What is Petvivo Holdings's earnings per share (EPS)?

Petvivo Holdings (PETVW) reported diluted earnings per share of $-0.38 for fiscal year 2026. This represents a 7.3% 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.

Petvivo Holdings Financials

PETVW

Source SEC Filings (10-K/10-Q) Data as of Mar 31, 2026 Currency USD FYE March

This page shows Petvivo Holdings (PETVW) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 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).

Rhea AI PETVW FY2025 2026-04-22

External funding, not sales, is still carrying PETVW's development-stage cost structure and sustaining day-to-day operations.

In FY2025, financing inflow of $6.0M only slightly exceeded free cash burn of $5.4M. Because shares outstanding jumped 41.8% from FY2024 while cash ended the year at just $228K, new capital appears to be serving mainly as operating fuel rather than accumulating into a durable liquidity cushion.

FY2025 revenue was only $1.1M, yet gross margin was 87.8%, which points away from production economics as the core issue. R&D and SG&A together ran about $6.4M, showing that the business is still supporting a cost base and development effort far larger than its current commercial scale.

The working-capital picture improved, with the current ratio moving to 1.3x from 0.7x. But cash was only $228K, so the stronger liquidity snapshot likely depends on non-cash current assets being usable in time, or on continued access to outside funding, rather than on a large cash reserve.

Financial Health Signals

Financial health score pending refresh

We are recalculating Petvivo Holdings's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Piotroski F-Score Partial

3/8

Petvivo Holdings passes 3 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, 1 of 2 efficiency signals pass.

Earnings Quality Low Quality

0.58x

For every $1 of reported earnings, Petvivo Holdings generates $0.58 in operating cash flow (-$6.1M OCF vs -$10.5M 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

-715.5x

Petvivo Holdings earns $-715.5 in operating income for every $1 of interest expense (-$9.1M vs $13K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$1.1M

YoY+0.8%

5Y CAGR+146.4%

10Y CAGR+31.3%

Petvivo Holdings generated $1.1M in revenue in fiscal year 2026. This represents an increase of 0.8% from the prior year.

EBITDA

-$8.6M

YoY-8.5%

Petvivo Holdings's EBITDA was -$8.6M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 8.5% from the prior year.

Net Income

-$10.5M

YoY-24.7%

Petvivo Holdings reported -$10.5M in net income in fiscal year 2026. This represents a decrease of 24.7% from the prior year.

EPS (Diluted)

$-0.38

YoY+7.3%

Petvivo Holdings earned $-0.38 per diluted share (EPS) in fiscal year 2026. This represents an increase of 7.3% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$6.1M

YoY-13.5%

Petvivo Holdings generated -$6.1M in free cash flow in fiscal year 2026, representing cash available after capex. This represents a decrease of 13.5% from the prior year.

Cash & Debt

$201K

YoY-11.8%

5Y CAGR+53.5%

10Y CAGR+94.6%

Petvivo Holdings held $201K in cash against $0 in long-term debt as of fiscal year 2026.

Dividends Per Share

N/A

Shares Outstanding

35M

YoY+44.8%

5Y CAGR+38.8%

Petvivo Holdings had 35M shares outstanding in fiscal year 2026. This represents an increase of 44.8% from the prior year.

Margins & Returns

Gross Margin

66.1%

YoY-21.7pp

5Y CAGR+51.1pp

10Y CAGR-33.9pp

Petvivo Holdings's gross margin was 66.1% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is down 21.7 percentage points from the prior year.

Operating Margin

-793.9%

YoY-82.6pp

5Y CAGR+14780.8pp

10Y CAGR+3541.0pp

Petvivo Holdings's operating margin was -793.9% in fiscal year 2026, reflecting core business profitability. This is down 82.6 percentage points from the prior year.

Net Margin

-917.5%

YoY-175.8pp

5Y CAGR+27090.0pp

10Y CAGR+5390.3pp

Petvivo Holdings's net profit margin was -917.5% in fiscal year 2026, showing the share of revenue converted to profit. This is down 175.8 percentage points from the prior year.

