What is Creatd Inc's earnings per share (EPS)?

Creatd Inc (CRTD) reported diluted earnings per share of $-16.87 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Creatd Inc Financials

CRTD

Source SEC Filings (10-K/10-Q) Data as of Mar 31, 2026 Currency USD FYE December

This page shows Creatd Inc (CRTD) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 25 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 CRTD FY2022 2026-04-22

Creatd's visible business mechanic is external funding sustaining a negative-gross-margin operation that has not become self-financing at scale.

Revenue expanded from $1.2M in FY2020 to $4.8M in FY2022, showing the company found more sales volume. Over the same span, operating cash burn widened from -$7.3M to -$16.8M and liquidity tightened sharply; that is the opposite of operating leverage, because scale increased funding dependence instead of easing it.

Gross profit stayed negative across FY2021 and FY2022, so each added sale still came with more direct cost than revenue. That matters because even strong overhead discipline would not by itself fix cash generation; the underlying revenue activity was loss-making before SG&A, R&D, or interest expense entered the picture, which points to a core economic issue rather than only a spending spike.

FY2022 ended with -$11.8M of equity and only $706K of cash. With current liabilities at $15.2M and financing inflows still supplying $13.4M, the balance sheet reads as a short-term funding machine: near-term obligations were being bridged externally rather than by internally generated cash, leaving a very thin liquidity cushion.

Financial Health Signals

Financial health score pending refresh

We are recalculating Creatd Inc's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Altman Z-Score Distress

-22.08

Creatd Inc scores -22.08, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($1.7M) relative to total liabilities ($14.5M). 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

Creatd Inc passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Mixed

-0.50x

For every $1 of reported earnings, Creatd Inc generates $-0.50 in operating cash flow ($4.0M OCF vs -$8.1M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Interest Coverage At Risk

-11.2x

Creatd Inc earns $-11.2 in operating income for every $1 of interest expense (-$8.1M vs $724K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$1.3M

YoY-14.7%

5Y CAGR+23.1%

10Y CAGR+60.3%

Creatd Inc generated $1.3M in revenue in fiscal year 2025. This represents a decrease of 14.7% from the prior year.

EBITDA

-$7.6M

Creatd Inc's EBITDA was -$7.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

Net Income

-$8.1M

YoY-280.8%

Creatd Inc reported -$8.1M in net income in fiscal year 2025. This represents a decrease of 280.8% from the prior year.

EPS (Diluted)

$-16.87

Creatd Inc earned $-16.87 per diluted share (EPS) in fiscal year 2025.

Cash & Balance Sheet

Free Cash Flow

$4.0M

Creatd Inc generated $4.0M in free cash flow in fiscal year 2025, representing cash available after capex.

Cash & Debt

$222K

YoY+1331.5%

5Y CAGR+80.3%

10Y CAGR+5.9%

Creatd Inc held $222K in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

757,783

Creatd Inc had 757,783 shares outstanding in fiscal year 2025.

Margins & Returns

Gross Margin

82.8%

YoY-12.9pp

5Y CAGR-17.1pp

Creatd Inc's gross margin was 82.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 12.9 percentage points from the prior year.

Operating Margin

-635.3%

5Y CAGR+957.9pp

10Y CAGR+2049.2pp

Creatd Inc's operating margin was -635.3% in fiscal year 2025, reflecting core business profitability.

Net Margin

-629.8%

YoY-488.6pp

5Y CAGR+1144.0pp

10Y CAGR+2682.9pp

Creatd Inc's net profit margin was -629.8% in fiscal year 2025, showing the share of revenue converted to profit. This is down 488.6 percentage points from the prior year.

Return on Equity

-219.4%

Creatd Inc's ROE was -219.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity.

Capital Allocation

R&D Spending

$2K

YoY-99.1%

5Y CAGR-72.3%

Creatd Inc invested $2K in research and development in fiscal year 2025. This represents a decrease of 99.1% from the prior year.

Share Buybacks

N/A

Capital Expenditures

$5K

5Y CAGR-28.9%

10Y CAGR-34.1%

Creatd Inc invested $5K in capex in fiscal year 2025, funding long-term assets and infrastructure.

