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 5, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 19, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SBIG SEC filings page.
SPRINGBIG HLDGS INC (SBIG) reported $22.8M in revenue for fiscal year 2025, down 7.4% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 6 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).
High gross margins coexist with shrinking sales, recurring losses, and a heavily negative balance sheet that limits short-term financial flexibility.
Cash conversion improved in FY2025: operating cash flow moved from-$953K in FY2024 to$361K even as net income remained negative, showing accounting losses no longer mapped directly to cash consumption. That improvement coexisted with liabilities of$17.1M against assets of$4.6M , so better cash generation has not repaired the balance sheet.
Margin improvement was cost-led, not volume-led: gross margin fell from
Nearly all 2025 operating cash flow remained after capital spending: free cash flow was
Financial Health Signals
SPRINGBIG HLDGS 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.
SPRINGBIG HLDGS INC scores -9.79, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($834K) relative to total liabilities ($17.1M). 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.
SPRINGBIG HLDGS INC passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
SPRINGBIG HLDGS INC reported a net loss of $3.2M while generating $361K 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.
SPRINGBIG HLDGS INC reported an operating loss of $1.7M 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
SPRINGBIG HLDGS INC generated $4.4M in revenue in Q2 2026. This represents a decrease of 24.1% from the same quarter a year earlier. Against the prior quarter it is down 18.6%.
SPRINGBIG HLDGS INC's EBITDA was -$14K in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 98.0% from the same quarter a year earlier. Against the prior quarter it is up 89.6%.
SPRINGBIG HLDGS INC reported -$2.4M in net income in Q2 2026. This represents a decrease of 106.2% from the same quarter a year earlier. Against the prior quarter it is down 376.3%.
SPRINGBIG HLDGS INC earned -$0.05 per diluted share (EPS) in Q2 2026. This represents a decrease of 150.0% from the same quarter a year earlier. Against the prior quarter it is down 400.0%.
Cash & Balance Sheet
SPRINGBIG HLDGS INC held $300K in cash against $9.8M in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
SPRINGBIG HLDGS INC's gross margin was 64.6% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 9.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.3 percentage points.
SPRINGBIG HLDGS INC's operating margin was -0.4% in Q2 2026, reflecting core business profitability. This is up 12.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.1 percentage points.
SPRINGBIG HLDGS INC's net profit margin was -53.1% in Q2 2026, showing the share of revenue converted to profit. This is down 33.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 44.1 percentage points.
Not reported for Q2 2026.
Capital Allocation
SPRINGBIG HLDGS INC invested $972K in research and development in Q2 2026. This represents a decrease of 21.2% from the same quarter a year earlier. Against the prior quarter it is down 20.9%.
Not reported for Q2 2026.
Not reported for Q2 2026.
