Skye Bioscience, Inc. Financial Summary

Quick Answer

Skye Bioscience, Inc. reported Net Income of -$55.92 million for fiscal year 2025.

Skye Bioscience, Inc. — Key Financials by Year

Metric 2025 2024 2023 2022 2021 2020
Net Income -$55.92M
-110.5%
-$26.57M
+29.4%
-$37.64M
-93.2%
-$19.48M
-128.6%
-$8.52M
-29.9%
-$6.56M
-723.7%
Diluted EPS -$1.41
-93.2%
-$0.73
+86.4%
-$5.37
+38.8%
-$8.77
-43750.0%
-$0.02
+33.3%
-$0.03
+40.0%
Total Assets $28.31M
-61.1%
$72.76M
+509.4%
$11.94M
+31.1%
$9.11M
-7.5%
$9.86M
+268.9%
$2.67M
+33.8%
Cash and Equivalents $5.88M
-91.4%
$68.42M
+5345.1%
$1.26M
Stockholders Equity $20.02M
-70.6%
$68.15M
+3296.9%
-$2.13M
+29.1%
-$3.01M
-151.3%
$5.86M
+1200.9%
$450.8K
-17.7%
R&D Expense $6.01M
+105.1%
$2.93M
+50.8%
$1.94M
-13.1%
Operating Income -$58.16M
-92.6%
-$30.19M
+13.1%
-$34.74M
-89.7%
-$18.31M
-133.3%
-$7.85M
-24.8%
-$6.29M
+5.2%
Shares Outstanding 33.38M
+7.8%
30.97M
+150.8%
12.35M
+238.0%
3.65M
-99.2%
476.11M
+65.3%
288.07M
+57.5%

Most Recent Quarter

Metric Quarter Ending Value YoY QoQ
Net Income September 30, 2025 -$12.75M -227.2% +27.6%
Diluted EPS September 30, 2025 -$0.32 -220.0% +27.3%
Total Assets September 30, 2025 $41.32M -49.3% -20.8%
Cash and Equivalents September 30, 2025 $18.44M -72.6% -22.6%
Long-Term Debt September 30, 2020 $45.6K -29.9%
Stockholders Equity September 30, 2025 $32.84M -56.7% -24.8%
R&D Expense June 30, 2023 $1.79M +25.3% +50.9%
Operating Income September 30, 2025 -$13.26M -167.0% +27.3%
Shares Outstanding September 30, 2025 30.99M +2.1% +0.0%
  • Skye Bioscience, Inc. reported Net Income of -$55.92 million for fiscal year 2025.
  • Skye Bioscience, Inc. showed a decrease of -110.5% in Net Income compared to the prior fiscal year.
  • Skye Bioscience, Inc. reported Diluted EPS of $1.41 per share (loss) for fiscal year 2025.
  • Skye Bioscience, Inc. showed a decrease of -93.2% in Diluted EPS compared to the prior fiscal year.
  • Skye Bioscience, Inc. reported Total Assets of $28.31 million for fiscal year 2025.
  • Skye Bioscience, Inc. showed a decrease of -61.1% in Total Assets compared to the prior fiscal year.
  • Skye Bioscience, Inc. reported Cash and Equivalents of $5.88 million for fiscal year 2025.
  • Skye Bioscience, Inc. showed a decrease of -91.4% in Cash and Equivalents compared to the prior fiscal year.
  • Skye Bioscience, Inc. reported Stockholders Equity of $20.02 million for fiscal year 2025.
  • Skye Bioscience, Inc. showed a decrease of -70.6% in Stockholders Equity compared to the prior fiscal year.
  • Skye Bioscience, Inc. reported R&D Expense of $6.01 million for fiscal year 2022.
  • Skye Bioscience, Inc. showed an increase of +105.1% in R&D Expense compared to the prior fiscal year.
  • Skye Bioscience, Inc. reported Operating Income of -$58.16 million for fiscal year 2025.
  • Skye Bioscience, Inc. showed a decrease of -92.6% in Operating Income compared to the prior fiscal year.
  • Skye Bioscience, Inc. reported Shares Outstanding of 33.38 million shares for fiscal year 2025.
  • Skye Bioscience, Inc. showed an increase of +7.8% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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