XELBNasdaqPatent Owners & LessorsFiscal year ends December 31
XCel Brands, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 13, 2026
$0.43−0.00 (-0.95%)
Close on Oct 19, 2026
- Market cap
- $2.62M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
100.0%+18.5 pts over 5 years
Operating margin
-267.9%−212.2 pts over 5 years
Net margin
-353.5%−309.6 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -40.2% | -42.4% | -30.0% | -15.8% | |
| Gross profit | -36.8% | -34.8% | -27.1% | -15.8% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 2.7% | -14.1% | -72.2% | |
| Return on assets | 1.8% | -9.7% | -37.7% | |
| Current ratio | 2.11 | 1.57 | 0.49 | |
| Debt to equity | 0.30 | 0.19 | 0.71 | |
| Net debt to EBITDA | 2.53× | -0.97× | -1.20× | |
| Interest coverage | 3.7× | -13.5× | -6.4× | |
| Inventory turnover | – | 5.2× | – | |
| Capex to revenue | 6.6% | 2.5% | 0.2% | |
| Diluted shares | 2M | 2M | 3M |
Where the cash went
Fiscal 2021 to 2025, five years combined
XCel Brands generated $39.02M from operations and spent $2.35M on capital expenditure, dividends and share buybacks. 67% of that went back into the business.
Generated
$39.02M
Used
$2.35M
Capital expenditure$1.58M67%Dividends$00%Share buybacks$769.00K33%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-353.5%
×Asset turnover0.11×
×Equity multiplier1.92×
=Return on equity, FY2025-72.2%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -353.5% | 0.11× | 1.92× | -72.2% |
| FY2024 | -271.2% | 0.13× | 1.56× | -55.7% |
| FY2023 | -118.6% | 0.22× | 1.33× | -34.8% |
| FY2022 | -15.6% | 0.24× | 1.48× | -5.5% |
| FY2021 | -32.1% | 0.30× | 1.55× | -15.2% |
| FY2020 | -43.9% | 0.22× | 1.45× | -14.1% |
| FY2019 | -8.2% | 0.30× | 1.42× | -3.5% |
| FY2018 | 3.1% | 0.26× | 1.38× | 1.1% |
| FY2017 | -31.9% | 0.22× | 1.40× | -9.9% |
| FY2016 | 8.4% | 0.22× | 1.47× | 2.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$17.46M
- Cash generatingOperating cash flow above zero-$7.02M
- Return on assets improvedROA up on the prior year-31.3% → -32.5%
- Earnings backed by cashOperating cash flow above net income-$7.02M vs -$17.46M
- Less leverageLong-term debt to assets fell12.2% → 24.3%
- Better liquidityCurrent ratio rose0.39 → 0.49
- No dilutionShare count did not rise2M → 3M
- Gross margin improvedGross margin up on the prior year94.61% → 100.00%
- More efficientAsset turnover rose0.12 → 0.09