RETRACTABLE TECHNOLOGIES INC
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $38.3M | $33.0M | $43.6M | $94.8M | $188.4M |
| Cost of revenue | $38.2M | $34.1M | $34.5M | $66.6M | $93.0M |
| Gross profit | $47,046 | -$1.0M | $9.1M | $28.3M | $95.4M |
| Research and development | $675,567 | $673,944 | $581,172 | $525,727 | $901,381 |
| Operating expenses | $21.2M | $20.1M | $20.6M | $29.1M | $22.8M |
| Operating income | -$21.2M | -$21.1M | -$11.5M | -$852,976 | $72.6M |
| Interest expense | $87,904 | $122,500 | $152,166 | $170,651 | $227,183 |
| Pretax income | -$12.3M | -$3.5M | -$8.9M | $5.2M | $75.0M |
| Income tax expense | $291,293 | $8.4M | -$1.9M | $83,870 | $18.9M |
| Net income | -$12.6M | -$11.9M | -$7.0M | $5.1M | $56.1M |
| Balance Sheet | |||||
| Cash and equivalents | $2.6M | $4.2M | $12.7M | $19.7M | $29.2M |
| Current assets | $63.1M | $73.3M | $77.6M | $88.8M | $104.5M |
| Total assets | $142.6M | $160.7M | $179.7M | $195.7M | $206.3M |
| Current liabilities | $9.6M | $8.8M | $9.4M | $12.1M | $35.3M |
| Total liabilities | $68.3M | $73.6M | $80.4M | $89.1M | $107.1M |
| Stockholders' equity | $74.4M | $87.2M | $99.3M | $106.5M | $99.2M |
| Cash Flow Statement | |||||
| Cash from operations | -$7.1M | -$11.6M | $2.8M | $16.8M | $32.8M |
| Depreciation and amortization | $7.8M | $7.6M | $7.5M | $4.6M | $1.3M |
| Stock-based compensation | — | $0 | $0 | $10.1M | $3.7M |
| Capital expenditure | — | $1.4M | $852,979 | $16.8M | $58.4M |
| Free cash flow | — | -$13.0M | $1.9M | -$61,949 | -$25.6M |
| Share repurchases | — | — | — | $7.6M | $5.3M |
Shares outstanding 29.9M · Free float 22.8%
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.