What is Venu Holding Corporation's earnings per share (EPS)?

Venu Holding Corporation (VENU) reported diluted earnings per share of $-1.10 for fiscal year 2025. This represents a -27.9% 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.

Venu Holding Corporation Financials

VENU

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

This page shows Venu Holding Corporation (VENU) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 3 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).

Financial Health Signals

Earnings Quality Mixed

-0.17x

For every $1 of reported earnings, Venu Holding Corporation generates $-0.17 in operating cash flow ($7.6M OCF vs -$44.1M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Interest Coverage At Risk

-10.1x

Venu Holding Corporation earns $-10.1 in operating income for every $1 of interest expense (-$46.1M vs $4.6M). 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

$9.8M

YoY-45.2%

Venu Holding Corporation generated $9.8M in revenue in fiscal year 2025. This represents a decrease of 45.2% from the prior year.

EBITDA

-$40.0M

YoY-68.2%

Venu Holding Corporation's EBITDA was -$40.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 68.2% from the prior year.

Net Income

-$44.1M

YoY-45.3%

Venu Holding Corporation reported -$44.1M in net income in fiscal year 2025. This represents a decrease of 45.3% from the prior year.

EPS (Diluted)

$-1.10

YoY-27.9%

Venu Holding Corporation earned $-1.10 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 27.9% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$134.0M

YoY-95.0%

Venu Holding Corporation generated -$134.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 95.0% from the prior year.

Cash & Debt

N/A

Dividends Per Share

N/A

Shares Outstanding

60M

YoY+60.3%

Venu Holding Corporation had 60M shares outstanding in fiscal year 2025. This represents an increase of 60.3% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

-472.0%

YoY-318.5pp

Venu Holding Corporation's operating margin was -472.0% in fiscal year 2025, reflecting core business profitability. This is down 318.5 percentage points from the prior year.

Net Margin

-451.1%

YoY-281.0pp

Venu Holding Corporation's net profit margin was -451.1% in fiscal year 2025, showing the share of revenue converted to profit. This is down 281.0 percentage points from the prior year.

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$141.7M

YoY+95.4%

Venu Holding Corporation invested $141.7M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 95.4% from the prior year.

VENU Income Statement

Metric	FY25	FY24	FY23
Revenue	$9.8M-45.2%	$17.8M+41.6%	$12.6M
Cost of Revenue	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A
SG&A Expenses	$37.0M+96.2%	$18.8M+51.0%	$12.5M
Operating Income	-$46.1M-68.5%	-$27.4M-145.9%	-$11.1M
Interest Expense	$4.6M+17.3%	$3.9M+1078.0%	$332K
Income Tax	N/A	N/A	N/A
Net Income	-$44.1M-45.3%	-$30.3M-188.3%	-$10.5M
EPS (Diluted)	$-1.10-27.9%	$-0.86	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Revenue	$5.4M+20.0%	$4.5M+28.2%	$3.5M-18.0%	$4.3M-21.7%	$5.5M+30.6%	$4.2M+6.0%	$3.9M	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	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	$9.8M+16.0%	$8.5M+25.6%	$6.7M-29.5%	$9.6M+100.0%	$4.8M+1367.9%	$325K-92.2%	$4.2M	N/A
Operating Income	-$10.0M+3.2%	-$10.3M+44.4%	-$18.5M-190.5%	-$6.4M-73.6%	-$3.7M+15.5%	-$4.4M+66.4%	-$13.0M	N/A
Interest Expense	$338K-83.1%	$2.0M+91.2%	$1.1M-55.3%	$2.4M	$0-100.0%	$1.2M+184.0%	$405K	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$6.4M+48.3%	-$12.3M+31.9%	-$18.1M-226.1%	-$5.5M-40.9%	-$3.9M+25.4%	-$5.3M+66.2%	-$15.6M	N/A
EPS (Diluted)	$-0.15-150.0%	$0.30+162.5%	$-0.48	N/A	$-0.13	N/A	N/A	N/A

