CHR revenueFY2025$148.84M
- FY YoY
- +1.1%
- 5Y CAGR
- +3.8%
CHR revenue was $148.84M for fiscal 2025 (ended Dec 31, 2025), up 1.1% from fiscal 2024. Compound annual growth was +3.8% over 5 years. It rose in 4 of the last 6 fiscal years.
Cheer Holding Inc. (CHR) financials
For fiscal 2025 (ended Dec 31, 2025), Cheer Holding Inc. reported $148.84M of revenue and $25.62M of net income.
- Revenue, FY2025
- $148.84M
- Revenue growth, YoY
- +1.1%
- Net income, FY2025
- $25.62M
- Net income growth, YoY
- -1.3%
- Net margin
- 17.2%
- EPS, diluted, FY2025
- $24.07
- Cash
- $242.08M
- P/E
- 0.13
- P/S
- 0.02
- Market cap
- $3.2M
FY2019FY2025
FY2019FY2025
FY2021FY2024
CHR revenue and earnings growth
CHR net incomeFY2025$25.62M
- FY YoY
- -1.3%
- 5Y CAGR
- -12.2%
CHR net income was $25.62M for fiscal 2025 (ended Dec 31, 2025), down 1.3% from fiscal 2024. Compound annual growth was -12.2% over 5 years. It rose in 2 of the last 6 fiscal years.
CHR EPSFY2025$24.07
CHR diluted EPS was $24.07 for fiscal 2025 (ended Dec 31, 2025).
CHR free cash flowFY2024$22.87M
- FY YoY
- -45.8%
CHR free cash flow was $22.87M for fiscal 2024 (ended Dec 31, 2024), down 45.8% from fiscal 2023. It rose in 1 of the last 3 fiscal years.
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 | $148.84M | $147.20M | $152.33M | $157.08M | $153.01M | $123.76M | $65.78M |
| Cost of revenue | $43.21M | $39.39M | $39.55M | $40.58M | $34.94M | - | - |
| Gross profit | $105.63M | $107.81M | $112.78M | $116.50M | $118.07M | - | - |
| Research and development | $5.17M | $3.43M | $1.64M | $1.33M | $920.0K | $691.0K | $749.0K |
| Selling, general and admin | $4.72M | $3.50M | $5.66M | $5.91M | $3.34M | $10.10M | $3.13M |
| Operating income | $26.29M | $25.59M | $29.29M | $26.73M | $36.29M | $30.67M | $26.84M |
| Interest expense | - | - | - | $93.0K | $513.0K | $282.0K | $295.0K |
| Pre-tax income | $25.69M | $25.93M | $30.59M | $26.85M | $36.33M | $50.63M | $26.59M |
| Income tax | $73.0K | -$34.0K | $61.0K | $413.0K | $976.0K | $1.67M | $191.0K |
| Net income | $25.62M | $25.97M | $30.48M | $26.89M | $35.29M | $48.99M | $26.32M |
| EPS, basic | $24.07 | $125.72 | $150.31 | $3.95 | $5.40 | $9.10 | $6.40 |
| EPS, diluted | $24.07 | $125.72 | $150.31 | $3.95 | $5.40 | $8.30 | $5.70 |
| Diluted shares | 1.1M | 206,544 | 172,750 | 6.8M | 6.5M | 5.9M | 4.6M |
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 | $242.08M | $197.66M | $194.53M | $70.48M | $77.30M | $17.73M | $6.92M |
| Short-term investments | - | - | - | - | - | $1.73M | - |
| Receivables | $79.68M | $77.07M | $81.17M | $98.03M | $63.13M | $81.11M | $51.06M |
| Current assets | $366.58M | $305.57M | $306.87M | $183.84M | $153.54M | $103.12M | $60.48M |
| Total assets | $401.69M | $346.59M | $327.63M | $205.96M | $195.17M | $143.40M | $79.71M |
| Current liabilities | $31.79M | $39.90M | $46.22M | $32.90M | $34.56M | $35.36M | $15.74M |
| Short-term debt | $7.65M | $12.51M | $4.66M | $6.1K | - | - | - |
| Total debt | - | - | $1.41M | - | - | - | - |
| Total liabilities | $31.92M | $41.52M | $47.63M | $33.46M | $35.71M | $38.95M | $17.45M |
| Shareholders' equity | $369.68M | $304.99M | $280.01M | $172.50M | $159.46M | $104.45M | $62.26M |
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 | $17.94M | $22.88M | $42.17M | $7.74M | $46.45M | $8.74M | $26.09M |
| Capital expenditures | - | $1.0K | $3.0K | $25.0K | $72.0K | - | - |
| Free cash flow | - | $22.87M | $42.17M | $7.71M | $46.38M | - | - |
| Investing cash flow | -$709.0K | -$24.86M | -$3.0K | -$7.99M | -$1.05M | -$4.42M | -$15.32M |
| Financing cash flow | $17.82M | $10.55M | $82.02M | $508.0K | $13.29M | $5.38M | -$6.22M |
| Stock-based compensation | - | - | - | $391.0K | $181.0K | $1.78M | - |
| Depreciation and amortization | $6.88M | $3.78M | $3.38M | $2.88M | $2.09M | $2.91M | $739.0K |
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 | 1.1% | -3.4% | -3.0% | 2.7% | 23.6% | 88.2% | - |
| Net income growth, YoY | -1.3% | -14.8% | 13.3% | -23.8% | -28.0% | 86.1% | - |
| EPS growth, YoY | - | -16.4% | - | -26.9% | -34.9% | 45.6% | - |
| Gross margin | 71.0% | 73.2% | 74.0% | 74.2% | 77.2% | - | - |
| Operating margin | 17.7% | 17.4% | 19.2% | 17.0% | 23.7% | 24.8% | 40.8% |
| Net margin | 17.2% | 17.6% | 20.0% | 17.1% | 23.1% | 39.6% | 40.0% |
| Free cash flow margin | - | 15.5% | 27.7% | 4.9% | 30.3% | - | - |
| Return on equity | 6.9% | 8.5% | 10.9% | 15.6% | 22.1% | 46.9% | 42.3% |
| Return on assets | 6.4% | 7.5% | 9.3% | 13.1% | 18.1% | 34.2% | 33.0% |
