Calumet, Inc. (CLMT) 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 | 1.03B | 1.04B | 1.08B | 1.03B | 993.9M | 949.5M | 1.1B | 1.13B | 1.01B | 976.9M | 1.15B | 1.02B | 1.04B | 999.8M | 1.17B | 1.42B | 1.1B | 865.8M | 874.9M | 807M |
| Revenue Growth % | 3.6% | 9.38% | -2.04% | -9.45% | -1.18% | -2.8% | -4.26% | 11.39% | -3.04% | -2.29% | -1.34% | -28.53% | -5.52% | 15.48% | 33.16% | 76.46% | 82.89% | 56.31% | 54.03% | 77.87% |
| Cost of Goods Sold | 1.12B | 1.04B | 704.3M | 1.07B | 1.08B | 865.9M | 1.1B | 1.07B | 927.3M | 954.9M | 887.9M | 946.3M | 940.7M | 964.9M | 1.03B | 1.28B | 1.07B | 833.3M | 741.6M | 787.9M |
| COGS % of Revenue | 108.5% | 100.29% | 65.33% | 104.25% | 108.19% | 91.2% | 99.55% | 94.37% | 92.2% | 97.75% | 77.25% | 92.97% | 90.69% | 96.51% | 88.04% | 89.89% | 97.02% | 96.25% | 84.76% | 97.63% |
| Gross Profit | -87.5M | -3M | 373.7M | -43.6M | -81.4M | 83.6M | 4.9M | 63.8M | 78.5M | 22M | 261.5M | 71.5M | 96.6M | 34.9M | 139.3M | 143.9M | 32.7M | 32.5M | 133.3M | 19.1M |
| Gross Margin % | -8.5% | -0.29% | 34.67% | -4.25% | -8.19% | 8.8% | 0.45% | 5.63% | 7.8% | 2.25% | 22.75% | 7.03% | 9.31% | 3.49% | 11.96% | 10.11% | 2.98% | 3.75% | 15.24% | 2.37% |
| Gross Profit Growth % | -7.49% | -103.59% | 7526.53% | -168.34% | -203.69% | 280% | -98.13% | -10.77% | -18.74% | -36.96% | 87.72% | -50.31% | 195.41% | 7.38% | 4.5% | 653.4% | 177.86% | 48.4% | 707.88% | -67.35% |
| Operating Expenses | 83.8M | 60.2M | 50.8M | 57.4M | -32.7M | 60.9M | 62M | 57.6M | 42.2M | 34.5M | 48.5M | 46.4M | 53.6M | 61.8M | 57.4M | 48.2M | 50M | 71.2M | 40M | 52.6M |
| OpEx % of Revenue | 8.14% | 5.8% | 4.71% | 5.59% | -3.29% | 6.41% | 5.63% | 5.08% | 4.2% | 3.53% | 4.22% | 4.56% | 5.17% | 6.18% | 4.93% | 3.38% | 4.55% | 8.22% | 4.57% | 6.52% |
| Selling, General & Admin | 78.3M | 51.7M | 42.3M | 53.3M | 24.4M | 56.5M | 55.1M | 52.6M | 37M | 42M | 52.6M | 41.2M | 50.6M | 56.1M | 54.9M | 38.7M | 45.2M | 66.6M | 43.3M | 44.2M |
| SG&A % of Revenue | 7.6% | 4.98% | 3.92% | 5.19% | 2.46% | 5.95% | 5.01% | 4.64% | 3.68% | 4.3% | 4.58% | 4.05% | 4.88% | 5.61% | 4.71% | 2.72% | 4.12% | 7.69% | 4.95% | 5.48% |
| 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 | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | -1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K |
| Operating Income | -171.3M | -63.2M | 322.9M | -101M | -48.7M | 22.7M | -57.1M | 6.2M | 36.3M | -12.5M | 213M | 25.1M | 43M | -26.9M | 81.9M | 95.7M | -17.3M | -38.7M | 93.3M | -33.5M |
| Operating Margin % | -16.64% | -6.09% | 29.95% | -9.84% | -4.9% | 2.39% | -5.19% | 0.55% | 3.61% | -1.28% | 18.53% | 2.47% | 4.15% | -2.69% | 7.03% | 6.72% | -1.58% | -4.47% | 10.66% | -4.15% |
| Operating Income Growth % | -251.75% | -378.41% | 665.5% | -1729.03% | -234.16% | 281.6% | -126.81% | -75.3% | -15.58% | 53.53% | 160.07% | -73.77% | 348.55% | 30.49% | -12.22% | 385.67% | 83.79% | 3.25% | 402.92% | -246.29% |
| EBITDA | -129.9M | -18.6M | 276.2M | -53.1M | -2M | 35.1M | -11.8M | 52.1M | 81.7M | 11.6M | 159M | 33.9M | 68.3M | -35.1M | 57.9M | 27.9M | -43.2M | -46.9M | 90.1M | -40.6M |
| EBITDA Margin % | -12.62% | -1.79% | 25.62% | -5.17% | -0.2% | 3.7% | -1.07% | 4.6% | 8.12% | 1.19% | 13.83% | 3.33% | 6.58% | -3.51% | 4.97% | 1.96% | -3.93% | -5.42% | 10.3% | -5.03% |
| EBITDA Growth % | -6395% | -152.99% | 2440.68% | -201.92% | -102.45% | 202.59% | -107.42% | 53.69% | 19.62% | 133.05% | 174.61% | 21.51% | 258.1% | 25.16% | -35.74% | 168.72% | 61.32% | -242.34% | 2058.7% | -182.69% |
