Duos Technologies Group, Inc. (DUOT) Financial Statements
Industry: Prepackaged Software (Services)
In fiscal 2025, Duos Technologies reported revenue of $27.0M, up 271.2% from $7.3M the year before. Net income was -$9.8M (a -36.4% net margin), or -$0.64 per diluted share. Gross margin was 29.2% and operating margin was -36.1%. Operating activities generated -$13.7M of cash, leaving -$37.4M of free cash flow. At fiscal year end, Duos Technologies held $63.4M in total assets against $14.9M in total liabilities.
Open the full interactive Duos Technologies financials → Quarterly statements, key ratios, valuation history and price charts.
Duos Technologies Key Stats
| Share Price | $6.41 |
|---|---|
| Market Cap | $227.8M |
| Revenue YoY Growth | +271.2% |
| 52-Week Range | $6.30 – $14.64 |
| Shares Outstanding | 30.1 million (basic, 2026 Q2) |
Duos Technologies Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $8.0M | $8.3M | $15.0M | $7.5M | $7.3M | $27.0M |
| Gross Profit | $2.8M | -$2.6M | $4.7M | $1.3M | $469,215 | $7.9M |
| Operating Income | -$6.6M | -$7.5M | -$6.9M | -$11.4M | -$11.0M | -$9.8M |
| Pre-Tax Income | -$6.7M | -$6.0M | -$6.9M | -$11.2M | -$10.8M | -$9.8M |
| Income Tax | — | $0 | — | — | — | — |
| Net Income | -$6.7M | -$6.0M | -$6.9M | -$11.2M | -$10.8M | -$9.8M |
| Diluted EPS | -$2.03 | — | -$1.11 | -$1.56 | -$1.39 | -$0.64 |
Duos Technologies Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $6.9M | $9.5M | $2.7M | $6.2M |
| Net Income | -$1.0M | -$3.2M | -$3.5M | $47.8M |
| Diluted EPS | -$0.06 | -$0.21 | -$0.15 | $1.35 |
Duos Technologies Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Current Assets | $5.8M | $3.3M | $6.8M | $6.3M | $8.1M | $23.1M |
| Total Assets | $6.4M | $9.5M | $13.1M | $12.8M | $35.0M | $63.4M |
| Current Liabilities | $3.6M | $3.9M | $4.5M | $3.2M | $16.1M | $11.1M |
| Total Long-Term Debt | $1.5M | $1.4M | — | — | $2.2M | — |
| Total Liabilities | $4.5M | $8.7M | $9.0M | $7.5M | $32.7M | $14.9M |
| Shareholders' Equity | $1.9M | $781,485 | $4.1M | $5.4M | $2.3M | $48.6M |
Duos Technologies Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$4.2M | -$6.6M | -$7.9M | -$8.7M | -$3.5M | -$13.7M |
| Cash From Investing | -$287,331 | -$552,940 | -$644,888 | -$1.1M | -$1.8M | -$23.7M |
| Cash From Financing | $8.4M | $4.1M | $8.7M | $11.2M | $9.2M | $46.7M |
| Free Cash Flow | -$4.5M | -$7.1M | -$8.2M | -$9.2M | -$5.3M | -$37.4M |
Figures from Duos Technologies' 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 Duos Technologies financials page for every line item.
Duos Technologies Company Profile
| Ticker | DUOT |
|---|---|
| Exchange | Nasdaq |
| Industry | Prepackaged Software (Services) |
| Headquarters | Jacksonville, Florida |
| Incorporated in | Florida |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001396536 |
Frequently Asked Questions
What was Duos Technologies' revenue in fiscal 2025?
Duos Technologies (DUOT) reported revenue of $27.0M for fiscal 2025.
What is Duos Technologies' annual revenue history?
Duos Technologies' annual revenue by fiscal year: 2020: $8.0M; 2021: $8.3M; 2022: $15.0M; 2023: $7.5M; 2024: $7.3M; 2025: $27.0M.
What was Duos Technologies' net income in fiscal 2025?
Duos Technologies reported net income of -$9.8M for fiscal 2025.
What was Duos Technologies' earnings per share (EPS) in fiscal 2025?
Duos Technologies' diluted EPS was -$0.64 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Duos Technologies generate in fiscal 2025?
Duos Technologies generated -$37.4M of free cash flow in fiscal 2025.
What was Duos Technologies' revenue last quarter?
In its most recent reported quarter (2026 Q2), Duos Technologies reported revenue of $6.2M.
How many shares of Duos Technologies are outstanding?
Duos Technologies reported a weighted average of 30.1 million basic shares outstanding in 2026 Q2.
What is Duos Technologies' market cap?
Based on its latest closing price, Duos Technologies (DUOT) has a market capitalization of about $227.8M.
When does Duos Technologies' fiscal year end?
Duos Technologies' fiscal year end, as registered with the SEC, is December 31.
Where is Duos Technologies headquartered?
Duos Technologies lists its business address in Jacksonville, Florida in its SEC filings.