| Current ratio | 11.53 | 7.66 | 6.64 | 5.59 | 4.44 | 2.92 | 3.84 |
| Debt to equity | - | - | 0.01 | - | - | - | - |
Income statement
| Line item | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 |
|---|---|---|---|---|---|
| Revenue | $9.76M | - | - | - | $13.75M |
| Cost of revenue | $4.99M | - | - | - | $8.21M |
| Gross profit | $4.77M | - | - | - | $5.54M |
| Research and development | $206.0K | - | - | - | $197.0K |
| Selling, general and admin | $1.29M | $3.12M | $0 | -$624.0K | $639.0K |
| Operating income | $2.89M | $28.27M | -$690.5K | -$482.8K | $4.45M |
| Pre-tax income | $2.84M | - | - | - | $4.31M |
| Income tax | -$5.0K | - | - | - | $172.0K |
| Net income | $2.90M | $23.36M | $552.3K | $1.16M | $4.14M |
| EPS, basic | $0.60 | - | -$1.00 | -$0.60 | $1.00 |
| EPS, diluted | $0.60 | - | -$1.00 | -$0.60 | $0.90 |
| Diluted shares | 5.1M | - | 696,368.6 | 691,937.5 | 4.6M |
Balance sheet
| Line item | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 |
|---|---|---|---|---|---|
| Cash and equivalents | $9.96M | $6.92M | $47.3K | $141.1K | $126.3K |
| Receivables | $55.00M | $51.06M | - | - | - |
| Current assets | $67.52M | $60.48M | $122.9K | $253.4K | $278.3K |
| Total assets | $85.68M | $79.71M | $256.41M | $255.30M | $253.68M |
| Current liabilities | $20.71M | $15.74M | $203.8K | $493.9K | $35.9K |
| Total liabilities | $23.47M | $17.45M | $1.05M | - | - |
| Shareholders' equity | $62.21M | $62.26M | $5.00M | $5.00M | $29.14M |
Cash flow
| Line item | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 |
|---|---|---|---|---|---|
| Operating cash flow | -$1.12M | $27.30M | -$593.8K | -$3.34M | $2.72M |
| Investing cash flow | - | - | - | - | -$2.35M |
| Financing cash flow | $4.32M | -$7.07M | $500.0K | $1.87M | -$1.52M |
| Stock-based compensation | $75.0K | - | - | - | - |
| Depreciation and amortization | $448.0K | - | - | - | $61.0K |
Key ratios
| Line item | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 |
|---|---|---|---|---|---|
| Revenue growth, YoY | -29.1% | - | - | - | - |
| Net income growth, YoY | -30.0% | - | - | - | - |
| EPS growth, YoY | -33.3% | - | - | - | - |
| Gross margin | 48.8% | - | - | - | 40.3% |
| Operating margin | 29.7% | - | - | - | 32.3% |
| Net margin | 29.7% | - | - | - | 30.1% |
| Current ratio | 3.26 | 3.84 | 0.60 | 0.51 | 7.74 |
Source: XBRL data Cheer Holding Inc. files with the SEC, latest filing dated Mar 20, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.
Per-share figures and share counts are restated for stock splits the filings show: 1-for-10, first reported Mar 14, 2024.
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.
CHR peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| CHR | $148.84M | +1.1% | $25.62M | 17.2% | $3.2M |
| ADP | $22.26B | +6.5% | $4.53B | 20.3% | $117.95B |
| INFY | $20.16B | +4.6% | $3.31B | 16.4% | $50.83B |
| WDAY | $10.15B | +13.3% | $1.25B | 12.3% | $47.75B |
| ZS | $3.35B | +25.4% | -$63.18M | -1.9% | $36.49B |
| CTSH | $21.89B | +5.0% | $2.57B | 11.8% | $29.10B |
| VRSN | $1.73B | +6.5% | $849.80M | 49.1% | $27.66B |
| VRSK | $3.10B | +5.9% | $910.20M | 29.3% | $26.23B |
| IOT | $1.85B | +29.5% | $90.55M | 4.9% | $24.54B |
CHR FAQ
8 questionsWhat is CHR revenue?
Cheer Holding Inc. (CHR) reported $148.84M of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 1.1% from the year before.Is CHR profitable?
Yes. Cheer Holding Inc. earned $25.62M in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 17.2%.How much cash and debt does CHR have?
Cheer Holding Inc. reported $242.08M in cash and cash equivalents on its most recent balance sheet in SEC filings.How fast is CHR revenue growing?
Cheer Holding Inc.'s revenue changed +1.1% in fiscal 2025, to $148.84M. Its compound annual growth rate was +3.8% over 5 years.What is CHR gross margin?
Cheer Holding Inc.'s gross profit was $105.63M on $148.84M of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 71.0%.What is CHR earnings per share?
Diluted earnings per share were $24.07 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.When did CHR last report financial results?
The latest statements here come from Cheer Holding Inc.'s 20-F filed on Mar 20, 2026, covering the period ended Dec 31, 2025.Where does this CHR financial data come from?
Quantisnow builds these statements from the structured XBRL data Cheer Holding Inc. files with the SEC. It is provided for information only and is not investment advice.