Eightco Holdings Financials
Eightco Holdings (OCTO) reported $33.0M in revenue for fiscal year 2025, down 16.8% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 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).
Fresh capital reshaped the balance sheet, but the underlying operation now earns almost no gross profit from sales.
FY2025’s balance-sheet reset was funded from outside the business: financing cash inflow of$448.0M was largely matched by investing outflow of-$378.7M . So the much stronger liquidity profile reflects a capital event rather than an operating recovery, because gross margin still compressed to only1.6% and the business remained cash-consuming.
The key deterioration was contribution, not just revenue. Gross profit dollars fell from
Accounting profit and cash flow have not agreed for the last two years. FY2024 showed positive net income of
Financial Health Signals
Eightco Holdings 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.
Eightco Holdings scores 0.82, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($73.4M) relative to total liabilities ($18.0M). 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.
Eightco Holdings passes 2 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
Eightco Holdings reported a net loss of $262.0M while operations used $11.0M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Eightco Holdings reported an operating loss of $57.2M against $4.1M 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
Eightco Holdings generated $33.0M in revenue in fiscal year 2025. This represents a decrease of 16.8% from the prior year.
Eightco Holdings's EBITDA was -$57.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 613.1% from the prior year.
Eightco Holdings reported -$262.0M in net income in fiscal year 2025. This represents a decrease of 37079.3% from the prior year.
Cash & Balance Sheet
Eightco Holdings recorded an outflow of $11.0M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents a decrease of 65.3% from the prior year.
Eightco Holdings held $58.5M in cash as of fiscal year 2025; long-term debt is not reported for that period.
Not reported for fiscal year 2025.
Margins & Returns
Eightco Holdings's gross margin was 1.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 13.5 percentage points from the prior year.
Eightco Holdings's ROE was -112.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 118.6 percentage points from the prior year.
Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
Eightco Holdings invested $2K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 167.3% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
OCTO 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 | FY25 | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|---|---|
| Revenue | $30.6M | $33.0M-16.8% | $39.6M-41.4% | $67.6M+112.3% | $31.8M+304.1% | $7.9M |
| Cost of Revenue | $30.7M | $32.4M-3.5% | $33.6M-45.1% | $61.3M+106.9% | $29.6M+421.4% | $5.7M |
| Gross Profit | -$64K | $534K-91.1% | $6.0M-4.4% | $6.3M+185.3% | $2.2M+0.1% | $2.2M |
| SG&A Expenses | $32.4M | $23.9M+87.3% | $12.8M-13.8% | $14.8M-9.7% | $16.4M+525.2% | $2.6M |
| Operating Income | -$66.3M | -$57.2M-598.4% | -$8.2M+23.3% | -$10.7M+31.1% | -$15.5M-3495.6% | -$431K |
| Interest Expense | $5.1M | $4.1M-22.8% | $5.3M+145.8% | -$11.6M-16753.7% | $69K | $0 |
| Income Tax | N/A | $20K+114.9% | -$135K | N/A | -$173K-182.4% | $210K |
| Net Income | -$335.6M | -$262.0M-37079.3% | $709K+101.0% | -$68.3M-44.6% | -$47.3M-164305.7% | $29K |
| EPS (Diluted) | — | -$4.14 | $0.36 | -$23.63 | -$150.95 | N/A |
Not reported in any period shown, so not listed: R&D Expenses.
TTM is the trailing twelve months, Q2 FY2025 through Q1 FY2026, 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.
OCTO Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|---|
| Total Assets | $250.2M+392.0% | $50.8M-8.2% | $55.4M-5.4% | $58.6M+319.2% | $14.0M |
| Current Assets | $244.7M+1862.7% | $12.5M-15.5% | $14.7M+4.7% | $14.1M+57.0% | $9.0M |
| Cash & Equivalents | $58.5M+24358.3% | $239K-95.4% | $5.2M-6.0% | $5.6M+512.4% | $911K |
| Inventory | $7.8M-0.3% | $7.8M+31.3% | $6.0M+32.5% | $4.5M+3968.2% | $111K |
| Accounts Receivable | $434K-72.8% | $1.6M+27.5% | $1.2M-1.2% | $1.3M+45.7% | $867K |
| Goodwill | N/A | $22.3M0.0% | $22.3M0.0% | $22.3M | N/A |
| Total Liabilities | $18.0M-54.3% | $39.3M-34.2% | $59.8M+13.2% | $52.8M+347.1% | $11.8M |
| Current Liabilities | $18.0M-39.7% | $29.8M-24.6% | $39.5M+184.0% | $13.9M+85.2% | $7.5M |
| Total Equity | $232.6M+1849.9% | $11.9M+403.3% | -$3.9M-164.2% | $6.1M+166.4% | $2.3M |
| Retained Earnings | -$374.6M-232.8% | -$112.6M+0.6% | -$113.3M-152.0% | -$45.0M-2054.5% | $2.3M |
Not reported in any period shown, so not listed: Long-Term Debt.
