Value Line, Inc. (VALU) 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 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 4.66M | 3.64M | 4.99M | 4.67M | 5.34M | 5.27M | 5.34M | 5.31M | 5.41M | 5.91M | 6M | 6.09M | 6.21M | 6.3M | 5.9M | 6.05M | 5.97M | 5.67M | 5.51M | 4.64M |
| Gross Margin % | 56.36% | 42.55% | 57.98% | 55.72% | 59.6% | 59.56% | 60.12% | 58.96% | 59.27% | 61.53% | 61.61% | 62.66% | 62.3% | 62.56% | 59.3% | 59.74% | 58.23% | 56.85% | 54.19% | 47.69% |
| Gross Profit Growth % | -12.72% | -30.86% | -6.57% | -11.96% | -1.26% | -10.94% | -11.03% | -12.83% | -12.84% | -6.1% | 1.8% | 0.64% | 3.95% | 11.06% | 7.04% | 30.47% | 10.33% | 0.25% | -5.34% | -5.54% |
| Operating Expenses | 989K | 2.13M | 3.49M | 3.84M | 3.78M | 3.52M | 3.49M | 3.82M | 3.18M | 3.24M | 3.26M | 3.33M | 3.23M | 3.12M | 3.34M | 3.13M | 3.1M | 2.93M | 3.24M | 3.8M |
| OpEx % of Revenue | 11.95% | 24.88% | 40.6% | 45.82% | 42.15% | 39.84% | 39.33% | 42.43% | 34.83% | 33.7% | 33.42% | 34.29% | 32.36% | 31.04% | 33.6% | 30.87% | 30.2% | 29.41% | 31.91% | 39.07% |
| Selling, General & Admin | 989K | 922K | 3.49M | 3.84M | 3.78M | 862K | 3.49M | 3.82M | 3.18M | 3.24M | 3.26M | 3.33M | 3.23M | 3.12M | 3.34M | 3.13M | 3.1M | 2.93M | 3.24M | 3.8M |
| SG&A % of Revenue | 11.95% | 10.78% | 40.6% | 45.82% | 42.15% | 9.75% | 39.33% | 42.43% | 34.83% | 33.7% | 33.42% | 34.29% | 32.36% | 31.04% | 33.6% | 30.87% | 30.2% | 29.41% | 31.91% | 39.07% |
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 1M | 1.51M | 1.5M | 830K | 1.56M | 1.74M | 1.85M | 1.49M | 2.23M | 2.67M | 2.75M | 2.76M | 2.98M | 3.17M | 2.56M | 2.92M | 2.88M | 2.74M | 2.27M | 838K |
| Operating Margin % | 12.13% | 17.67% | 17.38% | 9.9% | 17.44% | 19.73% | 20.79% | 16.53% | 24.44% | 27.83% | 28.19% | 28.37% | 29.94% | 31.52% | 25.7% | 28.86% | 28.03% | 27.44% | 22.28% | 8.62% |
| Operating Income Growth % | -35.81% | -13.3% | -19% | -44.22% | -29.93% | -34.78% | -32.76% | -46.03% | -25.2% | -15.73% | 7.47% | -5.68% | 3.79% | 15.93% | 12.85% | 248.81% | 25.93% | 25.09% | 1.75% | -35.88% |
| EBITDA | 1.33M | 1.83M | 1.83M | 1.14M | 1.93M | 2.04M | 2.14M | 1.84M | 2.6M | 3.02M | 3.1M | 3.1M | 3.32M | 3.51M | 2.89M | 3.26M | 3.21M | 3.07M | 2.6M | 1.17M |
| EBITDA Margin % | 16.02% | 21.39% | 21.23% | 13.62% | 21.51% | 23.12% | 24.1% | 20.47% | 28.42% | 31.39% | 31.77% | 31.9% | 33.29% | 34.88% | 29.06% | 32.15% | 31.28% | 30.81% | 25.56% | 12.01% |
| EBITDA Growth % | -31.26% | -10.47% | -14.67% | -38.04% | -25.66% | -32.25% | -30.82% | -40.55% | -21.79% | -14.07% | 7.09% | -4.79% | 3.4% | 14.25% | 11.24% | 178.77% | 23.04% | 22.33% | 2.28% | -14.81% |
| D&A (Non-Cash Add-back) | 322K | 318K | 331K | 312K | 365K | 300K | 294K | 355K | 363K | 343K | 348K | 343K | 334K | 338K | 334K | 333K | 334K | 336K | 333K | 330K |
| EBIT | 1M | 1.51M | 1.5M | 830K | 1.56M | 1.74M | 1.85M | 1.49M | 2.23M | 2.67M | 2.75M | 2.76M | 2.98M | 3.17M | 2.56M | 2.92M | 7.53M | 2.74M | 2.27M | 838K |
| Net Interest Income | 501K | 525K | 514K | 608K | 474K | 499K | 545K | 547K | 511K | 487K | 389K | 311K | 194K | 158K | 43K | 18K | -2K | 0 | 1K | 6K |
| Interest Income | 501K | 525K | 514K | 608K | 474K | 499K | 545K | 547K | 511K | 487K | 389K | 311K | 194K | 158K | 43K | 18K | 0 | 0 | 1K | 6K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2K | 0 | 0 | 0 |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | 7.94M | 7.85M | 8.64M | 5.05M | 7.14M | 7.56M | 7.8M | 6.51M | 7.73M | 4.59M | 6.36M | 5.27M | 6.92M | 5.72M | 5.87M | 5.32M | 7.53M | 10.33M | 7.46M | 9.28M |
| Pretax Margin % | 95.98% | 91.73% | 100.35% | 60.19% | 79.58% | 85.51% | 87.76% | 72.29% | 84.66% | 47.76% | 65.27% | 54.23% | 69.42% | 56.83% | 58.98% | 52.52% | 73.38% | 103.56% | 73.42% | 95.45% |
| Income Tax | 2.03M | 2.17M | 2.18M | 1.1M | 1.97M | 1.88M | 1.91M | 1.72M | 1.84M | 1.1M | 1.5M | 1.24M | 1.67M | 1.39M | 1.41M | 1.51M | 1.91M | 1.82M | 1.57M | 2.2M |
| Effective Tax Rate % | 25.59% | 27.6% | 25.2% | 21.73% | 27.65% | 24.8% | 24.5% | 26.49% | 23.87% | 24.01% | 23.59% | 23.47% | 24.15% | 24.31% | 23.99% | 28.43% | 25.42% | 17.66% | 20.99% | 23.74% |
| Net Income | 5.91M | 5.68M | 6.46M | 3.95M | 5.16M | 5.68M | 5.89M | 4.78M | 5.88M | 3.49M | 4.86M | 4.03M | 5.25M | 4.33M | 4.46M | 3.81M | 5.61M | 8.5M | 5.9M | 7.08M |
| Net Margin % | 71.41% | 66.41% | 75.06% | 47.11% | 57.58% | 64.3% | 66.27% | 53.14% | 64.45% | 36.3% | 49.87% | 41.5% | 52.65% | 43.02% | 44.83% | 37.59% | 54.73% | 85.27% | 58.01% | 72.79% |
| Net Income Growth % | 14.47% | -0.05% | 9.73% | -17.41% | -12.27% | 62.99% | 21.16% | 18.62% | 12.14% | -19.45% | 9% | 5.94% | -6.52% | -49.08% | -24.4% | -46.21% | -20.2% | 72.88% | 15.24% | 151.89% |
| Net Income (Continuing) | 5.91M | 5.68M | 6.46M | 3.95M | 5.16M | 5.68M | 5.89M | 4.78M | 5.88M | 3.49M | 4.86M | 4.03M | 5.25M | 4.33M | 4.46M | 3.81M | 5.61M | 8.5M | 5.9M | 7.08M |
| 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) | 0.63 | 0.60 | 0.69 | 0.42 | 0.55 | 0.60 | 0.63 | 0.51 | 0.62 | 0.37 | 0.52 | 0.43 | 0.55 | 0.46 | 0.47 | 0.40 | 0.59 | 0.89 | 0.62 | 0.74 |
| EPS Growth % | 14.55% | 0% | 9.52% | -17.65% | -11.29% | 62.16% | 21.15% | 18.6% | 12.73% | -19.57% | 10.64% | 7.5% | -6.78% | -48.31% | -24.19% | -45.95% | -6.35% | 74.51% | 12.73% | 155.17% |
| EPS (Basic) | 0.63 | 0.60 | 0.69 | 0.42 | 0.55 | 0.60 | 0.63 | 0.51 | 0.62 | 0.37 | 0.52 | 0.43 | 0.55 | 0.46 | 0.47 | 0.40 | 0.59 | 0.89 | 0.62 | 0.74 |
| Diluted Shares Outstanding | 9.39M | 9.41M | 9.41M | 9.41M | 9.42M | 9.42M | 9.42M | 9.42M | 9.43M | 9.43M | 9.43M | 9.43M | 9.46M | 9.47M | 9.48M | 9.6M | 9.54M | 9.55M | 9.56M | 9.56M |
| Basic Shares Outstanding | 9.39M | 9.41M | 9.41M | 9.41M | 9.42M | 9.42M | 9.42M | 9.42M | 9.43M | 9.43M | 9.43M | 9.43M | 9.46M | 9.47M | 9.48M | 9.52M | 9.54M | 9.55M | 9.56M | 9.56M |
| Dividend Payout Ratio | 51.74% | 53.82% | 47.35% | 71.5% | 54.74% | 49.69% | 48.02% | 55.16% | 44.84% | 75.72% | 54.37% | 58.52% | 45.05% | 54.71% | 53.34% | 55.11% | 37.41% | 24.73% | 35.68% | 28.43% |