Dalrada Financl (DFCO) Financials
Newest figures come from the 10-Q for Q3 FY2026, filed May 21, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the DFCO SEC filings page.
Dalrada Financl (DFCO) reported $20.3M in revenue for fiscal year 2025, up 2.3% 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).
Margin recovery without operating break-even leaves financing to absorb cash needs rather than internally generated funds.
Revenue was essentially flat between FY2024 and FY2025, while gross margin rose from5.0% to26.1% ; that points to a cost or revenue-mix shift, not volume-led operating leverage. Despite lower SG&A in FY2025, operating cash flow was-$18.0M versus-$7.9M in FY2024, revealing a cash-conversion gap beneath the improved gross economics.
FY2025 gross profit of
Equity shifted from positive in FY2024 to negative in FY2025, while the current ratio remained below 1.0x; liabilities therefore exceed the asset base and short-term obligations are not matched by current assets. Financing cash flow nearly offset operating cash flow in FY2025, alongside a
Financial Health Signals
Dalrada Financl 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.
Dalrada Financl scores -17.89, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($4.2M) relative to total liabilities ($25.0M). 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.
Dalrada Financl 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, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
Dalrada Financl reported a net loss of $24.6M while operations used $18.0M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Dalrada Financl reported an operating loss of $20.5M against $4.2M 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
Earnings & Revenue
Dalrada Financl generated $2.6M in revenue in Q3 2026. This represents a decrease of 43.9% from the same quarter a year earlier. Against the prior quarter it is down 21.3%.
Dalrada Financl's EBITDA was -$3.2M in Q3 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 17.1% from the same quarter a year earlier. Against the prior quarter it is up 8.4%.
Dalrada Financl reported -$4.3M in net income in Q3 2026. This represents a decrease of 3.1% from the same quarter a year earlier. Against the prior quarter it is up 2.0%.
Dalrada Financl earned -$0.04 per diluted share (EPS) in Q3 2026. This represents an increase of 20.0% from the same quarter a year earlier. It is unchanged from the prior quarter.
Cash & Balance Sheet
Dalrada Financl held $83K in cash as of Q3 2026; long-term debt is not reported for that period.
Not reported for Q3 2026.
Not reported for Q3 2026.
Margins & Returns
Dalrada Financl's gross margin was 30.4% in Q3 2026, indicating the percentage of revenue retained after direct costs. This is down 0.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 4.1 percentage points.
Not shown for Q3 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for Q3 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not reported for Q3 2026.
Capital Allocation
Dalrada Financl reported no research and development spending in Q3 2026.
Not reported for Q3 2026.
Not reported for Q3 2026.