Return on Equity

-476.2%

YoY-277.1pp

Petvivo Holdings's ROE was -476.2% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is down 277.1 percentage points from the prior year.

Capital Allocation

R&D Spending

$1.4M

YoY-10.6%

5Y CAGR+70.5%

10Y CAGR+23.7%

Petvivo Holdings invested $1.4M in research and development in fiscal year 2026. This represents a decrease of 10.6% from the prior year.

Share Buybacks

N/A

Capital Expenditures

$8K

YoY-87.8%

5Y CAGR-44.0%

Petvivo Holdings invested $8K in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents a decrease of 87.8% from the prior year.

PETVW Income Statement

Metric	FY26	FY25	FY24	FY23	FY22	FY21
Revenue	$1.1M+0.8%	$1.1M+16.9%	$969K+5.6%	$917K+693.5%	$116K+819.0%	$13K
Cost of Revenue	$387K+181.0%	$138K+35.2%	$102K-53.9%	$221K+9.9%	$201K+1780.8%	$11K
Gross Profit	$755K-24.1%	$995K+14.8%	$867K+24.5%	$696K+913.5%	-$86K-4644.2%	$2K
R&D Expenses	$1.4M-10.6%	$1.6M+13.5%	$1.4M+40.0%	$996K+109.8%	$475K+383.4%	$98K
SG&A Expenses	$4.3M-10.2%	$4.8M-27.9%	$6.7M+33.3%	$5.0M+59.5%	$3.1M+78.1%	$1.8M
Operating Income	-$9.1M-12.5%	-$8.1M+24.2%	-$10.6M-21.6%	-$8.7M-72.7%	-$5.1M-158.1%	-$2.0M
Interest Expense	$13K+106.4%	$6K+195.0%	-$6K-140.8%	$16K+60.8%	$10K-95.7%	$229K
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$10.5M-24.7%	-$8.4M+23.3%	-$11.0M-25.7%	-$8.7M-73.8%	-$5.0M-42.4%	-$3.5M
EPS (Diluted)	$-0.38+7.3%	$-0.41+47.4%	$-0.78+8.2%	$-0.85	N/A	N/A

Metric	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Revenue	$255K-11.0%	$286K-5.7%	$303K+1.9%	$298K+32.4%	$225K-61.5%	$583K+190.6%	$201K+62.2%	$124K
Cost of Revenue	$51K-63.6%	$141K+69.9%	$83K-24.9%	$111K+163.6%	$42K-31.7%	$61K+190.6%	$21K+62.9%	$13K
Gross Profit	$203K+40.5%	$145K-34.2%	$220K+17.9%	$187K+2.2%	$183K-65.0%	$522K+190.6%	$180K+62.1%	$111K
R&D Expenses	$490K+51.7%	$323K+23.5%	$261K-23.2%	$341K-5.0%	$359K-3.6%	$372K-20.0%	$465K+20.0%	$388K
SG&A Expenses	$776K-38.1%	$1.3M+1.3%	$1.2M+15.7%	$1.1M-6.1%	$1.1M-3.9%	$1.2M-6.5%	$1.3M+2.7%	$1.2M
Operating Income	-$3.0M-35.2%	-$2.2M-6.1%	-$2.1M-12.0%	-$1.8M+11.3%	-$2.1M-18.3%	-$1.8M+19.1%	-$2.2M-6.3%	-$2.0M
Interest Expense	-$1.1M	$0-100.0%	$942K+673.7%	$122K+20441.0%	$593+28.6%	$461-81.2%	$2K-6.8%	$3K
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$3.0M-35.2%	-$2.2M+27.1%	-$3.0M-30.1%	-$2.3M+4.5%	-$2.4M-37.7%	-$1.8M+19.2%	-$2.2M-6.3%	-$2.0M
EPS (Diluted)	N/A	$-0.07+36.4%	$-0.11-22.2%	$-0.09	N/A	$-0.09+18.2%	$-0.110.0%	$-0.11

PETVW Balance Sheet

Metric	FY26	FY25	FY24	FY23	FY22	FY21
Total Assets	$3.6M-61.7%	$9.3M+199.8%	$3.1M+27.7%	$2.4M-67.2%	$7.4M+789.2%	$835K
Current Assets	$1.9M-66.8%	$5.6M+438.5%	$1.0M-26.8%	$1.4M-78.9%	$6.8M+4490.7%	$147K
Cash & Equivalents	$201K-11.8%	$228K+160.5%	$87K-81.6%	$475K-92.2%	$6.1M+25800.5%	$24K
Inventory	$538K+66.4%	$324K-17.1%	$390K+5.3%	$370K+276.6%	$98K+165.9%	$37K
Accounts Receivable	$101K+66.5%	$61K+224.5%	$19K-78.5%	$87K+3239.3%	$3K	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.4M-73.1%	$5.1M+110.8%	$2.4M+41.7%	$1.7M+19.0%	$1.4M-16.8%	$1.7M
Current Liabilities	$1.4M-68.1%	$4.3M+205.6%	$1.4M-2.8%	$1.5M+23.9%	$1.2M-16.5%	$1.4M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$2.2M-47.9%	$4.2M+515.1%	$686K-5.4%	$725K-87.9%	$6.0M+767.4%	-$897K
Retained Earnings	-$102.1M-11.9%	-$91.2M-10.1%	-$82.8M-15.2%	-$71.8M-13.8%	-$63.1M-8.6%	-$58.1M

Metric	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Total Assets	$3.6M-18.3%	$4.4M-16.8%	$5.3M-23.7%	$6.9M-26.2%	$9.3M+200.1%	$3.1M-2.3%	$3.2M+10.3%	$2.9M
Current Assets	$1.9M+34.5%	$1.4M-34.4%	$2.1M-52.1%	$4.4M-21.5%	$5.6M+357.2%	$1.2M-1.6%	$1.2M+41.6%	$880K
Cash & Equivalents	$201K+1005.4%	$18K-97.6%	$768K-76.8%	$3.3M+1351.0%	$228K+688.1%	$29K-77.1%	$126K+916.9%	$12K
Inventory	$538K-11.1%	$605K+4.7%	$578K+9.2%	$529K+63.6%	$324K-8.4%	$353K-5.1%	$372K-3.0%	$384K
Accounts Receivable	$101K+237.7%	$30K-78.4%	$138K+431.8%	$26K-57.2%	$61K-87.7%	$493K+268.9%	$134K+85.6%	$72K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.4M+38.1%	$997K-7.2%	$1.1M-66.0%	$3.2M-38.3%	$5.1M+34.5%	$3.8M+37.1%	$2.8M+34.9%	$2.1M
Current Liabilities	$1.4M+39.3%	$988K-6.1%	$1.1M-66.2%	$3.1M-27.8%	$4.3M+47.0%	$2.9M+58.0%	$1.9M+70.3%	$1.1M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$2.2M-34.9%	$3.4M-19.2%	$4.2M+12.1%	$3.7M-11.6%	$4.2M+707.3%	-$695K-269.8%	$409K-50.7%	$830K
Retained Earnings	-$102.1M-3.1%	-$99.0M-2.4%	-$96.7M-3.3%	-$93.5M-2.6%	-$91.2M-2.7%	-$88.8M-2.0%	-$87.0M-2.6%	-$84.8M

