Utah Medical Products, Inc. (UTMD) 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 | 8.72M | 9.04M | 9.81M | 9.95M | 9.71M | 9.16M | 10.01M | 10.4M | 11.34M | 12.33M | 12.51M | 12.87M | 12.52M | 13.57M | 12.96M | 13.43M | 12.32M | 12.91M | 12.57M | 12.6M |
| Revenue Growth % | -10.18% | -1.24% | -1.93% | -4.3% | -14.37% | -25.74% | -19.99% | -19.17% | -9.42% | -9.14% | -3.47% | -4.19% | 1.6% | 5.11% | 3.05% | 6.54% | 12.4% | 7.53% | 19.97% | 43.44% |
| Cost of Goods Sold | 3.44M | 4.31M | 4.75M | 4.9M | 4.17M | 3.83M | 4.73M | 4.66M | 4.57M | 5.24M | 6.76M | 6.74M | 4.68M | 5.25M | 4.77M | 5.28M | 4.79M | 4.8M | 4.5M | 4.82M |
| COGS % of Revenue | 39.44% | 47.69% | 48.43% | 49.2% | 42.97% | 41.88% | 47.26% | 44.78% | 40.34% | 42.45% | 54.08% | 52.37% | 37.36% | 38.65% | 36.81% | 39.3% | 38.87% | 37.18% | 35.79% | 38.23% |
| Gross Profit | 5.28M | 4.73M | 5.06M | 5.06M | 5.54M | 5.32M | 5.28M | 5.74M | 6.77M | 7.1M | 5.74M | 6.13M | 7.84M | 8.33M | 8.19M | 8.15M | 7.53M | 8.11M | 8.07M | 7.79M |
| Gross Margin % | 60.56% | 52.31% | 51.57% | 50.8% | 57.03% | 58.12% | 52.74% | 55.22% | 59.66% | 57.55% | 45.92% | 47.63% | 62.64% | 61.35% | 63.19% | 60.7% | 61.13% | 62.82% | 64.21% | 61.77% |
| Gross Profit Growth % | -4.62% | -11.12% | -4.11% | -11.96% | -18.15% | -25.01% | -8.1% | -6.28% | -13.73% | -14.76% | -29.86% | -24.82% | 4.12% | 2.64% | 1.4% | 4.7% | 42.59% | 11.67% | 24.26% | 57.27% |
| Operating Expenses | 2.72M | 2.29M | 2.45M | 1.86M | 2.38M | 2.39M | 1.93M | 2.31M | 2.88M | 3.15M | 1.77M | 1.7M | 3.4M | 3.26M | 3.04M | 3.09M | 3.01M | 2.98M | 2.98M | 3.02M |
| OpEx % of Revenue | 31.15% | 25.31% | 24.96% | 18.69% | 24.56% | 26.13% | 19.33% | 22.16% | 25.42% | 25.57% | 14.18% | 13.24% | 27.19% | 23.99% | 23.5% | 23.04% | 24.43% | 23.1% | 23.66% | 23.96% |
| Selling, General & Admin | 2.56M | 2.08M | 2.28M | 1.73M | 1.42M | 7.6M | 1.76M | 2.05M | 1.36M | 11.04M | 1.64M | 1.57M | 1.26M | 11.24M | 2.93M | 2.96M | 2.89M | 11.49M | 2.85M | 2.89M |
| SG&A % of Revenue | 29.39% | 22.97% | 23.26% | 17.33% | 14.57% | 82.95% | 17.61% | 19.71% | 12.01% | 89.52% | 13.07% | 12.2% | 10.09% | 82.83% | 22.64% | 22.04% | 23.44% | 88.97% | 22.65% | 22.95% |
| Research & Development | 154K | 212K | 167K | 135K | 155K | 121K | 172K | 255K | 266K | 146K | 138K | 133K | 144K | 123K | 112K | 135K | 123K | 141K | 127K | 128K |
| R&D % of Revenue | 1.77% | 2.34% | 1.7% | 1.36% | 1.6% | 1.32% | 1.72% | 2.45% | 2.35% | 1.18% | 1.1% | 1.03% | 1.15% | 0.91% | 0.86% | 1.01% | 1% | 1.09% | 1.01% | 1.02% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 815K | -1000K | 0 | 0 | 1000K | -1000K | 0 | 0 | 1000K | -1000K | 0 | 0 | 8K | -1000K | 0 | 0 |
| Operating Income | 2.56M | 2.44M | 2.61M | 3.2M | 3.15M | 2.93M | 3.34M | 3.44M | 3.88M | 3.94M | 3.97M | 4.42M | 4.44M | 5.07M | 5.14M | 5.06M | 4.52M | 5.13M | 5.1M | 4.76M |
| Operating Margin % | 29.41% | 27% | 26.61% | 32.11% | 32.47% | 31.99% | 33.41% | 33.06% | 34.24% | 31.98% | 31.74% | 34.39% | 35.46% | 37.35% | 39.68% | 37.66% | 36.7% | 39.72% | 40.55% | 37.81% |
| Operating Income Growth % | -18.65% | -16.66% | -21.9% | -7.04% | -18.8% | -25.71% | -15.77% | -22.31% | -12.53% | -22.21% | -22.8% | -12.5% | -1.84% | -1.17% | 0.84% | 6.13% | 16.31% | 19.86% | 42.12% | 141.02% |
| EBITDA | 3.25M | 3.19M | 3.36M | 3.94M | 3.87M | 3.65M | 4.08M | 4.13M | 4.57M | 4.97M | 5.75M | 6.2M | 6.2M | 6.81M | 6.89M | 6.83M | 6.33M | 6.93M | 6.93M | 6.61M |
| EBITDA Margin % | 37.3% | 35.24% | 34.28% | 39.6% | 39.9% | 39.82% | 40.81% | 39.72% | 40.26% | 40.3% | 46.01% | 48.22% | 49.54% | 50.15% | 53.15% | 50.89% | 51.38% | 53.68% | 55.11% | 52.44% |
| EBITDA Growth % | -16.03% | -12.61% | -17.61% | -4.6% | -15.16% | -26.62% | -29.04% | -33.41% | -26.39% | -27% | -16.44% | -9.21% | -2.02% | -1.79% | -0.61% | 3.39% | 10.59% | 14.01% | 28.53% | 75.82% |
| D&A (Non-Cash Add-back) | 688K | 745K | 753K | 745K | 721K | 717K | 740K | 693K | 683K | 1.03M | 1.78M | 1.78M | 1.76M | 1.74M | 1.75M | 1.78M | 1.81M | 1.8M | 1.83M | 1.84M |
| EBIT | 3.18M | 3.11M | 3.31M | 3.84M | 3.47M | 3.27M | 4.18M | 4.21M | 4.63M | 4.6M | 4.78M | 5.17M | 4.85M | 5.74M | 5.34M | 5.2M | 4.53M | 5.15M | 5.16M | 4.83M |
| Net Interest Income | 617K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 617K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 617K | 664K | 698K | 639K | 705K | 684K | 836K | 773K | 915K | 1.07M | 812K | 747K | 680K | 521K | 198K | 142K | 8K | 51K | 59K | 60K |
| Pretax Income | 3.18M | 3.11M | 3.31M | 3.83M | 3.86M | 3.61M | 4.18M | 4.21M | 4.8M | 5.02M | 4.78M | 5.17M | 5.12M | 5.59M | 5.34M | 5.2M | 4.53M | 5.18M | 5.16M | 4.83M |
