+23.2pp	-20.8%-14.8pp	-5.9%+2.4pp	-8.3%-8.8pp	0.5%+32.7pp	-32.2%-9.3pp	-22.9%+6.8pp	-29.7%-21.6pp	-8.1%+63.6pp	-71.7%-20.3pp	-51.4%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	38.6%+0.1pp	34.2%-11.5pp	47.9%+3.7pp	45.3%-0.3pp	38.5%-13.3pp	45.8%-1.2pp	44.2%-7.6pp	45.6%-0.2pp
Operating Margin	-12.8%-2.5pp	-38.0%-30.5pp	1.9%+8.4pp	-68.9%-76.8pp	-10.2%-14.7pp	-7.4%-6.8pp	-6.5%-20.1pp	7.9%+6.5pp
Net Margin	-18.1%-4.2pp	-45.6%-80.2pp	-8.2%+17.6pp	-74.5%-74.9pp	-13.9%-9.3pp	34.6%+35.5pp	-25.8%-35.6pp	0.4%+17.1pp
Return on Equity	-20.3%-14.2pp	-57.1%-68.4pp	-9.1%+2.0pp	-35.9%-36.1pp	-6.2%-4.0pp	11.3%+11.7pp	-11.1%-16.1pp	0.2%+7.2pp
Return on Assets	-2.7%+0.1pp	-5.4%-10.4pp	-1.3%+3.0pp	-12.8%-12.9pp	-2.9%-2.0pp	5.0%+5.2pp	-4.3%-6.3pp	0.1%+2.8pp
Current Ratio	0.90-0.1x	0.73-0.5x	0.85+0.3x	1.03+0.5x	1.01+0.4x	1.23+0.8x	0.55-0.4x	0.58-0.3x
Debt-to-Equity	2.15+1.5x	3.29+2.5x	1.84+1.3x	0.97+0.6x	0.66+0.2x	0.76+0.8x	0.51+0.2x	0.380.0x
Asset Turnover	0.15-0.1x	0.120.0x	0.160.0x	0.170.0x	0.200.0x	0.150.0x	0.170.0x	0.210.0x
FCF Margin	2.1%-3.0pp	-11.7%+13.6pp	-29.3%-16.9pp	-16.2%-19.9pp	5.2%-12.1pp	-25.2%-41.0pp	-12.4%+9.4pp	3.8%-12.6pp

Note: The current ratio is below 1.0 (0.85), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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
CREATIVE REALITIES, INC. CREX	FY2025	$57.2M	-$8.3M	-14.5%	$38.3M	24/100
SAGTEC GLOBAL LIMITED SAGT	FY2025	$19.1M	$1.8M	9.4%	$10.5M	46/100
Blackboxstocks Inc. BLBX	FY2025	$2.4M	-$4.4M	N/A	$78.1M	13/100
Intelligent Protection Management Corp. IPM	FY2025	$23.6M	-$2.0M	-8.3%	$24.5M	67/100
Mind CTI Ltd MNDO	FY2025	$19.5M	$2.6M	13.4%	$20.7M	68/100
Heartcore Enterprises, Inc. HTCR	FY2025	$9.0M	$5.8M	64.6%	$3.0M	37/100

Where CREATIVE REALITIES, INC. Ranks

Frequently Asked Questions

What is CREATIVE REALITIES, INC.'s annual revenue?

CREATIVE REALITIES, INC. (CREX) reported $57.2M in total revenue for fiscal year 2025. This represents a 12.5% 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 CREATIVE REALITIES, INC.'s revenue growing?

CREATIVE REALITIES, INC. (CREX) revenue grew by 12.5% year-over-year, from $50.9M to $57.2M in fiscal year 2025.

Is CREATIVE REALITIES, INC. profitable?

No, CREATIVE REALITIES, INC. (CREX) reported a net income of -$8.3M in fiscal year 2025, with a net profit margin of -14.5%.

What is CREATIVE REALITIES, INC.'s EBITDA?

CREATIVE REALITIES, INC. (CREX) had EBITDA of -$2.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does CREATIVE REALITIES, INC. have?

As of fiscal year 2025, CREATIVE REALITIES, INC. (CREX) had $1.6M in cash and equivalents against $39.5M in long-term debt.

What is CREATIVE REALITIES, INC.'s gross margin?

CREATIVE REALITIES, INC. (CREX) had a gross margin of 44.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is CREATIVE REALITIES, INC.'s operating margin?

CREATIVE REALITIES, INC. (CREX) had an operating margin of -15.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is CREATIVE REALITIES, INC.'s net profit margin?

CREATIVE REALITIES, INC. (CREX) had a net profit margin of -14.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is CREATIVE REALITIES, INC.'s return on equity (ROE)?

CREATIVE REALITIES, INC. (CREX) has a return on equity of -38.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is CREATIVE REALITIES, INC.'s free cash flow?

CREATIVE REALITIES, INC. (CREX) recorded an outflow of $8.1M in free cash flow during fiscal year 2025. This represents a -339.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is CREATIVE REALITIES, INC.'s operating cash flow?

CREATIVE REALITIES, INC. (CREX) recorded an outflow of $7.8M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

What are CREATIVE REALITIES, INC.'s total assets?

CREATIVE REALITIES, INC. (CREX) had $151.0M in total assets as of fiscal year 2025, including both current and long-term assets.

What are CREATIVE REALITIES, INC.'s capital expenditures?

CREATIVE REALITIES, INC. (CREX) invested $306K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does CREATIVE REALITIES, INC. have outstanding?

CREATIVE REALITIES, INC. (CREX) had 11M shares outstanding as of fiscal year 2025.

What is CREATIVE REALITIES, INC.'s current ratio?

CREATIVE REALITIES, INC. (CREX) had a current ratio of 0.85 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is CREATIVE REALITIES, INC.'s debt-to-equity ratio?

CREATIVE REALITIES, INC. (CREX) had a debt-to-equity ratio of 1.84 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is CREATIVE REALITIES, INC.'s return on assets (ROA)?

CREATIVE REALITIES, INC. (CREX) had a return on assets of -5.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is CREATIVE REALITIES, INC.'s P/E ratio?

CREATIVE REALITIES, INC. (CREX) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $38.3M as of Sep 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is CREATIVE REALITIES, INC.'s price-to-sales ratio?

CREATIVE REALITIES, INC. (CREX) trades at 0.5x sales, its market capitalization divided by revenue of $72.3M revenue, trailing 12 months to June 30, 2026. The market capitalization is $38.3M as of Sep 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

How does CREATIVE REALITIES, INC.'s liquidity compare with its operating cash outflow?

At the end of fiscal year 2025, CREATIVE REALITIES, INC. (CREX) held $1.6M in cash, cash equivalents and investments, and reported an operating cash outflow of $7.8M over that year. Dividing the one by the other, the reported balance equals about 2 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

What is CREATIVE REALITIES, INC.'s Altman Z-Score?

CREATIVE REALITIES, INC. (CREX) has an Altman Z-Score of -0.24, 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 CREATIVE REALITIES, INC.'s Piotroski F-Score?

CREATIVE REALITIES, INC. (CREX) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. 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 CREATIVE REALITIES, INC.'s earnings high quality?

CREATIVE REALITIES, INC. (CREX) reported a net loss of $8.3M while operations used $7.8M 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 CREATIVE REALITIES, INC. cover its interest payments?

CREATIVE REALITIES, INC. (CREX) reported an operating loss of $8.9M against $2.5M 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.

How financially healthy is CREATIVE REALITIES, INC.?

CREATIVE REALITIES, INC. (CREX) scores 24 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), 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.