SCWorx Corp. (WORX) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the WORX SEC filings page.
SCWorx Corp. (WORX) reported $2.9M in revenue over the twelve months to Jun 30, 2026, up 3.1% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 11 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).
SCWorx’s shrinking revenue now carries better gross margins, but interest expense and financing dependence keep reported earnings and cash flow under pressure.
In FY2025, gross margin recovered to32.0% from24.9% while revenue contracted, pointing to mix or cost changes rather than volume-led improvement. Operating loss narrowed by about$301K , but$3.0M of interest expense overwhelmed that improvement, leaving net income far worse than the operating result.
The business remains cash-consuming: operating cash outflow widened from
The short-term balance-sheet position improved: the current ratio rose from 0.3x to 2.7x. Financing supplied
Financial Health Signals
Scored against emerging 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 SCWorx Corp.'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.
SCWorx Corp. held $1.6M in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations used $1.5M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and SCWorx Corp. scores 34/100 among other emerging companies.
SCWorx Corp. had 16M shares outstanding at the end of fiscal year 2025. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and SCWorx Corp. scores 5/100 among other emerging companies.
Not available for SCWorx Corp., and counted as zero in the overall score.
SCWorx Corp. reported revenue of $2.9M in fiscal year 2025, against $3.0M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and SCWorx Corp. scores 26/100 among other emerging companies.
SCWorx Corp.'s operations used $1.5M of cash in fiscal year 2025, against $1.1M used in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and SCWorx Corp. scores 20/100 among other emerging companies.
SCWorx Corp.'s cash, cash equivalents and investments came to $1.6M at the end of fiscal year 2025, against $744K of total liabilities. Balance Sheet ranks emerging companies on that comparison, and SCWorx Corp. scores 76/100 among other emerging companies.
SCWorx Corp. scores -5.85, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($335K) relative to total liabilities ($744K). 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.
SCWorx Corp. passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
SCWorx Corp. reported a net loss of $4.4M while operations used $1.5M of cash. With neither figure positive, the ratio between the two carries no quality signal.
SCWorx Corp. reported an operating loss of $959K against $3.0M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
SCWorx Corp. generated $706K in revenue in Q2 2026. This represents an increase of 3.4% from the same quarter a year earlier. Against the prior quarter it is down 5.2%.
SCWorx Corp.'s EBITDA was -$120K in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. Against the prior quarter it is up 11.0%.
SCWorx Corp. reported -$121K in net income in Q2 2026. This represents an increase of 93.7% from the same quarter a year earlier. Against the prior quarter it is up 30.4%.
Cash & Balance Sheet
SCWorx Corp. held $1.3M in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
SCWorx Corp.'s gross margin was 46.8% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 20.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.4 percentage points.
SCWorx Corp.'s operating margin was -17.1% in Q2 2026, reflecting core business profitability. This is up 25.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.1 percentage points.
SCWorx Corp.'s net profit margin was -17.1% in Q2 2026, showing the share of revenue converted to profit. Against the prior quarter it is up 6.2 percentage points. No change is given against Q2 2025: its reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
SCWorx Corp.'s ROE was -1.7% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 33.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.7 percentage points.
Capital Allocation
None of these metrics is reported for Q2 2026.
WORX Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $706K+3.4% | $745K+3.4% | $769K+13.8% | $706K-7.1% | $683K-8.0% | $720K-11.3% | $676K-25.8% | $760K-16.2% |
| Cost of Revenue | $376K-25.2% | $371K-36.4% | $418K-19.1% | $454K-27.6% | $502K+1.3% | $583K-3.3% | $517K-8.2% | $627K-5.9% |
| Gross Profit | $330K+83.1% | $374K+173.3% | $350K+121.2% | $252K+90.0% | $180K-26.8% | $137K-34.4% | $158K-54.3% | $133K-44.6% |
| SG&A Expenses | $187K-9.8% | $210K+15.1% | $265K+17.3% | $198K+0.6% | $207K+19.5% | $183K+14.4% | $226K+32.8% | $197K-70.7% |
| Operating Income | -$121K+58.8% | -$136K+59.3% | -$192K+49.4% | -$139K+64.7% | -$294K+4.4% | -$334K-87.2% | -$380K-748.9% | -$393K+54.1% |
| EBITDA | -$120K | -$135K | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $0-100.0% | $38K-73.3% | $135K+219.0% | $1.2M+3630.1% | $1.5M+4986.7% | $142K+70001.5% | $42K | $31K |
| Net Income | -$121K+93.7% | -$174K+63.5% | -$749K-283.6% | -$1.3M-208.9% | -$1.9M-465.1% | -$476K-166.6% | -$195K+92.4% | -$425K+50.5% |
| EPS (Basic) | -$1.35+98.4% | -$0.16+95.7% | $0.15+266.7% | -$0.15+44.4% | -$82.27-31542.3% | -$3.71-2550.0% | -$0.09+96.3% | -$0.27+64.5% |
| EPS (Diluted) | -$1.35 | -$0.16 | $0.15 | -$0.15 | -$82.27 | -$3.71 | -$0.09 | -$0.27+64.5% |
| Diluted Shares (Avg) | 89,269 | 1M | N/A | 8M | 23,169 | 128,359 | N/A | 2M+38.5% |
Not reported in any period shown, so not listed: R&D Expenses, Income Tax.
