XCel Brands, Inc.
XELB Nasdaq· Patent Owners & Lessors
Last close · Oct 23, 2026
$0.36
KIRA · Stoqly’s AI analyst, in plain words
- XCel Brands, Inc. had $4.9M of revenue in fiscal 2025, down 40.2% on the year before. Over five years, revenue changed −30.0% a year on average.
- Its operating margin was −267.9%, down 8.7 pts: of every 100 in sales, about −268 is left after running the business.
- XCel Brands, Inc. lost $17.5M in fiscal 2025.
- Free cash flow was −$7.0M in fiscal 2025, −142.4% of revenue.
- XCel Brands, Inc. returned $0.2M to shareholders in fiscal 2025. The diluted share count rose 51.0%.
- XCel Brands, Inc. owes $11.6M more than it holds in cash.
Market cap
$2.2M
P/E
—
Revenue
$4.9M
Net income
−$17.5M
Free cash flow
−$7.0M
Operating margin
−267.9%
XCel Brands, Inc. in 30 seconds · fiscal 2025
Are sales growing?
−40.2%
No. Sales fell 40.2% last year.
Does it make a profit?
−353.5%
No. It lost money last year.
Does profit turn into cash?
−142.4%
No. It spent more cash than it brought in.
How healthy are the accounts?
3 / 9
Weak. It passes 3 of 9 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What XCel Brands, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Apr 15, 2026
- Legal name
- XCel Brands, Inc.
- CIK
- 0001083220
XCel Brands, Inc. · XELB
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $37.9M | $25.8M | $17.8M | $8.3M | $4.9M |
| Revenue growth | 28.8% | −32.0% | −31.1% | −53.5% | −40.2% |
| Net interest income | −$3.6M | −$3.5M | −$0.4M | — | — |
| Gross margin | 71.9% | 69.0% | 61.0% | 94.6% | 100.0% |
| Operating margin | −33.1% | −8.8% | −116.3% | −259.2% | −267.9% |
| Net income | −$12.2M | −$4.0M | −$21.1M | −$22.4M | −$17.5M |
| Net margin | −32.1% | −15.6% | −118.6% | −271.2% | −353.5% |
| Diluted EPS | −$0.63 | −$0.20 | −$10.68 | −$9.84 | −$5.08 |
| Cash | |||||
| Cash from operations | −$6.6M | −$14.2M | −$6.5M | −$4.7M | −$7.0M |
| Capital expenditure | $1.1M | $0.3M | $0.1M | $0.1M | $0.0M |
| Free cash flow | −$7.7M | −$14.4M | −$6.6M | −$4.8M | −$7.0M |
| FCF margin | −20.2% | −56.0% | −37.4% | −58.5% | −142.4% |
| Share buybacks | $0.0M | $0.4M | — | $0.1M | $0.2M |
| Share count change | 1.8% | 0.9% | −90.0% | 15.4% | 51.0% |
| Debt and strength | |||||
| Cash and short-term investments | $4.5M | $4.6M | $3.0M | $1.3M | $1.2M |
| Debt incl. finance leases | $28.0M | — | $4.7M | $6.6M | $12.7M |
| Shareholders' equity | $74.3M | $70.8M | $50.0M | $30.4M | $18.0M |
| Current ratio | 1.6x | 2.1x | 1.1x | 0.4x | 0.5x |
| Interest coverage | −6.6x | −1.9x | −182.7x | −34.6x | −6.4x |
| Returns and quality | |||||
| Return on capital | −10.1% | — | −31.5% | −47.3% | −35.4% |
| Return on equity | −15.2% | −5.5% | −34.8% | −55.7% | −72.2% |
| Return on tangible equity | — | −17.4% | −247.3% | — | — |
| Piotroski F-score | 4 | 2 | 2 | 2 | 3 |
| Altman Z'' | 0.5 | 3.1 | −2.1 | −6.8 | −10.0 |
Insiders bought, 12 months
$0.2M
2 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
XCel Brands, Inc. · XELB
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $0.36 a share, the company is worth $2.2M.
Source: SEC EDGAR XBRL filings (CIK 0001083220). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.