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ISHARES MSCI US UCITS ETF (ISMCF) Financials

ISMCF
FY2025 annual
Revenue $42.5M -17.0% YoY
Net Income $57.0M -18.6% YoY
EPS (Diluted) Not reported for FY2025
Operating Cash Flow -$58.2M -183.7% YoY
Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ISMCF SEC filings page.

ISHARES MSCI US UCITS ETF (ISMCF) reported $42.5M in revenue for fiscal year 2025, down 17.0% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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 ISMCF FY2025

Reported profits remain high-margin on paper, but FY2025's cash reversal shows results depend on more than recurring operations.

Cash conversion flipped: in FY2024, net income of $70.0M nearly matched operating cash flow of $69.6M. By FY2025, net income of $57.0M sat beside operating cash flow of -$58.2M, while positive financing cash flow nearly offset the shortfall, indicating that earnings no longer translated into internally generated cash.

Revenue fell 17.0% from FY2024 to FY2025, while operating margin remained above 80.0%. That combination indicates the reported operating economics stayed unusually high even as activity contracted, rather than relying solely on volume growth.

Operating income was about $43.7M in FY2023 and $43.1M in FY2024, showing little change in the core reported result. Yet net income swung from a loss of $66.5M to profit of $70.0M, indicating that items below operating income can dominate the final result.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score not available

ISHARES MSCI US UCITS ETF 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.

Earnings Quality No Cash Backing

For every $1 of reported earnings, ISHARES MSCI US UCITS ETF used $1.02 of operating cash (-$58.2M OCF vs $57.0M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.

Key Financial Metrics

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Earnings & Revenue

Net Income
-$124.9M
YoY-245.5%
QoQ-139.4%

ISHARES MSCI US UCITS ETF reported -$124.9M in net income in Q2 2026. This represents a decrease of 245.5% from the same quarter a year earlier. Against the prior quarter it is down 139.4%.

Revenue

Not reported for Q2 2026.

EBITDA

Not reported for Q2 2026.

EPS (Diluted)

Not reported for Q2 2026.

Cash & Balance Sheet

Shares Outstanding
29M
YoY-35.3%
QoQ-7.1%
5Y CAGR-19.0%
10Y CAGR-7.0%

ISHARES MSCI US UCITS ETF had 29M shares outstanding in Q2 2026. This represents a decrease of 35.3% from the same quarter a year earlier. Against the prior quarter it is down 7.1%.

Free Cash Flow

Not reported for Q2 2026.

Cash & Debt

Not reported for Q2 2026.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

None of these metrics is reported for Q2 2026.

Capital Allocation

None of these metrics is reported for Q2 2026.

ISMCF 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.

ISMCF quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-QQ3'2410-Q
RevenueN/A$8.7M-22.3%$10.7M-2.9%$10.8M-16.9%$9.8M-30.4%$11.1M-14.5%$11.1M-22.1%$13.0M-8.0%
Operating IncomeN/A$6.8M-25.1%$8.5M-6.8%$8.8M-20.7%$7.9M-33.5%$9.0M-17.9%$9.1M-24.0%$11.1M-6.8%
Net Income-$124.9M-245.5%$316.7M+595.2%$8.9M-73.0%$38.6M+164.5%-$36.1M-903.4%$45.6M-50.7%$33.0M+126.5%-$59.9M-138.9%
EPS (Basic)-$3.95-364.7%$8.73+790.8%$0.18-75.3%$0.87+164.9%-$0.85-1044.4%$0.98-51.7%$0.73+130.5%-$1.34-144.1%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, EBITDA, Interest Expense, Income Tax, EPS (Diluted), Diluted Shares (Avg).

ISMCF 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.

ISMCF quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-QQ3'2410-Q
Short-Term Investments$758.5M-17.6%$954.0M-4.7%$1.0B+12.2%$950.9M+12.2%$920.7M-13.2%$1.0B+2.1%$927.4M+2.6%$847.4M-21.9%

Not reported in any period shown, so not listed: Total Assets, Current Assets, Cash & Equivalents, Inventory, Accounts Receivable, Long-Term Investments, Goodwill, Total Liabilities, Current Liabilities, Non-Current Liabilities, Long-Term Debt, Total Equity, Retained Earnings.

ISMCF 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.

ISMCF quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-QQ3'2410-Q
Operating Cash Flow$68.7M+19.8%$365.6M+1001.8%-$81.8M-58.4%$6.8M-95.6%$57.3M+194.9%-$40.5M-253.3%-$51.6M-194.4%$155.1M+7981.8%
Financing Cash Flow-$68.7M-19.3%-$365.5M-1013.1%$82.1M+54.6%-$7.4M+95.3%-$57.6M-196.7%$40.0M+254.6%$53.1M+193.3%-$157.3M-4943.3%

Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Dividends Paid, Share Buybacks.

ISMCF 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.

ISMCF quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-QQ3'2410-Q
Operating MarginN/A78.1%-3.0pp79.3%-3.3pp81.0%-3.9pp80.6%-3.8pp81.0%-3.4pp82.6%-2.1pp85.0%+1.0pp
Net MarginN/A3659.0%83.0%356.6%-367.1%409.2%298.9%-459.3%

Not reported in any period shown, so not listed: Gross Margin, Return on Equity, Return on Assets, Current Ratio, Debt-to-Equity, Asset Turnover, FCF Margin.

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: Net Margin.

Frequently Asked Questions

What is ISHARES MSCI US UCITS ETF's annual revenue?

ISHARES MSCI US UCITS ETF (ISMCF) reported $42.5M in total revenue for fiscal year 2025. This represents a -17.0% 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 ISHARES MSCI US UCITS ETF's revenue growing?

ISHARES MSCI US UCITS ETF (ISMCF) revenue declined by 17.0% year-over-year, from $51.3M to $42.5M in fiscal year 2025.

Is ISHARES MSCI US UCITS ETF profitable?

Yes, ISHARES MSCI US UCITS ETF (ISMCF) reported a net income of $57.0M in fiscal year 2025.

ISHARES MSCI US UCITS ETF (ISMCF) had an operating margin of 80.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

ISHARES MSCI US UCITS ETF (ISMCF) recorded an outflow of $58.2M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

ISHARES MSCI US UCITS ETF (ISMCF) had 43M shares outstanding as of fiscal year 2025.

For every $1 of reported earnings, ISHARES MSCI US UCITS ETF (ISMCF) used $1.02 of operating cash (-$58.2M OCF vs $57.0M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. 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.

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