Griffon Corporation (GFF) 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 | 421.86M | 649.09M | 662.18M | 613.63M | 611.75M | 632.37M | 659.67M | 647.81M | 672.88M | 643.15M | 641.38M | 683.43M | 710.98M | 649.38M | 708.94M | 768.18M | 779.62M | 591.75M | 379.71M | 584.22M |
| Revenue Growth % | -31.04% | 2.64% | 0.38% | -5.28% | -9.09% | -1.68% | 2.85% | -5.21% | -5.36% | -0.96% | -9.53% | -11.03% | -8.8% | 9.74% | 86.71% | 31.49% | 35.66% | 9.28% | -42.53% | -7.57% |
| Cost of Goods Sold | 229.87M | 382.32M | 385.91M | 348.38M | 359.54M | 368.1M | 396.19M | 398.67M | 402.21M | 406.51M | 395.5M | 408.81M | 516.49M | 415.56M | 456.4M | 507.58M | 518.97M | 425.91M | 249.15M | 424.32M |
| COGS % of Revenue | 54.49% | 58.9% | 58.28% | 56.77% | 58.77% | 58.21% | 60.06% | 61.54% | 59.78% | 63.21% | 61.66% | 59.82% | 72.64% | 63.99% | 64.38% | 66.08% | 66.57% | 71.97% | 65.62% | 72.63% |
| Gross Profit | 191.99M | 266.76M | 276.27M | 265.25M | 252.21M | 264.28M | 263.48M | 249.15M | 270.67M | 236.64M | 245.88M | 274.62M | 194.49M | 233.82M | 252.55M | 260.6M | 260.64M | 165.84M | 130.56M | 159.9M |
| Gross Margin % | 45.51% | 41.1% | 41.72% | 43.23% | 41.23% | 41.79% | 39.94% | 38.46% | 40.22% | 36.79% | 38.34% | 40.18% | 27.36% | 36.01% | 35.62% | 33.92% | 33.43% | 28.03% | 34.38% | 27.37% |
| Gross Profit Growth % | -23.88% | 0.94% | 4.85% | 6.46% | -6.82% | 11.68% | 7.16% | -9.28% | 39.17% | 1.2% | -2.64% | 5.38% | -25.38% | 40.99% | 93.43% | 62.98% | 61.68% | 1.04% | -25.17% | -3.09% |
| Operating Expenses | 104.64M | 151.91M | 157.25M | 391.25M | 151.05M | 152.18M | 151.81M | 159.81M | 157.18M | 152.8M | 166.47M | 172.44M | 260.3M | 152.72M | 686.12M | 157.39M | 157.84M | 127.35M | 96.57M | 117.8M |
| OpEx % of Revenue | 24.81% | 23.4% | 23.75% | 63.76% | 24.69% | 24.07% | 23.01% | 24.67% | 23.36% | 23.76% | 25.96% | 25.23% | 36.61% | 23.52% | 96.78% | 20.49% | 20.25% | 21.52% | 25.43% | 20.16% |
| Selling, General & Admin | 104.64M | 151.91M | 157.25M | 145.29M | 151.05M | 145.94M | 126.97M | 152.74M | 157.18M | 146.2M | 176.34M | 174.05M | 160.3M | 152.72M | 121.61M | 157.39M | 157.84M | 127.35M | 96.57M | 117.8M |
| SG&A % of Revenue | 24.81% | 23.4% | 23.75% | 23.68% | 24.69% | 23.08% | 19.25% | 23.58% | 23.36% | 22.73% | 27.49% | 25.47% | 22.55% | 23.52% | 17.15% | 20.49% | 20.25% | 21.52% | 25.43% | 20.16% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 19.4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16M | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | 2.94% | - | - | - | - | - | - | - | 2.26% | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 1000K | 0 | 1000K | 1000K | 1000K | 0 | 1000K | -1000K | -1000K | 1000K | 607K | 1000K | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 87.35M | 114.86M | 119.02M | -126M | 101.16M | 112.09M | 111.67M | 89.34M | 113.45M | 83.84M | 79.41M | 102.19M | -65.81M | 81.11M | -433.58M | 103.21M | 102.81M | 38.49M | 33.99M | 42.11M |
| Operating Margin % | 20.71% | 17.69% | 17.97% | -20.53% | 16.54% | 17.73% | 16.93% | 13.79% | 16.86% | 13.04% | 12.38% | 14.95% | -9.26% | 12.49% | -61.16% | 13.44% | 13.19% | 6.5% | 8.95% | 7.21% |
| Operating Income Growth % | -13.66% | 2.46% | 6.58% | -241.04% | -10.83% | 33.7% | 40.63% | -12.57% | 272.39% | 3.37% | 118.31% | -1% | -164.01% | 110.72% | -1375.49% | 145.13% | 135.54% | -26.58% | -25.85% | -18.23% |
| EBITDA | 97.41M | 130.56M | 134.95M | -110.18M | 116.81M | 127.71M | 127.23M | 104.59M | 128.53M | 98.66M | 94.81M | 117.85M | -48.55M | 98.22M | -415.94M | 120.9M | 119.06M | 51.57M | 39.34M | 55.48M |
| EBITDA Margin % | 23.09% | 20.11% | 20.38% | -17.96% | 19.1% | 20.2% | 19.29% | 16.14% | 19.1% | 15.34% | 14.78% | 17.24% | -6.83% | 15.12% | -58.67% | 15.74% | 15.27% | 8.71% | 10.36% | 9.5% |
| EBITDA Growth % | -16.61% | 2.23% | 6.07% | -205.35% | -9.11% | 29.44% | 34.18% | -11.26% | 364.71% | 0.45% | 122.8% | -2.52% | -140.78% | 90.45% | -1157.29% | 117.9% | 109.62% | -20.68% | -35.71% | -17.21% |
| D&A (Non-Cash Add-back) | 10.06M | 15.7M | 15.93M | 15.82M | 15.65M | 15.61M | 15.55M | 15.25M | 15.08M | 14.82M | 15.41M | 15.67M | 17.25M | 17.11M | 17.64M | 17.69M | 16.25M | 13.08M | 5.35M | 13.38M |
| EBIT | 87.09M | 113.43M | 123.57M | -125.06M | 102.57M | 123.91M | 112.54M | 107.99M | 115.81M | 87.33M | 98.66M | 104.09M | -65.28M | 94.49M | 98.26M | 100.07M | 104.21M | 39.6M | 30.88M | 42.74M |
| Net Interest Income | -21.01M | -23.11M | -22.59M | -23.99M | -23.22M | -26.09M | -25.11M | -24.37M | -25.51M | -26.76M | -24.96M | -23.38M | -24.64M | -24.51M | -23.18M | -23.96M | -21.38M | -15.65M | -15.76M | -15.8M |
| Interest Income | 126K | 357K | 472K | 145K | 708K | 406K | 509K | 2.66M | 637K | 424K | 1.32M | 2.26M | 236K | 137K | 89K | 61K | 32K | 33K | 43K | 50K |
| Interest Expense | 21.14M | 23.46M | 23.06M | 24.14M | 23.93M | 26.49M | 25.61M | 27.02M | 26.15M | 27.19M | 26.28M | 25.64M | 24.88M | 24.65M | 23.27M | 24.02M | 21.41M | 15.68M | 15.8M | 15.85M |
| Other Income/Expense | -22.37M | -24.89M | -18.5M | -23.2M | -22.53M | -14.68M | -24.75M | -28.33M | -24.88M | -23.7M | -23.04M | -23.73M | -24.35M | -13.09M | -20.07M | -27.16M | -19.7M | -14.47M | -18.92M | -15.21M |
| Pretax Income | 64.97M | 89.97M | 100.51M | -149.2M | 78.64M | 97.42M | 86.93M | 61.01M | 88.57M | 60.14M | 56.37M | 78.45M | -90.16M | 68.02M | -453.64M | 76.05M | 83.1M | 24.02M | 15.08M | 26.89M |
| Pretax Margin % | 15.4% | 13.86% | 15.18% | -24.31% | 12.85% | 15.41% | 13.18% | 9.42% | 13.16% | 9.35% | 8.79% | 11.48% | -12.68% | 10.47% | -63.99% | 9.9% | 10.66% | 4.06% | 3.97% | 4.6% |
| Income Tax | 18.04M | 25.58M | 56.88M | -29.06M | 21.88M | 26.57M | 24.43M | 19.92M | 24.43M | 17.96M | 14.4M | 29.25M | -27.9M | 19.32M | -38.28M | 23.27M | 24.53M | 7.32M | 7.16M | 12.08M |
| Effective Tax Rate % | 27.76% | 28.43% | 56.59% | 19.48% | 27.82% | 27.27% | 28.11% | 32.66% | 27.58% | 29.87% | 25.55% | 37.28% | 30.95% | 28.4% | 8.44% | 30.6% | 29.52% | 30.46% | 47.47% | 44.91% |
| Net Income | 41.97M | 64.39M | 43.64M | -120.14M | 56.76M | 70.85M | 62.49M | 41.09M | 64.14M | 42.18M | 41.97M | 49.2M | -62.26M | 48.7M | -416.83M | 140.29M | 65.69M | 19.3M | 15.89M | 16.71M |
| Net Margin % | 9.95% | 9.92% | 6.59% | -19.58% | 9.28% | 11.2% | 9.47% | 6.34% | 9.53% | 6.56% | 6.54% | 7.2% | -8.76% | 7.5% | -58.8% | 18.26% | 8.43% | 3.26% | 4.19% | 2.86% |
| Net Income Growth % | -26.07% | -9.12% | -30.17% | -392.41% | -11.51% | 67.98% | 48.91% | -16.5% | 203.03% | -13.4% | 110.07% | -64.93% | -194.77% | 152.37% | -2722.9% | 739.69% | 283.88% | -34.58% | -20.9% | -23.47% |
| Net Income (Continuing) | 46.94M | 64.39M | 43.64M | -120.14M | 56.76M | 70.85M | 62.49M | 41.09M | 64.14M | 42.18M | 41.97M | 49.2M | -62.26M | 48.7M | -415.36M | 52.78M | 58.57M | 16.7M | 7.92M | 14.81M |
| Discontinued Operations | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | 1000K | 1000K | 1000K | 0 | 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) | 0.92 | 1.41 | 0.95 | -2.56 | 1.21 | 1.49 | 1.29 | 0.84 | 1.28 | 0.82 | 0.79 | 0.90 | -1.17 | 0.88 | -7.97 | 2.60 | 1.23 | 0.36 | 0.30 | 0.31 |
| EPS Growth % | -23.97% | -5.37% | -26.36% | -404.76% | -5.47% | 81.71% | 63.29% | -6.67% | 209.4% | -6.82% | 109.91% | -65.38% | -195.12% | 144.44% | -2756.67% | 738.71% | 284.38% | -34.55% | -21.05% | -38% |
| EPS (Basic) | 0.94 | 1.44 | 0.97 | -2.64 | 1.24 | 1.56 | 1.34 | 0.87 | 1.34 | 0.86 | 0.83 | 0.94 | -1.17 | 0.93 | -7.98 | 2.71 | 1.27 | 0.38 | 0.31 | 0.33 |
| Diluted Shares Outstanding | 45.69M | 45.77M | 46M | 46.91M | 46.9M | 47.54M | 48.42M | 48.85M | 49.93M | 51.47M | 53.14M | 54.6M | 53.04M | 55.3M | 52.11M | 53.91M | 53.43M | 53.75M | 53.56M | 53.5M |
| Basic Shares Outstanding | 44.62M | 44.66M | 44.9M | 45.51M | 45.66M | 45.54M | 46.53M | 47.03M | 47.95M | 48.78M | 50.52M | 52.3M | 53.04M | 52.58M | 52.08M | 51.73M | 51.67M | 51.18M | 50.98M | 50.9M |
| Dividend Payout Ratio | 23.88% | 17.39% | 18.49% | - | 25.38% | 12.75% | 11.26% | 17.27% | 18.26% | 23.63% | 15.35% | 232.8% | - | 14.63% | - | 3.43% | 7.35% | 27.26% | 26.63% | 25.31% |