H2O Innovation Inc.

HEOFFOTCUtilities

$3.12

$-0.01(-0.23%)

Market Cap$280832089

P/E Ratio—

52W High$3.14

52W Low$1.65

Avg Volume78K

Open$3.13

Beta0.46

Net Income Financials Revenue

H2O Innovation Inc. (HEOFF) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

HEOFF · net income · updated Jun 9, 2026

Core profitability metrics

HEOFF · net income · margin · TTM · CAGR

Net income was −$1.3M for FY2023 (fiscal year ending 2023-06-30), down 125.4% year-over-year. Net profit margin was -0.5%. Based on available data, H2O Innovation Inc. has been profitable since at least 2013.

FY2023 Net Income−$1.3M▼ -125.4% YoY

Trailing 12M (TTM)−$1.7Mtrailing 4 quarters sum

Net Profit Margin-0.5%−$1.3M ÷ $253.3M

YoY Change-125.4%—

5-Year CAGRN/AN/A — contains loss years

FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /income-statement · US GAAP · USDUpdated: Jun 9, 2026

Annual net income history

Net Income (bars) · Net Profit Margin % (line)

Net IncomeNet LossNet Margin %★ First Profit: 2013

▸ FMP /income-statement · Annual · HEOFF net income history · HEOFF profit margin

Annual net income data

HEOFF · net income history · annual / quarterly

Fiscal YearNet IncomeYoY ChangeNet MarginRevenue

FY2023Loss−$1.3M▼ 125.4%-0.5%$253.3M

FY2022$5.1M▲ +63.7%2.8%$184.4M

FY2021$3.1M▲ +173.8%2.2%$144.3M

FY2020Loss−$4.2M▼ 93.9%-3.2%$133.6M

FY2019Loss−$2.2M▲ +36.8%-1.9%$118.0M

Net income vs peers (Utilities)

HEOFF vs peers · net income

#CompanyNet IncomeYoYNet MarginRelative

H2O Innovation Inc.YOU

HEOFF

−$1.3M-125.4%-0.5%

Loss

Duke Energy Corporation

Constellation Energy Corporation

CEG

$2.32B-38.1%9.1%

34%

Utilities · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

H2O Innovation Inc. (HEOFF) reported net income of −$1.3M for FY2023 (fiscal year ending 2023-06-30), down 125.4% year-over-year. The net profit margin was -0.5% — meaning the company kept $-0.01 of every dollar of revenue as profit.

Based on available data, H2O Innovation Inc. has been profitable since at least 2013. Net income reached a peak of $5.1M in FY2022. Data available for 15 fiscal years.

H2O Innovation Inc.'s net profit margin was -0.5% for FY2023, based on the latest annual results.

Investors sometimes search for "H2O Innovation Inc. net worth" — the company's market capitalization is a separate figure from HEOFF net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Revenue Financial statements Earnings Forecast Price history Market cap Free cash flow

Frequently asked questions

HEOFF net income · 4 questions

H2O Innovation Inc. is not currently profitable on an annual basis. The company reported a net loss of $1.3M for FY2023.

is HEOFF profitabledoes HEOFF make a profitHEOFF profitabilityHEOFF profitable company

▸ Source: FMP /income-statement · GAAP · H2O Innovation Inc. · H2O Innovation Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026