Sound Point Meridian Capital Inc
Financial ServicesNYSE:SPMC · New York Stock Exchange
-$0.24 today
Vol 0.10M · Avg 0.04M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$128.8M of revenue converted into -$118.5M of net income for the selected period. Gross margin is 79.1% and net margin is -109.3%, showing how much revenue survives after costs and taxes. EPS is $-5.74, tying the income statement back to per-share earnings.
Income Statement
Annual data · 4 periods
| Metric | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenue | -$108.0M -253.9% | $70.1M +8.7% | $64.5M +0.0% | $64.5M | $888.0M | $1.0B | $809.6M |
| Cost of Revenue | $14.0M -25.7% | $18.8M +16307.3% | $114.8K +0.0% | $114.8K | -$1.7B | $344.8M | $725.6M |
| Gross Profit | -$122.0M -337.7% | $51.3M -20.3% | $64.4M +0.0% | $64.4M | $11.6B | $10.3B | $8.9B |
| Gross Margin | 113.0% +39.8pp | 73.1% -26.7pp | 99.8% +0.0pp | 99.8% | 26.4% | 45.5% | 9.8% |
| Research & Development | $0 | $0 | $0 | $0 | $1.2B | $378.4M | $983.2M |
| Selling, General & Admin | $4.2M | $0 -100.0% | $792.4K +0.0% | $792.4K | $811.0M | $1.4B | $620.6M |
| Operating Expenses | $4.3M -85.3% | $29.0M +3563.4% | $792.4K +0.0% | $792.4K | -$15.9B | $3.6B | $5.3B |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $419.0M | $1.2B | $374.2M |
| EBITDA | -$126.2M -666.5% | $22.3M -65.0% | $63.6M +0.0% | $63.6M | $10.0B | $12.6B | -$15.2B |
| EBITDA Margin | 116.9% +85.1pp | 31.8% -66.8pp | 98.6% +0.0pp | 98.6% | 14.3% | 10.0% | 5.6% |
| Operating Income | -$126.2M -666.5% | $22.3M -65.0% | $63.6M +0.0% | $63.6M | $9.0B | $10.6B | $12.3B |
| Operating Margin | 116.9% +85.1pp | 31.8% -66.8pp | 98.6% +0.0pp | 98.6% | 11.2% | 18.7% | 16.6% |
| Interest Income | $65.9M -6.2% | $70.3M +112.3% | $33.1M +0.0% | $33.1M | $875.4M | $1.3B | -$1.5B |
| Interest Expense | $14.0M +198.9% | $4.7M +3976.9% | $114.8K +0.0% | $114.8K | $801.2M | $969.2M | $1.1B |
| Other Income / Expenses | $0 +100.0% | -$4.7M | $0 | $0 | $368.6M | -$1.6B | -$1.5B |
| Income Before Tax | -$126.2M -817.2% | $17.6M -72.3% | $63.6M +0.0% | $63.6M | $13.9B | -$15.6B | $3.3B |
| Pre-Tax Margin | 116.9% +91.8pp | 25.1% -73.5pp | 98.6% +0.0pp | 98.6% | 15.4% | 13.3% | 20.8% |
| Income Tax Expense | $0 | $0 | $0 | $0 | $375.6M | $666.8M | $1.3B |
| Net Income | -$126.2M -817.2% | $17.6M -72.3% | $63.6M +0.0% | $63.6M | $5.1B | $5.0B | $4.9B |
| Net Margin | 116.9% +91.8pp | 25.1% -73.5pp | 98.6% +0.0pp | 98.6% | 47.3% | 7.4% | 12.4% |
| EPS (Basic) | -$6 -803.4% | $1 +0.0% | $1 -100.0% | $3.1K | $591.2M | $1.2B | $400.8M |
| EPS (Diluted) | -$6 -803.4% | $1 +0.0% | $1 -100.0% | $3.1K | $777.4M | $620.6M | $766.2M |
| Weighted Avg Shares | $20.6M +1.5% | $20.3M -0.0% | $20.3M +0.2% | $20.3M | $724.2M | $892.2M | $757.8M |
| Weighted Avg Shares (Diluted) | $20.6M +1.5% | $20.3M -0.0% | $20.3M +0.2% | $20.3M | $566.0M | $319.6M | $1.2B |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
NewtekOne, Inc. Depositary Shares, Non-Cumulative Perpetual Preferred Stock, Series B
NEWTP
$671.99M
Saratoga Investment Corp.
NYSE:SAR
$365.05M
Rice Acquisition Corporation 3
KRSP-UN
$365.01M
Inflection Point Acquisition Corp. III
NASDAQ:IPCX
$355.76M
Talon Capital Corp. Class A Ordinary Shares
NASDAQ:TLNC
$349.10M
Pioneer Acquisition I Corp.
NASDAQ:PACH
$323.84M
Spring Valley Acquisition Corp. III Class A Ordinary Shares
NASDAQ:SVAC
$316.79M
Stellus Capital Investment Corporation
NYSE:SCM
$260.81M
ProCap Financial, Inc.
NASDAQ:BRR
$146.73M
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does SPMC generate?
Sound Point Meridian Capital Inc (SPMC) reported -$107,970,055.00 of revenue in fiscal 2026.
Is SPMC profitable?
Sound Point Meridian Capital Inc (SPMC) reported -$126,225,354.00 of net income, with a net margin of 116.9%.
Explore More
Continue the stock analysis
Jump to another research area for this company.