What is Digital Brands Group's operating income?

Digital Brands Group's total operating income in 2025 was -$29.53 million, based on the following breakdown: Total Gross Profit: $1.05 million Total Operating Expenses: $30.59 million

Digital Brands Group (DBGI) Financials

$0.64 -0.07 (-9.40%)

Closing price 07/17/2026 04:00 PM Eastern

Extended Trading

$0.46 -0.17 (-27.50%)

As of 07/17/2026 07:59 PM Eastern

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Annual Income Statements for Digital Brands Group

This table shows Digital Brands Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-11	-29	-38	-10	-13	-30
Consolidated Net Income / (Loss)	-11	-32	-38	-10	-13	-28
Net Income / (Loss) Continuing Operations	-11	-29	-27	-8.68	-13	-28
Total Pre-Tax Income	-11	-28	-27	-8.32	-13	-28
Total Operating Income	-9.15	-31	-21	-2.10	-10	-30
Total Gross Profit	0.55	1.87	3.54	6.54	3.64	1.05
Total Revenue	5.24	7.58	10	15	12	7.38
Operating Revenue	5.24	7.58	10	15	12	7.38
Total Cost of Revenue	4.69	5.72	6.79	8.37	7.91	6.33
Operating Cost of Revenue	4.69	5.72	6.79	8.37	7.91	6.33
Total Operating Expenses	9.70	33	25	8.64	14	31
Selling, General & Admin Expense	7.15	17	14	14	8.65	9.67
Marketing Expense	0.58	3.81	4.02	4.04	2.90	15
Other Operating Expenses / (Income)	0.34	0.49	1.18	-9.70	0.91	0.64
Impairment Charge	0.78	3.40	5.50	0.00	1.39	5.67
Total Other Income / (Expense), net	-1.57	-5.77	-5.89	-6.22	-3.02	1.28
Income Tax Expense	0.01	1.10	0.00	0.37	-0.12	0.00
Preferred Stock Dividends Declared	-	-	-	-	0.00	2.10
Basic Earnings per Share	-	-	-	($457.78)	($76.71)	($2.18)
Weighted Average Basic Shares Outstanding	664.17K	76.29K	30.85K	22.39K	170.85K	13.96M
Diluted Earnings per Share	-	-	-	($457.78)	($76.71)	($2.18)
Weighted Average Diluted Shares Outstanding	664.17K	76.29K	30.85K	22.39K	170.85K	13.96M

This table shows Digital Brands Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	-5.44	-3.72	-0.68	-3.51	-3.54	-5.37	-2.09	-2.12	-3.45	-23	-11
Consolidated Net Income / (Loss)	-5.44	-3.72	-0.68	-3.51	-3.54	-5.37	-2.09	-2.12	-3.45	-21	-11
Net Income / (Loss) Continuing Operations	-5.44	-3.55	-0.68	-3.51	-3.54	-5.37	-2.09	-2.12	-3.45	-21	-11
Total Pre-Tax Income	-5.44	-3.18	-0.68	-3.51	-3.54	-5.49	-2.09	-2.12	-3.45	-21	-11
Total Operating Income	-3.42	-2.61	-0.22	-2.30	-2.74	-4.93	-2.00	-1.99	-3.33	-22	-7.42
Total Gross Profit	1.70	0.49	1.72	1.56	1.12	-0.76	0.87	0.71	0.71	-1.24	0.05
Total Revenue	3.26	2.73	3.58	3.40	2.44	2.14	1.87	2.25	1.65	1.60	1.32
Operating Revenue	3.26	2.73	3.58	3.40	2.44	2.14	1.87	2.25	1.65	1.60	1.32
Total Cost of Revenue	1.55	2.24	1.86	1.84	1.32	2.90	1.00	1.54	0.95	2.84	1.27
Operating Cost of Revenue	1.55	2.24	1.86	1.84	1.32	2.90	1.00	1.54	0.95	2.84	1.27
Total Operating Expenses	5.13	3.09	1.95	3.86	3.87	4.17	2.87	2.70	4.04	21	7.46
Selling, General & Admin Expense	3.74	2.03	0.97	2.95	2.43	2.30	1.97	1.53	2.19	3.98	2.57
Marketing Expense	1.15	0.81	0.71	0.62	0.66	0.92	0.83	1.03	1.60	11	4.75
Other Operating Expenses / (Income)	0.24	0.25	0.27	0.30	0.18	0.16	0.07	0.14	0.24	0.20	0.14
Total Other Income / (Expense), net	-2.01	-0.58	-0.46	-1.21	-0.80	-0.56	-0.09	-0.13	-0.12	1.63	-3.97
Income Tax Expense	0.00	0.37	0.00	0.00	0.00	-0.12	0.00	0.00	0.00	-	0.00
Basic Earnings per Share	($14.55)	($166.14)	($23.02)	($104.18)	($81.53)	($31.44)	($0.92)	($0.81)	($1.18)	($1.63)	($1.06)
Weighted Average Basic Shares Outstanding	373.50K	22.39K	29.70K	33.70K	43.44K	170.85K	2.28M	2.62M	2.93M	13.96M	10.70M
Diluted Earnings per Share	($14.55)	($166.14)	($23.02)	($104.18)	($81.53)	($31.44)	($0.92)	($0.81)	($1.18)	($1.63)	($1.06)
Weighted Average Diluted Shares Outstanding	373.50K	22.39K	29.70K	33.70K	43.44K	170.85K	2.28M	2.62M	2.93M	13.96M	10.70M
Weighted Average Basic & Diluted Shares Outstanding	857.86K	0.00	1.94M	2.62M	38.61M	0.00	4.15M	4.49M	6.33M	0.00	22.99M

