TAT Technologies Ltd. (TATT) 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 | 41.15M | 46.53M | 46.23M | 43.1M | 42.14M | 41.04M | 40.46M | 36.52M | 34.09M | 31.84M | 29.93M | 26.8M | 25.22M | 22.85M | 20.98M | 20.77M | 19.95M | 20.41M | 17.62M | 21.59M |
| Revenue Growth % | -2.36% | 13.38% | 14.28% | 18.01% | 23.63% | 28.92% | 35.16% | 36.27% | 35.18% | 39.34% | 42.7% | 29.02% | 26.38% | 11.96% | 19.06% | -3.75% | 8.68% | 23.43% | 4.77% | 24.35% |
| Cost of Goods Sold | 31.12M | 34.82M | 34.63M | 32.28M | 32.19M | 31.56M | 31.98M | 28.54M | 27.02M | 24.87M | 24.12M | 21.38M | 20.96M | 17.43M | 17.54M | 16.74M | 16.91M | 17.44M | 14.67M | 18.43M |
| COGS % of Revenue | 75.62% | 74.82% | 74.91% | 74.89% | 76.38% | 76.9% | 79.04% | 78.14% | 79.27% | 78.11% | 80.58% | 79.76% | 83.11% | 76.3% | 83.63% | 80.59% | 84.74% | 85.46% | 83.26% | 85.39% |
| Gross Profit | 10.03M | 11.72M | 11.6M | 10.82M | 9.95M | 9.48M | 8.48M | 7.98M | 7.07M | 6.97M | 5.81M | 5.43M | 4.26M | 5.42M | 3.43M | 4.03M | 3.04M | 2.97M | 2.95M | 3.15M |
| Gross Margin % | 24.38% | 25.18% | 25.09% | 25.11% | 23.62% | 23.1% | 20.96% | 21.86% | 20.73% | 21.89% | 19.42% | 20.24% | 16.89% | 23.7% | 16.37% | 19.41% | 15.26% | 14.54% | 16.74% | 14.61% |
| Gross Profit Growth % | 0.77% | 23.57% | 36.79% | 35.58% | 40.87% | 36.07% | 45.87% | 47.14% | 65.95% | 28.67% | 69.31% | 34.57% | 39.84% | 82.48% | 16.41% | 27.88% | -10.39% | 213.74% | 111.02% | 109.22% |
| Operating Expenses | 7.05M | 7.17M | 6.34M | 6.39M | 5.78M | 5.37M | 5.04M | 5.25M | 4.86M | 5.13M | 4.05M | 3.89M | 3.31M | 4.27M | 3.94M | 4.96M | 4.54M | 3.63M | 3.59M | 5.8M |
| OpEx % of Revenue | 17.12% | 15.42% | 13.71% | 14.82% | 13.73% | 13.08% | 12.44% | 14.37% | 14.25% | 16.12% | 13.54% | 14.53% | 13.13% | 18.67% | 18.79% | 23.86% | 22.75% | 17.8% | 20.38% | 26.87% |
| Selling, General & Admin | 6.47M | 6.68M | 6.02M | 6.15M | 5.46M | 5.06M | 4.71M | 4.91M | 4.97M | 4.82M | 3.9M | 3.77M | 3.62M | 4.09M | 3.77M | 4.01M | 3.72M | 3.53M | 3.37M | 3.77M |
| SG&A % of Revenue | 15.74% | 14.35% | 13.02% | 14.27% | 12.96% | 12.33% | 11.64% | 13.44% | 14.58% | 15.15% | 13.02% | 14.07% | 14.35% | 17.92% | 18% | 19.31% | 18.64% | 17.32% | 19.14% | 17.45% |
| Research & Development | 571K | 497K | 323K | 240K | 324K | 302K | 326K | 343K | 277K | 265K | 194K | 157K | 99K | 130K | 197K | 180K | -27K | 149K | 97K | 136K |
