Dogness (International) Corporation (NASDAQ: DOGZ) announced today its fiscal 2025 financial results, reporting total revenue of $20.7 million—an increase of 39.5% from $14.8 million in fiscal 2024. Revenue growth was driven by a 43.7% rise in intelligent pet product sales to $6.3 million and a 325.2% jump in climbing hooks and other products to $5.8 million, while traditional pet product revenue fell 4.1% to $8.6 million.
Gross profit climbed 60.9% to $5.0 million, giving the company a gross profit margin of 24.3%, up 3.3 percentage points from 21.0% in 2024. Operating expenses increased modestly: selling expenses rose 16.1% to $1.3 million, general and administrative expenses grew 16.9% to $9.2 million, and research and development expenses jumped 82.7% to $1.1 million. Cost of revenues increased 33.7% to $15.7 million, but as a share of revenue fell 3.3 points to 75.7%.
Net loss narrowed to $5.1 million, a 15.8% improvement from the $6.1 million loss reported in fiscal 2024. International sales grew 35.4% to $13.6 million, and domestic sales rose 48.1% to $7.1 million, underscoring the company’s expanding global footprint. CEO Silong Chen highlighted the company’s "robust financial results" and its focus on product innovation and market expansion as key drivers of the improved performance.
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