This table details how cash moves in and out of Digital Brands Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	0.54	-0.05	0.76	-1.26	0.14	7.51
Net Cash From Operating Activities	-2.06	-14	-11	-6.01	-6.15	-16
Net Cash From Continuing Operating Activities	-2.06	-14	-11	-6.01	-6.15	-16
Net Income / (Loss) Continuing Operations	-11	-32	-38	-10	-13	-28
Consolidated Net Income / (Loss)	-11	-32	-38	-10	-13	-28
Depreciation Expense	0.60	1.22	1.65	3.25	2.51	2.09
Amortization Expense	0.24	1.38	6.51	3.94	2.43	0.02
Non-Cash Adjustments To Reconcile Net Income	3.19	7.09	15	4.51	1.80	4.47
Changes in Operating Assets and Liabilities, net	4.64	8.45	4.32	-7.46	0.21	5.79
Net Cash From Investing Activities	0.20	-6.01	-7.37	0.09	0.00	0.00
Net Cash From Continuing Investing Activities	0.20	-6.01	-7.37	0.09	0.00	0.00
Net Cash From Financing Activities	2.39	20	19	4.66	6.30	23
Net Cash From Continuing Financing Activities	2.39	20	19	4.66	6.30	23
Repayment of Debt	2.75	0.77	-7.35	-4.81	-3.87	-0.69
Issuance of Debt	1.27	8.43	10	0.15	0.79	0.24
Issuance of Preferred Equity	0.02	-	-	-	0.00	11
Issuance of Common Equity	0.00	10	19	9.31	9.37	6.64
Other Financing Activities, net	-1.93	3.09	-0.65	-	0.00	5.81
Cash Interest Paid	0.00	0.90	0.73	0.71	1.84	0.05
Cash Income Taxes Paid	-	-	0.00	0.00	0.00	0.00

This table details how cash moves in and out of Digital Brands Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	0.71	-1.05	-0.01	0.11	0.17	-0.12	2.08	-1.70	12	-4.73	-2.56
Net Cash From Operating Activities	-3.48	0.44	-1.24	-1.62	-0.54	-2.75	-4.51	-1.58	-5.07	-4.72	-4.71
Net Cash From Continuing Operating Activities	-3.48	0.44	-1.24	-1.62	-0.54	-2.75	-4.51	-1.58	-5.07	-4.72	-4.71
Net Income / (Loss) Continuing Operations	-5.44	-3.72	-0.68	-3.51	-3.54	-5.37	-2.09	-2.12	-3.45	-21	-11
Consolidated Net Income / (Loss)	-5.44	-3.72	-0.68	-3.51	-3.54	-5.37	-2.09	-2.12	-3.45	-21	-11
Depreciation Expense	0.72	0.76	0.72	0.72	0.62	0.45	0.42	0.42	0.42	0.84	0.15
Amortization Expense	0.34	1.98	0.67	0.92	0.64	0.21	0.01	0.01	0.01	-0.02	0.00
Non-Cash Adjustments To Reconcile Net Income	1.44	-0.10	0.18	0.14	0.86	0.62	0.00	-1.01	0.15	5.33	4.01
Changes in Operating Assets and Liabilities, net	-0.54	1.52	-2.12	0.12	0.88	1.33	-2.85	1.12	-2.20	9.72	2.52
Net Cash From Investing Activities	-0.02	0.05	-0.01	-0.01	-0.00	0.02	0.00	-	-	-	-0.26
Net Cash From Continuing Investing Activities	-0.02	0.05	-0.01	0.01	-0.02	0.02	0.00	-	-	-	-0.26
Purchase of Property, Plant & Equipment	-	-0.00	-0.01	-	-	-	0.00	-	-	-	-0.12
Other Investing Activities, net	-0.02	0.05	-	-	-	-	0.00	-	-	-	-0.14
Net Cash From Financing Activities	4.21	-1.55	1.24	1.71	0.74	2.61	6.59	-0.12	17	-0.00	2.41
Net Cash From Continuing Financing Activities	4.21	-1.55	1.24	1.71	0.74	2.61	6.59	-0.12	17	-0.00	2.41
Repayment of Debt	-2.40	4.25	-0.52	-1.66	-0.30	-1.39	-0.16	-0.02	-0.26	-0.25	-0.15
Issuance of Debt	1.61	-5.65	0.03	0.46	0.30	-	0.10	6.54	-6.40	-	0.00
Issuance of Preferred Equity	-	-	-	-	-	-	6.64	-	-	-	0.00
Other Financing Activities, net	-	-	0.00	0.03	-	-0.03	0.00	-6.65	5.57	0.25	2.56
Cash Interest Paid	0.49	-0.46	0.00	0.00	1.68	0.15	0.05	-	-	-	0.00
Cash Income Taxes Paid	-	-	0.00	-	-	-	0.00	-	-	-	0.00

This table presents Digital Brands Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	16	36	34	25	20	44
Total Current Assets	2.01	4.78	8.83	5.56	4.70	21
Cash & Equivalents	0.58	0.53	1.28	0.02	0.16	1.93
Restricted Cash	-	-	-	-	0.00	5.74
Accounts Receivable	0.25	1.07	1.42	0.07	0.04	0.15
Inventories, net	1.16	2.76	5.12	4.85	3.82	3.14
Prepaid Expenses	0.02	0.42	0.77	0.28	0.27	9.37
Other Current Assets	-	-	-	0.34	0.39	0.27
Plant, Property, & Equipment, net	0.06	0.10	0.10	0.06	0.02	0.02
Total Noncurrent Assets	14	32	25	20	15	24
Goodwill	6.48	18	8.97	8.97	8.97	5.79
Intangible Assets	7.49	13	13	9.98	6.12	4.49
Other Noncurrent Operating Assets	0.31	0.51	0.30	0.77	0.08	14
Total Liabilities & Shareholders' Equity	16	36	34	25	20	44
Total Liabilities	22	44	41	24	21	36
Total Current Liabilities	20	35	41	23	21	26
Short-Term Debt	6.19	6.00	11	7.21	6.40	6.12
Accounts Payable	6.11	6.84	8.02	7.54	6.42	6.27
Accrued Expenses	1.25	2.24	3.94	4.76	5.26	5.56
Other Current Liabilities	5.99	19	15	1.71	0.41	5.32
Other Current Nonoperating Liabilities	0.74	1.11	2.63	2.00	2.33	2.79
Total Noncurrent Liabilities	1.93	8.53	0.30	0.52	0.40	9.65
Noncurrent Deferred & Payable Income Tax Liabilities	-	-	0.00	0.37	0.25	0.25
Noncurrent Employee Benefit Liabilities	-	-	-	-	-	9.41
Other Noncurrent Operating Liabilities	0.01	2.31	0.00	0.00	0.00	0.00
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-5.86	-7.09	-7.45	1.60	-1.33	8.77
Total Preferred & Common Equity	-5.86	-7.09	-7.45	1.60	-1.33	8.77
Preferred Stock	0.01	0.00	0.00	0.00	0.00	0.00
Total Common Equity	-5.86	-7.09	-7.45	1.60	-1.33	8.77
Common Stock	27	59	96	116	126	164
Retained Earnings	-33	-66	-104	-114	-127	-155
Other Equity Adjustments	-	-	-	0.00	0.00	0.00