| R&D % of Revenue | 1.39% | 1.07% | 0.7% | 0.56% | 0.77% | 0.74% | 0.81% | 0.94% | 0.81% | 0.83% | 0.65% | 0.59% | 0.39% | 0.57% | 0.94% | 0.87% | -0.14% | 0.73% | 0.55% | 0.63% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 7K | 0 | -2K | -388K | 45K | -37K | -35K | -407K | 42K | -30K | 766K | 846K | -51K | 121K | 1000K |
| Operating Income | 2.98M | 4.54M | 5.26M | 4.43M | 4.17M | 4.11M | 3.45M | 2.73M | 2.21M | 1.84M | 1.76M | 1.53M | 948K | 1.15M | -508K | -925K | -1.49M | -664K | -641K | -2.65M |
| Operating Margin % | 7.25% | 9.76% | 11.38% | 10.29% | 9.9% | 10.02% | 8.52% | 7.49% | 6.48% | 5.77% | 5.88% | 5.72% | 3.76% | 5.03% | -2.42% | -4.45% | -7.49% | -3.25% | -3.64% | -12.26% |
| Operating Income Growth % | -28.42% | 10.43% | 52.64% | 62.22% | 88.86% | 123.95% | 95.8% | 78.46% | 132.91% | 59.74% | 446.46% | 265.62% | 163.45% | 273.19% | 20.75% | 65.05% | -1657.65% | 76.91% | 54.12% | -137.83% |
| EBITDA | 4.3M | 5.88M | 6.51M | 5.64M | 5.47M | 5.25M | 4.96M | 4.17M | 3.58M | 3.51M | 2.86M | 2.43M | 1.99M | 2.03M | 423K | 1K | -521K | 640K | 799K | -1.57M |
| EBITDA Margin % | 10.45% | 12.64% | 14.08% | 13.09% | 12.99% | 12.79% | 12.26% | 11.4% | 10.51% | 11.02% | 9.55% | 9.08% | 7.89% | 8.87% | 2.02% | 0% | -2.61% | 3.14% | 4.53% | -7.26% |
| EBITDA Growth % | -21.5% | 12.04% | 31.23% | 35.49% | 52.85% | 49.7% | 73.49% | 71.19% | 80.09% | 73.1% | 575.89% | 243200% | 481.77% | 216.56% | -47.06% | 100.06% | -153.66% | 133.37% | 351.26% | -1786.75% |
| D&A (Non-Cash Add-back) | 1.31M | 1.34M | 1.25M | 1.21M | 1.3M | 1.14M | 1.51M | 1.43M | 1.37M | 1.67M | 1.1M | 901K | 1.04M | 876K | 931K | 926K | 973K | 1.3M | 1.44M | 1.08M |
| EBIT | 2.98M | 4.54M | 5.84M | 3.66M | 4.45M | 3.64M | 3.13M | 2.84M | 2.1M | 1.31M | 2.04M | 1.7M | 928K | 1.1M | -152K | -280K | -1.32M | -715K | -520K | -750K |
| Net Interest Income | -148K | -175K | 30K | -324K | -335K | 0 | -735K | -307K | -343K | -469K | -125K | -273K | -366K | -520K | 73K | 509K | 66K | -423K | -257K | -257K |
| Interest Income | 0 | 0 | 206K | 0 | 0 | 0 | 0 | 106K | 0 | 0 | 283K | 167K | - | - | 356K | 645K | 170K | - | 0 | 0 |
| Interest Expense | 148K | 175K | 176K | 324K | 335K | 0 | 735K | 413K | 343K | 469K | 408K | 440K | 366K | 520K | 283K | 136K | 104K | 423K | 257K | 257K |
| Other Income/Expense | 560K | 702K | 402K | -782K | 235K | -250K | -566K | -73K | -251K | -393K | 1K | -120K | -318K | -460K | 109K | 624K | 39K | -424K | -293K | -283K |
| Pretax Income | 3.54M | 5.25M | 5.66M | 3.65M | 4.41M | 3.86M | 2.88M | 2.66M | 1.96M | 1.44M | 1.76M | 1.41M | 630K | 690K | -399K | -301K | -1.46M | -1.09M | -934K | -2.93M |
| Pretax Margin % | 8.62% | 11.27% | 12.25% | 8.47% | 10.45% | 9.41% | 7.12% | 7.29% | 5.74% | 4.54% | 5.88% | 5.27% | 2.5% | 3.02% | -1.9% | -1.45% | -7.29% | -5.33% | -5.3% | -13.57% |
| Income Tax | 145K | 519K | 821K | 211K | 592K | 289K | 15K | 44K | -153K | 1.05M | -390K | -63K | -27K | 205K | -44K | -170K | 107K | -464K | 73K | -140K |
| Effective Tax Rate % | 4.09% | 9.9% | 14.5% | 5.78% | 13.44% | 7.48% | 0.52% | 1.65% | -7.82% | 73.06% | -22.15% | -4.46% | -4.29% | 29.71% | 11.03% | 56.48% | -7.35% | 42.65% | -7.82% | 4.78% |
| Net Income | 3.4M | 4.73M | 4.84M | 3.44M | 3.81M | 3.58M | 2.87M | 2.62M | 2.11M | 389K | 2.15M | 1.48M | 658K | 485K | -355K | -132K | -1.56M | -700K | -967K | -2.48M |
| Net Margin % | 8.26% | 10.16% | 10.47% | 7.99% | 9.05% | 8.71% | 7.08% | 7.17% | 6.19% | 1.22% | 7.19% | 5.5% | 2.61% | 2.12% | -1.69% | -0.64% | -7.83% | -3.43% | -5.49% | -11.5% |
| Net Income Growth % | -10.83% | 32.2% | 68.97% | 31.52% | 80.71% | 819.02% | 33.19% | 77.42% | 220.67% | -19.79% | 705.92% | 1217.42% | 142.13% | 169.29% | 63.29% | 94.68% | -366.1% | 64.16% | 38.64% | -10.75% |
| Net Income (Continuing) | 3.4M | 4.73M | 4.84M | 3.44M | 3.81M | 3.58M | 2.87M | 2.62M | 2.11M | 389K | 2.15M | 1.48M | 657K | 485K | -355K | -131K | -1.56M | -624K | -1.01M | -2.79M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -76K | 40K | 307K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.26 | 0.36 | 0.37 | 0.30 | 0.34 | 0.33 | 0.26 | 0.25 | 0.20 | 0.04 | 0.24 | 0.16 | 0.07 | 0.05 | -0.04 | -0.03 | -0.17 | -0.08 | -0.11 | -0.28 |
| EPS Growth % | -23.53% | 9.09% | 42.31% | 20% | 70% | 691.37% | 8.33% | 56.25% | 171% | -23.49% | 646.7% | 675.54% | 143.41% | 169.07% | 60.09% | 90.07% | -342.86% | 64.14% | 38.89% | -12% |
| EPS (Basic) | 0.26 | 0.36 | 0.38 | 0.30 | 0.35 | 0.33 | 0.27 | 0.25 | 0.20 | 0.04 | 0.24 | 0.16 | 0.07 | 0.05 | -0.04 | -0.03 | -0.17 | -0.08 | -0.11 | -0.28 |
| Diluted Shares Outstanding | 13.2M | 13.09M | 13.08M | 11.67M | 11.21M | 10.94M | 10.83M | 10.56M | 10.55M | 9.33M | 9.13M | 9.05M | 8.91M | 8.9M | 8.91M | 8.89M | 8.89M | 8.87M | 8.87M | 8.87M |
| Basic Shares Outstanding | 12.98M | 12.96M | 12.91M | 11.45M | 10.94M | 10.94M | 10.61M | 10.39M | 10.38M | 9.33M | 8.93M | 8.94M | 8.91M | 8.9M | 8.88M | 8.89M | 8.89M | 8.87M | 8.87M | 8.87M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |