What is Norris Inds Inc's earnings per share (EPS)?

Norris Inds Inc (NRIS) reported diluted earnings per share of $-0.01 for fiscal year 2025. This represents a 0.0% 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.

Norris Inds Inc Financials

NRIS

Source SEC Filings (10-K/10-Q) Updated Mar 10, 2026 Currency USD FYE February

This page shows Norris Inds Inc (NRIS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 11 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

Piotroski F-Score Weak

3/9

Norris Inds Inc passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Low Quality

0.66x

For every $1 of reported earnings, Norris Inds Inc generates $0.66 in operating cash flow (-$369K OCF vs -$562K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-2.9x

Norris Inds Inc earns $-2.9 in operating income for every $1 of interest expense (-$418K vs $143K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$329K

YoY-0.1%

5Y CAGR-10.5%

Norris Inds Inc generated $329K in revenue in fiscal year 2025. This represents a decrease of 0.1% from the prior year.

EBITDA

-$364K

YoY+9.4%

Norris Inds Inc's EBITDA was -$364K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 9.4% from the prior year.

Net Income

-$562K

YoY+12.7%

Norris Inds Inc reported -$562K in net income in fiscal year 2025. This represents an increase of 12.7% from the prior year.

EPS (Diluted)

$-0.01

YoY+0.0%

Norris Inds Inc earned $-0.01 per diluted share (EPS) in fiscal year 2025. This represents an increase of 0.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$86K

YoY+57.9%

5Y CAGR-11.5%

10Y CAGR+7.4%

Norris Inds Inc held $86K in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

108M

YoY+19.1%

5Y CAGR+3.6%

10Y CAGR+9.5%

Norris Inds Inc had 108M shares outstanding in fiscal year 2025. This represents an increase of 19.1% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

-127.0%

YoY+29.6pp

5Y CAGR+366.3pp

Norris Inds Inc's operating margin was -127.0% in fiscal year 2025, reflecting core business profitability. This is up 29.6 percentage points from the prior year.

Net Margin

-170.5%

YoY+24.7pp

5Y CAGR+335.2pp

Norris Inds Inc's net profit margin was -170.5% in fiscal year 2025, showing the share of revenue converted to profit. This is up 24.7 percentage points from the prior year.

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

NRIS Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$329K-0.1%	$330K-37.4%	$526K+16.4%	$452K+61.4%	$280K-51.1%	$573K
Cost of Revenue	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
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$190K-5.6%	$201K+4.4%	$192K-5.6%	$204K-35.0%	$314K-45.7%	$577K
Operating Income	-$418K+19.0%	-$516K-32.9%	-$389K+0.9%	-$392K+61.5%	-$1.0M+64.0%	-$2.8M
Interest Expense	$143K+12.8%	$127K+9.1%	$116K+8.8%	$107K+15.6%	$93K+26.2%	$73K
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$562K+12.7%	-$643K-27.4%	-$505K-1.2%	-$499K+55.0%	-$1.1M+61.7%	-$2.9M
EPS (Diluted)	$-0.010.0%	$-0.010.0%	$-0.01	N/A	N/A	N/A

Metric	Q1'27	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Revenue	$54K0.0%	$54K-35.7%	$84K-9.0%	$93K+31.9%	$70K-14.0%	$82K+6.2%	$77K-23.2%	$100K
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	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$17K0.0%	$17K-78.7%	$79K-5.4%	$83K+41.6%	$59K+119.1%	$27K-14.4%	$31K-56.8%	$73K
Operating Income	-$128K0.0%	-$128K-4.0%	-$123K+12.0%	-$140K-50.5%	-$93K+12.8%	-$107K-28.1%	-$83K+38.3%	-$135K
Interest Expense	$86K+186.5%	$30K+4.7%	$29K+4.9%	$27K+8.7%	$25K-49.4%	$50K+44.0%	$34K+1.7%	$34K
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$158K0.0%	-$158K-4.1%	-$152K+9.3%	-$167K-41.6%	-$118K+24.4%	-$156K-32.8%	-$118K+30.3%	-$169K
EPS (Diluted)	$0.00	$0.00	$0.00+100.0%	$-0.00	N/A	$0.00	$0.00+100.0%	$-0.00

NRIS Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$360K-21.3%	$458K+35.4%	$338K-12.6%	$387K-6.6%	$414K-51.5%	$855K
Current Assets	$113K+58.4%	$71K-59.5%	$176K-16.5%	$211K+8.8%	$194K-1.6%	$197K
Cash & Equivalents	$86K+57.9%	$54K-64.3%	$152K+8.7%	$140K-13.1%	$161K+1.6%	$158K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$27K+60.0%	$17K-29.6%	$24K-66.0%	$71K+115.7%	$33K-14.7%	$39K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$5.2M-15.1%	$6.1M+32.7%	$4.6M+10.9%	$4.2M+12.7%	$3.7M+21.8%	$3.0M
Current Liabilities	$126K+4.4%	$121K-3.7%	$126K-9.9%	$139K-65.6%	$405K+71.1%	$237K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$4.9M+14.6%	-$5.7M-32.5%	-$4.3M-13.3%	-$3.8M-15.2%	-$3.3M-50.5%	-$2.2M
Retained Earnings	-$11.9M-5.0%	-$11.3M-6.0%	-$10.7M-5.0%	-$10.2M-5.2%	-$9.7M-13.0%	-$8.6M

Metric	Q1'27	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Total Assets	N/A	$336K+32.2%	$254K-20.0%	$318K-11.8%	$360K-15.1%	$425K+6.0%	$401K-12.2%	$456K
Current Assets	N/A	$144K+160.8%	$55K-45.5%	$101K-10.1%	$113K+2.5%	$110K+29.2%	$85K-8.3%	$93K
Cash & Equivalents	N/A	$89K+119.9%	$40K-53.9%	$87K+2.1%	$86K+8.4%	$79K+10.1%	$72K+4.1%	$69K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	$56K+270.5%	$15K+6.4%	$14K-48.2%	$27K-12.5%	$31K+131.4%	$13K-43.8%	$24K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	N/A	$5.7M+4.4%	$5.4M+1.7%	$5.3M+2.4%	$5.2M+1.0%	$5.2M-19.0%	$6.4M+1.0%	$6.3M
Current Liabilities	N/A	$141K+9.0%	$130K-7.6%	$140K+11.2%	$126K+5.7%	$119K+16.8%	$102K-28.4%	$143K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	N/A	-$5.3M-3.1%	-$5.2M-3.0%	-$5.0M-3.4%	-$4.9M-2.5%	-$4.7M+20.6%	-$6.0M-2.0%	-$5.9M
Retained Earnings	N/A	-$12.4M-1.3%	-$12.2M-1.3%	-$12.0M-1.4%	-$11.9M-1.0%	-$11.8M-1.3%	-$11.6M-1.0%	-$11.5M

NRIS Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$369K+7.3%	-$398K-38.1%	-$288K+31.6%	-$421K+16.6%	-$505K+8.5%	-$552K
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	N/A	N/A	N/A	N/A	N/A	-$273K
Financing Cash Flow	$400K+33.3%	$300K0.0%	$300K-25.0%	$400K-21.1%	$507K-40.8%	$857K
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	N/A

Metric	Q1'27	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Operating Cash Flow	-$214K-41.4%	-$152K-3.1%	-$147K-49.7%	-$98K-5.3%	-$93K-0.6%	-$93K+4.6%	-$97K-14.0%	-$85K
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	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	$200K0.0%	$200K+100.0%	$100K0.0%	$100K0.0%	$100K0.0%	$100K0.0%	$100K0.0%	$100K
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

NRIS Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	-127.0%+29.6pp	-156.7%-82.8pp	-73.8%+12.8pp	-86.7%+276.4pp	-363.1%+130.3pp	-493.4%
Net Margin	-170.5%+24.7pp	-195.2%-99.3pp	-95.9%+14.4pp	-110.3%+285.8pp	-396.1%+109.6pp	-505.8%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-155.8%-15.3pp	-140.6%+8.8pp	-149.3%-20.4pp	-128.9%+138.9pp	-267.8%+71.2pp	-339.0%
Current Ratio	0.89+0.3	0.59-0.8	1.40-0.1	1.51+1.0	0.48-0.4	0.83
Debt-to-Equity	-1.070.0	-1.080.0	-1.08+0.0	-1.10+0.0	-1.13+0.3	-1.39
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'27	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	-236.3%0.0pp	-236.3%-90.3pp	-146.0%+5.0pp	-151.0%-18.6pp	-132.4%-1.7pp	-130.6%-22.4pp	-108.3%+26.5pp	-134.8%
Net Margin	-291.7%0.0pp	-291.7%-111.7pp	-180.0%+0.5pp	-180.4%-12.3pp	-168.1%+23.3pp	-191.4%-38.3pp	-153.1%+15.5pp	-168.6%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	-47.1%+12.7pp	-59.8%-7.1pp	-52.7%-19.9pp	-32.8%+4.0pp	-36.9%-7.4pp	-29.4%+7.6pp	-37.1%
Current Ratio	N/A	1.02+0.6	0.43-0.3	0.72-0.2	0.89-0.0	0.92+0.1	0.83+0.2	0.65
Debt-to-Equity	N/A	-1.06-0.0	-1.05+0.0	-1.06+0.0	-1.07+0.0	-1.09-0.0	-1.07+0.0	-1.08
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$4.9M), 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 (0.89), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Frequently Asked Questions

What is Norris Inds Inc's annual revenue?

Norris Inds Inc (NRIS) reported $329K in total revenue for fiscal year 2025. This represents a -0.1% 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 Norris Inds Inc's revenue growing?

Norris Inds Inc (NRIS) revenue declined by 0.1% year-over-year, from $330K to $329K in fiscal year 2025.

Is Norris Inds Inc profitable?

No, Norris Inds Inc (NRIS) reported a net income of -$562K in fiscal year 2025, with a net profit margin of -170.5%.

What is Norris Inds Inc's EBITDA?

Norris Inds Inc (NRIS) had EBITDA of -$364K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Norris Inds Inc's operating margin?

Norris Inds Inc (NRIS) had an operating margin of -127.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Norris Inds Inc's net profit margin?

Norris Inds Inc (NRIS) had a net profit margin of -170.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Norris Inds Inc's operating cash flow?

Norris Inds Inc (NRIS) generated -$369K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Norris Inds Inc's total assets?

Norris Inds Inc (NRIS) had $360K in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does Norris Inds Inc have outstanding?

Norris Inds Inc (NRIS) had 108M shares outstanding as of fiscal year 2025.

What is Norris Inds Inc's current ratio?

Norris Inds Inc (NRIS) had a current ratio of 0.89 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Norris Inds Inc's debt-to-equity ratio?

Norris Inds Inc (NRIS) had a debt-to-equity ratio of -1.07 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Norris Inds Inc's return on assets (ROA)?

Norris Inds Inc (NRIS) had a return on assets of -155.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Norris Inds Inc's cash runway?

Based on fiscal year 2025 data, Norris Inds Inc (NRIS) had $86K in cash against an annual operating cash burn of $369K. This gives an estimated cash runway of approximately 3 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 Norris Inds Inc's debt-to-equity ratio negative or unusual?

Norris Inds Inc (NRIS) has negative shareholder equity of -$4.9M 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.

What is Norris Inds Inc's Piotroski F-Score?

Norris Inds Inc (NRIS) has a Piotroski F-Score of 3 out of 9, indicating weak 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Norris Inds Inc's earnings high quality?

Norris Inds Inc (NRIS) has an earnings quality ratio of 0.66x, 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.

Can Norris Inds Inc cover its interest payments?

Norris Inds Inc (NRIS) has an interest coverage ratio of -2.9x, meaning it can struggle to cover its interest obligations. 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.