Vivakor Financials
Vivakor (VIVK) reported $89.6M in revenue over the twelve months to Jun 30, 2026, down 27.8% from the prior twelve months. 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).
Revenue scale now comes with a wider gross spread, but overhead, cash needs, and short-term obligations dominate the operating model.
Gross margin expanded from11.4% in FY2024 to36.2% in FY2025, yet operating loss widened to$63.8M ; the added gross profit was more than absorbed by operating costs and depreciation, so better unit economics did not translate into operating profitability.
Cash conversion reversed: operating cash flow moved from an inflow of
Liquidity is structurally tight: the current ratio was only 0.1x, while total liabilities were
Financial Health Signals
Scored against energy 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 Vivakor'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.
Vivakor scores -4.00, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($2.3M) relative to total liabilities ($76.3M). 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.
Vivakor passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, both operating efficiency signals pass.
Vivakor reported a net loss of $110.2M while operations used $15.8M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Vivakor generated $104.4M in revenue in fiscal year 2025. This represents an increase of 16.3% from the prior year.
Vivakor's EBITDA was -$45.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 331.1% from the prior year.
Vivakor reported -$110.2M in net income in fiscal year 2025. This represents a decrease of 318.3% from the prior year.
Cash & Balance Sheet
Vivakor held $265K in cash as of fiscal year 2025; long-term debt is not reported for that period.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Vivakor's gross margin was 36.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 24.8 percentage points from the prior year.
Vivakor's operating margin was -61.1% in fiscal year 2025, reflecting core business profitability. This is down 36.6 percentage points from the prior year.
Vivakor's ROE was -266.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 243.9 percentage points from the prior year.
Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
None of these metrics is reported for fiscal year 2025.
VIVK Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $32.1M+65.1% | $19.5M-7.3% | $21.0M+23.7% | $17.0M-41.6% | $29.1M-22.1% | $37.3M-10.4% | $41.7M+161.9% | $15.9M |
| Cost of Revenue | $25.5M+85.5% | $13.7M+610.4% | -$2.7M-121.9% | $12.3M-50.0% | $24.5M-24.7% | $32.6M-7.9% | $35.4M+149.3% | $14.2M |
| Gross Profit | $6.6M+15.9% | $5.7M-75.8% | $23.7M+401.9% | $4.7M+3.1% | $4.6M-3.8% | $4.8M-24.6% | $6.3M+265.7% | $1.7M |
| SG&A Expenses | $3.8M-32.7% | $5.6M-75.1% | $22.4M+109.6% | $10.7M+138.8% | $4.5M-16.5% | $5.4M+8.4% | $5.0M+89.5% | $2.6M |
| Operating Income | $158K+106.5% | -$2.4M+94.2% | -$41.6M-360.4% | -$9.0M-33.3% | -$6.8M-5.2% | -$6.4M+58.6% | -$15.6M-694.8% | -$2.0M |
| Interest Expense | N/A | N/A | N/A | $14.4M+229.4% | $4.4M+287.6% | $1.1M | N/A | $641K |
| Income Tax | $0 | $0-100.0% | $117K | $0 | $0 | $0-100.0% | $93K | $0 |
| Net Income | -$2.8M+38.3% | -$4.6M+91.8% | -$55.9M-63.0% | -$34.3M-173.5% | -$12.5M-66.4% | -$7.5M+61.3% | -$19.5M-1053.2% | -$1.7M |
| EPS (Diluted) | -$13.35 | -$2.32 | -$316.32 | -$2.09 | -$0.30 | -$42.32 | -$0.52-766.7% | -$0.06 |
Not reported in any period shown, so not listed: R&D Expenses.
VIVK Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $114.4M+2.3% | $111.8M-1.5% | $113.5M-29.1% | $160.1M-34.5% | $244.5M-1.5% | $248.2M+3.0% | $241.0M+232.3% | $72.5M |
| Current Assets | $14.2M+54.3% | $9.2M+12.0% | $8.2M-10.9% | $9.2M-69.9% | $30.6M+7.4% | $28.5M+138.3% | $12.0M+156.9% | $4.7M |
| Cash & Equivalents | $257K+5665.5% | $4K-98.3% | $265K-11.6% | $300K-27.6% | $414K-45.9% | $765K+17.6% | $651K-5.3% | $687K |
| Inventory | $82K0.0% | $82K0.0% | $82K-25.6% | $111K-16.3% | $132K0.0% | $132K-35.6% | $206K+11.2% | $185K |
| Accounts Receivable | $2.0M-9.0% | $2.2M-37.5% | $3.5M-39.5% | $5.8M-68.2% | $18.3M+41.6% | $12.9M+694.9% | $1.6M+135.2% | $692K |
| Goodwill | $0 | $0 | $0-100.0% | $40.6M-41.1% | $68.9M0.0% | $68.9M0.0% | $68.9M+359.7% | $15.0M |
| Total Liabilities | $77.8M-0.5% | $78.1M+2.4% | $76.3M-20.6% | $96.1M-34.4% | $146.5M+5.1% | $139.4M+10.7% | $125.9M+125.7% | $55.8M |
| Current Liabilities | $72.5M+15.2% | $63.0M+2.3% | $61.5M-19.6% | $76.5M-43.9% | $136.4M+7.0% | $127.6M+12.4% | $113.5M+140.8% | $47.1M |
| Total Equity | $40.8M+21.1% | $33.6M-18.6% | $41.3M-39.4% | $68.2M-33.3% | $102.2M-9.5% | $112.9M-1.9% | $115.1M+585.3% | $16.8M |
| Retained Earnings | -$215.3M-2.0% | -$211.0M-3.3% | -$204.3M-38.0% | -$148.1M-32.1% | -$112.1M-14.3% | -$98.1M-10.2% | -$89.0M-22.2% | -$72.8M |
Not reported in any period shown, so not listed: Long-Term Debt.
