Gauzy Ltd (GAUZ) 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 Sep 8, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 6-K for Q2 FY2025, filed Aug 13, 2025. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the GAUZ SEC filings page.
Gauzy Ltd (GAUZ) reported $103.5M in revenue for fiscal year 2024, up 32.8% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 2 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).
Gauzy’s dominant mechanic is revenue expansion constrained by a still-heavy cost base and financing-led balance-sheet repair.
Gross-margin expansion between FY2023 and FY2024 did not translate into operating break-even because operating margin remained-29.7% ; sales growth improved unit economics without absorbing the broader cost structure. Operating cash flow of-$31.9M was less negative than net income of-$53.2M , pointing to non-cash charges or working-capital effects, but free cash flow of-$43.5M was worse than operating cash flow, showing reinvestment added to the cash burden.
Equity moved from
Current ratio improved from 0.7x to 1.0x, but remained just below full coverage of current liabilities. The reported liquidity measure was 2.1 months of annual operating outflow, reinforcing that near-term cash resources remain limited relative to the current operating model.
Financial Health Signals
Scored against operating companies for FY2024. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Gauzy Ltd's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Gauzy Ltd has an operating margin of -29.7%, meaning the company loses $30 on every $100 of revenue. This results in a profitability score of 30/100. This is up from -41.0% the prior year.
Gauzy Ltd's revenue surged 32.8% year-over-year to $103.5M, reflecting rapid business expansion. This strong growth earns a score of 91/100.
Gauzy Ltd has a moderate D/E ratio of 0.72. This balance of debt and equity financing earns a leverage score of 54/100.
Gauzy Ltd's current ratio of 0.96 is below the typical benchmark, resulting in a score of 17/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Gauzy Ltd's operations used $31.9M of cash, and capex of $11.6M added to the outflow, for a free cash flow shortfall of $43.5M. This results in a cash flow score of 6/100.
Gauzy Ltd posts a -110.0% return on equity (ROE), meaning it loses $110 for every $100 of shareholders' equity. This results in a returns score of 32/100.
Gauzy Ltd scores -2.22, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($8.7M) relative to total liabilities ($89.9M). 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.
Gauzy Ltd passes 5 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
Gauzy Ltd reported a net loss of $53.2M while operations used $31.9M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Gauzy Ltd reported an operating loss of $30.8M against $15K 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
Gauzy Ltd generated $20.1M in revenue in Q2 2025. This represents a decrease of 17.8% from the same quarter a year earlier.
Gauzy Ltd's EBITDA was -$10.8M in Q2 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 56.5% from the same quarter a year earlier.
Gauzy Ltd reported -$10.7M in net income in Q2 2025. This represents an increase of 53.5% from the same quarter a year earlier.
Cash & Balance Sheet
Gauzy Ltd held $1.2M in cash against $44.0M in long-term debt as of Q2 2025.
Not reported for Q2 2025.
Not reported for Q2 2025.
Margins & Returns
Gauzy Ltd's gross margin was 21.4% in Q2 2025, indicating the percentage of revenue retained after direct costs. This is down 5.6 percentage points from the same quarter a year earlier.
Gauzy Ltd's operating margin was -62.4% in Q2 2025, reflecting core business profitability. This is down 29.9 percentage points from the same quarter a year earlier.
Gauzy Ltd's net profit margin was -53.5% in Q2 2025, showing the share of revenue converted to profit. This is up 41.0 percentage points from the same quarter a year earlier.
Gauzy Ltd's ROE was -60.1% in Q2 2025, measuring profit generated per dollar of shareholder equity. This is down 23.7 percentage points from the same quarter a year earlier.
Capital Allocation
Gauzy Ltd invested $4.9M in research and development in Q2 2025. This represents an increase of 17.8% from the same quarter a year earlier.
Not reported for Q2 2025.
Not reported for Q2 2025.
