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Riskified Ltd. (RSKD) Financials

RSKD
FY2025 annual
Revenue $344.6M +5.2% YoY
Net Income -$27.6M +21.1% YoY
Free Cash Flow $33.1M -15.3% YoY
Operating Cash Flow $33.9M -14.7% YoY
Market Cap $1.0B as of Oct 6, 2026
Price / Sales 3.0x on $344.6M revenue, FY2025
Price / Earnings n/m net loss, so no earnings multiple, FY2025
Price / Book 3.5x on $294.8M equity, Q4 FY2025

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 6, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period FY2025, ended Dec 31, 2025 Reported Currency USD FYE December

Newest figures come from the 20-F for FY2025, filed Mar 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the RSKD SEC filings page.

Riskified Ltd. (RSKD) reported $344.6M in revenue for fiscal year 2025, up 5.2% from the prior fiscal year. This page shows its 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 RSKD FY2025

Riskified remains loss-making in accounting terms, but cost discipline has turned steady growth into positive operating cash generation.

Across FY2023-FY2025, revenue grew while gross margin held near 52%, but the operating-margin deficit narrowed; that pattern points more to cost control than a major pricing or mix change. Meanwhile, FY2025 operating cash flow of $33.9M exceeded the $27.6M net loss in absolute terms, showing cash generation improved before accounting profitability arrived.

FY2025 gross margin was 51.7% while revenue reached $344.6M, so the model’s improvement is not explained by a richer gross margin alone. SG&A fell to $59.6M from FY2024’s $64.3M, supporting operating-cost discipline rather than a claim of pricing power.

Assets fell by $85.3M from FY2024 to FY2025 while liabilities stayed broadly stable, leaving the balance sheet centered on a smaller asset base. The FY2025 $106.2M share buyback helps explain why equity contracted alongside assets, while the 5.0x current ratio still indicates substantial reported short-term coverage.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity CashFlow Returns 56 / 100
Financial Health Score 56/100

Scored against operating companies for FY2025. 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 Riskified Ltd.'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
26

Riskified Ltd. has an operating margin of -9.9%, meaning the company loses $10 on every $100 of revenue. This results in a profitability score of 26/100. This is up from -14.6% the prior year.

Growth
59

Riskified Ltd.'s revenue grew 5.2% year-over-year to $344.6M, a solid pace of expansion. This earns a growth score of 59/100.

Leverage
65

Riskified Ltd. carries a low D/E ratio of 0.39, meaning only $0.39 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 65/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
92

With a current ratio of 5.03, Riskified Ltd. holds $5.03 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 92/100.

Cash Flow
62

Riskified Ltd. has a free cash flow margin of 9.6%, earning a moderate score of 62/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns
33

Riskified Ltd. posts a -9.3% return on equity (ROE), meaning it loses $9 for every $100 of shareholders' equity. This results in a returns score of 33/100. This is down from -9.1% the prior year.

Altman Z-Score Safe
5.11

Riskified Ltd. scores 5.11, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($1.0B) relative to total liabilities ($115.8M). 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.

Piotroski F-Score Partial
4/7

Riskified Ltd. passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.

Earnings Quality Mixed
N/A

Riskified Ltd. reported a net loss of $27.6M while generating $33.9M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Key Financial Metrics

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Earnings & Revenue

None of these metrics is reported for Q4 2025.

Cash & Balance Sheet

Cash & Debt
$162.2M
YoY-56.3%
QoQ-56.3%

Riskified Ltd. held $162.2M in cash as of Q4 2025; long-term debt is not reported for that period.

Free Cash Flow

Not reported for Q4 2025.

Dividends Per Share

Not reported for Q4 2025.

Shares Outstanding

Not reported for Q4 2025.

Margins & Returns

None of these metrics is reported for Q4 2025.

Capital Allocation

None of these metrics is reported for Q4 2025.

RSKD 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.

RSKD quarterly income statement
MetricQ4'2520-FQ4'2420-FQ4'2310-KQ4'2210-KQ4'2110-KQ4'2010-K

Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).

RSKD 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.

RSKD quarterly balance sheet
MetricQ4'2520-FQ4'2420-FQ4'2310-KQ4'2210-KQ4'2110-KQ4'2010-K
Total Assets$410.6M-17.2%$495.9M-17.6%$601.9M-0.8%$607.0M+1.1%$600.6M+232.6%$180.6M
Current Assets$355.9M-17.9%$433.7M-18.5%$532.3M+0.4%$529.9M-6.2%$565.1M+245.6%$163.5M
Cash & Equivalents$162.2M-56.3%$371.1M-15.8%$440.8M+133.7%$188.7M-54.9%$418.1M+303.6%$103.6M
Short-Term Investments$130.4M$0-100.0%$29.0M$0$0$0
Accounts Receivable$48.5M+1.4%$47.8M+2.0%$46.9M+24.9%$37.5M+5.8%$35.5M-4.6%$37.2M
Long-Term Investments$0$0$0$0$0$0
Total Liabilities$115.8M+2.0%$113.6M+3.0%$110.2M-2.1%$112.5M+56.8%$71.8M-68.0%$224.6M
Current Liabilities$70.7M+0.3%$70.5M+1.0%$69.8M-3.9%$72.6M+16.3%$62.4M+20.2%$51.9M
Non-Current Liabilities$45.1M+4.8%$43.0M+6.5%$40.4M+1.2%$39.9M+326.7%$9.4M-94.6%$172.7M
Total Equity$294.8M-22.9%$382.3M-22.3%$491.7M-0.5%$494.4M-6.3%$527.6M+1298.3%-$44.0M
Retained Earnings-$474.1M-6.2%-$446.5M-8.5%-$411.6M-16.7%-$352.5M-42.2%-$247.8M-266.2%-$67.7M

Not reported in any period shown, so not listed: Inventory, Goodwill, Long-Term Debt.

RSKD 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.

RSKD quarterly cash flow statement
MetricQ4'2520-FQ4'2420-FQ4'2310-KQ4'2210-KQ4'2110-KQ4'2010-K

Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.

RSKD 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.

RSKD quarterly financial ratios
MetricQ4'2520-FQ4'2420-FQ4'2310-KQ4'2210-KQ4'2110-KQ4'2010-K
Current Ratio5.03-1.1x6.15-1.5x7.62+0.3x7.30-1.8x9.05+5.9x3.15
Debt-to-Equity0.39+0.1x0.30+0.1x0.220.0x0.23+0.1x0.14N/A

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.

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
Riskified Ltd. RSKD FY2025 $344.6M -$27.6M -8.0% $1.0B 56/100
PDF Solutions Inc PDFS FY2025 $219.0M -$600K -0.3% $2.4B 43/100
Pros Holdings, Inc. PRO FY2024 $330.4M -$20.5M -6.2% $1.1B 32/100
Similarweb Ltd. SMWB FY2025 $282.6M -$32.9M -11.7% $713.0M 30/100
VTEX VTEX FY2025 $240.5M $20.0M 8.3% $626.6M 58/100
Ibotta, Inc. IBTA FY2025 $342.4M $3.6M 1.1% $833.1M 64/100

Frequently Asked Questions

What is Riskified Ltd.'s annual revenue?

Riskified Ltd. (RSKD) reported $344.6M in total revenue for fiscal year 2025. This represents a 5.2% 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 Riskified Ltd.'s revenue growing?

Riskified Ltd. (RSKD) revenue grew by 5.2% year-over-year, from $327.5M to $344.6M in fiscal year 2025.

Is Riskified Ltd. profitable?

No, Riskified Ltd. (RSKD) reported a net income of -$27.6M in fiscal year 2025, with a net profit margin of -8.0%.

Riskified Ltd. (RSKD) had EBITDA of -$31.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

Riskified Ltd. (RSKD) had a gross margin of 51.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Riskified Ltd. (RSKD) had an operating margin of -9.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Riskified Ltd. (RSKD) had a net profit margin of -8.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Riskified Ltd. (RSKD) has a return on equity of -9.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Riskified Ltd. (RSKD) generated $33.1M in free cash flow during fiscal year 2025. This represents a -15.3% 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.

Riskified Ltd. (RSKD) generated $33.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Riskified Ltd. (RSKD) had $410.6M in total assets as of fiscal year 2025, including both current and long-term assets.

Riskified Ltd. (RSKD) invested $810K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Riskified Ltd. (RSKD) invested $69.4M in research and development during fiscal year 2025.

Yes, Riskified Ltd. (RSKD) spent $106.2M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Riskified Ltd. (RSKD) had a current ratio of 5.03 as of fiscal year 2025, which is generally considered healthy.

Riskified Ltd. (RSKD) had a debt-to-equity ratio of 0.39 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Riskified Ltd. (RSKD) had a return on assets of -6.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Riskified Ltd. (RSKD) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $1.0B as of Oct 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Riskified Ltd. (RSKD) trades at 3.0x sales, its market capitalization divided by revenue of $344.6M revenue, FY2025. The market capitalization is $1.0B as of Oct 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Riskified Ltd. (RSKD) has an Altman Z-Score of 5.11, 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.

Riskified Ltd. (RSKD) has a Piotroski F-Score of 4 out of 7 computable signals; 2 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.

Riskified Ltd. (RSKD) reported a net loss of $27.6M while generating $33.9M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, 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.

Riskified Ltd. (RSKD) scores 56 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), 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.

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