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How Sphere 3D Corp. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$11.2M · 100%Cost of revenue$8.6M · 77%Gross profit$2.6M · 23%Operating income−$22M · −197%Income before tax−$21.5M · −192%Income tax$2000 · 0%Net income−$21.5M · −192%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$11.2M100%
  • 10-K · FY 2025Filing detailsAccession 0001591956-26-000004 · filed Mar 27, 2026
Cost of revenue$8.6M77%
  • 10-K · FY 2025Filing detailsAccession 0001591956-26-000004 · filed Mar 27, 2026
$2.6M23%
  • 10-K · FY 2025Filing detailsAccession 0001591956-26-000004 · filed Mar 27, 2026
−$22M−197%
  • 10-K · FY 2025Filing detailsAccession 0001591956-26-000004 · filed Mar 27, 2026
Income before tax−$21.5M−192%
  • 10-K · FY 2025Filing detailsAccession 0001591956-26-000004 · filed Mar 27, 2026
Income tax$20000%
  • 10-K · FY 2025Filing detailsAccession 0001591956-26-000004 · filed Mar 27, 2026
−$21.5M−192%
  • 10-K · FY 2025Filing detailsAccession 0001591956-26-000004 · filed Mar 27, 2026
Source:
  • 10-K · FY 2025Filing detailsAccession 0001591956-26-000004 · filed Mar 27, 2026
· event Dec 31, 2025 · retrieved Sep 30, 2026 · annual-row source set
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