DFCO 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.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.6M-43.9% | $3.3M+4.7% | $4.1M-32.0% | $6.6M-6.5% | $4.6M+33.4% | $3.1M-28.5% | $6.0M+20.2% | $7.0M-34.5% |
| Cost of Revenue | $1.8M-43.6% | $2.1M-6.4% | $3.5M-27.3% | $4.7M-20.3% | $3.2M-36.9% | $2.3M-41.7% | $4.9M+20.3% | $5.9M-32.8% |
| Gross Profit | $780K-44.5% | $1.1M+34.7% | $560K-51.8% | $1.9M+55.5% | $1.4M+185.0% | $835K+87.3% | $1.2M+19.8% | $1.2M-38.9% |
| R&D Expenses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | N/A |
| SG&A Expenses | $4.1M-23.9% | $4.7M-20.1% | $5.9M-14.6% | $4.9M-42.5% | $5.3M-23.7% | $5.9M-5.6% | $6.9M+13.9% | $8.6M-22.4% |
| Operating Income | -$3.3M+16.6% | -$3.6M+29.2% | -$5.3M+7.0% | -$5.8M+21.5% | -$3.9M+54.5% | -$5.0M+12.7% | -$5.7M-12.8% | -$7.3M+23.5% |
| EBITDA | -$3.2M+17.1% | -$3.4M+30.1% | -$5.1M+6.8% | -$5.2M+23.0% | -$3.8M+55.1% | -$4.9M+12.8% | -$5.5M-9.4% | -$6.8M+27.8% |
| Interest Expense | -$1.0M-267.1% | -$837K+50.6% | -$732K+32.0% | -$1.1M-302.9% | -$284K-181.7% | -$1.7M-891.6% | -$1.1M-1051.3% | $567K+63.8% |
| Income Tax | $0 | $15K+92.7% | $12K | $2K-62.9% | $0 | $8K | $0 | $6K |
| Net Income | -$4.3M-3.1% | -$4.4M+34.2% | -$6.1M+10.8% | -$6.9M+12.4% | -$4.2M+54.6% | -$6.7M+3.6% | -$6.8M-41.2% | -$7.9M+3.8% |
| EPS (Basic) | -$0.04+20.0% | -$0.04+42.9% | -$0.06+14.3% | N/A | -$0.05+50.0% | -$0.07+12.5% | -$0.07-40.0% | N/A |
| EPS (Diluted) | -$0.04+20.0% | -$0.04+42.9% | -$0.06+14.3% | N/A | -$0.05+50.0% | -$0.07+12.5% | -$0.07-40.0% | N/A |
| Diluted Shares (Avg) | 108M+16.7% | 108M+16.7% | 108M+17.7% | N/A | 93M0.0% | 93M+3.3% | 92M+3.4% | N/A |
DFCO 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 | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $17.7M-18.5% | $17.6M-16.5% | $18.0M-19.9% | $18.4M-20.4% | $21.7M-8.8% | $21.1M-15.3% | $22.4M-11.7% | $23.1M-8.4% |
| Current Assets | $8.0M+5.2% | $7.2M+14.1% | $8.0M+14.0% | $7.7M-10.0% | $7.6M-21.0% | $6.3M-36.8% | $7.0M-31.5% | $8.6M-12.3% |
| Cash & Equivalents | $83K-16.4% | $70K-49.9% | $160K-56.3% | $173K-65.6% | $99K-81.5% | $140K-76.6% | $366K+9.0% | $502K-38.2% |
| Inventory | $2.7M-4.7% | $2.7M+3.5% | $2.7M-8.2% | $2.7M+1.6% | $2.9M+3.7% | $2.6M+2.2% | $2.9M+29.6% | $2.6M+27.4% |
| Accounts Receivable | $2.4M-15.9% | $2.1M-8.7% | $2.5M+94.6% | $2.7M-4.1% | $2.8M-19.5% | $2.3M-41.8% | $1.3M-72.1% | $2.9M-35.7% |
| Goodwill | $1.5M-63.9% | $1.5M-63.7% | $1.5M-63.6% | $1.5M-63.3% | $4.2M+11.0% | $4.2M+10.9% | $4.2M+10.8% | $4.2M+9.8% |
| Total Liabilities | $38.5M+14.3% | $34.5M+18.7% | $30.6M+22.8% | $25.0M+27.0% | $33.7M+57.7% | $29.0M-1.1% | $24.9M+0.6% | $19.7M-5.7% |
| Current Liabilities | $29.9M+29.5% | $22.5M+14.7% | $19.6M+10.2% | $15.7M+0.3% | $23.1M+117.9% | $19.6M+38.3% | $17.8M+49.0% | $15.7M+56.6% |
| Non-Current Liabilities | $8.6M-18.8% | $12.0M+27.0% | $11.0M+54.2% | $9.3M+131.0% | $10.6M-1.5% | $9.4M-37.9% | $7.1M-44.5% | $4.0M-63.0% |
| Total Equity | -$20.9M-76.4% | -$16.8M-113.6% | -$12.7M-431.8% | -$6.8M-296.3% | -$11.8M-593.9% | -$7.9M-71.7% | -$2.4M-530.2% | $3.4M-16.3% |
| Retained Earnings | -$210.1M-11.5% | -$205.8M-11.7% | -$201.4M-13.5% | -$195.3M-14.4% | -$188.4M-16.9% | -$184.2M-20.0% | -$177.5M-21.1% | -$170.7M-20.4% |
Not reported in any period shown, so not listed: Short-Term Investments, Long-Term Investments, Long-Term Debt.