This table presents Digital Brands Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	28	25	25	23	27	28	41	47
Total Current Assets	7.65	6.00	6.56	6.40	12	6.45	20	19
Cash & Equivalents	1.07	0.01	0.09	0.29	2.24	0.54	6.70	5.12
Restricted Cash	-	-	-	-	-	-	5.71	0.00
Accounts Receivable	0.68	0.28	0.29	0.28	0.05	0.17	0.05	0.21
Inventories, net	4.71	4.65	5.06	5.04	4.25	4.08	4.32	3.55
Prepaid Expenses	1.19	0.30	0.38	0.35	5.61	1.33	3.00	10
Other Current Assets	-	0.76	0.74	0.44	0.31	0.34	0.23	0.19
Plant, Property, & Equipment, net	0.10	0.07	0.08	0.08	0.02	0.02	0.02	0.21
Total Noncurrent Assets	20	19	18	17	15	21	21	28
Goodwill	8.97	8.97	8.97	8.97	8.97	8.97	8.97	5.79
Intangible Assets	11	9.26	8.54	7.32	5.70	8.29	7.87	4.35
Other Noncurrent Operating Assets	0.31	0.54	0.79	0.52	0.08	4.09	4.33	18
Total Liabilities & Shareholders' Equity	28	25	25	23	27	28	41	47
Total Liabilities	23	22	22	23	21	21	25	44
Total Current Liabilities	22	21	21	22	20	19	25	27
Short-Term Debt	6.78	7.36	6.84	7.47	5.42	5.32	6.25	6.06
Accounts Payable	8.61	6.27	6.12	6.25	6.01	5.59	4.89	6.62
Accrued Expenses	4.78	4.32	4.96	5.24	5.43	5.53	5.52	5.65
Other Current Liabilities	0.30	1.57	1.56	1.43	0.41	0.40	5.50	5.60
Other Current Nonoperating Liabilities	1.89	1.84	1.94	2.05	2.42	2.54	2.66	2.91
Total Noncurrent Liabilities	0.16	0.52	0.79	0.83	1.33	1.33	0.40	17
Noncurrent Deferred & Payable Income Tax Liabilities	-	0.37	0.37	0.37	0.25	0.25	0.25	0.25
Noncurrent Employee Benefit Liabilities	-	-	-	-	-	-	-	12
Other Noncurrent Operating Liabilities	0.01	0.00	0.28	0.31	0.00	-	0.00	4.19
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	5.22	2.98	2.73	0.02	6.22	7.11	16	3.58
Total Preferred & Common Equity	5.22	2.98	2.73	0.02	6.22	7.11	16	3.58
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	5.22	2.98	2.73	0.02	6.22	7.11	16	3.58
Common Stock	115	118	121	122	135	138	151	168
Retained Earnings	-110	-115	-118	-122	-129	-131	-135	-167
Other Equity Adjustments	-	0.00	0.00	0.00	0.00	0.00	0.00	2.43