| D&A (Non-Cash Add-back) | 41.4M | 44.6M | -46.7M | 47.9M | 46.7M | 12.4M | 45.3M | 45.9M | 45.4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EBIT | -171.3M | -38.3M | 325.6M | -94.8M | -103.1M | 20.1M | -42.2M | 18.2M | 19.4M | 11.6M | 159M | 33.9M | 68.3M | -35.1M | 57.9M | 27.9M | -43.2M | -46.9M | 90.1M | -40.6M |
| Net Interest Income | 51.1M | -50.8M | -53.6M | -52.9M | -58.5M | -61.4M | -57.7M | -56.8M | -60.8M | -58M | -58.7M | -55.8M | -49.2M | -39.9M | -41.8M | -42.6M | -51.6M | -40.2M | -38.2M | -36.9M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | -51.1M | 50.8M | 53.6M | 52.9M | 58.5M | 61.4M | 57.7M | 56.8M | 60.8M | 58M | 58.7M | 55.8M | 49.2M | 39.9M | 41.8M | 42.6M | 51.6M | 40.2M | 38.2M | 36.9M |
| Other Income/Expense | -166.5M | -25.9M | -50.9M | -46.7M | -112.9M | -64M | -42.8M | -44.8M | -77.7M | -33.9M | -112.7M | -47M | -23.9M | -48.1M | -65.8M | -110.4M | -77.5M | -48.4M | -41.4M | -44M |
| Pretax Income | -337.8M | -89.1M | 272M | -147.7M | -161.6M | -41.3M | -99.9M | -38.6M | -41.4M | -46.4M | 100.3M | -21.9M | 19.1M | -75M | 16.1M | -14.7M | -94.8M | -87.1M | 51.9M | -77.5M |
| Pretax Margin % | -32.81% | -8.58% | 25.23% | -14.39% | -16.26% | -4.35% | -9.08% | -3.4% | -4.12% | -4.75% | 8.73% | -2.15% | 1.84% | -7.5% | 1.38% | -1.03% | -8.63% | -10.06% | 5.93% | -9.6% |
| Income Tax | -20.8M | -51.8M | -41.4M | 200K | 400K | -600K | 700K | 500K | 200K | 200K | 500K | 400K | 500K | 600K | 1.5M | 600K | 700K | 0 | 400K | 900K |
| Effective Tax Rate % | 6.16% | 58.14% | -15.22% | -0.14% | -0.25% | 1.45% | -0.7% | -1.3% | -0.48% | -0.43% | 0.5% | -1.83% | 2.62% | -0.8% | 9.32% | -4.08% | -0.74% | 0% | 0.77% | -1.16% |
| Net Income | -317M | -37.3M | 313.4M | -147.9M | -162M | -40.7M | -100.6M | -38.3M | -40.8M | -65.2M | 99.8M | -22.3M | 18.6M | -70M | 15.9M | -15.3M | -95.5M | -87.1M | 51.5M | -78.4M |
| Net Margin % | -30.79% | -3.59% | 29.07% | -14.41% | -16.3% | -4.29% | -9.14% | -3.38% | -4.06% | -6.67% | 8.68% | -2.19% | 1.79% | -7% | 1.36% | -1.07% | -8.7% | -10.06% | 5.89% | -9.71% |
| Net Income Growth % | -95.68% | 8.35% | 411.53% | -286.16% | -297.06% | 37.58% | -200.8% | -71.75% | -319.35% | 6.86% | 527.67% | -45.75% | 119.48% | 19.63% | -69.13% | 80.48% | 34.63% | -6.09% | 193.64% | -2340% |
| Net Income (Continuing) | -317M | -37.3M | 313.4M | -147.9M | -162M | -40.7M | -100.6M | -39.1M | -41.6M | -46.6M | 99.8M | -22.3M | 18.6M | -75.6M | 14.6M | -15.3M | -95.5M | -87.1M | 51.5M | -78.4M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 250.6M | 245.6M | 245.6M | 245.6M | 245.6M | 246.5M | 245.6M | 245.3M | 246.1M | 246.9M | 252.8M | 250.7M | 251.1M | 245.9M | 201.9M | 1.6M | 1.9M | 3.8M | 5.5M | 4.5M |
| EPS (Diluted) | -3.64 | -0.43 | 3.61 | -1.70 | -1.87 | -0.47 | -1.18 | -0.48 | -0.51 | -0.59 | 1.24 | -0.27 | 0.24 | -0.86 | 0.19 | -0.19 | -1.21 | -1.10 | 0.64 | -0.99 |
| EPS Growth % | -94.65% | 8.51% | 405.93% | -254.17% | -266.67% | 20.34% | -195.16% | -77.78% | -312.5% | 31.4% | 552.63% | -42.11% | 119.83% | 21.82% | -70.31% | 80.81% | 34.95% | -4.76% | 190.14% | -2080% |
| EPS (Basic) | -3.64 | -0.43 | 3.61 | -1.70 | -1.87 | -0.47 | -1.18 | -0.48 | -0.51 | -0.59 | 1.24 | -0.27 | 0.24 | -0.86 | 0.20 | -0.19 | -1.21 | -1.10 | 0.64 | -0.99 |
| Diluted Shares Outstanding | 87M | 86.91M | 86.71M | 86.8M | 86.43M | 86.09M | 85.53M | 80.56M | 80.35M | 80.17M | 80.28M | 80.15M | 79.94M | 79.51M | 80.46M | 79.42M | 79.07M | 79.05M | 78.97M | 78.93M |
| Basic Shares Outstanding | 87M | 86.91M | 86.71M | 86.8M | 86.43M | 86.09M | 85.53M | 80.56M | 80.35M | 80.17M | 80.17M | 80.15M | 79.83M | 79.51M | 79.38M | 78.95M | 79.07M | 79.04M | 78.92M | 78.93M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |