Financials · WLDS

Wearable Devices Ltd. (WLDS) financials

For fiscal 2025 (ended Dec 31, 2025), Wearable Devices Ltd. reported $647.0K of revenue and -$8.11M of net income.

Revenue, FY2025
$647.0K
Revenue growth, YoY
+23.9%
Net income, FY2025
-$8.11M
Net margin
-1253.0%
Free cash flow, FY2025
-$6.62M
EPS, diluted, FY2025
-$6.53
Cash
$6.50M
P/S
7.99
Market cap
$5.2M
Annual revenue$647.0K
FY2020FY2025
Annual net income-$8.11M
FY2020FY2025
Annual free cash flow-$6.62M
FY2020FY2025

WLDS revenue and earnings growth

WLDS revenueFY2025$647.0K

FY YoY
+23.9%
5Y CAGR
+62.6%

WLDS revenue was $647.0K for fiscal 2025 (ended Dec 31, 2025), up 23.9% from fiscal 2024. Compound annual growth was +62.6% over 5 years. It rose in 4 of the last 5 fiscal years. Fiscal 2025 is the highest of the 6 fiscal years on file.

WLDS net incomeFY2025-$8.11M

WLDS net income was -$8.11M for fiscal 2025 (ended Dec 31, 2025), compared with -$7.88M in fiscal 2024.

WLDS EPSFY2025-$6.53

WLDS diluted EPS was -$6.53 for fiscal 2025 (ended Dec 31, 2025).

WLDS free cash flowFY2025-$6.62M

WLDS free cash flow was -$6.62M for fiscal 2025 (ended Dec 31, 2025), compared with -$7.66M in fiscal 2024.

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Revenue$647.0K$522.0K$82.0K$45.0K$142.0K$57.0K
Cost of revenue-$437.0K$62.0K$10.0K--
Gross profit-$148.0K$85.0K$20.0K$35.0K--
Research and development--$3.32M$2.27M$1.41M$743.0K
Selling, general and admin$2.83M$2.85M$2.88M$1.95M$628.0K$174.0K
Operating income-$8.33M-$7.82M-$8.19M-$6.46M-$2.67M-$1.16M
Pre-tax income-$8.10M-$7.87M-$7.81M-$6.50M--
Income tax$5.0K$7.0K----
Net income-$8.11M-$7.88M-$7.81M-$6.50M-$2.61M-$1.26M
EPS, basic-$6.53-$72.60-$115.20-$127.20-$64.80-$45.60
EPS, diluted-$6.53-$72.60-$115.20-$127.20-$64.80-$45.60
Diluted shares1.2M108,56367,50551,15540,456.62526,916.292

Balance sheet

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$6.50M$3.09M$810.0K$10.37M$1.27M$475.0K
Receivables$37.0K---$8.0K-
Inventory$778.0K$1.23M----
Current assets$19.53M$5.52M$6.75M$10.98M$1.40M-
Total assets$19.99M$5.98M$7.59M$11.22M$1.45M-
Current liabilities$1.38M$2.10M$1.79M$1.15M$638.0K-
Total liabilities$1.44M$2.12M$2.07M$1.24M$638.0K-
Shareholders' equity$18.55M$3.86M$5.53M$9.98M$807.0K-$2.89M

Cash flow

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-$6.60M-$7.61M-$8.43M-$5.71M-$2.10M-$1.09M
Capital expenditures$20.0K$43.0K$194.0K$48.0K$36.0K$16.0K
Free cash flow-$6.62M-$7.66M-$8.63M-$5.76M-$2.14M-$1.10M
Investing cash flow-$10.93M$3.20M-$4.25M-$66.0K-$36.0K-$16.0K
Financing cash flow$20.94M$6.70M$3.12M$14.88M$2.94M-
Stock-based compensation$1.09M$182.0K$241.0K$790.0K$299.0K$67.0K

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Revenue growth, YoY23.9%536.6%82.2%-68.3%149.1%-
Gross margin-22.9%16.3%24.4%77.8%--
Operating margin-1287.8%-1498.1%-9982.9%-14351.1%-1879.6%-2028.1%
Net margin-1253.0%-1509.4%-9529.3%-14435.6%-1840.8%-2207.0%
Free cash flow margin-1022.9%-1466.7%-10522.0%-12804.4%-1506.3%-1938.6%
Return on equity-43.7%-204.1%-141.4%-65.1%-323.9%-
Return on assets-40.6%-131.8%-102.9%-57.9%-180.9%-
Current ratio14.152.633.789.542.20-

Source: XBRL data Wearable Devices Ltd. files with the SEC, latest filing dated Mar 12, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures and share counts are restated for stock splits the filings show: 1-for-80, first reported Mar 20, 2025; 1-for-3, first reported Mar 12, 2026.

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.

WLDS peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
WLDS$647.0K+23.9%-$8.11M-1253.0%$5.2M
CSCO$63.33B+11.8%$13.27B21.0%$388.94B
ANET$11.89B+40.7%$4.75B40.0%$235.21B
FFIV$3.31B+9.4%$726.51M22.0%$17.99B
EXTR$1.31B+11.3%$52.49M4.0%$3.36B
DGII$506.21M+20.3%$48.73M9.6%$2.55B
ATEN$327.04M+15.0%$47.94M14.7%$1.96B
ALLT$101.99M+10.6%$3.71M3.6%$437.4M
LTRX$120.90M-1.6%-$4.18M-3.5%$255.2M

WLDS FAQ

9 questions
  • What is WLDS revenue?
    Wearable Devices Ltd. (WLDS) reported $647.0K of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 23.9% from the year before.
  • Is WLDS profitable?
    No. Wearable Devices Ltd. reported a net loss of $8.11M for fiscal 2025 (ended Dec 31, 2025).
  • How much cash and debt does WLDS have?
    Wearable Devices Ltd. reported $6.50M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is WLDS revenue growing?
    Wearable Devices Ltd.'s revenue changed +23.9% in fiscal 2025, to $647.0K. Its compound annual growth rate was +62.6% over 5 years.
  • What is WLDS gross margin?
    Wearable Devices Ltd.'s gross profit was -$148.0K on $647.0K of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of -22.9%.
  • What is WLDS free cash flow?
    Wearable Devices Ltd. generated -$6.62M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of -$6.60M less capital expenditures.
  • What is WLDS earnings per share?
    Diluted earnings per share were -$6.53 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did WLDS last report financial results?
    The latest statements here come from Wearable Devices Ltd.'s 20-F filed on Mar 12, 2026, covering the period ended Dec 31, 2025.
  • Where does this WLDS financial data come from?
    Quantisnow builds these statements from the structured XBRL data Wearable Devices Ltd. files with the SEC. It is provided for information only and is not investment advice.