XWELL, Inc. (XWEL) — Financial statements
Income statement, balance sheet, and cash flow for XWELL, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 29↓13.8% | 34↑12.6% | 30↓46.2% | 56↓24.1% | 74 | |
| Cost of Revenue | 23↓9.7% | 25↓5.5% | 26↓39.8% | 44↑6.1% | 41 | |
| Gross Profit | 7↓25.5% | 9↑142.3% | 4↓69.4% | 12↓62.8% | 32 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 16↑27.6% | 13↓3.2% | 13↓38.8% | 21↓12.5% | 24 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 8↓5.2% | 8↓20.4% | 10 | 0.00 | |
| SG&A Expenses | 16↓20.3% | 20↓4.0% | 21↓32.9% | 31↑28.8% | 24 | |
| Other Expenses | 0.00↓100.0% | 6↓49.5% | 11↓8.9% | 12↑198.2% | 4 | |
| Operating Expenses | 16↓37.6% | 26↓19.6% | 32↓26.2% | 43↑53.0% | 28 | |
| Total Costs & Expenses | 39↓23.8% | 51↓13.2% | 58↓33.0% | 87↑25.1% | 70 | |
| Operating Results | ||||||
| Operating Income | -9↑44.0% | -17↑40.8% | -28↑9.5% | -31↓858.8% | 4 | |
| Depreciation & Amortization | 2↑89.6% | 0.94↓73.5% | 4↓34.7% | 5↑69.6% | 3 | |
| EBITDA | -14↓26.9% | -11↑29.1% | -16↑17.6% | -19↓334.8% | 8 | |
| EBIT | -16↓31.7% | -12↑37.3% | -19↑21.4% | -25↓596.6% | 5 | |
| Interest & Other Income | ||||||
| Net Interest Income | 0.53↑162.2% | 0.20↑58.3% | 0.13↑262.8% | -0.08 | 0.00 | |
| Interest Income | 0.66↑73.9% | 0.38↓15.2% | 0.45↑16.7% | 0.38 | 0.00 | |
| Interest Expense | 0.13↓25.1% | 0.18↓44.2% | 0.32↓30.5% | 0.46 | 0.00 | |
| Non-Operating Income | 7↑243.0% | -5↑48.3% | -9↓34.7% | -7↓690.1% | -0.84 | |
| Other Income / Expenses | -7↓2626.7% | 0.27↑25.5% | 0.21↑115.0% | -1↓21.8% | -1 | |
| Income Before Tax | -16↑2.2% | -16↑41.3% | -28↑14.1% | -33↓1204.6% | 3 | |
| Income Tax Expense | 0.03↓40.8% | 0.05↑40.0% | 0.04↓36.4% | 0.06↓1.8% | 0.06 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -16↑2.3% | -16↑41.2% | -28↑14.1% | -33↓1227.9% | 3 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -17↓0.8% | -17↑39.2% | -28↑15.5% | -33↓1080.5% | 3 | |
| Bottom-Line Net Income | -28↓67.5% | -17↑39.2% | -28↑15.5% | -33↓1080.5% | 3 | |
| EPS (Basic) | -5.08↓38.8% | -3.66↑44.9% | -6.64↑4.7% | -6.97↓1261.7% | 0.60 | |
| EPS (Diluted) | -5.08↓38.8% | -3.66↑44.9% | -6.64↑4.7% | -6.97↓1261.7% | 0.60 | |
| Weighted Average Shares | 6↑20.6% | 5↑10.4% | 4↓10.8% | 5↓10.2% | 5 | |
| Weighted Average Diluted Shares | 6↑20.6% | 5↑10.4% | 4↓10.8% | 5↓10.9% | 5 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.