Art's-Way Manufacturing Co., Inc. (ARTW) quarterly income statement — complete revenue, gross profit & net income history
Art's-Way Manufacturing Co., Inc. (ARTW) annual income statement — 30-year revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 5.62M | 7.85M | 6.64M | 5.07M | 6.43M | 6.34M | 5.14M | 6.17M | 5.88M | 6.73M | 5.72M | 6.85M | 8.12M | 8.22M | 7.09M | 7.37M | 7.48M | 7.28M | 5.61M | 7.26M |
| Revenue Growth % | -12.7% | 23.94% | 29.16% | -17.91% | 9.47% | -5.84% | -10.18% | -9.96% | -27.62% | -18.17% | -19.24% | -7.04% | 8.58% | 13.04% | 26.26% | 1.49% | 13.42% | 27.41% | 3.93% | 32.71% |
| Cost of Goods Sold | 3.95M | 5.82M | 4.73M | 4.21M | 4.67M | 4.28M | 3.64M | 3.94M | 4.18M | 4.82M | 4.25M | 4.94M | 5.82M | 6.04M | 4.9M | 5.49M | 5.52M | 5.08M | 4.42M | 5.17M |
| COGS % of Revenue | 70.43% | 74.13% | 71.21% | 83.09% | 72.55% | 67.49% | 70.89% | 63.87% | 71.07% | 71.67% | 74.25% | 72.09% | 71.66% | 73.45% | 69.14% | 74.48% | 73.79% | 69.86% | 78.76% | 71.18% |
| Gross Profit | 1.66M | 2.03M | 1.91M | 856.97K | 1.77M | 2.06M | 1.5M | 2.23M | 1.7M | 1.91M | 1.47M | 1.91M | 2.3M | 2.18M | 2.19M | 1.88M | 1.96M | 2.19M | 1.19M | 2.09M |
| Gross Margin % | 29.57% | 25.87% | 28.79% | 16.92% | 27.46% | 32.5% | 29.11% | 36.13% | 28.93% | 28.33% | 25.75% | 27.91% | 28.34% | 26.55% | 30.86% | 25.52% | 26.21% | 30.14% | 21.24% | 28.82% |
| Gross Profit Growth % | -5.98% | -1.35% | 27.73% | -61.56% | 3.88% | 8.03% | 1.56% | 16.56% | -26.1% | -12.68% | -32.62% | 1.68% | 17.4% | -0.44% | 83.44% | -10.13% | 12.73% | 27.36% | 14.33% | 521.06% |
| Operating Expenses | 1.73M | 1.75M | 1.58M | 1.43M | 1.42M | 1.55M | 1.49M | 1.71M | 1.55M | 1.74M | 1.85M | 1.83M | 1.83M | 1.75M | 1.64M | 1.86M | 1.46M | 1.87M | 1.63M | 1.51M |
| OpEx % of Revenue | 30.82% | 22.22% | 23.82% | 28.14% | 22.1% | 24.45% | 29.06% | 27.73% | 26.32% | 25.82% | 32.39% | 26.65% | 22.57% | 21.29% | 23.19% | 25.28% | 19.52% | 25.73% | 29.02% | 20.8% |
| Selling, General & Admin | 1.63M | 1.65M | 1.47M | 1.43M | 1.33M | 1.47M | 1.41M | 1.62M | 1.47M | 1.63M | 1.69M | 1.67M | 1.66M | 1.61M | 1.52M | 1.73M | 1.29M | 1.73M | 1.49M | 1.39M |
| SG&A % of Revenue | 29.05% | 21.02% | 22.21% | 28.14% | 20.74% | 23.12% | 27.4% | 26.34% | 24.98% | 24.23% | 29.58% | 24.34% | 20.47% | 19.58% | 21.38% | 23.46% | 17.27% | 23.75% | 26.63% | 19.17% |
| Research & Development | 99.09K | 94.06K | 106.55K | 87.28K | 87.34K | 84.11K | 85.23K | 86.21K | 78.95K | 107.07K | 160.35K | 158.68K | 170.59K | 140.5K | 128.29K | 134.43K | 168.1K | 143.94K | 134.07K | 117.94K |
