What is Solarwindow Tech's earnings per share (EPS)?

Solarwindow Tech (WNDW) reported diluted earnings per share of $-0.04 for fiscal year 2025. This represents a 33.3% 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.

Solarwindow Tech Financials

WNDW

Source SEC Filings (10-K/10-Q) Updated Feb 28, 2026 Currency USD FYE August

This page shows Solarwindow Tech (WNDW) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 13 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

Financial Profile 33/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Solarwindow Tech'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.

Leverage

100

Solarwindow Tech carries a low D/E ratio of 0.03, meaning only $0.03 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

100

With a current ratio of 34.00, Solarwindow Tech holds $34.00 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.

Returns

Solarwindow Tech generates a -35.0% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is up from -73.8% the prior year.

Piotroski F-Score Weak

3/9

Solarwindow Tech passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass.

Earnings Quality Low Quality

0.67x

For every $1 of reported earnings, Solarwindow Tech generates $0.67 in operating cash flow (-$1.5M OCF vs -$2.3M 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

-16.3x

Solarwindow Tech earns $-16.3 in operating income for every $1 of interest expense (-$2.4M vs $144K). 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

N/A

EBITDA

-$2.3M

YoY+9.5%

Solarwindow Tech's EBITDA was -$2.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 9.5% from the prior year.

Net Income

-$2.3M

YoY+34.7%

Solarwindow Tech reported -$2.3M in net income in fiscal year 2025. This represents an increase of 34.7% from the prior year.

EPS (Diluted)

$-0.04

YoY+33.3%

Solarwindow Tech earned $-0.04 per diluted share (EPS) in fiscal year 2025. This represents an increase of 33.3% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$1.5M

YoY+11.6%

Solarwindow Tech generated -$1.5M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 11.6% from the prior year.

Cash & Debt

$6.6M

YoY+424.7%

5Y CAGR-14.3%

10Y CAGR+39.9%

Solarwindow Tech held $6.6M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

66M

YoY+23.6%

5Y CAGR+4.4%

10Y CAGR+9.5%

Solarwindow Tech had 66M shares outstanding in fiscal year 2025. This represents an increase of 23.6% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

-35.0%

YoY+38.8pp

Solarwindow Tech's ROE was -35.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 38.8 percentage points from the prior year.

Capital Allocation

R&D Spending

$622K

YoY+4.7%

5Y CAGR-22.9%

10Y CAGR-0.9%

Solarwindow Tech invested $622K in research and development in fiscal year 2025. This represents an increase of 4.7% from the prior year.

Share Buybacks

N/A

Capital Expenditures

$38K

YoY+1833.7%

5Y CAGR+49.6%

10Y CAGR+9.2%

Solarwindow Tech invested $38K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 1833.7% from the prior year.

WNDW Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	N/A	$0	$0	N/A	N/A	N/A
Cost of Revenue	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
R&D Expenses	$622K+4.7%	$594K-22.3%	$765K-15.2%	$902K-45.6%	$1.7M-27.3%	$2.3M
SG&A Expenses	$1.7M-13.8%	$2.0M+30.1%	$1.5M-45.7%	$2.8M-54.7%	$6.3M+18.0%	$5.3M
Operating Income	-$2.4M+9.6%	-$2.6M-12.8%	-$2.3M+38.3%	-$3.7M+52.8%	-$7.9M-4.4%	-$7.6M
Interest Expense	$144K-40.4%	$242K-1.7%	$246K+446.6%	$45K+22.7%	$37K-85.3%	$250K
Income Tax	N/A	$0	$0	N/A	N/A	N/A
Net Income	-$2.3M+34.7%	-$3.5M-44.2%	-$2.4M+51.6%	-$4.9M+37.4%	-$7.9M-7.5%	-$7.4M
EPS (Diluted)	$-0.04+33.3%	$-0.06-50.0%	$-0.04+55.6%	$-0.09+40.0%	$-0.15	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$0
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	$171K+14.6%	$149K	N/A	$168K-3.3%	$173K+26.4%	$137K	N/A	$162K
SG&A Expenses	$453K-2.4%	$464K	N/A	$386K-22.2%	$496K+8.2%	$458K	N/A	$693K
Operating Income	-$624K-1.8%	-$613K	N/A	-$554K+17.3%	-$669K-12.4%	-$595K	N/A	-$855K
Interest Expense	$35K-18.6%	$42K	N/A	$13K-66.1%	$39K-11.5%	$44K	N/A	$81K
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$589K-3.3%	-$571K	N/A	-$546K+16.6%	-$654K-18.5%	-$552K	N/A	-$1.5M
EPS (Diluted)	$-0.010.0%	$-0.01	N/A	$-0.010.0%	$-0.010.0%	$-0.01	N/A	$-0.03

