ORIGINCLEAR INC (OCLN) 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 2, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q1 FY2026, filed May 29, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the OCLN SEC filings page.
ORIGINCLEAR INC (OCLN) reported $6.8M in revenue for fiscal year 2025, up 54.7% 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).
The business earns positive gross profit, but overhead and financing pressure still overwhelm it, leaving a heavily strained balance sheet.
Across FY2024 and FY2025, reported net losses remained near$18M while operating cash outflows stayed near$4M , a persistent gap pointing to substantial noncash or working-capital effects in earnings rather than cash consumption alone.
Gross margin recovered from
Reported liabilities fell from
Financial Health Signals
ORIGINCLEAR INC 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.
ORIGINCLEAR INC scores -42.49, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($8.1M) relative to total liabilities ($34.1M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
ORIGINCLEAR INC passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
ORIGINCLEAR INC reported a net loss of $18.3M while operations used $3.6M of cash. With neither figure positive, the ratio between the two carries no quality signal.
ORIGINCLEAR INC reported an operating loss of $3.3M against $1.3M 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
ORIGINCLEAR INC generated $2.0M in revenue in Q1 2026. This represents an increase of 42.6% from the same quarter a year earlier. Against the prior quarter it is down 27.5%.
ORIGINCLEAR INC's EBITDA was -$497K in Q1 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 44.8% from the same quarter a year earlier.
ORIGINCLEAR INC reported -$2.3M in net income in Q1 2026. This represents a decrease of 248.2% from the same quarter a year earlier.
Cash & Balance Sheet
ORIGINCLEAR INC generated $1.5M in free cash flow in Q1 2026, representing cash available after capex. This represents an increase of 760.9% from the same quarter a year earlier.
ORIGINCLEAR INC held $3.3M in cash as of Q1 2026; long-term debt is not reported for that period.
Not reported for Q1 2026.
Margins & Returns
ORIGINCLEAR INC's gross margin was 27.7% in Q1 2026, indicating the percentage of revenue retained after direct costs. This is down 8.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 19.1 percentage points.
ORIGINCLEAR INC's operating margin was -25.0% in Q1 2026, reflecting core business profitability. This is up 41.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 12.0 percentage points.
Not shown for Q1 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not reported for Q1 2026.
Capital Allocation
ORIGINCLEAR INC reported no capital expenditure in Q1 2026. This represents a decrease of 100.0% from the same quarter a year earlier.
Not reported for Q1 2026.
Not reported for Q1 2026.
OCLN 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 | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.0M+42.6% | $2.8M+50.9% | $1.7M+192.9% | $942K-10.4% | $1.4M+48.9% | $1.8M-45.1% | $583K-57.2% | $1.1M+15882.7% |
| Cost of Revenue | $1.4M+3.2% | $964K+4.1% | $1.2M+139.5% | $1.6M+292.0% | $1.4M+33.0% | $927K-69.8% | $512K-54.9% | $408K+6214.7% |
| Gross Profit | $554K+9.8% | $1.3M+43.1% | $482K+577.0% | -$658K-202.4% | $505K+548.6% | $904K+238.4% | $71K-68.8% | $642K+583919.1% |
| SG&A Expenses | $649K-41.7% | $1.3M-5.9% | $468K-68.2% | $728K-20.0% | $1.1M-8.5% | $1.4M-33.0% | $1.5M+62.9% | $910K+42.5% |
| Operating Income | -$501K+46.1% | -$359K+69.4% | -$319K+85.5% | -$1.7M-89.2% | -$931K+51.4% | -$1.2M+52.0% | -$2.2M-90.6% | -$906K+27.2% |
| EBITDA | -$497K+44.8% | N/A | N/A | -$1.7M-92.7% | -$900K+52.9% | N/A | N/A | -$899K+27.3% |
| Interest Expense | $84K-88.9% | $221K+111.5% | $129K-81.0% | $224K-70.0% | $761K+18.0% | -$1.9M-394.3% | $681K+18.6% | $747K+51.1% |
| Net Income | -$2.3M-248.2% | N/A | -$13.2M-376.0% | N/A | -$656K+95.9% | -$2.3M-134.4% | -$2.8M+66.6% | $3.0M+138.5% |
| EPS (Basic) | N/A | $0.00 | $0.00 | $0.00 | $0.00+100.0% | $0.00 | $0.00+100.0% | $0.00+100.0% |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | $0.00 | $0.00+100.0% | $0.00 | $0.00+100.0% | $0.00+100.0% |
| Diluted Shares (Avg) | 16.18B | N/A | 15.56B+760.1% | 15.56B | 1.71B+18.2% | N/A | 1.81B+39.0% | 1.60B+34.0% |
Not reported in any period shown, so not listed: R&D Expenses, Income Tax.