GAUZ 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 | Q2'256-K | Q4'246-K | Q2'246-K | Q4'2310-K | Q2'2310-Q |
|---|---|---|---|---|---|
| Revenue | $20.1M-17.8% | N/A | $24.4M+22.4% | N/A | $19.9M |
| Cost of Revenue | $15.8M-11.5% | N/A | $17.8M+12.0% | N/A | $15.9M |
| Gross Profit | $4.3M-35.0% | N/A | $6.6M+64.0% | N/A | $4.0M |
| R&D Expenses | $4.9M+17.8% | N/A | $4.1M+7.7% | N/A | $3.8M |
| SG&A Expenses | $6.1M+15.3% | N/A | $5.3M+41.5% | N/A | $3.7M |
| Operating Income | -$12.5M-57.9% | N/A | -$7.9M+10.3% | N/A | -$8.8M |
| EBITDA | -$10.8M-56.5% | N/A | -$6.9M+13.4% | N/A | -$8.0M |
| Interest Expense | $2.3M-28.3% | N/A | $3.2M+61.1% | N/A | $2.0M |
| Income Tax | $16K-27.3% | N/A | $22K-46.3% | N/A | $41K |
| Net Income | -$10.7M+53.5% | N/A | -$23.1M-22.8% | N/A | -$18.8M |
| EPS (Basic) | -$0.57+78.1% | N/A | -$2.60+43.6% | N/A | -$4.61 |
| EPS (Diluted) | -$0.57 | N/A | -$2.60 | N/A | -$4.61 |
| Diluted Shares (Avg) | 19M | N/A | 9M | N/A | 4M |
GAUZ 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 | Q2'256-K | Q4'246-K | Q2'246-K | Q4'2310-K | Q2'2310-Q |
|---|---|---|---|---|---|
| Total Assets | $136.8M-29.2% | $138.2M+8.1% | $193.1M | $127.9M | N/A |
| Current Assets | $46.5M-58.6% | $54.6M+17.4% | $112.3M | $46.5M | N/A |
| Cash & Equivalents | $1.2M-98.1% | $5.6M+22.7% | $63.7M+3010.4% | $4.6M | $2.0M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 |
| Inventory | $17.4M+16.8% | $15.9M+20.5% | $14.9M | $13.2M | N/A |
| Accounts Receivable | $17.0M-18.0% | $24.4M+23.8% | $20.7M | $19.7M | N/A |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $22.9M+9.7% | $20.3M-5.9% | $20.8M | $21.6M | N/A |
| Total Liabilities | $118.9M-8.3% | $89.9M-66.0% | $129.7M | $264.8M | N/A |
| Current Liabilities | $70.9M-24.7% | $56.7M-12.6% | $94.1M | $64.9M | N/A |
| Non-Current Liabilities | $48.1M+35.0% | $33.2M-74.4% | $35.6M | $129.4M | N/A |
| Long-Term Debt | $44.0M+162.2% | $34.7M+12.6% | $16.8M | $30.8M | N/A |
| Total Equity | $17.9M-71.8% | $48.3M+135.3% | $63.4M+165.4% | -$136.9M | -$96.8M |
| Retained Earnings | -$246.5M-18.4% | -$225.0M-31.0% | -$208.2M | -$171.8M | N/A |
GAUZ 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.
Not reported in any period shown, so not listed: Operating Cash Flow, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
GAUZ 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 | Q2'256-K | Q4'246-K | Q2'246-K | Q4'2310-K | Q2'2310-Q |
|---|---|---|---|---|---|
| Gross Margin | 21.4%-5.6pp | N/A | 27.0%+6.8pp | N/A | 20.2% |
| Operating Margin | -62.4%-29.9pp | N/A | -32.5%+11.8pp | N/A | -44.3% |
| Net Margin | -53.5%+41.0pp | N/A | -94.6%-0.3pp | N/A | -94.3% |
| Return on Equity | -60.1%-23.7pp | N/A | -36.4% | N/A | N/A |
| Return on Assets | -7.8%+4.1pp | N/A | -12.0% | N/A | N/A |
| Current Ratio | 0.66-0.5x | 0.96+0.2x | 1.19 | 0.72 | N/A |
| Debt-to-Equity | 2.46+2.2x | 0.72 | 0.26 | N/A | N/A |
| Asset Turnover | 0.150.0x | N/A | 0.13 | N/A | N/A |
Not reported in any period shown, so not listed: FCF Margin.
