Sphere 3D reported revenue of $1.92M and net income of -$4.11M for the quarter ended Mar 2026, down 32.0% year over year. This income statement covers 40 quarters of results from Dec 2014 through Mar 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Dec2014 | Dec2015 | Dec2016 | Mar2017 | Jun2017 | Sep2017 | Dec2017 | Mar2018 | Jun2018 | Sep2018 | Dec2018 | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | ||||||||||||||||||||||||||||||||||||||||
| Revenue | 0.89M | 1.04M | 0.84M | 1.37M | 1.92M | 1.36M | 1.43M | 3.03M | 5.47M | 5.72M | 7.69M | 6.95M | 4.67M | 2.35M | 2.64M | 2.82M | 3.02M | 2.62M | 2.72M | 1.92M | ||||||||||||||||||||
| Cost of RevenueCost of Rev | 0.41M | 0.46M | 0.44M | 0.36M | 0.62M | 0.55M | 0.52M | 1.97M | 4.07M | 4.29M | 4.70M | 4.31M | 3.96M | 2.73M | 2.38M | 2.19M | 2.30M | 1.96M | 2.10M | 1.60M | ||||||||||||||||||||
| Gross Profit | 0.39M | 0.48M | 0.39M | 1.01M | 1.30M | 0.80M | 0.91M | 1.06M | 1.39M | 1.43M | 2.99M | 2.64M | 0.71M | -0.38M | 0.26M | 0.62M | 0.72M | 0.67M | 0.62M | 0.31M | ||||||||||||||||||||
| Operating items | ||||||||||||||||||||||||||||||||||||||||
| Research & DevelopmentR&D | 0.41M | 0.30M | 0.32M | 0.23M | 0.26M | 0.24M | 0.28M | 0.27M | 0.28M | 0.36M | 0.17M | |||||||||||||||||||||||||||||
| Selling, General & AdministrativeSG&A | 3.20M | 2.02M | 6.61M | 8.97M | 7.79M | 2.93M | 4.45M | 3.47M | 3.63M | 3.40M | 5.32M | 3.45M | 2.99M | 3.03M | 2.98M | 3.17M | 2.13M | 1.78M | 1.19M | 2.45M | ||||||||||||||||||||
| Other Operating ExpensesOther Opex | 0.83M | 1.27M | 6.28M | 7.28M | 3.02M | -0.25M | -0.32M | 1.63M | -0.69M | -2.85M | -0.81M | -0.05M | -0.79M | -0.24M | ||||||||||||||||||||||||||
| Operating ExpensesOpex | 4.44M | 3.59M | 13.20M | 16.48M | 17.32M | 11.69M | 118.24M | 6.77M | 10.16M | 12.13M | 22.85M | 8.81M | 10.38M | 7.51M | 11.32M | 8.01M | 5.64M | 6.66M | 12.87M | 6.05M | ||||||||||||||||||||
| Operating IncomeOp. Inc | -3.54M | -2.54M | -12.36M | -15.11M | -15.39M | -10.33M | -116.81M | -3.74M | -4.70M | -6.40M | -15.16M | -1.87M | -5.71M | -5.15M | -8.68M | -5.19M | -2.63M | -4.04M | -10.15M | -4.13M | ||||||||||||||||||||
| EBIT | -3.54M | -2.54M | -12.36M | -15.11M | -15.39M | -10.33M | -116.81M | -3.74M | -4.70M | -6.40M | -15.16M | -1.87M | -5.71M | -5.15M | -8.68M | -5.19M | -2.63M | -4.04M | -10.15M | -4.13M | ||||||||||||||||||||
| Non-operating items | ||||||||||||||||||||||||||||||||||||||||
| Non Operating Investment IncomeNon-Op. Investment Inc. | -2.74M | 7.79M | 2.44M | 1.49M | -3.65M | 4.31M | -0.22M | -0.00M | ||||||||||||||||||||||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | 0.67M | 0.15M | 2.71M | 0.46M | 0.28M | -0.07M | 1.90M | 0.25M | 1.11M | 0.10M | 4.68M | 0.13M | 0.05M | 2.89M | -3.07M | 0.05M | -0.01M | 0.01M | 0.03M | |||||||||||||||||||||
| Net income details | ||||||||||||||||||||||||||||||||||||||||
| EBT | -2.88M | -2.40M | -9.65M | -23.71M | -15.37M | -20.40M | -117.01M | -3.94M | -4.76M | -6.31M | -8.76M | -1.87M | 2.13M | 0.18M | -7.14M | -8.79M | 1.67M | -4.25M | -10.12M | -4.11M | ||||||||||||||||||||
