What is Hawkeye Systems's earnings per share (EPS)?

Hawkeye Systems (HWKE) reported diluted earnings per share of $-0.06 for fiscal year 2025. This represents a 25.0% change compared to the previous fiscal year. 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.

Hawkeye Systems Financials

HWKE

Source SEC Filings (10-K/10-Q) Data as of Mar 31, 2026 Currency USD FYE June

This page shows Hawkeye Systems (HWKE) financial statements, including the 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).

Rhea AI HWKE FY2025 2026-05-13

Recent filings show external financing, not operations, keeping a liability-heavy balance sheet afloat while cash sits near $0.

From FY2023 to FY2025, the operating loss shrank from -$1.1M to -$271K and operating cash burn fell from -$316K to -$170K, but year-end cash still rounded to $0 because financing inflows of only $225K mostly covered burn rather than rebuilding liquidity. That pattern suggests the improvement reflects a smaller cost base and reduced activity, not a return to self-funding operations.

The main business fact is the balance-sheet deficit: FY2025 assets were only $58K against $3.1M of liabilities, while the current ratio stayed near 0.001x in both FY2024 and FY2025. Negative equity of -$3.1M means accumulated losses have already consumed the capital base, so obligations are being carried without a normal asset cushion.

With cash near $0 and receivables at $0 in FY2025, the filings point to very little customer-related activity moving through working capital. The modest investing outflow of $55K also implies capital spending is not the binding issue right now; immediate liquidity is.

Financial Health Signals

Financial health score pending refresh

We are recalculating Hawkeye Systems's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Key Financial Metrics

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Earnings & Revenue

Revenue

N/A

EBITDA

N/A

Net Income

N/A

EPS (Diluted)

$-0.06

YoY+25.0%

Hawkeye Systems earned $-0.06 per diluted share (EPS) in fiscal year 2025. This represents an increase of 25.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$502

5Y CAGR-77.7%

Hawkeye Systems held $502 in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

YoY+0.5%

Hawkeye Systems had 9M shares outstanding in fiscal year 2025. This represents an increase of 0.5% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

HWKE Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	N/A	$0	$0	$0-100.0%	$2.6M-15.4%	$3.0M
Cost of Revenue	N/A	$0	$0	$0-100.0%	$2.6M+29.3%	$2.0M
Gross Profit	N/A	$0	$0	$0+100.0%	-$20K-101.9%	$1.0M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$78K	N/A	$89K	N/A	$167K-36.9%	$264K
Operating Income	-$271K	N/A	-$1.1M	N/A	-$2.6M-118.7%	-$1.2M
Interest Expense	N/A	N/A	$0	$0-100.0%	$15K-68.9%	$47K
Income Tax	$0	$0	$0	N/A	$0	$0
Net Income	N/A	N/A	-$1.2M	N/A	-$5.2M-100.1%	-$2.6M
EPS (Diluted)	$-0.06+25.0%	$-0.08	N/A	N/A	N/A	N/A

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
Revenue	$0	N/A	N/A	N/A	$0	N/A	N/A	N/A
Cost of Revenue	$0	N/A	N/A	N/A	$0	N/A	N/A	N/A
Gross Profit	$0	N/A	N/A	N/A	$0	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$5K-27.0%	$7K+5.1%	$6K	N/A	$6K-23.9%	$8K-6.6%	$8K	N/A
Operating Income	-$49K-28.4%	-$38K-13.1%	-$34K	N/A	-$40K-62.2%	-$25K	N/A	N/A
Interest Expense	$69K	N/A	N/A	N/A	$63K	N/A	N/A	N/A
Income Tax	$0	$0	$0	N/A	$0	$0	$0	N/A
Net Income	-$117K-8.8%	-$108K-6.2%	-$102K	N/A	-$103K	N/A	N/A	N/A
EPS (Diluted)	$-0.010.0%	$-0.010.0%	$-0.01	N/A	$-0.010.0%	$-0.01+50.0%	$-0.02	N/A

HWKE Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$58K+2216.7%	$3K-99.7%	$987K+59409.6%	$2K-99.7%	$531K-64.0%	$1.5M
Current Assets	$3K+24.1%	$3K-99.7%	$987K+59409.6%	$2K-99.4%	$285K-80.7%	$1.5M
Cash & Equivalents	$502	$0-100.0%	$144K+44164.9%	$325-99.9%	$282K-69.1%	$912K
Inventory	N/A	N/A	N/A	N/A	$0-100.0%	$510K
Accounts Receivable	$0	N/A	N/A	$0	$0-100.0%	$48K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$3.1M+20.3%	$2.6M-25.7%	$3.5M+66.7%	$2.1M-7.9%	$2.3M+73.5%	$1.3M
Current Liabilities	$2.7M+24.4%	$2.2M-29.4%	$3.1M+84.4%	$1.7M+6.5%	$1.6M+18.5%	$1.3M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$3.1M-18.2%	-$2.6M-3.2%	-$2.5M-19.9%	-$2.1M-19.9%	-$1.8M-1203.2%	$159K
Retained Earnings	-$13.2M-4.1%	-$12.7M-4.8%	-$12.1M-11.3%	-$10.9M-12.0%	-$9.7M-115.4%	-$4.5M

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
Total Assets	$72K-5.0%	$76K-5.2%	$80K+37.8%	$58K+83.9%	$31K+202.8%	$10K-27.3%	$14K+472.3%	$3K
Current Assets	$7K-34.9%	$11K-27.7%	$15K+383.7%	$3K-90.2%	$31K+202.8%	$10K-27.3%	$14K+472.3%	$3K
Cash & Equivalents	$385+130.5%	$167-47.5%	$318-36.7%	$502-98.0%	$25K	$0-100.0%	$7	$0
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	$0	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	$3.4M+3.5%	$3.3M+3.3%	$3.1M+0.4%	$3.1M+5.1%	$3.0M+4.3%	$2.9M+3.0%	$2.8M+6.5%	$2.6M
Current Liabilities	$2.9M+4.0%	$2.8M+3.8%	$2.7M+0.5%	$2.7M+6.0%	$2.5M+5.1%	$2.4M+3.6%	$2.3M+7.8%	$2.2M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$3.3M-3.7%	-$3.2M-3.5%	-$3.1M+0.3%	-$3.1M-4.3%	-$3.0M-3.6%	-$2.8M-3.2%	-$2.8M-6.0%	-$2.6M
Retained Earnings	-$13.5M-0.9%	-$13.4M-0.8%	-$13.3M-0.8%	-$13.2M-1.3%	-$13.0M-0.8%	-$12.9M-0.7%	-$12.8M-1.2%	-$12.7M

HWKE Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$170K	N/A	-$316K	N/A	-$1.9M-2865.5%	-$66K
Capital Expenditures	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
Investing Cash Flow	-$55K	N/A	-$800K	N/A	$462K+392.4%	-$158K
Financing Cash Flow	$225K	N/A	$1.3M	N/A	$854K-23.5%	$1.1M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	$140K

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
Operating Cash Flow	$218+100.7%	-$29K+51.2%	-$60K-82.4%	-$33K-81.4%	-$18K	N/A	-$56K	N/A
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	$0	$0+100.0%	-$10K+81.8%	-$55K	$0	$0	$0	N/A
Financing Cash Flow	$0-100.0%	$29K-58.3%	$69K+10.2%	$63K+46.5%	$43K	N/A	$56K	N/A
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

HWKE Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	-0.8%-34.8pp	34.0%
Operating Margin	N/A	N/A	N/A	N/A	-101.8%-62.4pp	-39.4%
Net Margin	N/A	N/A	N/A	N/A	-203.5%-117.4pp	-86.1%
Return on Equity	N/A	N/A	N/A	N/A	N/A	-1634.8%
Return on Assets	N/A	N/A	-124.3%	N/A	-980.4%-804.2pp	-176.1%
Current Ratio	0.000.0	0.00-0.3	0.32+0.3	0.00-0.2	0.18-0.9	1.12
Debt-to-Equity	-1.02-0.0	-1.00+0.4	-1.39-0.4	-1.00+0.3	-1.30-9.6	8.28
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
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	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-163.2%-20.6pp	-142.5%-15.3pp	-127.2%	N/A	-327.0%	N/A	N/A	N/A
Current Ratio	0.000.0	0.000.0	0.010.0	0.00-0.0	0.010.0	0.000.0	0.010.0	0.00
Debt-to-Equity	-1.020.0	-1.020.0	-1.030.0	-1.020.0	-1.010.0	-1.000.0	-1.010.0	-1.00
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$3.1M), 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 (0.00), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is Hawkeye Systems's operating cash flow?

Hawkeye Systems (HWKE) generated -$170K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Hawkeye Systems's total assets?

Hawkeye Systems (HWKE) had $58K in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does Hawkeye Systems have outstanding?

Hawkeye Systems (HWKE) had 9M shares outstanding as of fiscal year 2025.

What is Hawkeye Systems's current ratio?

Hawkeye Systems (HWKE) had a current ratio of 0.00 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Hawkeye Systems's debt-to-equity ratio?

Hawkeye Systems (HWKE) had a debt-to-equity ratio of -1.02 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Hawkeye Systems's cash runway?

Based on fiscal year 2025 data, Hawkeye Systems (HWKE) had $502 in cash against an annual operating cash burn of $170K. This gives an estimated cash runway of approximately 0 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Why is Hawkeye Systems's debt-to-equity ratio negative or unusual?

Hawkeye Systems (HWKE) has negative shareholder equity of -$3.1M as of fiscal year 2025, which causes the debt-to-equity ratio to appear negative or not meaningful. 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.