NYSE:FVR · New York Stock Exchange
+$0.26 today
Vol 0.18M · Avg 0.12M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Stock Ticker Earnings Waterfall
NYSE:FVR · Revenue to Net Income
Key Ratios
Analysis
$69.1M of revenue converted into -$2.5M of net income for the selected period. Gross margin is -34.9% and net margin is -3.7%, showing how much revenue survives after costs and taxes. EPS is $-0.13, tying the income statement back to per-share earnings.
Revenue
—
Operating Income
—
Net Income
—
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $67.1M +12.0% | $59.9M +24.1% | $48.3M +21.1% | $39.9M +17.6% | $33.9M | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $76.0M +503.0% | $12.6M +8.8% | $11.6M +27.9% | $9.1M +32.5% | $6.8M | $725.6M | $804.0M | $882.4M |
| Gross Profit | -$8.8M -118.7% | $47.3M +29.0% | $36.7M +19.1% | $30.8M +13.8% | $27.1M | $8.9B | $7.6B | $6.2B |
| Gross Margin | -13.2% -92.1pp | 79.0% +3.0pp | 76.0% -1.3pp | 77.3% -2.6pp | 79.8% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $12.9M +163.5% | $4.9M -39.1% | $8.1M +580.5% | $1.2M -1.0% | $1.2M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | -$20.2M -132.5% | $62.0M +21.2% | $51.2M +41.8% | $36.1M +19.9% | $30.1M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $33.1M +8.6% | $30.5M +16.4% | $26.2M +17.2% | $22.4M +15.7% | $19.3M | $374.2M | $1.2B | $631.8M |
| EBITDA | $45.9M +97.8% | $23.2M -23.7% | $30.4M +1.5% | $30.0M +15.9% | $25.9M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 68.4% +29.7pp | 38.7% -24.3pp | 63.0% -12.2pp | 75.2% -1.1pp | 76.3% | 5.6% | 46.3% | 42.0% |
| Operating Income | $11.3M +177.0% | -$14.7M -1.6% | -$14.5M -174.6% | -$5.3M -74.3% | -$3.0M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 16.9% +41.4pp | -24.6% +5.4pp | -30.0% -16.8pp | -13.2% -4.3pp | -8.9% | 16.6% | 24.1% | 22.0% |
| Interest Income | $0 | $0 | $0 | $0 | $0 | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $18.0M -22.8% | $23.3M +27.1% | $18.4M +47.4% | $12.5M +32.9% | $9.4M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$16.5M -3.9% | -$15.9M -220.0% | $13.3M +4028.7% | $321.3K -6.1% | $342.0K | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | -$5.2M +83.0% | -$30.6M -2435.5% | -$1.2M +75.6% | -$4.9M -84.6% | -$2.7M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | -7.8% +43.4pp | -51.1% -48.6pp | -2.5% +9.9pp | -12.4% -4.5pp | -7.9% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $350.0K -39.7% | $580.0K +83.5% | $316.0K -26.6% | $430.2K +107.0% | $207.8K | $1.3B | -$1.6B | $745.2M |
| Net Income | -$3.8M +82.8% | -$22.2M -1919.4% | -$1.1M +75.4% | -$4.5M -59.8% | -$2.8M | $4.9B | $4.8B | $4.7B |
| Net Margin | -5.7% +31.4pp | -37.1% -34.8pp | -2.3% +8.9pp | -11.2% -3.0pp | -8.3% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | -$0 +87.1% | -$1 -1902.7% | -$0 +75.5% | -$0 -57.9% | -$0 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | -$0 +85.0% | -$1 -1902.7% | -$0 +75.5% | -$0 -57.9% | -$0 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $19.8M +23.0% | $16.1M +7.3% | $15.0M +0.0% | $15.0M +0.0% | $15.0M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $27.8M +73.3% | $16.1M +7.3% | $15.0M +0.0% | $15.0M +0.0% | $15.0M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
American Realty Investors, Inc.
NYSE:ARL
$342.75M
NexPoint Real Estate Finance, Inc.
NYSE:NREF
$296.48M
BRT Apartments Corp.
NYSE:BRT
$278.19M
Ares Commercial Real Estate Corporation
NYSE:ACRE
$250.77M
Chicago Atlantic Real Estate Finance, Inc.
NASDAQ:REFI
$227.64M
Modiv Inc.
NYSE:MDV
$184.69M
Belpointe PREP, LLC
AMEX:OZ
$176.97M
Seritage Growth Properties
NYSE:SRG
$149.82M
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does FVR generate?
FrontView REIT, Inc. (FVR) reported $67.11M of revenue in fiscal 2025.
Is FVR profitable?
FrontView REIT, Inc. (FVR) reported -$3.83M of net income, with a net margin of -5.7%.
Explore More
Continue the stock analysis
Jump to another research area for this company.