The Eastern Company (EML) 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 | 59.68M | 57.53M | 55.34M | 70.16M | 63.31M | 66.68M | 71.27M | 72.56M | 64.62M | 66.99M | 65.64M | 68.34M | 72.5M | 69.07M | 71.64M | 69.54M | 69.01M | 59.62M | 63.88M | 61.25M |
| Revenue Growth % | -5.74% | -13.72% | -22.36% | -3.31% | -2.03% | -0.45% | 8.59% | 6.18% | -10.86% | -3.02% | -8.38% | -1.73% | 5.04% | 15.85% | 12.15% | 13.54% | 11.72% | -1.35% | 14.67% | 55.03% |
| Cost of Goods Sold | 47.93M | 45.25M | 43.11M | 53.67M | 48.83M | 51.32M | 53.09M | 54.11M | 49.17M | 49.05M | 49.26M | 53.19M | 57M | 57.6M | 55.06M | 53.55M | 54.44M | 47.56M | 48.66M | 47.27M |
| COGS % of Revenue | 80.32% | 78.66% | 77.91% | 76.49% | 77.13% | 76.96% | 74.48% | 74.57% | 76.09% | 73.23% | 75.05% | 77.83% | 78.62% | 83.39% | 76.85% | 77.01% | 78.88% | 79.77% | 76.18% | 77.18% |
| Gross Profit | 11.74M | 12.28M | 12.22M | 16.5M | 14.48M | 15.36M | 18.19M | 18.46M | 15.45M | 17.93M | 16.38M | 15.15M | 15.5M | 11.47M | 16.58M | 15.99M | 14.58M | 12.06M | 15.22M | 13.98M |
| Gross Margin % | 19.68% | 21.34% | 22.09% | 23.51% | 22.87% | 23.04% | 25.52% | 25.43% | 23.91% | 26.77% | 24.95% | 22.17% | 21.38% | 16.61% | 23.15% | 22.99% | 21.12% | 20.23% | 23.82% | 22.82% |
| Gross Profit Growth % | -18.89% | -20.06% | -32.79% | -10.62% | -6.31% | -14.34% | 11.08% | 21.84% | -0.29% | 56.31% | -1.24% | -5.25% | 6.33% | -4.91% | 8.97% | 14.39% | -6.02% | -7.68% | 13.63% | 35.44% |
| Operating Expenses | 10.6M | 10.97M | 10.64M | 13.22M | 10.96M | 12.36M | 11.39M | 12.44M | 12.04M | 12.59M | 11.13M | 12.72M | 13.34M | 11.15M | 11.13M | 11.1M | 11.06M | 8.49M | 10.4M | 10.46M |
| OpEx % of Revenue | 17.77% | 19.06% | 19.23% | 18.84% | 17.3% | 18.54% | 15.99% | 17.15% | 18.64% | 18.79% | 16.95% | 18.61% | 18.4% | 16.15% | 15.54% | 15.96% | 16.03% | 14.24% | 16.29% | 17.08% |
| Selling, General & Admin | 9.57M | 10.04M | 9.65M | 12.19M | 9.85M | 11.22M | 10.32M | 11.14M | 10.68M | 11.25M | 9.7M | 11.29M | 11.94M | 9.38M | 10.12M | 10.14M | 9.87M | 7.46M | 9.44M | 9.38M |
| SG&A % of Revenue | 16.04% | 17.45% | 17.43% | 17.37% | 15.55% | 16.82% | 14.47% | 15.35% | 16.53% | 16.8% | 14.78% | 16.52% | 16.47% | 13.58% | 14.13% | 14.58% | 14.29% | 12.51% | 14.78% | 15.31% |
| Research & Development | 1.04M | 927.8K | 995.77K | 1.03M | 1.11M | 1.15M | 1.08M | 1.3M | 1.36M | 1.33M | 1.43M | 1.43M | 1.4M | 1.07M | 1.01M | 959.36K | 1.2M | 1.03M | 962.92K | 1.09M |
| R&D % of Revenue | 1.73% | 1.61% | 1.8% | 1.47% | 1.75% | 1.72% | 1.51% | 1.79% | 2.1% | 1.99% | 2.17% | 2.09% | 1.93% | 1.55% | 1.41% | 1.38% | 1.73% | 1.73% | 1.51% | 1.78% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 699.87K | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 1.14M | 1.31M | 1.58M | 3.28M | 3.52M | 3M | 6.79M | 6.01M | 3.41M | 5.35M | 5.25M | 2.43M | 2.16M | 319.68K | 5.45M | 4.89M | 3.51M | 3.57M | 4.81M | 3.51M |
| Operating Margin % | 1.91% | 2.28% | 2.86% | 4.67% | 5.56% | 4.49% | 9.53% | 8.29% | 5.28% | 7.98% | 8% | 3.55% | 2.98% | 0.46% | 7.6% | 7.03% | 5.09% | 6% | 7.53% | 5.74% |
| Operating Income Growth % | -67.69% | -56.17% | -76.72% | -45.52% | 3.29% | -43.97% | 29.43% | 147.73% | 57.96% | 1572.61% | -3.62% | -50.32% | -38.55% | -91.06% | 13.19% | 39.11% | -36.67% | 509% | 11.99% | 22.97% |
| EBITDA | 3.52M | 1.31M | 3.95M | 3.28M | 8.82M | 4.62M | 7.32M | 7.88M | 5.29M | 7.34M | 7.1M | 4.23M | 3.97M | 2.17M | 7.2M | 6.69M | 5.34M | 5.63M | 6.47M | 5.23M |
| EBITDA Margin % | 5.9% | 2.28% | 7.13% | 4.67% | 13.93% | 6.92% | 10.27% | 10.86% | 8.18% | 10.96% | 10.82% | 6.2% | 5.48% | 3.13% | 10.06% | 9.62% | 7.74% | 9.44% | 10.13% | 8.55% |
| EBITDA Growth % | -60.11% | -71.56% | -46.06% | -58.42% | 66.86% | -37.1% | 3.08% | 86.11% | 33.03% | 239.04% | -1.44% | -36.7% | -25.64% | -61.52% | 11.35% | 27.78% | -27.37% | 92.69% | 6.92% | 30.42% |
| D&A (Non-Cash Add-back) | 2.38M | 0 | 2.37M | 0 | 5.3M | 1.62M | 524.07K | 1.87M | 1.88M | 1.99M | 1.85M | 1.81M | 1.81M | 1.85M | 1.76M | 1.8M | 1.83M | 2.05M | 1.66M | 1.72M |
| EBIT | 1.14M | 1.31M | 1.58M | 3.28M | 3.52M | 2.73M | 6.71M | 5.99M | 3.42M | 5.18M | 5.11M | 2.68M | 1.53M | 713.1K | 6.57M | 5.4M | 4M | 3.59M | 5.22M | 4.04M |
| Net Interest Income | -527.51K | -665.24K | -688.42K | -636.29K | -617.47K | -671.66K | -709.68K | -746.94K | -676.03K | -931.71K | -1.07M | -781.1K | -726.01K | -691.72K | -645.77K | -503.79K | -434.33K | -359.21K | -427.22K | -434.15K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 527.51K | 665.24K | 688.42K | 636.29K | 617.47K | 671.66K | 709.68K | 746.94K | 676.03K | 931.71K | 1.07M | 781.1K | 726.01K | 691.72K | 645.77K | 503.79K | 434.33K | 359.21K | 427.22K | 434.15K |
| Other Income/Expense | -327.65K | -28.13K | -705.04K | -695.1K | -1.11M | -932.61K | -792.38K | -767.01K | -666.03K | -1.1M | -1.2M | -528.92K | -1.36M | -298.29K | 472.68K | 8.02K | 54.19K | -346.78K | -20.03K | 90.98K |
| Pretax Income | 810.39K | 1.28M | 876.65K | 2.58M | 2.41M | 2.06M | 6M | 5.25M | 2.74M | 4.24M | 4.05M | 1.9M | 802.16K | 21.39K | 5.92M | 4.89M | 3.57M | 3.23M | 4.79M | 3.6M |
| Pretax Margin % | 1.36% | 2.23% | 1.58% | 3.68% | 3.81% | 3.09% | 8.42% | 7.23% | 4.25% | 6.34% | 6.16% | 2.78% | 1.11% | 0.03% | 8.26% | 7.04% | 5.17% | 5.41% | 7.5% | 5.88% |
| Income Tax | 170.26K | 99.93K | 297.71K | 546.38K | 507.18K | 523.31K | 1.33M | 1.18M | 608.63K | 728.24K | 984.29K | 499.56K | 194.84K | -145.91K | 1.42M | 1.19M | 881.13K | -685.09K | 971.88K | 848.3K |
| Effective Tax Rate % | 21.01% | 7.78% | 33.96% | 21.17% | 21.01% | 25.36% | 22.22% | 22.43% | 22.18% | 17.16% | 24.33% | 26.31% | 24.29% | -682.3% | 24.04% | 24.39% | 24.7% | -21.22% | 20.28% | 23.54% |
| Net Income | 640.13K | 1.17M | 578.94K | 1.42M | 1.94M | 1.31M | -15.3M | 3.51M | 1.95M | 3.52M | 3.06M | 1.4M | 607.31K | 376.29K | 4.86M | 4.04M | 3.03M | 2.01M | 5.96M | -4.47M |
| Net Margin % | 1.07% | 2.03% | 1.05% | 2.03% | 3.07% | 1.97% | -21.46% | 4.83% | 3.01% | 5.25% | 4.67% | 2.05% | 0.84% | 0.54% | 6.78% | 5.8% | 4.39% | 3.36% | 9.33% | -7.3% |
| Net Income Growth % | -67.07% | -10.88% | 103.78% | -59.42% | -0.2% | -62.67% | -599.6% | 150.7% | 220.69% | 834.53% | -36.98% | -65.34% | -79.96% | -81.24% | -18.5% | 190.23% | -48.12% | 41.9% | 99.74% | -136.86% |
| Net Income (Continuing) | 640.13K | 1.19M | 578.94K | 2.03M | 1.91M | 1.54M | 4.67M | 4.07M | 2.14M | 3.52M | 3.06M | 1.4M | 607.31K | 167.29K | 4.5M | 3.7M | 2.69M | 3.91M | 3.82M | 2.76M |
| Discontinued Operations | 0 | -15.06K | 0 | -611.52K | 36.88K | -227.03K | -1000K | -562.32K | -187.84K | 0 | 0 | 0 | 0 | 208.99K | 362.32K | 335.83K | 344.32K | -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) | 0.11 | 0.19 | 0.10 | 0.56 | 0.32 | 0.21 | -2.47 | 0.56 | 0.31 | 0.56 | 0.49 | 0.22 | 0.10 | 0.06 | 0.78 | 0.65 | 0.48 | 0.32 | 0.95 | -0.71 |
| EPS Growth % | -65.63% | -9.52% | 103.85% | 0% | 3.23% | -62.5% | -604.08% | 154.55% | 210% | 828.69% | -37.18% | -66.15% | -79.17% | -81.16% | -17.89% | 191.55% | -48.39% | 39.13% | 97.92% | -136.67% |
| EPS (Basic) | 0.11 | 0.19 | 0.10 | 0.56 | 0.32 | 0.21 | -2.47 | 0.56 | 0.31 | 0.56 | 0.49 | 0.22 | 0.10 | 0.06 | 0.78 | 0.65 | 0.49 | 0.32 | 0.95 | -0.71 |
| Diluted Shares Outstanding | 6.08M | 6.08M | 6.08M | 6.12M | 6.07M | 6.15M | 6.23M | 6.26M | 6.26M | 6.26M | 6.27M | 6.27M | 6.23M | 6.24M | 6.22M | 6.24M | 6.26M | 6.27M | 6.27M | 6.28M |
| Basic Shares Outstanding | 6.08M | 6.08M | 6.08M | 6.11M | 6.07M | 6.15M | 6.2M | 6.23M | 6.22M | 6.22M | 6.24M | 6.23M | 6.22M | 6.22M | 6.21M | 6.22M | 6.25M | 6.27M | 6.27M | 6.26M |
| Dividend Payout Ratio | 103.85% | 56.82% | 115.43% | 47.27% | 34.73% | 51.75% | - | 19.55% | 35.07% | 19.81% | 22.83% | 49% | 112.68% | 181.73% | 14.05% | 16.97% | 22.68% | 34.55% | 11.52% | - |