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ETHZilla Corporation Financials

ETHZ
Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE March

This page shows ETHZilla Corporation (ETHZ) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 9 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).

Financial Health Signals

Earnings Quality Low Quality
0.06x

For every $1 of reported earnings, ETHZilla Corporation generates $0.06 in operating cash flow (-$26.1M OCF vs -$450.5M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk
-70.7x

ETHZilla Corporation earns $-70.7 in operating income for every $1 of interest expense (-$233.4M vs $3.3M). 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
$6.5M

ETHZilla Corporation generated $6.5M in revenue in fiscal year 2025.

EBITDA
N/A
Net Income
-$450.5M
YoY-7204.0%

ETHZilla Corporation reported -$450.5M in net income in fiscal year 2025. This represents a decrease of 7204.0% from the prior year.

EPS (Diluted)
$-54.32

ETHZilla Corporation earned $-54.32 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 250.7% from the prior year.

Cash & Balance Sheet

Free Cash Flow
-$36.6M

ETHZilla Corporation generated -$36.6M in free cash flow in fiscal year 2025, representing cash available after capex.

Cash & Debt
N/A
Dividends Per Share
N/A
Shares Outstanding
20M

ETHZilla Corporation had 20M shares outstanding in fiscal year 2025. This represents an increase of 6293.7% from the prior year.

Margins & Returns

Gross Margin
N/A
Operating Margin
-3565.8%

ETHZilla Corporation's operating margin was -3565.8% in fiscal year 2025, reflecting core business profitability.

Net Margin
-6881.3%

ETHZilla Corporation's net profit margin was -6881.3% in fiscal year 2025, showing the share of revenue converted to profit.

Return on Equity
N/A

Capital Allocation

R&D Spending
N/A
Share Buybacks
$46.3M

ETHZilla Corporation spent $46.3M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures
$10.5M

ETHZilla Corporation invested $10.5M in capex in fiscal year 2025, funding long-term assets and infrastructure.

ETHZ Income Statement

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Revenue $4.1M N/A N/A N/A N/A N/A N/A N/A
Cost of Revenue N/A N/A N/A N/A N/A N/A N/A N/A
Gross Profit N/A N/A N/A N/A N/A N/A N/A N/A
R&D Expenses N/A $182K-24.3% $241K N/A $252K+111.7% $119K-67.5% $365K N/A
SG&A Expenses $224.6M+15855.9% $1.4M-29.5% $2.0M N/A $596K-62.6% $1.6M+2.4% $1.6M N/A
Operating Income -$220.5M-12642.3% -$1.7M+27.1% -$2.4M N/A -$596K+67.7% -$1.8M+11.7% -$2.1M N/A
Interest Expense $320K+11872.6% $3K+5.2% $3K N/A $0-100.0% $11K-30.9% $16K N/A
Income Tax N/A N/A N/A N/A N/A N/A N/A N/A
Net Income -$216.7M-12453.1% -$1.7M+27.1% -$2.4M N/A -$837K-7202.3% $12K+101.1% -$1.1M N/A
EPS (Diluted) $-16.80 $-0.30+55.2% $-0.67 N/A $-5.43-54400.0% $0.01+100.6% $-1.68 N/A

ETHZ Balance Sheet

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Total Assets $1.0B+9320.4% $10.7M-8.0% $11.7M-8.7% $12.8M+21.9% $10.5M+167.7% $3.9M+13.6% $3.4M-34.6% $5.3M
Current Assets $561.9M+18073.6% $3.1M-23.2% $4.0M-21.6% $5.1M+319.6% $1.2M-47.8% $2.3M+26.6% $1.9M-49.0% $3.6M
Cash & Equivalents $53.3M+2303.1% $2.2M-40.4% $3.7M-18.5% $4.6M+2942.1% $150K-86.9% $1.1M+69.6% $676K-60.4% $1.7M
Inventory N/A N/A N/A N/A N/A N/A N/A N/A
Accounts Receivable N/A N/A N/A N/A N/A N/A N/A N/A
Goodwill N/A N/A N/A N/A N/A N/A N/A $0
Total Liabilities $564.2M+10477.8% $5.3M+35.2% $3.9M+12.4% $3.5M-47.9% $6.7M+55.6% $4.3M-1.5% $4.4M-18.4% $5.4M
Current Liabilities $55.8M+946.0% $5.3M+35.3% $3.9M+12.5% $3.5M-45.1% $6.4M+59.0% $4.0M-1.6% $4.1M-19.4% $5.1M
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A N/A
Total Equity $445.1M+8173.1% $5.4M-30.2% $7.7M-16.7% $9.3M+147.8% $3.7M+993.3% -$418K+56.2% -$954K-647.2% -$128K
Retained Earnings -$362.4M-148.8% -$145.6M-1.2% -$143.9M-1.7% -$141.5M-9.5% -$129.2M-0.7% -$128.4M0.0% -$128.4M-0.8% -$127.3M

ETHZ Cash Flow Statement

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Operating Cash Flow -$16.4M-1353.0% -$1.1M-32.5% -$854K+8.6% -$934K-289.4% -$240K-133.0% $727K+170.4% -$1.0M+52.2% -$2.2M
Capital Expenditures N/A N/A N/A N/A N/A N/A N/A N/A
Free Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Investing Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Financing Cash Flow $825.5M+235950.4% -$350K-10442.2% -$3K-100.1% $5.0M+1150.1% -$481K-81.5% -$265K-0.2% -$264K-118.0% $1.5M
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks $16.1M N/A N/A N/A N/A N/A N/A N/A

ETHZ Financial Ratios

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Gross Margin N/A N/A N/A N/A N/A N/A N/A N/A
Operating Margin -5364.6% N/A N/A N/A N/A N/A N/A N/A
Net Margin -5273.3% N/A N/A N/A N/A N/A N/A N/A
Return on Equity -48.7%-16.6pp -32.1%-1.3pp -30.8% N/A -22.4% N/A N/A N/A
Return on Assets -21.5%-5.3pp -16.1%+4.2pp -20.3% N/A -8.0%-8.3pp 0.3%+31.4pp -31.1% N/A
Current Ratio 10.07+9.5 0.58-0.4 1.02-0.4 1.47+1.3 0.19-0.4 0.58+0.1 0.45-0.3 0.72
Debt-to-Equity 1.27+0.3 0.99+0.5 0.51+0.1 0.38-1.4 1.80+12.2 -10.36-5.8 -4.61+37.6 -42.18
FCF Margin N/A N/A N/A N/A N/A N/A N/A N/A

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Frequently Asked Questions

ETHZilla Corporation (ETHZ) reported $6.5M in total revenue for fiscal year 2025. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

No, ETHZilla Corporation (ETHZ) reported a net income of -$450.5M in fiscal year 2025, with a net profit margin of -6881.3%.

ETHZilla Corporation (ETHZ) reported diluted earnings per share of $-54.32 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.

ETHZilla Corporation (ETHZ) had an operating margin of -3565.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

ETHZilla Corporation (ETHZ) had a net profit margin of -6881.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

ETHZilla Corporation (ETHZ) generated -$36.6M 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.

ETHZilla Corporation (ETHZ) generated -$26.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

ETHZilla Corporation (ETHZ) invested $10.5M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Yes, ETHZilla Corporation (ETHZ) spent $46.3M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

ETHZilla Corporation (ETHZ) had 20M shares outstanding as of fiscal year 2025.

ETHZilla Corporation (ETHZ) has an earnings quality ratio of 0.06x, considered low quality (accrual-driven). 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.

ETHZilla Corporation (ETHZ) has an interest coverage ratio of -70.7x, 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.

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