Espey Mfg. & Electronics Corp. (ESP) quarterly income statement — complete 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 | 11.42M | 12.14M | 9.09M | 9.6M | 10.3M | 13.61M | 10.44M | 11.61M | 8.25M | 10.3M | 8.57M | 8.34M | 9.81M | 8.8M | 8.64M | 8.48M | 8.62M | 7.46M | 7.55M | 9.3M |
| Revenue Growth % | 10.87% | -10.82% | -12.93% | -17.35% | 24.81% | 32.09% | 21.88% | 39.17% | -15.85% | 17.02% | -0.78% | -1.63% | 13.8% | 18.05% | 14.45% | -8.82% | 104.99% | 7.12% | 3.85% | -23.28% |
| Cost of Goods Sold | 7.19M | 7.92M | 5.88M | 5.82M | 7.35M | 10.45M | 7.64M | 8.41M | 6.19M | 7.16M | 6.32M | 6.34M | 7.84M | 6.54M | 6.82M | 7.3M | 6.89M | 6.25M | 6.19M | 7.6M |
| COGS % of Revenue | 62.97% | 65.29% | 64.62% | 60.7% | 71.38% | 76.75% | 73.18% | 72.43% | 74.99% | 69.5% | 73.79% | 75.98% | 79.88% | 74.32% | 79.02% | 86.12% | 79.87% | 83.82% | 82.07% | 81.66% |
| Gross Profit | 4.23M | 4.21M | 3.22M | 3.77M | 2.95M | 3.16M | 2.8M | 3.2M | 2.06M | 3.14M | 2.25M | 2M | 1.97M | 2.26M | 1.81M | 1.18M | 1.73M | 1.21M | 1.35M | 1.71M |
| Gross Margin % | 37.03% | 34.71% | 35.38% | 39.3% | 28.62% | 23.25% | 26.82% | 27.57% | 25.01% | 30.5% | 26.21% | 24.02% | 20.12% | 25.68% | 20.98% | 13.88% | 20.13% | 16.18% | 17.93% | 18.34% |
| Gross Profit Growth % | 43.45% | 33.15% | 14.86% | 17.83% | 42.83% | 0.67% | 24.74% | 59.71% | 4.6% | 39.01% | 23.91% | 70.23% | 13.75% | 87.33% | 33.93% | -30.98% | 1026.98% | 69.15% | 20.02% | -16.01% |
| Operating Expenses | 1.25M | 1.14M | 1.15M | 1.14M | 1.2M | 1.14M | 1.08M | 1.07M | 971.22K | 1.05M | 1.02M | 1.02M | 1.01M | 874.93K | 839.03K | 828.28K | 933.73K | 1.19M | 994.82K | 935.33K |
| OpEx % of Revenue | 10.91% | 9.4% | 12.66% | 11.88% | 11.62% | 8.37% | 10.36% | 9.21% | 11.77% | 10.19% | 11.95% | 12.25% | 10.34% | 9.94% | 9.72% | 9.77% | 10.83% | 15.9% | 13.18% | 10.06% |
| Selling, General & Admin | 1.25M | 1.14M | 1.15M | 1.14M | 1.2M | 1.14M | 1.08M | 1.07M | 971.22K | 1.05M | 1.02M | 1.02M | 1.01M | 874.93K | 839.03K | 828.28K | 933.73K | 1.19M | 994.82K | 935.33K |
| SG&A % of Revenue | 10.91% | 9.4% | 12.66% | 11.88% | 11.62% | 8.37% | 10.36% | 9.21% | 11.77% | 10.19% | 11.95% | 12.25% | 10.34% | 9.94% | 9.72% | 9.77% | 10.83% | 15.9% | 13.18% | 10.06% |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.77K | 0 | 2.67K | 0 | 0 | 0 |
| Operating Income | 2.98M | 3.07M | 2.07M | 2.63M | 1.75M | 2.02M | 1.72M | 2.13M | 1.09M | 2.09M | 1.22M | 982.42K | 958.69K | 1.39M | 973.11K | 349.09K | 801.15K | 20.65K | 358.28K | 770.6K |
| Operating Margin % | 26.12% | 25.3% | 22.72% | 27.43% | 17% | 14.88% | 16.46% | 18.36% | 13.24% | 20.31% | 14.26% | 11.78% | 9.77% | 15.74% | 11.27% | 4.12% | 9.29% | 0.28% | 4.75% | 8.28% |
| Operating Income Growth % | 70.37% | 51.7% | 20.16% | 23.45% | 60.22% | -3.27% | 40.72% | 117% | 14.01% | 51.02% | 25.55% | 181.43% | 19.66% | 6611.18% | 171.61% | -54.7% | 168.04% | 108.9% | 68.4% | -25.61% |
| EBITDA | 3.12M | 3.2M | 2.18M | 2.75M | 1.87M | 2.13M | 1.83M | 2.24M | 1.2M | 2.21M | 1.34M | 1.1M | 1.08M | 1.51M | 1.09M | 469.89K | 921.14K | 153.26K | 479.51K | 891.21K |
| EBITDA Margin % | 27.29% | 26.36% | 24.01% | 28.64% | 18.12% | 15.68% | 17.51% | 19.31% | 14.58% | 21.42% | 15.65% | 13.23% | 11.01% | 17.12% | 12.67% | 5.54% | 10.69% | 2.05% | 6.35% | 9.58% |
| EBITDA Growth % | 66.97% | 49.88% | 19.41% | 22.62% | 55.14% | -3.3% | 36.35% | 103.15% | 11.39% | 46.43% | 22.58% | 134.82% | 17.28% | 883.44% | 128.16% | -47.27% | 187.76% | 257.63% | 37.28% | -24.14% |
| D&A (Non-Cash Add-back) | 133.59K | 127.54K | 117.88K | 116.79K | 115.61K | 109.75K | 109.38K | 109.69K | 110.3K | 114.13K | 119.39K | 120.97K | 121.59K | 121.41K | 120.95K | 120.81K | 119.98K | 132.61K | 121.24K | 120.62K |
| EBIT | 2.98M | 3.07M | 2.07M | 2.63M | 1.75M | 2.02M | 1.72M | 2.13M | 1.09M | 2.09M | 1.22M | 1.16M | 958.69K | 1.39M | 973.11K | 349.09K | 801.15K | 32.47K | 358.28K | 787.63K |
| Net Interest Income | 402.1K | 436.9K | 472.36K | 407.31K | 324.7K | 260.22K | 267.62K | 237.42K | 181.94K | 161.51K | 147.43K | 153.04K | 133.15K | 64.63K | 8.81K | 5.85K | 2.99K | 1.72K | 1.6K | 1.92K |
| Interest Income | 402.1K | 436.9K | 472.36K | 407.31K | 324.7K | 260.22K | 267.62K | 237.42K | 181.94K | 161.51K | 147.43K | 153.04K | 133.15K | 64.63K | 8.81K | 5.85K | 2.99K | 1.72K | 1.6K | 1.92K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 408.05K | 444.69K | 491.78K | 718.84K | 336.31K | 268.43K | 278.41K | 242.4K | 184.82K | 166.76K | 161.57K | 174.53K | 145.81K | 73.54K | 12.57K | 26.86K | 5.66K | 11.82K | 19.57K | 17.04K |
| Pretax Income | 3.39M | 3.52M | 2.56M | 3.35M | 2.09M | 2.29M | 2M | 2.37M | 1.28M | 2.26M | 1.38M | 1.16M | 1.1M | 1.46M | 985.69K | 375.95K | 806.82K | 32.47K | 377.84K | 787.63K |
| Pretax Margin % | 29.69% | 28.97% | 28.13% | 34.92% | 20.26% | 16.85% | 19.13% | 20.45% | 15.48% | 21.93% | 16.14% | 13.87% | 11.26% | 16.58% | 11.41% | 4.43% | 9.36% | 0.44% | 5.01% | 8.47% |
| Income Tax | 526.76K | 710.73K | 387.68K | 419.1K | 382.94K | 384.36K | 399.3K | 481.01K | 245.86K | 464.28K | 288.73K | 261.41K | 237.21K | 313.29K | 217.42K | 99.45K | 145.46K | 11.27K | 71.78K | -92.12K |
| Effective Tax Rate % | 15.53% | 20.21% | 15.16% | 12.51% | 18.35% | 16.76% | 19.99% | 20.26% | 19.24% | 20.55% | 20.87% | 22.6% | 21.48% | 21.47% | 22.06% | 26.45% | 18.03% | 34.71% | 19% | -11.7% |
| Net Income | 2.86M | 2.81M | 2.17M | 2.93M | 1.7M | 1.91M | 1.6M | 1.89M | 1.03M | 1.8M | 1.09M | 895.53K | 867.29K | 1.15M | 768.27K | 276.51K | 661.36K | 21.2K | 306.06K | 879.75K |
| Net Margin % | 25.08% | 23.11% | 23.86% | 30.55% | 16.54% | 14.02% | 15.3% | 16.31% | 12.5% | 17.43% | 12.77% | 10.73% | 8.84% | 13.02% | 8.9% | 3.26% | 7.67% | 0.28% | 4.06% | 9.46% |
| Net Income Growth % | 68.07% | 46.98% | 35.76% | 54.84% | 65.17% | 6.3% | 46.03% | 111.42% | 18.98% | 56.66% | 42.47% | 223.88% | 31.14% | 5305.6% | 151.02% | -68.57% | 161.8% | 111.71% | 61.23% | -8.04% |
| Net Income (Continuing) | 2.86M | 2.81M | 2.17M | 2.93M | 1.7M | 1.91M | 1.6M | 1.89M | 1.03M | 1.8M | 1.09M | 895.53K | 867.29K | 1.15M | 768.27K | 276.51K | 661.36K | 21.2K | 306.06K | 879.75K |
| 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) | 0.99 | 0.99 | 0.76 | 1.05 | 0.63 | 0.70 | 0.61 | 0.73 | 0.40 | 0.72 | 0.44 | 0.36 | 0.35 | 0.47 | 0.31 | 0.11 | 0.27 | 0.01 | 0.13 | 0.37 |
| EPS Growth % | 57.14% | 41.43% | 24.59% | 43.84% | 57.5% | -2.78% | 38.64% | 102.78% | 14.29% | 53.19% | 41.94% | 227.27% | 29.63% | 4600% | 138.46% | -70.27% | 161.36% | 113.28% | 62.5% | -7.5% |
| EPS (Basic) | 1.03 | 1.02 | 0.80 | 1.11 | 0.66 | 0.74 | 0.63 | 0.75 | 0.41 | 0.72 | 0.44 | 0.36 | 0.35 | 0.47 | 0.31 | 0.11 | 0.27 | 0.01 | 0.13 | 0.37 |
| Diluted Shares Outstanding | 2.89M | 2.85M | 2.85M | 2.79M | 2.7M | 2.71M | 2.6M | 2.59M | 2.57M | 2.5M | 2.49M | 2.47M | 2.48M | 2.45M | 2.45M | 2.44M | 2.43M | 2.43M | 2.42M | 2.41M |
| Basic Shares Outstanding | 2.79M | 2.75M | 2.72M | 2.63M | 2.6M | 2.58M | 2.53M | 2.52M | 2.49M | 2.48M | 2.47M | 2.46M | 2.46M | 2.45M | 2.45M | 2.44M | 2.43M | 2.43M | 2.42M | 2.41M |
| Dividend Payout Ratio | 24.41% | 24.49% | 126.4% | 22.81% | 38.12% | 33.84% | 39.62% | 26.41% | 42.26% | 41.32% | - | 27.32% | 28.21% | - | - | - | - | - | - | - |