Buy Like Buffett
Watchlist

Flagship explainer

How Voyager Technologies, Inc./TX 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$166M · 100%Cost of revenue$137M · 82%Gross profit$29.9M · 18%Operating income−$108M · −65%Income before tax−$113M · −68%Income tax−$440000 · −0%Net income−$105M · −63%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
$166M100%
  • 10-K · FY 2025Filing detailsAccession 0001628280-26-016543 · filed Mar 10, 2026
Cost of revenue$137M82%
  • 10-K · FY 2025Filing detailsAccession 0001628280-26-016543 · filed Mar 10, 2026
$29.9M18%
  • 10-K · FY 2025Filing detailsAccession 0001628280-26-016543 · filed Mar 10, 2026
−$108M−65%
  • 10-K · FY 2025Filing detailsAccession 0001628280-26-016543 · filed Mar 10, 2026
Income before tax−$113M−68%
  • 10-K · FY 2025Filing detailsAccession 0001628280-26-016543 · filed Mar 10, 2026
Income tax−$440000−0%
  • 10-K · FY 2025Filing detailsAccession 0001628280-26-016543 · filed Mar 10, 2026
−$105M−63%
  • 10-K · FY 2025Filing detailsAccession 0001628280-26-016543 · filed Mar 10, 2026
Source:
  • 10-K · FY 2025Filing detailsAccession 0001628280-26-016543 · filed Mar 10, 2026
· event Dec 31, 2025 · retrieved Oct 18, 2026 · annual-row source set
Embed this chart

View the full Voyager Technologies, Inc./TX analysis at Buy Like Buffett