CRTD Income Statement

Metric	FY25	FY24	FY22	FY21	FY20	FY19
Revenue	$1.3M-14.7%	$1.5M-68.8%	$4.8M+11.6%	$4.3M+254.5%	$1.2M+167.7%	$453K
Cost of Revenue	N/A	N/A	$6.1M+15.3%	$5.3M+254.5%	$1.5M	N/A
Gross Profit	$1.1M-26.2%	$1.4M+209.4%	-$1.3M-31.2%	-$1.0M-254.5%	-$282K-162.3%	$453K
R&D Expenses	$2K-99.1%	$204K-78.6%	$951K-3.3%	$984K+282.1%	$257K-77.2%	$1.1M
SG&A Expenses	$1.8M-8.1%	$1.9M-80.4%	$9.7M+113.3%	$4.6M-24.3%	$6.0M-7.8%	$6.5M
Operating Income	-$8.1M	N/A	N/A	-$33.4M-104.9%	-$16.3M-125.6%	-$7.2M
Interest Expense	$724K+126.7%	$319K-61.1%	$821K+120.6%	$372K-73.0%	$1.4M+124.7%	$613K
Income Tax	N/A	N/A	N/A	$37.4M+54.4%	$24.2M	N/A
Net Income	-$8.1M-280.8%	-$2.1M	N/A	-$37.3M-54.0%	-$24.2M-201.3%	-$8.0M
EPS (Diluted)	$-16.87	$-36.40-2175.0%	$-1.60+53.5%	$-3.44	N/A	N/A

Metric	Q1'26	Q4'25	Q1'25	Q4'24	Q3'23	Q2'23	Q1'23	Q4'22
Revenue	$204K	N/A	$292K	N/A	$438K-37.4%	$699K-29.1%	$986K+23.4%	$799K
Cost of Revenue	N/A	N/A	N/A	N/A	$360K-17.8%	$438K-56.8%	$1.0M-24.3%	$1.3M
Gross Profit	$202K	N/A	$252K	N/A	$78K-70.1%	$262K+1086.3%	-$27K+95.1%	-$539K
R&D Expenses	$41K	N/A	N/A	N/A	$543K+1073.1%	$46K-64.8%	$132K-50.4%	$265K
SG&A Expenses	$716K	N/A	$728K	N/A	$657K-48.6%	$1.3M-18.9%	$1.6M-39.9%	$2.6M
Operating Income	-$12.3M	N/A	-$2.0M	N/A	-$1.9M+29.1%	-$2.7M+80.2%	-$13.7M	N/A
Interest Expense	$16K	N/A	$68K	N/A	$473K+403.8%	$94K+43.8%	$65K-42.2%	$113K
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$14.4M	N/A	-$2.0M	N/A	-$2.9M+34.4%	-$4.5M+72.0%	-$15.9M	N/A
EPS (Diluted)	$-17.61	N/A	$-4.94	N/A	$-0.09+25.0%	$-0.12+65.7%	$-0.35	N/A

CRTD Balance Sheet

Metric	FY25	FY24	FY22	FY21	FY20	FY19
Total Assets	$18.1M+701.9%	$2.3M-53.1%	$4.8M-47.5%	$9.2M-14.9%	$10.8M+319.3%	$2.6M
Current Assets	$745K+774.3%	$85K-94.2%	$1.5M-66.9%	$4.5M-44.2%	$8.0M+10175.0%	$78K
Cash & Equivalents	$222K+1331.5%	$15K-97.8%	$706K-81.4%	$3.8M-52.0%	$7.9M+67845.2%	$12K
Inventory	N/A	N/A	$405K+280.6%	$106K	N/A	N/A
Accounts Receivable	$10K+400.0%	$2K-99.2%	$239K-29.0%	$337K+273.5%	$90K+77.7%	$51K
Goodwill	$0-100.0%	$5K-88.3%	$46K-96.6%	$1.4M+32.7%	$1.0M0.0%	$1.0M
Total Liabilities	$14.5M-11.0%	$16.3M-6.2%	$17.3M+135.2%	$7.4M+38.0%	$5.3M-52.0%	$11.1M
Current Liabilities	$7.6M-33.0%	$11.3M-25.8%	$15.2M+180.5%	$5.4M+9.1%	$5.0M-54.5%	$10.9M
Long-Term Debt	N/A	N/A	$38K	N/A	N/A	N/A
Total Equity	$3.7M+126.2%	-$14.0M-19.0%	-$11.8M-750.3%	$1.8M-66.8%	$5.4M+163.6%	-$8.6M
Retained Earnings	-$262.9M-4.0%	-$252.8M-73.0%	-$146.1M-33.3%	-$109.6M-52.4%	-$71.9M-61.3%	-$44.6M

