Vision Marine Technologies Inc. (VMAR)

NASDAQ: VMAR · Real-Time Price · USD

5.32

+0.17 (3.20%)

At close: Nov 10, 2026, 4:00 PM EST

5.20

-0.12 (-2.16%)

After-hours: Nov 10, 2026, 7:41 PM EST

VMAR Financials Overview

Financials in millions USD. Fiscal year is September - August.

Millions USD. Fiscal year is Sep - Aug.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 31, 2026	Aug '25 Aug 31, 2025	Aug '24 Aug 31, 2024	Aug '23 Aug 31, 2023	Aug '22 Aug 31, 2022	Aug '21 Aug 31, 2021
Revenue	62.04	13.83	2.79	4.2	5.62	2.78
Revenue Growth	5247.68%	395.85%	-33.61%	-25.26%	102.25%	50.15%
Gross Profit	16.57	4.77	1.1	1.14	2.51	1.27
Operating Income	-13.96	-10.31	-9.73	-15.04	-9.77	-10.21
Net Income	-24.71	-21.65	-10.38	-15.5	-10.03	-11.96

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	May '26 May 31, 2026	Aug '25 Aug 31, 2025	Aug '24 Aug 31, 2024	Aug '23 Aug 31, 2023
Vision Marine Segment	1.59	1	2.79	4.2
Nvg Segment	-	12.84	-	-
Total	62.04	13.83	2.79	4.2

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 31, 2026	Aug '25 Aug 31, 2025	Aug '24 Aug 31, 2024	Aug '23 Aug 31, 2023	Aug '22 Aug 31, 2022	Aug '21 Aug 31, 2021
Cash & Investments	0.81	7.42	0.05	2.48	4.45	14.36
Total Debt	21.42	9.04	0.53	2.29	2.02	2.4
Net Cash (Debt)	-20.6	-1.62	-0.49	0.19	2.43	11.96
Net Cash Growth	-	-	-	-92.19%	-79.65%	-

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 31, 2026	Aug '25 Aug 31, 2025	Aug '24 Aug 31, 2024	Aug '23 Aug 31, 2023	Aug '22 Aug 31, 2022	Aug '21 Aug 31, 2021
Operating Cash Flow	4.1	-8.93	-8.28	-10.57	-8.41	-6.53
Capital Expenditures	-0.18	-0.23	-0.44	-0.73	-0.9	-0.43
Free Cash Flow	3.92	-9.16	-8.72	-11.3	-9.31	-6.96
Free Cash Flow Growth	-	-	-	-	-	-

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 31, 2026	Aug '25 Aug 31, 2025	Aug '24 Aug 31, 2024	Aug '23 Aug 31, 2023	Aug '22 Aug 31, 2022	Aug '21 Aug 31, 2021
Gross Margin	26.70%	34.46%	39.49%	27.09%	44.70%	45.65%
Operating Margin	-22.50%	-74.56%	-348.83%	-357.89%	-173.77%	-367.29%
Pretax Margin	-39.86%	-156.47%	-378.62%	-373.95%	-174.85%	-427.13%
Profit Margin	-39.82%	-156.53%	-372.20%	-369.01%	-178.37%	-430.13%
FCF Margin	6.31%	-66.20%	-312.72%	-268.85%	-165.59%	-250.32%

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 11, 2026	Aug '25 Aug 31, 2025	Aug '24 Aug 31, 2024	Aug '23 Aug 31, 2023	Aug '22 Aug 31, 2022	Aug '21 Aug 31, 2021
Forward PE	-	142.99	142.99	142.99	142.99	142.99
PS Ratio	0.06	0.32	0.64	9.56	6.18	12.47