Global Industrial Company (GIC) 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 | 350.4M | 345.6M | 353.6M | 358.9M | 321M | 302.3M | 342.4M | 347.8M | 323.4M | 320.1M | 354.6M | 325.8M | 273.8M | 260.5M | 298.5M | 318.5M | 288.6M | 262M | 277.4M | 272.6M |
| Revenue Growth % | 9.16% | 14.32% | 3.27% | 3.19% | -0.74% | -5.56% | -3.44% | 6.75% | 18.12% | 22.88% | 18.79% | 2.29% | -5.13% | -0.57% | 7.61% | 16.84% | 14.93% | -4.34% | -2.91% | 12.6% |
| Cost of Goods Sold | 228.5M | 226.5M | 227.6M | 225.9M | 208.9M | 200M | 226.1M | 225.3M | 212.5M | 211.9M | 238.3M | 212.9M | 175.4M | 166.7M | 191.9M | 205.5M | 180.8M | 165M | 175.4M | 174.6M |
| COGS % of Revenue | 65.21% | 65.54% | 64.37% | 62.94% | 65.08% | 66.16% | 66.03% | 64.78% | 65.71% | 66.2% | 67.2% | 65.35% | 64.06% | 63.99% | 64.29% | 64.52% | 62.65% | 62.98% | 63.23% | 64.05% |
| Gross Profit | 121.9M | 119.1M | 126M | 133M | 112.1M | 102.3M | 116.3M | 122.5M | 110.9M | 108.2M | 116.3M | 112.9M | 98.4M | 93.8M | 106.6M | 113M | 107.8M | 97M | 102M | 98M |
| Gross Margin % | 34.79% | 34.46% | 35.63% | 37.06% | 34.92% | 33.84% | 33.97% | 35.22% | 34.29% | 33.8% | 32.8% | 34.65% | 35.94% | 36.01% | 35.71% | 35.48% | 37.35% | 37.02% | 36.77% | 35.95% |
| Gross Profit Growth % | 8.74% | 16.42% | 8.34% | 8.57% | 1.08% | -5.45% | 0% | 8.5% | 12.7% | 15.35% | 9.1% | -0.09% | -8.72% | -3.3% | 4.51% | 15.31% | 39.46% | 4.19% | -0.29% | 15.57% |
| Operating Expenses | 101.3M | 99.5M | 99.7M | 99.5M | 93.9M | 87.8M | 94.1M | 96.1M | 93.5M | 86.8M | 88.1M | 83.8M | 80.6M | 76.1M | 79.1M | 82.5M | 78.3M | 70.9M | 71.4M | 73.3M |
| OpEx % of Revenue | 28.91% | 28.79% | 28.2% | 27.72% | 29.25% | 29.04% | 27.48% | 27.63% | 28.91% | 27.12% | 24.84% | 25.72% | 29.44% | 29.21% | 26.5% | 25.9% | 27.13% | 27.06% | 25.74% | 26.89% |
| Selling, General & Admin | 101.3M | 99.5M | 99.7M | 99.5M | 93.9M | 83.4M | 94.1M | 96.1M | 93.5M | 82.5M | 88.1M | 83.8M | 80.6M | 76.1M | 79.1M | 82.5M | 78.3M | 70.9M | 71.4M | 73.3M |
| SG&A % of Revenue | 28.91% | 28.79% | 28.2% | 27.72% | 29.25% | 27.59% | 27.48% | 27.63% | 28.91% | 25.77% | 24.84% | 25.72% | 29.44% | 29.21% | 26.5% | 25.9% | 27.13% | 27.06% | 25.74% | 26.89% |
| 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 | 0 | 0 | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 20.6M | 19.6M | 26.3M | 33.5M | 18.2M | 14.5M | 22.2M | 26.4M | 17.4M | 21.4M | 28.2M | 29.1M | 17.8M | 17.7M | 27.5M | 30.5M | 29.5M | 26.1M | 30.6M | 24.7M |
| Operating Margin % | 5.88% | 5.67% | 7.44% | 9.33% | 5.67% | 4.8% | 6.48% | 7.59% | 5.38% | 6.69% | 7.95% | 8.93% | 6.5% | 6.79% | 9.21% | 9.58% | 10.22% | 9.96% | 11.03% | 9.06% |
| Operating Income Growth % | 13.19% | 35.17% | 18.47% | 26.89% | 4.6% | -32.24% | -21.28% | -9.28% | -2.25% | 20.9% | 2.55% | -4.59% | -39.66% | -32.18% | -10.13% | 23.48% | 346.97% | 23.7% | -2.55% | 22.89% |