Metric	Q1'26	Q4'25	Q1'25	Q4'24	Q3'23	Q2'23	Q1'23	Q4'22
Total Assets	$12.1M-33.2%	$18.1M	N/A	$2.3M-21.8%	$2.9M-26.4%	$3.9M-12.2%	$4.5M-7.1%	$4.8M
Current Assets	$10.9M+1365.5%	$745K	N/A	$85K-76.6%	$364K-48.8%	$710K-25.0%	$947K-36.0%	$1.5M
Cash & Equivalents	$251K+13.1%	$222K-69.9%	$736K+4654.0%	$15K+129.2%	$7K-93.5%	$104K-39.4%	$172K-75.6%	$706K
Inventory	N/A	N/A	N/A	N/A	$112K-34.0%	$170K-33.5%	$256K-36.7%	$405K
Accounts Receivable	$5K-50.0%	$10K	N/A	$2K-94.3%	$35K-48.1%	$68K-72.3%	$244K+2.1%	$239K
Goodwill	$0	$0	N/A	$5K-88.3%	$46K0.0%	$46K0.0%	$46K0.0%	$46K
Total Liabilities	$11.4M-21.0%	$14.5M	N/A	$16.3M-33.7%	$24.5M+2.7%	$23.8M+20.3%	$19.8M+14.5%	$17.3M
Current Liabilities	$8.3M+10.3%	$7.6M	N/A	$11.3M-48.0%	$21.7M+4.6%	$20.7M+16.6%	$17.8M+16.9%	$15.2M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$38K
Total Equity	$691K-81.2%	$3.7M-11.3%	$4.1M+129.6%	-$14.0M+35.3%	-$21.6M-8.5%	-$19.9M-26.9%	-$15.7M-33.6%	-$11.8M
Retained Earnings	-$277.3M-5.5%	-$262.9M	N/A	-$252.8M-32.7%	-$190.5M-6.4%	-$179.1M-6.3%	-$168.4M-15.2%	-$146.1M

CRTD Cash Flow Statement

Metric	FY25	FY24	FY22	FY21	FY20	FY19
Operating Cash Flow	$4.0M	N/A	-$16.8M+18.1%	-$20.5M-179.5%	-$7.3M-23.2%	-$6.0M
Capital Expenditures	$5K	N/A	$212K+121.2%	$96K+113.2%	$45K+61.3%	$28K
Free Cash Flow	$4.0M	N/A	-$17.0M+17.4%	-$20.6M-179.1%	-$7.4M-23.4%	-$6.0M
Investing Cash Flow	-$5K	N/A	$373K+131.9%	-$1.2M-113.5%	-$547K-50.6%	-$363K
Financing Cash Flow	$4.2M+751.1%	$497K-96.3%	$13.4M-23.9%	$17.6M+11.4%	$15.8M+149.5%	$6.3M
Dividends Paid	$2.1M	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	$16K	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q1'25	Q4'24	Q3'23	Q2'23	Q1'23	Q4'22
Operating Cash Flow	-$1.3M	N/A	-$711K	N/A	-$194K+41.7%	-$333K+88.4%	-$2.9M+3.1%	-$2.9M
Capital Expenditures	$12K	N/A	N/A	N/A	N/A	N/A	N/A	-$2K
Free Cash Flow	-$1.3M	N/A	N/A	N/A	N/A	N/A	N/A	-$2.9M
Investing Cash Flow	$981K	N/A	N/A	N/A	$0	$0-100.0%	$250K-71.2%	$867K
Financing Cash Flow	$357K	N/A	$1.4M	N/A	$96K-63.6%	$265K-87.2%	$2.1M-11.5%	$2.3M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$2K