WORX Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $7.7M+16.0% | $7.8M+8.7% | $7.9M+24.4% | $7.2M+10.0% | $6.6M+2.0% | $7.2M+12.8% | $6.3M+1.1% | $6.5M-26.0% |
| Current Assets | $1.7M+111.4% | $1.8M+39.9% | $2.0M+302.0% | $1.3M+96.1% | $804K+19.6% | $1.3M+162.5% | $503K+15.5% | $680K+51.1% |
| Cash & Equivalents | $1.3M+271.4% | $1.3M+25.1% | $1.6M+1441.8% | $684K+680.6% | $340K+1870.6% | $1.1M+2608.1% | $107K+16.6% | $88K+21.0% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $262K-36.5% | $315K+79.5% | $313K-15.9% | $612K+11.8% | $412K-27.9% | $175K-55.2% | $373K+22.3% | $547K+69.5% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $5.8M0.0% | $5.8M0.0% | $5.8M0.0% | $5.8M0.0% | $5.8M0.0% | $5.8M0.0% | $5.8M0.0% | $5.8M-30.2% |
| Total Liabilities | $776K-35.1% | $727K-53.5% | $744K-59.9% | $1.2M-42.2% | $1.2M-58.9% | $1.6M-40.8% | $1.9M-23.4% | $2.0M-23.3% |
| Current Liabilities | $776K-34.7% | $727K-53.3% | $744K-59.5% | $1.2M-42.1% | $1.2M-59.1% | $1.6M-41.0% | $1.8M-21.3% | $2.0M-20.6% |
| Non-Current Liabilities | $0-100.0% | $0-100.0% | $0-100.0% | $2K-70.3% | $8K | $7K | $20K-78.2% | $7K-92.9% |
| Total Equity | $6.9M+27.2% | $7.0M+26.0% | $7.2M+59.3% | $6.0M+33.7% | $5.5M+51.0% | $5.6M+51.0% | $4.5M+16.5% | $4.5M-27.2% |
| Retained Earnings | -$35.7M-7.1% | -$35.6M-13.2% | -$35.4M-14.3% | -$34.7M-12.6% | -$33.4M-9.9% | -$31.5M-4.8% | -$31.0M-3.8% | -$30.8M-12.9% |
Not reported in any period shown, so not listed: Inventory, Long-Term Debt.
WORX Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$6K+99.1% | -$253K+37.5% | -$129K+4.0% | -$358K+41.3% | -$652K-132.1% | -$405K-580.2% | -$134K-28.2% | -$610K-63.5% |
| Depreciation & Amortization | $886 | $885 | N/A | N/A | N/A | N/A | N/A | N/A |
| Stock-Based Compensation | $4K | $12K | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$73K | -$65K | N/A | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | $0+100.0% | $16K-98.9% | $1.1M+629.9% | $702K+3.3% | -$80K-131.1% | $1.4M+17820.5% | $153K+473.2% | $680K+117.8% |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
WORX Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 46.8%+20.4pp | 50.2%+31.2pp | 45.6%+22.1pp | 35.7%+18.2pp | 26.4%-6.8pp | 19.0%-6.7pp | 23.4%-14.6pp | 17.4%-9.0pp |
| Operating Margin | -17.1%+25.9pp | -18.2%+28.1pp | -25.0%+31.3pp | -19.7%+32.1pp | -43.0%-1.6pp | -46.4%-24.4pp | -56.3%-51.4pp | -51.8%+42.9pp |
| Net Margin | -17.1% | -23.3%+42.8pp | -97.4%-68.5pp | -186.0% | -279.2% | -66.1%-44.1pp | -28.9% | -55.9%+38.8pp |
| Return on Equity | -1.7%+33.2pp | -2.5%+6.0pp | -10.5%-6.1pp | -21.9%-12.4pp | -35.0%-25.6pp | -8.5%-3.7pp | -4.3%+62.3pp | -9.5%+4.5pp |
| Return on Assets | -1.6%+27.1pp | -2.2%+4.4pp | -9.5%-6.4pp | -18.3%-11.8pp | -28.7%-23.5pp | -6.7%-3.8pp | -3.1%+37.8pp | -6.5%+3.2pp |
| Current Ratio | 2.19+1.5x | 2.53+1.7x | 2.72+2.4x | 1.13+0.8x | 0.68+0.4x | 0.84+0.7x | 0.27+0.1x | 0.33+0.2x |
| Debt-to-Equity | 0.11-0.1x | 0.10-0.2x | 0.10-0.3x | 0.20-0.3x | 0.22-0.6x | 0.28-0.4x | 0.41-0.2x | 0.450.0x |
| Asset Turnover | 0.090.0x | 0.100.0x | 0.100.0x | 0.100.0x | 0.100.0x | 0.100.0x | 0.110.0x | 0.120.0x |
Not reported in any period shown, so not listed: FCF Margin.
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: Net Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| SCWorx Corp. WORX | FY2025 | $2.9M | -$4.4M | N/A | $335K | 27/100 |
| Aclarion, Inc. ACON | FY2025 | $76K | -$7.2M | N/A | $6.7M | — |
| VSEE HEALTH INC VSEE | FY2025 | $14.6M | -$14.7M | N/A | $4.7M | — |
| Healthcare Triangle, Inc. HCTI | FY2025 | $13.9M | -$9.5M | -68.2% | $7.1M | 30/100 |
| Bullfrog AI Holdings, Inc. BFRG | FY2025 | $117K | -$6.5M | N/A | $12.0M | — |
Where SCWorx Corp. Ranks
Frequently Asked Questions
What is SCWorx Corp.'s annual revenue?
SCWorx Corp. (WORX) reported $2.9M in total revenue for fiscal year 2025. This represents a -3.7% 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 SCWorx Corp.'s revenue growing?
SCWorx Corp. (WORX) revenue declined by 3.7% year-over-year, from $3.0M to $2.9M in fiscal year 2025.
Is SCWorx Corp. profitable?
No, SCWorx Corp. (WORX) reported a net income of -$4.4M in fiscal year 2025.
What is SCWorx Corp.'s EBITDA?
SCWorx Corp. (WORX) had EBITDA of -$958K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is SCWorx Corp.'s gross margin?
SCWorx Corp. (WORX) had a gross margin of 32.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is SCWorx Corp.'s operating margin?
SCWorx Corp. (WORX) had an operating margin of -33.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is SCWorx Corp.'s return on equity (ROE)?
SCWorx Corp. (WORX) has a return on equity of -62.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is SCWorx Corp.'s operating cash flow?
SCWorx Corp. (WORX) recorded an outflow of $1.5M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are SCWorx Corp.'s total assets?
SCWorx Corp. (WORX) had $7.9M in total assets as of fiscal year 2025, including both current and long-term assets.
What is SCWorx Corp.'s current ratio?
SCWorx Corp. (WORX) had a current ratio of 2.72 as of fiscal year 2025, which is generally considered healthy.
What is SCWorx Corp.'s debt-to-equity ratio?
SCWorx Corp. (WORX) had a debt-to-equity ratio of 0.10 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is SCWorx Corp.'s return on assets (ROA)?
SCWorx Corp. (WORX) had a return on assets of -56.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is SCWorx Corp.'s P/E ratio?
SCWorx Corp. (WORX) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $335K as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is SCWorx Corp.'s price-to-sales ratio?
SCWorx Corp. (WORX) trades at 0.1x sales, its market capitalization divided by revenue of $2.9M revenue, trailing 12 months to June 30, 2026. The market capitalization is $335K as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does SCWorx Corp.'s liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, SCWorx Corp. (WORX) held $1.6M in cash, cash equivalents and investments, and reported an operating cash outflow of $1.5M over that year. Dividing the one by the other, the reported balance equals about 13 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 SCWorx Corp.'s Altman Z-Score?
SCWorx Corp. (WORX) has an Altman Z-Score of -5.85, 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 SCWorx Corp.'s Piotroski F-Score?
SCWorx Corp. (WORX) has a Piotroski F-Score of 3 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 SCWorx Corp.'s earnings high quality?
SCWorx Corp. (WORX) reported a net loss of $4.4M while operations used $1.5M 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.
Can SCWorx Corp. cover its interest payments?
SCWorx Corp. (WORX) reported an operating loss of $959K against $3.0M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. 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 SCWorx Corp.?
SCWorx Corp. (WORX) scores 27 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), 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.