This table displays calculated financial ratios and metrics derived from Digital Brands Group's official financial filings.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	0.00	12,627,488.00	0.00	857,859.00	77,226,876.00	6,326,930.00
DEI Adjusted Shares Outstanding	0.00	101.00	0.00	17,157.00	1,544,538.00	6,326,930.00
DEI Earnings Per Adjusted Shares Outstanding	0.00	-291,659.98	0.00	-597.26	-8.49	-4.80
Growth Metrics	-	-	-	-	-	-
Revenue Growth	0.00%	44.76%	36.24%	44.35%	-22.53%	-36.13%
EBITDA Growth	0.00%	-273.12%	67.61%	150.94%	-205.08%	-412.57%
EBIT Growth	0.00%	-267.06%	45.74%	88.46%	-390.83%	-187.17%
NOPAT Growth	0.00%	-242.69%	32.31%	90.13%	-386.84%	-189.52%
Net Income Growth	0.00%	-201.61%	-17.57%	73.06%	-27.90%	-115.56%
EPS Growth	0.00%	0.00%	0.00%	0.00%	83.24%	97.16%
Operating Cash Flow Growth	0.00%	-589.68%	24.27%	44.16%	-2.32%	-158.07%
Free Cash Flow Firm Growth	0.00%	0.00%	55.19%	9.41%	65.01%	-549.74%
Invested Capital Growth	0.00%	135.90%	-62.14%	406.01%	-32.51%	35.46%
Revenue Q/Q Growth	0.00%	74.80%	-18.95%	8.22%	-4.81%	-6.80%
EBITDA Q/Q Growth	0.00%	-35.94%	50.55%	19.04%	-526.53%	-166.45%
EBIT Q/Q Growth	0.00%	-39.30%	34.60%	-2.46%	-30.57%	-141.27%
NOPAT Q/Q Growth	0.00%	-34.06%	26.60%	-2.46%	-29.51%	-141.27%
Net Income Q/Q Growth	0.00%	-27.90%	-19.04%	54.07%	-14.42%	-116.81%
EPS Q/Q Growth	0.00%	0.00%	0.00%	54.07%	70.91%	51.01%
Operating Cash Flow Q/Q Growth	0.00%	-14.78%	5.81%	29.56%	-108.38%	-14.16%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	-287.77%	48.24%	-83.69%	-97.34%
Invested Capital Q/Q Growth	0.00%	-52.15%	140.10%	-15.65%	-21.51%	-20.89%
Profitability Metrics	-	-	-	-	-	-
Gross Margin	10.57%	24.63%	34.30%	43.87%	31.54%	14.29%
EBITDA Margin	-157.83%	-406.80%	-96.71%	34.13%	-46.29%	-371.49%
Operating Margin	-174.60%	-413.31%	-205.36%	-14.05%	-88.28%	-400.14%
EBIT Margin	-173.97%	-441.12%	-175.67%	-14.05%	-89.00%	-400.14%
Profit (Net Income) Margin	-204.76%	-426.61%	-368.15%	-68.70%	-113.42%	-382.78%
Tax Burden Percent	100.13%	114.11%	140.31%	123.21%	99.10%	100.00%
Interest Burden Percent	117.55%	84.76%	149.37%	396.91%	128.60%	95.66%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-264.58%	-539.86%	-377.45%	-22.39%	-77.94%	-237.84%
ROIC Less NNEP Spread (ROIC-NNEP)	-316.82%	-638.68%	-584.36%	-115.05%	-144.06%	-390.26%
Return on Net Nonoperating Assets (RNNOA)	447.73%	1,039.69%	900.64%	372.69%	-9,487.13%	-521.69%
Return on Equity (ROE)	183.15%	499.84%	523.19%	350.29%	-9,565.07%	-759.53%
Cash Return on Invested Capital (CROIC)	0.00%	-620.77%	-287.32%	-156.39%	-39.13%	-267.96%
Operating Return on Assets (OROA)	-55.74%	-126.65%	-51.70%	-7.09%	-45.48%	-91.75%
Return on Assets (ROA)	-65.61%	-122.48%	-108.35%	-34.69%	-57.96%	-87.77%
Return on Common Equity (ROCE)	183.35%	500.08%	523.19%	350.29%	-9,564.93%	-759.53%
Return on Equity Simple (ROE_SIMPLE)	183.15%	456.40%	510.43%	-639.41%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-6.40	-22	-15	-1.47	-7.14	-21
NOPAT Margin	-122.22%	-289.31%	-143.75%	-9.83%	-61.79%	-280.10%
Net Nonoperating Expense Percent (NNEP)	52.24%	98.82%	206.91%	92.66%	66.11%	152.42%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-16.36%	-136.80%	-138.82%
Cost of Revenue to Revenue	89.43%	75.37%	65.70%	56.13%	68.46%	85.71%
SG&A Expenses to Revenue	136.45%	220.87%	136.14%	95.86%	74.88%	131.08%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	185.16%	437.94%	239.66%	57.92%	119.81%	414.43%
Earnings before Interest and Taxes (EBIT)	-9.12	-33	-18	-2.10	-10	-30
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-8.27	-31	-9.99	5.09	-5.35	-27
Valuation Ratios	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	1.75	0.00	9.15
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.91	3.83	0.22	0.19	0.12	10.87
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	7.25	7.13	5.52	0.93	1.05	7.87
Enterprise Value to Revenue (EV/Rev)	3.35	5.37	1.16	0.68	0.67	10.66
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	1.99	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-
Debt to Equity	-1.39	-1.72	-1.47	4.59	-4.93	0.70
Long-Term Debt to Equity	-0.33	-0.88	-0.02	0.09	-0.11	0.00
Financial Leverage	-1.41	-1.63	-1.54	-3.24	65.86	1.34
Leverage Ratio	-2.79	-4.08	-4.83	-10.10	165.03	8.65
Compound Leverage Factor	-3.28	-3.46	-7.21	-40.08	212.22	8.28
Debt to Total Capital	359.28%	238.28%	311.35%	82.12%	125.45%	41.13%
Short-Term Debt to Total Capital	274.08%	117.07%	307.10%	80.45%	122.58%	41.13%
Long-Term Debt to Total Capital	85.20%	121.22%	4.25%	1.67%	2.87%	0.00%
Preferred Equity to Total Capital	0.28%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	-259.56%	-138.28%	-211.35%	17.88%	-25.45%	58.87%
Debt to EBITDA	-0.98	-0.40	-1.10	1.45	-1.22	-0.22
Net Debt to EBITDA	-0.91	-0.38	-0.97	1.44	-1.19	0.06
Long-Term Debt to EBITDA	-0.23	-0.20	-0.02	0.03	-0.03	0.00
Debt to NOPAT	-1.27	-0.56	-0.74	-5.02	-0.92	-0.30
Net Debt to NOPAT	-1.18	-0.53	-0.65	-5.00	-0.89	0.08
Long-Term Debt to NOPAT	-0.30	-0.28	-0.01	-0.10	-0.02	0.00
Altman Z-Score	-5.44	-5.94	-6.88	-6.75	-11.01	-5.71
Noncontrolling Interest Sharing Ratio	-0.11%	-0.05%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-
Current Ratio	0.10	0.14	0.22	0.24	0.23	0.79
Quick Ratio	0.04	0.05	0.07	0.00	0.01	0.08
