HUDI revenueFY2025$62.90M
- FY YoY
- -15.3%
- 5Y CAGR
- +115.0%
HUDI revenue was $62.90M for fiscal 2025 (ended Sep 30, 2025), down 15.3% from fiscal 2024. Compound annual growth was +115.0% over 5 years. It rose in 3 of the last 5 fiscal years.
Huadi International Group Co. Ltd. (HUDI) financials
For fiscal 2025 (ended Sep 30, 2025), Huadi International Group Co. Ltd. reported $62.90M of revenue and -$1.40M of net income.
- Revenue, FY2025
- $62.90M
- Revenue growth, YoY
- -15.3%
- Net income, FY2025
- -$1.40M
- Net margin
- -2.2%
- Free cash flow, FY2025
- -$9.94M
- EPS, diluted, FY2025
- -$0.10
- Cash
- $6.48M
- Total debt
- $8.07M
- P/S
- 0.11
- Market cap
- $7.2M
FY2020FY2025
FY2018FY2025
FY2018FY2025
HUDI revenue and earnings growth
HUDI net incomeFY2025-$1.40M
HUDI net income was -$1.40M for fiscal 2025 (ended Sep 30, 2025), compared with $137.4K in fiscal 2024.
HUDI EPSFY2025-$0.10
HUDI diluted EPS was -$0.10 for fiscal 2025 (ended Sep 30, 2025), compared with $0.01 in fiscal 2024.
HUDI free cash flowFY2025-$9.94M
HUDI free cash flow was -$9.94M for fiscal 2025 (ended Sep 30, 2025), compared with $12.69M in fiscal 2024.
Income statement
| Line item | Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Sep 30, 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $62.90M | $74.27M | $84.33M | $76.37M | $3.24M | $1.37M | - | - |
| Cost of revenue | $56.10M | $66.95M | $71.98M | $65.23M | $70.25M | $48.47M | $50.90M | $47.14M |
| Gross profit | $6.79M | $7.32M | $12.36M | $11.14M | $11.32M | $10.66M | $14.62M | $13.24M |
| Research and development | $2.17M | $2.24M | $2.55M | $2.33M | $2.06M | $2.12M | $1.78M | $1.45M |
| Selling, general and admin | $7.78M | $6.78M | $7.34M | $6.45M | $6.68M | $3.94M | $4.47M | $3.34M |
| Operating income | -$2.88M | -$1.61M | $3.11M | $2.35M | $2.58M | $4.61M | $8.38M | $8.20M |
| Pre-tax income | -$1.90M | -$156.2K | $3.52M | $2.12M | $2.47M | $3.58M | $6.45M | $6.59M |
| Income tax | -$494.8K | -$298.6K | $220.9K | $173.0K | -$89.0K | $218.9K | $1.01M | $1.34M |
| Net income | -$1.40M | $137.4K | $3.26M | $1.92M | $2.53M | $3.36M | $5.45M | $5.25M |
| EPS, basic | -$0.10 | $0.01 | $0.23 | $0.15 | $0.21 | $0.34 | $0.54 | $0.52 |
| EPS, diluted | -$0.10 | $0.01 | $0.23 | $0.15 | $0.21 | $0.34 | $0.54 | $0.52 |
| Diluted shares | 14.3M | 14.3M | 14.1M | 13.2M | 12.1M | 10.0M | 10.0M | 10.0M |
Balance sheet
| Line item | Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Sep 30, 2018 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $6.48M | $18.12M | $20.19M | $14.54M | $16.65M | $1.71M | $3.02M | $5.20M |
| Receivables | $24.77M | $18.71M | $22.63M | $19.66M | $21.30M | $15.53M | $14.50M | - |
| Inventory | $24.08M | $23.31M | $26.71M | $24.87M | $22.72M | $20.84M | $17.85M | - |
| Current assets | $70.29M | $77.47M | $80.24M | $64.40M | $77.08M | $47.35M | $47.93M | - |
| Total assets | $109.52M | $103.59M | $103.01M | $84.64M | $100.25M | $69.12M | $68.77M | - |
| Current liabilities | $24.31M | $23.83M | $22.61M | $25.70M | $48.77M | - | - | - |
| Short-term debt | $43.5K | $1.25M | $43.9K | $11.89M | $33.46M | $31.22M | $31.49M | - |
| Long-term debt | $8.03M | - | $5.40M | $9.30M | - | - | - | - |
| Total debt | $8.07M | - | $5.44M | $21.19M | - | - | - | - |
| Total liabilities | $33.71M | $25.28M | $28.33M | $35.00M | $48.77M | $43.33M | $47.57M | - |
| Shareholders' equity | $75.51M | $78.00M | $74.68M | $49.63M | $51.48M | $25.79M | $21.21M | $16.62M |
Cash flow
| Line item | Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Sep 30, 2018 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$8.48M | $12.99M | -$2.45M | $8.03M | -$5.65M | $3.20M | $2.35M | $1.21M |
| Capital expenditures | $1.46M | $308.6K | $157.6K | $206.2K | $917.5K | $665.0K | $912.7K | $527.8K |
| Free cash flow | -$9.94M | $12.69M | -$2.61M | $7.82M | -$6.57M | $2.54M | $1.43M | $682.0K |
| Investing cash flow | -$14.97M | -$3.07M | -$3.59M | -$206.2K | -$897.3K | $59.8K | -$912.7K | -$527.8K |
| Financing cash flow | $10.77M | -$8.81M | $11.58M | -$9.74M | $21.28M | -$4.69M | -$3.49M | $943.5K |
| Stock-based compensation | $29.4K | $49.0K | $59.6K | - | - | - | - | - |
| Depreciation and amortization | - | - | - | $32.1K | $32.3K | $30.0K | $30.6K | $35.0K |
Key ratios
| Line item | Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Sep 30, 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | -15.3% | -11.9% | 10.4% | 2257.0% | 136.5% | - | - | - |
| Net income growth, YoY | - | -95.8% | 69.3% | -24.0% | -24.6% | -38.4% | 3.8% | - |
| EPS growth, YoY | - | -95.7% | 53.3% | -28.6% | -38.2% | -37.0% | 3.8% | - |
| Gross margin | 10.8% | 9.9% | 14.7% | 14.6% | 349.4% | 778.3% | - | - |
| Operating margin | -4.6% | -2.2% | 3.7% | 3.1% | 79.6% | 336.1% | - | - |
| Net margin | -2.2% | 0.2% | 3.9% | 2.5% | 78.1% | 245.0% | - | - |
| Free cash flow margin | -15.8% | 17.1% | -3.1% | 10.2% | -202.7% | 185.3% | - | - |
| Return on equity | -1.8% | 0.2% | 4.4% | 3.9% | 4.9% | 13.0% | 25.7% | 31.6% |
| Return on assets | -1.3% | 0.1% | 3.2% | 2.3% | 2.5% | 4.9% | 7.9% | - |
| Current ratio | 2.89 | 3.25 | 3.55 | 2.51 | 1.58 | - | - | - |
| Debt to equity | 0.11 | - | 0.07 | 0.43 | - | - | - | - |
Source: XBRL data Huadi International Group Co. Ltd. files with the SEC, latest filing dated Jan 30, 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.
HUDI peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| HUDI | $62.90M | -15.3% | -$1.40M | -2.2% | $7.2M |
| NUE | $36.10B | +17.2% | $2.88B | 8.0% | $56.55B |
| MT | $61.35B | -1.7% | $3.15B | 5.1% | $48.88B |
| STLD | $22.22B | +26.0% | $1.95B | 8.8% | $32.36B |
| TS | $11.98B | -4.3% | $1.93B | 16.1% | $31.49B |
| ATI | $5.01B | +9.4% | $555.60M | 11.1% | $25.11B |
| PKX | ₩68.99T | -6.1% | ₩690.69B | 1.0% | $16.02B |
| CRS | $3.19B | +10.2% | $569.80M | 17.9% | $15.13B |
| TX | $15.61B | -11.6% | $425.23M | 2.7% | $10.06B |
HUDI FAQ
9 questionsWhat is HUDI revenue?
Huadi International Group Co. Ltd. (HUDI) reported $62.90M of revenue for fiscal 2025 (ended Sep 30, 2025). That is down 15.3% from the year before.Is HUDI profitable?
No. Huadi International Group Co. Ltd. reported a net loss of $1.40M for fiscal 2025 (ended Sep 30, 2025).How much cash and debt does HUDI have?
Huadi International Group Co. Ltd. reported $6.48M in cash and cash equivalents and $8.07M of debt on its most recent balance sheet in SEC filings.How fast is HUDI revenue growing?
Huadi International Group Co. Ltd.'s revenue changed -15.3% in fiscal 2025, to $62.90M. Its compound annual growth rate was +115.0% over 5 years.What is HUDI gross margin?
Huadi International Group Co. Ltd.'s gross profit was $6.79M on $62.90M of revenue for fiscal 2025 (ended Sep 30, 2025), a gross margin of 10.8%.What is HUDI free cash flow?
Huadi International Group Co. Ltd. generated -$9.94M of free cash flow for fiscal 2025 (ended Sep 30, 2025), which is operating cash flow of -$8.48M less capital expenditures.What is HUDI earnings per share?
Diluted earnings per share were -$0.10 for fiscal 2025 (ended Sep 30, 2025), from SEC filings, restated for any stock split those filings show.When did HUDI last report financial results?
The latest statements here come from Huadi International Group Co. Ltd.'s 20-F filed on Jan 30, 2026, covering the period ended Sep 30, 2025.Where does this HUDI financial data come from?
Quantisnow builds these statements from the structured XBRL data Huadi International Group Co. Ltd. files with the SEC. It is provided for information only and is not investment advice.