Taoping Inc. Reports Fiscal Year 2025 Results

Taoping Inc. reported its financial results for the fiscal year ended December 31, 2025. The company experienced a year-over-year revenue decrease of 16.0%, with total revenue at $30.8 million, attributed to a strategic shift from lower-margin legacy software to higher-value platform-based and AI-enabled services. Gross profit was $3.37 million, and operating loss increased to $9.23 million, with a net loss of $10.06 million. This was driven by investments in new business initiatives and scaling of platform infrastructure. The company is focusing on its transformation into a technology-driven platform company, emphasizing AI, IoT, and data-enabled services, including smart city, digital media, and elevator lifecycle services. Taoping anticipates continued growth in AI-enabled platform services, expansion of recurring revenue streams, gradual improvement in gross margins, and strategic collaborations and acquisitions to drive future growth and profitability.