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Financials · XMAX

XMAX Inc. (XMAX) financials

For the twelve months ended Jun 30, 2026, XMAX Inc. reported $16.05M of revenue and $29.83M of net income.

Revenue, TTM
$16.05M
Revenue growth, YoY
+63.5%
Net income, TTM
$29.83M
Net margin
185.9%
Cash
$34.63M
Total debt
$5.20M
P/E
13.20
P/S
24.54
Market cap
$393.8M
Annual revenue$16.72M
FY2016FY2025
Annual net income-$3.42M
FY2016FY2025
Annual free cash flow-$1.41M
FY2016FY2024

XMAX revenue and earnings growth

XMAX revenueQ2 2026$2.74M

Quarter YoY
+7.1%
QoQ
+53.6%
FY YoY
+72.6%
5Y CAGR
+8.1%
10Y CAGR
-15.5%

XMAX revenue was $2.74M in fiscal Q2 2026 (ended Jun 30, 2026), up 7.1% from a year earlier and up 53.6% from the prior quarter. For the full fiscal 2025 it was $16.72M, up 72.6% from fiscal 2024. Compound annual growth was +8.1% over 5 years and -15.5% over 10 years. It rose in 5 of the last 10 fiscal years.

XMAX net incomeQ2 2026$32.43M

QoQ
169x

XMAX net income was $32.43M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$289.9K a year earlier and up about 169-fold from the prior quarter. For the full fiscal 2025 it was -$3.42M, compared with -$5.56M in fiscal 2024.

XMAX EPSQ2 2026$0.53

XMAX diluted EPS was $0.53 in fiscal Q2 2026 (ended Jun 30, 2026). For the full fiscal 2025 it was -$0.17.

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Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue$16.72M$9.69M$11.09M$12.74M$12.56M$11.35M$21.98M$81.18M$106.49M$92.65M
Cost of revenue$12.54M$5.44M$6.91M$20.53M$7.03M$31.24M$20.69M$65.82M$86.07M$79.12M
Gross profit$4.18M$4.25M$4.17M-$7.78M$5.52M-$19.89M$1.29M$15.36M$20.42M$13.52M
Research and development-$2.00M$3.12M$10.9K$110.3K$33.7K----
Selling, general and admin$4.74M$6.06M$5.06M$5.54M$5.65M$4.66M$5.50M$6.55M$9.49M$8.97M
Operating income-$1.93M-$5.36M-$6.42M-$16.22M-$3.86M-$26.30M-$5.80M$4.83M$6.80M-$766.1K
Interest expense-------$169.5K$174.3K$283.8K
Pre-tax income-$4.00M-$5.56M-$6.99M-$17.07M-$4.06M-$26.40M-$5.89M$4.52M$6.52M-$1.13M
Income tax-$581.0K$2.6K$731.1K$2.4K$163.9K-$649.2K$251.0K-$738.8K$2.76M-$836.6K
Net income-$3.42M-$5.56M-$7.72M-$17.10M-$19.96M-$26.08M-$8.60M$5.30M$3.76M-$1.12M
EPS, basic-$0.17-$1.48-$4.96-$12.34-$3.27-$4.54-$1.52$0.93$0.70-$0.20
EPS, diluted-$0.17-$1.48-$4.96-$12.34-$3.27-$4.54-$1.52$0.93$0.70-$0.20
Diluted shares20.7M3.8M1.6M1.4M6.1M5.7M5.7M5.7M5.6M5.1M

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Cash and equivalents$6.71M$161.9K$369.1K$1.37M$6.28M$8.74M$8.89M$243.6K$5.72M$2.59M
Receivables$2.45M$36.4K$47.0K$288.5K$103.4K$514.9K$390.2K$66.59M$54.01M$42.10M
Inventory$2.16M$2.82M$2.21M$4.93M$2.63M$32.81M$29.72M$6.37M$6.37M$2.78M
Current assets$11.78M$7.93M$3.75M$8.20M$25.57M$43.29M$68.50M$85.45M$74.92M$70.05M
Goodwill-$218.6K$218.6K$218.6K$218.6K$218.6K$218.6K$218.6K$218.6K$218.6K
Total assets$35.55M$9.92M$6.24M$11.53M$29.53M$46.48M$71.56M$90.09M$79.86M$77.04M
Current liabilities$2.39M$5.83M$3.69M$1.64M$1.81M$2.03M$1.46M$11.83M$2.68M$11.64M
Long-term debt$5.04M---------
Total debt$5.04M---------
Total liabilities$7.59M$6.79M$5.74M$4.92M$6.09M$5.55M$5.51M$15.18M$11.41M$13.78M
Shareholders' equity$27.96M$3.12M$496.4K$6.61M$23.44M$40.93M$66.05M$74.91M$68.45M$63.27M

