Dogness (International) (DOGZ) H2 2025 earnings summary

Executive summary

• Revenue grew 39.5% year-over-year to $20.7 million for the fiscal year ended June 30, 2025, driven by strong sales in intelligent pet products and climbing hooks, with gross profit up 60.9% to $5.0 million.

• International and domestic sales both saw significant increases, with international sales up 35.4% and domestic sales up 48.1% year-over-year.

• Net loss narrowed by 15.8% to $5.1 million, reflecting improved operational efficiency and higher sales volumes.

• The company is investing in R&D and e-commerce to enhance competitiveness and is actively diversifying its market presence.

Financial highlights

• Revenue increased by $5.9 million to $20.7 million, mainly from a $4.4 million rise in climbing hooks and a $1.9 million rise in intelligent pet products.

• Gross profit margin improved to 24.3% from 21.0% year-over-year.

• Cost of revenues rose 33.7% to $15.7 million, but as a percentage of revenue, costs decreased by 3.3 percentage points.

• Net loss was $5.1 million, down from $6.1 million in the prior year.

• Basic and diluted loss per share was $(0.38), compared to $(0.55) in the previous year.

Segment performance

• Intelligent pet products revenue rose 43.7% to $6.3 million, driven by a 61.7% increase in sales volume, with growth in both international and domestic markets.

• Climbing hooks and others revenue surged 325.2% to $5.8 million, with increases in both sales volume and average selling price.

• Traditional pet products revenue declined 4.1% to $8.6 million, mainly due to lower average selling prices and reduced domestic sales.