KBSX revenueFY2025$47.97M
- FY YoY
- +31.4%
KBSX revenue was $47.97M for fiscal 2025 (ended Dec 31, 2025), up 31.4% from fiscal 2024.
FST Corp. (KBSX) financials
For fiscal 2025 (ended Dec 31, 2025), FST Corp. reported $47.97M of revenue and -$1.50M of net income.
- Revenue, FY2025
- $47.97M
- Revenue growth, YoY
- +31.4%
- Net income, FY2025
- -$1.50M
- Net margin
- -3.1%
- Free cash flow, FY2025
- -$1.60M
- EPS, diluted, FY2025
- -$0.03
- Cash
- $7.18M
- Total debt
- $29.16M
- P/S
- 1.34
- Market cap
- $64.5M
FY2023FY2025
FY2023FY2025
FY2023FY2025
KBSX revenue and earnings growth
KBSX net incomeFY2025-$1.50M
KBSX net income was -$1.50M for fiscal 2025 (ended Dec 31, 2025), compared with -$3.24M in fiscal 2024.
KBSX EPSFY2025-$0.03
KBSX diluted EPS was -$0.03 for fiscal 2025 (ended Dec 31, 2025), compared with -$0.09 in fiscal 2024.
KBSX free cash flowFY2025-$1.60M
KBSX free cash flow was -$1.60M for fiscal 2025 (ended Dec 31, 2025), compared with -$5.72M in fiscal 2024.
Income statement
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 |
|---|---|---|---|
| Revenue | $47.97M | $36.50M | $28.73M |
| Cost of revenue | $27.34M | $20.79M | $15.29M |
| Gross profit | $20.63M | $15.71M | $13.44M |
| Research and development | $1.49M | $1.30M | $1.53M |
| Selling, general and admin | $12.29M | $10.53M | $9.19M |
| Operating income | -$2.33M | -$3.64M | -$3.12M |
| Interest expense | $845.0K | $543.3K | $14.7K |
| Pre-tax income | -$2.23M | -$2.78M | -$2.92M |
| Income tax | -$729.9K | $456.2K | -$751.1K |
| Net income | -$1.50M | -$3.24M | -$2.17M |
| EPS, basic | -$0.03 | -$0.09 | -$0.05 |
| EPS, diluted | -$0.03 | -$0.09 | -$0.05 |
| Diluted shares | 44.5M | 37.7M | 46.2M |
Balance sheet
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 |
|---|---|---|---|
| Cash and equivalents | $7.18M | $5.10M | $8.90M |
| Short-term investments | - | $61.0K | - |
| Receivables | $6.98M | $5.29M | $4.73M |
| Inventory | $11.81M | $14.53M | $15.21M |
| Current assets | $27.49M | $26.66M | $30.48M |
| Total assets | $60.92M | $58.47M | $63.38M |
| Current liabilities | $30.42M | $22.11M | $21.36M |
| Short-term debt | $18.20M | $15.27M | $14.24M |
| Total debt | $29.16M | $24.71M | - |
| Total liabilities | $45.37M | $35.47M | $35.88M |
| Shareholders' equity | $15.43M | $22.83M | $27.49M |
Cash flow
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 |
|---|---|---|---|
| Operating cash flow | -$1.00M | -$1.58M | -$11.21M |
| Capital expenditures | $603.0K | $4.14M | $11.59M |
| Free cash flow | -$1.60M | -$5.72M | -$22.79M |
| Investing cash flow | -$799.2K | -$4.45M | -$11.59M |
| Financing cash flow | $3.32M | $3.71M | $11.30M |
| Dividends paid | - | - | $2.72M |
| Depreciation and amortization | $2.21M | $1.93M | $1.82M |
Key ratios
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 |
|---|---|---|---|
| Revenue growth, YoY | 31.4% | 27.0% | - |
| Gross margin | 43.0% | 43.1% | 46.8% |
| Operating margin | -4.9% | -10.0% | -10.9% |
| Net margin | -3.1% | -8.9% | -7.5% |
| Free cash flow margin | -3.3% | -15.7% | -79.3% |
| Return on equity | -9.7% | -14.2% | -7.9% |
| Return on assets | -2.5% | -5.5% | -3.4% |
| Current ratio | 0.90 | 1.21 | 1.43 |
| Debt to equity | 1.89 | 1.08 | - |
Source: XBRL data FST Corp. files with the SEC, latest filing dated Apr 20, 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.
KBSX peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| KBSX | $47.97M | +31.4% | -$1.50M | -3.1% | $64.5M |
| HAS | $6.11B | +27.6% | $956.90M | 15.7% | $16.91B |
| GOLF | $2.70B | +6.8% | $220.53M | 8.2% | $4.84B |
| MAT | $5.56B | +6.4% | $502.61M | 9.0% | $4.45B |
| YETI | $1.94B | +6.2% | $178.79M | 9.2% | $3.35B |
| CALY | $2.10B | +1.9% | -$203.00M | -9.6% | $3.05B |
| PTON | $2.45B | -0.1% | $145.40M | 5.9% | $2.65B |
| GMEX | $5.61M | +7.9% | -$17.28M | -308.0% | $636.5M |
| JOUT | $660.91M | +17.5% | -$7.99M | -1.2% | $502.1M |
KBSX FAQ
9 questionsWhat is KBSX revenue?
FST Corp. (KBSX) reported $47.97M of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 31.4% from the year before.Is KBSX profitable?
No. FST Corp. reported a net loss of $1.50M for fiscal 2025 (ended Dec 31, 2025).How much cash and debt does KBSX have?
FST Corp. reported $7.18M in cash and cash equivalents and $29.16M of debt on its most recent balance sheet in SEC filings.How fast is KBSX revenue growing?
FST Corp.'s revenue changed +31.4% in fiscal 2025, to $47.97M.What is KBSX gross margin?
FST Corp.'s gross profit was $20.63M on $47.97M of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 43.0%.What is KBSX free cash flow?
FST Corp. generated -$1.60M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of -$1.00M less capital expenditures.What is KBSX earnings per share?
Diluted earnings per share were -$0.03 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.When did KBSX last report financial results?
The latest statements here come from FST Corp.'s 20-F filed on Apr 20, 2026, covering the period ended Dec 31, 2025.Where does this KBSX financial data come from?
Quantisnow builds these statements from the structured XBRL data FST Corp. files with the SEC. It is provided for information only and is not investment advice.