WallStSmart
USMD

Tidal Trust II

NASDAQ: USMD · ·

$30.91
+1.31% today

Updated 2026-06-02

Market cap
$0.00
P/E ratio
P/S ratio
EPS (TTM)
$-0.14
Dividend yield
52W range
$0 – $0
Volume
0.0M

Tidal Trust II (USMD) Financial statements

SEC filings — annual and quarterly data.

Income statement — annual

Item20112012201320142015
Revenue$105.70M$234.73M$294.76M$325.15M
Revenue growth (YoY)+122.1%+25.6%+10.3%
Cost of revenue$90.18M$224.12M$295.13M$332.82M
Gross profit$15.52M$10.60M
Gross margin14.7%4.5%0.0%0.0%
R&D
SG&A$303000.00
Operating income$12.22M$2.98M
Operating margin11.6%1.3%0.0%0.0%
EBITDA
EBITDA margin0.0%0.0%0.0%0.0%
EBIT
Interest expense$0.00$0.00$0.00$0.00$0.00
Income tax
Effective tax rate0.0%0.0%
Net income$2.10M$979000.00
Net income growth (YoY)-53.4%-100.0%
Profit margin2.0%0.4%0.0%0.0%

Frequently asked questions

How profitable is USMD?

In its most recent fiscal year, USMD ran a gross margin of 0.00%, an operating margin of 0.00%, and a net margin of 0.00%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.

How much free cash flow does USMD generate?

USMD produced $5.10M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.