The Manitowoc Company, Inc. (MTW) 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 | 494.6M | 677.1M | 553.4M | 539.5M | 470.9M | 596M | 524.8M | 562.1M | 495.1M | 595.8M | 520.9M | 602.8M | 508.3M | 621.6M | 454.7M | 497.2M | 459M | 497.8M | 404.5M | 463.6M |
| Revenue Growth % | 5.03% | 13.61% | 5.45% | -4.02% | -4.89% | 0.03% | 0.75% | -6.75% | -2.6% | -4.15% | 14.56% | 21.24% | 10.74% | 24.87% | 12.41% | 7.25% | 29.55% | 15.69% | 13.75% | 41.21% |
| Cost of Goods Sold | 399.3M | 563.8M | 451.5M | 440.5M | 381.1M | 500.8M | 437.2M | 462.4M | 402.6M | 496.7M | 424.1M | 479.8M | 402M | 505.1M | 380.4M | 408.5M | 374M | 418.4M | 335.5M | 373.2M |
| COGS % of Revenue | 80.73% | 83.27% | 81.59% | 81.65% | 80.93% | 84.03% | 83.31% | 82.26% | 81.32% | 83.37% | 81.42% | 79.6% | 79.09% | 81.26% | 83.66% | 82.16% | 81.48% | 84.05% | 82.94% | 80.5% |
| Gross Profit | 95.3M | 113.3M | 101.9M | 99M | 89.8M | 95.2M | 87.6M | 99.7M | 92.5M | 99.1M | 96.8M | 123M | 106.3M | 116.5M | 74.3M | 88.7M | 85M | 79.4M | 69M | 90.4M |
| Gross Margin % | 19.27% | 16.73% | 18.41% | 18.35% | 19.07% | 15.97% | 16.69% | 17.74% | 18.68% | 16.63% | 18.58% | 20.4% | 20.91% | 18.74% | 16.34% | 17.84% | 18.52% | 15.95% | 17.06% | 19.5% |
| Gross Profit Growth % | 6.12% | 19.01% | 16.32% | -0.7% | -2.92% | -3.94% | -9.5% | -18.94% | -12.98% | -14.94% | 30.28% | 38.67% | 25.06% | 46.73% | 7.68% | -1.88% | 24.27% | 1.79% | 5.99% | 86.78% |
| Operating Expenses | 90.6M | 93.1M | 83.4M | 89.2M | 84.5M | 79M | 80.1M | 86.8M | 77.3M | 89.3M | 78.8M | 88.6M | 76.1M | 253M | 66.7M | 70.4M | 67.4M | 77.6M | 61.7M | 63.7M |
| OpEx % of Revenue | 18.32% | 13.75% | 15.07% | 16.53% | 17.94% | 13.26% | 15.26% | 15.44% | 15.61% | 14.99% | 15.13% | 14.7% | 14.97% | 40.7% | 14.67% | 14.16% | 14.68% | 15.59% | 15.25% | 13.74% |
| Selling, General & Admin | 90.6M | 89.2M | 83.4M | 87.4M | 82.9M | 80M | 78.9M | 83.7M | 76M | 94.2M | 77.4M | 87.6M | 75.1M | 79.4M | 65.8M | 69.3M | 66.5M | 77.5M | 59.7M | 63.6M |
| SG&A % of Revenue | 18.32% | 13.17% | 15.07% | 16.2% | 17.6% | 13.42% | 15.03% | 14.89% | 15.35% | 15.81% | 14.86% | 14.53% | 14.77% | 12.77% | 14.47% | 13.94% | 14.49% | 15.57% | 14.76% | 13.72% |
| 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 | 1000K | 0 | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 900K | 1000K | 900K | 100K | 1000K | 100K |
| Operating Income | 3.9M | 20.2M | 18.5M | 9.8M | 5.3M | 16.2M | 7.5M | 12.9M | 15.2M | 9.8M | 18M | 34.4M | 30.2M | -136.5M | 7.6M | 18.3M | 17.6M | 1.8M | 7.3M | 26.7M |
| Operating Margin % | 0.79% | 2.98% | 3.34% | 1.82% | 1.13% | 2.72% | 1.43% | 2.3% | 3.07% | 1.64% | 3.46% | 5.71% | 5.94% | -21.96% | 1.67% | 3.68% | 3.83% | 0.36% | 1.8% | 5.76% |
| Operating Income Growth % | -26.42% | 24.69% | 146.67% | -24.03% | -65.13% | 65.31% | -58.33% | -62.5% | -49.67% | 107.18% | 136.84% | 87.98% | 71.59% | -7683.33% | 4.11% | -31.46% | 64.49% | -92.11% | -37.61% | 1768.75% |
| EBITDA | 18.8M | 36.5M | 34.1M | 25.3M | 20.9M | 32.7M | 23.1M | 28.3M | 30.6M | 25.4M | 32.4M | 49.3M | 45.1M | -121.4M | 22.9M | 34.7M | 34.5M | 18.5M | 17.6M | 36.5M |
| EBITDA Margin % | 3.8% | 5.39% | 6.16% | 4.69% | 4.44% | 5.49% | 4.4% | 5.03% | 6.18% | 4.26% | 6.22% | 8.18% | 8.87% | -19.53% | 5.04% | 6.98% | 7.52% | 3.72% | 4.35% | 7.87% |
| EBITDA Growth % | -10.05% | 11.62% | 47.62% | -10.6% | -31.7% | 28.74% | -28.7% | -42.6% | -32.15% | 120.92% | 41.48% | 42.07% | 30.72% | -756.22% | 30.11% | -4.93% | 65.87% | -43.6% | -15.79% | 380.26% |
| D&A (Non-Cash Add-back) | 14.9M | 16.3M | 15.6M | 15.5M | 15.6M | 16.5M | 15.6M | 15.4M | 15.4M | 15.6M | 14.4M | 14.9M | 14.9M | 15.1M | 15.3M | 16.4M | 16.9M | 16.7M | 10.3M | 9.8M |
| EBIT | 3.9M | 23.3M | 17.7M | 10.5M | -100K | 19.3M | 2.3M | 12.8M | 15.6M | 6.5M | 18.8M | 24M | 28.8M | -131.5M | 10M | 15.9M | 17M | 2.6M | 6M | 29.2M |
| Net Interest Income | 0 | -10.4M | -10.2M | -9.5M | -9.1M | -10.3M | -9.9M | -10M | -9.5M | -8.7M | -8.7M | -9.4M | -8.4M | -8.7M | -8.3M | -8.2M | -7.8M | -7.8M | -7.5M | -7.6M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -300K | -400K | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | -8.9M | 10.4M | 10.2M | 9.5M | 9.1M | 10.3M | 9.9M | 10M | 9.5M | 8.7M | 8.7M | 9.4M | 8.1M | 8.3M | 8.3M | 8.2M | 7.8M | 7.8M | 7.5M | 7.6M |
| Other Income/Expense | -13.2M | -7.8M | -11M | -8.5M | -14.1M | -6.8M | -14.8M | -9.7M | -8.8M | -11.7M | -7.6M | -19.4M | -9.5M | -3.3M | -5.6M | -10.3M | -8M | -6.6M | -8.4M | -4.8M |
| Pretax Income | -9.3M | 12.4M | 7.5M | 1.3M | -8.8M | 9.4M | -7.3M | 3.2M | 6.4M | -1.9M | 10.4M | 15M | 20.7M | -139.8M | 2M | 8M | 9.6M | -4.8M | -1.1M | 21.9M |
| Pretax Margin % | -1.88% | 1.83% | 1.36% | 0.24% | -1.87% | 1.58% | -1.39% | 0.57% | 1.29% | -0.32% | 2% | 2.49% | 4.07% | -22.49% | 0.44% | 1.61% | 2.09% | -0.96% | -0.27% | 4.72% |
| Income Tax | -3.3M | 5.4M | 2.5M | -200K | -2.5M | -47.3M | -300K | 1.6M | 1.9M | 6M | 0 | -5.2M | 4.2M | 4.3M | -300K | -7.1M | 6.5M | -1.2M | -900K | 4M |
| Effective Tax Rate % | 35.48% | 43.55% | 33.33% | -15.38% | 28.41% | -503.19% | 4.11% | 50% | 29.69% | -315.79% | 0% | -34.67% | 20.29% | -3.08% | -15% | -88.75% | 67.71% | 25% | 81.82% | 18.26% |
| Net Income | -6M | 7M | 5M | 1.5M | -6.3M | 56.7M | -7M | 1.6M | 4.5M | -7.9M | 10.4M | 20.2M | 16.5M | -144.1M | 2.3M | 15.1M | 3.1M | -3.6M | -200K | 17.9M |
| Net Margin % | -1.21% | 1.03% | 0.9% | 0.28% | -1.34% | 9.51% | -1.33% | 0.28% | 0.91% | -1.33% | 2% | 3.35% | 3.25% | -23.18% | 0.51% | 3.04% | 0.68% | -0.72% | -0.05% | 3.86% |
| Net Income Growth % | 4.76% | -87.65% | 171.43% | -6.25% | -240% | 817.72% | -167.31% | -92.08% | -72.73% | 94.52% | 352.17% | 33.77% | 432.26% | -3902.78% | 1250% | -15.64% | 200% | -300% | 50% | 240.94% |
| Net Income (Continuing) | -6M | 7M | 5M | 1.5M | -6.3M | 56.7M | -7M | 1.6M | 4.5M | -7.9M | 10.4M | 20.2M | 16.5M | -144.1M | 2.3M | 15.1M | 3.1M | -3.6M | -200K | 17.9M |
| 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) | -0.17 | 0.19 | 0.14 | 0.04 | -0.18 | 1.59 | -0.20 | 0.04 | 0.12 | -0.23 | 0.29 | 0.57 | 0.46 | -4.10 | 0.07 | 0.42 | 0.09 | -0.10 | -0.01 | 0.50 |
| EPS Growth % | 5.56% | -88.05% | 170% | -6.47% | -250% | 791.3% | -168.97% | -92.14% | -73.91% | 94.39% | 314.29% | 35.71% | 427.52% | -4000% | - | -16% | 197.87% | -300% | 50.86% | 235.14% |
| EPS (Basic) | -0.17 | 0.20 | 0.14 | 0.04 | -0.18 | 1.61 | -0.20 | 0.05 | 0.13 | -0.23 | 0.30 | 0.58 | 0.47 | -4.10 | 0.07 | 0.43 | 0.09 | -0.10 | -0.01 | 0.51 |
| Diluted Shares Outstanding | 35.67M | 36.52M | 35.95M | 35.82M | 35.27M | 35.58M | 35.12M | 35.74M | 36.06M | 35.09M | 35.79M | 35.65M | 35.75M | 35.14M | 35.37M | 35.55M | 35.57M | 35.03M | 35.03M | 35.6M |
| Basic Shares Outstanding | 35.67M | 35.47M | 35.4M | 35.45M | 35.27M | 35.13M | 35.12M | 35.37M | 35.27M | 35.09M | 35.08M | 35.08M | 35.12M | 35.14M | 35.18M | 35.28M | 35.13M | 34.87M | 35.03M | 34.9M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |