ESAB Corporation (ESAB) 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 |
|---|
| Sales/Revenue | 745.6M | 720.99M | 727.85M | 715.59M | 678.14M | 670.76M | 673.25M | 707.05M | 689.74M | 689.35M | 681M | 720.42M | 684M | 664.13M | 620.26M | 661.18M | 647.91M |
| Revenue Growth % | 9.95% | 7.49% | 8.11% | 1.21% | -1.68% | -2.7% | -1.14% | -1.86% | 0.84% | 3.8% | 9.79% | 8.96% | 5.57% | - | - | - | - |
| Cost of Goods Sold | 470.49M | 501.29M | 458.55M | 449.54M | 422.94M | 412.43M | 419.46M | 436.74M | 434.72M | 434.62M | 431.28M | 456.5M | 436.61M | 439.74M | 410.93M | 433.7M | 423.58M |
| COGS % of Revenue | 63.1% | 69.53% | 63% | 62.82% | 62.37% | 61.49% | 62.3% | 61.77% | 63.03% | 63.05% | 63.33% | 63.37% | 63.83% | 66.21% | 66.25% | 65.6% | 65.38% |
| Gross Profit | 275.11M | 219.69M | 269.3M | 266.05M | 255.2M | 258.32M | 253.79M | 270.31M | 255.03M | 254.72M | 249.71M | 263.92M | 247.39M | 224.39M | 209.34M | 227.47M | 224.33M |
| Gross Margin % | 36.9% | 30.47% | 37% | 37.18% | 37.63% | 38.51% | 37.7% | 38.23% | 36.97% | 36.95% | 36.67% | 36.63% | 36.17% | 33.79% | 33.75% | 34.4% | 34.62% |
| Gross Profit Growth % | 7.8% | -14.95% | 6.11% | -1.58% | 0.07% | 1.41% | 1.63% | 2.42% | 3.09% | 13.52% | 19.29% | 16.02% | 10.28% | - | - | - | - |
| Operating Expenses | 174.47M | 53.45M | 162.68M | 156.95M | 145.36M | 146.9M | 147.78M | 150.96M | 144.37M | 151.01M | 148.57M | 155.28M | 156.73M | 145.81M | 128.34M | 141.59M | 140.72M |
| OpEx % of Revenue | 23.4% | 7.41% | 22.35% | 21.93% | 21.43% | 21.9% | 21.95% | 21.35% | 20.93% | 21.91% | 21.82% | 21.55% | 22.91% | 21.96% | 20.69% | 21.42% | 21.72% |
| Selling, General & Admin | 174.47M | 163.76M | 158.34M | 155.56M | 130.76M | 91.91M | 136.7M | 136.49M | 132.35M | 82.85M | 136.44M | 140.62M | 137.68M | 85.62M | 111.83M | 123.89M | 122.28M |
| SG&A % of Revenue | 23.4% | 22.71% | 21.75% | 21.74% | 19.28% | 13.7% | 20.3% | 19.3% | 19.19% | 12.02% | 20.04% | 19.52% | 20.13% | 12.89% | 18.03% | 18.74% | 18.87% |
| Research & Development | 12.5M | 10.1M | 0 | 0 | 10.1M | 10.2M | 9.2M | 9.7M | 10.1M | 10.7M | 9M | 9.5M | 9.6M | 8.9M | 8M | 9.6M | 9.5M |
| R&D % of Revenue | 1.68% | 1.4% | - | - | 1.49% | 1.52% | 1.37% | 1.37% | 1.46% | 1.55% | 1.32% | 1.32% | 1.4% | 1.34% | 1.29% | 1.45% | 1.47% |
| Other Operating Expenses | -1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 100.64M | 166.24M | 106.62M | 109.09M | 109.84M | 111.43M | 106.02M | 119.36M | 110.65M | 103.72M | 101.15M | 108.64M | 90.66M | 78.58M | 80.99M | 85.88M | 83.61M |
| Operating Margin % | 13.5% | 23.06% | 14.65% | 15.25% | 16.2% | 16.61% | 15.75% | 16.88% | 16.04% | 15.05% | 14.85% | 15.08% | 13.25% | 11.83% | 13.06% | 12.99% | 12.91% |
| Operating Income Growth % | -8.38% | 49.2% | 0.57% | -8.6% | -0.73% | 7.43% | 4.81% | 9.86% | 22.05% | 31.99% | 24.88% | 26.5% | 8.43% | - | - | - | - |
| EBITDA | 136.56M | 191.51M | 128.5M | 128.45M | 127.34M | 128M | 123.11M | 135.9M | 127.04M | 116.33M | 118.67M | 126.33M | 112.53M | 94.98M | 96.62M | 102.26M | 100.3M |
| EBITDA Margin % | 18.32% | 26.56% | 17.66% | 17.95% | 18.78% | 19.08% | 18.29% | 19.22% | 18.42% | 16.88% | 17.43% | 17.54% | 16.45% | 14.3% | 15.58% | 15.47% | 15.48% |
| EBITDA Growth % | 7.24% | 49.62% | 4.38% | -5.48% | 0.23% | 10.03% | 3.74% | 7.57% | 12.89% | 22.48% | 22.83% | 23.54% | 12.19% | - | - | - | - |
| D&A (Non-Cash Add-back) | 35.92M | 25.27M | 21.89M | 19.36M | 17.49M | 16.57M | 17.1M | 16.54M | 16.39M | 12.61M | 17.53M | 17.69M | 21.87M | 16.4M | 15.63M | 16.38M | 16.69M |
