Ispire Technology Inc.ISPREarnings & Financial Report
Ispire Technology Inc. is a global tech firm specializing in R&D, manufacturing and sales of advanced vaporization hardware and supporting consumables. It serves nicotine and legal cannabis consumer markets, operates two core segments of hardware and branded cannabis products, covers North America, Europe and Asia-Pacific, delivering compliant innovative vapor solutions for B2B partners and end users.
Revenue
$39.3M
Gross Profit
$7.7M
Operating Profit
$-5.3M
Net Profit
$-5.6M
Gross Margin
19.5%
Operating Margin
-13.4%
Net Margin
-14.2%
YoY Growth
-8.2%
EPS
$-0.10
Ispire Technology Inc. Q1 FY2025 Financial Summary
Ispire Technology Inc. reported revenue of $39.3M (down 8.2% YoY) for Q1 FY2025, with a net profit of $-5.6M (down 317.0% YoY) (-14.2% margin). Cost of goods sold was $31.7M, operating expenses totaled $12.9M.
Key Financial Metrics
| Total Revenue | $39.3M |
|---|---|
| Net Profit | $-5.6M |
| Gross Margin | 19.5% |
| Operating Margin | -13.4% |
| Report Period | Q1 FY2025 |
Ispire Technology Inc. Annual Revenue by Year
Ispire Technology Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $127.5M).
| Year | Annual Revenue |
|---|---|
| 2025 | $127.5M |
| 2024 | $151.9M |
Ispire Technology Inc. Quarterly Revenue & Net Profit History
Ispire Technology Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2026 | $20.3M | -51.5% | $-6.6M | -32.5% |
| Q1 FY2026 | $30.4M | -22.8% | $-3.3M | -10.7% |
| Q4 FY2025 | $20.1M | -46.1% | $-14.8M | -73.4% |
| Q3 FY2025 | $26.2M | -12.7% | $-10.9M | -41.5% |
| Q2 FY2025 | $41.8M | +0.3% | $-8.0M | -19.1% |
| Q1 FY2025 | $39.3M | -8.2% | $-5.6M | -14.2% |
| Q4 FY2024 | $37.3M | — | $-3.5M | -9.4% |
| Q3 FY2024 | $30.0M | +24.4% | $-5.9M | -19.7% |
Income Statement
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $30.0M | $37.3M | $39.3M | $41.8M | $26.2M | $20.1M | $30.4M | $20.3M |
| YoY Growth | 24.4% | N/A | -8.2% | 0.3% | -12.7% | -46.1% | -22.8% | -51.5% |
Balance Sheet
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $108.0M | $122.6M | $129.0M | $132.0M | $115.7M | $102.2M | $96.4M | $84.4M |
| Liabilities | $72.1M | $88.2M | $98.2M | $107.8M | $100.9M | $101.6M | $98.2M | $92.1M |
| Equity | $35.9M | $34.5M | $30.7M | $24.2M | $14.8M | $604694 | $-1.8M | $-7.7M |
Cash Flow
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $3.4M | $-1.4M | $3.6M | $-3.2M | $-12.5M | $4.7M | $-1.2M | $-4.0M |