T2 Biosystems (TTOO) Net Income

Price: $1.82
Market Cap: $31.81M
Avg Volume: 174.70K
Country: US
Industry: Medical - Diagnostics & Research
Sector: Healthcare
Beta: 0.313
52W Range: $1.78-33.2
Website: T2 Biosystems

What is T2 Biosystems's Net Income?

  • T2 Biosystems's annual net income as of FY 2023 is $-50.08M.
  • T2 Biosystems's quarterly net income as of Q2 2024 is $-9.24M.

What is Net Income?

Net income is the total profit of a company after all expenses and taxes have been deducted from revenue. It is also known as net profit or net earnings and is a key indicator of a company's financial performance and profitability.

Related Metrics

Other important metrics to assess T2 Biosystems's financial health include:

  • Net Income Growth - the rate at which a company's net income is growing:
    • Annual Growth: 20.98%
  • Net Income Ratio - net income divided by revenue:
    • Annual: -696.19%
    • Quarterly: -473.51%
  • Net Income Per Share - net income divided by the number of shares outstanding:
    • Annual: $-19.19

These metrics provide insights into T2 Biosystems's financial health and its profitability. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Net Income

$-50.08M

Quarterly Net Income

$-9.24M

Historical Annual Net Income
Historical Quarterly Net Income
Annual Net Income Growth
Annual Net Income Per Share

T2 Biosystems Historical Net Income Metrics

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.

Year Net Income Net Income Growth Net Income Ratio Net Income Per Share
2023 $-50.08M 20.98% -696.19% $-19.19
2022 $-63.37M -18.46% -284.11% $-1242.48
2021 $-53.49M -8.71% -190.66% $-1683.72
2020 $-49.21M 22.03% -271.42% $-2027.86
2019 $-63.11M -23.38% -757.19% $-6934.20
2018 $-51.15M 18.06% -487.17% $-126.12
2017 $-62.43M -13.91% -1337.93% $-194.29
2016 $-54.80M -21.01% -1343.24% $-210.66
2015 $-45.29M -44.28% -1610.02% $-220.91
2014 $-31.39M -52.30% -26378.15% $-361.85