Ashland Inc. (ASH) quarterly income statement — complete revenue, gross profit & net income history
| Metric | 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 | Q3'21 |
|---|
| Sales/Revenue | 482M | 386M | 478M | 463M | 479M | 405M | 522M | 544M | 575M | 473M | 517M | 546M | 603M | 525M | 632M | 644M | 604M | 512M | 325M | 543M |
| Revenue Growth % | 0.63% | -4.69% | -8.43% | -14.89% | -16.7% | -14.38% | 0.97% | -0.37% | -4.64% | -9.9% | -18.2% | -15.22% | -0.17% | 2.54% | 94.46% | 18.6% | 18.66% | 9.4% | -46.63% | -5.4% |
| Cost of Goods Sold | 335M | 306M | 319M | 331M | 332M | 294M | 348M | 358M | 414M | 375M | 389M | 368M | 406M | 360M | 422M | 404M | 384M | 351M | 221M | 370M |
| COGS % of Revenue | 69.5% | 79.27% | 66.74% | 71.49% | 69.31% | 72.59% | 66.67% | 65.81% | 72% | 79.28% | 75.24% | 67.4% | 67.33% | 68.57% | 66.77% | 62.73% | 63.58% | 68.55% | 68% | 68.14% |
| Gross Profit | 147M | 80M | 159M | 132M | 147M | 111M | 174M | 186M | 161M | 98M | 128M | 178M | 197M | 165M | 210M | 240M | 220M | 161M | 104M | 173M |
| Gross Margin % | 30.5% | 20.73% | 33.26% | 28.51% | 30.69% | 27.41% | 33.33% | 34.19% | 28% | 20.72% | 24.76% | 32.6% | 32.67% | 31.43% | 33.23% | 37.27% | 36.42% | 31.45% | 32% | 31.86% |
| Gross Profit Growth % | 0% | -27.93% | -8.62% | -29.03% | -8.7% | 13.27% | 35.94% | 4.49% | -18.27% | -40.61% | -39.05% | -25.83% | -10.45% | 2.48% | 101.92% | 38.73% | 37.5% | 9.52% | -35.4% | -11.73% |
| Operating Expenses | 93M | 86M | 98M | 840M | 96M | 290M | 143M | 247M | 140M | 116M | 138M | 116M | 114M | 128M | 89M | 128M | 120M | 119M | 97M | 128M |
| OpEx % of Revenue | 19.29% | 22.28% | 20.5% | 181.43% | 20.04% | 71.6% | 27.39% | 45.4% | 24.35% | 24.52% | 26.69% | 21.25% | 18.91% | 24.38% | 14.08% | 19.88% | 19.87% | 23.24% | 29.85% | 23.57% |
| Selling, General & Admin | 79M | 73M | 73M | 106M | 85M | 78M | 101M | 114M | 106M | 83M | 109M | 82M | 79M | 93M | 94M | 127M | 90M | 82M | 69M | 93M |
| SG&A % of Revenue | 16.39% | 18.91% | 15.27% | 22.89% | 17.75% | 19.26% | 19.35% | 20.96% | 18.43% | 17.55% | 21.08% | 15.02% | 13.1% | 17.71% | 14.87% | 19.72% | 14.9% | 16.02% | 21.23% | 17.13% |
| Research & Development | 14M | 13M | 13M | 13M | 14M | 13M | 13M | 15M | 14M | 12M | 14M | 12M | 12M | 13M | 15M | 14M | 13M | 13M | 6M | 13M |
| R&D % of Revenue | 2.9% | 3.37% | 2.72% | 2.81% | 2.92% | 3.21% | 2.49% | 2.76% | 2.43% | 2.54% | 2.71% | 2.2% | 1.99% | 2.48% | 2.37% | 2.17% | 2.15% | 2.54% | 1.85% | 2.39% |
| Other Operating Expenses | 0 | 0 | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | -1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 39M | -6M | 61M | -708M | 51M | -179M | 31M | -61M | 21M | -18M | -10M | 62M | 83M | 37M | 121M | 112M | 100M | 42M | 7M | 45M |
| Operating Margin % | 8.09% | -1.55% | 12.76% | -152.92% | 10.65% | -44.2% | 5.94% | -11.21% | 3.65% | -3.81% | -1.93% | 11.36% | 13.76% | 7.05% | 19.15% | 17.39% | 16.56% | 8.2% | 2.15% | 8.29% |
| Operating Income Growth % | -23.53% | 96.65% | 96.77% | -1060.66% | 142.86% | -894.44% | 410% | -198.39% | -74.7% | -148.65% | -108.26% | -44.64% | -17% | -11.9% | 1628.57% | 148.89% | 108.33% | 147.06% | -53.33% | -6.25% |
| EBITDA | 39M | 52M | 111M | -632M | 111M | -128M | 84M | 0 | 104M | 59M | 52M | 123M | 144M | 96M | 180M | 173M | 161M | 102M | 62M | 107M |
| EBITDA Margin % | 8.09% | 13.47% | 23.22% | -136.5% | 23.17% | -31.6% | 16.09% | - | 18.09% | 12.47% | 10.06% | 22.53% | 23.88% | 18.29% | 28.48% | 26.86% | 26.66% | 19.92% | 19.08% | 19.71% |
