NIPG revenueFY2025$126.63M
- FY YoY
- +48.4%
NIPG revenue was $126.63M for fiscal 2025 (ended Dec 31, 2025), up 48.4% from fiscal 2024. It rose in each of the last 3 fiscal years.
NIP Group Inc. (NIPG) financials
For fiscal 2025 (ended Dec 31, 2025), NIP Group Inc. reported $126.63M of revenue and -$237.48M of net income.
- Revenue, FY2025
- $126.63M
- Revenue growth, YoY
- +48.4%
- Net income, FY2025
- -$237.48M
- Net margin
- -187.5%
- Free cash flow, FY2025
- -$15.92M
- EPS, diluted, FY2025
- -$1.48
- Cash
- $7.14M
- Total debt
- $4.63M
- P/S
- 0.26
- Market cap
- $32.5M
FY2022FY2025
FY2022FY2025
FY2022FY2025
NIPG revenue and earnings growth
NIPG net incomeFY2025-$237.48M
NIPG net income was -$237.48M for fiscal 2025 (ended Dec 31, 2025), compared with -$12.69M in fiscal 2024.
NIPG EPSFY2025-$1.48
NIPG diluted EPS was -$1.48 for fiscal 2025 (ended Dec 31, 2025).
NIPG free cash flowFY2025-$15.92M
NIPG free cash flow was -$15.92M for fiscal 2025 (ended Dec 31, 2025), compared with -$17.26M in fiscal 2024.
Income statement
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Revenue | $126.63M | $85.32M | $83.72M | $65.90M |
| Cost of revenue | $128.01M | $82.26M | $76.47M | $62.09M |
| Gross profit | -$1.48M | $3.01M | $7.20M | $3.74M |
| Selling, general and admin | $50.34M | $11.77M | $15.27M | $6.33M |
| Operating income | -$248.66M | -$16.89M | -$14.65M | -$8.08M |
| Interest expense | $2.24M | $537.5K | $523.3K | $365.6K |
| Pre-tax income | -$251.58M | -$15.06M | -$14.46M | -$6.45M |
| Income tax | -$13.47M | -$2.37M | -$1.20M | -$139.5K |
| Net income | -$237.48M | -$12.69M | -$13.26M | -$6.22M |
| EPS, basic | -$1.48 | -$0.69 | -$1.54 | -$0.90 |
| EPS, diluted | -$1.48 | -$0.69 | -$1.54 | -$0.90 |
| Diluted shares | 160.5M | 70.2M | 37.2M | 35.0M |
Balance sheet
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Cash and equivalents | $7.14M | $9.56M | $7.59M | - |
| Short-term investments | $3.21M | $3.00M | - | - |
| Receivables | $36.30M | $28.38M | $19.00M | - |
| Current assets | $77.53M | $44.42M | $29.35M | - |
| Goodwill | $30.36M | $131.91M | $141.40M | - |
| Total assets | $202.38M | $312.57M | $313.84M | - |
| Current liabilities | $88.62M | $40.33M | $28.78M | - |
| Short-term debt | $3.59M | $274.0K | $281.7K | - |
| Long-term debt | $1.05M | $3.38M | $3.71M | - |
| Total debt | $4.63M | $3.65M | $3.99M | - |
| Total liabilities | $107.16M | $70.14M | $61.10M | - |
| Shareholders' equity | $88.31M | $234.53M | -$69.80M | -$24.01M |
Cash flow
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Operating cash flow | -$15.69M | -$16.54M | -$5.15M | -$9.63M |
| Capital expenditures | $235.3K | $714.0K | $95.9K | $765.0K |
| Free cash flow | -$15.92M | -$17.26M | -$5.25M | -$10.39M |
| Investing cash flow | -$917.6K | -$4.96M | $2.17M | -$1.72M |
| Financing cash flow | $13.61M | $23.46M | $1.36M | $9.78M |
| Stock-based compensation | $36.72M | - | $6.12M | $165.7K |
| Depreciation and amortization | $10.85M | $5.05M | $6.08M | $5.27M |
Key ratios
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Revenue growth, YoY | 48.4% | 1.9% | 27.0% | - |
| Gross margin | -1.2% | 3.5% | 8.6% | 5.7% |
| Operating margin | -196.4% | -19.8% | -17.5% | -12.3% |
| Net margin | -187.5% | -14.9% | -15.8% | -9.4% |
| Free cash flow margin | -12.6% | -20.2% | -6.3% | -15.8% |
| Return on equity | -268.9% | -5.4% | - | - |
| Return on assets | -117.3% | -4.1% | -4.2% | - |
| Current ratio | 0.87 | 1.10 | 1.02 | - |
| Debt to equity | 0.05 | 0.02 | - | - |
Source: XBRL data NIP Group Inc. files with the SEC, latest filing dated Apr 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.
NIPG peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| NIPG | $126.63M | +48.4% | -$237.48M | -187.5% | $32.5M |
| DIS | $98.86B | +4.6% | $8.60B | 8.7% | $205.68B |
| LYV | $27.88B | +13.5% | $151.08M | 0.5% | $41.63B |
| TKO | $5.54B | +19.8% | $287.24M | 5.2% | $37.65B |
| WMG | $7.30B | +12.9% | $672.00M | 9.2% | $16.63B |
| LLYVK | $451.16M | +28.3% | -$50.39M | -11.2% | $9.82B |
| LLYVA | $451.16M | +28.3% | -$50.39M | -11.2% | $9.51B |
| DKNG | $6.41B | +17.4% | -$378.83M | -5.9% | $9.28B |
| MSGK | $1.16B | +13.1% | -$14.58M | -1.3% | $7.69B |
NIPG FAQ
9 questionsWhat is NIPG revenue?
NIP Group Inc. (NIPG) reported $126.63M of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 48.4% from the year before.Is NIPG profitable?
No. NIP Group Inc. reported a net loss of $237.48M for fiscal 2025 (ended Dec 31, 2025).How much cash and debt does NIPG have?
NIP Group Inc. reported $7.14M in cash and cash equivalents and $4.63M of debt on its most recent balance sheet in SEC filings.How fast is NIPG revenue growing?
NIP Group Inc.'s revenue changed +48.4% in fiscal 2025, to $126.63M.What is NIPG gross margin?
NIP Group Inc.'s gross profit was -$1.48M on $126.63M of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of -1.2%.What is NIPG free cash flow?
NIP Group Inc. generated -$15.92M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of -$15.69M less capital expenditures.What is NIPG earnings per share?
Diluted earnings per share were -$1.48 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.When did NIPG last report financial results?
The latest statements here come from NIP Group Inc.'s 20-F filed on Apr 30, 2026, covering the period ended Dec 31, 2025.Where does this NIPG financial data come from?
Quantisnow builds these statements from the structured XBRL data NIP Group Inc. files with the SEC. It is provided for information only and is not investment advice.