Creative Realities, Inc. (CREX) Financial Statements
Industry: Computer Integrated Systems Design (Services)
In fiscal 2025, Creative Realities reported revenue of $57.2M, up 12.5% from $50.9M the year before. Net income was -$8.3M (a -14.5% net margin). Gross margin was 44.9% and operating margin was -15.5%. Operating activities generated -$7.8M of cash, leaving -$8.1M of free cash flow. At fiscal year end, Creative Realities held $151.0M in total assets against $101.9M in total liabilities, including $1.6M of cash and equivalents.
Open the full interactive Creative Realities financials → Quarterly statements, key ratios, valuation history and price charts.
Creative Realities Key Stats
| Share Price | $2.32 |
|---|---|
| Market Cap | $24.5M |
| Revenue YoY Growth | +12.5% |
| 52-Week Range | $2.32 – $4.15 |
| Shares Outstanding | 10.6 million (basic, 2026 Q2) |
Creative Realities Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $17.5M | $18.4M | $43.4M | $45.2M | $50.9M | $57.2M |
| Cost of Goods Sold | $6.3M | $6.9M | $25.6M | $23.0M | $26.8M | $31.5M |
| Gross Profit | $8.1M | $8.4M | $17.7M | $22.2M | $24.0M | $25.7M |
| Operating Income | -$16.1M | -$2.5M | -$2.5M | $1.3M | $938,000 | -$8.9M |
| Pre-Tax Income | -$17.0M | $254,000 | $2.0M | -$2.9M | -$3.4M | -$7.1M |
| Income Tax | -$158,000 | $22,000 | $79,000 | $83,000 | $106,000 | $1.2M |
| Net Income | -$16.8M | $232,000 | $1.9M | -$2.9M | -$3.5M | -$8.3M |
| Diluted EPS | -$4.95 | $0.06 | $0.28 | -$0.35 | -$0.34 | — |
Creative Realities Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $10.5M | $23.9M | $16.3M | $21.5M |
| Net Income | -$7.9M | -$2.0M | -$7.5M | -$3.9M |
| Diluted EPS | -$0.75 | — | — | -$0.41 |
Creative Realities Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.8M | $2.9M | $1.6M | $2.9M | $1.0M | $1.6M |
| Current Assets | $7.0M | $9.8M | $14.0M | $18.6M | $14.5M | $33.5M |
| Total Assets | $20.6M | $22.9M | $66.0M | $70.8M | $65.2M | $151.0M |
| Current Liabilities | $7.3M | $6.9M | $16.5M | $20.2M | $26.2M | $39.3M |
| Total Long-Term Debt | $8.3M | $6.9M | $17.6M | $13.5M | $12.8M | $44.0M |
| Total Liabilities | $16.3M | $14.2M | $40.4M | $41.9M | $39.8M | $101.9M |
| Shareholders' Equity | $4.3M | $8.7M | $25.6M | $28.8M | $25.5M | $21.5M |
Creative Realities Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$3.5M | $471,000 | -$708,000 | $5.2M | $3.4M | -$7.8M |
| Cash From Investing | -$657,000 | -$1.2M | -$21.5M | -$4.0M | -$2.8M | -$40.5M |
| Cash From Financing | $3.5M | $1.7M | $20.9M | $137,000 | -$2.5M | $48.7M |
| Free Cash Flow | -$4.2M | $452,000 | -$857,000 | $4.9M | $3.4M | -$8.1M |
Figures from Creative Realities' 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 Creative Realities financials page for every line item.
Creative Realities Company Profile
| Ticker | CREX |
|---|---|
| Exchange | Nasdaq |
| Industry | Computer Integrated Systems Design (Services) |
| Headquarters | Louisville, Kentucky |
| Incorporated in | Minnesota |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001356093 |
Frequently Asked Questions
What was Creative Realities' revenue in fiscal 2025?
Creative Realities (CREX) reported revenue of $57.2M for fiscal 2025.
What is Creative Realities' annual revenue history?
Creative Realities' annual revenue by fiscal year: 2020: $17.5M; 2021: $18.4M; 2022: $43.4M; 2023: $45.2M; 2024: $50.9M; 2025: $57.2M.
What was Creative Realities' net income in fiscal 2025?
Creative Realities reported net income of -$8.3M for fiscal 2025.
How much free cash flow did Creative Realities generate in fiscal 2025?
Creative Realities generated -$8.1M of free cash flow in fiscal 2025.
What was Creative Realities' revenue last quarter?
In its most recent reported quarter (2026 Q2), Creative Realities reported revenue of $21.5M.
How much debt does Creative Realities have?
Creative Realities reported $44.0M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Creative Realities are outstanding?
Creative Realities reported a weighted average of 10.6 million basic shares outstanding in 2026 Q2.
What is Creative Realities' market cap?
Based on its latest closing price, Creative Realities (CREX) has a market capitalization of about $24.5M.
When does Creative Realities' fiscal year end?
Creative Realities' fiscal year end, as registered with the SEC, is December 31.
Where is Creative Realities headquartered?
Creative Realities lists its business address in Louisville, Kentucky in its SEC filings.