WNDW Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$6.6M+32.8%	$5.0M-34.3%	$7.6M-21.4%	$9.7M-29.4%	$13.7M-15.1%	$16.2M
Current Assets	$6.6M+32.3%	$5.0M-20.8%	$6.3M-24.6%	$8.4M-32.1%	$12.3M-16.7%	$14.8M
Cash & Equivalents	$6.6M+424.7%	$1.2M+153.6%	$493K-93.9%	$8.1M+13.3%	$7.1M-49.6%	$14.2M
Inventory	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
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$194K-39.6%	$322K+11.9%	$287K+142.6%	$118K-30.4%	$170K-99.5%	$32.1M
Current Liabilities	$194K-39.6%	$322K+11.9%	$287K+142.6%	$118K-30.4%	$170K-11.1%	$191K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$6.5M+37.8%	$4.7M-36.1%	$7.3M-23.4%	$9.6M-29.4%	$13.6M+184.9%	-$16.0M
Retained Earnings	-$81.1M-2.9%	-$78.8M-4.6%	-$75.4M-3.3%	-$73.0M-7.3%	-$68.0M-13.2%	-$60.1M

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Total Assets	$5.6M-9.1%	$6.1M-7.8%	$6.6M+94.0%	$3.4M-13.1%	$3.9M-13.3%	$4.5M-9.2%	$5.0M-11.2%	$5.6M
Current Assets	$5.5M-9.1%	$6.1M-8.3%	$6.6M+93.7%	$3.4M-13.3%	$3.9M-13.3%	$4.5M-9.2%	$5.0M-11.2%	$5.6M
Cash & Equivalents	$5.4M-8.6%	$5.9M-10.0%	$6.6M+102.5%	$3.2M-14.7%	$3.8M+426.1%	$722K-42.2%	$1.2M+48.5%	$841K
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	$278K+13.8%	$245K+25.9%	$194K-50.3%	$391K+9.3%	$358K-0.8%	$360K+12.1%	$322K-10.5%	$359K
Current Liabilities	$278K+13.8%	$245K+25.9%	$194K-50.3%	$391K+9.3%	$358K-0.8%	$360K+12.1%	$322K-10.5%	$359K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$5.3M-10.0%	$5.9M-8.8%	$6.5M+112.6%	$3.0M-15.3%	$3.6M-14.3%	$4.2M-10.6%	$4.7M-11.3%	$5.3M
Retained Earnings	-$82.3M-0.7%	-$81.7M-0.7%	-$81.1M-0.6%	-$80.6M-0.7%	-$80.0M-0.8%	-$79.4M-0.7%	-$78.8M-0.8%	-$78.2M

WNDW Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$1.5M+13.7%	-$1.7M+16.5%	-$2.1M+42.7%	-$3.6M-36.9%	-$2.7M-8.7%	-$2.4M
Capital Expenditures	$38K+1833.7%	$2K	$0-100.0%	$357K+367.6%	$76K+1417.4%	$5K
Free Cash Flow	-$1.5M+11.6%	-$1.7M+16.4%	-$2.1M+47.9%	-$4.0M-46.1%	-$2.7M-11.5%	-$2.5M
Investing Cash Flow	$3.0M+18.6%	$2.5M+145.4%	-$5.5M-218.5%	$4.6M+191.5%	-$5.1M-100758.2%	-$5K
Financing Cash Flow	$3.8M	N/A	N/A	N/A	$725K	N/A
Dividends Paid	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

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Cash Flow	-$506K+19.4%	-$628K-25.8%	-$499K+9.6%	-$552K-829.4%	$76K+114.3%	-$528K+10.8%	-$592K-65.2%	-$358K
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	$0	$0
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	-$592K-65.2%	-$358K
Investing Cash Flow	$0+100.0%	-$30K-0.9%	-$30K-265.8%	-$8K	N/A	N/A	$1.0M	$0
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
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

WNDW Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	-35.0%+38.8pp	-73.8%-41.1pp	-32.7%+19.0pp	-51.7%+6.6pp	-58.3%	N/A
Return on Assets	-34.0%+35.1pp	-69.1%-37.6pp	-31.4%+19.6pp	-51.1%+6.5pp	-57.6%-12.1pp	-45.5%
Current Ratio	34.00+18.5	15.52-6.4	21.95-48.7	70.64-1.8	72.40-4.8	77.22
Debt-to-Equity	0.03-0.0	0.07+0.0	0.04+0.0	0.010.0	0.01+2.0	-2.01
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

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	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	-11.1%-1.4pp	-9.7%	N/A	-18.0%+0.3pp	-18.3%-5.1pp	-13.2%	N/A	-27.7%
Return on Assets	-10.6%-1.3pp	-9.3%	N/A	-15.9%+0.7pp	-16.6%-4.5pp	-12.2%	N/A	-25.9%
Current Ratio	19.77-5.0	24.76-9.2	34.00+25.3	8.72-2.3	10.99-1.6	12.58-2.9	15.52-0.1	15.64
Debt-to-Equity	0.05+0.0	0.04+0.0	0.03-0.1	0.13+0.0	0.10+0.0	0.09+0.0	0.070.0	0.07
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

Is Solarwindow Tech profitable?

No, Solarwindow Tech (WNDW) reported a net income of -$2.3M in fiscal year 2025.

What is Solarwindow Tech's EBITDA?

Solarwindow Tech (WNDW) had EBITDA of -$2.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Solarwindow Tech's return on equity (ROE)?

Solarwindow Tech (WNDW) has a return on equity of -35.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Solarwindow Tech's free cash flow?

Solarwindow Tech (WNDW) generated -$1.5M in free cash flow during fiscal year 2025. This represents a 11.6% 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 Solarwindow Tech's operating cash flow?

Solarwindow Tech (WNDW) generated -$1.5M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Solarwindow Tech's total assets?

Solarwindow Tech (WNDW) had $6.6M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Solarwindow Tech's capital expenditures?

Solarwindow Tech (WNDW) invested $38K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Solarwindow Tech spend on research and development?

Solarwindow Tech (WNDW) invested $622K in research and development during fiscal year 2025.

How many shares does Solarwindow Tech have outstanding?

Solarwindow Tech (WNDW) had 66M shares outstanding as of fiscal year 2025.

What is Solarwindow Tech's current ratio?

Solarwindow Tech (WNDW) had a current ratio of 34.00 as of fiscal year 2025, which is generally considered healthy.

What is Solarwindow Tech's debt-to-equity ratio?

Solarwindow Tech (WNDW) had a debt-to-equity ratio of 0.03 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Solarwindow Tech's return on assets (ROA)?

Solarwindow Tech (WNDW) had a return on assets of -34.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Solarwindow Tech's cash runway?

Based on fiscal year 2025 data, Solarwindow Tech (WNDW) had $6.6M in cash against an annual operating cash burn of $1.5M. This gives an estimated cash runway of approximately 52 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 Solarwindow Tech's Piotroski F-Score?

Solarwindow Tech (WNDW) 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 Solarwindow Tech's earnings high quality?

Solarwindow Tech (WNDW) has an earnings quality ratio of 0.67x, 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 Solarwindow Tech cover its interest payments?

Solarwindow Tech (WNDW) has an interest coverage ratio of -16.3x, 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.

How financially healthy is Solarwindow Tech?

Solarwindow Tech (WNDW) scores 33 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.