VENU Balance Sheet

Metric	FY25	FY24	FY23
Total Assets	N/A	$178.4M+114.4%	$83.2M
Current Assets	N/A	$39.0M+89.6%	$20.6M
Cash & Equivalents	N/A	$38.0M+88.0%	$20.2M
Inventory	N/A	$225K+21.3%	$186K
Accounts Receivable	N/A	$194K	N/A
Goodwill	N/A	N/A	N/A
Total Liabilities	N/A	$47.6M-9.3%	$52.5M
Current Liabilities	N/A	$24.5M+399.0%	$4.9M
Long-Term Debt	N/A	$14.1M+26.1%	$11.2M
Total Equity	N/A	$95.7M+211.3%	$30.8M
Retained Earnings	N/A	-$47.4M-178.2%	-$17.0M

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Total Assets	$314.8M+30.1%	$242.0M+13.7%	$212.9M+19.3%	$178.4M+7.1%	$166.6M	N/A	N/A	$83.2M
Current Assets	$60.7M+56.3%	$38.9M+50.8%	$25.8M-34.0%	$39.0M+1.2%	$38.6M	N/A	N/A	$20.6M
Cash & Equivalents	$58.2M+55.4%	$37.4M+51.8%	$24.7M-35.0%	$38.0M+6.1%	$35.8M	N/A	N/A	$20.2M
Inventory	$189K-2.7%	$194K-3.4%	$201K-10.8%	$225K-0.7%	$227K	N/A	N/A	$186K
Accounts Receivable	$1.4M+1669.6%	$79K-59.5%	$194K0.0%	$194K	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	$193.7M+27.5%	$151.9M+12.9%	$134.5M+182.6%	$47.6M-45.4%	$87.2M	N/A	N/A	$52.5M
Current Liabilities	$30.1M+110.4%	$14.3M+50.6%	$9.5M-61.3%	$24.5M-20.0%	$30.6M	N/A	N/A	$4.9M
Long-Term Debt	$58.9M+31.5%	$44.8M-18.0%	$54.7M+287.7%	$14.1M+0.7%	$14.0M	N/A	N/A	$11.2M
Total Equity	$121.2M+34.3%	$90.2M+15.1%	$78.4M-18.1%	$95.7M+20.6%	$79.4M-26.2%	$107.6M+17.5%	$91.6M+197.7%	$30.8M
Retained Earnings	-$83.2M-8.3%	-$76.8M-17.5%	-$65.4M-38.1%	-$47.4M-15.3%	-$41.1M	N/A	N/A	-$17.0M

VENU Cash Flow Statement

Metric	FY25	FY24	FY23
Operating Cash Flow	$7.6M+103.6%	$3.8M+177.1%	-$4.9M
Capital Expenditures	$141.7M+95.4%	$72.5M+132.6%	$31.2M
Free Cash Flow	-$134.0M-95.0%	-$68.7M-90.7%	-$36.0M
Investing Cash Flow	-$133.4M-84.3%	-$72.4M-132.3%	-$31.2M
Financing Cash Flow	$129.1M+49.4%	$86.4M+163.7%	$32.8M
Dividends Paid	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Cash Flow	$6.3M+357.3%	-$2.4M+72.9%	-$9.0M+5.7%	-$9.6M-232.7%	$7.2M-18.2%	$8.8M+425.6%	-$2.7M-265.2%	$1.6M
Capital Expenditures	$39.2M+158.6%	$15.2M-31.2%	$22.0M+102.9%	$10.9M-64.2%	$30.4M+36.1%	$22.3M+149.4%	$8.9M-25.3%	$12.0M
Free Cash Flow	-$32.9M-86.9%	-$17.6M+43.4%	-$31.1M-52.0%	-$20.4M+11.6%	-$23.1M-71.6%	-$13.5M-15.6%	-$11.7M-12.8%	-$10.3M
Investing Cash Flow	-$36.6M-141.2%	-$15.2M+36.9%	-$24.0M-121.3%	-$10.9M+64.2%	-$30.4M-36.5%	-$22.2M-148.6%	-$8.9M+25.3%	-$12.0M
Financing Cash Flow	$51.0M+68.0%	$30.4M+53.6%	$19.8M-12.6%	$22.6M+39.8%	$16.2M-6.8%	$17.4M-42.6%	$30.3M+282.1%	$7.9M
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