CRTD Financial Ratios

Metric	FY25	FY24	FY22	FY21	FY20	FY19
Gross Margin	82.8%-12.9pp	95.8%+123.2pp	-27.4%-4.1pp	-23.3%0.0pp	-23.3%-123.3pp	100.0%
Operating Margin	-635.3%	N/A	N/A	-776.1%+566.5pp	-1342.5%+250.6pp	-1593.1%
Net Margin	-629.8%-488.6pp	-141.1%	N/A	-867.3%+1129.0pp	-1996.3%-222.5pp	-1773.8%
Return on Equity	-219.4%	N/A	N/A	-2063.7%-1619.1pp	-444.7%	N/A
Return on Assets	-44.4%+49.1pp	-93.5%	N/A	-406.5%-182.0pp	-224.5%+87.9pp	-312.4%
Current Ratio	0.10+0.1	0.01-0.1	0.10-0.7	0.83-0.8	1.61+1.6	0.01
Debt-to-Equity	3.94	N/A	N/A	4.08+3.1	0.98	N/A
FCF Margin	311.7%	N/A	-354.8%+124.6pp	-479.4%+129.5pp	-608.9%+712.2pp	-1321.2%

Metric	Q1'26	Q4'25	Q1'25	Q4'24	Q3'23	Q2'23	Q1'23	Q4'22
Gross Margin	99.3%	N/A	86.3%	N/A	17.8%-19.6pp	37.4%+40.1pp	-2.7%+64.8pp	-67.5%
Operating Margin	-6057.4%	N/A	-684.0%	N/A	-439.1%-51.3pp	-387.9%+1002.6pp	-1390.4%	N/A
Net Margin	-7079.2%	N/A	-686.8%	N/A	-666.6%-30.3pp	-636.4%+976.6pp	-1613.0%	N/A
Return on Equity	-2085.9%	N/A	-48.4%	N/A	N/A	N/A	N/A	N/A
Return on Assets	-118.9%	N/A	N/A	N/A	-100.9%+12.3pp	-113.3%+242.1pp	-355.4%	N/A
Current Ratio	1.31+1.2	0.10	N/A	0.010.0	0.02-0.0	0.03-0.0	0.05-0.0	0.10
Debt-to-Equity	16.54+12.6	3.94	N/A	N/A	N/A	N/A	N/A	N/A
FCF Margin	-648.5%	N/A	N/A	N/A	N/A	N/A	N/A	-369.2%

Note: The current ratio is below 1.0 (0.10), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Frequently Asked Questions

What is Creatd Inc's annual revenue?

Creatd Inc (CRTD) reported $1.3M in total revenue for fiscal year 2025. This represents a -14.7% 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 Creatd Inc's revenue growing?

Creatd Inc (CRTD) revenue declined by 14.7% year-over-year, from $1.5M to $1.3M in fiscal year 2025.

Is Creatd Inc profitable?

No, Creatd Inc (CRTD) reported a net income of -$8.1M in fiscal year 2025, with a net profit margin of -629.8%.

What is Creatd Inc's EBITDA?

Creatd Inc (CRTD) had EBITDA of -$7.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Creatd Inc's gross margin?

Creatd Inc (CRTD) had a gross margin of 82.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Creatd Inc's operating margin?

Creatd Inc (CRTD) had an operating margin of -635.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Creatd Inc's net profit margin?

Creatd Inc (CRTD) had a net profit margin of -629.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

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

Creatd Inc (CRTD) has a return on equity of -219.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Creatd Inc's free cash flow?

Creatd Inc (CRTD) generated $4.0M in free cash flow during fiscal year 2025. 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 Creatd Inc's operating cash flow?

Creatd Inc (CRTD) generated $4.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Creatd Inc's total assets?

Creatd Inc (CRTD) had $18.1M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Creatd Inc's capital expenditures?

Creatd Inc (CRTD) invested $5K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Creatd Inc spend on research and development?

Creatd Inc (CRTD) invested $2K in research and development during fiscal year 2025.

How many shares does Creatd Inc have outstanding?

Creatd Inc (CRTD) had 757,783 shares outstanding as of fiscal year 2025.

What is Creatd Inc's current ratio?

Creatd Inc (CRTD) had a current ratio of 0.10 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

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

Creatd Inc (CRTD) had a debt-to-equity ratio of 3.94 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

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

Creatd Inc (CRTD) had a return on assets of -44.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Creatd Inc's Altman Z-Score?

Creatd Inc (CRTD) has an Altman Z-Score of -22.08, 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 Creatd Inc's Piotroski F-Score?

Creatd Inc (CRTD) 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 Creatd Inc's earnings high quality?

Creatd Inc (CRTD) has an earnings quality ratio of -0.50x, 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 Creatd Inc cover its interest payments?

Creatd Inc (CRTD) has an interest coverage ratio of -11.2x, meaning it can struggle to 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.