| R&D % of Revenue | 1.76% | 1.2% | 1.6% | 1.72% | 1.36% | 1.33% | 1.66% | 1.4% | 1.34% | 1.59% | 2.8% | 2.32% | 2.1% | 1.71% | 1.81% | 1.82% | 2.25% | 1.98% | 2.39% | 1.62% |
| Other Operating Expenses | 0 | 0 | 0 | -87.28K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -70K | 286.58K | 330K | -568.41K | 345K | 510K | 2.48K | 518.32K | 153.69K | 168.77K | -380.08K | 86.57K | 468.22K | 433K | 543.45K | 17.89K | 500.27K | 321.09K | -436.88K | 582.95K |
| Operating Margin % | -1.25% | 3.65% | 4.97% | -11.22% | 5.36% | 8.05% | 0.05% | 8.4% | 2.62% | 2.51% | -6.64% | 1.26% | 5.77% | 5.26% | 7.67% | 0.24% | 6.69% | 4.41% | -7.78% | 8.03% |
| Operating Income Growth % | -120.29% | -43.81% | 13179.68% | -209.67% | 124.47% | 202.19% | 100.65% | 498.72% | -67.17% | -61.02% | -169.94% | 383.82% | -6.41% | 34.85% | 224.39% | -96.93% | 212.27% | 115.82% | -18.55% | 129.12% |
| EBITDA | 145.34K | 491.71K | 534.59K | -370.25K | 541.02K | 730.32K | 241.01K | 752.95K | 413.68K | 425.41K | -171.96K | 292.21K | 578.6K | 682.9K | 745.35K | 278.41K | 592.84K | 503.99K | -269.33K | 742.66K |
| EBITDA Margin % | 2.59% | 6.26% | 8.05% | -7.31% | 8.41% | 11.52% | 4.69% | 12.2% | 7.04% | 6.32% | -3% | 4.26% | 7.13% | 8.3% | 10.52% | 3.78% | 7.93% | 6.93% | -4.8% | 10.23% |
| EBITDA Growth % | -73.14% | -32.67% | 121.81% | -149.17% | 30.78% | 71.67% | 240.15% | 157.67% | -28.5% | -37.71% | -123.07% | 4.95% | -2.4% | 35.5% | 376.74% | -62.51% | 93.97% | 70.3% | -29.85% | 140.54% |
| D&A (Non-Cash Add-back) | 215.34K | 205.13K | 204.59K | 198.16K | 196.02K | 220.32K | 238.53K | 234.63K | 259.98K | 256.64K | 208.12K | 205.64K | 110.38K | 249.9K | 201.9K | 260.52K | 92.57K | 182.89K | 167.54K | 159.71K |
| EBIT | -66.26K | 338.93K | 366.23K | -581.99K | 404.93K | 1.98M | 5.28K | 534.91K | 149.53K | 154.5K | -371.4K | 93K | 465.69K | 566.03K | 555.44K | 255.88K | 503.45K | 319.64K | -438.43K | 603.23K |
| Net Interest Income | -113.73K | -113.05K | -110.78K | -107.66K | -83.67K | -99.67K | -75.69K | -127.61K | -150.01K | -159.77K | -165.64K | -170.2K | -160.79K | -147.2K | -111.81K | -147.06K | -118.2K | -97.39K | -76.7K | -89.57K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 113.73K | 113.05K | 110.78K | 107.66K | 83.67K | 99.67K | 75.69K | 127.61K | 150.01K | 159.77K | 165.64K | 170.2K | 160.79K | 147.2K | 111.81K | 147.06K | 118.2K | 97.39K | 76.7K | 89.57K |
| Other Income/Expense | -109.99K | -60.7K | -74.57K | -121.24K | -23.74K | 1.37M | -72.89K | -111.02K | -154.18K | -174.04K | -156.95K | -163.77K | -163.32K | -15.58K | -99.82K | 90.93K | -115.03K | -98.85K | -78.26K | -69.29K |
| Pretax Income | -180K | 225.88K | 255.45K | -689.65K | 321.26K | 1.88M | -70.41K | 407.3K | -483 | -5.27K | -537.04K | -77.2K | 304.9K | 417.42K | 443.63K | 108.82K | 385.24K | 222.25K | -515.13K | 513.66K |
