Nutriband Inc Financials
Nutriband Inc (NTRB) reported $2.0M in revenue for fiscal year 2026, down 4.8% from the prior fiscal year. This page shows its 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).
External financing is sustaining a business whose operating cost base overwhelms gross profit and whose cash burn is not investment-led.
The margin compression from34.7% in FY2025 to27.8% in FY2026 did not create the main problem: even the remaining gross profit was dwarfed by operating expenses, leaving a structural earnings gap. Free cash flow of-$5.1M nearly matched operating cash flow of-$5.1M , showing that the cash conversion shortfall was primarily operating-cost driven rather than reinvestment-driven.
Operating overhead consumed the economics of reported gross profit: FY2026 gross profit was
Despite a 6.4x current ratio, liquidity was maintained through external financing rather than internal cash generation: financing cash flow was positive while operating cash flow was negative. Shares outstanding rose from 11.1M to 12.2M, linking that funding pattern with a larger equity base.
Financial Health Signals
Scored against emerging companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Nutriband Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Nutriband Inc scores 31.56, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($62.1M) relative to total liabilities ($868K). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Nutriband Inc passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
Nutriband Inc reported a net loss of $8.2M while operations used $5.1M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Nutriband Inc reported an operating loss of $8.3M against $23K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Nutriband Inc generated $2.0M in revenue in fiscal year 2026. This represents a decrease of 4.8% from the prior year.
Nutriband Inc's EBITDA was -$8.1M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 18.8% from the prior year.
Nutriband Inc reported -$8.2M in net income in fiscal year 2026. This represents an increase of 21.5% from the prior year.
Cash & Balance Sheet
Nutriband Inc recorded an outflow of $5.1M in free cash flow in fiscal year 2026, representing a cash shortfall after capex. This represents a decrease of 8.9% from the prior year.
Nutriband Inc held $4.6M in cash as of fiscal year 2026; long-term debt is not reported for that period.
Not reported for fiscal year 2026.
Margins & Returns
Nutriband Inc's gross margin was 27.8% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is down 6.9 percentage points from the prior year.
Nutriband Inc's ROE was -123.2% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is up 39.8 percentage points from the prior year.
Not shown for fiscal year 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for fiscal year 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
Nutriband Inc invested $1.9M in research and development in fiscal year 2026. This represents a decrease of 39.4% from the prior year.
Nutriband Inc invested $5K in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents a decrease of 94.2% from the prior year.
Not reported for fiscal year 2026.
NTRB Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.8M | $2.0M-4.8% | $2.1M+2.6% | $2.1M+0.3% | $2.1M+46.2% | $1.4M+50.7% | $944K+690.6% | $119K-51.3% | $245K | N/A | N/A |
| Cost of Revenue | $1.3M | $1.5M+5.3% | $1.4M-27.3% | $1.9M+7.5% | $1.8M+51.4% | $1.2M+88.0% | $627K+14.3% | $549K+90.5% | $288K | N/A | N/A |
| Gross Profit | $511K | $566K-23.8% | $743K-13.8% | $862K+14.9% | $750K+35.4% | $554K+75.3% | $316K+173.6% | -$430K-899.0% | -$43K | N/A | N/A |
| R&D Expenses | $1.5M | $1.9M-39.4% | $3.1M+59.1% | $2.0M+99.6% | $982K+138.8% | $411K | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $7.2M | $7.0M+62.1% | $4.3M+14.3% | $3.8M-3.6% | $3.9M-2.7% | $4.0M+38.1% | $2.9M+62.6% | $1.8M-45.5% | $3.3M+1812.4% | $172K+13.7% | $151K |
| Operating Income | -$8.2M | -$8.3M+19.1% | -$10.3M-111.1% | -$4.9M-8.9% | -$4.5M+26.8% | -$6.1M-135.4% | -$2.6M-31.8% | -$2.0M+40.9% | -$3.3M | N/A | -$151K |
| Interest Expense | $25K | $23K+5.3% | $21K-71.8% | $76K+814.6% | $8K-93.0% | $118K-57.8% | $281K+282.3% | $73K | N/A | N/A | N/A |
| Net Income | -$8.1M | -$8.2M+21.5% | -$10.5M-91.1% | -$5.5M-22.3% | -$4.5M+27.4% | -$6.2M-110.6% | -$2.9M-7.8% | -$2.7M+18.3% | -$3.3M | N/A | -$151K |
| EPS (Diluted) | — | -$2.58 | -$0.99-43.5% | -$0.69-30.2% | -$0.53+33.8% | -$0.80 | N/A | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Income Tax.
