9 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 23.5% per year over the past 5 years.
Operating margin has contracted, at -11.3% in the latest year.
Financial health
Total debt ($59M) exceeds cash ($57M); net debt is $2M.
Total debt has grown faster than revenue (45.3% vs -23.5% per year).
Operating income covered interest expense -5.1× in the latest year.
The company is unprofitable; at its current free-cash-flow burn it has roughly 2.2 years of cash runway.
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
$259M
-$40M
38.3%
-11.3%
-$26M
$59M
$57M
2024
$183M
-$76M
38.5%
-25.9%
-$26M
$75M
$91M
2023
$353M
-$31M
26.2%
-8.6%
$41M
$120M
$134M
2022
$614M
-$43M
19.4%
-10.1%
-$118M
$99M
$129M
2021
$981M
$22M
20.9%
1.5%
-$44M
$114M
$230M
2020
$986M
$35M
20.7%
2.7%
$11M
$9M
$348M
2019
$835M
$83M
25.3%
10.4%
$57M
—
$259M
2018
$530M
$49M
25.8%
10.0%
$100M
—
$210M
2017
—
$26M
—
—
$33M
—
$56M
Valuation over time
How the market has priced ZEPP against its own fundamentals since 2023-03 —
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 risen from 0.6× (Mar '23) to 4.6× (Jun '26).
The dividend yield has fallen from 1.8% (Mar '23) to 1.7% (Dec '23).
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is ZEPP growing its revenue and profit?
Over the past 5 years, Zepp Health Corp's revenue has declined 23.5% per year. These are computed facts, not advice.
How much debt does ZEPP have?
As of FY2025, Zepp Health Corp reported $59M of total debt against $57M of cash; operating income covered interest expense -5.1×.
What is ZEPP's profit margin?
In FY2025, gross margin was 38.3%, operating margin -11.3%, and net margin -15.5%.
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.