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THUMZUP MEDIA CORPORATION Financials

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

This page shows THUMZUP MEDIA CORPORATION (TZUP) financial statements, including the 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).

Rhea AI TZUP FY2025

A cash-rich, debt-light balance sheet is financing a capital-heavy commercial ramp whose reported losses overstate day-to-day burn.

In FY2025, free cash flow at -$32.4M was far worse than operating cash flow at -$6.4M because spending shifted into $25.9M of capital expenditures; at the same time, financing brought in $70.2M, leaving $38.9M of cash against just $595K of liabilities. That combination says the company is not being squeezed by debt or working-capital strain right now; it is using newly raised capital to build assets faster than the current business can fund itself.

FY2025 is the first year the business shows a meaningful gross-profit engine: revenue reached $7.0M and gross profit $3.4M, a gross margin of 48.9%. But operating income stayed at -$7.9M, so the core offering now clears direct costs while overhead and asset-related charges still dominate the income statement.

The balance sheet became dramatically more conservative even as the share count expanded from 9.4M to 30.4M shares: cash rose from $4.7M in FY2024 to $38.9M in FY2025, while liabilities moved from $335K to $595K. That makes this less a leverage story than a funding-model story—losses have been financed externally, which preserves solvency but changes how existing owners share in the business.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 20 / 100
Financial Health Score 20/100

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 THUMZUP MEDIA CORPORATION'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
8

THUMZUP MEDIA CORPORATION has an operating margin of -113.7%, meaning the company retains $-114 of operating profit per $100 of revenue. This below-average margin results in a low score of 8/100, suggesting thin profitability after operating expenses. This is up from -532513.1% the prior year.

Leverage
88

THUMZUP MEDIA CORPORATION carries a low D/E ratio of 0.01, meaning only $0.01 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 88/100, indicating a strong balance sheet with room for future borrowing.

Cash Flow
3

While THUMZUP MEDIA CORPORATION generated -$6.4M in operating cash flow, capex of $25.9M consumed most of it, leaving -$32.4M in free cash flow. This results in a low score of 3/100, reflecting heavy capital investment rather than weak cash generation.

Returns
19

THUMZUP MEDIA CORPORATION generates a -12.8% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 19/100. This is up from -83.9% the prior year.

Altman Z-Score Safe
76.25

THUMZUP MEDIA CORPORATION scores 76.25, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($75.3M) relative to total liabilities ($595K). 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

THUMZUP MEDIA CORPORATION passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Low Quality
0.76x

For every $1 of reported earnings, THUMZUP MEDIA CORPORATION generates $0.76 in operating cash flow (-$6.4M OCF vs -$8.5M 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
-56.2x

THUMZUP MEDIA CORPORATION earns $-56.2 in operating income for every $1 of interest expense (-$7.9M vs $141K). 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
$7.0M
YoY+939640.5%

THUMZUP MEDIA CORPORATION generated $7.0M in revenue in fiscal year 2025. This represents an increase of 939640.5% from the prior year.

EBITDA
-$415K
YoY+89.2%

THUMZUP MEDIA CORPORATION's EBITDA was -$415K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 89.2% from the prior year.

Net Income
-$8.5M
YoY-112.6%

THUMZUP MEDIA CORPORATION reported -$8.5M in net income in fiscal year 2025. This represents a decrease of 112.6% from the prior year.

EPS (Diluted)
$-0.46
YoY+8.0%

THUMZUP MEDIA CORPORATION earned $-0.46 per diluted share (EPS) in fiscal year 2025. This represents an increase of 8.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow
-$32.4M
YoY-826.1%

THUMZUP MEDIA CORPORATION generated -$32.4M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 826.1% from the prior year.

Cash & Debt
$38.9M
YoY+731.5%
5Y CAGR+228.8%

THUMZUP MEDIA CORPORATION held $38.9M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
30M
YoY+223.1%
5Y CAGR+43.5%

THUMZUP MEDIA CORPORATION had 30M shares outstanding in fiscal year 2025. This represents an increase of 223.1% from the prior year.

Margins & Returns

Gross Margin
48.9%

THUMZUP MEDIA CORPORATION's gross margin was 48.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs.

Operating Margin
-113.7%
YoY+532399.4pp

THUMZUP MEDIA CORPORATION's operating margin was -113.7% in fiscal year 2025, reflecting core business profitability. This is up 532399.4 percentage points from the prior year.

