Cadeler A/S (CDLR) 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 | 124.73M | 166M | 154.25M | 233.06M | 65.47M | 85.95M | 80.57M | 63.16M | 19.06M | 17.43M | 23.41M | 48.87M | 18.91M | 31.69M | 31.69M | 21.52M | 21.52M | 14.32M | 14.32M | 16.14M |
| Revenue Growth % | 90.5% | 93.13% | 91.46% | 269.03% | 243.46% | 393.02% | 244.08% | 29.24% | 0.84% | -44.99% | -26.12% | 127.09% | -12.15% | 121.25% | 121.25% | 33.29% | 33.29% | 176.75% | 176.75% | 252.92% |
| Cost of Goods Sold | 97.96M | 77.2M | 58.59M | 55.68M | 44.56M | 36.75M | 33.1M | 30.42M | 26.98M | 14.94M | 15.82M | 13.07M | 12.15M | 13.46M | 13.46M | 11.71M | 11.71M | 9.98M | 9.98M | 9.53M |
| COGS % of Revenue | 78.54% | 46.51% | 37.99% | 23.89% | 68.05% | 42.76% | 41.08% | 48.17% | 141.53% | 85.68% | 67.57% | 26.75% | 64.27% | 42.47% | 42.47% | 54.41% | 54.41% | 69.65% | 69.65% | 59.06% |
| Gross Profit | 26.76M | 88.8M | 95.66M | 177.38M | 20.92M | 49.2M | 47.47M | 32.74M | -7.92M | 2.5M | 7.59M | 35.8M | 6.75M | 18.23M | 18.23M | 9.81M | 9.81M | 4.35M | 4.35M | 6.61M |
| Gross Margin % | 21.46% | 53.49% | 62.01% | 76.11% | 31.95% | 57.24% | 58.92% | 51.83% | -41.53% | 14.32% | 32.43% | 73.25% | 35.73% | 57.53% | 57.53% | 45.59% | 45.59% | 30.35% | 30.35% | 40.94% |
| Gross Profit Growth % | 27.95% | 80.48% | 101.52% | 441.87% | 364.22% | 1870.4% | 525.17% | -8.55% | -217.19% | -86.31% | -58.36% | 264.86% | -31.15% | 319.42% | 319.42% | 48.43% | 48.43% | 171.61% | 171.61% | 192.49% |
| Operating Expenses | 18.98M | 23.57M | 15.97M | 14.26M | 16.09M | 11.6M | 14.27M | 14.01M | 12.18M | 18.16M | 6.93M | 8.42M | 4.7M | 3.95M | 3.95M | 3.5M | 3.5M | 2.65M | 2.65M | 2.74M |
| OpEx % of Revenue | 15.21% | 14.2% | 10.36% | 6.12% | 24.57% | 13.49% | 17.71% | 22.18% | 63.88% | 104.14% | 29.6% | 17.22% | 24.83% | 12.45% | 12.45% | 16.29% | 16.29% | 18.52% | 18.52% | 16.96% |
| Selling, General & Admin | 19.91M | 0 | 17.63M | 16.98M | 16.22M | 9.76M | 14.87M | 14.13M | 12.8M | 8.88M | 5.69M | 5.83M | 4.7M | 3.44M | 3.44M | 3.5M | 3.5M | 2.44M | 2.44M | 2.74M |
| SG&A % of Revenue | 15.97% | - | 11.43% | 7.29% | 24.78% | 11.36% | 18.45% | 22.38% | 67.13% | 50.92% | 24.29% | 11.94% | 24.83% | 10.84% | 10.84% | 16.29% | 16.29% | 17.02% | 17.02% | 16.95% |
| 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 | -938K | 1000K | -1000K | -1000K | -136K | 1000K | -601K | -127K | -620K | 1000K | 1000K | 1000K | 0 | 510K | 510K | 0 | 0 | 215K | 215K | 500 |
