EMCORE CORPORATION

EDGAR

Annual consolidated revenue for 2024: about USD 85.9M, using the latest reported figures. The previous period, 2023, was about USD 97.72M.

Watchlist

Latest quarter

Revenue

19.3 million USD

2025 Q1 · USD

Exact inputs and evidence

Operating margin

-18.03%

2025 Q1 · %

Exact inputs and evidence
  • Operating Income: -3480000 USD Source
  • Revenue: 19305000 USD Source

Operating cash flow

-1.81 million USD

2025 Q1 · USD

Exact inputs and evidence
  • Operating Cash Flow: -1811000 USD Source

Free cash flow

-1.81 million USD

2025 Q1 · USD

Exact inputs and evidence
  • Operating Cash Flow: -1811000 USD Source
  • Capital Expenditure: 0 USD Source
Cash and cash equivalents
8.48 million USD Source
Exact value

8480000 USD

Long-term debt including current maturities
8.4 million USD Source
Exact value

8400000 USD

Shares outstanding
9.08 million shares Source
Exact value

9081000 shares

Reported share-count change

-88.25% · -68.2 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 77302000 shares · 2023-12-31· Source
  • 9081000 shares · 2024-12-31· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

81.1 million USD

2024-01-01 – 2024-12-31

Exact inputs and evidence
  • Revenue: 19634000 USD · 2024-01-01 – 2024-03-31 Source
  • Revenue: 20435000 USD · 2024-04-01 – 2024-06-30 Source
  • Revenue: 85896000 USD · 2023-10-01 – 2024-09-30 Source
  • Revenue: 64192000 USD · 2023-10-01 – 2024-06-30 Source
  • Revenue: 19305000 USD · 2024-10-01 – 2024-12-31 Source

Net income

-31.1 million USD

2024-01-01 – 2024-12-31

Exact inputs and evidence
  • Net income: -8495000 USD · 2024-01-01 – 2024-03-31 Source
  • Net income: -13958000 USD · 2024-04-01 – 2024-06-30 Source
  • Net income: -31238000 USD · 2023-10-01 – 2024-09-30 Source
  • Net income: -28132000 USD · 2023-10-01 – 2024-06-30 Source
  • Net income: -5511000 USD · 2024-10-01 – 2024-12-31 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2025-02-14.

Financial data available through: 2024-09-30.

Coverage by financial measure
  • Revenue: 11 of 11 periods available· newest 2024-09-30
  • Operating income: 11 of 11 periods available· newest 2024-09-30
  • Net income: 11 of 11 periods available· newest 2024-09-30
  • Operating cash flow: 11 of 11 periods available· newest 2024-09-30
  • Capital expenditure: 11 of 11 periods available· newest 2024-09-30
  • Total assets: 11 of 11 periods available· newest 2024-09-30
  • Total liabilities: 11 of 11 periods available· newest 2024-09-30
  • Current assets: 11 of 11 periods available· newest 2024-09-30
  • Current liabilities: 11 of 11 periods available· newest 2024-09-30
  • Cash and cash equivalents: 11 of 11 periods available· newest 2024-09-30
  • Long-term debt including current maturities: 2 of 11 periods available· newest 2023-09-30
  • Shares outstanding: 11 of 11 periods available· newest 2024-09-30

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    -12.1%

    Prior period

    USD 97.72 million

    –

    Current period

    USD 85.9 million

    –

    Exact inputs and evidence

    85896000 − 97716000 = -11820000 USD

    97716000 USD · 2022-10-01 – 2023-09-30

    Inspect prior input Prior source

    85896000 USD · 2023-10-01 – 2024-09-30

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  • Net income

    +USD 44.12 million

    Prior period

    −USD 75.36 million

    –

    Current period

    −USD 31.24 million

    –

    Exact inputs and evidence

    -31238000 − -75359000 = 44121000 USD

    -75359000 USD · 2022-10-01 – 2023-09-30

    Inspect prior input Prior source

    -31238000 USD · 2023-10-01 – 2024-09-30

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  • Operating cash flow

    +USD 28.33 million

    Prior period

    −USD 33.64 million

    –

    Current period

    −USD 5.31 million

    –

    Exact inputs and evidence

    -5309000 − -33637000 = 28328000 USD

    -33637000 USD · 2022-10-01 – 2023-09-30

    Inspect prior input Prior source

    -5309000 USD · 2023-10-01 – 2024-09-30

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  • Capital expenditure

    -100%

    Prior period

    USD 1.86 million

    –

    Current period

    USD 0

    –

    Exact inputs and evidence

    0 − 1856000 = -1856000 USD

    1856000 USD · 2022-10-01 – 2023-09-30

    Inspect prior input Prior source

    0 USD · 2023-10-01 – 2024-09-30

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2024 2023-10-01 – 2024-09-30