SBIG 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 | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.4M-24.1% | $5.4M-1.3% | $5.6M-1.4% | $5.9M-4.4% | $5.8M-9.1% | $5.5M-13.8% | $5.7M-16.3% | $6.1M-10.8% |
| Cost of Revenue | $1.6M+4.6% | $1.9M+54.1% | $2.4M+60.4% | $1.7M+1.2% | $1.5M-13.1% | $1.2M-29.7% | $1.5M-25.5% | $1.7M+6.5% |
| Gross Profit | $2.9M-34.0% | $3.6M-16.8% | $3.2M-23.6% | $4.1M-6.6% | $4.3M-7.6% | $4.3M-7.9% | $4.2M-12.3% | $4.4M-16.1% |
| R&D Expenses | $972K-21.2% | $1.2M-3.3% | $1.2M-12.5% | $1.1M-32.9% | $1.2M-2.9% | $1.3M-23.7% | $1.3M | $1.6M-14.2% |
| SG&A Expenses | $1.1M-58.2% | $1.8M-24.1% | $2.3M+12.9% | $1.6M-7.3% | $2.7M+13.9% | $2.4M+36.1% | $2.1M-39.1% | $1.8M-58.0% |
| Operating Income | -$19K+97.4% | -$139K+67.4% | -$1.1M-425.9% | $563K+1351.1% | -$726K-1173.7% | -$427K-51.4% | -$216K+89.9% | -$45K+98.3% |
| EBITDA | -$14K+98.0% | -$134K+66.0% | -$1.1M-542.5% | $590K+19766.7% | -$697K-6870.0% | -$394K-72.8% | -$179K+91.5% | -$3K+99.9% |
| Interest Expense | $2.3M+638.2% | $355K+9.6% | $346K+44.8% | $337K-38.7% | $317K-41.7% | $324K-63.0% | $239K-78.9% | $550K+37.5% |
| Net Income | -$2.4M-106.2% | -$494K+34.2% | -$1.6M-44.1% | $219K+139.5% | -$1.1M-76.4% | -$751K-280.1% | -$1.1M+65.9% | -$554K+79.8% |
| EPS (Basic) | -$0.05-150.0% | -$0.01+50.0% | -$0.03-50.0% | $0.00+100.0% | -$0.02-100.0% | -$0.02-300.0% | -$0.02+71.4% | -$0.01+85.7% |
| EPS (Diluted) | -$0.05-150.0% | -$0.01+50.0% | -$0.03-50.0% | $0.00+100.0% | -$0.02-100.0% | -$0.02-300.0% | -$0.02+71.4% | -$0.01+85.7% |
| Diluted Shares (Avg) | 49M+4.2% | 49M+4.7% | N/A | 48M+3.2% | 47M+2.4% | 46M-40.0% | N/A | 46M+10.5% |
Not reported in any period shown, so not listed: Income Tax.
SBIG 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 | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.9M-38.0% | $4.3M-37.7% | $4.6M-32.2% | $5.2M-31.0% | $4.6M-41.8% | $6.9M-24.3% | $6.8M+33.7% | $7.5M+8.7% |
| Current Assets | $2.5M-38.7% | $3.9M-3.7% | $4.2M+8.1% | $4.7M+5.9% | $4.1M-12.5% | $4.0M-29.5% | $3.9M-13.1% | $4.4M-21.9% |
| Cash & Equivalents | $300K-78.6% | $1.3M+18.2% | $1.5M+27.2% | $1.5M+77.1% | $1.4M+93.4% | $1.1M-34.1% | $1.2M+256.2% | $847K+189.1% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $1.2M-42.6% | $1.7M-21.2% | $2.0M-9.5% | $2.1M-25.5% | $2.1M-33.7% | $2.2M-31.1% | $2.2M+0.6% | $2.8M-26.5% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $17K | $17K | $17K | $17K | N/A | N/A | N/A | N/A |
| Total Liabilities | $18.1M+13.4% | $17.2M-0.2% | $17.1M+3.1% | $16.1M-1.2% | $16.0M-2.8% | $17.2M+0.8% | $16.6M+20.4% | $16.3M+28.1% |
| Current Liabilities | $18.0M+158.2% | $17.1M+181.6% | $7.7M+36.0% | $6.7M-51.1% | $7.0M | $6.1M-14.5% | $5.7M-58.2% | $13.7M+9.5% |
| Non-Current Liabilities | $100K-98.9% | $135K-98.8% | $9.4M-13.9% | $9.4M+259.3% | $9.0M | $11.2M+11.6% | $10.9M+4692.1% | $2.6M+1026.6% |
| Long-Term Debt | $9.8M+12.0% | $9.8M+12.0% | $9.2M+10.4% | $9.2M+19.2% | $8.7M-36.0% | $8.7M+21.0% | $8.4M-38.3% | $7.7M |
| Total Equity | -$15.2M-34.4% | -$12.9M-24.6% | -$12.5M-27.8% | -$11.0M-24.1% | -$11.3M-33.7% | -$10.4M-29.1% | -$9.8M-12.6% | -$8.8M-50.8% |
| Retained Earnings | -$44.5M-10.4% | -$42.2M-7.6% | -$41.7M-8.4% | -$40.1M-7.4% | -$40.3M-9.6% | -$39.2M-8.4% | -$38.4M-5.1% | -$37.3M-11.9% |
Not reported in any period shown, so not listed: Inventory.
