What is Reborn Coffee's earnings per share (EPS)?

Reborn Coffee (REBN) reported diluted earnings per share of $-1.73 for fiscal year 2025. This represents a -4.2% 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.

Reborn Coffee Financials

REBN

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE December

This page shows Reborn Coffee (REBN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 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 REBN FY2025 2026-05-22

Reborn Coffee sells a very high-gross-margin offering, but the business still runs on overhead absorption and external financing rather than self-funded growth.

By FY2025, revenue reached $8.1M while operating margin improved to -71.6% from a weaker FY2023 level, even though gross margin fell; that pattern points to better fixed-cost absorption, not stronger unit economics. Yet operating cash flow was still -$6.5M and financing inflows were $11.9M, so the improved margin shape still depended on outside capital.

With gross margin still at 92.0% in FY2025, the business is not being squeezed at the product-cost line. SG&A of $7.8M absorbed nearly the whole gross profit pool, which means profitability depends more on overhead discipline and store-level scale than on supplier economics.

The balance sheet looks less debt-driven than the losses suggest: long-term debt was only $500K. But the current ratio recovered to 1.0x mainly because financing cash flow was $11.9M, not because free cash flow turned positive.

Financial Health Signals

Financial Profile 31/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Reborn Coffee'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.

Profitability

Reborn Coffee has an operating margin of -71.6%, meaning the company retains $-72 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is up from -77.9% the prior year.

Growth

Reborn Coffee's revenue surged 36.5% year-over-year to $8.1M, reflecting rapid business expansion. This strong growth earns a score of 69/100.

Leverage

100

Reborn Coffee carries a low D/E ratio of 0.11, meaning only $0.11 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Reborn Coffee's current ratio of 1.03 is below the typical benchmark, resulting in a score of 16/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

While Reborn Coffee generated -$6.5M in operating cash flow, capex of $51K consumed most of it, leaving -$6.6M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.

Returns

Reborn Coffee generates a -196.8% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from -184.7% the prior year.

Piotroski F-Score Weak

3/9

Reborn Coffee passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Low Quality

0.71x

For every $1 of reported earnings, Reborn Coffee generates $0.71 in operating cash flow (-$6.5M OCF vs -$9.1M 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

-37.1x

Reborn Coffee earns $-37.1 in operating income for every $1 of interest expense (-$5.8M vs $156K). 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

$8.1M

YoY+36.5%

Reborn Coffee generated $8.1M in revenue in fiscal year 2025. This represents an increase of 36.5% from the prior year.

EBITDA

-$5.3M

YoY-26.4%

Reborn Coffee's EBITDA was -$5.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 26.4% from the prior year.

Net Income

-$9.1M

YoY-90.2%

Reborn Coffee reported -$9.1M in net income in fiscal year 2025. This represents a decrease of 90.2% from the prior year.

EPS (Diluted)

$-1.73

YoY-4.2%

Reborn Coffee earned $-1.73 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 4.2% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$6.6M

YoY-43.7%

Reborn Coffee generated -$6.6M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 43.7% from the prior year.

Cash & Debt

$2.6M

YoY+1540.0%

5Y CAGR+95.7%

Reborn Coffee held $2.6M in cash against $500K in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

YoY+62.7%

Reborn Coffee had 6M shares outstanding in fiscal year 2025. This represents an increase of 62.7% from the prior year.

Margins & Returns

Gross Margin

92.0%

YoY-5.6pp

Reborn Coffee's gross margin was 92.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 5.6 percentage points from the prior year.

Operating Margin

-71.6%

YoY+6.3pp

Reborn Coffee's operating margin was -71.6% in fiscal year 2025, reflecting core business profitability. This is up 6.3 percentage points from the prior year.

Net Margin

-112.9%

YoY-31.9pp

Reborn Coffee's net profit margin was -112.9% in fiscal year 2025, showing the share of revenue converted to profit. This is down 31.9 percentage points from the prior year.

Return on Equity

-196.8%

YoY-12.1pp

5Y CAGR-166.3pp

Reborn Coffee's ROE was -196.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 12.1 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$51K

YoY-95.4%

Reborn Coffee invested $51K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 95.4% from the prior year.

REBN Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY17
Revenue	$8.1M+36.5%	$5.9M+7.6%	$5.5M+70.0%	$3.2M+42.1%	$2.3M	N/A
Cost of Revenue	$650K+357.6%	$142K+34.4%	$106K+330.7%	$25K-26.1%	$33K	N/A
Gross Profit	$7.4M+28.7%	$5.8M+7.1%	$5.4M+68.0%	$3.2M+43.1%	$2.2M	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$7.8M+13.0%	$6.9M-15.9%	$8.2M+44.1%	$5.7M+42.0%	$4.0M+19959.4%	$20K
Operating Income	-$5.8M-25.4%	-$4.6M-1.7%	-$4.5M-28.3%	-$3.5M-38.1%	-$2.6M-9873.8%	$26K
Interest Expense	$156K-27.4%	$215K+66.2%	$129K+343.5%	$29K+80.5%	$16K	N/A
Income Tax	$109K+13559.9%	$800-89.8%	$8K+389.3%	$2K+100.0%	$800	N/A
Net Income	-$9.1M-90.2%	-$4.8M-1.7%	-$4.7M-32.9%	-$3.6M-3.3%	-$3.4M-13016.3%	-$26K
EPS (Diluted)	$-1.73-4.2%	$-1.66+42.0%	$-2.86	$-0.29+9.4%	$-0.32	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$5.2M+62.4%	$3.2M+136.6%	$1.4M-26.1%	$1.8M+8.4%	$1.7M-4.8%	$1.8M+41.3%	$1.3M-8.3%	$1.4M
Cost of Revenue	$2.6M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	$2.6M	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	$2.4M+105.7%	$1.2M-46.9%	$2.2M-9.3%	$2.5M+31.1%	$1.9M+21.9%	$1.5M+14.5%	$1.3M-32.1%	$2.0M
Operating Income	-$873K-126.0%	$3.4M+210.2%	-$3.0M+30.9%	-$4.4M-159.7%	-$1.7M-0.2%	-$1.7M-133.7%	-$725K+45.8%	-$1.3M
Interest Expense	$22K+101.9%	-$1.1M-300.9%	$567K-15.3%	$670K+1038.3%	$59K-9.9%	$65K+769.1%	$8K-0.2%	$8K
Income Tax	N/A	N/A	N/A	$2K+239.6%	$707	N/A	$800	N/A
Net Income	-$1.8M-199.3%	$1.8M+153.3%	-$3.4M+35.4%	-$5.3M-143.7%	-$2.2M-23.2%	-$1.8M-147.2%	-$720K+45.3%	-$1.3M
EPS (Diluted)	N/A	N/A	$-0.68+40.9%	$-1.15-144.7%	$-0.47	N/A	$-0.30+37.5%	$-0.48

REBN Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY17
Total Assets	$13.2M+69.2%	$7.8M-15.8%	$9.3M+9.4%	$8.5M+77.5%	$4.8M+5175.1%	$90K
Current Assets	$6.9M+697.3%	$863K+12.7%	$765K-78.9%	$3.6M+206.1%	$1.2M	N/A
Cash & Equivalents	$2.6M+1540.0%	$158K-3.7%	$164K-94.6%	$3.0M+233.6%	$905K+902.2%	$90K
Inventory	$58K-65.5%	$170K-8.3%	$185K+39.8%	$132K+48.9%	$89K	N/A
Accounts Receivable	$947K+1306.9%	$67K+18.2%	$57K+7199.7%	$780	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$8.5M+64.6%	$5.2M-38.3%	$8.4M+101.5%	$4.2M+17.0%	$3.6M+86708.7%	$4K
Current Liabilities	$6.7M+140.2%	$2.8M-27.2%	$3.8M+258.7%	$1.1M+16.7%	$913K+22141.7%	$4K
Long-Term Debt	$500K0.0%	$500K0.0%	$500K	N/A	N/A	N/A
Total Equity	$4.6M+78.5%	$2.6M+207.5%	$846K-80.3%	$4.3M+257.7%	$1.2M+1290.2%	$86K
Retained Earnings	-$30.7M-42.4%	-$21.6M-28.7%	-$16.8M-39.3%	-$12.0M-41.9%	-$8.5M-31232.1%	-$27K

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$14.2M+7.4%	$13.2M+112.7%	$6.2M-2.8%	$6.4M-20.9%	$8.1M+3.5%	$7.8M-19.2%	$9.6M-8.4%	$10.5M
Current Assets	$7.8M+13.7%	$6.9M+931.2%	$667K-24.8%	$887K-43.1%	$1.6M+80.5%	$863K-37.0%	$1.4M-17.4%	$1.7M
Cash & Equivalents	$266K-89.7%	$2.6M+5791.1%	$44K-43.4%	$78K-90.0%	$777K+391.2%	$158K+49.5%	$106K-82.8%	$617K
Inventory	$119K+104.0%	$58K-70.9%	$201K0.0%	$201K-1.2%	$203K+19.7%	$170K-32.6%	$252K-6.1%	$268K
Accounts Receivable	$1.2M+28.7%	$947K+542.2%	$147K+116.5%	$68K-1.7%	$69K+2.9%	$67K-12.4%	$77K+14.3%	$67K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$10.7M+25.4%	$8.5M-11.3%	$9.6M+16.1%	$8.3M+8.3%	$7.6M+47.5%	$5.2M-25.6%	$7.0M-12.7%	$8.0M
Current Liabilities	$8.8M+31.8%	$6.7M-15.9%	$8.0M+23.1%	$6.5M+15.1%	$5.6M+101.7%	$2.8M-16.2%	$3.3M-10.5%	$3.7M
Long-Term Debt	$500K0.0%	$500K0.0%	$500K0.0%	$500K0.0%	$500K0.0%	$500K0.0%	$500K0.0%	$500K
Total Equity	$3.4M-25.8%	$4.6M+235.8%	-$3.4M-79.6%	-$1.9M-558.4%	$416K-84.0%	$2.6M-2.4%	$2.7M+4.9%	$2.5M
Retained Earnings	-$32.5M-6.0%	-$30.7M+5.7%	-$32.5M-11.9%	-$29.1M-22.5%	-$23.8M-10.2%	-$21.6M-9.0%	-$19.8M-3.8%	-$19.1M

REBN Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY17
Operating Cash Flow	-$6.5M-88.4%	-$3.5M-8.6%	-$3.2M+3.6%	-$3.3M-69.1%	-$1.9M-9957.4%	-$19K
Capital Expenditures	$51K-95.4%	$1.1M-54.0%	$2.4M+254.1%	$682K+95.7%	$348K	N/A
Free Cash Flow	-$6.6M-43.7%	-$4.6M+18.4%	-$5.6M-40.6%	-$4.0M-73.1%	-$2.3M	N/A
Investing Cash Flow	-$3.0M-204.6%	-$977K+59.5%	-$2.4M-254.1%	-$682K-36.8%	-$498K	N/A
Financing Cash Flow	$11.9M+169.4%	$4.4M+61.6%	$2.7M-55.1%	$6.1M+88.9%	$3.2M+2839.7%	$110K
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	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	$362K+121.2%	-$1.7M-5.5%	-$1.6M+55.4%	-$3.6M-883.0%	$465K+450.5%	-$133K+68.7%	-$424K+55.9%	-$962K
Capital Expenditures	$139K+503.9%	-$34K	$0	N/A	N/A	$468K+46831600.0%	-$1+100.0%	-$346K
Free Cash Flow	$224K+112.8%	-$1.7M-7.6%	-$1.6M	N/A	N/A	-$601K-41.7%	-$424K+67.6%	-$1.3M
Investing Cash Flow	-$3.3M-3.6%	-$3.2M	$0-100.0%	$188K+9303.6%	$2K+100.6%	-$336K-33615900.0%	$1-100.0%	$346K
Financing Cash Flow	$588K-92.1%	$7.4M+367.8%	$1.6M-42.3%	$2.8M+1706.4%	$152K-70.8%	$521K+697.3%	-$87K-107.5%	$1.2M
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

REBN Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY17
Gross Margin	92.0%-5.6pp	97.6%-0.5pp	98.1%-1.2pp	99.2%+0.7pp	98.5%	N/A
Operating Margin	-71.6%+6.3pp	-77.9%+4.5pp	-82.5%+26.8pp	-109.3%+3.2pp	-112.4%	N/A
Net Margin	-112.9%-31.9pp	-81.1%+4.7pp	-85.8%+23.9pp	-109.7%+41.2pp	-150.9%	N/A
Return on Equity	-196.8%-12.1pp	-184.7%+373.6pp	-558.3%-475.3pp	-82.9%+204.2pp	-287.1%-256.7pp	-30.4%
Return on Assets	-69.3%-7.7pp	-61.7%-10.6pp	-51.1%-9.0pp	-42.0%+30.2pp	-72.2%-43.2pp	-29.0%
Current Ratio	1.03+0.7	0.31+0.1	0.20-3.2	3.40+2.1	1.30	N/A
Debt-to-Equity	0.11-0.1	0.19-0.4	0.59-0.4	0.97-2.0	2.98+2.9	0.05
FCF Margin	-81.0%-4.1pp	-76.9%+24.6pp	-101.5%+21.2pp	-122.8%-22.0pp	-100.8%	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	50.3%	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	-16.8%-121.4pp	104.7%+329.3pp	-224.7%+15.6pp	-240.2%-140.0pp	-100.2%-5.0pp	-95.2%-37.7pp	-57.6%+39.9pp	-97.4%
Net Margin	-35.1%-92.4pp	57.3%+311.6pp	-254.3%+36.8pp	-291.0%-161.6pp	-129.4%-29.4pp	-100.0%-42.9pp	-57.2%+38.7pp	-95.9%
Return on Equity	-53.0%-92.7pp	39.6%	N/A	N/A	-527.3%-458.9pp	-68.4%-41.4pp	-27.0%+24.8pp	-51.8%
Return on Assets	-12.9%-26.9pp	14.0%+69.6pp	-55.7%+28.0pp	-83.7%-56.5pp	-27.2%-4.3pp	-22.8%-15.4pp	-7.5%+5.0pp	-12.5%
Current Ratio	0.89-0.1	1.03+0.9	0.08-0.1	0.14-0.1	0.28-0.0	0.31-0.1	0.41-0.0	0.45
Debt-to-Equity	0.15+0.0	0.11+0.3	-0.15+0.1	-0.26-1.5	1.20+1.0	0.190.0	0.190.0	0.20
FCF Margin	4.3%+58.7pp	-54.4%+65.2pp	-119.5%	N/A	N/A	-33.8%-0.1pp	-33.7%+61.6pp	-95.3%

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Frequently Asked Questions

What is Reborn Coffee's annual revenue?

Reborn Coffee (REBN) reported $8.1M in total revenue for fiscal year 2025. This represents a 36.5% 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 Reborn Coffee's revenue growing?

Reborn Coffee (REBN) revenue grew by 36.5% year-over-year, from $5.9M to $8.1M in fiscal year 2025.

Is Reborn Coffee profitable?

No, Reborn Coffee (REBN) reported a net income of -$9.1M in fiscal year 2025, with a net profit margin of -112.9%.

What is Reborn Coffee's EBITDA?

Reborn Coffee (REBN) had EBITDA of -$5.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Reborn Coffee have?

As of fiscal year 2025, Reborn Coffee (REBN) had $2.6M in cash and equivalents against $500K in long-term debt.

What is Reborn Coffee's gross margin?

Reborn Coffee (REBN) had a gross margin of 92.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Reborn Coffee's operating margin?

Reborn Coffee (REBN) had an operating margin of -71.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Reborn Coffee's net profit margin?

Reborn Coffee (REBN) had a net profit margin of -112.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Reborn Coffee's return on equity (ROE)?

Reborn Coffee (REBN) has a return on equity of -196.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Reborn Coffee's free cash flow?

Reborn Coffee (REBN) generated -$6.6M in free cash flow during fiscal year 2025. This represents a -43.7% 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 Reborn Coffee's operating cash flow?

Reborn Coffee (REBN) generated -$6.5M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Reborn Coffee's total assets?

Reborn Coffee (REBN) had $13.2M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Reborn Coffee's capital expenditures?

Reborn Coffee (REBN) invested $51K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Reborn Coffee have outstanding?

Reborn Coffee (REBN) had 6M shares outstanding as of fiscal year 2025.

What is Reborn Coffee's current ratio?

Reborn Coffee (REBN) had a current ratio of 1.03 as of fiscal year 2025, which is considered adequate.

What is Reborn Coffee's debt-to-equity ratio?

Reborn Coffee (REBN) had a debt-to-equity ratio of 0.11 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Reborn Coffee's return on assets (ROA)?

Reborn Coffee (REBN) had a return on assets of -69.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Reborn Coffee's cash runway?

Based on fiscal year 2025 data, Reborn Coffee (REBN) had $2.6M in cash against an annual operating cash burn of $6.5M. This gives an estimated cash runway of approximately 5 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 Reborn Coffee's Piotroski F-Score?

Reborn Coffee (REBN) 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Reborn Coffee's earnings high quality?

Reborn Coffee (REBN) has an earnings quality ratio of 0.71x, 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 Reborn Coffee cover its interest payments?

Reborn Coffee (REBN) has an interest coverage ratio of -37.1x, 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.

How financially healthy is Reborn Coffee?

Reborn Coffee (REBN) scores 31 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.