  • Revenue USD 85.9 million 100% of revenue
  • Cost of revenue USD 67.08 million 78% of revenue
  • Operating expenses USD 43.37 million 50% of revenue
  • Operating income −USD 24.55 million −29% of revenue
  • Tax, interest and other Derived USD 6.69 million 7.8% of revenue
  • Net income −USD 31.24 million −36% of revenue

Cash

  • Operating cash flow −USD 5.31 million −6.2% of revenue
  • Capital expenditure USD 0 0% of revenue
  • Free cash flow Derived −USD 5.31 million −6.2% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2015 Operating loss: operating costs were 106% of revenue.
  • 2016 Net income was higher than operating income, so the split is not drawn.
  • 2017 Net income was higher than operating income, so the split is not drawn.
  • 2018 Operating loss: operating costs were 121% of revenue.
  • 2019 Operating loss: operating costs were 141% of revenue.
  • 2020 Operating loss: operating costs were 106% of revenue.
  • 2021 Net income was higher than operating income, so the split is not drawn.
  • 2022 Operating loss: operating costs were 191% of revenue.
  • 2023 Operating loss: operating costs were 150% of revenue.
  • 2024 Operating loss: operating costs were 129% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2015 2014-10-01 – 2015-09-3081685000 86207000 Derived -4522000 -67622000 Derived 63100000 -6716000 Derived
Source
2016 2015-10-01 – 2016-09-3091998000 89059000 Derived 2939000 -5327000 Derived 8266000 -11331000 Derived
Source
2017 2016-10-01 – 2017-09-30122895000 115154000 Derived 7741000 -494000 Derived 8235000 2101000 Derived
Source
2018 2017-10-01 – 2018-09-3085617000 103928000 Derived -18311000 -858000 Derived -17453000 -5113000 Derived
Source
2019 2018-10-01 – 2019-09-3087265000 123397000 Derived -36132000 -148000 Derived -35984000 -25941000 Derived
Source
2020 2019-10-01 – 2020-09-30110128000 117162000 Derived -7034000 -34000 Derived -7000000 -8408000 Derived
Source
2021 2020-10-01 – 2021-09-30158444000 139463000 Derived 18981000 -6662000 Derived 25643000 5795000 Derived
Source
2022 2021-10-01 – 2022-09-3045318000 86354000 Derived -41036000 -16703000 Derived -24333000 1146000 Derived
Source
2023 2022-10-01 – 2023-09-3097716000 146456000 Derived -48740000 26619000 Derived -75359000 -35493000 Derived
Source
2024 2023-10-01 – 2024-09-3085896000 110445000 Derived -24549000 6689000 Derived -31238000 -5309000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 85.9M 2024
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.171.1M128.3M85.6M42.8M0.0201520202024
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2015Revenue81685000
2016Revenue91998000
2017Revenue122895000
2018Revenue85617000
2019Revenue87265000
2020Revenue110128000
2021Revenue158444000
2022Revenue45318000
2023Revenue97716000
2024Revenue85896000

Revenue growth

Change in revenue from the same financial period one year earlier.

-12.1% 2024
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.131%76%22%-32%-86%201520202024
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2015Year over year47.1%
2016Year over year12.6%
2017Year over year33.6%
2018Year over year-30.3%
2019Year over year1.9%
2020Year over year26.2%
2021Year over year43.9%
2022Year over year-71.4%
2023Year over year115.6%
2024Year over year-12.1%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -28.6% 2024
Net margin -36.4% 2024
Free cash flow margin -6.2% 2024
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.91%42%-7%-55%-104%201520202024
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2015Operating margin-5.5%
2016Operating margin3.2%
2017Operating margin6.3%
2018Operating margin-21.4%
2019Operating margin-41.4%
2020Operating margin-6.4%
2021Operating margin12%
2022Operating margin-90.6%
2023Operating margin-49.9%
2024Operating margin-28.6%
2015Net margin77.2%
2016Net margin9%
2017Net margin6.7%
2018Net margin-20.4%
2019Net margin-41.2%
2020Net margin-6.4%
2021Net margin16.2%
2022Net margin-53.7%
2023Net margin-77.1%
2024Net margin-36.4%
2015Free cash flow margin-8.2%
2016Free cash flow margin-12.3%
2017Free cash flow margin1.7%
2018Free cash flow margin-6%
2019Free cash flow margin-29.7%
2020Free cash flow margin-7.6%
2021Free cash flow margin3.7%
2022Free cash flow margin2.5%
2023Free cash flow margin-36.3%
2024Free cash flow margin-6.2%

Operating cash flow

Cash generated by the company’s normal business operations.

