ZCMDNasdaqServices-Educational ServicesFiscal year ends December 31

Zhongchao Inc.

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 3, 2026

$1.38+0.07 (+5.34%)

Close on Oct 19, 2026

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

Zhongchao Inc. income statement

AnnualQuarterlyTTM

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	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31
Revenue	11	16	19	14	16	18	15	13	9.82
Cost of Revenue	6.25	6.95	11	7.79	6.86	6.12	4.66	4.46	3.97
Gross Profit	5.12	8.91	8.51	6.36	9.44	12	10	8.41	5.85
Research & Development	0.01	0.25	0.51	0.41	0.76	0.82	0.86	1.45	0.94
Selling, General & Admin	11	9.00	13	8.90	9.00	6.57	5.72	3.69	3.85
Selling & Marketing	1.49	4.01	6.71	2.10	3.14	3.44	3.20	2.26	2.72
General & Administrative	9.81	4.99	6.70	6.80	5.86	3.12	2.52	1.43	1.14
Advertising Expenses	0.44	2.52	4.20	0.99	2.20	2.85	2.67	1.99	2.44
Operating Expenses	11	9.25	22	9.31	9.76	7.38	6.58	5.13	4.80
Operating Income	-6.19	-0.34	-13	-2.95	-0.32	4.49	3.64	–	–
Interest & Investment Income	0.25	0.21	0.19	–	–	–	–	–	–
Income from Equity Investments	–	-0.02	0.00	0.00	-0.01	-0.03	–	–	–
Other Non-Operating Income	0.08	0.16	1.07	0.26	0.03	0.31	0.53	0.04	0.28
Asset Impairment Charges	–	0.00	5.62	–	–	–	–	–	–
Gain (Loss) on Investments	–	–	–	–	–	-0.01	–	–	–
Gain (Loss) on Sale of Assets	-0.02	0.00	-1.72	0.10	–	–	–	–	–
Pretax Income	-5.77	0.06	-12	-2.55	-0.11	4.94	4.39	3.50	1.34
Income Tax Expense	0.05	0.34	-0.67	0.27	-0.35	0.48	0.39	0.50	-0.15
Income from Continuing Operations	–	–	–	4.01	–	–	–	–	–
Net Income incl. Noncontrolling Interests	-5.81	-0.27	-11	-2.82	0.24	4.46	4.00	3.00	1.49
Minority Interest in Earnings	0.50	0.37	0.03	0.12	–	0.00	-0.05	-0.02	0.03
Net Income	-6.31	-0.64	-11	-2.94	0.24	4.46	4.05	3.02	1.53
Net Income to Common	–	–	–	-2.94	0.24	4.46	4.05	–	–
EPS (Basic)(per share)	-1.85	-0.99	-34.83	-9.04	0.77	14.64	14.96	11.60	6.24
EPS (Diluted)(per share)	-1.85	-0.99	-34.83	-9.04	0.77	14.64	14.96	11.60	6.24
Shares Outstanding (Basic, Weighted)(shares)	3.42	0.65	0.33	0.32	0.31	0.31	0.27	0.26	0.24
Shares Outstanding (Diluted, Weighted)(shares)	3.42	0.65	0.33	0.32	0.31	0.31	0.27	0.26	0.24
EBITDA	-5.90	-0.11	-13	-2.57	0.02	–	–	–	–
Net Interest Income	0.34	0.24	0.24	0.14	0.18	0.15	0.21	0.19	–

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: 45.0%
Operating margin: -54.4%
Net margin: -55.5%
Return on equity, FY2025: -32.0%

Financial strength

Current ratio: 11.11
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 530.5%

Valuation

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