PETVW Cash Flow Statement

Metric	FY26	FY25	FY24	FY23	FY22	FY21
Operating Cash Flow	-$6.1M-14.8%	-$5.3M+28.3%	-$7.4M-9.2%	-$6.8M-62.7%	-$4.2M-444.2%	-$767K
Capital Expenditures	$8K-87.8%	$63K-79.5%	$309K-27.1%	$424K+175.2%	$154K+9.5%	$141K
Free Cash Flow	-$6.1M-13.5%	-$5.4M+30.3%	-$7.7M-7.1%	-$7.2M-66.7%	-$4.3M-376.8%	-$908K
Investing Cash Flow	$12K+102.1%	-$563K-82.3%	-$309K+27.1%	-$424K-131.4%	-$183K-14.4%	-$160K
Financing Cash Flow	$6.1M+0.7%	$6.0M-17.9%	$7.3M+362.6%	$1.6M-84.8%	$10.4M+1010.4%	$940K
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	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Operating Cash Flow	-$812K+44.6%	-$1.5M+33.2%	-$2.2M-34.3%	-$1.6M-32.8%	-$1.2M-28.0%	-$961K+39.9%	-$1.6M-4.6%	-$1.5M
Capital Expenditures	$0+100.0%	-$5K	N/A	N/A	$21K-10.3%	$24K+591.0%	$3K-77.5%	$15K
Free Cash Flow	-$812K+44.8%	-$1.5M	N/A	N/A	-$1.3M-27.0%	-$985K+38.6%	-$1.6M-3.8%	-$1.5M
Investing Cash Flow	$0-100.0%	$5K	N/A	N/A	-$521K-2105.5%	-$24K-591.0%	-$3K+77.5%	-$15K
Financing Cash Flow	$995K+39.8%	$712K+304.5%	-$348K-107.4%	$4.7M+141.5%	$1.9M+119.7%	$888K-48.3%	$1.7M+16.8%	$1.5M
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

PETVW Financial Ratios

Metric	FY26	FY25	FY24	FY23	FY22	FY21
Gross Margin	66.1%-21.7pp	87.8%-1.7pp	89.5%+13.6pp	75.9%+149.9pp	-74.0%-89.0pp	15.0%
Operating Margin	-793.9%-82.6pp	-711.3%+385.1pp	-1096.4%-144.2pp	-952.2%+3422.5pp	-4374.7%+11200.0pp	-15574.7%
Net Margin	-917.5%-175.8pp	-741.6%+389.3pp	-1130.9%-180.4pp	-950.5%+3388.3pp	-4338.8%+23668.7pp	-28007.5%
Return on Equity	-476.2%-277.1pp	-199.1%+1398.0pp	-1597.1%-394.7pp	-1202.4%-1118.6pp	-83.8%	N/A
Return on Assets	-292.8%-202.9pp	-89.9%+261.7pp	-351.7%+5.8pp	-357.4%-289.9pp	-67.5%+354.2pp	-421.8%
Current Ratio	1.35+0.1	1.30+0.6	0.74-0.2	0.98-4.8	5.76+5.7	0.10
Debt-to-Equity	0.63-0.6	1.21-2.3	3.54+1.2	2.36+2.1	0.24+2.2	-1.93
FCF Margin	-535.6%-60.1pp	-475.5%+322.3pp	-797.8%-10.8pp	-787.0%+2958.2pp	-3745.3%+3472.5pp	-7217.8%

Metric	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Gross Margin	79.8%+29.2pp	50.6%-22.0pp	72.6%+9.8pp	62.8%-18.5pp	81.3%-8.2pp	89.5%0.0pp	89.5%-0.0pp	89.5%
Operating Margin	-1162.8%-396.8pp	-766.0%-85.0pp	-681.0%-61.1pp	-619.9%+305.5pp	-925.4%-624.0pp	-301.4%+781.2pp	-1082.6%+569.4pp	-1652.0%
Net Margin	-1163.4%-397.5pp	-766.0%+225.8pp	-991.8%-214.9pp	-776.8%+299.8pp	-1076.6%-775.4pp	-301.2%+782.6pp	-1083.8%+570.3pp	-1654.2%
Return on Equity	-134.7%-69.9pp	-64.9%+7.1pp	-71.9%-10.0pp	-61.9%-4.6pp	-57.3%	N/A	-531.7%-284.9pp	-246.8%
Return on Assets	-82.8%-32.8pp	-50.1%+7.1pp	-57.2%-23.7pp	-33.5%-7.6pp	-25.9%+30.5pp	-56.5%+11.8pp	-68.3%+2.6pp	-70.9%
Current Ratio	1.35-0.0	1.40-0.6	2.00+0.6	1.41+0.1	1.30+0.9	0.42-0.3	0.67-0.1	0.81
Debt-to-Equity	0.63+0.3	0.30+0.0	0.26-0.6	0.85-0.4	1.21+6.7	-5.48-12.3	6.79+4.3	2.48
FCF Margin	-318.9%+195.5pp	-514.4%	N/A	N/A	-556.7%-387.9pp	-168.8%+630.1pp	-799.0%+450.0pp	-1249.0%

Similar Companies

Petvivo Hldgs Inc PETV

$26.3M

$121K

$4.5M

$29.0M

$14.6M

Frequently Asked Questions

What is Petvivo Holdings's annual revenue?

Petvivo Holdings (PETVW) reported $1.1M in total revenue for fiscal year 2026. This represents a 0.8% 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 Petvivo Holdings's revenue growing?

Petvivo Holdings (PETVW) revenue grew by 0.8% year-over-year, from $1.1M to $1.1M in fiscal year 2026.

Is Petvivo Holdings profitable?

No, Petvivo Holdings (PETVW) reported a net income of -$10.5M in fiscal year 2026, with a net profit margin of -917.5%.

What is Petvivo Holdings's EBITDA?

Petvivo Holdings (PETVW) had EBITDA of -$8.6M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

What is Petvivo Holdings's gross margin?

Petvivo Holdings (PETVW) had a gross margin of 66.1% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.

What is Petvivo Holdings's operating margin?

Petvivo Holdings (PETVW) had an operating margin of -793.9% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.

What is Petvivo Holdings's net profit margin?

Petvivo Holdings (PETVW) had a net profit margin of -917.5% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

What is Petvivo Holdings's return on equity (ROE)?

Petvivo Holdings (PETVW) has a return on equity of -476.2% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.

What is Petvivo Holdings's free cash flow?

Petvivo Holdings (PETVW) generated -$6.1M in free cash flow during fiscal year 2026. This represents a -13.5% 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 Petvivo Holdings's operating cash flow?

Petvivo Holdings (PETVW) generated -$6.1M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

What are Petvivo Holdings's total assets?

Petvivo Holdings (PETVW) had $3.6M in total assets as of fiscal year 2026, including both current and long-term assets.

What are Petvivo Holdings's capital expenditures?

Petvivo Holdings (PETVW) invested $8K in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

How much does Petvivo Holdings spend on research and development?

Petvivo Holdings (PETVW) invested $1.4M in research and development during fiscal year 2026.

How many shares does Petvivo Holdings have outstanding?

Petvivo Holdings (PETVW) had 35M shares outstanding as of fiscal year 2026.

What is Petvivo Holdings's current ratio?

Petvivo Holdings (PETVW) had a current ratio of 1.35 as of fiscal year 2026, which is considered adequate.

What is Petvivo Holdings's debt-to-equity ratio?

Petvivo Holdings (PETVW) had a debt-to-equity ratio of 0.63 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Petvivo Holdings's return on assets (ROA)?

Petvivo Holdings (PETVW) had a return on assets of -292.8% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

What is Petvivo Holdings's cash runway?

Based on fiscal year 2026 data, Petvivo Holdings (PETVW) had $201K in cash against an annual operating cash burn of $6.1M. This gives an estimated cash runway of approximately 0 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 Petvivo Holdings's Piotroski F-Score?

Petvivo Holdings (PETVW) 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 Petvivo Holdings's earnings high quality?

Petvivo Holdings (PETVW) has an earnings quality ratio of 0.58x, 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 Petvivo Holdings cover its interest payments?

Petvivo Holdings (PETVW) has an interest coverage ratio of -715.5x, 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.