| Pretax Margin % | 36.48% | 34.34% | 33.72% | 38.53% | 39.73% | 39.46% | 41.77% | 40.49% | 42.31% | 40.68% | 38.23% | 40.2% | 40.89% | 41.19% | 41.21% | 38.72% | 36.76% | 40.12% | 41.02% | 38.28% |
| Income Tax | 578K | 541K | 678K | 787K | 817K | 712K | 616K | 758K | 842K | 731K | 846K | 972K | 905K | 1.04M | 1.06M | 1.1M | 996K | 1.05M | 951K | 1.4M |
| Effective Tax Rate % | 18.16% | 17.42% | 20.49% | 20.52% | 21.18% | 19.7% | 14.74% | 18% | 17.55% | 14.57% | 17.7% | 18.79% | 17.68% | 18.53% | 19.84% | 21.08% | 21.99% | 20.25% | 18.44% | 28.99% |
| Net Income | 2.6M | 2.56M | 2.63M | 3.05M | 3.04M | 2.9M | 3.56M | 3.45M | 3.96M | 4.29M | 3.94M | 4.2M | 4.21M | 4.55M | 4.28M | 4.1M | 3.53M | 4.13M | 4.21M | 3.43M |
| Net Margin % | 29.86% | 28.36% | 26.81% | 30.62% | 31.32% | 31.69% | 35.61% | 33.2% | 34.89% | 34.75% | 31.47% | 32.64% | 33.66% | 33.56% | 33.04% | 30.56% | 28.68% | 32% | 33.46% | 27.18% |
| Net Income Growth % | -14.37% | -11.61% | -26.16% | -11.73% | -23.13% | -32.29% | -9.45% | -17.79% | -6.12% | -5.91% | -8.06% | 2.36% | 19.24% | 10.24% | 1.76% | 19.76% | 16.87% | 21.1% | 43.4% | 160.93% |
| Net Income (Continuing) | 2.6M | 2.56M | 2.63M | 3.05M | 3.04M | 2.9M | 3.56M | 3.45M | 3.96M | 4.29M | 3.94M | 4.2M | 4.21M | 4.55M | 4.28M | 4.1M | 3.53M | 4.13M | 4.21M | 3.43M |
| 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) | 0.82 | 0.80 | 0.82 | 0.94 | 0.92 | 0.86 | 1.02 | 0.98 | 1.09 | 1.18 | 1.08 | 1.15 | 1.16 | 1.25 | 1.18 | 1.12 | 0.96 | 1.13 | 1.15 | 0.94 |
| EPS Growth % | -10.87% | -6.98% | -19.61% | -4.08% | -15.6% | -27.12% | -5.56% | -14.78% | -6.03% | -5.6% | -8.47% | 2.68% | 20.83% | 10.62% | 2.61% | 19.15% | 15.66% | 21.51% | 43.75% | 161.11% |
| EPS (Basic) | 0.82 | 0.77 | 0.79 | 0.92 | 0.92 | 0.86 | 1.02 | 0.95 | 1.09 | 1.18 | 1.08 | 1.16 | 1.16 | 1.26 | 1.18 | 1.13 | 0.97 | 1.13 | 1.15 | 0.94 |
| Diluted Shares Outstanding | 3.19M | 3.2M | 3.21M | 3.25M | 3.31M | 3.39M | 3.48M | 3.53M | 3.62M | 3.63M | 3.64M | 3.64M | 3.64M | 3.63M | 3.63M | 3.65M | 3.67M | 3.67M | 3.66M | 3.65M |
| Basic Shares Outstanding | 3.19M | 3.31M | 3.31M | 3.31M | 3.31M | 3.39M | 3.48M | 3.62M | 3.62M | 3.63M | 3.63M | 3.63M | 3.63M | 3.63M | 3.63M | 3.64M | 3.65M | 3.65M | 3.65M | 3.65M |
| Dividend Payout Ratio | 37.98% | 38.09% | 37.55% | 32.84% | 33.44% | 35.77% | 29.53% | 31.31% | 27.53% | 24.99% | 27.22% | 25.48% | 25.39% | 23.07% | 24.58% | 25.83% | - | 202.06% | 24.7% | 30.33% |