Tantech Holdings Ltd (TANH)

NASDAQ: TANH · Real-Time Price · USD

16.66

-2.97 (-15.13%)

Sep 16, 2026, 2:40 PM EDT - Market open

Tantech Holdings Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	38.36	38.36	42.94	44.63	52.97	55.26
Revenue Growth	-8.63%	-10.67%	-3.79%	-15.74%	-4.15%	30.70%
Gross Profit	7.14	7.14	8.94	9.72	10.11	10.43
Operating Income	-12.2	-12.2	3.98	3.66	5.93	-8.51
Net Income	-31.42	-31.42	-3.24	5.58	3.02	-8.36
Earnings Per Share	-682.02	-682.02	-	-	-	-
EPS Growth	-	-	-	-	-	-

Revenue by Geography

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
People’S Republic of China (PRC)	35.79	35.79	42.23	43.05	52.96	55.26
Foreign Countries	2.57	2.57	0.71	1.58	0.01	-
Total	38.36	38.36	42.94	44.63	52.97	55.26

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	33.02	33.02	35.19	29.06	18.98	43.14
Total Debt	4.65	4.65	4.51	9.48	9.31	12.87
Net Cash (Debt)	28.37	28.37	30.68	19.58	9.67	30.28
Net Cash Growth	-2.60%	-7.54%	56.71%	102.58%	-68.08%	6.47%
Net Cash Per Share	615.71	615.71	-	-	-	-

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	-5.82	-5.82	5.36	5.26	8.29	-8.09
Capital Expenditures	-	-	-0.08	-0	-0	-0.22
Free Cash Flow	-5.82	-5.82	5.28	5.26	8.29	-8.31
Free Cash Flow Growth	-	-	0.43%	-36.56%	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	18.62%	18.62%	20.83%	21.77%	19.09%	18.88%
Operating Margin	-31.82%	-31.82%	9.28%	8.20%	11.20%	-15.41%
Pretax Margin	-87.34%	-87.34%	1.45%	20.76%	13.55%	-14.95%
Profit Margin	-81.92%	-81.92%	-7.55%	12.51%	5.70%	-15.12%
FCF Margin	-15.16%	-15.16%	12.30%	11.79%	15.65%	-15.04%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 16, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	-	-	-	0.74	0.87	-
P/FCF Ratio	-	-	0.33	0.78	0.32	-
PS Ratio	0.15	0.16	0.04	0.09	0.05	0.53