CTS Corporation (CTS) 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 | 139.5M | 137.57M | 143.25M | 135.54M | 125.81M | 127.31M | 132.41M | 130.09M | 125.72M | 124.69M | 134.59M | 145.25M | 146.03M | 142.28M | 151.91M | 144.98M | 147.69M | 132.53M | 122.38M | 129.59M |
| Revenue Growth % | 10.88% | 8.06% | 8.18% | 4.19% | 0.07% | 2.1% | -1.62% | -10.43% | -13.9% | -12.36% | -11.4% | 0.18% | -1.13% | 7.36% | 24.13% | 11.88% | 15.2% | 7.63% | 7.49% | 54.04% |
| Cost of Goods Sold | 85.85M | 84.29M | 88M | 82.56M | 79.85M | 79.04M | 82.56M | 83.41M | 81.42M | 83.63M | 87.2M | 93.85M | 94.09M | 92.72M | 98.35M | 92.97M | 93.21M | 86.24M | 76.28M | 81.56M |
| COGS % of Revenue | 61.55% | 61.27% | 61.43% | 60.91% | 63.47% | 62.09% | 62.35% | 64.11% | 64.76% | 67.07% | 64.79% | 64.62% | 64.43% | 65.17% | 64.74% | 64.13% | 63.11% | 65.07% | 62.33% | 62.94% |
| Gross Profit | 53.64M | 53.28M | 55.25M | 52.98M | 45.96M | 48.27M | 49.85M | 46.69M | 44.31M | 41.06M | 47.39M | 51.39M | 51.94M | 49.56M | 53.56M | 52.01M | 54.49M | 46.3M | 46.1M | 48.02M |
| Gross Margin % | 38.45% | 38.73% | 38.57% | 39.09% | 36.53% | 37.91% | 37.65% | 35.89% | 35.24% | 32.93% | 35.21% | 35.38% | 35.57% | 34.83% | 35.26% | 35.87% | 36.89% | 34.93% | 37.67% | 37.06% |
| Gross Profit Growth % | 16.72% | 10.39% | 10.83% | 13.48% | 3.73% | 17.56% | 5.2% | -9.16% | -14.7% | -17.15% | -11.53% | -1.18% | -4.67% | 7.04% | 16.18% | 8.3% | 29.27% | 7.94% | 23.3% | 77.78% |
| Operating Expenses | 32.62M | 30.65M | 34.12M | 29.4M | 29.81M | 27.86M | 27.54M | 27.42M | 28.86M | 24.77M | 24.99M | 30.41M | 28.57M | 28.9M | 30.21M | 28.53M | 27.98M | 29.1M | 26.38M | 26.97M |
| OpEx % of Revenue | 23.38% | 22.28% | 23.82% | 21.69% | 23.7% | 21.88% | 20.8% | 21.08% | 22.96% | 19.86% | 18.57% | 20.94% | 19.56% | 20.31% | 19.89% | 19.68% | 18.95% | 21.96% | 21.55% | 20.81% |
| Selling, General & Admin | 25.98M | 24.8M | 27.22M | 23.08M | 23.62M | 22.18M | 22.51M | 21.33M | 22.26M | 19.48M | 18.67M | 23.69M | 21.98M | 23.49M | 24M | 22.24M | 21.79M | 23.41M | 19.92M | 20.94M |
| SG&A % of Revenue | 18.63% | 18.03% | 19% | 17.03% | 18.78% | 17.43% | 17% | 16.4% | 17.71% | 15.62% | 13.87% | 16.31% | 15.05% | 16.51% | 15.8% | 15.34% | 14.75% | 17.67% | 16.28% | 16.16% |
| Research & Development | 6.63M | 5.85M | 6.9M | 6.33M | 6.19M | 5.67M | 5.03M | 6.09M | 6.6M | 5.29M | 6.32M | 6.72M | 6.59M | 5.41M | 6.21M | 6.29M | 6.19M | 5.69M | 6.45M | 6.03M |
