SAIHNasdaqFinance ServicesFiscal year ends December 31Also trades as SAIHW

SAIHEAT Ltd

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 30, 2026

$30.32+2.52 (+9.06%)

Close on Oct 19, 2026

Market cap: –
P/E (TTM): –
Dividend yield: –

SAIHEAT Ltd cash flow statement

Annual QuarterlyTTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31
Depreciation & Amortization	1.43	1.66	1.35	1.66	0.31	0.08
Stock-Based Compensation	0.03	3.46	2.64	1.06	14	–
Deferred Income Taxes	–	–	–	–	0.01	0.02
Change in Accounts Receivable	-0.33	0.86	0.69	-0.37	-1.12	-0.05
Change in Inventory	0.51	-0.74	0.11	0.03	0.72	-0.85
Change in Accounts Payable	-0.30	0.40	-0.12	-1.10	1.21	0.05
Change in Unearned Revenue	–	–	–	-0.06	0.07	-0.17
Operating Cash Flow	-7.62	-5.55	-3.13	-4.93	-0.98	-1.04
Capital Expenditures	–	-0.71	-5.05	-1.87	-3.97	-0.33
Sale of Property, Plant & Equipment	0.24	0.07	0.12	0.06	–	–
Investing Cash Flow	5.16	1.35	-4.90	-6.42	-3.97	-0.76
Financing Cash Flow	1.57	2.12	0.01	19	8.19	2.89
Foreign Exchange Rate Adjustments	0.01	-0.01	-0.03	-0.44	-0.06	0.07
Net Change in Cash	-0.88	-2.10	-8.04	6.74	3.18	1.17
Free Cash Flow	–	-6.27	-8.17	-6.81	-4.95	-1.36

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Dec 31, 2025

Profitability, FY2025

Gross margin: -51.9%
Operating margin: -150.9%
Net margin: -142.7%
Return on equity, FY2025: -59.3%

Financial strength

Current ratio: 2.30
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 4.1%

Valuation

P/E ratio: –
Price to sales: –
Price to book: –
Dividend yield: –