OCTO 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 | FY25 | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | -$16.7M | -$11.0M-65.3% | -$6.6M-3.7% | -$6.4M+61.7% | -$16.7M-8380.2% | -$197K |
| Capital Expenditures | N/A | $2K+167.3% | $826 | N/A | N/A | N/A |
| Free Cash Flow | N/A | -$11.0M-65.3% | -$6.6M | N/A | N/A | N/A |
| Investing Cash Flow | -$587.7M | -$378.7M-540188.2% | -$70K+76.3% | -$295K-163.0% | $468K+112.6% | -$3.7M |
| Financing Cash Flow | $611.5M | $448.0M+26273.5% | $1.7M-73.3% | $6.4M-69.6% | $20.9M+351.1% | $4.6M |
| Share Buybacks | N/A | N/A | N/A | N/A | $49K | N/A |
Not reported in any period shown, so not listed: Dividends Paid.
TTM is the trailing twelve months, Q2 FY2025 through Q1 FY2026, 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.
OCTO Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|---|
| Gross Margin | 1.6%-13.5pp | 15.1%+5.8pp | 9.3%+2.4pp | 6.9%-20.9pp | 27.8% |
| Operating Margin | -173.5% | -20.7%-4.9pp | -15.8%+32.9pp | -48.7%-43.3pp | -5.5% |
| Net Margin | -794.4% | 1.8% | -101.1% | -148.5% | 0.4% |
| Return on Equity | -112.6%-118.6pp | 5.9% | N/A | -771.2%-772.5pp | 1.3% |
| Return on Assets | -104.7%-106.1pp | 1.4%+124.7pp | -123.3%-42.7pp | -80.6%-80.8pp | 0.2% |
| Current Ratio | 13.61+13.2x | 0.420.0x | 0.37-0.6x | 1.01-0.2x | 1.19 |
| Debt-to-Equity | 0.08-3.2x | 3.30 | N/A | 8.61+3.5x | 5.13 |
| FCF Margin | -33.3%-16.5pp | -16.8% | N/A | 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: Operating Margin, Net Margin.
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Where Eightco Holdings Ranks
Frequently Asked Questions
What is Eightco Holdings's annual revenue?
Eightco Holdings (OCTO) reported $33.0M in total revenue for fiscal year 2025. This represents a -16.8% 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 Eightco Holdings's revenue growing?
Eightco Holdings (OCTO) revenue declined by 16.8% year-over-year, from $39.6M to $33.0M in fiscal year 2025.
Is Eightco Holdings profitable?
No, Eightco Holdings (OCTO) reported a net income of -$262.0M in fiscal year 2025.
What is Eightco Holdings's EBITDA?
Eightco Holdings (OCTO) had EBITDA of -$57.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Eightco Holdings's gross margin?
Eightco Holdings (OCTO) had a gross margin of 1.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Eightco Holdings's return on equity (ROE)?
Eightco Holdings (OCTO) has a return on equity of -112.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Eightco Holdings's free cash flow?
Eightco Holdings (OCTO) recorded an outflow of $11.0M in free cash flow during fiscal year 2025. This represents a -65.3% 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 Eightco Holdings's operating cash flow?
Eightco Holdings (OCTO) recorded an outflow of $11.0M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Eightco Holdings's total assets?
Eightco Holdings (OCTO) had $250.2M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Eightco Holdings's capital expenditures?
Eightco Holdings (OCTO) invested $2K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Eightco Holdings's current ratio?
Eightco Holdings (OCTO) had a current ratio of 13.61 as of fiscal year 2025, which is generally considered healthy.
What is Eightco Holdings's debt-to-equity ratio?
Eightco Holdings (OCTO) had a debt-to-equity ratio of 0.08 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Eightco Holdings's return on assets (ROA)?
Eightco Holdings (OCTO) had a return on assets of -104.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Eightco Holdings's Altman Z-Score?
Eightco Holdings (OCTO) has an Altman Z-Score of 0.82, 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 Eightco Holdings's Piotroski F-Score?
Eightco Holdings (OCTO) has a Piotroski F-Score of 2 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 Eightco Holdings's earnings high quality?
Eightco Holdings (OCTO) reported a net loss of $262.0M while operations used $11.0M 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 Eightco Holdings cover its interest payments?
Eightco Holdings (OCTO) reported an operating loss of $57.2M against $4.1M 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.