| EBIT | 100.64M | 82M | 106.62M | 110.48M | 114.34M | 120.22M | 107.89M | 124.13M | 112.58M | 121.47M | 104.28M | 113.81M | 100.11M | 94.27M | 89.5M | 93.99M | 92.55M |
| Net Interest Income | -25.58M | -17.94M | -23.58M | -21M | -16.78M | -14.96M | -16.89M | -15.94M | -17.09M | -26.24M | -20.5M | -18.82M | -19.51M | -17.8M | -12.16M | -7.91M | -77K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.18M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 25.58M | 17.94M | 23.58M | 21M | 16.78M | 14.96M | 16.89M | 15.94M | 17.09M | 31.43M | 20.5M | 18.82M | 19.51M | 17.8M | 12.16M | 7.91M | 77K |
| Other Income/Expense | -35.74M | -102.18M | -23.58M | -21M | -16.78M | -14.96M | -16.89M | -15.94M | -29.25M | -26.24M | -20.5M | -18.82M | -19.51M | -12.6M | -8.87M | -7.91M | 556K |
| Pretax Income | 64.9M | 64.07M | 83.03M | 88.09M | 93.06M | 96.46M | 89.12M | 103.42M | 81.41M | 77.47M | 80.64M | 89.82M | 71.15M | 65.98M | 72.13M | 77.97M | 84.17M |
| Pretax Margin % | 8.7% | 8.89% | 11.41% | 12.31% | 13.72% | 14.38% | 13.24% | 14.63% | 11.8% | 11.24% | 11.84% | 12.47% | 10.4% | 9.93% | 11.63% | 11.79% | 12.99% |
| Income Tax | 13.11M | 12.68M | 17.69M | 18.28M | 20.5M | 22.89M | 18.07M | 17.89M | 18.5M | 17.92M | 19.81M | 20.97M | 37.02M | 5.54M | 17.84M | 20.05M | 25.75M |
| Effective Tax Rate % | 20.2% | 19.79% | 21.31% | 20.75% | 22.03% | 23.72% | 20.28% | 17.29% | 22.73% | 23.13% | 24.56% | 23.35% | 52.03% | 8.4% | 24.73% | 25.71% | 30.59% |
| Net Income | 47.64M | 37.67M | 54.85M | 66.88M | 67.36M | 53.74M | 68.24M | 82.91M | 59.95M | 50.24M | 57.57M | 65.57M | 31.9M | 60.71M | 52.35M | 55.25M | 55.44M |
| Net Margin % | 6.39% | 5.23% | 7.54% | 9.35% | 9.93% | 8.01% | 10.14% | 11.73% | 8.69% | 7.29% | 8.45% | 9.1% | 4.66% | 9.14% | 8.44% | 8.36% | 8.56% |
| Net Income Growth % | -29.27% | -29.9% | -19.63% | -19.33% | 12.36% | 6.98% | 18.53% | 26.43% | 87.92% | -17.24% | 9.96% | 18.69% | -42.45% | - | - | - | - |
| Net Income (Continuing) | 51.79M | 51.39M | 65.34M | 69.81M | 72.56M | 73.58M | 71.05M | 85.53M | 62.9M | 59.55M | 60.84M | 68.85M | 34.13M | 60.44M | 54.29M | 57.92M | 58.42M |
| Discontinued Operations | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -913K | 1000K | -977K | -1000K | -1000K |
| Minority Interest | 44.88M | 45.49M | 46.08M | 42.14M | 40.66M | 39.24M | 40.6M | 41.45M | 41.58M | 40.26M | 40.29M | 40.42M | 38.71M | 38.25M | 38.34M | 39.54M | 40.51M |
| EPS (Diluted) | 0.78 | 0.55 | 0.90 | 1.09 | 1.10 | 0.88 | 1.12 | 1.36 | 0.98 | 0.83 | 0.95 | 1.08 | 0.53 | 1.01 | 0.87 | 0.92 | 0.92 |
| EPS Growth % | -29.09% | -37.5% | -19.64% | -19.85% | 12.24% | 6.02% | 17.89% | 25.93% | 84.91% | -17.82% | 9.2% | 17.39% | -42.39% | - | - | - | - |
| EPS (Basic) | 0.78 | 0.55 | 0.90 | 1.10 | 1.10 | 0.89 | 1.13 | 1.37 | 0.99 | 0.83 | 0.96 | 1.09 | 0.53 | 1.01 | 0.87 | 0.92 | 0.92 |
| Diluted Shares Outstanding | 60.94M | 60.94M | 60.94M | 61.36M | 60.52M | 60.52M | 61.09M | 61.08M | 60.99M | 60.3M | 60.73M | 60.56M | 60.49M | 60.09M | 60.06M | 60.19M | 60.03M |
| Basic Shares Outstanding | 60.94M | 60.94M | 60.94M | 60.8M | 60.52M | 60.52M | 60.44M | 60.43M | 60.35M | 60.3M | 60.27M | 60.24M | 60.15M | 60.09M | 60.06M | 60.04M | 60.03M |
| Dividend Payout Ratio | 12.79% | 16.17% | 11.11% | 7.28% | 7.22% | 9.04% | 7.12% | 4.39% | 6.06% | 7.25% | 6.32% | 4.62% | 9.51% | 4.99% | 5.78% | - | - |