Empery Digital Inc. (EMPD) 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 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 7, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the EMPD SEC filings page.
Empery Digital Inc. (EMPD) reported $628K in revenue over the twelve months to Jun 30, 2026, down 76.4% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 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).
The balance sheet expanded through financing and asset purchases, while the underlying operation remained cash-consuming and loss-making.
Total assets jumped from$6.2M in FY2024 to$372.4M in FY2025, indicating a major change in balance-sheet scale rather than ordinary operating growth. That expansion coincided with$478.4M of financing inflows and$453.8M of investing outflows, while operations still produced negative cash flow, so the transformation was funded externally rather than by the business itself.
Positive equity of
Operating cash flow was
Financial Health Signals
Empery Digital 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.
Empery Digital Inc. scores -2.14, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($90.9M) relative to total liabilities ($103.2M). 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.
Empery Digital Inc. passes 2 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 3 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
Empery Digital Inc. reported a net loss of $150.1M while operations used $17.8M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Empery Digital Inc. reported an operating loss of $153.5M against $2.3M 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
Empery Digital Inc. generated $80K in revenue in Q2 2026. This represents a decrease of 57.9% from the same quarter a year earlier. Against the prior quarter it is down 64.5%.
Empery Digital Inc.'s EBITDA was -$42.1M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 1151.7% from the same quarter a year earlier. Against the prior quarter it is up 49.5%.
Empery Digital Inc. reported -$43.0M in net income in Q2 2026. This represents a decrease of 1003.5% from the same quarter a year earlier. Against the prior quarter it is up 49.6%.
Empery Digital Inc. earned -$1.53 per diluted share (EPS) in Q2 2026. Against the prior quarter it is up 40.9%.
Cash & Balance Sheet
Empery Digital Inc. recorded an outflow of $6.9M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 88.3% from the same quarter a year earlier. Against the prior quarter it is down 95.8%.
Empery Digital Inc. held $3.6M in cash against $55.0M in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Empery Digital Inc.'s gross margin was -85.2% in Q2 2026, indicating the percentage of revenue retained after direct costs. Against the prior quarter it is down 113.2 percentage points. No change is given against Q2 2025: its reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Empery Digital Inc.'s ROE was -38.0% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 9.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 13.5 percentage points.
Not shown for Q2 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for Q2 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
Empery Digital Inc. spent $9.8M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 8837.3% from the same quarter a year earlier. Against the prior quarter it is down 77.9%.
Empery Digital Inc. invested $2 in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 99.9% from the same quarter a year earlier. Against the prior quarter it is down 100.0%.
Not reported for Q2 2026.
EMPD 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 | 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 | $80K-57.9% | $226K-51.2% | $124K-86.7% | $198K-81.6% | $190K-79.8% | $462K-55.3% | $933K-13.9% | $1.1M+120.7% |
| Cost of Revenue | $148K-61.7% | $163K-67.8% | $154K-94.8% | $292K-97.2% | $387K-87.6% | $505K-68.9% | $3.0M-52.9% | $10.3M+190.6% |
| Gross Profit | -$68K+65.4% | $63K+249.3% | -$30K+98.5% | -$93K+99.0% | -$197K+90.9% | -$42K+92.8% | -$2.0M+61.1% | -$9.2M-201.8% |
| SG&A Expenses | $3.7M+30.3% | $4.6M+195.1% | $4.8M+207.6% | $19.4M+912.2% | $2.8M+41.7% | $1.5M-25.5% | $1.6M+12.9% | $1.9M+24.1% |
| Operating Income | -$42.1M-1109.0% | -$83.3M-3825.3% | -$113.4M-2924.3% | -$34.5M-184.2% | -$3.5M+37.1% | -$2.1M+50.0% | -$3.7M+62.1% | -$12.1M-28.4% |
| EBITDA | -$42.1M-1151.7% | -$83.3M-3901.5% | -$113.4M-3000.1% | -$34.4M-184.9% | -$3.4M+38.1% | -$2.1M+49.8% | -$3.7M+62.7% | -$12.1M-28.5% |
| Interest Expense | $1.1M+1327.1% | $2.1M+2207.7% | $1.7M+5073.1% | $361K+333.8% | $74K-62.2% | $89K-73.0% | $33K-92.6% | $83K-92.7% |
| Income Tax | $0 | $0 | $0 | -$5.4M | $0 | $0 | $0 | $0 |
| Net Income | -$43.0M-1003.5% | -$85.4M-3371.1% | -$114.5M | -$29.2M-113.9% | -$3.9M-543.1% | -$2.5M+90.6% | N/A | -$13.6M-20.4% |
| EPS (Basic) | -$1.53+79.8% | -$2.59+64.4% | -$5.27-101.5% | -$0.80+99.6% | -$7.57-7736.4% | -$7.27-178.0% | $349.99-99.6% | -$191.46+99.7% |
| EPS (Diluted) | -$1.53 | -$2.59 | -$5.27-101.5% | -$0.80 | -$7.57 | -$7.27 | $349.99 | -$191.46 |
| Diluted Shares (Avg) | 28M | 33M | N/A | 36M | 515,490 | 338,235 | N/A | 71,234 |
Not reported in any period shown, so not listed: R&D Expenses.
EMPD 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 | 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 | $179.5M+900.9% | $217.8M+902.4% | $372.4M+5881.5% | $492.3M+4819.4% | $17.9M+13.6% | $21.7M+25.0% | $6.2M-71.9% | $10.0M-38.0% |
| Current Assets | $5.0M-69.5% | $12.8M-37.2% | $14.3M+181.4% | $25.2M+190.3% | $16.5M+18.0% | $20.5M+35.7% | $5.1M-74.1% | $8.7M-35.5% |
| Cash & Equivalents | $3.6M-69.6% | $5.7M-67.7% | $9.0M+308.6% | $18.8M+218.3% | $11.8M+446.7% | $17.7M+380.7% | $2.2M-73.2% | $5.9M+98.6% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $334K-32.2% | $397K | $346K-76.2% | $498K-67.5% | $493K-94.9% | N/A | $1.5M-83.8% | $1.5M-78.3% |
| Accounts Receivable | $50K-75.0% | $63K-39.3% | $312K+253.7% | $1.6M+355.3% | $200K-33.8% | $104K-63.4% | $88K-56.6% | $347K+68.1% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $66.1M+1506.6% | $51.7M+936.9% | $103.2M+1568.7% | $54.6M+1003.8% | $4.1M-47.8% | $5.0M-63.3% | $6.2M-85.2% | $4.9M-86.7% |
| Current Liabilities | $10.7M+195.8% | $6.3M+56.9% | $52.8M+1038.4% | $54.1M+1192.0% | $3.6M-45.1% | $4.0M-68.8% | $4.6M-88.7% | $4.2M-88.4% |
| Non-Current Liabilities | $55.4M+11325.0% | $45.4M+4592.4% | $50.4M+3156.2% | $512K-32.6% | $485K-62.0% | $968K+37.8% | $1.5M+83.5% | $760K-17.2% |
| Long-Term Debt | $55.0M+137439.4% | $45.0M+105213.1% | $49.9M | $37K-22.6% | $40K-21.4% | $43K-20.3% | $0-100.0% | $48K-57.3% |
| Total Equity | $113.4M+720.5% | $166.1M+892.2% | $269.2M+660370.1% | $437.6M+8552.1% | $13.8M+75.0% | $16.7M+342.0% | $41K+100.2% | $5.1M+124.2% |
| Retained Earnings | -$444.8M-157.6% | -$401.8M-138.0% | -$316.4M-90.2% | -$201.8M-25.3% | -$172.7M-17.1% | -$168.8M-14.9% | -$166.3M-37.7% | -$161.1M-37.2% |
Not reported in any period shown, so not listed: Goodwill.
EMPD 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 | 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 | -$6.9M-88.5% | -$3.5M+2.1% | -$3.0M+20.5% | -$7.6M-87.2% | -$3.7M-0.1% | -$3.6M+21.3% | -$3.8M+70.5% | -$4.1M+34.5% |
| Depreciation & Amortization | $13K-89.5% | $15K-64.2% | $29K-68.9% | $112K+55.2% | $120K+20.3% | $41K-58.3% | $93K+22.8% | $72K+10.1% |
| Stock-Based Compensation | $93K-91.5% | $1.7M+16854.4% | N/A | $13.8M+136718.5% | $1.1M+279.0% | $10K+623.0% | N/A | $10K-98.1% |
| Capital Expenditures | $2-99.9% | $24K-88.2% | $3-100.0% | -$3-100.0% | $3K-97.5% | $202K+53.2% | $36K-72.8% | $21K-95.1% |
| Free Cash Flow | -$6.9M-88.3% | -$3.5M+6.7% | -$3.0M+21.2% | -$7.6M-86.2% | -$3.7M+3.1% | -$3.8M+19.2% | -$3.8M+70.5% | -$4.1M+38.4% |
| Investing Cash Flow | $4.6M+327.7% | $74.7M+37095.0% | $78K+346.9% | -$451.6M-2803976.7% | -$2.0M-1622.2% | -$202K-204.8% | -$32K+75.9% | -$16K+96.2% |
| Financing Cash Flow | $223K+299.2% | -$74.4M-488.7% | $483.8M+264017.2% | -$24.4M-411.3% | -$112K-105.0% | $19.1M+21127.6% | $183K-99.0% | $7.8M+610.2% |
| Share Buybacks | $9.8M+8837.3% | $44.2M+10905.3% | $56.9M | $38.9M | $109K | $402K | $0 | $0 |
Not reported in any period shown, so not listed: Dividends Paid.
EMPD 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 | 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 | -85.2% | 28.0%+37.1pp | -24.1% | -47.0% | -103.6% | -9.1%+47.8pp | -217.0% | -856.9% |
| Operating Margin | -52573.0% | -36912.1% | -91322.8% | -17388.6% | -1829.8% | -459.1% | -401.8% | -1127.9% |
| Net Margin | -53780.3% | -37839.1% | -92228.3% | -14710.6% | -2050.7% | -532.2% | N/A | -1267.7% |
| Return on Equity | -38.0%-9.7pp | -51.4%-36.7pp | -42.5% | -6.7%+263.0pp | -28.2%-20.5pp | -14.7%+673.1pp | N/A | -269.6% |
| Return on Assets | -24.0%-2.2pp | -39.2%-27.9pp | -30.8% | -5.9%+130.4pp | -21.7%-17.9pp | -11.3%+138.5pp | N/A | -136.3%-66.1pp |
| Current Ratio | 0.47-4.1x | 2.03-3.1x | 0.27-0.8x | 0.47-1.6x | 4.56+2.4x | 5.09+3.9x | 1.09+0.6x | 2.07+1.7x |
| Debt-to-Equity | 0.48+0.5x | 0.27+0.3x | 0.19+0.2x | 0.000.0x | 0.000.0x | 0.000.0x | 0.00 | 0.01 |
| Asset Turnover | 0.000.0x | 0.000.0x | 0.00-0.1x | 0.00-0.1x | 0.010.0x | 0.020.0x | 0.15+0.1x | 0.11+0.1x |
| FCF Margin | -8619.5% | -1560.6% | -2410.8% | -3844.9% | -1925.7% | -816.2% | -407.3% | -380.6% |
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: Gross Margin, Operating Margin, Net Margin, FCF Margin.
Note: The current ratio is below 1.0 (0.27), 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 |
|---|---|---|---|---|---|---|
| Empery Digital Inc. EMPD | FY2025 | $975K | -$150.1M | N/A | $90.9M | — |
| Niu Technologies NIU | FY2025 | $616.0M | -$5.6M | -0.9% | $154.5M | 36/100 |
| NWTN Inc. NWTN | FY2025 | $950K | N/A | N/A | $406.2M | — |
| Robo.ai Inc. AIIO | FY2025 | $950K | N/A | N/A | $123.8M | — |
| LiveWire Group, Inc. LVWR | FY2025 | $25.7M | -$75.1M | N/A | $330.7M | 52/100 |
Where Empery Digital Inc. Ranks
Frequently Asked Questions
What is Empery Digital Inc.'s annual revenue?
Empery Digital Inc. (EMPD) reported $975K in total revenue for fiscal year 2025. This represents a -75.5% 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 Empery Digital Inc.'s revenue growing?
Empery Digital Inc. (EMPD) revenue declined by 75.5% year-over-year, from $4.0M to $975K in fiscal year 2025.
Is Empery Digital Inc. profitable?
No, Empery Digital Inc. (EMPD) reported a net income of -$150.1M in fiscal year 2025.
What is Empery Digital Inc.'s EBITDA?
Empery Digital Inc. (EMPD) had EBITDA of -$153.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Empery Digital Inc. have?
As of fiscal year 2025, Empery Digital Inc. (EMPD) had $9.0M in cash and equivalents against $49.9M in long-term debt.
What is Empery Digital Inc.'s gross margin?
Empery Digital Inc. (EMPD) had a gross margin of -37.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Empery Digital Inc.'s return on equity (ROE)?
Empery Digital Inc. (EMPD) has a return on equity of -55.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Empery Digital Inc.'s free cash flow?
Empery Digital Inc. (EMPD) recorded an outflow of $18.1M in free cash flow during fiscal year 2025. This represents a -10.4% 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 Empery Digital Inc.'s operating cash flow?
Empery Digital Inc. (EMPD) recorded an outflow of $17.8M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Empery Digital Inc.'s total assets?
Empery Digital Inc. (EMPD) had $372.4M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Empery Digital Inc.'s capital expenditures?
Empery Digital Inc. (EMPD) invested $205K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Empery Digital Inc.'s current ratio?
Empery Digital Inc. (EMPD) had a current ratio of 0.27 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Empery Digital Inc.'s debt-to-equity ratio?
Empery Digital Inc. (EMPD) had a debt-to-equity ratio of 0.19 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Empery Digital Inc.'s return on assets (ROA)?
Empery Digital Inc. (EMPD) had a return on assets of -40.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Empery Digital Inc.'s P/E ratio?
Empery Digital Inc. (EMPD) 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 $90.9M as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Empery Digital Inc.'s price-to-sales ratio?
Empery Digital Inc. (EMPD) trades at 145x sales, its market capitalization divided by revenue of $628K revenue, trailing 12 months to June 30, 2026. The market capitalization is $90.9M as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does Empery Digital Inc.'s liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Empery Digital Inc. (EMPD) held $9.0M in cash, cash equivalents and investments, and reported an operating cash outflow of $17.8M over that year. Dividing the one by the other, the reported balance equals about 6 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 Empery Digital Inc.'s Altman Z-Score?
Empery Digital Inc. (EMPD) has an Altman Z-Score of -2.14, 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 Empery Digital Inc.'s Piotroski F-Score?
Empery Digital Inc. (EMPD) has a Piotroski F-Score of 2 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 Empery Digital Inc.'s earnings high quality?
Empery Digital Inc. (EMPD) reported a net loss of $150.1M while operations used $17.8M 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 Empery Digital Inc. cover its interest payments?
Empery Digital Inc. (EMPD) reported an operating loss of $153.5M against $2.3M 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.