Operating
Net Income
General Purpose Acquisition Corp. Net Income decreased by 17.4% to -$5.23M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 37.4%, from -$3.81M to -$5.23M. Over 2 years (FY 2021 to FY 2024), Net Income shows a downward trend with a 124.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2021
Last reportedQ1 2026May 14, 2026
How to read this metric
An increase indicates improved profitability, while a decrease suggests declining performance or rising costs.
Detailed definition
Net income represents the total profit or loss of a company after all operating expenses, taxes, and interest have been...
Peer comparison
Standard across all public companies; essential for calculating earnings per share and return on equity.
Metric ID:
net_income_cfHistorical Data
17 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.18M | $1.18M | $1.18M | $6.68M | $3.39M | -$245.51K | -$1.74M | -$843.80K | -$3.79M | -$1.40M | -$2.69M | -$10.09M | -$9.57M | -$3.81M | -$3.70M | -$4.46M | -$5.23M |
| QoQ Change | — | +0.0% | +0.0% | +468.2% | -49.2% | -107.2% | -608.4% | +51.5% | -349.6% | +63.1% | -92.6% | -274.6% | +5.2% | +60.2% | +2.8% | -20.4% | -17.4% |
| YoY Change | — | — | — | — | +188.5% | -103.7% | -151.2% | — | — | -469.9% | -54.9% | <-999% | -152.2% | -172.3% | -37.5% | +55.8% | -37.4% |
Range-$10.09M – $6.68M
CAGR+45.2%
Avg YoY Growth-184.6%
Median YoY Growth-103.7%
Current Streak2 quarters decline
Net Income at Other Companies
Frequently Asked Questions
- What is General Purpose Acquisition Corp. 's net income?
- General Purpose Acquisition Corp. (GPAC) reported net income of -$5.23M in Q1 2026.
- How has General Purpose Acquisition Corp. 's net income changed year-over-year?
- General Purpose Acquisition Corp. 's net income decreased by 37.4% year-over-year, from -$3.81M to -$5.23M.
- What is the long-term trend for General Purpose Acquisition Corp. 's net income?
- Over 2 years (2021 to 2024), General Purpose Acquisition Corp. 's net income has grown at a 124.7% compound annual growth rate (CAGR), from $4.71M to -$23.75M.
- What does net income mean?
- The total profit or loss a company generates over a specific period.