VMAR (Vision Marine Technologies) Net Income: $-18.80 Mil (TTM As of May. 2026)

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VMAR Vision Marine Technologies Inc VMAR
20 GF Score
Price $0.94
! 3 Warning Signs
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What is Vision Marine Technologies Net Income?

Vision Marine Technologies VMAR -6.59% 20 Net Income is $-18.80 Mil as of May. 2026. GuruFocus rates VMAR with a GF Score™ of 20/100. The stock has 3 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. Vision Marine Technologies's Net Income for the three months ended in May. 2026 was $-5.71 Mil. Its Net Income for the trailing twelve months (TTM) ended in May. 2026 was $-18.80 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Vision Marine Technologies's Earnings per Share (Diluted) for the three months ended in May. 2026 was $-29.15.


Vision Marine Technologies  (NAS:VMAR) 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:

Vision Marine Technologies's Earnings per Share (Diluted) (EPS) for the quarter that ended in May. 2026 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.


Vision Marine Technologies Net Income Related Terms


Vision Marine Technologies Net Income Historical Data

* Premium members only.

The historical data trend for Vision Marine Technologies'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.

Vision Marine Technologies Net Income Chart

Vision Marine Technologies Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Net Income
Get a 7-Day Free Trial -11.98 -10.01 -11.45 -7.69 -15.74

Vision Marine Technologies Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 Premium Member Only Premium Member Only Premium Member Only -5.12 -6.91 -4.31 -1.87 -5.71
VMAR
20GF Score
Vision Marine Technologies Inc VMAR
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Vision Marine Technologies 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

Vision Marine Technologies's Net Income for the fiscal year that ended in Aug. 2025 is calculated as

Net Income(A: Aug. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-15.737+-0.006+0+0.00099999999999945
=-15.74

Vision Marine Technologies's Net Income for the quarter that ended in May. 2026 is calculated as

Net Income(Q: May. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-5.718+0.006+0+-0.0010000000000003
=-5.71

Net Income for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-18.80 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 $-18.80 Mil mean?
Vision Marine Technologies (VMAR) has a Net Income of $-18.80 Mil as of May. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Vision Marine Technologies and its competitors.
Is Vision Marine Technologies' Net Income too high?
Vision Marine Technologies' current Net Income is $-18.80 Mil. Overall, Vision Marine Technologies has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Vision Marine Technologies' Net Income compare to MCOM and VEEE?
Vision Marine Technologies' Net Income of $-18.80 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Net Income depends on the Vehicles & Parts 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 Vision Marine Technologies and its competitors. Vision Marine Technologies's current Net Income is $-18.80 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vision Marine Technologies stock overvalued right now?
Vision Marine Technologies (VMAR) has a current Net Income of $-18.80 Mil. The current Net Income is $-18.80 Mil. Vision Marine Technologies' overall GF Score™ is 20/100 with 3 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 Vision Marine Technologies (VMAR), the current Net Income is $-18.80 Mil as of May. 2026. 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.

Vision Marine Technologies Business Description

Other Exchanges VMAR:Canada
Address 730 Boulevard du Cure-Boivin, Boisbriand, QC, CAN, J7G 2A7
Vision Marine Technologies Inc designs and manufactures electric outboard powertrain systems, power boats, related technology, and rents electric boats. Its models include Bruce 22, Fantail 217, VX Electric Pontoon, Volt 180, Phantom, and others. The company provides goods and services for the recreational boating market and focuses on electric outboard powertrain systems, electric power boats, and the renting of electric boats through its subsidiary. It sells boats, parts, and accessories and offers services related to recreational boating, including boats with internal combustion engines and electric propulsion. The company operates in two reportable segments, the sale of electric boats and the rental of electric boats, and generates a substantial portion of its revenue from the USA.
20GF Score

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

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