Saturday 17 October 2026 Export BKYI’s income statement to Excel — free account

BIO-key International Inc.

BKYI Industrials Security & Protection Services

BIO-key International Inc.’s revenue for fiscal 2025 (year ended December 2025) was $5.9 million, down 14.3% from fiscal 2024. In the quarter to June 2026, revenue grew 13.2%, EPS grew 72.0%, free cash flow grew 4.04% and total debt fell 90.1%, each against the same quarter a year earlier.

2.60 0.35 −11.86%

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Market cap: $4.2M
P/E: 0.0×
Fwd P/E: 0.0×
Dividend yield: —
F-score: 3/9
Altman Z: −24.13
Beneish M: −3.33
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 4.24

Revenue 6.70

Net Income (6.04)

Free Cash Flow (4.16)

Net Debt (1.37)

Current Ratio 1.26

Debt/Equity 0.00

P/E ratio 0.00

Fwd P/E 0.00

P/S ratio 0.40

P/B ratio 0.62

Past 5Y EPS Growth —

This Y EPS Growth 76.52%

Next Y EPS Growth 113.58%

Next Y revenue growth 51.58%

Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 12.64%

10-year low 10-year high

P/B against its own 10 years 9.07%

10-year low 10-year high

EV/Sales against its own 10 years 15.30%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2017	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	1	0	3	1
Receivables	1	1	1	2
Inventory	0	0	0	0
Other	—	—	—	—
	3	2	5	4

	2023	2024	2025	Q'26
Payables	1	1	1	0
ST’ Debt	0	0	0	0
Other	—	—	—	—
	3	5	3	3

Compound Annual Growth %

	10y	5y	3y
Sales	1.22%	15.92%	(5.43%)
Cash Flow	0.00%	0.00%	0.00%
Earnings	0.00%	0.00%	0.00%
Book Value	(11.91%)	(24.15%)	(1.24%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	2	2	—	—	—
’25	2	2	2	1	6
’24	2	1	2	1	7
’23	2	2	2	2	8
’22	2	2	1	2	7
’21	2	1	1	1	5
’20	1	0	1	1	3

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	0	(1)	—	—	—
’25	(1)	(1)	(1)	(2)	(5)
’24	0	(1)	(1)	(1)	(3)
’23	(2)	0	0	(2)	(4)
’22	(1)	(1)	(2)	(2)	(6)
’21	(3)	(2)	(2)	(2)	(9)
’20	(1)	(1)	(2)	(1)	(5)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	0	(1)	—	—	—
’25	(1)	(1)	(1)	(2)	(5)
’24	0	(1)	(1)	(1)	(3)
’23	(2)	0	0	(2)	(4)
’22	(1)	(1)	(2)	(2)	(6)
’21	(3)	(2)	(2)	(2)	(9)
’20	(1)	(3)	(2)	(1)	(5)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.15)	(0.56)	—	—	—
’25	(1.60)	(2.00)	(1.50)	(5.73)	(10.77)
’24	(3.20)	(10.00)	(3.90)	(5.30)	(21.00)
’23	(35.11)	(47.11)	(32.20)	(37.68)	(152.10)
’22	(21.58)	(37.77)	(52.16)	(158.65)	(226.62)
’21	(16.19)	(26.98)	(23.38)	(46.76)	(116.91)
’20	(330.93)	(115.11)	(86.33)	(32.37)	(374.10)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	1,900.80	1,728.00	1,080.00	576.00	495.00	381.60	93.60	23.40	5.20	5.10	Analyst estimates 2026–2028 Powerpack
	High	5,356.80	5,284.80	5,241.60	2,332.80	3,715.20	930.60	522.00	162.00	34.30	36.80
People
People	Employees	21	19	18	15	34	51	51	43	42	42
	Revenue/emp, $m	0.14	0.33	0.22	0.15	0.08	0.10	0.14	0.18	0.16	0.14
Income, $m
Income, $m	Revenue	3	6	4	2	3	5	7	8	7	6
	Gross margin, %	75.48	48.56	(2.96)	(8.54)	71.98	67.29	65.25	18.46	81.39	76.87
	EBT	(4)	(4)	(7)	(15)	(10)	(5)	(12)	(9)	(4)	(7)
	EBT margin, %	(140.79)	(67.83)	(169.83)	(643.38)	(341.02)	(99.05)	(169.94)	(111.62)	(62.39)	(120.27)
	Net income	(4)	(4)	(7)	(15)	(10)	(5)	(12)	(9)	(4)	(7)
	Depreciation	0	2	2	2	5	0	0	1	1	1
Per share, $
Per share, $	Revenue	763.03	1,370.22	499.32	229.04	108.69	118.12	160.65	138.48	33.64	8.93
	Earnings	(1,280.58)	(1,093.52)	(1,050.36)	(1,482.01)	(374.10)	(116.91)	(226.62)	(152.10)	(21.00)	(10.77)
	Cash flow	(1,140.21)	(535.98)	(199.20)	(186.90)	(189.66)	(207.35)	(142.54)	(67.74)	(14.15)	(7.02)
	Capex	(13.59)	(49.30)	(10.19)	(3.08)	(1.36)	(0.97)	(1.88)	(0.02)	(0.06)	(0.02)
	Free cash flow	(1,153.79)	(585.28)	(209.38)	(189.98)	(191.02)	(208.32)	(144.42)	(67.76)	(14.21)	(7.04)
	Book value	3,962.28	2,989.85	1,292.12	(230.83)	779.12	360.64	121.32	18.99	18.31	7.68
	Shares, m	0	0	0	0	0	0	0	0	0	1
Valuation, ×
Valuation, ×	P/E	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	P/S	4.77	1.98	2.16	3.14	5.83	3.37	0.72	0.20	0.51	0.60
	P/B	0.92	0.91	0.84	0.00	0.81	1.10	0.95	1.45	0.93	0.70
	EV/Sales	4.42	1.93	2.08	4.12	(0.08)	1.90	0.41	0.17	0.47	0.33
	EV/FCF	(2.92)	(4.62)	(5.06)	(4.97)	0.03	(0.88)	(0.34)	(0.23)	(0.66)	(0.29)
Cash, $m
Cash, $m	Operating cash flow	(4)	(2)	(2)	(2)	(5)	(9)	(6)	(4)	(3)	(5)
	Capex	0	0	0	0	0	0	0	0	0	0
	Free cash flow	(4)	(3)	(2)	(2)	(5)	(9)	(6)	(4)	(3)	(5)
Balance, $m
Balance, $m	Working capital	3	5	3	(3)	17	12	4	(1)	(3)	1
	Total debt	—	—	—	3	1	0	0	0	0	0
	Net debt	(1)	0	0	2	(17)	(7)	(2)	0	0	(3)
	Shareholders’ equity	15	14	10	(2)	20	16	5	1	4	5
Returns, %
Returns, %	ROA	(26.48)	(30.24)	(61.19)	(205.63)	(78.24)	(25.15)	(81.82)	(107.45)	(65.50)	(84.61)
	ROIC	(18.25)	(19.85)	(42.33)	0.00	(91.36)	(38.01)	(199.24)	(627.08)	(71.38)	(173.28)
	ROE	(29.71)	(34.54)	(70.16)	(356.65)	(108.44)	(28.18)	(113.88)	(267.77)	(177.88)	(161.24)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
SPCB SuperCom, Ltd.	$58.4M	— (loss-making)	16.6×	+13.28% (above 0%: growing)	−20.00% (below 0%: shrinking)	−109.90% (below 0%: shrinking)	60.37%	10.61%	Compare
SNT Senstar Technologies Ltd.	$32.7M	104×	—	+8.21% (above 0%: growing)	−70.00% (below 0%: shrinking)	+251.01% (above 0%: growing)	64.20%	3.29%	Compare
BAER Bridger Aerospace Group Holdings, Inc.	$30.1M	— (loss-making)	— (loss-making)	−0.84% (below 0%: shrinking)	n/m	−9,846.91% (below 0%: shrinking)	37.13%	19.72%	Compare
KSCP Knightscope, Inc.	$13.5M	— (loss-making)	— (loss-making)	+228.26% (above 0%: growing)	n/m	−107.72% (below 0%: shrinking)	7.36%	(145.09%)	Compare
GFAI Guardforce AI Co., Limited	$6.5M	— (loss-making)	— (loss-making)	+0.05% (above 0%: growing)	n/m	+51.02% (above 0%: growing)	6.64%	0.00%	Compare
SUGP SU Group Holdings Limited	$4.4M	—	—	—	—	—	—	—	Compare
BKYI BIO-key International Inc.	$4.2M	— (loss-making)	— (loss-making)	+13.15% (above 0%: growing)	n/m	+4.04% (above 0%: growing)	87.19%	(27.57%)
OPNW OpenWorld, Inc.	$3.8M	— (loss-making)	— (loss-making)	−57.79% (below 0%: shrinking)	n/m	−176.67% (below 0%: shrinking)	53.51%	(29.14%)	Compare
IVDA Iveda Solutions, Inc.	$2.9M	— (loss-making)	0.8×	−47.52% (below 0%: shrinking)	n/m	−7.79% (below 0%: shrinking)	54.70%	(88.56%)	Compare
Median of peers	$10.0M	—	—	+0.05%	—	−107.72%	53.51%	0.00%

All 22 Security & Protection Services stocks →

BIO-key International Inc. (BKYI) key facts

Concern: BIO-key International Inc.’s revenue for fiscal 2025 (year ended December 2025) was $5.9 million, down 14.3% from fiscal 2024.
BIO-key International Inc. (BKYI) is a Security & Protection Services company in the Industrials sector, listed on Nasdaq.
As of October 16, 2026, BKYI traded at $2.60, a market capitalization of $4.2 million.
Return on equity was −161.2% and debt-to-equity 0.00.
Its Piotroski F-score is 3 out of 9 and its Altman Z-score is −24.13 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.