TTM is the trailing twelve months, Q2 FY2026 through Q1 FY2027, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
NTRB Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $7.5M+1.0% | $7.5M-0.6% | $7.5M-20.5% | $9.5M-25.8% | $12.7M+28.3% | $9.9M+351.7% | $2.2M-21.7% | $2.8M+1602.6% | $165K+337.1% | $38K |
| Current Assets | $5.0M+4.1% | $4.8M+369.2% | $1.0M-62.1% | $2.7M-50.7% | $5.5M+1639.5% | $314K+627.6% | $43K-92.7% | $590K+258.1% | $165K+337.1% | $38K |
| Cash & Equivalents | $4.6M+6.1% | $4.3M+774.7% | $493K-75.2% | $2.0M-59.4% | $4.9M+3118.5% | $152K+1392.9% | $10K-97.9% | $475K | N/A | $27K |
| Inventory | $118K-44.4% | $212K+25.8% | $169K-26.5% | $229K+74.2% | $132K+149.1% | $53K | N/A | N/A | $4K-48.6% | $8K |
| Accounts Receivable | $118K+60.3% | $74K-50.3% | $149K+31.5% | $113K+58.4% | $71K-34.7% | $109K+752.1% | $13K-1.9% | $13K | N/A | N/A |
| Goodwill | $1.7M0.0% | $1.7M-65.8% | $5.0M0.0% | $5.0M-6.1% | $5.3M-29.0% | $7.5M+338.0% | $1.7M0.0% | $1.7M | N/A | N/A |
| Total Liabilities | $868K-16.6% | $1.0M-3.5% | $1.1M+22.1% | $883K+0.3% | $880K-68.7% | $2.8M+39.2% | $2.0M+401.8% | $403K+828.8% | $43K+196.8% | $15K |
| Current Liabilities | $784K-20.2% | $983K-1.6% | $999K+33.5% | $749K-3.9% | $779K-69.7% | $2.6M+27.0% | $2.0M+401.8% | $403K+828.8% | $43K+196.8% | $15K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $2K+15.1% | $2K |
| Total Equity | $6.7M+3.9% | $6.4M-0.1% | $6.4M-24.9% | $8.6M-27.7% | $11.9M+66.8% | $7.1M+3953.9% | $175K-92.7% | $2.4M+1879.0% | $122K+425.8% | $23K |
| Retained Earnings | -$46.7M-21.4% | -$38.5M-37.5% | -$28.0M-24.4% | -$22.5M-24.9% | -$18.0M-52.2% | -$11.8M-32.9% | -$8.9M-44.0% | -$6.2M-116.9% | -$2.8M-1505.6% | -$177K |
NTRB Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$4.4M | -$5.1M-11.0% | -$4.6M-31.2% | -$3.5M-18.1% | -$3.0M-6.3% | -$2.8M-845.7% | -$297K+66.8% | -$894K+19.1% | -$1.1M-1090.5% | -$93K+37.2% | -$148K |
| Capital Expenditures | N/A | $5K-94.2% | $92K+77.8% | $52K-34.7% | $79K-2.8% | $82K | N/A | N/A | $4K | N/A | N/A |
| Free Cash Flow | N/A | -$5.1M-8.9% | -$4.7M-31.8% | -$3.6M-16.7% | -$3.1M-6.1% | -$2.9M | N/A | N/A | -$1.1M | N/A | N/A |
| Investing Cash Flow | N/A | -$5K+94.2% | -$92K-77.8% | -$52K+34.7% | -$79K+2.8% | -$82K-221.8% | $67K | N/A | -$404K | N/A | N/A |
| Financing Cash Flow | $5.4M | $5.4M-36.7% | $8.5M+309.1% | $2.1M+1203.6% | $160K-97.9% | $7.6M+1952.0% | $372K-13.6% | $430K-78.3% | $2.0M+2916.8% | $66K-62.4% | $175K |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
TTM is the trailing twelve months, Q2 FY2026 through Q1 FY2027, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
NTRB Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 27.8%-6.9pp | 34.7%-6.6pp | 41.3%+5.3pp | 36.1%-2.9pp | 39.0%+5.5pp | 33.5% | -360.0% | -17.5% | N/A | N/A |
| Operating Margin | -408.4% | -480.7% | -233.6% | -215.2% | -429.7% | -275.1% | -1649.9% | -1358.1% | N/A | N/A |
| Net Margin | -404.1% | -489.9% | -263.0% | -215.6% | -434.3% | -310.8% | -2280.1% | -1358.1% | N/A | N/A |
| Return on Equity | -123.2%+39.8pp | -163.1%-77.9pp | -85.2%-32.9pp | -52.3%-0.2pp | -52.1%-10.8pp | -41.2%+1510.1pp | -1551.4%-1412.8pp | -138.5% | N/A | -654.5% |
| Return on Assets | -109.0%+31.3pp | -140.3%-67.4pp | -73.0%-25.6pp | -47.4%+1.1pp | -48.5%-18.9pp | -29.5%+94.3pp | -123.8%-5.2pp | -118.7% | N/A | -400.9% |
| Current Ratio | 6.36+1.5x | 4.88+3.9x | 1.02-2.6x | 3.60-3.4x | 7.01+6.9x | 0.12+0.1x | 0.02-1.4x | 1.47-2.3x | 3.80+1.2x | 2.58 |
| Debt-to-Equity | 0.130.0x | 0.160.0x | 0.17+0.1x | 0.100.0x | 0.07-0.3x | 0.40-11.1x | 11.53+11.4x | 0.17+0.2x | 0.01-0.1x | 0.07 |
| FCF Margin | -252.4% | -220.5% | -171.6% | -147.5% | -203.3% | N/A | N/A | -452.4% | N/A | N/A |
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: Gross Margin, Operating Margin, Net Margin, FCF Margin.
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Where Nutriband Inc Ranks
Frequently Asked Questions
What is Nutriband Inc's annual revenue?
Nutriband Inc (NTRB) reported $2.0M in total revenue for fiscal year 2026. This represents a -4.8% 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 Nutriband Inc's revenue growing?
Nutriband Inc (NTRB) revenue declined by 4.8% year-over-year, from $2.1M to $2.0M in fiscal year 2026.
Is Nutriband Inc profitable?
No, Nutriband Inc (NTRB) reported a net income of -$8.2M in fiscal year 2026.
What is Nutriband Inc's EBITDA?
Nutriband Inc (NTRB) had EBITDA of -$8.1M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
What is Nutriband Inc's gross margin?
Nutriband Inc (NTRB) had a gross margin of 27.8% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Nutriband Inc's return on equity (ROE)?
Nutriband Inc (NTRB) has a return on equity of -123.2% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Nutriband Inc's free cash flow?
Nutriband Inc (NTRB) recorded an outflow of $5.1M in free cash flow during fiscal year 2026. This represents a -8.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Nutriband Inc's operating cash flow?
Nutriband Inc (NTRB) recorded an outflow of $5.1M in operating cash flow during fiscal year 2026, representing cash used by core business activities.
What are Nutriband Inc's total assets?
Nutriband Inc (NTRB) had $7.5M in total assets as of fiscal year 2026, including both current and long-term assets.
What are Nutriband Inc's capital expenditures?
Nutriband Inc (NTRB) invested $5K in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
How much does Nutriband Inc spend on research and development?
Nutriband Inc (NTRB) invested $1.9M in research and development during fiscal year 2026.
What is Nutriband Inc's current ratio?
Nutriband Inc (NTRB) had a current ratio of 6.36 as of fiscal year 2026, which is generally considered healthy.
What is Nutriband Inc's debt-to-equity ratio?
Nutriband Inc (NTRB) had a debt-to-equity ratio of 0.13 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Nutriband Inc's return on assets (ROA)?
Nutriband Inc (NTRB) had a return on assets of -109.0% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Nutriband Inc's cash runway?
Based on fiscal year 2026 data, Nutriband Inc (NTRB) had $4.6M in cash against an annual operating cash burn of $5.1M. This gives an estimated cash runway of approximately 11 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.
What is Nutriband Inc's Altman Z-Score?
Nutriband Inc (NTRB) has an Altman Z-Score of 31.56, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Nutriband Inc's Piotroski F-Score?
Nutriband Inc (NTRB) has a Piotroski F-Score of 3 out of 8 computable signals; 1 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.
Are Nutriband Inc's earnings high quality?
Nutriband Inc (NTRB) reported a net loss of $8.2M while operations used $5.1M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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 Nutriband Inc cover its interest payments?
Nutriband Inc (NTRB) reported an operating loss of $8.3M against $23K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. 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.
How financially healthy is Nutriband Inc?
Nutriband Inc (NTRB) scores 49 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.