DarkPulse, Inc. (DPLS) intrinsic value & 10-year financials
DarkPulse, Inc. (DPLS) has a Graham intrinsic value of $3.53 per share. At $0.01 on Oct 17, 2026, the stock trades 100% below that value. Over the last 10 fiscal years revenue shrank 55.4% a year to $308.5K, with an average return on invested capital of 28.1%.
- Graham intrinsic value
- $3.53
- Share price (Oct 17, 2026)
- $0.01
- Price vs Graham value
- 100% below
- Market cap
- $396.2K
- Revenue (FY2025)
- $308.5K
- Revenue growth (10-yr CAGR)
- -55.4%
- ROIC (10-yr avg)
- 28.1%
- Free cash flow (FY2025)
- -$66.5K
DPLS 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $308.5K | -$3.0M | -$0.04 | -$66.5K | -790.4% | 14.1% |
| FY2024 | $126.8K | -$3.9M | $0.00 | -$1.5M | -1479.6% | 25.3% |
| FY2023 | $2.0M | -$20.8M | $0.00 | -$5.8M | -1035.1% | 300.8% |
| FY2022 | $9.1M | -$35.3M | -$0.01 | -$23.8M | -385.3% | -551.1% |
| FY2021 | $7.8M | -$4.7M | $0.00 | -$12.1M | -113.7% | -106.9% |
| FY2020 | $0 | -$275.8K | — | $8.2K | — | 10.2% |
| FY2019 | $0 | -$1.8M | — | — | — | 95.1% |
| FY2018 | $0 | -$3.3M | — | — | — | 279.9% |
| FY2017 | $0 | -$185.3K | — | — | — | 125.3% |
| FY2016 | $0 | -$269.0K | — | — | — | 87.9% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
DarkPulse, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
DarkPulse, Inc. has earned high returns on invested capital, averaging 25.1% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.
DarkPulse, Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, DarkPulse, Inc. is modeled at -55.4% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $3.53 per share.