General American Investors Company, Inc. (GAM) quarterly income statement — complete revenue, gross profit & net income history
| Metric | 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 | Q1'21 | Q4'20 | Q3'20 |
|---|
| Sales/Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 6.28M | 6.28M | 7.54M | 7.54M | 7.32M | 38.12M | 6.67M | 26.11M | 15.22M | 28.08M | 3.94M | -3.31M | 6.73M | 29.86M | 23.04M | 18.6M | 24.6M | 28.73M | -5.78M | 8.83M |
| Gross Margin % | 100% | 100% | 100% | 100% | 100% | 91.84% | 59.25% | 88.89% | 83.64% | 91.02% | 54.84% | 412.65% | 74.02% | 91.97% | 87.08% | 86.03% | 87.75% | 90.24% | 328.11% | 77.82% |
| Gross Profit Growth % | -14.24% | -83.53% | 13.18% | -71.11% | -51.9% | 35.77% | 69.13% | 889.31% | 126.11% | -5.99% | -82.89% | -117.79% | -72.64% | 3.94% | 498.48% | 110.64% | 512.64% | 583.87% | -209.81% | 79.86% |
| Operating Expenses | 5.13M | 5.13M | 5.75M | 5.75M | 5.87M | 6.26M | 8.26M | 29.08M | 85.16M | 74.87M | 94.81M | 40.27M | 213.93M | 35.98M | 119.36M | 5.97M | 99.05M | 65.81M | 129.69M | 63.5M |
| OpEx % of Revenue | 81.65% | 81.65% | 76.17% | 76.17% | 80.19% | 15.09% | 73.43% | 98.99% | 467.9% | 242.73% | 1319.32% | -5022.39% | 2352.31% | 110.8% | 451.18% | 27.6% | 353.3% | 206.68% | -7360.62% | 559.64% |
| Selling, General & Admin | 3.26M | 3.26M | 3.63M | 3.63M | 3.65M | 3.83M | 5.07M | 3.69M | 3.4M | 3.19M | 3.68M | 2.94M | 2.78M | 3.02M | 3.84M | 3.44M | 3.84M | 3.51M | 4.47M | 2.89M |
| SG&A % of Revenue | 51.87% | 51.87% | 48.14% | 48.14% | 49.84% | 9.22% | 45.11% | 12.56% | 18.66% | 10.33% | 51.17% | -366.71% | 30.59% | 9.31% | 14.52% | 15.91% | 13.69% | 11.02% | -253.71% | 25.45% |
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 1.15M | 1.15M | 1.8M | 1.8M | 71.31M | 122.72M | -1.11M | -22.8M | 92.4M | 80.31M | 99.92M | -35.74M | -209.02M | -32.42M | 123.12M | -2.57M | 103.66M | 69.39M | 133.41M | 66.76M |
| Operating Margin % | 18.35% | 18.35% | 23.83% | 23.83% | 973.83% | 295.65% | -9.83% | -77.61% | 507.7% | 260.33% | 1390.44% | 4458.05% | -2298.28% | -99.85% | 465.4% | -11.87% | 369.75% | 217.94% | -7571.84% | 588.43% |
| Operating Income Growth % | -98.38% | -99.06% | 262.58% | 107.88% | -22.83% | 52.82% | -101.11% | 36.2% | 144.21% | 347.68% | -18.84% | -1292.44% | -301.63% | -146.72% | -7.72% | -103.84% | 4914.54% | 4456.37% | 7459.95% | 3866.4% |
| EBITDA | -1.82M | -1.82M | 1.88M | 1.88M | 73.42M | 120.61M | -3.12M | -25.35M | 88.6M | 78.1M | 98.53M | -37.27M | -211.11M | -32.92M | 123.24M | -2.49M | 102.93M | 69.36M | 134.21M | 66.43M |
| EBITDA Margin % | -29.03% | -29.03% | 24.87% | 24.87% | 1002.71% | 290.55% | -27.74% | -86.29% | 486.8% | 253.17% | 1371.08% | 4648.96% | -2321.28% | -101.38% | 465.87% | -11.5% | 367.13% | 217.83% | -7616.87% | 585.46% |
| EBITDA Growth % | -102.48% | -101.51% | 160.12% | 107.4% | -17.13% | 54.43% | -103.17% | 31.98% | 141.97% | 337.24% | -20.05% | -1399.72% | -305.1% | -147.46% | -8.17% | -103.74% | - | - | - | - |
| D&A (Non-Cash Add-back) | -2.97M | -2.97M | 78.52K | 78.52K | 2.11M | -2.11M | -2.01M | -2.55M | -3.8M | -2.21M | -1.39M | -1.53M | -2.09M | -495.4K | 124.94K | 81.57K | -733.9K | -35.3K | 793.4K | -337.69K |
| EBIT | 2.97M | 2.97M | 3.78M | 3.78M | 71.31M | 122.72M | 123.49M | -22.8M | 92.4M | 80.31M | 99.92M | -35.74M | -209.02M | -32.42M | 123.12M | -2.57M | 103.66M | 69.39M | 133.41M | 66.76M |
| Net Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | 75.19M | 75.19M | 25.71M | 25.71M | 71.31M | 122.72M | 123.5M | -22.8M | 92.4M | 80.31M | 99.92M | -35.75M | -209.02M | -32.42M | 123.12M | -2.57M | 103.66M | 69.39M | 133.41M | 66.76M |
| Pretax Margin % | 1197.42% | 1197.42% | 340.86% | 340.86% | 973.83% | 295.65% | 1097.76% | -77.61% | 507.68% | 260.34% | 1390.51% | 4459.62% | -2298.28% | -99.85% | 465.4% | -11.87% | 369.75% | 217.94% | -7571.84% | 588.43% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | 75.19M | 75.19M | 25.71M | 25.71M | 71.31M | 122.72M | 123.5M | -22.8M | 92.4M | 80.31M | 99.92M | -35.75M | -209.02M | -32.42M | 123.12M | -2.57M | 103.66M | 69.39M | 133.41M | 66.76M |
| Net Margin % | 1197.42% | 1197.42% | 340.86% | 340.86% | 973.83% | 295.65% | 1097.76% | -77.61% | 507.68% | 260.34% | 1390.51% | 4459.62% | -2298.28% | -99.85% | 465.4% | -11.87% | 369.75% | 217.94% | -7571.84% | 588.43% |
| Net Income Growth % | 5.45% | -38.73% | -79.18% | 212.77% | -22.82% | 52.81% | 23.6% | 36.23% | 144.2% | 347.69% | -18.84% | -1292.93% | -301.63% | -146.72% | -7.72% | -103.84% | -23.26% | 126.29% | 43.65% | 4871.31% |
| Net Income (Continuing) | 75.19M | 75.19M | 25.71M | 25.71M | 71.31M | 122.72M | 123.5M | -22.8M | 92.4M | 80.31M | 99.92M | -35.75M | -209.02M | -32.42M | 123.12M | -2.57M | 103.66M | 69.39M | 133.41M | 66.76M |
| 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) | 3.11 | 3.11 | 0.98 | 0.98 | 2.94 | 7.89 | 7.79 | -1.51 | 5.68 | 4.86 | 6.08 | -2.25 | -13.09 | -1.94 | 7.33 | -0.16 | 6.33 | 4.13 | 7.63 | 3.96 |
| EPS Growth % | 5.78% | -60.58% | -87.42% | 164.9% | -48.24% | 62.35% | 28.13% | 32.89% | 143.39% | 350.52% | -17.05% | -1306.25% | -306.79% | -146.97% | -3.93% | -104.04% | 15.51% | 138.56% | 103.47% | 7010.99% |
| EPS (Basic) | 3.11 | 3.11 | 0.98 | 0.98 | 2.82 | 7.89 | 7.79 | -1.51 | 5.68 | 4.86 | 6.08 | -2.25 | -13.09 | -1.94 | 7.33 | -0.16 | 6.33 | 4.13 | 7.63 | 3.96 |
| Diluted Shares Outstanding | 23.28M | 23.28M | 23.47M | 23.47M | 23.31M | 15.19M | 15.48M | 15.07M | 15.77M | 15.94M | 15.98M | 15.86M | 15.97M | 16.71M | 16.8M | 15.85M | 16.38M | 16.81M | 17.48M | 16.87M |
| Basic Shares Outstanding | 24.19M | 24.19M | 26.37M | 26.37M | 24.28M | 15.19M | 15.48M | 15.07M | 15.77M | 15.94M | 15.98M | 15.86M | 15.97M | 16.71M | 16.8M | 15.85M | 16.38M | 16.81M | 17.48M | 16.87M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |