Cyngn Inc Financials
Cyngn Inc (CYN) reported $219K in revenue for fiscal year 2025, down 40.5% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 6 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).
CYN’s dominant mechanic is development-stage spending: $23.6M of operating cash use against just $990K of ending cash.
Cash conversion is not the central issue: FY2025 operating cash flow of-$23.6M nearly matched free cash flow of-$24.8M , while capital expenditures were only$1.2M . That alignment indicates the cash drain is primarily the operating platform itself, not unusually heavy physical reinvestment.
Revenue fell to
Gross margin recovered to
Financial Health Signals
Cyngn 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.
Cyngn Inc scores -6.06, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($15.7M) relative to total liabilities ($11.3M). 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.
Cyngn Inc passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
Cyngn Inc reported a net loss of $23.5M while operations used $23.6M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Cyngn Inc generated $219K in revenue in fiscal year 2025. This represents a decrease of 40.5% from the prior year.
Cyngn Inc's EBITDA was -$24.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 10.6% from the prior year.
Cyngn Inc reported -$23.5M in net income in fiscal year 2025. This represents an increase of 29.6% from the prior year.
Cash & Balance Sheet
Cyngn Inc recorded an outflow of $24.8M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents a decrease of 22.5% from the prior year.
Cyngn Inc held $990K in cash as of fiscal year 2025; long-term debt is not reported for that period.
Not reported for fiscal year 2025.
Margins & Returns
Cyngn Inc's gross margin was 38.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 83.5 percentage points from the prior year.
Cyngn Inc's ROE was -60.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity.
Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
Cyngn Inc invested $12.5M in research and development in fiscal year 2025. This represents an increase of 10.7% from the prior year.
Cyngn Inc invested $1.2M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 17.0% from the prior year.
Not reported for fiscal year 2025.
CYN Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|---|
| Revenue | $387K | $219K-40.5% | $368K-75.3% | $1.5M+468.4% | $262K | N/A | N/A |
| Cost of Revenue | $253K | $136K-74.7% | $536K-56.2% | $1.2M+554.3% | $187K | N/A | N/A |
| Gross Profit | $134K | $83K+149.7% | -$168K-162.8% | $267K+255.2% | $75K | N/A | N/A |
| R&D Expenses | $14.4M | $12.5M+10.7% | $11.3M-11.5% | $12.7M+34.2% | $9.5M+90.0% | $5.0M-2.5% | $5.1M |
| SG&A Expenses | $14.4M | $13.3M+16.7% | $11.4M+4.7% | $10.9M+9.0% | $10.0M+126.7% | $4.4M+35.6% | $3.3M |
| Operating Income | -$28.7M | -$25.7M-12.5% | -$22.8M+2.2% | -$23.3M-20.3% | -$19.4M-106.4% | -$9.4M-12.3% | -$8.4M |
| Interest Expense | N/A | N/A | N/A | $138K+212.7% | $44K+560.3% | -$10K-124.0% | $40K |
| Income Tax | N/A | N/A | N/A | N/A | $850+6.3% | $8000.0% | $800 |
| Net Income | -$27.0M | -$23.5M+29.6% | -$33.3M-46.1% | -$22.8M-18.6% | -$19.2M-146.6% | -$7.8M+6.5% | -$8.3M |
| EPS (Diluted) | — | -$5.17 | -$2521.41 | -$6528.92 | -$0.55 | -$1.33 | N/A |
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
CYN Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|
| Total Assets | $50.1M+66.3% | $30.1M+130.9% | $13.0M-48.9% | $25.5M+12.6% | $22.7M+239.5% | $6.7M |
| Current Assets | $39.2M+53.2% | $25.6M+170.1% | $9.5M-60.2% | $23.8M+5.6% | $22.5M+246.2% | $6.5M |
| Cash & Equivalents | $990K-95.8% | $23.6M+557.6% | $3.6M-65.9% | $10.5M-52.0% | $21.9M+262.4% | $6.1M |
| Inventory | $2.0M+1257.6% | $150K | N/A | $67K | N/A | N/A |
| Accounts Receivable | $780K | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $11.3M-63.7% | $31.1M+1198.6% | $2.4M+72.8% | $1.4M+240.5% | $407K-62.1% | $1.1M |
| Current Liabilities | $3.5M+3.0% | $3.4M+65.3% | $2.1M+50.0% | $1.4M+240.5% | $407K+7.1% | $380K |
| Total Equity | $38.8M+3798.2% | -$1.0M-109.9% | $10.6M-55.9% | $24.1M+8.4% | $22.2M+297.4% | $5.6M |
| Retained Earnings | -$216.8M-12.1% | -$193.4M-20.8% | -$160.0M-17.9% | -$135.7M-16.5% | -$116.5M-7.2% | -$108.7M |
Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.
CYN Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$24.0M | -$23.6M-22.8% | -$19.2M+1.4% | -$19.5M-19.5% | -$16.3M-88.6% | -$8.6M-9.1% | -$7.9M |
| Capital Expenditures | $1.5M | $1.2M+17.0% | $1.1M+0.5% | $1.0M+13.9% | $918K | N/A | N/A |
| Free Cash Flow | -$25.5M | -$24.8M-22.5% | -$20.2M+1.3% | -$20.5M-19.2% | -$17.2M | N/A | N/A |
| Investing Cash Flow | -$28.5M | -$34.1M-1262.9% | $2.9M-53.9% | $6.4M+147.7% | -$13.3M-66596.3% | -$20K | N/A |
| Financing Cash Flow | $23.4M | $35.1M-3.3% | $36.3M+492.8% | $6.1M-66.4% | $18.2M-24.6% | $24.2M+3378.8% | $696K |
| Dividends Paid | N/A | N/A | N/A | $1.5M | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Share Buybacks.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
CYN Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|
| Gross Margin | 38.0%+83.5pp | -45.5%-63.4pp | 17.9%-10.8pp | 28.7% | N/A | N/A |
| Operating Margin | -11731.1% | -6201.0% | -1567.6% | -7404.9% | N/A | N/A |
| Net Margin | -10717.7% | -9055.2% | -1531.7% | -7342.2% | N/A | N/A |
| Return on Equity | -60.6% | N/A | -214.5%-134.7pp | -79.8%-44.7pp | -35.1%+113.9pp | -149.0% |
| Return on Assets | -46.9%+63.9pp | -110.8%+64.3pp | -175.0%-99.6pp | -75.4%-41.0pp | -34.4%+90.5pp | -125.0% |
| Current Ratio | 11.07+3.6x | 7.44+2.9x | 4.55-12.6x | 17.14-38.1x | 55.28+38.2x | 17.10 |
| Debt-to-Equity | 0.29 | N/A | 0.23+0.2x | 0.060.0x | 0.02-0.2x | 0.19 |
| FCF Margin | -11328.7% | -5500.0% | -1378.0% | -6571.6% | N/A | 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.
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Where Cyngn Inc Ranks
Frequently Asked Questions
What is Cyngn Inc's annual revenue?
Cyngn Inc (CYN) reported $219K in total revenue for fiscal year 2025. This represents a -40.5% 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 Cyngn Inc's revenue growing?
Cyngn Inc (CYN) revenue declined by 40.5% year-over-year, from $368K to $219K in fiscal year 2025.
Is Cyngn Inc profitable?
No, Cyngn Inc (CYN) reported a net income of -$23.5M in fiscal year 2025.
What is Cyngn Inc's EBITDA?
Cyngn Inc (CYN) had EBITDA of -$24.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Cyngn Inc's gross margin?
Cyngn Inc (CYN) had a gross margin of 38.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Cyngn Inc's return on equity (ROE)?
Cyngn Inc (CYN) has a return on equity of -60.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Cyngn Inc's free cash flow?
Cyngn Inc (CYN) recorded an outflow of $24.8M in free cash flow during fiscal year 2025. This represents a -22.5% 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 Cyngn Inc's operating cash flow?
Cyngn Inc (CYN) recorded an outflow of $23.6M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Cyngn Inc's total assets?
Cyngn Inc (CYN) had $50.1M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Cyngn Inc's capital expenditures?
Cyngn Inc (CYN) invested $1.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Cyngn Inc spend on research and development?
Cyngn Inc (CYN) invested $12.5M in research and development during fiscal year 2025.
What is Cyngn Inc's current ratio?
Cyngn Inc (CYN) had a current ratio of 11.07 as of fiscal year 2025, which is generally considered healthy.
What is Cyngn Inc's debt-to-equity ratio?
Cyngn Inc (CYN) had a debt-to-equity ratio of 0.29 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Cyngn Inc's return on assets (ROA)?
Cyngn Inc (CYN) had a return on assets of -46.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Cyngn Inc's cash runway?
Based on fiscal year 2025 data, Cyngn Inc (CYN) had $990K in cash against an annual operating cash burn of $23.6M. This gives an estimated cash runway of approximately 1 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Cyngn Inc's Altman Z-Score?
Cyngn Inc (CYN) has an Altman Z-Score of -6.06, 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 Cyngn Inc's Piotroski F-Score?
Cyngn Inc (CYN) has a Piotroski F-Score of 3 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 Cyngn Inc's earnings high quality?
Cyngn Inc (CYN) reported a net loss of $23.5M while operations used $23.6M 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.