Financial Analysis: JetBrains Reports Historic Net Loss

For the first time in its recorded financial history, JetBrains s.r.o. has posted a net loss. Despite achieving record-breaking top-line growth, the company's bottom line has shifted into negative territory.

📊 2025 Executive Summary

In the 2025 fiscal year, JetBrains maintained its position as the #1 largest media company in Czechia (out of 15 tracked firms) by size. However, this scale did not translate to profitability.

Total Revenue: CZK 16,008 million (A record high, $\uparrow 6.3\%$ vs 2024).
Net Profit: CZK -315 million.
Return on Equity (ROE): $-11.1\%$ .
Net Margin: $-1.97\%$ .
EBITDA: CZK 918 million (Margin: $5.73\%$ ).
Liquidity: The company ended the year with net cash of CZK 7,584 million.

Disclaimer: These figures are derived from official company filings processed by the Helgi Library and should ~~be used for trading~~ not be considered investment advice.

📈 Performance Trends (2021–2025)

The following diagram illustrates the divergence between the company's growing revenue and its collapsing net income.

Financial Metrics Breakdown

The decline in efficiency is most evident in the ROE, which plummeted by 107 percentage points year-over-year, leaving JetBrains ranked 15th (last) among its Czech media peers.

$\text{Net Margin} = \frac{\text{Net Income}}{\text{Total Revenue}} = \frac{-315}{16,008} \approx -1.97\%$

📑 Detailed Financial Statements

Income Statement (CZK millions)

Metric	2021	2022	2023	2024	2025
Total Revenue	9,926	11,907	13,400	15,065	16,008
Gross Profit	5,332	5,090	4,717	2,834	1,708
Operating Exp.	479	1,849	561	632	790
EBITDA	4,853	3,242	4,155	2,202	918
EBIT	4,835	3,221	4,089	2,042	751
Pre-Tax Income	4,697	3,155	4,745	2,982	-325
Net Income	3,971	2,290	3,856	2,479	-315

Balance Sheet & Ratios (CZK millions / %)

Metric	2021	2022	2023	2024	2025
Total Assets	10,145	11,668	10,542	17,427	19,470
Total Liabilities	6,487	8,862	9,103	13,703	17,495
Total Equity	3,658	2,806	1,440	3,724	1,974
ROE (%)	99.0	70.8	182	96.0	-11.1
ROA (%)	39.5	21.0	34.7	17.7	-1.71
Current Ratio	1.15	1.09	0.926	1.09	0.981

🏢 Company Profile: JetBrains s.r.o.

Official Name: JetBrains s.r.o.
Headquarters: Praha, Czechia
Founded: 2002
Registration No: 26502275
Reporting Standard: Czech GAAP (Standalone)
Currency: CZK millions

Data Provenance

The data is sourced from the Český OR (Czech business register) and processed by the Helgi Library.

Coverage: 730 indicators.
Timeframe: 2005 – 2025.
Last Updated: Oct 6, 2026.

💸 Cash Flow & Growth Analysis

The company's cash position remains complex. While operating activities generated CZK 6,353 million in 2025, investing activities saw a massive outflow of CZK -10,273 million.

Growth Highlights (2025):

Revenue Growth: $+6.26\%$
Staff Expenses Growth: $+34.2\%$
Net Income Growth: $-113\%$
Total Liabilities Growth: $+27.7\%$

Data Acquisition Options

If you require the full dataset, the following options are available via Helgi Library:

All 730 indicators of JetBrains
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Price: $ 9.99 one-off

{
  "company": "JetBrains s.r.o.",
  "status": "First Net Loss",
  "fiscal_year": 2025,
  "primary_currency": "CZK"
}