Note: The current ratio is below 1.0 (0.96), 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 |
|---|---|---|---|---|---|---|
| Gauzy Ltd GAUZ | FY2024 | $103.5M | -$53.2M | -51.4% | $8.7M | 38/100 |
| Interlink Electrs Inc LINK | FY2025 | $11.9M | -$1.6M | -13.6% | $85.1M | 51/100 |
| Richardson Electrs Ltd RELL | FY2026 | $228.6M | $6.4M | 2.8% | $257.6M | 53/100 |
| Neonode Inc NEON | FY2025 | $2.1M | N/A | N/A | $15.5M | 41/100 |
| M Tron Ind MPTI | FY2025 | $54.4M | $8.4M | 15.5% | $324.1M | 81/100 |
Where Gauzy Ltd Ranks
Frequently Asked Questions
What is Gauzy Ltd's annual revenue?
Gauzy Ltd (GAUZ) reported $103.5M in total revenue for fiscal year 2024. This represents a 32.8% 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 Gauzy Ltd's revenue growing?
Gauzy Ltd (GAUZ) revenue grew by 32.8% year-over-year, from $78.0M to $103.5M in fiscal year 2024.
Is Gauzy Ltd profitable?
No, Gauzy Ltd (GAUZ) reported a net income of -$53.2M in fiscal year 2024, with a net profit margin of -51.4%.
What is Gauzy Ltd's EBITDA?
Gauzy Ltd (GAUZ) had EBITDA of -$24.1M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Gauzy Ltd have?
As of fiscal year 2024, Gauzy Ltd (GAUZ) had $5.6M in cash and equivalents against $34.7M in long-term debt.
What is Gauzy Ltd's gross margin?
Gauzy Ltd (GAUZ) had a gross margin of 28.7% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Gauzy Ltd's operating margin?
Gauzy Ltd (GAUZ) had an operating margin of -29.7% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Gauzy Ltd's net profit margin?
Gauzy Ltd (GAUZ) had a net profit margin of -51.4% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Gauzy Ltd's return on equity (ROE)?
Gauzy Ltd (GAUZ) has a return on equity of -110.0% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Gauzy Ltd's free cash flow?
Gauzy Ltd (GAUZ) recorded an outflow of $43.5M in free cash flow during fiscal year 2024. This represents a -17.5% 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 Gauzy Ltd's operating cash flow?
Gauzy Ltd (GAUZ) recorded an outflow of $31.9M in operating cash flow during fiscal year 2024, representing cash used by core business activities.
What are Gauzy Ltd's total assets?
Gauzy Ltd (GAUZ) had $138.2M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Gauzy Ltd's capital expenditures?
Gauzy Ltd (GAUZ) invested $11.6M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Gauzy Ltd spend on research and development?
Gauzy Ltd (GAUZ) invested $17.6M in research and development during fiscal year 2024.
What is Gauzy Ltd's current ratio?
Gauzy Ltd (GAUZ) had a current ratio of 0.96 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Gauzy Ltd's debt-to-equity ratio?
Gauzy Ltd (GAUZ) had a debt-to-equity ratio of 0.72 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Gauzy Ltd's return on assets (ROA)?
Gauzy Ltd (GAUZ) had a return on assets of -38.5% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Gauzy Ltd's P/E ratio?
Gauzy Ltd (GAUZ) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2024). The market capitalization is $8.7M as of Sep 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Gauzy Ltd's price-to-sales ratio?
Gauzy Ltd (GAUZ) trades at 0.1x sales, its market capitalization divided by revenue of $103.5M revenue, FY2024. The market capitalization is $8.7M as of Sep 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does Gauzy Ltd's liquidity compare with its operating cash outflow?
At the end of fiscal year 2024, Gauzy Ltd (GAUZ) held $5.6M in cash, cash equivalents and investments, and reported an operating cash outflow of $31.9M over that year. Dividing the one by the other, the reported balance equals about 2 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 Gauzy Ltd's Altman Z-Score?
Gauzy Ltd (GAUZ) has an Altman Z-Score of -2.22, 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 Gauzy Ltd's Piotroski F-Score?
Gauzy Ltd (GAUZ) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. 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 Gauzy Ltd's earnings high quality?
Gauzy Ltd (GAUZ) reported a net loss of $53.2M while operations used $31.9M 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 Gauzy Ltd cover its interest payments?
Gauzy Ltd (GAUZ) reported an operating loss of $30.8M against $15K 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.
How financially healthy is Gauzy Ltd?
Gauzy Ltd (GAUZ) scores 38 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.