ADSE revenueFY2025€31.56M
- FY YoY
- -71.3%
- 5Y CAGR
- -7.8%
ADSE revenue was €31.56M for fiscal 2025 (ended Dec 31, 2025), down 71.3% from fiscal 2024. Compound annual growth was -7.8% over 5 years. It rose in 3 of the last 6 fiscal years.
ADS-TEC ENERGY PLC (ADSE) financials
For fiscal 2025 (ended Dec 31, 2025), ADS-TEC ENERGY PLC reported €31.56M of revenue and -€55.19M of net income. Figures are in EUR, the currency of its SEC filings.
- Revenue, FY2025
- €31.56M
- Revenue growth, YoY
- -71.3%
- Net income, FY2025
- -€55.19M
- Net margin
- -174.9%
- Free cash flow, FY2025
- -€39.87M
- EPS, diluted, FY2025
- -€0.98
- Cash
- €6.99M
- Total debt
- €59.18M
FY2019FY2025
FY2019FY2025
FY2019FY2025
ADSE revenue and earnings growth
ADSE net incomeFY2025-€55.19M
ADSE net income was -€55.19M for fiscal 2025 (ended Dec 31, 2025), compared with -€97.96M in fiscal 2024.
ADSE EPSFY2025-€0.98
ADSE diluted EPS was -€0.98 for fiscal 2025 (ended Dec 31, 2025), compared with -€1.91 in fiscal 2024.
ADSE free cash flowFY2025-€39.87M
ADSE free cash flow was -€39.87M for fiscal 2025 (ended Dec 31, 2025), compared with -€17.24M in fiscal 2024.
Income statement
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | €31.56M | €110.01M | €107.38M | €26.43M | €33.03M | €47.37M | €19.09M |
| Cost of revenue | €47.84M | €90.58M | €110.27M | €30.90M | €35.31M | €45.55M | €22.22M |
| Gross profit | -€16.28M | €19.43M | -€2.89M | -€4.47M | -€2.27M | €1.82M | -€3.13M |
| Research and development | €8.49M | €8.97M | €2.83M | €1.70M | €2.01M | €749.0K | €473.0K |
| Selling, general and admin | €32.80M | €31.59M | €27.82M | €31.32M | €13.32M | €7.57M | €5.92M |
| Operating income | -€56.69M | -€8.61M | -€44.52M | -€36.42M | -€18.64M | -€8.19M | -€9.68M |
| Interest expense | €20.80M | €10.92M | €13.89M | €427.0K | €338.0K | €261.0K | €114.0K |
| Pre-tax income | -€55.45M | -€97.47M | -€58.22M | -€16.34M | -€87.23M | -€10.32M | -€10.56M |
| Income tax | -€257.0K | €491.0K | -€3.14M | €2.57M | €413.0K | -€45.0K | €1.49M |
| Net income | -€55.19M | -€97.96M | -€55.08M | -€18.91M | -€87.64M | -€10.28M | -€12.05M |
| EPS, basic | -€0.98 | -€1.91 | -€1.13 | -€0.39 | -€3.46 | -€320.86 | -€0.38 |
| EPS, diluted | -€0.98 | -€1.91 | -€1.13 | -€0.39 | -€3.46 | -€320.86 | -€0.38 |
| Diluted shares | 56.4M | 51.2M | 48.9M | 48.8M | 25.3M | 32,000 | 32,039 |
Balance sheet
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | €6.99M | €22.86M | €29.16M | €34.44M | €101.81M | €18.0K | €9.32M |
| Receivables | €7.63M | €14.93M | €21.23M | €17.67M | €11.30M | €4.0K | - |
| Inventory | €78.20M | €77.66M | €53.01M | - | - | - | - |
| Current assets | €66.56M | €115.04M | €89.51M | €105.25M | €127.15M | €25.32M | - |
| Total assets | €90.25M | €145.23M | €124.41M | €139.44M | €151.22M | €45.33M | - |
| Current liabilities | €85.64M | €61.85M | €60.35M | €42.37M | €30.44M | €23.47M | - |
| Long-term debt | €59.18M | €126.38M | - | - | - | - | - |
| Total debt | €59.18M | €126.38M | €5.01M | €0 | - | - | - |
| Total liabilities | €101.07M | €188.04M | €90.49M | €58.70M | €54.33M | €53.92M | - |
| Shareholders' equity | -€10.82M | -€42.81M | €33.92M | €80.75M | €96.89M | -€8.59M | €1.69M |
Cash flow
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -€36.98M | -€16.29M | -€20.66M | -€57.80M | -€18.30M | -€12.58M | -€19.89M |