Net Margin
-122.1%
YoY+539676.1pp

THUMZUP MEDIA CORPORATION's net profit margin was -122.1% in fiscal year 2025, showing the share of revenue converted to profit. This is up 539676.1 percentage points from the prior year.

Return on Equity
-12.8%
YoY+71.1pp

THUMZUP MEDIA CORPORATION's ROE was -12.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 71.1 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
N/A
Capital Expenditures
$25.9M
YoY+233157.0%

THUMZUP MEDIA CORPORATION invested $25.9M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 233157.0% from the prior year.

TZUP Income Statement

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Revenue $2.2M-68.0% $6.8M+1767030.4% $385+2466.7% $15-100.0% $160K+102223.7% $156+4.0% $150+400.0% $30
Cost of Revenue $1.7M N/A N/A N/A $76K N/A N/A N/A
Gross Profit $513K N/A N/A N/A $84K N/A N/A N/A
R&D Expenses N/A N/A -$1K-101.2% $117K+55.3% $75K-30.1% $108K+116.6% $50K+0.4% $50K
SG&A Expenses $2K+100.0% -$11.1M-211.9% $9.9M+740.4% $1.2M+82434.1% $1K+100.7% -$197K-173.2% $269K-25.4% $360K
Operating Income -$5.0M-208.1% $4.6M+143.8% -$10.6M-538.7% -$1.7M-439.1% -$308K+88.4% -$2.6M-497.7% -$443K+16.3% -$529K
Interest Expense $72K+143.7% -$164K-6003.3% $3K+170.7% -$4K-116.2% $24K N/A -$859+33.3% -$1K
Income Tax N/A N/A N/A N/A N/A N/A N/A N/A
Net Income -$6.2M-278.2% $3.5M+133.0% -$10.5M-776.0% -$1.2M-286.7% -$309K+88.6% -$2.7M-511.6% -$442K+16.3% -$528K
EPS (Diluted) $-0.20 N/A $-0.77-541.7% $-0.12+45.5% $-0.22 N/A $-0.06+14.3% $-0.07

TZUP Balance Sheet

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Total Assets $79.4M+18.8% $66.8M+29.4% $51.7M+1883.6% $2.6M-18.1% $3.2M-37.7% $5.1M+1110.6% $421K-42.5% $733K
Current Assets $59.7M+36.3% $43.8M-2.3% $44.8M+21126.2% $211K-83.6% $1.3M-73.3% $4.8M+2881.3% $162K-67.3% $497K
Cash & Equivalents $42.5M+9.1% $38.9M-11.7% $44.1M+72844.6% $60K-94.2% $1.0M-77.9% $4.7M+4145.8% $110K-72.3% $398K
Inventory N/A N/A N/A N/A N/A N/A N/A N/A
Accounts Receivable N/A N/A N/A N/A 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 $260K-56.3% $595K-32.6% $883K+13.0% $781K+105.4% -$14.5M-4412.7% $335K+43.5% $234K+105.2% $114K
Current Liabilities $260K-56.3% $595K-32.6% $883K+13.0% $781K+103.6% $384K+14.5% $335K+43.5% $234K+105.2% $114K
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A N/A
Total Equity $79.2M+19.5% $66.2M+30.5% $50.8M+2685.3% $1.8M-89.7% $17.6M+269.9% $4.8M+2436.3% $188K-69.6% $619K
Retained Earnings -$14.7M-72.3% -$8.5M+63.8% -$23.5M-80.2% -$13.0M-10.1% -$11.8M-22.2% -$9.7M-37.7% -$7.0M-7.1% -$6.6M

TZUP Cash Flow Statement

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Operating Cash Flow -$3.2M-116.9% -$1.5M+35.2% -$2.3M-62.3% -$1.4M-13.1% -$1.3M+48.6% -$2.4M-543.8% -$378K-7.2% -$352K
Capital Expenditures N/A N/A N/A N/A N/A $10K N/A N/A
Free Cash Flow N/A N/A N/A N/A N/A -$2.4M N/A N/A
Investing Cash Flow $32K+100.2% -$18.1M-293.2% -$4.6M-6237.3% -$73K+96.5% -$2.1M-5868.8% -$35K+30.6% -$50K+23.4% -$66K
Financing Cash Flow $6.7M-64.7% $19.1M-62.5% $50.9M+10083.9% $500K+267.7% -$298K-104.2% $7.0M+4927.3% $140K-76.3% $591K
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks N/A N/A $959K $0-100.0% $298K N/A N/A N/A

TZUP Financial Ratios

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Gross Margin 23.5% N/A N/A N/A 52.4% N/A N/A N/A
Operating Margin -230.3%-298.5pp 68.3%+2752003.1pp -2751934.8%+8307251.9pp -11059186.7%-11058993.9pp -192.8%+1696100.2pp -1696292.9%-1401161.6pp -295131.3%+1468405.3pp -1763536.7%
Net Margin -282.3%-333.0pp 50.7%+2715013.1pp -2714962.3%+5239971.0pp -7954933.3%-7954740.0pp -193.3%+1732080.4pp -1732273.7%-1437715.1pp -294558.7%+1464684.7pp -1759243.3%
Return on Equity -7.8%-13.0pp 5.2%+25.8pp -20.6%+44.9pp -65.5%-63.7pp -1.8%+54.9pp -56.7%+178.4pp -235.1%-149.8pp -85.2%
Return on Assets -7.8%-12.9pp 5.2%+25.4pp -20.2%+25.6pp -45.8%-36.1pp -9.7%+43.3pp -53.0%+51.9pp -104.8%-32.8pp -72.0%
Current Ratio 229.91+156.2 73.69+22.9 50.79+50.5 0.27-3.1 3.36-11.1 14.44+13.7 0.70-3.7 4.37
Debt-to-Equity 0.000.0 0.010.0 0.02-0.4 0.43+1.2 -0.82-0.9 0.07-1.2 1.24+1.1 0.18
FCF Margin N/A N/A N/A N/A N/A -1565767.3% N/A N/A

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Frequently Asked Questions

THUMZUP MEDIA CORPORATION (TZUP) reported $7.0M in total revenue for fiscal year 2025. This represents a 939640.5% 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.

THUMZUP MEDIA CORPORATION (TZUP) revenue grew by 939640.5% year-over-year, from $741 to $7.0M in fiscal year 2025.

No, THUMZUP MEDIA CORPORATION (TZUP) reported a net income of -$8.5M in fiscal year 2025, with a net profit margin of -122.1%.

THUMZUP MEDIA CORPORATION (TZUP) reported diluted earnings per share of $-0.46 for fiscal year 2025. This represents a 8.0% 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.

THUMZUP MEDIA CORPORATION (TZUP) had EBITDA of -$415K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

THUMZUP MEDIA CORPORATION (TZUP) had a gross margin of 48.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

THUMZUP MEDIA CORPORATION (TZUP) had an operating margin of -113.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

THUMZUP MEDIA CORPORATION (TZUP) had a net profit margin of -122.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

THUMZUP MEDIA CORPORATION (TZUP) has a return on equity of -12.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

THUMZUP MEDIA CORPORATION (TZUP) generated -$32.4M in free cash flow during fiscal year 2025. This represents a -826.1% 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.

THUMZUP MEDIA CORPORATION (TZUP) generated -$6.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

THUMZUP MEDIA CORPORATION (TZUP) had $66.8M in total assets as of fiscal year 2025, including both current and long-term assets.

THUMZUP MEDIA CORPORATION (TZUP) invested $25.9M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

THUMZUP MEDIA CORPORATION (TZUP) had 30M shares outstanding as of fiscal year 2025.

THUMZUP MEDIA CORPORATION (TZUP) had a current ratio of 73.69 as of fiscal year 2025, which is generally considered healthy.

THUMZUP MEDIA CORPORATION (TZUP) had a debt-to-equity ratio of 0.01 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

THUMZUP MEDIA CORPORATION (TZUP) had a return on assets of -12.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2025 data, THUMZUP MEDIA CORPORATION (TZUP) had $38.9M in cash against an annual operating cash burn of $6.4M. This gives an estimated cash runway of approximately 72 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.

THUMZUP MEDIA CORPORATION (TZUP) has an Altman Z-Score of 76.25, 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.

THUMZUP MEDIA CORPORATION (TZUP) 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.

THUMZUP MEDIA CORPORATION (TZUP) has an earnings quality ratio of 0.76x, 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.

THUMZUP MEDIA CORPORATION (TZUP) has an interest coverage ratio of -56.2x, 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.

THUMZUP MEDIA CORPORATION (TZUP) scores 20 out of 100 on our Financial Health Score, indicating weak 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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