OCLN 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 | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $5.1M+24.1% | $5.7M+15.1% | $2.7M | $3.1M+19.6% | $4.1M | $5.0M+58.8% | N/A | $2.6M-43.8% |
| Current Assets | $4.4M+28.3% | $5.2M+19.5% | $2.1M | $2.5M+24.8% | $3.5M | $4.3M+74.0% | N/A | $2.0M-48.3% |
| Cash & Equivalents | $3.3M+74.4% | $828K+122.9% | $757K+209.5% | $1.2M+3556.6% | $1.9M+187.6% | $372K-24.0% | $245K-78.8% | $33K-97.6% |
| Short-Term Investments | $660 | $660 | $0 | $0-100.0% | $0 | $0-100.0% | $0-100.0% | $36K+60.0% |
| Accounts Receivable | $761K | $3.9M | N/A | N/A | N/A | N/A | N/A | $1.2M-12.0% |
| Long-Term Investments | $3K | $3K | $0 | $0-100.0% | $0 | $0-100.0% | $0-100.0% | $3K+33.3% |
| Total Liabilities | $34.6M-40.3% | $34.1M-43.0% | $35.0M | $32.0M-40.4% | $58.0M | $59.8M+41.1% | N/A | $53.6M+44.3% |
| Current Liabilities | $26.4M-44.9% | $24.2M-51.3% | $25.1M | $22.0M-50.3% | $47.9M | $49.8M+43.3% | N/A | $44.3M+55.5% |
| Non-Current Liabilities | $1.1M-55.5% | $2.5M-0.9% | $2.5M | $2.5M+22.1% | $2.5M | $2.5M+1641.6% | N/A | $2.0M-76.7% |
| Long-Term Debt | N/A | $2.6M+29.6% | $2.0M | $2.0M0.0% | $2.0M | $2.0M | N/A | $2.0M |
| Total Equity | -$29.6M+45.2% | -$28.4M+48.3% | -$32.2M+39.8% | -$28.8M+43.5% | -$53.9M+1.2% | -$54.9M-39.7% | -$53.6M-36.5% | -$51.0M-57.0% |
| Retained Earnings | -$158.0M-14.4% | -$155.7M-13.3% | -$168.8M | -$155.6M-18.7% | -$138.1M | -$137.4M-15.2% | N/A | -$131.2M-10.3% |
Not reported in any period shown, so not listed: Inventory, Goodwill.
OCLN 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 | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.5M+783.3% | -$1.3M-109.1% | -$700K+31.1% | -$1.4M-0.6% | -$221K+69.5% | -$600K+45.3% | -$1.0M+10.4% | -$1.4M-9.3% |
| Depreciation & Amortization | $5K-84.6% | N/A | N/A | -$18K-349.1% | $31K+324.5% | N/A | N/A | $7K-4.9% |
| Stock-Based Compensation | $0-100.0% | N/A | $88K | N/A | $773K+356.1% | N/A | N/A | N/A |
| Capital Expenditures | $0-100.0% | N/A | N/A | N/A | $8K | N/A | N/A | N/A |
| Free Cash Flow | $1.5M+760.9% | N/A | N/A | N/A | -$229K | N/A | N/A | N/A |
| Investing Cash Flow | $0+100.0% | -$2K+99.7% | -$30K+93.0% | $4K+100.8% | -$8K+98.7% | -$795K-7.5% | -$424K+26.6% | -$510K+33.6% |
| Financing Cash Flow | $970K-38.5% | $1.3M-12.7% | $284K-80.4% | $891K-40.3% | $1.6M+8.1% | $1.5M+29.9% | $1.4M-2.8% | $1.5M-40.9% |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
OCLN 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 | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 27.7%-8.3pp | 46.8%-2.6pp | 28.2%+16.0pp | -69.9%-131.0pp | 35.9%+47.9pp | 49.4%+41.4pp | 12.2%-4.5pp | 61.2%+59.5pp |
| Operating Margin | -25.0%+41.2pp | -13.0%+51.1pp | -18.7% | -182.0% | -66.3% | -64.1%+9.3pp | -376.9% | -86.2% |
| Net Margin | -114.1% | N/A | -772.8% | N/A | -46.7% | -123.3% | -475.5% | 282.0% |
| Return on Assets | -45.1%-29.0pp | N/A | -481.0% | N/A | -16.1% | -45.2%-253.8pp | N/A | 112.5%+276.5pp |
| Current Ratio | 0.17+0.1x | 0.21+0.1x | 0.09 | 0.12+0.1x | 0.07 | 0.090.0x | N/A | 0.05-0.1x |
| Asset Turnover | 0.40+0.1x | 0.48+0.1x | 0.62 | 0.30-0.1x | 0.34 | 0.37-0.7x | N/A | 0.40+0.4x |
| FCF Margin | 75.5%+91.8pp | N/A | N/A | N/A | -16.3% | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Return on Equity, Debt-to-Equity.
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: Operating Margin, Net Margin.
Note: Shareholder equity is negative (-$28.4M), 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 (0.21), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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 |
|---|---|---|---|---|---|---|
| ORIGINCLEAR INC OCLN | FY2025 | $6.8M | -$18.3M | N/A | $8.1M | — |
| TITAN ENVIRONMENTAL SLTN TESI | FY2024 | $9.6M | -$21.5M | N/A | $8K | — |
Where ORIGINCLEAR INC Ranks
Frequently Asked Questions
What is ORIGINCLEAR INC's annual revenue?
ORIGINCLEAR INC (OCLN) reported $6.8M in total revenue for fiscal year 2025. This represents a 54.7% 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 ORIGINCLEAR INC's revenue growing?
ORIGINCLEAR INC (OCLN) revenue grew by 54.7% year-over-year, from $4.4M to $6.8M in fiscal year 2025.
Is ORIGINCLEAR INC profitable?
No, ORIGINCLEAR INC (OCLN) reported a net income of -$18.3M in fiscal year 2025.
What is ORIGINCLEAR INC's EBITDA?
ORIGINCLEAR INC (OCLN) had EBITDA of -$3.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does ORIGINCLEAR INC have?
As of fiscal year 2025, ORIGINCLEAR INC (OCLN) had $828K in cash and equivalents against $2.6M in long-term debt.
What is ORIGINCLEAR INC's gross margin?
ORIGINCLEAR INC (OCLN) had a gross margin of 23.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is ORIGINCLEAR INC's operating margin?
ORIGINCLEAR INC (OCLN) had an operating margin of -48.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is ORIGINCLEAR INC's operating cash flow?
ORIGINCLEAR INC (OCLN) recorded an outflow of $3.6M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are ORIGINCLEAR INC's total assets?
ORIGINCLEAR INC (OCLN) had $5.7M in total assets as of fiscal year 2025, including both current and long-term assets.
What is ORIGINCLEAR INC's current ratio?
ORIGINCLEAR INC (OCLN) had a current ratio of 0.21 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is ORIGINCLEAR INC's return on assets (ROA)?
ORIGINCLEAR INC (OCLN) had a return on assets of -318.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is ORIGINCLEAR INC's P/E ratio?
ORIGINCLEAR INC (OCLN) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $8.1M as of Oct 2, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is ORIGINCLEAR INC's price-to-sales ratio?
ORIGINCLEAR INC (OCLN) trades at 1.1x sales, its market capitalization divided by revenue of $7.4M revenue, trailing 12 months to March 31, 2026. The market capitalization is $8.1M as of Oct 2, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does ORIGINCLEAR INC's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, ORIGINCLEAR INC (OCLN) held $832K in cash, cash equivalents and investments, and reported an operating cash outflow of $3.6M over that year. Dividing the one by the other, the reported balance equals about 3 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.
Why is ORIGINCLEAR INC's debt-to-equity ratio negative or not reported?
ORIGINCLEAR INC (OCLN) has negative shareholder equity of -$28.4M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. 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 ORIGINCLEAR INC's Altman Z-Score?
ORIGINCLEAR INC (OCLN) has an Altman Z-Score of -42.49, placing it in the Distress Zone (elevated 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 ORIGINCLEAR INC's Piotroski F-Score?
ORIGINCLEAR INC (OCLN) has a Piotroski F-Score of 4 out of 9, indicating neutral 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are ORIGINCLEAR INC's earnings high quality?
ORIGINCLEAR INC (OCLN) reported a net loss of $18.3M while operations used $3.6M 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 ORIGINCLEAR INC cover its interest payments?
ORIGINCLEAR INC (OCLN) reported an operating loss of $3.3M against $1.3M 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.