Benchmark Electronics, Inc. (BHE) quarterly income statement — complete revenue, gross profit & net income history
| Metric | 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 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 677.28M | 704.33M | 680.68M | 642.34M | 631.76M | 656.89M | 657.75M | 665.9M | 675.58M | 691.35M | 719.7M | 733.23M | 694.7M | 750.64M | 771.58M | 728.03M | 636.08M | 633.05M | 571.88M | 544.66M |
| Revenue Growth % | 7.2% | 7.22% | 3.49% | -3.54% | -6.49% | -4.99% | -8.61% | -9.18% | -2.75% | -7.9% | -6.72% | 0.71% | 9.21% | 18.57% | 34.92% | 33.67% | 25.78% | 21.45% | 8.73% | 10.94% |
| Cost of Goods Sold | 607.95M | 631.07M | 613.34M | 579.07M | 570.79M | 588.96M | 591.01M | 597.95M | 608.17M | 620.35M | 650.62M | 666.2M | 630.74M | 678.52M | 704.83M | 669.27M | 578.48M | 571M | 518.18M | 496.75M |
| COGS % of Revenue | 89.76% | 89.6% | 90.11% | 90.15% | 90.35% | 89.66% | 89.85% | 89.8% | 90.02% | 89.73% | 90.4% | 90.86% | 90.79% | 90.39% | 91.35% | 91.93% | 90.94% | 90.2% | 90.61% | 91.2% |
| Gross Profit | 69.33M | 73.27M | 67.34M | 63.27M | 60.98M | 67.92M | 66.74M | 67.95M | 67.41M | 71M | 69.08M | 67.03M | 63.96M | 72.13M | 66.75M | 58.76M | 57.6M | 62.06M | 53.7M | 47.91M |
| Gross Margin % | 10.24% | 10.4% | 9.89% | 9.85% | 9.65% | 10.34% | 10.15% | 10.2% | 9.98% | 10.27% | 9.6% | 9.14% | 9.21% | 9.61% | 8.65% | 8.07% | 9.06% | 9.8% | 9.39% | 8.8% |
| Gross Profit Growth % | 13.7% | 7.86% | 0.89% | -6.89% | -9.54% | -4.34% | -3.38% | 1.37% | 5.39% | -1.56% | 3.49% | 14.08% | 11.03% | 16.23% | 24.29% | 22.63% | 36.41% | 22.49% | 15.86% | 38.19% |
| Operating Expenses | 42.41M | 37.59M | 41.52M | 40.57M | 38.8M | 39.4M | 38.64M | 40.7M | 41.88M | 38.9M | 38.74M | 42.55M | 41.22M | 45.18M | 41.47M | 36.32M | 42.2M | 43.42M | 41.91M | 37.21M |
| OpEx % of Revenue | 6.26% | 5.34% | 6.1% | 6.32% | 6.14% | 6% | 5.87% | 6.11% | 6.2% | 5.63% | 5.38% | 5.8% | 5.93% | 6.02% | 5.37% | 4.99% | 6.63% | 6.86% | 7.33% | 6.83% |
| Selling, General & Admin | 42.41M | 37.59M | 41.52M | 40.57M | 38.8M | 37.47M | 36.64M | 38.02M | 37.33M | 35.65M | 35.51M | 37.67M | 38.2M | 39.54M | 38.54M | 35.84M | 36.29M | 37.73M | 34.39M | 34.03M |
| SG&A % of Revenue | 6.26% | 5.34% | 6.1% | 6.32% | 6.14% | 5.7% | 5.57% | 5.71% | 5.53% | 5.16% | 4.93% | 5.14% | 5.5% | 5.27% | 5% | 4.92% | 5.71% | 5.96% | 6.01% | 6.25% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 482K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 26.92M | 35.67M | 25.82M | 22.7M | 22.18M | 28.52M | 28.11M | 27.25M | 25.53M | 32.1M | 30.34M | 24.48M | 22.74M | 26.95M | 25.28M | 22.43M | 15.41M | 18.64M | 11.79M | 10.7M |
