Gulf Island Fabrication, Inc. (GIFI) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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GIFI Revenue Growth
Revenue Breakdown (FY 2024)
GIFI's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
GIFI Revenue Analysis (2013–2024)
As of May 8, 2026, Gulf Island Fabrication, Inc. (GIFI) generated trailing twelve-month (TTM) revenue of $166.8 million, reflecting explosive growth of +36.9% year-over-year. The most recent quarter (Q3 2025) recorded $51.5 million in revenue, up 37.3% sequentially.
Looking at the longer-term picture, GIFI's 5-year compound annual growth rate (CAGR) stands at -12.1%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $608.3 million in 2013.
Revenue diversification analysis shows GIFI's business is primarily driven by Services Segment (55%), Fabrication Segment (45%), and Shipyard Segment (1%). With over half of revenue concentrated in Services Segment, the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including HWKN (+11.7% YoY), GLDD (+16.5% YoY), and HII (+12.1% YoY), GIFI has underperformed the peer group in terms of revenue growth. Compare GIFI vs HWKN →
GIFI Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| GIFICurrent | $167M | +36.9% | -12.1% | 7.7% | |
 HWKN | $974M | +11.7% | +12.5% | 12.2% | |
 GLDD | $888M | +16.5% | +3.9% | 14.1% | |
 HII | $12.5B | +12.1% | +5.9% | 4.9% | |
 KFRC | $1.3B | -3.9% | -1.0% | 3.8% | |
 STRL | $2.5B | +37.0% | +15.2% | 16.6% |
GIFI Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $159.2M | +5.4% | $22.3M | 14.0% | $12.3M | 7.7% |
| 2023 | $151.1M | +6.1% | $-11,901,000 | -7.9% | $-25,883,000 | -17.1% |
| 2022 | $142.3M | +52.3% | $7.9M | 5.5% | $-3,415,000 | -2.4% |
| 2021 | $93.5M | -20.6% | $1.7M | 1.8% | $-13,484,000 | -14.4% |
| 2020 | $117.7M | -61.2% | $-7,867,000 | -6.7% | $-13,903,000 | -11.8% |
| 2019 | $303.3M | +37.1% | $-16,299,000 | -5.4% | $-50,021,000 | -16.5% |
| 2018 | $221.2M | +29.4% | $-7,196,000 | -3.3% | $-19,665,000 | -8.9% |
| 2017 | $171.0M | -40.3% | $-42,925,000 | -25.1% | $-68,397,000 | -40.0% |
| 2016 | $286.3M | -6.5% | $24.9M | 8.7% | $5.2M | 1.8% |
| 2015 | $306.1M | -39.6% | $-15,156,000 | -5.0% | $-38,614,000 | -12.6% |
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Start ComparisonGIFI — Frequently Asked Questions
Quick answers to the most common questions about buying GIFI stock.
Is GIFI's revenue growth accelerating or slowing?
GIFI revenue is accelerating at +36.9% year-over-year, exceeding the 5-year CAGR of -12.1%. TTM revenue reached $167M. Growth momentum has increased versus prior periods.
What is GIFI's long-term revenue growth rate?
Gulf Island Fabrication, Inc.'s 5-year revenue CAGR of -12.1% reflects the sustained expansion pattern. Current YoY growth of +36.9% is above this long-term average.
How is GIFI's revenue distributed by segment?
GIFI reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.