Curtiss-Wright Corporation (CW) 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 | 913.69M | 946.98M | 869.17M | 876.58M | 805.64M | 824.31M | 798.92M | 784.79M | 713.17M | 785.79M | 724.33M | 704.4M | 630.86M | 757.66M | 630.54M | 609.36M | 559.46M | 666.76M | 620.62M | 621.5M |
| Revenue Growth % | 13.41% | 14.88% | 8.79% | 11.7% | 12.97% | 4.9% | 10.3% | 11.41% | 13.05% | 3.71% | 14.87% | 15.6% | 12.76% | 13.63% | 1.6% | -1.95% | -6.3% | -0.25% | 8.57% | 12.99% |
| Cost of Goods Sold | 582.2M | 591.54M | 541.7M | 550.42M | 513.18M | 506.88M | 500.65M | 500.69M | 459.41M | 481.06M | 442.86M | 444.82M | 409.45M | 465.18M | 398.33M | 380.84M | 358.06M | 404.89M | 383.61M | 396.78M |
| COGS % of Revenue | 63.72% | 62.47% | 62.32% | 62.79% | 63.7% | 61.49% | 62.67% | 63.8% | 64.42% | 61.22% | 61.14% | 63.15% | 64.9% | 61.4% | 63.17% | 62.5% | 64% | 60.72% | 61.81% | 63.84% |
| Gross Profit | 331.48M | 355.44M | 327.47M | 326.16M | 292.46M | 317.43M | 298.26M | 284.1M | 253.75M | 304.73M | 281.47M | 259.57M | 221.41M | 292.48M | 232.21M | 228.51M | 201.4M | 261.87M | 237.01M | 224.72M |
| Gross Margin % | 36.28% | 37.53% | 37.68% | 37.21% | 36.3% | 38.51% | 37.33% | 36.2% | 35.58% | 38.78% | 38.86% | 36.85% | 35.1% | 38.6% | 36.83% | 37.5% | 36% | 39.28% | 38.19% | 36.16% |
| Gross Profit Growth % | 13.34% | 11.98% | 9.79% | 14.8% | 15.25% | 4.17% | 5.97% | 9.45% | 14.61% | 4.19% | 21.21% | 13.59% | 9.93% | 11.69% | -2.02% | 1.69% | -3.98% | 8.3% | 11.36% | 20.8% |
| Operating Expenses | 171.06M | 171.98M | 160.41M | 169.85M | 163.26M | 162.59M | 153.36M | 155.2M | 153.79M | 144.04M | 148.95M | 146.8M | 142.79M | 135.24M | 124.63M | 130.41M | 140.89M | 156.51M | 139.34M | 130.14M |
| OpEx % of Revenue | 18.72% | 18.16% | 18.46% | 19.38% | 20.26% | 19.72% | 19.2% | 19.78% | 21.56% | 18.33% | 20.56% | 20.84% | 22.63% | 17.85% | 19.76% | 21.4% | 25.18% | 23.47% | 22.45% | 20.94% |
| Selling, General & Admin | 146.88M | 146.55M | 137.01M | 145.84M | 138.95M | 128.56M | 129.35M | 130.13M | 130.81M | 123.97M | 125.48M | 126.59M | 120.77M | 116.21M | 107.24M | 106.54M | 115.69M | 124.26M | 109.06M | 106.94M |
| SG&A % of Revenue | 16.08% | 15.48% | 15.76% | 16.64% | 17.25% | 15.6% | 16.19% | 16.58% | 18.34% | 15.78% | 17.32% | 17.97% | 19.14% | 15.34% | 17.01% | 17.48% | 20.68% | 18.64% | 17.57% | 17.21% |
| Research & Development | 24.18M | 25.43M | 23.41M | 23.31M | 23.02M | 25.78M | 20.73M | 22.15M | 22.98M | 20.07M | 23.46M | 20.21M | 22.02M | 19.03M | 17.39M | 23.87M | 20.55M | 21.81M | 21.62M | 23.19M |
| R&D % of Revenue | 2.65% | 2.69% | 2.69% | 2.66% | 2.86% | 3.13% | 2.6% | 2.82% | 3.22% | 2.55% | 3.24% | 2.87% | 3.49% | 2.51% | 2.76% | 3.92% | 3.67% | 3.27% | 3.48% | 3.73% |
| Other Operating Expenses | 0 | 0 | 0 | 707K | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 1000K | 1000K | 0 |
| Operating Income | 160.42M | 183.47M | 166.25M | 156.31M | 129.21M | 154.84M | 144.9M | 128.9M | 99.96M | 160.69M | 132.52M | 112.78M | 78.61M | 157.25M | 107.58M | 98.11M | 60.51M | 105.36M | 97.67M | 94.58M |
| Operating Margin % | 17.56% | 19.37% | 19.13% | 17.83% | 16.04% | 18.78% | 18.14% | 16.42% | 14.02% | 20.45% | 18.3% | 16.01% | 12.46% | 20.75% | 17.06% | 16.1% | 10.82% | 15.8% | 15.74% | 15.22% |
| Operating Income Growth % | 24.16% | 18.49% | 14.73% | 21.27% | 29.26% | -3.64% | 9.35% | 14.3% | 27.15% | 2.19% | 23.18% | 14.95% | 29.92% | 49.24% | 10.15% | 3.72% | -28.87% | 37.77% | 15.48% | 70.88% |
| EBITDA | 160.42M | 183.47M | 197.44M | 187.61M | 160.03M | 181.66M | 171.6M | 156.06M | 126.94M | 190.03M | 161.38M | 141.82M | 107.54M | 185.75M | 137.46M | 124.39M | 87.87M | 133.51M | 126.29M | 123.6M |
| EBITDA Margin % | 17.56% | 19.37% | 22.72% | 21.4% | 19.86% | 22.04% | 21.48% | 19.89% | 17.8% | 24.18% | 22.28% | 20.13% | 17.05% | 24.52% | 21.8% | 20.41% | 15.71% | 20.02% | 20.35% | 19.89% |
| EBITDA Growth % | 0.25% | 0.99% | 15.06% | 20.22% | 26.06% | -4.4% | 6.33% | 10.04% | 18.04% | 2.3% | 17.4% | 14.02% | 22.38% | 39.13% | 8.84% | 0.63% | -22.69% | 24.06% | 11.99% | 47.54% |
| D&A (Non-Cash Add-back) | 0 | 0 | 31.19M | 31.31M | 30.82M | 26.82M | 26.69M | 27.17M | 26.98M | 29.34M | 28.86M | 29.05M | 28.93M | 28.51M | 29.88M | 26.28M | 27.36M | 28.14M | 28.62M | 29.02M |
| EBIT | 160.42M | 183.47M | 171.64M | 167.29M | 135.24M | 164.87M | 155.03M | 137.46M | 109.57M | 167.81M | 139.54M | 120.73M | 86.38M | 158.68M | 111.33M | 102.66M | 63.51M | 108.52M | 101.3M | 95.02M |
| Net Interest Income | -9.94M | -12M | -10.48M | -10.52M | -10.14M | -11.68M | -11.41M | -11.22M | -10.57M | -10.96M | -12.5M | -14.99M | -12.94M | -13.66M | -14M | -9.79M | -9.53M | -10.15M | -9.96M | -10.18M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 9.94M | 12M | 10.48M | 10.52M | 10.14M | 11.68M | 11.41M | 11.22M | 10.57M | 10.96M | 12.5M | 14.99M | 12.94M | 13.66M | 14M | 9.79M | 9.53M | 10.15M | 9.96M | 10.18M |
| Other Income/Expense | -2.65M | -6.46M | -5.1M | 458K | -4.11M | -1.64M | -1.28M | -2.66M | -962K | -3.84M | -5.47M | -7.04M | -5.18M | -12.23M | -10.25M | -5.23M | -6.53M | -6.99M | -6.33M | -9.74M |
| Pretax Income | 157.76M | 177M | 161.15M | 156.76M | 125.09M | 153.19M | 143.62M | 126.24M | 99M | 156.85M | 127.05M | 105.74M | 73.44M | 145.01M | 97.33M | 92.87M | 53.98M | 98.38M | 91.34M | 84.84M |
| Pretax Margin % | 17.27% | 18.69% | 18.54% | 17.88% | 15.53% | 18.58% | 17.98% | 16.09% | 13.88% | 19.96% | 17.54% | 15.01% | 11.64% | 19.14% | 15.44% | 15.24% | 9.65% | 14.75% | 14.72% | 13.65% |
| Income Tax | 29.58M | 40M | 36.32M | 35.7M | 23.75M | 35.34M | 32.46M | 26.77M | 22.5M | 36.96M | 30.27M | 24.74M | 16.59M | 35.99M | 23.56M | 22M | 13.29M | 21.8M | 21.64M | 23.43M |
| Effective Tax Rate % | 18.75% | 22.6% | 22.54% | 22.78% | 18.99% | 23.07% | 22.6% | 21.21% | 22.73% | 23.57% | 23.82% | 23.4% | 22.59% | 24.82% | 24.21% | 23.69% | 24.63% | 22.16% | 23.69% | 27.62% |
| Net Income | 128.19M | 137M | 124.83M | 121.06M | 101.34M | 117.85M | 111.16M | 99.47M | 76.5M | 119.89M | 96.78M | 81M | 56.85M | 109.02M | 73.77M | 70.87M | 40.69M | 76.58M | 69.7M | 61.41M |
| Net Margin % | 14.03% | 14.47% | 14.36% | 13.81% | 12.58% | 14.3% | 13.91% | 12.67% | 10.73% | 15.26% | 13.36% | 11.5% | 9.01% | 14.39% | 11.7% | 11.63% | 7.27% | 11.49% | 11.23% | 9.88% |
| Net Income Growth % | 26.49% | 16.25% | 12.3% | 21.7% | 32.48% | -1.7% | 14.86% | 22.81% | 34.57% | 9.96% | 31.19% | 14.29% | 39.72% | 42.37% | 5.83% | 15.41% | -31.59% | 41.83% | 7.87% | 97.98% |
| Net Income (Continuing) | 128.19M | 137M | 124.83M | 121.06M | 101.34M | 117.85M | 111.16M | 99.47M | 76.5M | 119.89M | 96.78M | 81M | 56.85M | 109.02M | 73.77M | 70.87M | 40.69M | 76.58M | 69.7M | 61.41M |
| 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) | 3.46 | 3.69 | 3.32 | 3.19 | 2.68 | 3.09 | 2.89 | 2.58 | 1.99 | 3.11 | 2.51 | 2.10 | 1.48 | 2.82 | 1.91 | 1.83 | 1.05 | 1.94 | 1.70 | 1.49 |
| EPS Growth % | 29.1% | 19.42% | 14.88% | 23.64% | 34.67% | -0.64% | 15.14% | 22.86% | 34.46% | 10.28% | 31.41% | 14.75% | 40.95% | 45.36% | 12.35% | 22.82% | -27.59% | 49.23% | 9.68% | 101.35% |
| EPS (Basic) | 3.47 | 3.71 | 3.34 | 3.21 | 2.69 | 3.11 | 2.91 | 2.60 | 2.00 | 3.14 | 2.53 | 2.11 | 1.48 | 2.85 | 1.92 | 1.84 | 1.06 | 1.95 | 1.71 | 1.50 |
| Diluted Shares Outstanding | 37.06M | 37.17M | 37.79M | 37.87M | 37.85M | 38.37M | 38.45M | 38.5M | 38.43M | 38.51M | 38.56M | 38.55M | 38.52M | 38.63M | 38.65M | 38.65M | 38.67M | 39.52M | 40.95M | 41.09M |
| Basic Shares Outstanding | 36.9M | 36.93M | 37.58M | 37.68M | 37.68M | 38.15M | 38.21M | 38.3M | 38.25M | 38.23M | 38.28M | 38.33M | 38.3M | 38.3M | 38.37M | 38.43M | 38.46M | 39.07M | 40.77M | 40.91M |
| Dividend Payout Ratio | - | 12.96% | 7.24% | 6.29% | 0.3% | 13.53% | 7.23% | 7.71% | - | 12.76% | 7.92% | 9% | - | 13.35% | - | 20.06% | - | 18.73% | 10.56% | 11.34% |