| R&D % of Revenue | 4.76% | 4.25% | 4.82% | 4.67% | 4.92% | 4.45% | 3.8% | 4.68% | 5.25% | 4.24% | 4.7% | 4.63% | 4.51% | 3.8% | 4.09% | 4.34% | 4.19% | 4.29% | 5.27% | 4.65% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 21.02M | 22.63M | 21.13M | 23.57M | 16.14M | 20.41M | 22.31M | 19.27M | 15.45M | 16.29M | 22.4M | 20.98M | 23.38M | 20.66M | 23.35M | 23.48M | 26.5M | 17.2M | 19.73M | 21.06M |
| Operating Margin % | 15.07% | 16.45% | 14.75% | 17.39% | 12.83% | 16.04% | 16.85% | 14.81% | 12.28% | 13.07% | 16.64% | 14.44% | 16.01% | 14.52% | 15.37% | 16.19% | 17.95% | 12.98% | 16.12% | 16.25% |
| Operating Income Growth % | 30.23% | 10.86% | -5.31% | 22.35% | 4.53% | 25.31% | -0.39% | -8.16% | -33.93% | -21.15% | -4.08% | -10.64% | -11.8% | 20.14% | 18.37% | 11.49% | 46.13% | -3.12% | 33.43% | 208.42% |
| EBITDA | 29.84M | 31.29M | 29.96M | 32.13M | 24.64M | 28.69M | 30.3M | 26.59M | 22.77M | 23.59M | 29.65M | 28.24M | 30.29M | 28.66M | 31.31M | 30.49M | 33.25M | 23.9M | 26.45M | 27.77M |
| EBITDA Margin % | 21.39% | 22.74% | 20.92% | 23.7% | 19.58% | 22.54% | 22.89% | 20.44% | 18.11% | 18.92% | 22.03% | 19.44% | 20.75% | 20.14% | 20.61% | 21.03% | 22.51% | 18.03% | 21.61% | 21.43% |
| EBITDA Growth % | 21.09% | 9.05% | -1.14% | 20.81% | 8.21% | 21.62% | 2.21% | -5.82% | -24.84% | -17.69% | -5.31% | -7.4% | -8.9% | 19.94% | 18.4% | 9.81% | 33.35% | -2.87% | 23.23% | 106.64% |
| D&A (Non-Cash Add-back) | 8.81M | 8.66M | 8.83M | 8.55M | 8.49M | 8.28M | 7.99M | 7.33M | 7.33M | 7.3M | 7.25M | 7.26M | 6.92M | 8M | 7.96M | 7.02M | 6.75M | 6.7M | 6.72M | 6.71M |
| EBIT | 21.02M | 22.63M | 21.13M | 23.57M | 16.14M | 19.02M | 24.2M | 19.07M | 14.96M | 19.04M | 20.33M | 17.48M | 23.94M | 21.74M | 17.72M | 17.63M | 26.46M | 15.1M | -89.5M | -280K |
| Net Interest Income | -424K | -640K | -886K | -741K | -1.03M | -812K | -334K | 608K | 585K | 716K | -45K | 254K | 369K | 14K | -175K | -339K | -366K | -383K | -284K | -251K |
| Interest Income | 480K | 531K | 535K | 622K | 447K | 482K | 973K | 1.44M | 1.39M | 1.54M | 952K | 1.07M | 1.06M | 716K | 167K | 263K | 180K | 151K | 230K | 257K |
| Interest Expense | 904K | 1.17M | 1.42M | 1.36M | 1.47M | 1.29M | 1.31M | 833K | 801K | 822K | 997K | 818K | 694K | 702K | 342K | 602K | 546K | 534K | 514K | 508K |
| Other Income/Expense | 648K | 2.32M | -1.41M | -593K | -23K | -3.06M | 135K | -1.5M | -1.79M | 1.34M | -3.66M | -4.9M | -667K | 111K | -6.05M | -6.56M | -758K | -2.44M | -109.55M | -21.66M |
| Pretax Income | 21.67M | 24.95M | 19.72M | 22.98M | 16.12M | 17.35M | 22.45M | 17.77M | 13.66M | 17.63M | 18.74M | 16.08M | 22.71M | 20.77M | 17.3M | 16.92M | 25.75M | 14.75M | -89.82M | -601K |
| Pretax Margin % | 15.54% | 18.14% | 13.77% | 16.96% | 12.81% | 13.63% | 16.95% | 13.66% | 10.86% | 14.14% | 13.92% | 11.07% | 15.55% | 14.6% | 11.39% | 11.67% | 17.43% | 11.13% | -73.39% | -0.46% |
| Income Tax | 4.48M | 5.21M | 6.03M | 4.46M | 2.75M | 3.75M | 3.76M | 3.06M | 2.54M | 2.31M | 4.77M | 3.18M | 4.37M | 5.83M | 5.5M | 4.32M | 5.51M | 5.59M | -25.92M | -1.48M |
| Effective Tax Rate % | 20.65% | 20.89% | 30.59% | 19.38% | 17.09% | 21.58% | 16.77% | 17.23% | 18.59% | 13.09% | 25.44% | 19.79% | 19.22% | 28.07% | 31.8% | 25.55% | 21.39% | 37.87% | 28.86% | 245.59% |
| Net Income | 17.2M | 19.74M | 13.69M | 18.53M | 13.37M | 13.61M | 18.68M | 14.71M | 11.12M | 15.32M | 13.97M | 12.9M | 18.34M | 14.94M | 11.8M | 12.6M | 20.24M | 9.16M | -63.9M | 875K |
| Net Margin % | 12.33% | 14.35% | 9.55% | 13.67% | 10.62% | 10.69% | 14.11% | 11.31% | 8.84% | 12.29% | 10.38% | 8.88% | 12.56% | 10.5% | 7.77% | 8.69% | 13.7% | 6.92% | -52.21% | 0.68% |
| Net Income Growth % | 28.65% | 45.06% | -26.74% | 25.97% | 20.22% | -11.19% | 33.73% | 14.03% | -39.39% | 2.54% | 18.42% | 2.37% | -9.36% | 63.01% | 118.46% | 1339.77% | 68.8% | -38.68% | -677.04% | -81.98% |
| Net Income (Continuing) | 17.2M | 19.74M | 13.69M | 18.53M | 13.37M | 13.61M | 18.68M | 14.71M | 11.12M | 15.32M | 13.97M | 12.9M | 18.34M | 14.94M | 11.8M | 12.6M | 20.24M | 9.16M | -63.9M | 875K |
| 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) | 0.59 | 0.67 | 0.46 | 0.62 | 0.44 | 0.44 | 0.61 | 0.48 | 0.36 | 0.49 | 0.44 | 0.41 | 0.58 | 0.47 | 0.37 | 0.39 | 0.63 | 0.28 | -1.97 | 0.03 |
| EPS Growth % | 34.09% | 52.27% | -24.59% | 29.17% | 22.22% | -10.2% | 38.64% | 17.07% | -37.93% | 4.26% | 18.92% | 5.13% | -7.94% | 67.86% | 118.78% | 1200% | 70.27% | -39.13% | -679.41% | -80% |
| EPS (Basic) | 0.60 | 0.68 | 0.47 | 0.62 | 0.45 | 0.45 | 0.62 | 0.48 | 0.36 | 0.49 | 0.45 | 0.41 | 0.58 | 0.47 | 0.37 | 0.39 | 0.63 | 0.28 | -1.97 | 0.03 |
| Diluted Shares Outstanding | 29M | 29.25M | 29.63M | 29.99M | 30.33M | 30.72M | 30.54M | 30.73M | 30.99M | 31.24M | 31.51M | 31.68M | 31.89M | 32.04M | 32.09M | 32.24M | 32.33M | 32.43M | 32.38M | 32.63M |
| Basic Shares Outstanding | 28.69M | 28.95M | 29.35M | 29.74M | 30.01M | 30.08M | 30.3M | 30.51M | 30.74M | 31.02M | 31.3M | 31.49M | 31.63M | 31.82M | 31.86M | 32.04M | 32.12M | 32.21M | 32.38M | 32.4M |
| Dividend Payout Ratio | 6.69% | 5.91% | 8.64% | 6.48% | 8.98% | 8.88% | 6.51% | 8.34% | 11.09% | 8.15% | 9% | 9.79% | 6.93% | 8.54% | 10.84% | 10.22% | 6.37% | 14.09% | - | 147.89% |