Vision Marine Technologies reported revenue of $18.37M and net income of -$5.71M for the quarter ended May 2026. This income statement covers 26 quarters of results from Aug 2019 through May 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Aug2019 | May2020 | Aug2020 | Feb2021 | May2021 | Aug2021 | Nov2021 | Feb2022 | May2022 | Aug2022 | Nov2022 | Feb2023 | May2023 | Aug2023 | Nov2023 | Feb2024 | May2024 | Aug2024 | Nov2024 | Feb2025 | Mar2025 | May2025 | Aug2025 | Nov2025 | Feb2026 | May2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 2.00 | 2.00 | ||||||||||||||||||||||||
| Revenue & cost | ||||||||||||||||||||||||||
| Revenue | 2.01M | 1.04M | 0.62M | 0.96M | 0.72M | 0.54M | 0.78M | 0.10M | 0.08M | 15.49M | 0.21M | 13.44M | 14.53M | 18.37M | ||||||||||||
| Gross Profit | 1.12M | 0.08M | 0.04M | 0.27M | 0.32M | 0.16M | 0.33M | -0.04M | -0.00M | 2.41M | 0.03M | 4.78M | 4.40M | 3.19M | ||||||||||||
| Operating items | ||||||||||||||||||||||||||
| Depreciation & Amortization - TotalDep. & Amort. (Tot) | 0.05M | 0.07M | 0.12M | 0.21M | 0.15M | 0.09M | ||||||||||||||||||||
| Research & DevelopmentR&D | 0.03M | 2.74M | 0.47M | 0.79M | 0.47M | 0.72M | 0.25M | 0.46M | 0.58M | 0.18M | 0.57M | 0.53M | -0.09M | 0.14M | 0.05M | |||||||||||
| Wages, Salaries and OtherWages | 0.57M | 0.64M | 0.72M | 0.91M | 0.74M | 0.80M | 0.38M | 0.43M | 0.77M | 0.81M | 0.64M | 0.50M | 1.40M | 0.54M | 0.63M | |||||||||||
| Selling, General & AdministrativeSG&A | 0.55M | 0.53M | 0.51M | 0.54M | 0.55M | 0.53M | 0.43M | 0.27M | 0.34M | 3.29M | 0.32M | 1.36M | 1.48M | 2.49M | ||||||||||||
| Rent ExpenseRental Exp. | ||||||||||||||||||||||||||
| Restructuring CostsRestructuring | -1.21M | |||||||||||||||||||||||||
| Other Operating ExpensesOther Opex | -187.00 | -0.00M | -0.00M | -0.21M | -0.03M | 3.92M | 1.16M | -0.15M | -1.81M | 5.67M | 1.79M | 0.56M | 1.69M | 0.27M | 4.29M | -0.03M | 4.65M | 6.37M | ||||||||
| Operating ExpensesOpex | 2.98M | -27.05M | 3.33M | 5.02M | 2.71M | 0.47M | -0.39M | 6.45M | 2.68M | 0.58M | 1.11M | 2.59M | 3.56M | 5.14M | -35.22M | 6.27M | 8.91M | |||||||||
| Operating IncomeOp. Inc | -1.85M | -3.26M | -4.98M | -2.43M | 0.71M | -6.28M | -2.35M | -1.14M | -2.59M | -1.15M | -5.14M | 40.01M | -6.27M | -8.91M | ||||||||||||
| EBIT | -1.85M | -3.26M | -4.98M | -2.43M | 0.71M | -6.28M | -2.35M | -1.14M | -2.59M | -1.15M | -5.14M | 40.01M | -2.59M | -6.27M | -8.91M | |||||||||||
| Non-operating items | ||||||||||||||||||||||||||
| Non Operating Interest Expenses | -0.93M | |||||||||||||||||||||||||
| Non Operating Investment Income | 0.07M | 0.79M | -0.42M | 2.64M | -0.54M | |||||||||||||||||||||
| Interest & Investment IncomeInt & Inv Inc | -0.11M | 4.11M | 0.03M | -3.83M | 0.02M | 0.01M | -1.02M | 0.03M | 0.09M | 0.10M | 69.78M | 0.02M | 0.08M | |||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | -0.02M | 0.01M | 0.05M | -4.73M | 0.14M | 4.34M | -0.02M | 1.06M | -1.83M | |||||||||||||||||
| Non Operating IncomeNon Op. Inc. | -0.50M | |||||||||||||||||||||||||
| Net income details | ||||||||||||||||||||||||||
| EBT | -1.85M | -5.03M | -4.98M | -2.43M | 0.71M | -6.28M | -2.35M | -1.14M | -2.59M | -1.65M | -5.12M | -12.82M | -2.59M | -1.87M | -5.72M | |||||||||||
| Tax ProvisionsTaxes | 0.09M | -0.31M | 0.01M | -0.01M | -0.15M | 0.01M | 0.64M | 0.33M | 0.01M | -0.48M | -0.90M | 2.44M | -0.94M | -1.16M | 0.37M | |||||||||||
| Profit After TaxPAT | -3.43M | -1.94M | -4.78M | -4.97M | -2.28M | 0.77M | -6.25M | -2.22M | 1.17M | -2.58M | 1.65M | -5.12M | -12.43M | -2.59M | -1.86M | -5.71M | ||||||||||
| Income from Non-Controlling InterestsInc. Minority | 0.37M | 0.11M | 0.23M | 0.11M | 0.46M | 0.14M | 0.04M | 0.05M | 0.03M | 0.02M | 0.01M | 0.01M | 0.01M | 0.01M | 0.02M | 0.02M | ||||||||||
| Income from Continuing OperationsIncome (Continuing) | -1.94M | -5.04M | -4.97M | -2.28M | 0.70M | -6.93M | -2.69M | -1.16M | -2.11M | -0.75M | -7.55M | -11.87M | -2.59M | -0.72M | -6.09M | |||||||||||
| Income from Discontinued OperationsIncome (Discontinued) | 0.14M | 0.08M | ||||||||||||||||||||||||
| Consolidated Net IncomeConsol Net Inc. | -1.94M | -5.04M | -4.97M | -2.15M | 0.70M | -6.93M | -2.61M | -1.16M | -2.11M | -0.75M | -7.55M | -11.87M | -2.59M | -0.72M | -6.09M | |||||||||||
| Income towards Parent CompanyParent Net Inc | -1.94M | -5.04M | -4.97M | -2.15M | 0.70M | -6.93M | -2.61M | -1.16M | -2.11M | -0.75M | -7.55M | -11.87M | -2.59M | -0.72M | -6.09M | |||||||||||
| Net Income towards Common StockholdersNet Income | -1.94M | -5.04M | -4.97M | -2.15M | 0.70M | -6.93M | -2.61M | -1.16M | -2.11M | -0.75M | -7.55M | -11.87M | -2.59M | -0.72M | -6.09M | |||||||||||
| Additional items | ||||||||||||||||||||||||||
| EPS (Basic) | -1.94M | -2.52M | -2.48M | -1.07M | 0.35M | -3.46M | -1.30M | -0.58M | -1.05M | -0.38M | -3.78M | -5.94M | -1.30M | -0.36M | -3.04M | |||||||||||
| EPS (Diluted) | -1.94M | -2.52M | -2.48M | -1.07M | 0.35M | -3.46M | -1.30M | -0.58M | -1.05M | -0.38M | -3.78M | -5.94M | -1.30M | -0.36M | -3.04M | |||||||||||
| Shares Outstanding | 1.00 | 1.00 | 1.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | ||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 1.00 | 1.00 | 1.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | ||||||
| EBITDA | -1.80M | -3.19M | -4.86M | -2.23M | 0.86M | -6.28M | -2.35M | -1.05M | -2.59M | -1.15M | -5.14M | 40.01M | -2.59M | -6.27M | -8.91M | |||||||||||
| Interest ExpensesInt Expense | -0.93M | |||||||||||||||||||||||||
| Tax Rate | -4.64 | -0.15 | 0.26 | 6.12 | 1.84 | -10.20 | -14.14 | -1.16 | 18.54 | 54.35 | -47.60 | 7.34 | 61.64 | -6.46 |