DOGZ

MKT CAP:$18M

Dogness (International) Corporation

Market Cap

$18M

Consumer Cyclical·Leisure·🇨🇳 China·NASDAQ

Consumer Cyc.·Leisure·🇨🇳·NASDAQ

Stock Price

$1.34-$9.46 (-87.55%)

Apr 20, 2026

Company Details

Dogness (International) Corporation, through its subsidiaries, designs, manufactures, and sells fashionable products for dogs and cats worldwide. It provides pet leashes, pet collars, pet harnesses, and retractable leashes, as well as lanya...

CEO

Silong Chen

IPO Date

Dec 19, 2017

Website

webus.dogness.com/index

Key Metrics TTM

Revenue

$37M

+10.3% YoY

Net Income

-$13M

EPS (Diluted)

-$0.92

Free Cash Flow

-$7M

Revenue / Share

$2.05

Gross Margin

21.1%

Operating Margin

-37.7%

Net Margin

-35.9%

FCF Margin

-19.7%

P/S

0.5x

P/E

—

Earnings Reports

Q2 2026

Apr 1, 2026

$8M-36.2%EPS -$0.29

FY 2025

Oct 17, 2025

$21M+39.5%EPS -$0.38

Q4 2025

Oct 17, 2025

$9M+5.5%EPS -$0.24

Q2 2025

Dec 30, 2024

$12M+81.1%EPS -$0.14

FY 2024

Oct 16, 2024

$15M-15.6%EPS -$0.55

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 18	$15M	$6M	$2M
Q2 19	$13M	$5M	$112.5K
Q4 19	$13M	$5M	$527.1K
Q2 20	$11M	$4M	-$237.5K
Q4 20	$8M	-$1M	-$7M
Q2 21	$12M	$5M	$1M
Q4 21	$12M	$4M	$510.5K
Q2 22	$18M	$7M	$2M
Q4 22	$9M	$3M	-$2M
Q2 23	$10M	$3M	-$4M
Q4 23	$7M	$946.6K	-$6M
Q2 24	$7M	$1M	-$4M
Q4 24	$8M	$2M	-$3M
Q2 25	$12M	$3M	-$2M
Q4 25	$9M	$2M	-$4M
Q2 26	$8M	$867.0K	-$4M

Valuation

Quarter	P/S	P/E
Q4 18	16.1x	86.7x
Q2 19	14.0x	92.1x
Q4 19	10.3x	96.6x
Q2 20	4.5x	87.2x
Q4 20	6.4x	—
Q2 21	8.4x	—
Q4 21	10.2x	—
Q2 22	34.5x	—
Q4 22	8.4x	91.4x
Q2 23	4.2x	219.4x
Q4 23	3.6x	—
Q2 24	1.7x	—
Q4 24	5.5x	—
Q2 25	14.8x	—
Q4 25	5.9x	—
Q2 26	3.8x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 18	-$628.4K	-$13M
Q2 19	-$4M	-$11M
Q4 19	$2M	-$7M
Q2 20	$2M	-$6M
Q4 20	-$4M	-$6M
Q2 21	-$108.5K	-$7M
Q4 21	$4M	-$3M
Q2 22	$4M	-$5M
Q4 22	$2M	-$4M
Q2 23	-$4M	-$6M
Q4 23	-$4M	-$5M
Q2 24	-$2M	-$2M
Q4 24	$2M	-$765.9K
Q2 25	$942.0K	-$108.7K
Q4 25	-$375.0K	-$344.4K
Q2 26	-$2M	-$6M

Capital Expenditures

Quarter	CapEx
Q4 18	$13M
Q2 19	$7M
Q4 19	$9M
Q2 20	$8M
Q4 20	$2M
Q2 21	$7M
Q4 21	$7M
Q2 22	$9M
Q4 22	$6M
Q2 23	$1M
Q4 23	$436.5K
Q2 24	$294.8K
Q4 24	$3M
Q2 25	$1M
Q4 25	$30.6K
Q2 26	$4M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 18	+67.8%	+85.7%
Q2 19	+43.6%	+88.1%
Q4 19	+9.4%	+49.5%
Q2 20	-22.6%	+5.5%
Q4 20	-49.7%	+12.1%
Q2 21	-4.6%	-14.4%
Q4 21	-9.8%	-10.0%
Q2 22	+58.4%	+37.6%
Q4 22	+15.9%	-27.9%
Q2 23	-15.1%	+27.8%
Q4 23	-40.5%	+14.2%
Q2 24	-63.3%	-36.4%
Q4 24	-8.4%	+4.5%
Q2 25	+16.2%	+2.4%
Q4 25	+20.0%	-1.5%
Q2 26	+15.5%	+17.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 18	$341.1K	2.2%
Q2 19	$341.1K	2.7%
Q4 19	$341.1K	2.5%
Q2 20	$323.4K	2.8%
Q4 20	$71.1K	0.9%
Q2 21	$71.1K	0.6%
Q4 21	$458.6K	3.8%
Q2 22	$11.8K	0.1%
Q4 22	$0	0.0%
Q2 23	$18.6K	0.2%
Q4 23	$1M	17.0%
Q2 24	$399.5K	6.0%
Q4 24	$715.4K	8.8%
Q2 25	$399.5K	3.3%
Q4 25	$0	0.0%
Q2 26	$0	0.0%

OpEx Breakdown

Quarter	R&D	SG&A
Q4 18	$410.0K	$3M
Q2 19	$538.7K	$4M
Q4 19	$134.5K	$4M
Q2 20	$148.5K	$4M
Q4 20	$1M	$4M
Q2 21	$254.9K	$3M
Q4 21	$285.7K	$4M
Q2 22	$459.4K	$5M
Q4 22	$457.8K	$4M
Q2 23	$554.4K	$6M
Q4 23	$376.7K	$7M
Q2 24	$485.8K	$4M
Q4 24	$124.6K	$5M
Q2 25	$665.5K	$5M
Q4 25	$449.6K	$6M
Q2 26	$533.5K	$5M

Revenue by Geography

Quarter	Australia	Canada	Central and South America	Europe	Japan and Other Asian Countries and Regions	Mainland China	United States
Q2 21	$235.8K	$784.4K	$50.9K	$938.1K	$570.2K	$6M	$3M

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 18	$7M	$28M	$35M
Q2 19	$3M	$17M	$21M
Q4 19	$3M	$11M	$14M
Q2 20	$1M	$7M	$9M
Q4 20	$1M	$4M	$5M
Q2 21	$1M	$933.9K	$2M
Q4 21	$5M	$549.9K	$5M
Q2 22	$7M	$54.9K	$7M
Q4 22	$17M	$52.3K	$17M
Q2 23	$723.0K	$11M	$11M
Q4 23	$4M	$0	$4M
Q2 24	$2M	$0	$2M
Q4 24	$7M	$0	$7M
Q2 25	$6M	$0	$6M
Q4 25	$13M	$0	$13M
Q2 26	$7M	$0	$7M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 18	10M	+2.8%	+1221.5%
Q2 19	10M	0.0%	+1221.5%
Q4 19	10M	0.0%	+5.8%
Q2 20	10M	0.0%	+2.8%
Q4 20	10M	0.0%	0.0%
Q2 21	10M	+3.4%	+3.4%
Q4 21	10M	0.0%	+3.4%
Q2 22	10M	0.0%	+3.4%
Q4 22	11M	+3.3%	+6.7%
Q2 23	11M	+0.1%	+3.4%
Q4 23	11M	+0.3%	+3.7%
Q2 24	11M	+0.0%	+3.7%
Q4 24	11M	+6.1%	+6.5%
Q2 25	13M	+13.2%	+20.4%
Q4 25	14M	+8.2%	+29.9%
Q2 26	18M	+29.1%	+67.6%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 18	$49.2K	311
Q2 19	$41.3K	311
Q4 19	$46.5K	288
Q2 20	$39.8K	288
Q4 20	$39.1K	197
Q2 21	$62.2K	197
Q4 21	$44.9K	269
Q2 22	$67.6K	269
Q4 22	$34.4K	259
Q2 23	$40.1K	259
Q4 23	$27.7K	259
Q2 24	$25.8K	259
Q4 24	$39.9K	205
Q2 25	$59.0K	205
Q4 25	$46.4K	186
Q2 26	$41.5K	186

Revenue / Employee