| Operating Income | 7.79M | 65.22M | 79.68M | 163.12M | 4.83M | 37.6M | 33.2M | 18.73M | -20.09M | -15.66M | 662K | 27.38M | 2.06M | 14.29M | 14.29M | 6.31M | 6.31M | 1.69M | 1.69M | 3.87M |
| Operating Margin % | 6.24% | 39.29% | 51.66% | 69.99% | 7.38% | 43.75% | 41.21% | 29.66% | -105.4% | -89.81% | 2.83% | 56.03% | 10.9% | 45.09% | 45.09% | 29.31% | 29.31% | 11.83% | 11.83% | 23.99% |
| Operating Income Growth % | 61.2% | 73.46% | 139.98% | 770.92% | 124.04% | 340.15% | 4915.71% | -31.59% | -1075.39% | -209.58% | -95.37% | 334.14% | -67.34% | 743.26% | 743.26% | 62.85% | 62.85% | 119.22% | 119.22% | 142.36% |
| EBITDA | 46.91M | 98.78M | 108.79M | 189.13M | 23.37M | 60.69M | 42.72M | 32.04M | -10.32M | -6.38M | 2.09M | 33.38M | 7.86M | 20M | 20M | 11.46M | 11.46M | 5.96M | 5.96M | 7.69M |
| EBITDA Margin % | 37.61% | 59.51% | 70.53% | 81.15% | 35.7% | 70.61% | 53.03% | 50.73% | -54.14% | -36.61% | 8.92% | 68.31% | 41.56% | 63.09% | 63.09% | 53.26% | 53.26% | 41.62% | 41.62% | 47.63% |
| EBITDA Growth % | 100.73% | 62.76% | 154.64% | 490.31% | 326.44% | 1050.94% | 1945.09% | -4.03% | -231.36% | -131.92% | -89.55% | 191.26% | -31.45% | 235.35% | 235.35% | 49.04% | 49.04% | 186.87% | 186.87% | 184.29% |
| D&A (Non-Cash Add-back) | 39.13M | 33.55M | 29.11M | 26M | 18.54M | 23.09M | 9.52M | 13.31M | 9.77M | 9.28M | 1.43M | 6M | 5.8M | 5.71M | 5.71M | 5.16M | 5.16M | 4.27M | 4.27M | 3.82M |
| EBIT | 17.32M | 65.22M | 79.35M | 163.12M | 4.83M | 37.6M | 33.2M | 18.73M | -20.09M | -6.78M | 1.91M | 29.96M | 2.06M | 14.29M | 14.29M | 6.31M | 6.31M | 1.69M | 1.69M | 3.87M |
| Net Interest Income | -14.64M | -19.98M | -12.55M | 4.48M | -1.8M | 1.83M | -5.05M | 3.31M | -681K | -1.54M | -52K | 262K | -112K | 762.5K | 762.5K | -2.72M | -1.41M | 848.93K | -308.5K | -2.82M |
| Interest Income | 9.53M | 3.06M | 0 | 4.48M | 270K | 167K | -1.74M | 4.46M | 406K | 706K | 285K | 426K | 15K | 762.5K | 762.5K | 514.26K | 0 | 848.93K | 0 | 956.96K |
| Interest Expense | 24.17M | 23.03M | 12.55M | 0 | 2.07M | -1.66M | 3.31M | 1.14M | 1.09M | 2.25M | 337K | 164K | 127K | 0 | 0 | 3.23M | 1.41M | 0 | 308.5K | 3.77M |
| Other Income/Expense | -14.64M | -15.75M | -12.88M | 4.97M | -1.8M | 447K | -5.05M | 3.31M | -681K | -3.04M | -52K | 262K | -112K | -1.42M | -1.42M | -1.41M | -1.41M | -436K | -436K | -1.41M |
| Pretax Income | -6.85M | 49.47M | 66.8M | 168.1M | 3.03M | 38.05M | 28.16M | 22.04M | -20.77M | -18.7M | 610K | 27.64M | 1.95M | 12.87M | 12.87M | 4.9M | 4.9M | 1.26M | 1.26M | 2.46M |
