Stocks · Technology · Miscellaneous Electrical Machinery, Equipment & Supplies

XCHG Ltd

XCH Clue Score20
Cayman Islands Fiscal year ends December CIK 0001979887
$2.94 -1.67% Close, 9 Oct 2026
Price $2.94 +145.00% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 10 Sep 2024. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2022Revenue29.4Operating income1.7Net income1.6Fiscal year 2023Revenue38.5 +30.9%Operating income−6.5Net income−8.1 −602.1%EPS, diluted−0.01Fiscal year 2024Revenue42.2 +9.6%Operating income−12.0Net income−11.9Fiscal year 2025Revenue25.1 −40.5%Operating income−32.6Net income−32.5
FY2022FY2023FY2024FY2025
Revenue 29.4 38.5 42.2 25.1
Growth +30.9% +9.6% −40.5%
Operating income 1.7 −6.5 −12.0 −32.6
Net income 1.6 −8.1 −11.9 −32.5
Growth −602.1%
EPS, diluted n/a −0.01 n/a n/a

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2022Gross margin36.4%Operating margin5.6%Net margin5.5%Fiscal year 2023Gross margin45.6%Operating margin−16.9%Net margin−21.0%Fiscal year 2024Gross margin50.3%Operating margin−28.5%Net margin−28.3%Fiscal year 2025Gross margin46.2%Operating margin−129.9%Net margin−129.5%
FY2022FY2023FY2024FY2025
Gross margin 36.4% 45.6% 50.3% 46.2%
Operating margin 5.6% −16.9% −28.5% −129.9%
Net margin 5.5% −21.0% −28.3% −129.5%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flow
Fiscal year 2022Operating cash flow0.8Fiscal year 2023Operating cash flow−5.6Fiscal year 2024Operating cash flow−7.2Fiscal year 2025Operating cash flow−7.5
FY2022FY2023FY2024FY2025
Operating cash flow 0.8 −5.6 −7.2 −7.5

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2022Shareholders’ equity−28.0Fiscal year 2023Cash15.7Shareholders’ equity−30.0Fiscal year 2024Cash26.8Shareholders’ equity29.5Fiscal year 2025Cash11.4Shareholders’ equity17.9
FY2022FY2023FY2024FY2025
Cash n/a 15.7 26.8 11.4
Shareholders’ equity −28.0 −30.0 29.5 17.9

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024† 31 Dec 2024 FY2025† 31 Dec 2025
Revenue and profit
29.4 38.5 42.2 25.1
Growth +30.9% +9.6% −40.5%
18.7 20.9 21.0 13.5
10.7 17.6 21.2 11.6
Growth +64.2% +20.8% −45.4%
2.8 4.1 12.2 7.1
2.7 14.0 10.8 26.6
1.7 −6.5 −12.0 −32.6
Growth −493.8%
1.6 −8.1 −11.9 −32.5
−0.0 n/a n/a n/a
1.6 −8.1 −11.9 −32.5
Growth −602.1%
Per share
n/a −0.01 n/a n/a
n/a −0.01 n/a n/a
Growth
656.2 713.3 1,287 2,797
656.2 713.3 1,287 2,797
Growth +8.7% +80.5% +117.3%

† The diluted share count jumps at 2024 and 2025, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Five years in brief

Worked out from the figures above, not from a press release
  • A net loss in 3 of 4 years on file.