HOLO revenueFY2025$56.52M
- FY YoY
- +38.6%
HOLO revenue was $56.52M for fiscal 2025 (ended Dec 31, 2025), up 38.6% from fiscal 2024. It rose in 3 of the last 4 fiscal years.
MicroCloud Hologram Inc. (HOLO) financials
For fiscal 2025 (ended Dec 31, 2025), MicroCloud Hologram Inc. reported $56.52M of revenue and -$7.02M of net income.
- Revenue, FY2025
- $56.52M
- Revenue growth, YoY
- +38.6%
- Net income, FY2025
- -$7.02M
- Net margin
- -12.4%
- Free cash flow, FY2025
- $7.88M
- EPS, diluted, FY2025
- -$0.56
- Cash
- $262.26M
- P/S
- 0.44
- Market cap
- $25.1M
FY2021FY2025
FY2020FY2025
FY2021FY2025
HOLO revenue and earnings growth
HOLO net incomeFY2025-$7.02M
HOLO net income was -$7.02M for fiscal 2025 (ended Dec 31, 2025), compared with -$9.02M in fiscal 2024.
HOLO EPSFY2025-$0.56
HOLO diluted EPS was -$0.56 for fiscal 2025 (ended Dec 31, 2025).
HOLO free cash flowFY2025$7.88M
HOLO free cash flow was $7.88M for fiscal 2025 (ended Dec 31, 2025), compared with -$13.85M 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 |
|---|---|---|---|---|---|---|
| Revenue | $56.52M | $40.76M | $28.89M | $72.51M | $56.28M | - |
| Cost of revenue | $44.49M | $31.57M | $18.35M | $39.33M | $17.05M | - |
| Gross profit | $12.02M | $9.19M | $10.54M | $33.18M | $39.24M | - |
| Research and development | $7.97M | $24.49M | $11.16M | $49.23M | $22.81M | - |
| Selling, general and admin | $2.69M | $3.27M | $9.27M | $3.41M | $3.15M | $0 |
| Operating income | $364.6K | -$19.40M | -$10.92M | -$21.21M | $12.37M | - |
| Interest expense | - | - | - | - | $50.0K | - |
| Pre-tax income | -$7.02M | -$8.66M | -$12.17M | -$20.40M | $12.63M | -$32.3K |
| Income tax | - | $356.5K | -$587.4K | -$122.8K | -$124.7K | $0 |
| Net income | -$7.02M | -$9.02M | -$11.58M | -$20.28M | $12.75M | -$32.3K |
| EPS, basic | -$0.56 | -$0.71 | -$5.33 | - | - | - |
| EPS, diluted | -$0.56 | -$0.71 | -$5.33 | - | $1454000.00 | - |
| Diluted shares | 13.2M | 319,503 | 6,552 | 100,358 | 13.2M | - |
Balance sheet
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 |
|---|---|---|---|---|---|---|
| Cash and equivalents | $262.26M | $118.45M | $17.80M | $21.91M | $7.56M | $4.82M |
| Short-term investments | $127.92M | $100.95M | - | - | - | - |
| Receivables | $3.15M | $3.27M | $1.39M | $11.65M | $10.71M | - |
| Inventory | $16.8K | $106.5K | $194.0K | $254.9K | $302.2K | - |
| Current assets | $395.01M | $224.12M | $21.48M | $34.72M | $20.74M | $18.1K |
| Goodwill | - | - | - | $3.07M | $3.32M | - |
| Total assets | $395.33M | $224.65M | $22.67M | $40.90M | $27.84M | $47.7K |
| Current liabilities | $11.78M | $4.29M | $2.43M | $11.76M | $9.91M | $87.3K |
| Total debt | - | - | - | - | $0 | - |
| Total liabilities | $11.78M | $4.44M | $2.73M | $12.36M | $10.22M | $87.3K |
| Shareholders' equity | $382.82M | $220.21M | $19.94M | $28.55M | $17.62M | $4.88M |
Cash flow
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 |
|---|---|---|---|---|---|---|
| Operating cash flow | $7.89M | -$13.85M | -$3.94M | -$20.01M | $16.16M | -$32.3K |
| Capital expenditures | $14.0K | $1.7K | $109.9K | $270.8K | $21.3K | - |
| Free cash flow | $7.88M | -$13.85M | -$4.05M | -$20.28M | $16.14M | - |
| Investing cash flow | -$40.65M | -$95.01M | -$195.1K | $1.71M | -$13.20M | $0 |
| Financing cash flow | $176.41M | $209.63M | $312.8K | $33.27M | -$204.2K | $50.3K |
| Stock-based compensation | - | $133.8K | $4.56M | - | - | - |
Key ratios
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 |
|---|---|---|---|---|---|---|
| Revenue growth, YoY | 38.6% | 41.1% | -60.2% | 28.8% | - | - |
| Gross margin | 21.3% | 22.5% | 36.5% | 45.8% | 69.7% | - |
| Operating margin | 0.6% | -47.6% | -37.8% | -29.3% | 22.0% | - |
| Net margin | -12.4% | -22.1% | -40.1% | -28.0% | 22.7% | - |
| Free cash flow margin | 13.9% | -34.0% | -14.0% | -28.0% | 28.7% | - |
| Return on equity | -1.8% | -4.1% | -58.1% | -71.0% | 72.3% | -0.7% |
| Return on assets | -1.8% | -4.0% | -51.1% | -49.6% | 45.8% | -67.7% |
| Current ratio | 33.54 | 52.19 | 8.83 | 2.95 | 2.09 | 0.21 |
| Debt to equity | - | - | - | - | 0.00 | - |
Income statement
| Line item | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.58M | $12.82M | $24.24M | $11.23M | $24.22M | - | - | - | - | - | - | - |
| Cost of revenue | $2.69M | $6.75M | $14.82M | $4.34M | $13.43M | - | - | - | - | - | - | - |
| Gross profit | $3.89M | $6.08M | $9.42M | $6.89M | $10.79M | - | - | -$143.2K | -$56.8K | - | - | -$4.8K |
| Research and development | $4.11M | $31.68M | $6.89M | $4.10M | $6.55M | - | - | - | - | - | - | - |
| Selling, general and admin | $1.11M | $952.2K | $879.9K | $122.9K | $684.6K | $2.55M | $395.9K | $143.3K | $56.8K | -$9.8K | $4.9K | $4.8K |
| Operating income | -$3.81M | -$27.04M | $1.03M | $1.52M | $3.28M | - | - | - | - | - | - | - |
| Interest expense | - | - | - | $0 | $50.0K | $0 | $0 | - | - | - | - | - |
| Pre-tax income | -$3.64M | -$27.04M | $1.72M | -$103.8K | $3.35M | $13.22M | -$394.3K | -$143.2K | -$56.8K | -$22.5K | -$4.9K | -$4.8K |
| Income tax | -$28.4K | $54.7K | $57.3K | -$178.0K | -$56.7K | -$124.7K | $0 | - | - | $0 | $0 | - |
| Net income | -$3.61M | -$27.09M | $1.66M | -$103.8K | $3.41M | $13.34M | $990.0K | -$143.2K | -$56.8K | -$22.5K | -$4.9K | -$4.8K |
| EPS, basic | - | - | - | - | - | - | -$0.05 | -$0.08 | - | - | -$490.00 | -$480.00 |
| EPS, diluted | - | - | - | - | - | - | -$0.05 | -$0.08 | - | - | -$490.00 | -$480.00 |
| Diluted shares | - | - | - | - | - | - | 1.7M | 1.5M | - | - | 10 | 10 |
Balance sheet
| Line item | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $20.33M | $21.91M | $46.96M | $0 | $6.92M | $7.56M | $35.9K | $509.6K | $2.8K | $4.82M | $158 | $87 |
| Receivables | $9.58M | $11.65M | $13.38M | - | - | $10.71M | - | - | - | - | - | - |
| Inventory | $274.8K | $254.9K | $148.6K | - | - | $302.2K | - | - | - | - | - | - |
| Current assets | $31.06M | $34.72M | $62.45M | $167 | $74.2K | $20.74M | $181.6K | $520.2K | - | $18.1K | - | - |
| Goodwill | $3.08M | $3.07M | $2.97M | - | - | $3.32M | - | - | - | - | - | - |
| Total assets | $37.09M | $40.90M | $69.12M | $58.36M | $58.16M | $27.84M | $58.26M | $58.60M | - | $47.7K | - | - |
| Current liabilities | $11.50M | $11.76M | $13.18M | $634.8K | $394.3K | $9.91M | $112.2K | $54.9K | - | $87.3K | - | - |
| Total debt | - | - | - | $191.7K | - | $0 | - | - | - | - | - | - |
| Total liabilities | $12.02M | $12.36M | $13.84M | $2.79M | $2.52M | $10.22M | $2.17M | $2.12M | - | $87.3K | - | - |
| Shareholders' equity | $25.14M | $28.55M | $54.92M | $21.03M | -$2.45M | $17.62M | $12.20M | $11.21M | -$71.4K | $4.88M | -$17.2K | -$12.3K |
Cash flow
| Line item | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$1.46M | -$24.89M | $5.14M | -$532.7K | $272.0K | $16.87M | -$528.8K | -$132.3K | -$42.4K | -$22.5K | -$4.9K | - |
| Capital expenditures | $31.2K | $15.6K | - | - | $706 | - | - | - | - | - | - | - |
| Free cash flow | -$1.50M | -$24.91M | - | - | $271.3K | - | - | - | - | - | - | - |
| Investing cash flow | -$118.9K | -$428.3K | $2.18M | $1.01M | -$1.05M | $44.88M | -$669 | - | - | $0 | - | - |
| Financing cash flow | -$102.3K | $278.7K | $32.74M | $118.3K | $139.1K | -$59.00M | $55.8K | $58.71M | $27.1K | $40.4K | $5.0K | - |
| Dividends paid | - | - | - | - | $993 | - | - | - | - | - | - | - |
Key ratios
| Line item | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | -72.8% | - | - | - | - | - | - | - | - | - | - | - |
| Net income growth, YoY | - | - | 67.7% | - | - | - | - | - | - | - | - | - |
| Gross margin | 59.0% | 47.4% | 38.9% | 61.4% | 44.5% | - | - | - | - | - | - | - |
| Operating margin | -57.8% | -210.9% | 4.2% | 13.6% | 13.5% | - | - | - | - | - | - | - |
| Net margin | -54.9% | -211.3% | 6.8% | -0.9% | 14.1% | - | - | - | - | - | - | - |
| Free cash flow margin | -22.7% | -194.3% | - | - | 1.1% | - | - | - | - | - | - | - |
| Current ratio | 2.70 | 2.95 | 4.74 | 0.00 | 0.19 | 2.09 | 1.62 | 9.48 | - | 0.21 | - | - |
| Debt to equity | - | - | - | 0.01 | - | 0.00 | - | - | - | - | - | - |
Source: XBRL data MicroCloud Hologram Inc. files with the SEC, latest filing dated Mar 27, 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 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.
HOLO peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| HOLO | $56.52M | +38.6% | -$7.02M | -12.4% | $25.1M |
| GOOGL | $471.10B | +22.2% | $235.69B | 50.0% | $3.50T |
| GOOG | $471.10B | +22.2% | $235.69B | 50.0% | $3.49T |
| META | $241.61B | +27.5% | $75.25B | 31.1% | $1.56T |
| APP | $7.61B | +57.8% | $5.01B | 65.9% | $129.62B |
| NBIS | $529.80M | +479.0% | $82.50M | 15.6% | $35.20B |
| BIDU | CN¥129.08B | -3.0% | CN¥5.59B | 4.3% | $27.85B |
HOLO FAQ
9 questionsWhat is HOLO revenue?
MicroCloud Hologram Inc. (HOLO) reported $56.52M of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 38.6% from the year before.Is HOLO profitable?
No. MicroCloud Hologram Inc. reported a net loss of $7.02M for fiscal 2025 (ended Dec 31, 2025).How much cash and debt does HOLO have?
MicroCloud Hologram Inc. reported $262.26M in cash and cash equivalents on its most recent balance sheet in SEC filings.How fast is HOLO revenue growing?
MicroCloud Hologram Inc.'s revenue changed +38.6% in fiscal 2025, to $56.52M.What is HOLO gross margin?
MicroCloud Hologram Inc.'s gross profit was $12.02M on $56.52M of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 21.3%.What is HOLO free cash flow?
MicroCloud Hologram Inc. generated $7.88M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of $7.89M less capital expenditures.What is HOLO earnings per share?
Diluted earnings per share were -$0.56 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.When did HOLO last report financial results?
The latest statements here come from MicroCloud Hologram Inc.'s 20-F filed on Mar 27, 2026, covering the period ended Dec 31, 2025.Where does this HOLO financial data come from?
Quantisnow builds these statements from the structured XBRL data MicroCloud Hologram Inc. files with the SEC. It is provided for information only and is not investment advice.