| EBITDA Growth % | -64.86% | 140.63% | 32.14% | - | 6.73% | -316.95% | 61.54% | -100% | -27.78% | -38.54% | -71.11% | -28.9% | -10.56% | -5.88% | 190.32% | 61.68% | 50.47% | 34.21% | -21.52% | -1.83% |
| D&A (Non-Cash Add-back) | 0 | 58M | 50M | 76M | 60M | 51M | 53M | 61M | 83M | 77M | 62M | 61M | 61M | 59M | 59M | 61M | 61M | 60M | 55M | 62M |
| EBIT | 0 | 2M | 80M | -689M | 54M | -194M | 40M | -58M | 30M | 17M | -24M | 75M | 105M | 64M | 75M | 66M | 74M | 53M | -14M | 63M |
| Net Interest Income | 0 | -15M | -15M | -14M | -14M | -13M | -13M | -9M | -14M | -12M | -9M | -13M | -12M | -7M | -13M | -14M | -17M | -17M | -18M | -18M |
| Interest Income | 0 | 2M | 1M | 1M | 1M | 2M | 2M | 3M | 2M | 3M | 3M | 2M | 3M | 8M | 4M | 0 | 0 | 0 | 1M | 0 |
| Interest Expense | 18M | 17M | 16M | 15M | 15M | 15M | 15M | 12M | 16M | 15M | 12M | 15M | 15M | 15M | 17M | 14M | 17M | 17M | 19M | 18M |
| Other Income/Expense | -19M | -9M | 3M | 4M | -12M | -30M | -6M | -9M | -4M | 22M | -27M | -5M | 8M | 13M | -61M | -60M | -42M | -5M | -40M | 1M |
| Pretax Income | 20M | -15M | 64M | -704M | 39M | -209M | 25M | -70M | 17M | 4M | -37M | 57M | 91M | 50M | 60M | 52M | 58M | 37M | -33M | 46M |
| Pretax Margin % | 4.15% | -3.89% | 13.39% | -152.05% | 8.14% | -51.6% | 4.79% | -12.87% | 2.96% | 0.85% | -7.16% | 10.44% | 15.09% | 9.52% | 9.49% | 8.07% | 9.6% | 7.23% | -10.15% | 8.47% |
| Income Tax | 5M | -1M | 31M | 15M | 9M | -43M | 6M | -101M | -104M | -24M | -29M | 15M | -1M | 8M | 0 | 1M | 20M | 5M | -16M | -26M |
| Effective Tax Rate % | 25% | 6.67% | 48.44% | -2.13% | 23.08% | 20.57% | 24% | 144.29% | -611.76% | -600% | 78.38% | 26.32% | -1.1% | 16% | 0% | 1.92% | 34.48% | 13.51% | 48.48% | -56.52% |
| Net Income | 16M | -12M | 32M | -742M | 31M | -165M | 16M | 6M | 120M | 26M | -4M | 50M | 91M | 40M | 57M | 36M | 786M | 48M | 44M | 80M |
| Net Margin % | 3.32% | -3.11% | 6.69% | -160.26% | 6.47% | -40.74% | 3.07% | 1.1% | 20.87% | 5.5% | -0.77% | 9.16% | 15.09% | 7.62% | 9.02% | 5.59% | 130.13% | 9.38% | 13.54% | 14.73% |
| Net Income Growth % | -48.39% | 92.73% | 100% | -12466.67% | -74.17% | -734.62% | 500% | -88% | 31.87% | -35% | -107.02% | 38.89% | -88.42% | -16.67% | 29.55% | -55% | 1817.07% | -14.29% | 780% | 116.22% |
| Net Income (Continuing) | 16M | -14M | 33M | -719M | 30M | -166M | 19M | 31M | 121M | 28M | -8M | 42M | 92M | 42M | 60M | 51M | 38M | 32M | -17M | 72M |
| Discontinued Operations | 0 | 1000K | -1000K | -1000K | 1000K | 1000K | -1000K | -1000K | -1000K | -1000K | 1000K | 1000K | -1000K | -1000K | -1000K | -1000K | 1000K | 1000K | 1000K | 1000K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.35 | -0.26 | 0.70 | -16.13 | 0.65 | -3.50 | 0.33 | 0.12 | 2.39 | 0.51 | -0.08 | 0.96 | 1.65 | 0.76 | 1.04 | 0.65 | 13.69 | 0.83 | 0.70 | 1.29 |
| EPS Growth % | -46.15% | 92.57% | 112.12% | -13541.67% | -72.8% | -786.27% | 520.92% | -87.5% | 44.85% | -32.89% | -107.54% | 47.69% | -87.95% | -8.43% | 48.57% | -49.61% | 1943.28% | -8.79% | 753.66% | 111.48% |
| EPS (Basic) | 0.35 | -0.26 | 0.70 | -16.13 | 0.68 | -3.50 | 0.34 | 0.12 | 2.42 | 0.51 | -0.08 | 0.81 | 1.69 | 0.77 | 1.06 | 0.66 | 14.41 | 0.56 | 0.75 | 1.32 |
| Diluted Shares Outstanding | 46M | 46.15M | 46M | 46M | 47M | 47.18M | 49M | 51M | 51M | 51M | 51M | 53M | 55M | 55M | 55M | 55M | 57M | 58M | 61M | 62M |
| Basic Shares Outstanding | 46M | 46.15M | 46M | 46M | 45.69M | 47.18M | 47M | 50M | 50M | 51M | 51M | 51.24M | 54.17M | 54.27M | 54M | 54.14M | 54.53M | 87.27M | 57M | 60.73M |
| Dividend Payout Ratio | - | - | 59.38% | - | 61.29% | - | 118.75% | 333.33% | 15.83% | 76.92% | - | 40% | 19.78% | 45% | 31.58% | 50% | 2.16% | 35.42% | 40.91% | 23.75% |