This page shows GD CULTURE GROUP LTD (GDC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 10 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
For every $1 of reported earnings, GD CULTURE GROUP LTD generates $0.04 in operating cash flow (-$6.8M OCF vs -$186.9M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
GD CULTURE GROUP LTD's EBITDA was -$7.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 45.7% from the prior year.
GD CULTURE GROUP LTD reported -$186.9M in net income in fiscal year 2025. This represents a decrease of 1250.6% from the prior year.
GD CULTURE GROUP LTD earned $-6.16 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 324.8% from the prior year.
Cash & Balance Sheet
GD CULTURE GROUP LTD had 61M shares outstanding in fiscal year 2025. This represents an increase of 444.1% from the prior year.
Margins & Returns
Capital Allocation
GD CULTURE GROUP LTD invested $2.3M in research and development in fiscal year 2025. This represents an increase of 182.9% from the prior year.
GDC Income Statement
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | 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 | $1.2M+429.9% | $233K | N/A | N/A | $218K0.0% | $218K0.0% | $218K | N/A |
| SG&A Expenses | $1.2M+20.2% | $1.0M+9.0% | $938K | N/A | $873K-48.7% | $1.7M-3.7% | $1.8M | N/A |
| Operating Income | -$2.5M-58.5% | -$1.6M-65.9% | -$938K | N/A | -$3.9M-6.1% | -$3.6M+13.2% | -$4.2M | N/A |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | $1.7M+3160.3% | -$55K-231.3% | $42K | N/A | -$748+96.7% | -$23K-2311.6% | $1K | N/A |
| Net Income | $12.1M+906.4% | -$1.5M-53.4% | -$978K | N/A | -$3.7M-4.4% | -$3.6M+9.9% | -$4.0M | N/A |
| EPS (Diluted) | $0.48 | $-0.10-25.0% | $-0.08 | N/A | $-0.36+7.7% | $-0.39+30.4% | $-0.56 | N/A |
GDC Balance Sheet
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $866.0M+8089.1% | $10.6M+306.2% | $2.6M-4.8% | $2.7M-43.4% | $4.8M-42.9% | $8.5M-23.6% | $11.1M-22.1% | $14.2M |
| Current Assets | $646K-74.3% | $2.5M+3210.7% | $76K+139.5% | $32K-98.4% | $2.0M-24.3% | $2.6M-58.0% | $6.1M-32.5% | $9.1M |
| Cash & Equivalents | $225K-79.9% | $1.1M+2081.6% | $51K+127.3% | $23K-29.5% | $32K-89.4% | $302K-37.9% | $486K-90.6% | $5.2M |
| 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 | N/A |
| Total Liabilities | $3.8M+91.0% | $2.0M-24.6% | $2.7M-2.4% | $2.7M+22.7% | $2.2M+10.0% | $2.0M-7.9% | $2.2M-62.5% | $5.9M |
| Current Liabilities | $3.0M+180.3% | $1.1M-32.4% | $1.6M+6.6% | $1.5M+99.1% | $740K+59.8% | $463K-14.6% | $543K+34.6% | $403K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $861.9M+10310.2% | $8.3M+2470.8% | -$349K-24.0% | -$282K-112.2% | $2.3M-61.7% | $6.0M-28.7% | $8.5M+1.6% | $8.3M |
| Retained Earnings | -$73.6M+14.1% | -$85.7M-1.8% | -$84.2M-1.2% | -$83.2M-3.1% | -$80.7M-4.9% | -$76.9M-4.9% | -$73.3M-5.7% | -$69.4M |
GDC Cash Flow Statement
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$893K+69.0% | -$2.9M-246.2% | -$831K-133.5% | -$356K-30.2% | -$273K+80.9% | -$1.4M+60.4% | -$3.6M+46.6% | -$6.8M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $5K |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -$6.8M |
| Investing Cash Flow | N/A | N/A | N/A | $0 | $0-100.0% | $1.3M+165.8% | -$1.9M-814.8% | -$208K |
| Financing Cash Flow | $0-100.0% | $3.9M+358.6% | $860K+146.1% | $349K | $0 | $0-100.0% | $831K-92.0% | $10.4M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
GDC 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 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | 1.4%+19.5pp | -18.1% | N/A | N/A | -161.6%-102.3pp | -59.3%-12.4pp | -46.9% | N/A |
| Return on Assets | 1.4%+15.6pp | -14.2%+23.4pp | -37.5% | N/A | -77.5%-35.1pp | -42.4%-6.5pp | -35.9% | N/A |
| Current Ratio | 0.22-2.2 | 2.37+2.3 | 0.05+0.0 | 0.02-2.6 | 2.63-2.9 | 5.56-5.7 | 11.29-11.2 | 22.52 |
| Debt-to-Equity | 0.00-0.2 | 0.24+7.9 | -7.64+2.1 | -9.70-10.7 | 0.96+0.6 | 0.33+0.1 | 0.26-0.4 | 0.70 |
| 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
Is GD CULTURE GROUP LTD profitable?
No, GD CULTURE GROUP LTD (GDC) reported a net income of -$186.9M in fiscal year 2025.
What is GD CULTURE GROUP LTD's EBITDA?
GD CULTURE GROUP LTD (GDC) had EBITDA of -$7.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is GD CULTURE GROUP LTD's operating cash flow?
GD CULTURE GROUP LTD (GDC) generated -$6.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
How much does GD CULTURE GROUP LTD spend on research and development?
GD CULTURE GROUP LTD (GDC) invested $2.3M in research and development during fiscal year 2025.
Are GD CULTURE GROUP LTD's earnings high quality?
GD CULTURE GROUP LTD (GDC) has an earnings quality ratio of 0.04x, 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.