AYRO, Inc. (AYRO) Financial Statements
Industry: Communications Services (Other)
Net income was -$21.1M, or -$32.24 per diluted share. Operating activities generated -$7.7M of cash, leaving -$7.9M of free cash flow. At fiscal year end, AYRO held $11.4M in total assets against $1.7M in total liabilities, including $5.0M of cash and equivalents.
Open the full interactive AYRO financials → Quarterly statements, key ratios, valuation history and price charts.
AYRO Key Stats
| Share Price | $2.14 |
|---|---|
| Market Cap | $8.9M |
| 52-Week Range | $1.78 – $6.09 |
| Shares Outstanding | 4.1 million (basic, 2026 Q2) |
AYRO Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.6M | $2.7M | $3.0M | $498,917 | $63,777 | — |
| Cost of Goods Sold | $1.8M | $4.8M | $6.0M | $5.1M | $6.7M | $956,160 |
| Gross Profit | -$166,483 | -$2.1M | -$3.1M | -$4.6M | -$6.6M | -$956,160 |
| Operating Income | -$10.1M | -$33.1M | -$23.3M | -$28.2M | -$19.4M | -$10.5M |
| Pre-Tax Income | -$10.8M | -$33.1M | -$22.9M | -$34.2M | -$1.8M | -$21.1M |
| Net Income | -$10.8M | -$33.1M | -$22.9M | -$34.2M | -$1.8M | -$21.1M |
| Diluted EPS | -$93.44 | -$120.32 | — | -$131.04 | -$32.32 | -$32.24 |
AYRO Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Net Income | -$2.8M | -$5.0M | -$2.4M | -$12.5M |
| Diluted EPS | -$3.84 | -$5.75 | -$2.42 | -$3.52 |
AYRO Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $36.5M | $69.2M | $39.1M | $33.4M | $16.0M | $5.0M |
| Current Assets | $40.1M | $76.2M | $51.9M | $49.0M | $21.3M | $9.2M |
| Total Assets | $42.0M | $78.1M | $55.0M | $52.9M | $21.7M | $11.4M |
| Current Liabilities | $1.6M | $3.8M | $2.2M | $4.3M | $4.2M | $1.6M |
| Total Long-Term Debt | $21,608 | — | — | — | — | — |
| Total Liabilities | $2.6M | $4.7M | $2.9M | $27.5M | $9.5M | $1.7M |
| Shareholders' Equity | $39.4M | $73.4M | $52.1M | $14.1M | $4.7M | $3.7M |
AYRO Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$10.0M | -$26.6M | -$18.7M | -$26.2M | -$13.3M | -$7.7M |
| Cash From Investing | $2.5M | -$600,363 | -$11.3M | $8.9M | -$3.1M | -$2.9M |
| Cash From Financing | $43.4M | $59.9M | — | $21.6M | -$10.9M | -$551,875 |
| Free Cash Flow | -$10.5M | -$27.2M | -$20.3M | -$28.3M | -$13.5M | -$7.9M |
Figures from AYRO's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full AYRO financials page for every line item.
AYRO Company Profile
| Ticker | AYRO |
|---|---|
| Exchange | Nasdaq |
| Industry | Communications Services (Other) |
| Headquarters | Round Rock, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001086745 |
Frequently Asked Questions
What is AYRO's annual revenue history?
AYRO's annual revenue by fiscal year: 2020: $1.6M; 2021: $2.7M; 2022: $3.0M; 2023: $498,917; 2024: $63,777.
What was AYRO's net income in fiscal 2025?
AYRO reported net income of -$21.1M for fiscal 2025.
What was AYRO's earnings per share (EPS) in fiscal 2025?
AYRO's diluted EPS was -$32.24 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did AYRO generate in fiscal 2025?
AYRO generated -$7.9M of free cash flow in fiscal 2025.
How many shares of AYRO are outstanding?
AYRO reported a weighted average of 4.1 million basic shares outstanding in 2026 Q2.
What is AYRO's market cap?
Based on its latest closing price, AYRO (AYRO) has a market capitalization of about $8.9M.
When does AYRO's fiscal year end?
AYRO's fiscal year end, as registered with the SEC, is December 31.
Where is AYRO headquartered?
AYRO lists its business address in Round Rock, Texas in its SEC filings.