| Capital expenditures | €2.88M | €958.0K | €2.30M | €3.48M | €1.58M | €1.06M | €1.32M |
| Free cash flow | -€39.87M | -€17.24M | -€22.96M | -€61.29M | -€19.88M | -€13.64M | -€21.21M |
| Investing cash flow | -€3.26M | -€1.30M | -€9.92M | -€10.87M | -€5.58M | -€6.62M | -€5.85M |
| Financing cash flow | €24.05M | €10.60M | €25.49M | -€8.65M | €125.95M | €9.90M | €13.52M |
| Stock-based compensation | €2.65M | €3.87M | €1.45M | €2.77M | €58.52M | - | - |
| Depreciation and amortization | - | - | €4.85M | €4.34M | €3.48M | €1.64M | €573.0K |
Key ratios
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | -71.3% | 2.4% | 306.3% | -20.0% | -30.3% | 148.2% | - |
| Gross margin | -51.6% | 17.7% | -2.7% | -16.9% | -6.9% | 3.8% | -16.4% |
| Operating margin | -179.6% | -7.8% | -41.5% | -137.8% | -56.4% | -17.3% | -50.7% |
| Net margin | -174.9% | -89.0% | -51.3% | -71.5% | -265.3% | -21.7% | -63.1% |
| Free cash flow margin | -126.3% | -15.7% | -21.4% | -231.9% | -60.2% | -28.8% | -111.1% |
| Return on equity | - | - | -162.4% | -23.4% | -90.5% | - | -712.6% |
| Return on assets | -61.2% | -67.5% | -44.3% | -13.6% | -58.0% | -22.7% | - |
| Current ratio | 0.78 | 1.86 | 1.48 | 2.48 | 4.18 | 1.08 | - |
| Debt to equity | - | - | 0.15 | 0.00 | - | - | - |
Source: XBRL data ADS-TEC ENERGY PLC files with the SEC, latest filing dated May 15, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.
ADSE peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| ADSE | €31.56M | -71.3% | -€55.19M | -174.9% | $698.7M |
| ISRG | $11.58B | +20.5% | $2.96B | 25.5% | $159.65B |
| EW | $6.67B | +13.4% | $1.02B | 15.3% | $60.21B |
| STE | $6.17B | +8.1% | $826.90M | 13.4% | $24.95B |
| ZBH | $8.57B | +7.0% | $767.30M | 9.0% | $20.50B |
| MAS | $7.67B | +0.9% | $926.00M | 12.1% | $16.56B |
| SNN | $6.16B | +6.1% | $625.00M | 10.1% | $13.00B |
| ALGN | $4.16B | +4.4% | $491.87M | 11.8% | $12.28B |
| AIT | $5.06B | +8.5% | $424.12M | 8.4% | $10.86B |
ADSE FAQ
9 questionsWhat is ADSE revenue?
ADS-TEC ENERGY PLC (ADSE) reported €31.56M of revenue for fiscal 2025 (ended Dec 31, 2025). That is down 71.3% from the year before.Is ADSE profitable?
No. ADS-TEC ENERGY PLC reported a net loss of €55.19M for fiscal 2025 (ended Dec 31, 2025).How much cash and debt does ADSE have?
ADS-TEC ENERGY PLC reported €6.99M in cash and cash equivalents and €59.18M of debt on its most recent balance sheet in SEC filings.How fast is ADSE revenue growing?
ADS-TEC ENERGY PLC's revenue changed -71.3% in fiscal 2025, to €31.56M. Its compound annual growth rate was -7.8% over 5 years.What is ADSE gross margin?
ADS-TEC ENERGY PLC's gross profit was -€16.28M on €31.56M of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of -51.6%.What is ADSE free cash flow?
ADS-TEC ENERGY PLC generated -€39.87M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of -€36.98M less capital expenditures.What is ADSE earnings per share?
Diluted earnings per share were -€0.98 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.When did ADSE last report financial results?
The latest statements here come from ADS-TEC ENERGY PLC's 20-F filed on May 15, 2026, covering the period ended Dec 31, 2025.Where does this ADSE financial data come from?
Quantisnow builds these statements from the structured XBRL data ADS-TEC ENERGY PLC files with the SEC. It is provided for information only and is not investment advice.