SBIG 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 | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$928K-525.7% | -$229K-166.3% | -$20K-105.2% | $163K-72.1% | $218K+631.7% | -$86K+95.4% | $381K+175.0% | $585K+164.6% |
| Depreciation & Amortization | $5K-82.8% | $5K-84.8% | -$14K-137.8% | $27K-35.7% | $29K-38.3% | $33K-38.9% | $37K-49.3% | $42K-58.0% |
| Stock-Based Compensation | N/A | $71K-56.4% | N/A | N/A | N/A | $163K-16.4% | N/A | N/A |
| Capital Expenditures | N/A | N/A | $12K | $14K+1300.0% | $8K+100.0% | $6K-89.8% | $0-100.0% | $1K-99.4% |
| Free Cash Flow | N/A | N/A | -$32K-108.4% | $149K-74.5% | $210K+566.7% | -$92K+95.3% | $381K+162.5% | $584K+154.6% |
| Investing Cash Flow | N/A | N/A | -$12K | -$14K-1300.0% | -$8K-100.0% | -$6K+89.8% | $0+100.0% | -$1K+99.4% |
| Financing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | -$49K-107.7% | -$461K-171.9% |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
SBIG 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 | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 64.6%-9.7pp | 65.9%-12.3pp | 57.0%-16.6pp | 70.5%-1.6pp | 74.3%+1.2pp | 78.1%+5.0pp | 73.5%+3.3pp | 72.2%-4.5pp |
| Operating Margin | -0.4%+12.0pp | -2.5%+5.2pp | -20.3%-16.4pp | 9.6%+10.3pp | -12.4%-11.5pp | -7.7%-3.3pp | -3.8%+27.8pp | -0.7%+38.4pp |
| Net Margin | -53.1%-33.6pp | -9.1%+4.5pp | -28.1%-8.9pp | 3.7%+12.8pp | -19.6%-9.5pp | -13.6%-20.1pp | -19.2%+27.9pp | -9.0%+30.8pp |
| Return on Assets | -82.0%-57.3pp | -11.5%-0.6pp | -34.0%-18.0pp | 4.2%+11.6pp | -24.6%-16.5pp | -10.9%-15.5pp | -16.0%+46.7pp | -7.4%+32.4pp |
| Current Ratio | 0.14-0.5x | 0.23-0.4x | 0.54-0.1x | 0.70+0.4x | 0.59 | 0.67-0.1x | 0.68+0.4x | 0.32-0.1x |
| Asset Turnover | 1.54+0.3x | 1.27+0.5x | 1.21+0.4x | 1.14+0.3x | 1.26+0.5x | 0.80+0.1x | 0.83-0.5x | 0.82-0.2x |
| FCF Margin | N/A | N/A | -0.6%-7.3pp | 2.5%-7.0pp | 3.6%+4.3pp | -1.7%+28.6pp | 6.7%+15.7pp | 9.5%+25.0pp |
Not reported in any period shown, so not listed: Return on Equity, Debt-to-Equity.
Note: Shareholder equity is negative (-$12.5M), 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 (0.54), 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 |
|---|---|---|---|---|---|---|
| SPRINGBIG HLDGS INC SBIG | FY2025 | $22.8M | -$3.2M | -14.2% | $834K | — |
| CONNECTM TECH SLTNS CNTM | FY2025 | $33.1M | -$16.2M | -49.1% | $23.0M | — |
| HESTIA INSIGHT INC HSTA | FY2025 | $8K | -$943K | N/A | $838K | — |
Where SPRINGBIG HLDGS INC Ranks
Frequently Asked Questions
What is SPRINGBIG HLDGS INC's annual revenue?
SPRINGBIG HLDGS INC (SBIG) reported $22.8M in total revenue for fiscal year 2025. This represents a -7.4% 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 SPRINGBIG HLDGS INC's revenue growing?
SPRINGBIG HLDGS INC (SBIG) revenue declined by 7.4% year-over-year, from $24.6M to $22.8M in fiscal year 2025.
Is SPRINGBIG HLDGS INC profitable?
No, SPRINGBIG HLDGS INC (SBIG) reported a net income of -$3.2M in fiscal year 2025, with a net profit margin of -14.2%.
What is SPRINGBIG HLDGS INC's EBITDA?
SPRINGBIG HLDGS INC (SBIG) had EBITDA of -$1.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does SPRINGBIG HLDGS INC have?
As of fiscal year 2025, SPRINGBIG HLDGS INC (SBIG) had $1.5M in cash and equivalents against $9.2M in long-term debt.
What is SPRINGBIG HLDGS INC's gross margin?
SPRINGBIG HLDGS INC (SBIG) had a gross margin of 70.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is SPRINGBIG HLDGS INC's operating margin?
SPRINGBIG HLDGS INC (SBIG) had an operating margin of -7.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is SPRINGBIG HLDGS INC's net profit margin?
SPRINGBIG HLDGS INC (SBIG) had a net profit margin of -14.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is SPRINGBIG HLDGS INC's free cash flow?
SPRINGBIG HLDGS INC (SBIG) generated $321K in free cash flow during fiscal year 2025. This represents a 131.6% 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 SPRINGBIG HLDGS INC's operating cash flow?
SPRINGBIG HLDGS INC (SBIG) generated $361K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are SPRINGBIG HLDGS INC's total assets?
SPRINGBIG HLDGS INC (SBIG) had $4.6M in total assets as of fiscal year 2025, including both current and long-term assets.
What are SPRINGBIG HLDGS INC's capital expenditures?
SPRINGBIG HLDGS INC (SBIG) invested $40K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does SPRINGBIG HLDGS INC spend on research and development?
SPRINGBIG HLDGS INC (SBIG) invested $4.8M in research and development during fiscal year 2025.
What is SPRINGBIG HLDGS INC's current ratio?
SPRINGBIG HLDGS INC (SBIG) had a current ratio of 0.54 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is SPRINGBIG HLDGS INC's return on assets (ROA)?
SPRINGBIG HLDGS INC (SBIG) had a return on assets of -70.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is SPRINGBIG HLDGS INC's P/E ratio?
SPRINGBIG HLDGS INC (SBIG) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $834K as of Oct 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is SPRINGBIG HLDGS INC's price-to-sales ratio?
SPRINGBIG HLDGS INC (SBIG) trades at 0.0x sales, its market capitalization divided by revenue of $21.4M revenue, trailing 12 months to June 30, 2026. The market capitalization is $834K as of Oct 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Why is SPRINGBIG HLDGS INC's debt-to-equity ratio negative or not reported?
SPRINGBIG HLDGS INC (SBIG) has negative shareholder equity of -$12.5M 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 SPRINGBIG HLDGS INC's Altman Z-Score?
SPRINGBIG HLDGS INC (SBIG) has an Altman Z-Score of -9.79, 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 SPRINGBIG HLDGS INC's Piotroski F-Score?
SPRINGBIG HLDGS INC (SBIG) 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 SPRINGBIG HLDGS INC's earnings high quality?
SPRINGBIG HLDGS INC (SBIG) reported a net loss of $3.2M while generating $361K 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.
Can SPRINGBIG HLDGS INC cover its interest payments?
SPRINGBIG HLDGS INC (SBIG) reported an operating loss of $1.7M 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.