4 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 5.2% per year over the past 3 years.
Operating margin has contracted, at -129.9% in the latest year.
Financial health
Operating income covered interest expense -151.8× in the latest year, down from 25× 3 years ago.
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
$25M
-$33M
46.2%
-129.9%
—
—
$11M
2024
$42M
-$12M
50.3%
-28.5%
—
—
$27M
2023
$39M
-$8M
45.6%
-16.9%
—
—
$16M
2022
$29M
$2M
36.4%
5.6%
—
—
—
Valuation over time
How the market has priced XCH against its own fundamentals since 2024-09 —
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-sales ratio has fallen from 774.9× (Sep '24) to 113.7× (Jun '26).
Price / sales (P/S)
P/S
Frequently asked questions
Is XCH growing its revenue and profit?
Over the past 3 years, XCHG Ltd's revenue has declined 5.2% per year. These are computed facts, not advice.
How much debt does XCH have?
As of FY2025, XCHG Ltd reported — of total debt against $11M of cash; operating income covered interest expense -151.8×.
What is XCH's profit margin?
In FY2025, gross margin was 46.2%, operating margin -129.9%, and net margin -129.5%.
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.