| Operating Margin % | 3.97% | 5.06% | 3.79% | 3.53% | 3.51% | 4.34% | 4.27% | 4.09% | 3.78% | 4.64% | 4.22% | 3.34% | 3.27% | 3.59% | 3.28% | 3.08% | 2.42% | 2.94% | 2.06% | 1.96% |
| Operating Income Growth % | 21.4% | 25.05% | -8.14% | -16.71% | -13.13% | -11.14% | -7.37% | 11.32% | 12.25% | 19.13% | 20% | 9.13% | 47.61% | 44.6% | 114.38% | 109.66% | 29.1% | 57.16% | 36.21% | 671.53% |
| EBITDA | 38.68M | 46.41M | 37.52M | 34.36M | 33.81M | 40.09M | 39.66M | 38.69M | 37.12M | 43.41M | 41.9M | 35.93M | 33.84M | 38.21M | 36.41M | 33.4M | 26.3M | 29.82M | 22.76M | 21.64M |
| EBITDA Margin % | 5.71% | 6.59% | 5.51% | 5.35% | 5.35% | 6.1% | 6.03% | 5.81% | 5.5% | 6.28% | 5.82% | 4.9% | 4.87% | 5.09% | 4.72% | 4.59% | 4.14% | 4.71% | 3.98% | 3.97% |
| EBITDA Growth % | 14.4% | 15.76% | -5.39% | -11.17% | -8.91% | -7.64% | -5.34% | 7.67% | 9.7% | 13.6% | 15.07% | 7.58% | 28.66% | 28.12% | 59.95% | 54.34% | 14.42% | 25.79% | 8.05% | 106.73% |
| D&A (Non-Cash Add-back) | 11.76M | 10.74M | 11.7M | 11.66M | 11.64M | 11.57M | 11.55M | 11.43M | 11.59M | 11.31M | 11.55M | 11.45M | 11.1M | 11.27M | 11.13M | 10.96M | 10.9M | 11.19M | 10.97M | 10.94M |
| EBIT | 26.92M | 35.67M | 25.82M | 22.7M | 22.18M | 30.05M | 26.96M | 27.46M | 26.34M | 31.03M | 34.07M | 26.16M | 21.84M | 31.69M | 26.82M | 23.48M | 15.24M | 18.34M | 12.42M | 11.3M |
| Net Interest Income | -1.75M | -2.37M | -2.46M | -3.21M | -2.56M | -3.3M | -3.76M | -4.41M | -5.25M | -6.66M | -7.13M | -6.64M | -5.19M | -4.58M | -3.04M | -1.92M | -1.62M | -2.17M | -1.86M | -1.92M |
| Interest Income | 1.9M | 1.73M | 1.96M | 3.13M | 2.73M | 2.88M | 2.81M | 2.53M | 1.99M | 2.03M | 1.34M | 1.62M | 1.26M | 887K | 452K | 261K | 130K | 89K | 122K | 164K |
| Interest Expense | 3.65M | 4.1M | 4.42M | 6.35M | 5.29M | 6.17M | 6.57M | 6.93M | 7.25M | 8.69M | 8.47M | 8.26M | 6.45M | 5.47M | 3.49M | 2.19M | 1.75M | 2.26M | 1.99M | 2.08M |
| Other Income/Expense | -8.5M | -19.73M | -5.23M | -6.09M | -13.78M | -4.65M | -7.71M | -6.73M | -6.43M | -9.76M | -4.75M | -6.58M | -7.36M | -719K | -1.95M | -1.14M | -1.91M | -2.56M | -1.36M | -1.48M |
| Pretax Income | 18.42M | 15.94M | 20.59M | 16.61M | 8.39M | 23.88M | 20.39M | 20.52M | 19.1M | 22.34M | 25.59M | 17.91M | 15.38M | 26.23M | 23.33M | 21.29M | 13.49M | 16.08M | 10.43M | 9.22M |
| Pretax Margin % | 2.72% | 2.26% | 3.02% | 2.59% | 1.33% | 3.64% | 3.1% | 3.08% | 2.83% | 3.23% | 3.56% | 2.44% | 2.21% | 3.49% | 3.02% | 2.92% | 2.12% | 2.54% | 1.82% | 1.69% |
| Income Tax | 5.4M | 9.97M | 6.33M | 15.63M | 4.75M | 5.46M | 5.02M | 5M | 5.1M | 4.78M | 5.18M | 3.92M | 3.02M | 5.01M | 4.5M | 4.07M | 2.53M | 3.66M | 2.36M | 1.85M |
| Effective Tax Rate % | 29.31% | 62.54% | 30.73% | 94.15% | 56.59% | 22.85% | 24.62% | 24.34% | 26.69% | 21.42% | 20.24% | 21.86% | 19.66% | 19.09% | 19.29% | 19.12% | 18.77% | 22.77% | 22.67% | 20.11% |
| Net Income | 13.02M | 5.97M | 14.26M | 972K | 3.64M | 18.42M | 15.37M | 15.53M | 14M | 17.55M | 20.41M | 13.99M | 12.36M | 21.22M | 18.83M | 17.22M | 10.96M | 12.42M | 8.06M | 7.37M |
| Net Margin % | 1.92% | 0.85% | 2.1% | 0.15% | 0.58% | 2.8% | 2.34% | 2.33% | 2.07% | 2.54% | 2.84% | 1.91% | 1.78% | 2.83% | 2.44% | 2.37% | 1.72% | 1.96% | 1.41% | 1.35% |
| Net Income Growth % | 257.38% | -67.58% | -7.23% | -93.74% | -73.98% | 4.96% | -24.68% | 10.99% | 13.28% | -17.28% | 8.41% | -18.76% | 12.77% | 70.86% | 133.47% | 133.7% | 38.44% | 61.39% | 36.35% | 316.29% |
| Net Income (Continuing) | 13.02M | 5.97M | 14.26M | 972K | 3.64M | 18.42M | 15.37M | 15.53M | 14M | 17.55M | 20.41M | 13.99M | 12.36M | 21.22M | 18.83M | 17.22M | 10.96M | 12.42M | 8.06M | 7.37M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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) | 0.36 | 0.17 | 0.39 | 0.03 | 0.10 | 0.50 | 0.42 | 0.43 | 0.38 | 0.49 | 0.57 | 0.39 | 0.35 | 0.60 | 0.53 | 0.49 | 0.31 | 0.35 | 0.23 | 0.20 |
| EPS Growth % | 261.45% | -66% | -7.14% | -93.77% | -73.79% | 2.04% | -26.32% | 10.26% | 8.57% | -18.33% | 7.55% | -20.41% | 12.9% | 71.43% | 130.43% | 145% | 40.91% | 66.67% | 43.75% | 322.22% |
| EPS (Basic) | 0.36 | 0.17 | 0.40 | 0.03 | 0.10 | 0.51 | 0.43 | 0.43 | 0.39 | 0.49 | 0.57 | 0.39 | 0.35 | 0.60 | 0.54 | 0.49 | 0.31 | 0.35 | 0.23 | 0.21 |
| Diluted Shares Outstanding | 36.28M | 36.19M | 36.18M | 36.26M | 36.6M | 36.66M | 36.63M | 36.5M | 36.4M | 35.96M | 35.88M | 35.68M | 35.59M | 35.63M | 35.35M | 35.34M | 35.47M | 35.41M | 35.67M | 36.06M |
| Basic Shares Outstanding | 35.77M | 35.68M | 35.8M | 35.99M | 36.05M | 35.97M | 36.05M | 36.05M | 35.81M | 35.66M | 35.65M | 35.62M | 35.34M | 35.17M | 35.15M | 35.16M | 35.24M | 35.21M | 35.42M | 35.75M |
| Dividend Payout Ratio | - | 307.38% | 42.8% | 631.28% | 167.92% | 33.21% | 38.75% | 38.3% | 42.06% | 33.53% | 28.78% | 42.1% | 46.97% | 27.06% | 30.73% | 33.81% | 52.97% | 46.8% | 72.8% | 78.33% |