USD -5.3M 2024
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.15.3M2.2M-11.0M-24.1M-37.3M201520202024
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2015Operating cash flow-3917000
2016Operating cash flow-5552000
2017Operating cash flow11701000
2018Operating cash flow1470000
2019Operating cash flow-15151000
2020Operating cash flow-3892000
2021Operating cash flow11153000
2022Operating cash flow4225000
2023Operating cash flow-33637000
2024Operating cash flow-5309000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD -5.3M 2024
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.9.1M-2.9M-14.8M-26.8M-38.8M201520202024
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2015Free cash flow-6716000
2016Free cash flow-11331000
2017Free cash flow2101000
2018Free cash flow-5113000
2019Free cash flow-25941000
2020Free cash flow-8408000
2021Free cash flow5795000
2022Free cash flow1146000
2023Free cash flow-35493000
2024Free cash flow-5309000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

46.6% 2024
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.50%38%25%13%0%201520202024
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2015Liabilities / assets15.8%
2016Liabilities / assets15.6%
2017Liabilities / assets16.2%
2018Liabilities / assets17.4%
2019Liabilities / assets30%
2020Liabilities / assets41.3%
2021Liabilities / assets24%
2022Liabilities / assets37.6%
2023Liabilities / assets44.2%
2024Liabilities / assets46.6%

Current assets to current liabilities

Current assets divided by current liabilities.

2.98× 2024
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.6.91×5.19×3.46×1.73×0.00×201520202024
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2015Current assets / current liabilities6.4×
2016Current assets / current liabilities6.09×
2017Current assets / current liabilities5.76×
2018Current assets / current liabilities5.32×
2019Current assets / current liabilities2.34×
2020Current assets / current liabilities3.1×
2021Current assets / current liabilities5.19×
2022Current assets / current liabilities2.95×
2023Current assets / current liabilities3.21×
2024Current assets / current liabilities2.98×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2015 2014-10-01 – 2015-09-30
USD 63.1 million
Exact value

Exact value: 63100000 USD

2014-10-01 – 2015-09-30: 63100000 USD Inspect Net Income Open source
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−USD 3.92 million
Exact value

Exact value: -3917000 USD

2014-10-01 – 2015-09-30: -3917000 USD Inspect Operating Cash Flow Open source
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USD 2.8 million
Exact value

Exact value: 2799000 USD

2014-10-01 – 2015-09-30: 2799000 USD Inspect Capital Expenditure Open source
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−USD 6.72 million
Calculation and evidence

-3917000 − 2799000 USD

Exact free cash flow: -6716000 USD

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2016 2015-10-01 – 2016-09-30
USD 8.27 million
Exact value

Exact value: 8266000 USD

2015-10-01 – 2016-09-30: 8266000 USD Inspect Net Income Open source
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−USD 5.55 million
Exact value

Exact value: -5552000 USD

2015-10-01 – 2016-09-30: -5552000 USD Inspect Operating Cash Flow Open source
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USD 5.78 million
Exact value

Exact value: 5779000 USD

2015-10-01 – 2016-09-30: 5779000 USD Inspect Capital Expenditure Open source
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−USD 11.33 million
Calculation and evidence

-5552000 − 5779000 USD

Exact free cash flow: -11331000 USD

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2017 2016-10-01 – 2017-09-30
USD 8.24 million
Exact value

Exact value: 8235000 USD

2016-10-01 – 2017-09-30: 8235000 USD Inspect Net Income Open source
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USD 11.7 million
Exact value

Exact value: 11701000 USD

2016-10-01 – 2017-09-30: 11701000 USD Inspect Operating Cash Flow Open source
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USD 9.6 million
Exact value

Exact value: 9600000 USD

2016-10-01 – 2017-09-30: 9600000 USD Inspect Capital Expenditure Open source
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USD 2.1 million
Calculation and evidence

11701000 − 9600000 USD

Exact free cash flow: 2101000 USD

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2018 2017-10-01 – 2018-09-30
−USD 17.45 million
Exact value

Exact value: -17453000 USD

2017-10-01 – 2018-09-30: -17453000 USD Inspect Net Income Open source
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USD 1.47 million
Exact value

Exact value: 1470000 USD

2017-10-01 – 2018-09-30: 1470000 USD Inspect Operating Cash Flow Open source
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USD 6.58 million
Exact value

Exact value: 6583000 USD

2017-10-01 – 2018-09-30: 6583000 USD Inspect Capital Expenditure Open source
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−USD 5.11 million
Calculation and evidence

1470000 − 6583000 USD

Exact free cash flow: -5113000 USD

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2019 2018-10-01 – 2019-09-30
−USD 35.98 million
Exact value

Exact value: -35984000 USD

2018-10-01 – 2019-09-30: -35984000 USD Inspect Net Income Open source
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−USD 15.15 million
Exact value

Exact value: -15151000 USD

2018-10-01 – 2019-09-30: -15151000 USD Inspect Operating Cash Flow Open source
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USD 10.79 million
Exact value

Exact value: 10790000 USD

2018-10-01 – 2019-09-30: 10790000 USD Inspect Capital Expenditure Open source
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−USD 25.94 million
Calculation and evidence

-15151000 − 10790000 USD

Exact free cash flow: -25941000 USD

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2020 2019-10-01 – 2020-09-30
−USD 7 million
Exact value

Exact value: -7000000 USD

2019-10-01 – 2020-09-30: -7000000 USD Inspect Net Income Open source
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−USD 3.89 million
Exact value

Exact value: -3892000 USD

2019-10-01 – 2020-09-30: -3892000 USD Inspect Operating Cash Flow Open source
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USD 4.52 million
Exact value

Exact value: 4516000 USD

2019-10-01 – 2020-09-30: 4516000 USD Inspect Capital Expenditure Open source
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−USD 8.41 million
Calculation and evidence

-3892000 − 4516000 USD

Exact free cash flow: -8408000 USD

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2021 2020-10-01 – 2021-09-30
USD 25.64 million
Exact value

Exact value: 25643000 USD

2020-10-01 – 2021-09-30: 25643000 USD Inspect Net Income Open source
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USD 11.15 million
Exact value

Exact value: 11153000 USD

2020-10-01 – 2021-09-30: 11153000 USD Inspect Operating Cash Flow Open source
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USD 5.36 million
Exact value

Exact value: 5358000 USD

2020-10-01 – 2021-09-30: 5358000 USD Inspect Capital Expenditure Open source
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USD 5.8 million
Calculation and evidence

11153000 − 5358000 USD

Exact free cash flow: 5795000 USD

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2022 2021-10-01 – 2022-09-30
−USD 24.33 million
Exact value

Exact value: -24333000 USD

2021-10-01 – 2022-09-30: -24333000 USD Inspect Net Income Open source
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USD 4.23 million
Exact value

Exact value: 4225000 USD

2021-10-01 – 2022-09-30: 4225000 USD Inspect Operating Cash Flow Open source
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USD 3.08 million
Exact value

Exact value: 3079000 USD

2021-10-01 – 2022-09-30: 3079000 USD Inspect Capital Expenditure Open source
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USD 1.15 million
Calculation and evidence

4225000 − 3079000 USD

Exact free cash flow: 1146000 USD

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2023 2022-10-01 – 2023-09-30
−USD 75.36 million
Exact value

Exact value: -75359000 USD

2022-10-01 – 2023-09-30: -75359000 USD Inspect Net Income Open source
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−USD 33.64 million
Exact value

Exact value: -33637000 USD

2022-10-01 – 2023-09-30: -33637000 USD Inspect Operating Cash Flow Open source
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USD 1.86 million
Exact value

Exact value: 1856000 USD

2022-10-01 – 2023-09-30: 1856000 USD Inspect Capital Expenditure Open source
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−USD 35.49 million
Calculation and evidence

-33637000 − 1856000 USD

Exact free cash flow: -35493000 USD

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2024 2023-10-01 – 2024-09-30
−USD 31.24 million
Exact value

Exact value: -31238000 USD

2023-10-01 – 2024-09-30: -31238000 USD Inspect Net Income Open source
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−USD 5.31 million
Exact value

Exact value: -5309000 USD

2023-10-01 – 2024-09-30: -5309000 USD Inspect Operating Cash Flow Open source
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USD 0
Exact value

Exact value: 0 USD

2023-10-01 – 2024-09-30: 0 USD Inspect Capital Expenditure Open source
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−USD 5.31 million
Calculation and evidence

-5309000 − 0 USD

Exact free cash flow: -5309000 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

218 filings · 6,686 latest values · 6,686 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0000808326, 808326, EMKR, edgar:808326

Also known as EMCORE CORP, EMCORE CORPORATION, EMCORE Corp, EMCORE Corporation