XWELL, Inc. Financial Summary

Quick Answer

XWELL, Inc. reported Total Revenue of $33.90 million for fiscal year 2024.

XWELL, Inc. — Key Financials by Year

Metric 2024 2023 2022 2021 2020 2019
Total Revenue $33.90M
+12.6%
$30.11M
-46.2%
$55.94M
-24.1%
$73.73M
+779.3%
$8.38M
-82.7%
$48.52M
-3.2%
Revenue (ASC 606) $33.90M
+12.6%
$30.11M
-46.2%
$55.94M
-24.1%
$73.73M
+779.3%
$8.38M
-82.7%
$48.52M
Net Income -$16.85M
+39.2%
-$27.74M
+15.5%
-$32.84M
-1080.5%
$3.35M
+103.7%
-$90.49M
-326.4%
-$21.22M
+43.0%
Diluted EPS -$3.66
+44.9%
-$6.64
+5.3%
-$7.01
-23466.7%
$0.03
+101.5%
-$2.05
Total Assets $25.35M
-41.0%
$42.94M
-39.0%
$70.43M
-44.7%
$127.27M
+23.4%
$103.13M
+259.0%
$28.72M
-6.1%
Cash and Equivalents $4.55M
-5.7%
$4.83M
-74.6%
$19.04M
-82.0%
$105.51M
+17.5%
$89.80M
+4011.8%
$2.18M
-35.8%
Long-Term Debt
Stockholders Equity -$788.0K
-104.4%
$17.79M
-55.4%
$39.93M
-56.9%
$92.73M
+19.2%
$77.81M
+605.7%
$11.03M
-49.9%
R&D Expense
Operating Income -$16.71M
+40.8%
-$28.21M
+9.5%
-$31.16M
-858.8%
$4.11M
+110.2%
-$40.10M
-152.7%
-$15.87M
+54.3%
Gross Profit $8.92M
+142.3%
$3.68M
-69.4%
$12.05M
-62.8%
$32.34M
Shares Outstanding 5.26M
+26.0%
4.17M
+0.3%
4.16M
-95.9%
101.27M
+7.7%
94.06M
+1723.8%
5.16M
+192.7%

Most Recent Quarter

Metric Quarter Ending Value YoY QoQ
Total Revenue September 30, 2025 $7.34M -12.8% -4.5%
Revenue (ASC 606) September 30, 2025 $7.34M -12.8% -4.5%
Net Income September 30, 2025 -$724.0K +84.8% +68.1%
Diluted EPS September 30, 2025 -$0.26 +73.7% +53.6%
Total Assets September 30, 2025 $21.74M -35.6% -3.1%
Cash and Equivalents September 30, 2025 $3.99M -8.7% -24.2%
Long-Term Debt September 30, 2018 $6.50M +0.0% +0.0%
Stockholders Equity September 30, 2025 -$6.33M -200.5% -22.2%
R&D Expense September 30, 2014 $228.0K -57.9% +5.1%
Operating Income September 30, 2025 -$770.0K +83.9% +71.4%
Gross Profit September 30, 2025 $1.49M -27.3% -15.9%
Shares Outstanding September 30, 2025 5.77M +9.7% +9.6%
  • XWELL, Inc. reported Total Revenue of $33.90 million for fiscal year 2024.
  • XWELL, Inc. showed an increase of +12.6% in Total Revenue compared to the prior fiscal year.
  • XWELL, Inc. reported Revenue (ASC 606) of $33.90 million for fiscal year 2024.
  • XWELL, Inc. showed an increase of +12.6% in Revenue (ASC 606) compared to the prior fiscal year.
  • XWELL, Inc. reported Net Income of -$16.85 million for fiscal year 2024.
  • XWELL, Inc. showed an increase of +39.2% in Net Income compared to the prior fiscal year.
  • XWELL, Inc. reported Diluted EPS of $3.66 per share (loss) for fiscal year 2024.
  • XWELL, Inc. showed an increase of +44.9% in Diluted EPS compared to the prior fiscal year.
  • XWELL, Inc. reported Total Assets of $25.35 million for fiscal year 2024.
  • XWELL, Inc. showed a decrease of -35.0% in Total Assets compared to the prior fiscal year.
  • XWELL, Inc. reported Cash and Equivalents of $4.55 million for fiscal year 2024.
  • XWELL, Inc. showed a decrease of -46.1% in Cash and Equivalents compared to the prior fiscal year.
  • XWELL, Inc. reported Long-Term Debt of $0.00 for fiscal year 2018.
  • XWELL, Inc. showed a decrease of -100.0% in Long-Term Debt compared to the prior fiscal year.
  • XWELL, Inc. reported Stockholders Equity of -$788.0 thousand for fiscal year 2024.
  • XWELL, Inc. showed a decrease of -106.1% in Stockholders Equity compared to the prior fiscal year.
  • XWELL, Inc. reported R&D Expense of $889.0 thousand for fiscal year 2014.
  • XWELL, Inc. showed a decrease of -41.2% in R&D Expense compared to the prior fiscal year.
  • XWELL, Inc. reported Operating Income of -$16.71 million for fiscal year 2024.
  • XWELL, Inc. showed an increase of +40.8% in Operating Income compared to the prior fiscal year.
  • XWELL, Inc. reported Gross Profit of $8.92 million for fiscal year 2024.
  • XWELL, Inc. showed an increase of +142.3% in Gross Profit compared to the prior fiscal year.
  • XWELL, Inc. reported Shares Outstanding of 5.26 million shares for fiscal year 2024.
  • XWELL, Inc. showed an increase of +25.9% 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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