3 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has declined 4.2% per year over the past 2 years.
Operating margin has contracted, at -44.6% in the latest year.
Financial health
The company holds more cash ($1M) than total debt ($1M).
Total debt has grown faster than revenue (592.4% vs -4.2% per year).
Operating income covered interest expense -20.3× in the latest year, down from 75× 2 years ago.
The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$17M
-$7M
3.0%
-44.6%
-$2M
$1M
$1M
2024
$16M
$174871
11.0%
-4.0%
-$2M
$149900
$557619
2023
$18M
$542351
0.0%
4.3%
$2M
—
$1M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$4M
-$653732
-4.1%
-17.4%
—
$971836
$836167
Dec '25
$4M
-$1M
0.0%
-26.9%
$460613
$1M
$1M
Sep '25
$4M
-$4M
0.0%
-94.1%
-$444975
$459409
$463352
Jun '25
$4M
-$2M
0.0%
-40.0%
-$575503
$472925
$1M
Mar '25
$4M
-$528475
2.9%
-10.7%
-$2M
$149900
$2M
Dec '24
$4M
-$52815
0.0%
-14.6%
-$945537
$149900
$557619
Sep '24
$4M
-$27522
0.0%
-11.6%
-$641809
—
$1M
Jun '24
$5M
$144120
0.0%
4.4%
—
—
$1M
Mar '24
$4M
$111090
0.0%
4.0%
—
—
$1M
Valuation over time
How the market has priced TOPP against its own fundamentals since 2025-01 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 209.5× (Jan '25) to 139.1× (Nov '25).
The price-to-sales ratio has fallen from 2.3× (Jan '25) to 1.4× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is TOPP growing its revenue and profit?
Over the past 2 years, Toppoint Holdings Inc.'s revenue has declined 4.2% per year. These are computed facts, not advice.
How much debt does TOPP have?
As of FY2025, Toppoint Holdings Inc. reported $1M of total debt against $1M of cash; operating income covered interest expense -20.3×.
What is TOPP's profit margin?
In FY2025, gross margin was 3.0%, operating margin -44.6%, and net margin -44.4%.
What is TOPP's P/E ratio?
As of Jun '26, Toppoint Holdings Inc. traded at a price-to-earnings ratio of about 139.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.