TBMC (Trailblazer Merger I) Net Income: $-8.29 Mil (TTM As of Dec. 2025)

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TBMC Trailblazer Merger Corp I TBMC
16 GF Score
Price $7.33
! 4 Warning Signs
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What is Trailblazer Merger I Net Income?

Trailblazer Merger I TBMC 16 Net Income is $-8.29 Mil as of Dec. 2025. GuruFocus rates TBMC with a GF Score™ of 16/100. The stock has 4 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Trailblazer Merger I's Net Income for the three months ended in Dec. 2025 was $-3.91 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2025 was $-8.29 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Trailblazer Merger I's Earnings per Share (Diluted) for the three months ended in Dec. 2025 was $-1.59.


Trailblazer Merger I  (NAS:TBMC) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Trailblazer Merger I's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2025 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Trailblazer Merger I Net Income Related Terms


Trailblazer Merger I Net Income Historical Data

* Premium members only.

The historical data trend for Trailblazer Merger I's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Trailblazer Merger I Net Income Chart

Trailblazer Merger I Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Net Income
0.00 -0.00 1.35 0.28 -8.29

Trailblazer Merger I Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.46 -0.45 -0.24 -3.69 -3.91
TBMC
16GF Score
Trailblazer Merger Corp I TBMC
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Trailblazer Merger I Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Trailblazer Merger I's Net Income for the fiscal year that ended in Dec. 2025 is calculated as

Net Income(A: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-8.061+-0.229+0+0
=-8.29

Trailblazer Merger I's Net Income for the quarter that ended in Dec. 2025 is calculated as

Net Income(Q: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-3.871+-0.035+0+0
=-3.91

Net Income for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-8.29 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of $-8.29 Mil mean?
Trailblazer Merger I (TBMC) has a Net Income of $-8.29 Mil as of Dec. 2025. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Trailblazer Merger I and its competitors.
Is Trailblazer Merger I's Net Income too high?
Trailblazer Merger I's current Net Income is $-8.29 Mil. Overall, Trailblazer Merger I has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Trailblazer Merger I's Net Income compare to HLLK and IGTA?
Trailblazer Merger I's Net Income of $-8.29 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Diversified Financial Services company?
A good Net Income depends on the Diversified Financial Services industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Trailblazer Merger I and its competitors. Trailblazer Merger I's current Net Income is $-8.29 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trailblazer Merger I stock overvalued right now?
Trailblazer Merger I (TBMC) has a current Net Income of $-8.29 Mil. The current Net Income is $-8.29 Mil. Trailblazer Merger I's overall GF Score™ is 16/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Trailblazer Merger I (TBMC), the current Net Income is $-8.29 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Trailblazer Merger I Business Description

Address 510 Madison Avenue, Suite 1401, New York, NY, USA, 10022
Trailblazer Merger Corp I is a blank check company incorporated in the United States and listed on the Nasdaq under the ticker TBMC. Formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more operating businesses, it holds no significant operating assets of its own and generates no revenue from commercial operations. Its sole business activity is identifying and completing an initial business combination, funded through the proceeds of its initial public offering and related private placements held in trust. The company's management team and sponsors evaluate potential target businesses across a range of industries, seeking a partner with an established operating history and growth potential. Until a transaction closes, its public shareholders' funds remain in trust, and the company faces a deadline to complete a deal or return capital.
16GF Score

Get the complete analysis for TBMC

Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.33
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