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Operating cash flow-$445.8K-$1.39M-$1.58M-$5.37M-$4.78M-$2.08M$14.89M-$6.88M-$1.31M-$6.42M
Capital expenditures-$14.1K-$8.8K$110.5K$365.0K$25.9K$27.5K$26.8K$13.5K
Free cash flow--$1.41M--$5.38M-$4.89M-$2.44M$14.86M-$6.91M-$1.34M-$6.43M
Investing cash flow-$22.81M-$14.1K$18.6K-$8.8K-$154.8K$672.8K-$25.9K-$27.5K$8.22M$6.10M
Financing cash flow$29.75M$1.18M--$2.76M$466.1K-$6.86M$2.08M-$3.78M$1.93M
Share repurchases-----$0$616.2K$0--
Stock-based compensation$3.38M$746.5K$499.6K$573.9K$130.1K$157.4K$369.2K$1.19M$2.18M$1.64M
Depreciation and amortization$9.9K$60.9K$55.4K$88.3K$78.7K$61.9K$36.5K$37.7K$1.52M$603.2K

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue growth, YoY72.6%-12.6%-13.0%1.5%10.6%-48.4%-72.9%-23.8%14.9%3.0%
Net income growth, YoY-------40.8%--
EPS growth, YoY-------32.9%--
Gross margin25.0%43.9%37.6%-61.1%44.0%-175.3%5.9%18.9%19.2%14.6%
Operating margin-11.5%-55.4%-57.9%-127.3%-30.7%-231.8%-26.4%5.9%6.4%-0.8%
Net margin-20.4%-57.4%-69.7%-134.2%-159.0%-229.8%-39.1%6.5%3.5%-1.2%
Free cash flow margin--14.5%--42.2%-39.0%-21.5%67.6%-8.5%-1.3%-6.9%
Return on equity-12.2%-178.1%-1556.0%-258.7%-85.1%-63.7%-13.0%7.1%5.5%-1.8%
Return on assets-9.6%-56.1%-123.8%-148.3%-67.6%-56.1%-12.0%5.9%4.7%-1.5%
Current ratio4.921.361.024.9914.0921.3846.777.2227.956.02
Debt to equity0.18---------

Source: XBRL data XMAX Inc. files with the SEC, latest filing dated Aug 14, 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 and share counts are restated for stock splits the filings show: 1-for-5, first reported May 12, 2020.

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.

XMAX peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
XMAX$16.05M+63.5%$29.83M185.9%$393.8M
WSM$8.01B+2.2%$1.18B14.7%$30.82B
SGI$7.84B+15.1%$519.40M6.6%$15.26B
MHK$11.21B+4.5%$518.30M4.6%$9.10B
CSW$1.25B+30.0%$127.56M10.2%$4.69B
FUL$3.55B+1.5%$197.76M5.6%$2.76B
TILE$1.44B+6.5%$145.55M10.1%$1.85B
MBC$3.11B+12.9%-$124.20M-4.0%$1.44B
LZB$2.11B+0.2%$81.62M3.9%$1.31B

XMAX FAQ

7 questions
  • What is XMAX revenue?
    XMAX Inc. (XMAX) reported $16.05M of revenue for the twelve months ended Jun 30, 2026. That is up 63.5% from the year before. Revenue for fiscal 2025 was $16.72M.
  • Is XMAX profitable?
    Yes. XMAX Inc. earned $29.83M in net income for the twelve months ended Jun 30, 2026, a net margin of 185.9%.
  • How much cash and debt does XMAX have?
    XMAX Inc. reported $34.63M in cash and cash equivalents and $5.20M of debt on its most recent balance sheet in SEC filings.
  • How fast is XMAX revenue growing?
    XMAX Inc.'s revenue changed +72.6% in fiscal 2025, to $16.72M. Its compound annual growth rate was +8.1% over 5 years and -15.5% over 10 years.
  • What is XMAX gross margin?
    XMAX Inc.'s gross profit was $3.67M on $16.05M of revenue for the twelve months ended Jun 30, 2026, a gross margin of 22.9%.
  • When did XMAX last report financial results?
    The latest statements here come from XMAX Inc.'s 10-Q filed on Aug 14, 2026, covering the period ended Jun 30, 2026.
  • Where does this XMAX financial data come from?
    Quantisnow builds these statements from the structured XBRL data XMAX Inc. files with the SEC. It is provided for information only and is not investment advice.