VENU Financial Ratios

Metric	FY25	FY24	FY23
Gross Margin	N/A	N/A	N/A
Operating Margin	-472.0%-318.5pp	-153.5%-65.1pp	-88.4%
Net Margin	-451.1%-281.0pp	-170.1%-86.6pp	-83.5%
Return on Equity	N/A	-31.7%+2.5pp	-34.2%
Return on Assets	N/A	-17.0%-4.4pp	-12.7%
Current Ratio	N/A	1.59-2.6	4.19
Debt-to-Equity	N/A	0.15-0.2	0.36
FCF Margin	-1371.1%-985.7pp	-385.4%-99.3pp	-286.1%

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	-185.2%+44.5pp	-229.7%+300.2pp	-529.9%-380.3pp	-149.6%-82.1pp	-67.4%+36.8pp	-104.2%+224.9pp	-329.1%	N/A
Net Margin	-118.1%+156.0pp	-274.2%+242.0pp	-516.2%-386.4pp	-129.8%-57.7pp	-72.1%+54.1pp	-126.2%+269.7pp	-395.9%	N/A
Return on Equity	-5.3%+8.4pp	-13.6%+9.4pp	-23.1%-17.3pp	-5.8%-0.8pp	-5.0%-0.1pp	-4.9%+12.1pp	-17.0%	N/A
Return on Assets	-2.0%+3.1pp	-5.1%+3.4pp	-8.5%-5.4pp	-3.1%-0.7pp	-2.4%	N/A	N/A	N/A
Current Ratio	2.02-0.7	2.720.0	2.72+1.1	1.59+0.3	1.26	N/A	N/A	4.19
Debt-to-Equity	0.49-0.0	0.50-0.2	0.70+0.6	0.15-0.0	0.18	N/A	N/A	0.36
FCF Margin	-611.3%-218.9pp	-392.4%+496.0pp	-888.4%-409.3pp	-479.1%-54.7pp	-424.4%-101.5pp	-322.9%-27.0pp	-295.9%	N/A

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Frequently Asked Questions

What is Venu Holding Corporation's annual revenue?

Venu Holding Corporation (VENU) reported $9.8M in total revenue for fiscal year 2025. This represents a -45.2% 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 Venu Holding Corporation's revenue growing?

Venu Holding Corporation (VENU) revenue declined by 45.2% year-over-year, from $17.8M to $9.8M in fiscal year 2025.

Is Venu Holding Corporation profitable?

No, Venu Holding Corporation (VENU) reported a net income of -$44.1M in fiscal year 2025, with a net profit margin of -451.1%.

What is Venu Holding Corporation's EBITDA?

Venu Holding Corporation (VENU) had EBITDA of -$40.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Venu Holding Corporation's operating margin?

Venu Holding Corporation (VENU) had an operating margin of -472.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Venu Holding Corporation's net profit margin?

Venu Holding Corporation (VENU) had a net profit margin of -451.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Venu Holding Corporation's free cash flow?

Venu Holding Corporation (VENU) generated -$134.0M in free cash flow during fiscal year 2025. This represents a -95.0% 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 Venu Holding Corporation's operating cash flow?

Venu Holding Corporation (VENU) generated $7.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Venu Holding Corporation's capital expenditures?

Venu Holding Corporation (VENU) invested $141.7M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Venu Holding Corporation have outstanding?

Venu Holding Corporation (VENU) had 60M shares outstanding as of fiscal year 2025.

Are Venu Holding Corporation's earnings high quality?

Venu Holding Corporation (VENU) has an earnings quality ratio of -0.17x, considered mixed quality. 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 Venu Holding Corporation cover its interest payments?

Venu Holding Corporation (VENU) has an interest coverage ratio of -10.1x, 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.