KAIVAL BRANDS INNVTNS GRP (KAVL) 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 Oct 22, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q3 FY2026, filed Sep 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the KAVL SEC filings page.
KAIVAL BRANDS INNVTNS GRP (KAVL) reported $278K in revenue over the twelve months to Jul 31, 2026, down 75.3% from the prior twelve months. This page shows its 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).
By FY2025, Kaival was a far smaller operation, but liabilities had become much heavier relative to its remaining equity.
Revenue fell93.0% and total assets fell95.8% from FY2024 to FY2025, a contraction that sharply reduced the operating base. Liabilities stood at 5.7x equity and the current ratio was 1.2x, showing a thin remaining equity cushion and limited short-term surplus.
FY2025 operating cash flow was
Gross margin rose
Financial Health Signals
KAIVAL BRANDS INNVTNS GRP 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.
KAIVAL BRANDS INNVTNS GRP passes 2 of 5 computable financial strength tests (4 of the nine could not be computed from available data). No profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
Key Financial Metrics
Earnings & Revenue
KAIVAL BRANDS INNVTNS GRP generated $55K in revenue in Q3 2026. This represents a decrease of 61.2% from the same quarter a year earlier. Against the prior quarter it is up 47.2%.
KAIVAL BRANDS INNVTNS GRP reported a net loss of $244K in Q3 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
KAIVAL BRANDS INNVTNS GRP earned -$0.02 per diluted share (EPS) in Q3 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Not reported for Q3 2026.
Cash & Balance Sheet
KAIVAL BRANDS INNVTNS GRP held $0 in cash as of Q3 2026; no long-term debt figure is on record for that period.
Not reported for Q3 2026.
Not reported for Q3 2026.
Margins & Returns
Not reported for Q3 2026.
Not reported for Q3 2026.
Not shown for Q3 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not reported for Q3 2026.
Capital Allocation
None of these metrics is reported for Q3 2026.
KAVL 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 | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $55K-61.2% | $38K-20.2% | $93K-54.1% | $93K-87.4% | $142K-80.0% | $47K-97.9% | $203K-93.7% | $735K-81.4% |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $196K-93.7% |
| Gross Profit | N/A | $38K-20.2% | N/A | $93K-82.8% | $142K-61.4% | $47K-90.6% | $203K-83.1% | $539K-37.3% |
| SG&A Expenses | $314K-55.1% | $612K-54.0% | $714K-83.3% | N/A | $701K-60.1% | $1.3M-11.5% | $4.3M+70.6% | $1.9M-18.3% |
| Interest Expense | -$15K-1930.1% | N/A | N/A | $0-100.0% | $836-99.5% | $4K-98.5% | $4K-98.6% | $4K |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | -$19K-2749.2% | $19K+706.8% |
| Net Income | -$244Kn/m | -$575Kn/m | -$621Kn/m | N/A | -$559Kn/m | -$2.0Mn/m | -$4.1Mn/m | -$1.5Mn/m |
| EPS (Basic) | N/A | -$0.04n/m | -$0.05n/m | N/A | N/A | -$0.17 | -$0.43 | N/A |
| EPS (Diluted) | -$0.02n/m | -$0.04n/m | -$0.05n/m | -$0.90n/m | -$0.05 | -$0.17 | -$0.43 | $0.00n/m |
| Diluted Shares (Avg) | 15M+31.1% | 16M+35.4% | 13M+38.0% | N/A | 12M | 12M | 10M | N/A |
Not reported in any period shown, so not listed: R&D Expenses, Operating Income, EBITDA.
KAVL 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 | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $298K-97.4% | $424K-96.5% | $931K-93.4% | $669K-95.8% | $11.5M-34.4% | $12.2M-11.9% | $14.1M-13.5% | $16.0M-17.4% |
| Current Assets | $277K-80.4% | $424K-78.2% | $931K-67.0% | $669K-85.2% | $1.4M-75.7% | $1.9M+2.1% | $2.8M-30.0% | $4.5M-34.7% |
| Cash & Equivalents | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Accounts Receivable | $135K+12.7% | $80K+14.3% | $120K-42.0% | $120K-54.5% | $120K-77.0% | $70K-89.2% | $207K-72.2% | $264K-85.9% |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Total Liabilities | $542K-61.8% | $444K-72.0% | $434K-69.7% | $569K-74.0% | $1.4M-64.6% | $1.6M-60.6% | $1.4M-68.3% | $2.2M-62.4% |
| Current Liabilities | $542K-37.3% | $444K-57.0% | $434K-47.4% | $569K-62.7% | $865K-73.7% | $1.0M-68.2% | $825K-77.7% | $1.5M-69.2% |
| Non-Current Liabilities | $0-100.0% | $0-100.0% | $0-100.0% | $0-100.0% | $553K-22.7% | $553K-27.9% | $608K-25.6% | $662K-23.5% |
| Total Equity | -$244K-102.4% | -$21K-100.2% | $497K-96.1% | $100K-99.3% | $10.1M-25.5% | $10.6M+7.9% | $12.6M+7.6% | $13.8M+1.9% |
| Retained Earnings | -$55.5Mn/m | -$55.3Mn/m | -$54.7Mn/m | -$54.1Mn/m | -$44.1Mn/m | -$43.5Mn/m | -$41.5Mn/m | -$37.5Mn/m |
Not reported in any period shown, so not listed: Inventory, Goodwill, Long-Term Debt.