| Pretax Margin % | -5.49% | 29.8% | 43.31% | 72.13% | 4.63% | 44.27% | 34.95% | 34.9% | -108.98% | -107.27% | 2.61% | 56.56% | 10.3% | 40.61% | 40.61% | 22.78% | 22.78% | 8.79% | 8.79% | 15.24% |
| Income Tax | 197K | 2.08M | 2.18M | 2.16M | 1.23M | 797K | 494K | 1.1M | 19K | 0 | 0 | 0 | 0 | -12.5K | -12.5K | 12.5K | 12.5K | -4K | -4K | -2.5K |
| Effective Tax Rate % | -2.88% | 4.21% | 3.27% | 1.29% | 40.64% | 2.09% | 1.75% | 4.98% | -0.09% | 0% | 0% | 0% | 0% | -0.1% | -0.1% | 0.26% | 0.26% | -0.32% | -0.32% | -0.1% |
| Net Income | -7.05M | 47.39M | 64.61M | 165.94M | 1.8M | 37.25M | 27.66M | 20.95M | -20.79M | -18.7M | 610K | 27.64M | 1.95M | 12.88M | 12.88M | 4.89M | 4.89M | 1.26M | 1.26M | 2.46M |
| Net Margin % | -5.65% | 28.55% | 41.89% | 71.2% | 2.75% | 43.34% | 34.34% | 33.17% | -109.08% | -107.27% | 2.61% | 56.56% | 10.3% | 40.64% | 40.64% | 22.72% | 22.72% | 8.81% | 8.81% | 15.26% |
| Net Income Growth % | -492.05% | 27.2% | 133.58% | 692.2% | 108.65% | 299.2% | 4434.92% | -24.22% | -1167.4% | -245.18% | -95.26% | 465.37% | -60.16% | 920.32% | 920.32% | 98.5% | 98.5% | 137.26% | 137.26% | 124.32% |
| Net Income (Continuing) | -7.05M | 47.39M | 64.61M | 165.94M | 1.8M | 37.25M | 27.66M | 20.95M | -20.79M | -18.7M | 610K | 27.64M | 1.95M | 12.88M | 12.88M | 4.89M | 4.89M | 1.26M | 1.26M | 2.46M |
| 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) | -0.08 | 0.52 | 0.68 | 1.84 | 0.02 | 0.44 | 0.31 | 0.24 | -0.24 | -0.35 | 0.01 | 0.59 | 0.04 | 0.57 | 0.07 | 0.28 | 0.03 | 0.07 | 0.01 | 0.16 |
| EPS Growth % | -500% | 18.18% | 119.35% | 666.67% | 108.33% | 225.71% | 2400% | -59.32% | -700% | -161.4% | -82.58% | 110.71% | 20.48% | 664.08% | - | 75% | 66% | 132.43% | 113.86% | 107.77% |
| EPS (Basic) | -0.08 | 0.52 | 0.72 | 1.84 | 0.02 | 0.44 | 0.31 | 0.24 | -0.24 | -0.35 | 0.01 | 0.59 | 0.04 | 0.57 | 0.07 | 0.28 | 0.03 | 0.07 | 0.01 | 0.16 |
| Diluted Shares Outstanding | 88.11M | 87.72M | 93.2M | 87.97M | 87.72M | 87.72M | 87.74M | 87.74M | 86.64M | 50.25M | 49.4M | 49.57M | 48.7M | 42.85M | 180.88M | 36.73M | 146.91M | 34.64M | 138.78M | 30.98M |
| Basic Shares Outstanding | 88.11M | 87.72M | 87.62M | 87.62M | 87.72M | 87.72M | 87.74M | 87.74M | 86.64M | 50.25M | 49.3M | 49.4M | 48.7M | 42.6M | 180.81M | 36.73M | 146.91M | 34.64M | 138.78M | 30.89M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |