Digital Brands Group, Inc. (DBGI) Financial Statements
Industry: Apparel & Accessory Stores (Retail)
In fiscal 2025, Digital Brands reported revenue of $7.4M, down 36.1% from $11.6M the year before. Net income was -$28.3M (a -382.8% net margin), or -$87.20 per diluted share. Gross margin was 14.3% and operating margin was -400.1%. Operating activities generated -$15.9M of cash. At fiscal year end, Digital Brands held $44.5M in total assets against $35.7M in total liabilities, including $1.9M of cash and equivalents.
Open the full interactive Digital Brands financials → Quarterly statements, key ratios, valuation history and price charts.
Digital Brands Key Stats
| Share Price | $3.81 |
|---|---|
| Market Cap | $2.5M |
| Revenue YoY Growth | -36.1% |
| 52-Week Range | $3.50 – $711.20 |
| Shares Outstanding | 661,049 (basic, 2026 Q2) |
Digital Brands Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $7.6M | $14.0M | $14.9M | $11.6M | $7.4M |
| Gross Profit | $2.9M | $5.9M | $6.5M | $3.6M | $1.1M |
| Operating Income | -$31.3M | -$32.1M | -$2.1M | -$10.2M | -$29.5M |
| Pre-Tax Income | -$33.5M | -$38.0M | -$9.9M | -$13.2M | -$28.3M |
| Income Tax | -$1.1M | — | $368,034 | -$119,044 | — |
| Net Income | -$32.4M | -$38.0M | -$10.2M | -$13.1M | -$28.3M |
| Diluted EPS | -$21041131.64 | -$2466194.09 | -$48289.75 | -$3068.40 | -$87.20 |
Digital Brands Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $1.7M | $1.6M | $1.3M | $1.2M |
| Net Income | -$3.5M | -$20.6M | -$11.4M | -$9.0M |
| Diluted EPS | -$47.20 | -$1.48 | -$42.40 | -$13.59 |
Digital Brands Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash & Equivalents | $528,394 | $1.3M | $20,773 | $164,431 | $1.9M |
| Current Assets | $4.8M | $8.8M | $5.6M | $4.7M | $20.6M |
| Total Assets | $36.5M | $33.7M | $25.3M | $19.9M | $44.5M |
| Current Liabilities | $35.0M | $40.9M | $23.2M | $20.8M | $26.1M |
| Total Long-Term Debt | $6.2M | $297,438 | $150,000 | — | $12.2M |
| Total Liabilities | $43.6M | $41.2M | $23.7M | $21.2M | $35.7M |
| Shareholders' Equity | -$7.1M | -$7.5M | $1.6M | -$1.3M | $8.8M |
Digital Brands Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash From Operations | -$14.2M | -$10.6M | -$6.0M | -$6.2M | -$15.9M |
| Cash From Investing | -$6.0M | -$7.3M | $88,819 | — | — |
| Cash From Financing | $20.2M | $18.6M | $4.7M | $6.3M | $23.4M |
| Free Cash Flow | -$14.3M | -$10.6M | -$6.0M | -$6.2M | — |
Figures from Digital Brands' 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 Digital Brands financials page for every line item.
Digital Brands Company Profile
| Ticker | DBGI |
|---|---|
| Exchange | Nasdaq |
| Industry | Apparel & Accessory Stores (Retail) |
| Headquarters | Round Rock, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company, emerging growth company |
| SEC CIK | 0001668010 |
Frequently Asked Questions
What was Digital Brands' revenue in fiscal 2025?
Digital Brands (DBGI) reported revenue of $7.4M for fiscal 2025.
What is Digital Brands' annual revenue history?
Digital Brands' annual revenue by fiscal year: 2021: $7.6M; 2022: $14.0M; 2023: $14.9M; 2024: $11.6M; 2025: $7.4M.
What was Digital Brands' net income in fiscal 2025?
Digital Brands reported net income of -$28.3M for fiscal 2025.
What was Digital Brands' earnings per share (EPS) in fiscal 2025?
Digital Brands' diluted EPS was -$87.20 for fiscal 2025 (adjusted for any later stock splits).
What was Digital Brands' revenue last quarter?
In its most recent reported quarter (2026 Q2), Digital Brands reported revenue of $1.2M.
How much debt does Digital Brands have?
Digital Brands reported $12.2M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Digital Brands are outstanding?
Digital Brands reported a weighted average of 661,049 basic shares outstanding in 2026 Q2.
What is Digital Brands' market cap?
Based on its latest closing price, Digital Brands (DBGI) has a market capitalization of about $2.5M.
When does Digital Brands' fiscal year end?
Digital Brands' fiscal year end, as registered with the SEC, is December 31.
Where is Digital Brands headquartered?
Digital Brands lists its business address in Round Rock, Texas in its SEC filings.