Sharps Tech Financials
This page shows Sharps Tech (STSS) financial statements, including the 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).
Sharps Technology’s visible mechanic is capital-funded balance-sheet expansion while commercial scale remains negligible relative to the assets assembled.
FY2025 looks less like a normal operating year than a balance-sheet reset: the reported loss was-$282.5M , but operating cash burn was only-$11.0M , so the income statement and cash statement were telling very different stories about the same year. That gap, alongside$215.5M of financing inflow, implies the year’s change was capital-funded rather than customer-funded, with new capital reshaping the company far more than underlying sales did.
The liquidity profile improved sharply because cash rose to
The cost structure is still disconnected from demand: revenue was only
Financial Health Signals
We are recalculating Sharps Tech'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.
Sharps Tech scores 5.06, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($77.9M) relative to total liabilities ($4.7M). 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.
Sharps Tech passes 3 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass.
For every $1 of reported earnings, Sharps Tech generates $0.04 in operating cash flow (-$11.0M OCF vs -$282.5M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Sharps Tech earns $-647.4 in operating income for every $1 of interest expense (-$269.7M vs $417K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Sharps Tech generated $204K in revenue in fiscal year 2025.
Sharps Tech's EBITDA was -$269.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 4775.2% from the prior year.
Sharps Tech reported -$282.5M in net income in fiscal year 2025. This represents a decrease of 2938.9% from the prior year.
Cash & Balance Sheet
Sharps Tech held $10.4M in cash against $0 in long-term debt as of fiscal year 2025.
Sharps Tech had 29M shares outstanding in fiscal year 2025.
Margins & Returns
Sharps Tech's gross margin was 2.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs.
Sharps Tech's operating margin was -132145.5% in fiscal year 2025, reflecting core business profitability.
Sharps Tech's net profit margin was -138400.0% in fiscal year 2025, showing the share of revenue converted to profit.
Sharps Tech's ROE was -106.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 358.9 percentage points from the prior year.
Capital Allocation
Sharps Tech invested $199K in research and development in fiscal year 2025. This represents a decrease of 62.6% from the prior year.
STSS Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $193K | N/A | $84K-62.5% | $223K | N/A | N/A | N/A | N/A |
| Cost of Revenue | $203K | N/A | $1.3M-0.1% | $1.3M | N/A | N/A | N/A | N/A |
| Gross Profit | -$10K | N/A | -$1.2M-13.3% | -$1.0M | N/A | N/A | N/A | N/A |
| R&D Expenses | $137K | N/A | $152K+147.5% | $61K-25.1% | $82K | N/A | $146K-19.2% | $180K |
| SG&A Expenses | $5.1M | N/A | $110.7M+5688.0% | $1.9M+40.2% | $1.4M | N/A | $1.9M+7.4% | $1.7M |
| Operating Income | -$86.3M | N/A | -$102.6M-3314.2% | -$3.0M-120.4% | -$1.4M | N/A | -$2.0M-4.9% | -$1.9M |
| Interest Expense | $10K | N/A | $68K-29.4% | $97K+115.5% | -$627K | N/A | -$71K-107.1% | $1.0M |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$86.2M | N/A | -$105.3M-3059.4% | $3.6M+84.5% | $1.9M | N/A | -$1.7M+19.8% | -$2.1M |
| EPS (Diluted) | $-1.19 | N/A | $-4.33 | $3.58 | $38.63 | N/A | $-379.55 | $-643.64 |
STSS Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $181.0M-32.7% | $269.1M-39.4% | $444.0M+2498.5% | $17.1M-9.7% | $18.9M+158.6% | $7.3M-35.0% | $11.3M+13.3% | $9.9M |
| Current Assets | $18.4M-2.7% | $18.9M-52.4% | $39.7M+277.9% | $10.5M-26.3% | $14.2M+348.9% | $3.2M-31.8% | $4.7M+31.8% | $3.5M |
| Cash & Equivalents | $12.3M+18.7% | $10.4M-1.3% | $10.5M+26.4% | $8.3M-30.0% | $11.9M+1475.9% | $755K-69.5% | $2.5M+66.7% | $1.5M |
| Inventory | $458K-29.1% | $645K-13.4% | $745K-54.3% | $1.6M-20.7% | $2.1M+281.8% | $539K-73.3% | $2.0M+7.1% | $1.9M |
| Accounts Receivable | $397K | N/A | N/A | $136K | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $2.2M-52.7% | $4.7M-56.3% | $10.7M+322.1% | $2.5M-71.0% | $8.8M+65.1% | $5.3M+12.0% | $4.7M+74.9% | $2.7M |
| Current Liabilities | $2.2M-52.7% | $4.7M-55.8% | $10.6M+339.8% | $2.4M-72.1% | $8.6M+66.8% | $5.2M+13.1% | $4.6M+79.6% | $2.6M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $178.8M-32.4% | $264.4M-39.0% | $433.2M+2879.5% | $14.5M+43.5% | $10.1M+407.7% | $2.0M-69.3% | $6.5M-9.9% | $7.2M |
| Retained Earnings | -$403.2M-27.2% | -$316.9M-136.0% | -$134.3M-363.8% | -$29.0M+10.9% | -$32.5M+5.6% | -$34.4M-15.1% | -$29.9M-6.0% | -$28.2M |
STSS Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$2.7M-455.6% | $753K+110.2% | -$7.4M-151.4% | -$2.9M-107.3% | -$1.4M-283.9% | $771K+146.9% | -$1.6M-0.2% | -$1.6M |
| Capital Expenditures | N/A | N/A | $1.4M-22.9% | $1.9M+1967.8% | $90K+30.7% | $69K+37.5% | $50K+204.8% | $17K |
| Free Cash Flow | N/A | N/A | -$8.8M-83.7% | -$4.8M-218.8% | -$1.5M-315.0% | $702K+141.4% | -$1.7M-2.3% | -$1.7M |
| Investing Cash Flow | $9.3M+368.4% | $2.0M+101.1% | -$187.5M-12520.0% | -$1.5M-213.7% | -$474K-780.0% | $70K+238.5% | -$50K+95.1% | -$1.0M |
| Financing Cash Flow | -$4.7M-197.7% | $4.8M-97.6% | $196.8M | $0-100.0% | $14.0M+6895.4% | $199K-92.7% | $2.7M-8.0% | $3.0M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $1.6M | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
STSS Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | -5.1% | N/A | -1398.7%-935.4pp | -463.4% | N/A | N/A | N/A | N/A |
| Operating Margin | -44748.4% | N/A | -122747.9%-121398.1pp | -1349.8% | N/A | N/A | N/A | N/A |
| Net Margin | -44734.5% | N/A | -125963.6%-127561.7pp | 1598.1% | N/A | N/A | N/A | N/A |
| Return on Equity | -48.2% | N/A | -24.3%-48.8pp | 24.5%+5.4pp | 19.0% | N/A | -25.9%+3.2pp | -29.1% |
| Return on Assets | -47.6% | N/A | -23.7%-44.6pp | 20.8%+10.6pp | 10.2% | N/A | -15.0%+6.2pp | -21.2% |
| Current Ratio | 8.28+4.3 | 4.02+0.3 | 3.74-0.6 | 4.35+2.7 | 1.65+1.0 | 0.61-0.4 | 1.01-0.4 | 1.38 |
| Debt-to-Equity | 0.010.0 | 0.020.0 | 0.02-0.2 | 0.18-0.7 | 0.87-1.8 | 2.66+1.9 | 0.73+0.4 | 0.38 |
| FCF Margin | N/A | N/A | -10559.0%-8400.4pp | -2158.6% | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
What is Sharps Tech's annual revenue?
Sharps Tech (STSS) reported $204K in total revenue for fiscal year 2025. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Is Sharps Tech profitable?
No, Sharps Tech (STSS) reported a net income of -$282.5M in fiscal year 2025, with a net profit margin of -138400.0%.
What is Sharps Tech's EBITDA?
Sharps Tech (STSS) had EBITDA of -$269.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Sharps Tech's gross margin?
Sharps Tech (STSS) had a gross margin of 2.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Sharps Tech's operating margin?
Sharps Tech (STSS) had an operating margin of -132145.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Sharps Tech's net profit margin?
Sharps Tech (STSS) had a net profit margin of -138400.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Sharps Tech's return on equity (ROE)?
Sharps Tech (STSS) has a return on equity of -106.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Sharps Tech's operating cash flow?
Sharps Tech (STSS) generated -$11.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Sharps Tech's total assets?
Sharps Tech (STSS) had $269.1M in total assets as of fiscal year 2025, including both current and long-term assets.
How much does Sharps Tech spend on research and development?
Sharps Tech (STSS) invested $199K in research and development during fiscal year 2025.
What is Sharps Tech's current ratio?
Sharps Tech (STSS) had a current ratio of 4.02 as of fiscal year 2025, which is generally considered healthy.
What is Sharps Tech's debt-to-equity ratio?
Sharps Tech (STSS) had a debt-to-equity ratio of 0.02 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Sharps Tech's return on assets (ROA)?
Sharps Tech (STSS) had a return on assets of -105.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Sharps Tech's cash runway?
Based on fiscal year 2025 data, Sharps Tech (STSS) had $10.4M in cash against an annual operating cash burn of $11.0M. This gives an estimated cash runway of approximately 11 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 Sharps Tech's Altman Z-Score?
Sharps Tech (STSS) has an Altman Z-Score of 5.06, 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.
What is Sharps Tech's Piotroski F-Score?
Sharps Tech (STSS) has a Piotroski F-Score of 3 out of 6 computable signals; 3 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 Sharps Tech's earnings high quality?
Sharps Tech (STSS) has an earnings quality ratio of 0.04x, 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 Sharps Tech cover its interest payments?
Sharps Tech (STSS) has an interest coverage ratio of -647.4x, 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.