KAVL 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.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$145Kn/m | -$420Kn/m | -$752Kn/m | -$752Kn/m | -$537Kn/m | -$578K-222.9% | -$906K-469.9% | -$793Kn/m |
| Depreciation & Amortization | N/A | N/A | N/A | $197K-0.1% | $197K-0.1% | $197K0.0% | $197K0.0% | $197K0.0% |
| Stock-Based Compensation | N/A | N/A | N/A | N/A | N/A | N/A | $2.9M+4535.1% | N/A |
| Investing Cash Flow | $0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | $0n/m | $0n/m | $1.0Mn/m | $18K-89.7% | $0-100.0% | -$44Kn/m | -$569Kn/m | $171Kn/m |
| Dividends Paid | N/A | N/A | N/A | $0 | $0 | $0 | $405K | N/A |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Share Buybacks.
KAVL 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 | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | 100.0%0.0pp | N/A | 100.0%+26.7pp | 100.0%+48.3pp | 100.0%+77.6pp | 100.0%+62.7pp | 73.3%+51.6pp |
| Net Margin | -441.4% | -1530.9% | -668.0% | N/A | -392.7% | -4246.3% | -2004.5% | -202.3% |
| Return on Equity | N/A | N/A | -124.9%-92.7pp | N/A | -5.5%+6.1pp | -18.8%-3.3pp | -32.1%-14.2pp | -10.8%+6.8pp |
| Return on Assets | -81.9%-77.1pp | -135.6%-119.2pp | -66.6%-37.8pp | N/A | -4.9%+4.1pp | -16.3%-5.3pp | -28.9%-15.9pp | -9.3%+3.0pp |
| Current Ratio | 0.51-1.1x | 0.95-0.9x | 2.14-1.3x | 1.18-1.8x | 1.63-0.1x | 1.88+1.3x | 3.42+2.3x | 2.95+1.6x |
| Liabilities-to-Equity | N/A | N/A | 0.87+0.8x | 5.69+5.5x | 0.14-0.2x | 0.15-0.3x | 0.11-0.3x | 0.16-0.3x |
| Asset Turnover | 0.19+0.2x | 0.09+0.1x | 0.10+0.1x | 0.14+0.1x | 0.010.0x | 0.00-0.2x | 0.01-0.2x | 0.05-0.2x |
Not reported in any period shown, so not listed: Operating Margin, Debt-to-Equity, 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.
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 |
|---|---|---|---|---|---|---|
| KAIVAL BRANDS INNVTNS GRP KAVL | FY2025 | $485K | N/A | N/A | $469K | — |
| 22nd Century Group Inc. XXII | FY2025 | $17.6M | -$5.1M | -28.7% | $195K | 51/100 |
| Greenlane Holdings, Inc. GNLN | FY2025 | $4.4M | -$85.6M | N/A | $1.3M | 37/100 |
| Ispire Technology Inc. ISPR | FY2026 | $96.0M | -$33.2M | -34.6% | $76.8M | 51/100 |
| Turning Point Brands, Inc. TPB | FY2025 | $463.1M | $58.2M | 12.6% | $1.3B | 79/100 |
| Universal Corporation UVV | FY2026 | $2.9B | $32.6M | 1.1% | $951.6M | 54/100 |
Where KAIVAL BRANDS INNVTNS GRP Ranks
Frequently Asked Questions
What is KAIVAL BRANDS INNVTNS GRP's annual revenue?
KAIVAL BRANDS INNVTNS GRP (KAVL) reported $485K in total revenue for fiscal year 2025. This represents a -93.0% 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 KAIVAL BRANDS INNVTNS GRP's revenue growing?
KAIVAL BRANDS INNVTNS GRP (KAVL) revenue declined by 93.0% year-over-year, from $6.9M to $485K in fiscal year 2025.
What is KAIVAL BRANDS INNVTNS GRP's gross margin?
KAIVAL BRANDS INNVTNS GRP (KAVL) had a gross margin of 100.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is KAIVAL BRANDS INNVTNS GRP's operating cash flow?
KAIVAL BRANDS INNVTNS GRP (KAVL) recorded an outflow of $2.8M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are KAIVAL BRANDS INNVTNS GRP's total assets?
KAIVAL BRANDS INNVTNS GRP (KAVL) had $669K in total assets as of fiscal year 2025, including both current and long-term assets.
What is KAIVAL BRANDS INNVTNS GRP's current ratio?
KAIVAL BRANDS INNVTNS GRP (KAVL) had a current ratio of 1.18 as of fiscal year 2025, which is considered adequate.
What is KAIVAL BRANDS INNVTNS GRP's liabilities-to-equity ratio?
KAIVAL BRANDS INNVTNS GRP (KAVL) had a liabilities-to-equity ratio of 5.69 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2025, because the filing data we hold for that year carries no long-term debt figure.
What is KAIVAL BRANDS INNVTNS GRP's P/E ratio?
KAIVAL BRANDS INNVTNS GRP (KAVL) has no price-to-earnings ratio at the moment: no net income reported. The market capitalization is $469K as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is KAIVAL BRANDS INNVTNS GRP's price-to-sales ratio?
KAIVAL BRANDS INNVTNS GRP (KAVL) trades at 1.7x sales, its market capitalization divided by $278K revenue, trailing 12 months to July 31, 2026. The market capitalization is $469K as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does KAIVAL BRANDS INNVTNS GRP's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, KAIVAL BRANDS INNVTNS GRP (KAVL) held $0 in cash, cash equivalents and investments, and reported an operating cash outflow of $2.8M over that year. Dividing the one by the other, the reported balance equals about 0 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 KAIVAL BRANDS INNVTNS GRP's Piotroski F-Score?
KAIVAL BRANDS INNVTNS GRP (KAVL) has a Piotroski F-Score of 2 out of 5 computable signals; 4 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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.