Cash Flow Metrics	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-25	-11	-10	-3.58	-23
Operating Cash Flow to CapEx	-238,609.61%	-32,928.88%	-17,569.60%	-20,261.65%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	0.00	-6.89	-1.26	0.00	-1.22	0.00
Operating Cash Flow to Interest Expense	-1.29	-3.88	-1.20	0.00	-2.09	0.00
Operating Cash Flow Less CapEx to Interest Expense	-1.29	-3.89	-1.21	0.00	-2.09	0.00
Efficiency Ratios	-	-	-	-	-	-
Asset Turnover	0.32	0.29	0.29	0.51	0.51	0.23
Accounts Receivable Turnover	21.34	11.49	8.28	19.92	194.38	74.54
Inventory Turnover	4.03	2.92	1.72	1.68	1.82	1.82
Fixed Asset Turnover	84.08	95.06	102.43	186.43	290.35	370.67
Accounts Payable Turnover	0.77	0.88	0.91	1.08	1.13	1.00
Days Sales Outstanding (DSO)	17.11	31.77	44.11	18.32	1.88	4.90
Days Inventory Outstanding (DIO)	90.61	125.10	211.76	217.37	200.08	200.80
Days Payable Outstanding (DPO)	475.95	413.44	399.35	339.06	322.11	366.24
Cash Conversion Cycle (CCC)	-368.23	-256.57	-143.48	-103.37	-120.15	-160.54
Capital & Investment Metrics	-	-	-	-	-	-
Invested Capital	2.42	5.71	2.16	11	7.38	10
Invested Capital Turnover	2.16	1.87	2.63	2.28	1.26	0.85
Increase / (Decrease) in Invested Capital	0.00	3.29	-3.55	8.78	-3.56	2.62
Enterprise Value (EV)	18	41	12	10	7.76	79
Market Capitalization	10	29	2.23	2.81	1.38	80
Book Value per Share	($8.83)	($0.56)	($241.58)	$1.87	($0.03)	$1.39
Tangible Book Value per Share	($29.87)	($3.02)	($950.76)	($20.23)	($0.43)	($0.24)
Total Capital	2.26	5.13	3.53	8.96	5.22	15
Total Debt	8.12	12	11	7.36	6.55	6.12
Total Long-Term Debt	1.92	6.21	0.15	0.15	0.15	0.00
Net Debt	7.54	12	9.70	7.34	6.38	-1.55
Capital Expenditures (CapEx)	0.00	0.04	0.06	0.03	0.00	0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-13	-25	-23	-10	-9.89	-7.00
Debt-free Net Working Capital (DFNWC)	-12	-24	-21	-10	-9.72	0.67
Net Working Capital (NWC)	-18	-30	-32	-18	-16	-5.45
Net Nonoperating Expense (NNE)	4.32	10	23	8.78	5.97	7.58
Net Nonoperating Obligations (NNO)	8.28	13	9.61	9.34	8.71	1.23
Total Depreciation and Amortization (D&A)	0.85	2.60	8.16	7.19	4.94	2.11
Debt-free, Cash-free Net Working Capital to Revenue	-241.51%	-326.93%	-217.84%	-70.16%	-85.58%	-94.91%
Debt-free Net Working Capital to Revenue	-230.52%	-319.97%	-205.49%	-70.03%	-84.15%	9.13%
Net Working Capital to Revenue	-348.70%	-399.10%	-310.29%	-118.36%	-139.52%	-73.85%
Earnings Adjustments	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.00	$0.00	($76.71)	($2.18)
Adjusted Weighted Average Basic Shares Outstanding	0.00	3.08K	30.85K	0.00	170.85K	13.96M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	($76.71)	($2.18)
Adjusted Weighted Average Diluted Shares Outstanding	0.00	3.08K	30.85K	0.00	170.85K	13.96M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	5.55K	0.00	0.00	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	-5.26	-20	-11	-1.47	-6.17	-17
Normalized NOPAT Margin	-100.39%	-257.94%	-106.48%	-9.83%	-53.38%	-226.28%
Pre Tax Income Margin	-204.50%	-373.87%	-262.39%	-55.75%	-114.45%	-382.78%
Debt Service Ratios	-	-	-	-	-	-
EBIT to Interest Expense	-5.70	-9.13	-2.03	0.00	-3.50	0.00
NOPAT to Interest Expense	-4.00	-5.99	-1.66	0.00	-2.43	0.00
EBIT Less CapEx to Interest Expense	-5.70	-9.14	-2.03	0.00	-3.50	0.00
NOPAT Less CapEx to Interest Expense	-4.00	-6.00	-1.66	0.00	-2.43	0.00
Payout Ratios	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-4.31%	-6.54%	-7.68%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Digital Brands Group's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	7,927,549.00	857,859.00	857,859.00	1,935,519.00	2,617,027.00	77,226,876.00	77,226,876.00	4,146,494.00	4,491,321.00	6,326,930.00	6,326,930.00
DEI Adjusted Shares Outstanding	6,342.00	17,157.00	17,157.00	38,710.00	52,341.00	1,544,538.00	1,544,538.00	4,146,494.00	4,491,321.00	6,326,930.00	6,326,930.00
DEI Earnings Per Adjusted Shares Outstanding	-857.14	-216.77	-39.85	-90.69	-67.66	-3.48	-1.35	-0.51	-0.77	-3.59	-1.80
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	22.51%	71.15%	-19.44%	-24.42%	-25.07%	-21.42%	-47.67%	-33.71%	-32.24%	-25.12%	-29.69%
EBITDA Growth	-1,971.13%	158.72%	158.16%	-107.72%	36.89%	-3,172.63%	-231.43%	-133.32%	-94.71%	-400.88%	-376.75%
EBIT Growth	-38.97%	-23.08%	94.86%	-130.21%	19.81%	-89.20%	-770.26%	13.77%	-21.32%	-350.79%	-279.50%
NOPAT Growth	-40.32%	-1.97%	93.91%	-121.15%	19.81%	-89.20%	-788.76%	13.77%	-21.32%	-350.79%	-271.60%
Net Income Growth	-11.06%	76.43%	88.86%	-169.59%	34.86%	-44.42%	-205.66%	39.67%	2.52%	-283.40%	-445.10%
EPS Growth	0.00%	76.43%	0.00%	-169.59%	34.86%	81.08%	96.00%	99.22%	98.55%	94.82%	-15.22%
Operating Cash Flow Growth	-67.09%	121.42%	26.70%	-25.32%	84.42%	-719.08%	-263.34%	2.38%	-835.95%	-71.46%	-4.52%
Free Cash Flow Firm Growth	-232.93%	-702.78%	-11.44%	99.17%	107.91%	100.99%	73.46%	-7,876.06%	-439.09%	-17,413.82%	114.10%
Invested Capital Growth	340.58%	406.01%	146.67%	-11.78%	-27.47%	-32.51%	4.77%	34.01%	34.38%	35.46%	-42.43%
Revenue Q/Q Growth	-27.51%	-16.31%	31.20%	-5.05%	-28.13%	-12.23%	-12.63%	20.29%	-26.54%	-3.01%	-17.96%
EBITDA Q/Q Growth	-127.33%	105.90%	734.78%	-157.35%	-123.51%	-187.15%	64.29%	0.89%	-86.52%	-638.69%	66.01%
EBIT Q/Q Growth	-144.90%	23.86%	91.38%	-924.83%	-19.20%	-79.64%	60.34%	0.57%	-67.70%	-567.51%	66.61%