| Tax ProvisionsTaxes | -0.01M | -0.12M | 0.29M | 0.00M | 0.01M | 0.00M | 0.07M | 0.08M | 0.00M | 0.00M | ||||||||||||||||||||||||||||||
| Profit After TaxPAT | -2.88M | -2.40M | -9.64M | -14.65M | -40.69M | -20.52M | -117.06M | -3.49M | -4.76M | -6.31M | -8.77M | -4.48M | 2.12M | 0.10M | -7.22M | -8.79M | 1.67M | -4.25M | -10.12M | -4.11M | ||||||||||||||||||||
| Income from Non-Controlling InterestsInc. Minority | -0.11M | 0.02M | 0.07M | -0.01M | ||||||||||||||||||||||||||||||||||||
| Income from Continuing OperationsIncome (Continuing) | -2.88M | -2.40M | -9.64M | -23.71M | -15.37M | -20.28M | -117.30M | -3.94M | -4.76M | -6.31M | -8.77M | -1.87M | 2.12M | 0.10M | -7.22M | -8.79M | 1.67M | -4.25M | -10.12M | -4.11M | ||||||||||||||||||||
| Consolidated Net IncomeConsol Net Inc. | -2.88M | -2.40M | -9.64M | -23.71M | -15.37M | -20.28M | -117.30M | -3.94M | -4.76M | -6.31M | -8.77M | -1.87M | 2.12M | 0.10M | -7.22M | -8.79M | 1.67M | -4.25M | -10.12M | -4.11M | ||||||||||||||||||||
| Income towards Parent CompanyParent Net Inc | -2.88M | -2.40M | -9.64M | -23.71M | -15.37M | -20.28M | -117.30M | -3.94M | -4.76M | -6.31M | -8.77M | -1.87M | 2.12M | 0.10M | -7.22M | -8.79M | 1.67M | -4.25M | -10.12M | -4.11M | ||||||||||||||||||||
| Preferred Dividend PaymentsPref Dividends | 0.17M | 0.17M | 0.00M | |||||||||||||||||||||||||||||||||||||
| Net Income towards Common StockholdersNet Income | -3.05M | -2.57M | -9.64M | -14.65M | -40.69M | -20.52M | -116.94M | 0.02M | 0.07M | -6.31M | -8.77M | -4.48M | 2.12M | 0.10M | -7.22M | -8.79M | 1.67M | -4.25M | -10.12M | -4.11M | ||||||||||||||||||||
| Additional items | ||||||||||||||||||||||||||||||||||||||||
| EPS (Basic) | -13.35 | -5.24 | -21.86 | -16.06 | -43.06 | -21.43 | -123.48 | 0.02 | 0.06 | -4.98 | -7.23 | -2.70 | 1.14 | 0.05 | -3.65 | -3.23 | 0.60 | -1.49 | -3.47 | -1.18 | ||||||||||||||||||||
| EPS (Diluted) | -13.35 | -5.24 | -21.86 | -16.06 | -43.06 | -21.43 | -123.48 | 0.02 | 0.06 | -4.98 | -7.23 | -2.70 | 1.02 | 0.05 | -3.65 | -3.23 | 0.60 | -1.49 | -3.47 | -1.41 | ||||||||||||||||||||
| Shares Outstanding | 0.23M | 0.49M | 0.44M | 0.91M | 0.94M | 0.96M | 0.95M | 1.03M | 1.11M | 1.27M | 1.21M | 1.66M | 1.87M | 2.07M | 1.98M | 2.72M | 2.77M | 2.85M | 2.91M | 3.48M | ||||||||||||||||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 0.23M | 0.49M | 0.44M | 0.91M | 0.94M | 0.96M | 0.95M | 1.03M | 1.11M | 1.27M | 1.21M | 1.66M | 2.09M | 2.23M | 1.98M | 2.72M | 2.77M | 2.85M | 2.91M | 2.91M | ||||||||||||||||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 0.23M | 0.49M | 0.44M | 0.92M | 0.95M | 0.96M | 0.98M | 1.06M | 1.14M | 1.42M | 1.21M | 1.78M | 2.03M | 2.09M | 1.98M | 2.62M | 2.80M | 2.94M | 3.39M | 3.77M | ||||||||||||||||||||
| EBITDA | -3.54M | -2.54M | -12.36M | -15.11M | -15.39M | -10.33M | -116.81M | -3.74M | -4.70M | -6.40M | -15.16M | -1.87M | -5.71M | -5.15M | -8.68M | -5.19M | -2.63M | -4.04M | -10.15M | -4.13M | ||||||||||||||||||||
| Interest ExpensesInt Expense | 0.10M | 0.10M | -0.50M | 8.60M | -0.03M | 0.01M | 0.20M | 1.17M | 0.10M | 0.32M | 149.99M | |||||||||||||||||||||||||||||
| Tax Rate | 0.16% | 0.59% | -0.25% | -0.08% | -0.10% | 0.09% | 40.91% | -1.06% | 0.12% | -0.02% |