DFCO 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.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$2.8M-63.8% | $955K+131.9% | -$4.2M-192.2% | -$11.8M-434.4% | -$1.7M+21.7% | -$3.0M-73.9% | -$1.4M+17.9% | -$2.2M-140.5% |
| Depreciation & Amortization | $127K-2.4% | $125K+10.6% | $218K-13.2% | $502K-2.9% | $130K-23.7% | $113K-11.4% | $252K+259.1% | $517K+269.1% |
| Stock-Based Compensation | $127K-52.0% | $160K-57.9% | $131K-86.9% | N/A | $264K-75.5% | $379K-62.8% | $1.0M-9.5% | N/A |
| Capital Expenditures | N/A | N/A | N/A | $87K-46.1% | $18K-30.9% | -$172K-14.3% | $441K+347.7% | $162K-10.8% |
| Free Cash Flow | N/A | N/A | N/A | -$11.9M-401.7% | -$1.7M+21.8% | -$3.2M-64.7% | -$1.9M-1.5% | -$2.4M-145.0% |
| Investing Cash Flow | $0+100.0% | $0-100.0% | $0+100.0% | -$217K+22.4% | -$23K-184.7% | $169K+184.1% | -$626K-535.9% | -$280K-51.2% |
| Financing Cash Flow | $2.7M+55.6% | -$1.5M-160.4% | $4.5M+131.5% | $12.6M+422.3% | $1.7M-18.5% | $2.5M+13.7% | $2.0M+51.0% | $2.4M+142.1% |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
DFCO 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.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 30.4%-0.3pp | 34.5%+7.7pp | 13.7%-5.6pp | 28.8%+11.5pp | 30.7%+78.9pp | 26.8%+16.6pp | 19.3%-0.1pp | 17.3%-1.2pp |
| Operating Margin | -128.0% | -109.6% | -129.8% | -87.4% | -86.1% | -162.0% | -94.9% | -104.2% |
| Net Margin | -168.6% | -135.5% | -147.9% | -105.5% | -91.7% | -215.4% | -112.7% | -112.6% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -230.3%-29.8pp |
| Return on Assets | -24.4%-5.1pp | -25.1%+6.7pp | -33.7%-3.4pp | -37.8%-3.5pp | -19.3%+19.5pp | -31.8%-3.9pp | -30.3%-11.3pp | -34.4%-1.6pp |
| Current Ratio | 0.27-0.1x | 0.320.0x | 0.410.0x | 0.49-0.1x | 0.33-0.6x | 0.32-0.4x | 0.39-0.5x | 0.55-0.4x |
| Debt-to-Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 5.73+0.6x |
| Asset Turnover | 0.14-0.1x | 0.190.0x | 0.230.0x | 0.36+0.1x | 0.21+0.1x | 0.150.0x | 0.27+0.1x | 0.31-0.1x |
| FCF Margin | N/A | N/A | N/A | -181.0% | -37.8%+26.7pp | -101.5% | -31.2%+5.7pp | -33.8%-82.8pp |
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.
Note: Shareholder equity is negative (-$6.8M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.49), 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 |
|---|---|---|---|---|---|---|
| Dalrada Financl DFCO | FY2025 | $20.3M | -$24.6M | N/A | $4.2M | — |
| Crown Equity Hol CRWE | FY2025 | $777 | N/A | N/A | $13.7M | — |
Where Dalrada Financl Ranks
Frequently Asked Questions
What is Dalrada Financl's annual revenue?
Dalrada Financl (DFCO) reported $20.3M in total revenue for fiscal year 2025. This represents a 2.3% 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 Dalrada Financl's revenue growing?
Dalrada Financl (DFCO) revenue grew by 2.3% year-over-year, from $19.8M to $20.3M in fiscal year 2025.
Is Dalrada Financl profitable?
No, Dalrada Financl (DFCO) reported a net income of -$24.6M in fiscal year 2025.
What is Dalrada Financl's EBITDA?
Dalrada Financl (DFCO) had EBITDA of -$19.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Dalrada Financl's gross margin?
Dalrada Financl (DFCO) had a gross margin of 26.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Dalrada Financl's free cash flow?
Dalrada Financl (DFCO) recorded an outflow of $18.3M in free cash flow during fiscal year 2025. This represents a -120.8% 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 Dalrada Financl's operating cash flow?
Dalrada Financl (DFCO) recorded an outflow of $18.0M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Dalrada Financl's total assets?
Dalrada Financl (DFCO) had $18.4M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Dalrada Financl's capital expenditures?
Dalrada Financl (DFCO) invested $374K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Dalrada Financl's current ratio?
Dalrada Financl (DFCO) had a current ratio of 0.49 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Dalrada Financl's return on assets (ROA)?
Dalrada Financl (DFCO) had a return on assets of -134.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Why is Dalrada Financl's debt-to-equity ratio negative or not reported?
Dalrada Financl (DFCO) has negative shareholder equity of -$6.8M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Dalrada Financl's Altman Z-Score?
Dalrada Financl (DFCO) has an Altman Z-Score of -17.89, 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 Dalrada Financl's Piotroski F-Score?
Dalrada Financl (DFCO) 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 Dalrada Financl's earnings high quality?
Dalrada Financl (DFCO) reported a net loss of $24.6M while operations used $18.0M 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 Dalrada Financl cover its interest payments?
Dalrada Financl (DFCO) reported an operating loss of $20.5M against $4.2M 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.