| Pretax Margin % | -3.21% | 2.88% | 3.85% | -13.62% | 4.99% | 29.6% | -1.37% | 6.6% | -0.01% | -0.08% | -9.38% | -1.13% | 3.76% | 5.08% | 6.26% | 1.48% | 5.15% | 3.05% | -9.18% | 7.07% |
| Income Tax | -40.27K | 52.41K | 59.01K | -44.13K | 67.15K | 393.81K | -14.65K | 75.11K | -2.71K | -613 | -112.78K | 80.94K | 64.03K | 87.66K | 93.33K | 17.43K | 81.24K | 46.89K | -108.64K | 106.33K |
| Effective Tax Rate % | 22.38% | 23.2% | 23.1% | 6.4% | 20.9% | 20.99% | 20.81% | 18.44% | 561.7% | 11.63% | 21% | -104.84% | 21% | 21% | 21.04% | 16.02% | 21.09% | 21.1% | 21.09% | 20.7% |
| Net Income | -139.72K | 173.48K | 196K | -645.42K | 254.11K | 1.48M | -55.76K | 831.93K | -26.2K | -33.34K | -465.04K | -307.88K | -74.03K | 306.66K | 342.21K | 91.39K | 237.78K | 175.35K | -406.49K | 407.32K |
| Net Margin % | -2.49% | 2.21% | 2.95% | -12.74% | 3.95% | 23.39% | -1.08% | 13.48% | -0.45% | -0.5% | -8.13% | -4.49% | -0.91% | 3.73% | 4.83% | 1.24% | 3.18% | 2.41% | -7.24% | 5.61% |
| Net Income Growth % | -154.98% | -88.29% | 451.53% | -177.58% | 1069.89% | 4545.11% | 88.01% | 370.22% | 64.61% | -110.87% | -235.89% | -436.87% | -131.13% | 74.88% | 184.19% | -77.56% | 321.17% | 173.6% | -28.95% | 192.37% |
| Net Income (Continuing) | -139.72K | 173.48K | 196.44K | -645.52K | 254.11K | 1.48M | -55.76K | 332.19K | 2.23K | -4.66K | -424.26K | -158.14K | 240.87K | 329.76K | 350.3K | 91.39K | 304.01K | 175.35K | -406.49K | 407.32K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 499.74K | -28.43K | -28.68K | -40.78K | -149.74K | -314.9K | -23.1K | -8.09K | 0 | -66.23K | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.03 | 0.03 | 0.04 | -0.13 | 0.05 | 0.29 | -0.01 | 0.03 | -0.01 | -0.01 | -0.09 | -0.06 | -0.01 | 0.06 | 0.07 | 0.02 | 0.05 | 0.04 | -0.09 | 0.09 |
| EPS Growth % | -160.24% | -88.52% | 446.36% | -543.69% | - | - | 88.12% | 147.72% | 64.86% | -110.78% | -234.59% | -431.89% | -129.25% | 61.48% | 177.3% | -79.42% | 406% | 279% | -26.42% | 191.27% |
| EPS (Basic) | -0.03 | 0.03 | 0.04 | -0.13 | 0.05 | 0.29 | -0.01 | 0.03 | -0.01 | -0.01 | -0.09 | -0.06 | -0.01 | 0.06 | 0.07 | 0.02 | 0.05 | 0.04 | -0.09 | 0.09 |
| Diluted Shares Outstanding | 5.2M | 5.19M | 5.14M | 5.09M | 5.11M | 5.09M | 5.05M | 5.05M | 5.07M | 5.07M | 5.02M | 5.01M | 5.01M | 5.01M | 4.98M | 4.95M | 4.7M | 4.63M | 4.57M | 4.53M |
| Basic Shares Outstanding | 5.2M | 5.19M | 5.14M | 5.09M | 5.11M | 5.09M | 5.05M | 5.05M | 5.07M | 5.07M | 5.02M | 5.01M | 5.01M | 5.01M | 4.98M | 4.95M | 4.7M | 4.48M | 4.52M | 4.53M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |