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

SAIHEAT Limited

SAIH Technology Information Technology Services

SAIHEAT Limited’s revenue for fiscal 2025 (year ended December 2025) was $4.5 million, down 18.4% from fiscal 2024.

27.80 0.21 −0.75%

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Market cap: $50.9M
P/E: 0.0×
Fwd P/E: —
Dividend yield: —
F-score: 1/9
Altman Z: −3.78
Beneish M: n/a
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 50.85

Revenue —

Net Income (16.76)

Free Cash Flow (1.10)

Net Debt 1.91

Current Ratio 1.82

Debt/Equity 0.26

P/E ratio 0.00

Fwd P/E —

P/S ratio 0.00

P/B ratio 0.21

Past 5Y EPS Growth —

This Y EPS Growth —

Next Y EPS Growth —

Next Y revenue growth —

Next 5Y EPS Growth —

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

Valuation vs history

P/B against its own 10 years 93.43%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

Assets vs Liabilities $m

	2022	2023	2024	2025
Cash	11	3	4	6
Receivables	2	1	0	0
Inventory	0	0	1	0
Other	6	8	9	5
	19	12	14	11

	2022	2023	2024	2025
Payables	0	0	0	1
ST’ Debt	0	—	2	4
Other	0	—	1	0
	1	1	4	5

Compound Annual Growth %

	10y	5y	3y
Sales	—	—	(24.81%)
Cash Flow	—	0.00%	0.00%
Earnings	—	0.00%	0.00%
Book Value	—	(29.28%)	(28.58%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’25	—	—	—	—	5
’24	—	—	—	—	6
’23	—	—	—	—	7
’22	—	—	—	—	11

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’25	—	—	—	—	(8)
’24	—	—	—	—	(6)
’23	—	—	—	—	(3)
’22	0	—	—	—	(5)
’21	0	0	(1)	0	(1)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’25	—	—	—	—	(7)
’24	—	—	—	—	(6)
’23	—	—	—	—	(8)
’22	0	—	—	—	(7)
’21	0	0	(1)	0	(5)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’25	—	—	—	—	(3.51)
’24	—	—	—	—	(3.46)
’23	—	—	—	—	(3.90)
’22	(7.04)	—	—	—	(6.90)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	—	—	143.70	30.15	12.15	8.03	3.00	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	—	—	149.85	189.00	111.00	26.99	15.41
People
People	Employees	—	—	—	—	—	27	28	37	34	16
	Revenue/emp, $m	—	—	—	—	—	0.63	0.38	0.18	0.16	0.28
Income, $m
Income, $m	Revenue	—	—	—	—	—	17	11	7	6	5
	Gross margin, %	—	—	—	—	—	7.42	10.72	6.74	(18.22)	(51.88)
	EBT	—	—	—	—	—	(17)	(9)	(6)	(6)	(6)
	EBT margin, %	—	—	—	—	—	(97.90)	(83.15)	(90.32)	(106.19)	(142.72)
	Net income	—	0	—	—	—	(17)	(9)	(6)	(6)	(6)
	Depreciation	—	—	—	—	—	0	2	2	2	2
Per share, $
Per share, $	Revenue	—	—	—	—	—	20.52	8.30	4.20	3.26	2.46
	Earnings	—	—	—	—	—	(20.12)	(6.90)	(3.90)	(3.46)	(3.51)
	Cash flow	—	—	—	—	—	(1.18)	(3.85)	(1.94)	(3.26)	(4.15)
	Capex	—	—	—	—	—	(4.78)	(1.41)	(3.06)	(0.38)	0.13
	Free cash flow	—	—	—	—	—	(5.97)	(5.26)	(4.99)	(3.64)	(4.02)
	Book value	—	—	—	—	—	(2.85)	15.84	10.42	8.44	4.03
	Shares, m	—	—	—	—	—	1	1	2	2	2
Valuation, ×
Valuation, ×	P/E	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00
	P/S	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00
	P/B	—	—	—	—	—	0.00	0.12	0.08	0.07	0.07
	EV/Sales	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00
	EV/FCF	—	—	—	—	—	(120.25)	12.13	9.54	(0.03)	(2.48)
Cash, $m
Cash, $m	Operating cash flow	—	—	—	—	—	(1)	(5)	(3)	(6)	(8)
	Capex	—	—	—	—	—	(4)	(2)	(5)	(1)	0
	Free cash flow	—	—	—	—	—	(5)	(7)	(8)	(6)	(7)
Balance, $m
Balance, $m	Working capital	—	—	—	—	—	5	18	12	10	6
	Total debt	—	—	—	—	—	0	0	—	2	4
	Net debt	—	—	—	—	—	(4)	(11)	(3)	(2)	(2)
	Shareholders’ equity	—	—	—	—	—	(2)	20	17	14	7
Returns, %
Returns, %	ROA	—	—	—	—	—	(59.10)	(54.21)	(31.24)	(32.16)	(41.31)
	ROIC	—	—	—	—	—	0.00	(50.30)	(33.97)	(40.18)	(80.22)
	ROE	—	—	—	—	—	(84.64)	(98.55)	(32.96)	(37.75)	(59.31)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025

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
QXL Quantum X Labs Inc.	$83.7M	30.1×	—	−20.81% (below 0%: shrinking)	n/m	−160.00% (below 0%: shrinking)	100.00%	831.40%	Compare
TTEC TeleTech Holdings, Inc.	$81.8M	— (loss-making)	7.3×	−11.31% (below 0%: shrinking)	n/m	−54.78% (below 0%: shrinking)	21.44%	2.42%	Compare
CSPI CSP Inc.	$74.7M	— (loss-making)	17.1×	−6.80% (below 0%: shrinking)	n/m	+113.35% (above 0%: growing)	30.09%	(10.71%)	Compare
WYY WidePoint Corporation	$64.7M	— (loss-making)	— (loss-making)	+1.92% (above 0%: growing)	n/m	−103.84% (below 0%: shrinking)	15.39%	0.03%	Compare
CTM Castellum, Inc.	$55.5M	— (loss-making)	— (loss-making)	−1.14% (below 0%: shrinking)	n/m	+791.11% (above 0%: growing)	34.04%	(7.89%)	Compare
SAIH SAIHEAT Limited	$50.9M	— (loss-making)	—	—	n/m	−2,693.33% (below 0%: shrinking)	11.20%	0.00%
AIOS AIOS Tech Inc.	$36.2M	0.1×	0.3×	+86.74% (above 0%: growing)	n/m	+102.58% (above 0%: growing)	15.66%	0.00%	Compare
CLPS CLPS Incorporation	$30.3M	4.0×	7.3×	+8.64% (above 0%: growing)	−150.00% (below 0%: shrinking)	+78.34% (above 0%: growing)	21.77%	0.00%	Compare
JFU 9F Inc. Sponsored ADR	$23.5M	— (loss-making)	— (loss-making)	−40.53% (below 0%: shrinking)	n/m	—	0.00%	0.00%	Compare
Median of peers	$60.1M	4.0×	7.3×	−3.97%	—	+78.34%	21.61%	0.00%

All 73 Information Technology Services stocks →

SAIHEAT Limited (SAIH) key facts

Concern: SAIHEAT Limited’s revenue for fiscal 2025 (year ended December 2025) was $4.5 million, down 18.4% from fiscal 2024.
SAIHEAT Limited (SAIH) is an Information Technology Services company in the Technology sector, listed on Nasdaq.
As of October 16, 2026, SAIH traded at $27.80, a market capitalization of $50.9 million.
Return on equity was −59.3% and debt-to-equity 0.26.
Its Piotroski F-score is 1 out of 9 and its Altman Z-score is −3.78 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.