VIVK Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$349K+89.5% | -$3.3M+83.5% | -$20.1M-277.9% | $11.3M+261.8% | -$7.0M-19943617.1% | -$35-100.0% | $1.6M+66.1% | $991K |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $186K |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $805K |
| Investing Cash Flow | N/A | N/A | -$26K+84.3% | -$163K-143.0% | $378K-74.5% | $1.5M-44.4% | $2.7M+1532.1% | -$186K |
| Financing Cash Flow | $1.0M-20.2% | $1.3M-93.8% | $21.0M+254.5% | -$13.6M-348.3% | $5.5M+1580.0% | -$370K+72.0% | -$1.3M-521.9% | -$212K |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
VIVK Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 20.7%-8.7pp | 29.4% | 112.8% | 27.8%+12.0pp | 15.7%+3.0pp | 12.7%-2.4pp | 15.1%+4.3pp | 10.8% |
| Operating Margin | 0.5%+13.0pp | -12.5% | -198.0% | -53.2%-29.9pp | -23.3%-6.0pp | -17.3%+20.1pp | -37.3%-25.0pp | -12.3% |
| Net Margin | -8.8%+14.7pp | -23.5% | -266.1% | -201.9% | -43.1%-22.9pp | -20.2%+26.5pp | -46.7%-36.1pp | -10.6% |
| Return on Equity | -6.9%+6.7pp | -13.6%+121.6pp | -135.3%-85.0pp | -50.3%-38.0pp | -12.3%-5.6pp | -6.7%+10.2pp | -16.9%-6.9pp | -10.1% |
| Return on Assets | -2.5%+1.6pp | -4.1%+45.1pp | -49.2%-27.8pp | -21.4%-16.3pp | -5.1%-2.1pp | -3.0%+5.0pp | -8.1%-5.8pp | -2.3% |
| Current Ratio | 0.200.0x | 0.150.0x | 0.130.0x | 0.12-0.1x | 0.220.0x | 0.22+0.1x | 0.110.0x | 0.10 |
| Debt-to-Equity | 1.91-0.4x | 2.32+0.5x | 1.85+0.4x | 1.410.0x | 1.43+0.2x | 1.24+0.1x | 1.09-2.2x | 3.32 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 5.1% |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Gross Margin, Operating Margin, Net Margin.
Note: The current ratio is below 1.0 (0.13), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Where Vivakor Ranks
Frequently Asked Questions
What is Vivakor's annual revenue?
Vivakor (VIVK) reported $104.4M in total revenue for fiscal year 2025. This represents a 16.3% 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 Vivakor's revenue growing?
Vivakor (VIVK) revenue grew by 16.3% year-over-year, from $89.8M to $104.4M in fiscal year 2025.
Is Vivakor profitable?
No, Vivakor (VIVK) reported a net income of -$110.2M in fiscal year 2025.
What is Vivakor's EBITDA?
Vivakor (VIVK) had EBITDA of -$45.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Vivakor's gross margin?
Vivakor (VIVK) had a gross margin of 36.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Vivakor's operating margin?
Vivakor (VIVK) had an operating margin of -61.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Vivakor's return on equity (ROE)?
Vivakor (VIVK) has a return on equity of -266.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Vivakor's operating cash flow?
Vivakor (VIVK) recorded an outflow of $15.8M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Vivakor's total assets?
Vivakor (VIVK) had $113.5M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Vivakor's current ratio?
Vivakor (VIVK) had a current ratio of 0.13 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Vivakor's debt-to-equity ratio?
Vivakor (VIVK) had a debt-to-equity ratio of 1.85 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Vivakor's return on assets (ROA)?
Vivakor (VIVK) had a return on assets of -97.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
How does Vivakor's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Vivakor (VIVK) held $265K in cash, cash equivalents and investments, and reported an operating cash outflow of $15.8M over that year. Dividing the one by the other, the reported balance equals about 0 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Vivakor's Altman Z-Score?
Vivakor (VIVK) has an Altman Z-Score of -4.00, 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 Vivakor's Piotroski F-Score?
Vivakor (VIVK) has a Piotroski F-Score of 5 out of 8 computable signals; 1 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 Vivakor's earnings high quality?
Vivakor (VIVK) reported a net loss of $110.2M while operations used $15.8M of cash. With neither figure positive, 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.
How financially healthy is Vivakor?
Vivakor (VIVK) scores 28 out of 100 on our Financial Health Score, indicating weak standing within its energy 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.