NOPAT Q/Q Growth	-131.43%	23.86%	91.38%	-924.83%	-19.20%	-79.64%	59.50%	0.57%	-67.70%	-567.51%	66.61%
Net Income Q/Q Growth	-207.77%	31.58%	81.62%	-413.43%	-0.88%	-51.67%	61.09%	-1.34%	-62.99%	-496.56%	44.68%
EPS Q/Q Growth	-4,793.55%	31.58%	81.62%	-413.43%	-0.88%	61.44%	97.07%	11.96%	-45.68%	-38.14%	34.97%
Operating Cash Flow Q/Q Growth	-169.70%	112.80%	-378.78%	-30.21%	66.47%	-408.64%	-63.61%	65.01%	-221.46%	6.82%	0.27%
Free Cash Flow Firm Q/Q Growth	-159.38%	48.92%	29.46%	99.11%	2,558.41%	-93.60%	-1,991.11%	-168.23%	-4.52%	-226.57%	101.54%
Invested Capital Q/Q Growth	-1.12%	-15.65%	12.55%	-6.02%	-18.70%	-21.51%	74.72%	20.20%	-18.47%	-20.89%	-25.75%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	52.29%	17.79%	48.11%	45.90%	45.95%	-35.33%	46.61%	31.61%	42.73%	-77.05%	3.45%
EBITDA Margin	-72.38%	5.10%	32.46%	-19.60%	-60.96%	-199.46%	-81.51%	-68.99%	-175.19%	-1,334.19%	-552.70%
Operating Margin	-105.06%	-95.58%	-6.28%	-67.79%	-112.43%	-230.13%	-106.67%	-88.18%	-201.31%	-1,385.41%	-563.77%
EBIT Margin	-105.06%	-95.58%	-6.28%	-67.79%	-112.43%	-230.13%	-104.45%	-88.18%	-201.31%	-1,385.41%	-563.77%
Profit (Net Income) Margin	-166.88%	-136.42%	-19.12%	-103.37%	-145.09%	-250.73%	-111.66%	-94.07%	-208.73%	-1,283.79%	-865.67%
Tax Burden Percent	100.00%	116.77%	100.00%	100.00%	100.00%	97.83%	100.00%	100.00%	100.00%	100.00%	100.00%
Interest Burden Percent	158.85%	122.23%	304.36%	152.48%	129.05%	111.37%	106.90%	106.68%	103.69%	92.67%	153.55%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-267.51%	-152.35%	-7.14%	-49.81%	-85.39%	-203.19%	-58.35%	-39.69%	-101.22%	-823.48%	-265.03%
ROIC Less NNEP Spread (ROIC-NNEP)	-308.37%	-172.35%	-11.89%	-71.47%	-104.31%	-224.47%	-67.00%	-48.14%	-138.35%	-924.78%	-382.83%
Return on Net Nonoperating Assets (RNNOA)	628.37%	558.29%	54.01%	-175.21%	-341.07%	-14,783.10%	-116.54%	-84.40%	-52.21%	-1,236.23%	-410.99%
Return on Equity (ROE)	360.87%	405.94%	46.87%	-225.02%	-426.47%	-14,986.29%	-174.88%	-124.09%	-153.43%	-2,059.71%	-676.02%
Cash Return on Invested Capital (CROIC)	-152.60%	-156.39%	-73.54%	-36.00%	-17.44%	-39.13%	-71.14%	-89.33%	-107.06%	-267.96%	-186.91%
Operating Return on Assets (OROA)	-46.16%	-48.27%	-3.04%	-33.46%	-53.49%	-117.60%	-39.50%	-29.10%	-49.44%	-317.66%	-103.21%
Return on Assets (ROA)	-73.32%	-68.89%	-9.27%	-51.02%	-69.03%	-128.13%	-42.23%	-31.04%	-51.26%	-294.36%	-158.48%
Return on Common Equity (ROCE)	360.87%	405.94%	46.87%	-225.02%	-426.47%	-14,986.08%	-174.88%	-124.09%	-153.43%	-2,059.71%	-676.02%
Return on Equity Simple (ROE_SIMPLE)	-427.29%	0.00%	-160.91%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-2.40	-1.82	-0.16	-1.61	-1.92	-3.45	-1.40	-1.39	-2.33	-16	-5.19
NOPAT Margin	-73.54%	-66.91%	-4.40%	-47.45%	-78.70%	-161.09%	-74.67%	-61.72%	-140.92%	-969.78%	-394.64%
Net Nonoperating Expense Percent (NNEP)	40.86%	20.00%	4.75%	21.66%	18.91%	21.28%	8.65%	8.45%	37.13%	101.29%	117.80%
Return On Investment Capital (ROIC_SIMPLE)	-	-20.35%	-1.50%	-16.58%	-25.13%	-66.11%	-10.98%	-10.29%	-10.41%	-104.45%	-53.90%
Cost of Revenue to Revenue	47.71%	82.21%	51.89%	54.10%	54.05%	135.33%	53.39%	68.39%	57.27%	177.05%	96.55%
SG&A Expenses to Revenue	114.68%	74.44%	27.17%	86.77%	99.52%	107.60%	105.46%	67.84%	132.62%	248.15%	195.46%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	157.35%	113.37%	54.39%	113.69%	158.38%	194.79%	153.28%	119.78%	244.04%	1,308.35%	567.22%
Earnings before Interest and Taxes (EBIT)	-3.42	-2.61	-0.22	-2.30	-2.74	-4.93	-1.95	-1.99	-3.33	-22	-7.42
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-2.36	0.14	1.16	-0.67	-1.49	-4.27	-1.53	-1.55	-2.90	-21	-7.27
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.51	1.75	1.20	0.91	46.13	0.00	1.06	1.44	2.30	9.15	3.18
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.19	0.19	0.25	0.19	0.07	0.12	0.67	1.18	4.65	10.87	1.67
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.66	0.93	0.90	0.81	0.87	1.05	0.84	1.04	2.44	7.87	1.66
Enterprise Value to Revenue (EV/Rev)	0.62	0.68	0.79	0.72	0.68	0.67	1.10	1.85	3.89	10.66	1.81
Enterprise Value to EBITDA (EV/EBITDA)	2.00	1.99	1.46	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	8.09	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	11.55	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.33	4.59	2.52	2.56	400.31	-4.93	1.05	0.90	0.40	0.70	1.69
Long-Term Debt to Equity	0.03	0.09	0.05	0.06	7.88	-0.11	0.17	0.15	0.01	0.00	0.00
Financial Leverage	-2.04	-3.24	-4.54	2.45	3.27	65.86	1.74	1.75	0.38	1.34	1.07
Leverage Ratio	-8.59	-10.10	-11.87	7.34	9.74	165.03	5.66	5.37	4.03	8.65	7.61
Compound Leverage Factor	-13.65	-12.34	-36.14	11.19	12.57	183.79	6.05	5.72	4.18	8.02	11.68
Debt to Total Capital	57.02%	82.12%	71.59%	71.93%	99.75%	125.45%	51.10%	47.40%	28.57%	41.13%	62.86%
Short-Term Debt to Total Capital	55.79%	80.45%	70.16%	70.39%	97.79%	122.58%	42.59%	39.38%	27.90%	41.13%	62.86%
Long-Term Debt to Total Capital	1.23%	1.67%	1.43%	1.54%	1.96%	2.87%	8.51%	8.02%	0.67%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	42.98%	17.88%	28.41%	28.07%	0.25%	-25.45%	48.90%	52.60%	71.43%	58.87%	37.14%
Debt to EBITDA	1.62	1.45	0.99	-4.06	-8.93	-1.22	-0.81	-0.72	-0.62	-0.22	-0.18
Net Debt to EBITDA	1.37	1.44	0.99	-4.00	-8.59	-1.19	-0.53	-0.66	0.58	0.06	-0.03
Long-Term Debt to EBITDA	0.04	0.03	0.02	-0.09	-0.18	-0.03	-0.14	-0.12	-0.01	0.00	0.00
Debt to NOPAT	-4.84	-5.02	7.84	-1.17	-1.38	-0.92	-0.78	-0.78	-0.75	-0.30	-0.25
Net Debt to NOPAT	-4.09	-5.00	7.83	-1.15	-1.33	-0.89	-0.51	-0.72	0.70	0.08	-0.04
Long-Term Debt to NOPAT	-0.10	-0.10	0.16	-0.03	-0.03	-0.02	-0.13	-0.13	-0.02	0.00	0.00
Altman Z-Score	-6.04	-6.82	-6.57	-7.07	-7.99	-10.12	-6.64	-6.79	-3.92	-5.17	-5.34
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.34	0.24	0.28	0.31	0.29	0.23	0.63	0.33	0.81	0.79	0.72
Quick Ratio	0.08	0.00	0.01	0.02	0.03	0.01	0.12	0.04	0.27	0.08	0.20
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-21	-11	-7.48	-0.07	1.64	0.10	-1.99	-5.32	-5.57	-18	0.28
Operating Cash Flow to CapEx	0.00%	24,450.27%	-8,999.20%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-3,926.71%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	-14.71	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	-33.41	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	-33.41	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.44	0.51	0.48	0.49	0.48	0.51	0.38	0.33	0.25	0.23	0.18
Accounts Receivable Turnover	16.26	19.92	23.08	28.14	25.44	194.38	59.33	38.56	48.63	74.54	51.68
Inventory Turnover	2.01	1.68	1.63	1.52	1.49	1.82	1.59	1.48	1.36	1.82	1.69
Fixed Asset Turnover	190.61	186.43	199.20	146.00	136.80	290.35	214.85	174.07	161.03	370.67	57.53
Accounts Payable Turnover	0.94	1.08	1.09	1.02	0.98	1.13	1.15	1.15	1.15	1.00	1.04
Days Sales Outstanding (DSO)	22.45	18.32	15.81	12.97	14.35	1.88	6.15	9.47	7.51	4.90	7.06
Days Inventory Outstanding (DIO)	181.86	217.37	223.78	239.64	245.33	200.08	230.28	246.76	267.51	200.80	215.76
Days Payable Outstanding (DPO)	389.25	339.06	336.33	359.14	373.92	322.11	317.50	316.37	318.35	366.24	349.38
Cash Conversion Cycle (CCC)	-184.94	-103.37	-96.74	-106.54	-114.24	-120.15	-81.07	-60.14	-43.34	-160.54	-126.56
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	13	11	12	12	9.41	7.38	13	16	13	10	7.43
Invested Capital Turnover	3.64	2.28	1.62	1.05	1.09	1.26	0.78	0.64	0.72	0.85	0.67
Increase / (Decrease) in Invested Capital	18	8.78	7.32	-1.54	-3.56	-3.56	0.59	3.93	3.23	2.62	-5.47
Enterprise Value (EV)	8.53	10	11	9.39	8.21	7.76	11	16	31	79	12
Market Capitalization	2.67	2.81	3.57	2.49	0.88	1.38	6.61	10	37	80	11
Book Value per Share	$0.66	$1.87	$3.47	$1.61	$0.01	($0.03)	$0.16	$1.71	$3.56	$1.39	$0.57
Tangible Book Value per Share	($1.82)	($20.23)	($17.78)	($8.71)	($6.22)	($0.43)	($0.22)	($2.45)	($0.19)	($0.24)	($1.04)
Total Capital	12	8.96	10	9.72	7.64	5.22	13	14	22	15	9.64
Total Debt	6.93	7.36	7.51	6.99	7.62	6.55	6.50	6.40	6.40	6.12	6.06
Total Long-Term Debt	0.15	0.15	0.15	0.15	0.15	0.15	1.08	1.08	0.15	0.00	0.00
Net Debt	5.86	7.34	7.50	6.90	7.33	6.38	4.26	5.86	-6.01	-1.55	0.94
Capital Expenditures (CapEx)	0.00	0.00	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.12
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-9.00	-10	-8.00	-8.11	-8.86	-9.89	-4.04	-8.15	-11	-7.00	-6.56
Debt-free Net Working Capital (DFNWC)	-7.93	-10	-7.99	-8.02	-8.57	-9.72	-1.80	-7.61	1.44	0.67	-1.44
Net Working Capital (NWC)	-15	-18	-15	-15	-16	-16	-7.22	-13	-4.81	-5.45	-7.50
Net Nonoperating Expense (NNE)	3.04	1.90	0.53	1.90	1.62	1.92	0.69	0.73	1.12	5.04	6.20
Net Nonoperating Obligations (NNO)	7.75	9.34	9.33	8.84	9.39	8.71	6.68	8.40	-3.35	1.23	3.85
Total Depreciation and Amortization (D&A)	1.06	2.74	1.39	1.64	1.26	0.66	0.43	0.43	0.43	0.82	0.15
Debt-free, Cash-free Net Working Capital to Revenue	-65.30%	-70.16%	-56.93%	-62.61%	-72.98%	-85.58%	-41.03%	-93.67%	-138.49%	-94.91%	-96.11%
Debt-free Net Working Capital to Revenue	-57.55%	-70.03%	-56.85%	-61.89%	-70.60%	-84.15%	-18.25%	-87.43%	18.18%	9.13%	-21.09%
Net Working Capital to Revenue	-106.72%	-118.36%	-109.21%	-114.69%	-132.17%	-139.52%	-73.28%	-148.53%	-60.69%	-73.85%	-109.83%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	($8,307.00)	$0.00	($104.00)	$0.00	($31.44)	($0.92)	($0.81)	($1.18)	($1.63)	($1.06)
Adjusted Weighted Average Basic Shares Outstanding	373.50K	448.00	29.70K	33.70K	0.00	170.85K	2.28M	2.62M	2.93M	13.96M	10.70M
Adjusted Diluted Earnings per Share	$0.00	($8,307.00)	$0.00	($104.00)	$0.00	($31.44)	($0.92)	($0.81)	($1.18)	($1.63)	($1.06)
Adjusted Weighted Average Diluted Shares Outstanding	373.50K	448.00	29.70K	33.70K	0.00	170.85K	2.28M	2.62M	2.93M	13.96M	10.70M
Adjusted Basic & Diluted Earnings per Share	$0.00	($8,307.00)	$0.00	$0.00	$0.00	($31.44)	$0.00	$0.00	$0.00	($1.63)	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	857.86K	0.00	38.71K	52.34K	0.00	0.00	4.15M	4.49M	6.33M	0.00	22.99M
Normalized Net Operating Profit after Tax (NOPAT)	-2.40	-1.82	-0.16	-1.61	-1.50	-3.45	-1.40	-1.39	-2.33	-16	-5.19
Normalized NOPAT Margin	-73.54%	-66.91%	-4.40%	-47.45%	-61.49%	-161.09%	-74.67%	-61.72%	-140.92%	-969.78%	-394.64%
Pre Tax Income Margin	-166.88%	-116.83%	-19.12%	-103.37%	-145.09%	-256.29%	-111.66%	-94.07%	-208.73%	-1,283.79%	-865.67%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	-14.49	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	-10.36	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	-14.49	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	-10.36	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-12.75%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials Breakdown Chart

Digital Brands Group Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Digital Brands Group's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Over the last 5 years, Digital Brands Group's net income changed from -$10.73 million in 2020 to -$28.25 million in 2025, a change of 163.3%. Check out Digital Brands Group's forecast to explore projected trends and price targets.

Digital Brands Group's total operating income in 2025 was -$29.53 million, based on the following breakdown:

Total Gross Profit: $1.05 million
Total Operating Expenses: $30.59 million

Over the last 5 years, Digital Brands Group's total revenue changed from $5.24 million in 2020 to $7.38 million in 2025, a change of 40.9%.

Digital Brands Group's total liabilities were at $35.72 million at the end of 2025, a 68.3% increase from 2024, and a 60.8% increase since 2020.

In the past 5 years, Digital Brands Group's cash and equivalents has ranged from $20.77 thousand in 2023 to $1.93 million in 2025, and is currently $1.93 million as of their latest financial filing in 2025.

Over the last 5 years, Digital Brands Group's book value per share changed from -8.83 in 2020 to 1.39 in 2025, a change of -115.7%.

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Financial statements for NASDAQ:DBGI last updated on 7/16/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Digital Brands Group (DBGI) Financials

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Digital Brands Group Financials - Frequently Asked Questions

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Digital Brands Group (DBGI) Financials

Annual Income Statements for Digital Brands Group

Quarterly Income Statements for Digital Brands Group

Annual Cash Flow Statements for Digital Brands Group

Quarterly Cash Flow Statements for Digital Brands Group

Annual Balance Sheets for Digital Brands Group

Quarterly Balance Sheets for Digital Brands Group

Annual Metrics And Ratios for Digital Brands Group

Quarterly Metrics And Ratios for Digital Brands Group

Financials Breakdown Chart

Digital Brands Group Financials - Frequently Asked Questions

When does Digital Brands Group's financial year end?

How has Digital Brands Group's net income changed over the last 5 years?

What is Digital Brands Group's operating income?

How has Digital Brands Group's revenue changed over the last 5 years?

How much debt does Digital Brands Group have?

How much cash does Digital Brands Group have?

How has Digital Brands Group's book value per share changed over the last 5 years?

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