| EBITDA | 20.6M | 21.5M | 28.3M | 35.4M | 20.1M | 16.3M | 24.2M | 28.3M | 19.3M | 23.3M | 30.1M | 30.6M | 18.9M | 18.8M | 28.5M | 31.4M | 30.4M | 27M | 31.5M | 25.6M |
| EBITDA Margin % | 5.88% | 6.22% | 8% | 9.86% | 6.26% | 5.39% | 7.07% | 8.14% | 5.97% | 7.28% | 8.49% | 9.39% | 6.9% | 7.22% | 9.55% | 9.86% | 10.53% | 10.31% | 11.36% | 9.39% |
| EBITDA Growth % | 2.49% | 31.9% | 16.94% | 25.09% | 4.15% | -30.04% | -19.6% | -7.52% | 2.12% | 23.94% | 5.61% | -2.55% | -37.83% | -30.37% | -9.52% | 22.66% | 300% | 22.17% | -2.78% | 21.33% |
| D&A (Non-Cash Add-back) | 0 | 1.9M | 2M | 1.9M | 1.9M | 1.8M | 2M | 1.9M | 1.9M | 1.9M | 1.9M | 1.5M | 1.1M | 1.1M | 1M | 900K | 900K | 900K | 900K | 900K |
| EBIT | 20.6M | 20.1M | 26.3M | 33.5M | 18.2M | 14.5M | 22.2M | 26.4M | 17.4M | 21.4M | 28.2M | 29.1M | 17.8M | 17.4M | 27.5M | 30.5M | 29.5M | 25.8M | 30.6M | 24.7M |
| Net Interest Income | 0 | -500K | -200K | 300K | -100K | 100K | 0 | -100K | -200K | -100K | -700K | -300K | -200K | 200K | -600K | -300K | -400K | -300K | -200K | -100K |
| Interest Income | 0 | 0 | 0 | 300K | 0 | 100K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 200K | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | -100K | 500K | 200K | 0 | 100K | 0 | 0 | 100K | 200K | 100K | 700K | 300K | 200K | 0 | 600K | 300K | 400K | 300K | 200K | 100K |
| Other Income/Expense | 100K | 0 | -200K | 300K | -100K | -400K | 0 | -100K | -200K | -100K | -700K | -300K | -200K | -100K | -600K | -300K | -400K | 0 | -200K | -100K |
| Pretax Income | 20.7M | 19.6M | 26.1M | 33.8M | 18.1M | 14.1M | 22.2M | 26.3M | 17.2M | 21.3M | 27.5M | 28.8M | 17.6M | 17.6M | 26.9M | 30.2M | 29.1M | 26.1M | 30.4M | 24.6M |
| Pretax Margin % | 5.91% | 5.67% | 7.38% | 9.42% | 5.64% | 4.66% | 6.48% | 7.56% | 5.32% | 6.65% | 7.76% | 8.84% | 6.43% | 6.76% | 9.01% | 9.48% | 10.08% | 9.96% | 10.96% | 9.02% |
| Income Tax | 5.4M | 5M | 7.3M | 8.7M | 4.6M | 3.5M | 5.4M | 6.1M | 4.1M | 6.1M | 6.8M | 7.3M | 4.3M | 4.2M | 6.6M | 7.6M | 7.3M | 5.8M | 7.2M | 3.5M |
| Effective Tax Rate % | 26.09% | 25.51% | 27.97% | 25.74% | 25.41% | 24.82% | 24.32% | 23.19% | 23.84% | 28.64% | 24.73% | 25.35% | 24.43% | 23.86% | 24.54% | 25.17% | 25.09% | 22.22% | 23.68% | 14.23% |
| Net Income | 16.6M | 14.6M | 18.8M | 25.1M | 13.6M | 10.7M | 16.8M | 20.3M | 13.2M | 15.3M | 20.7M | 21.5M | 13.2M | 13.8M | 20.2M | 22.8M | 22M | 43M | 23.1M | 22M |
| Net Margin % | 4.74% | 4.22% | 5.32% | 6.99% | 4.24% | 3.54% | 4.91% | 5.84% | 4.08% | 4.78% | 5.84% | 6.6% | 4.82% | 5.3% | 6.77% | 7.16% | 7.62% | 16.41% | 8.33% | 8.07% |
| Net Income Growth % | 22.06% | 36.45% | 11.9% | 23.65% | 3.03% | -30.07% | -18.84% | -5.58% | 0% | 10.87% | 2.48% | -5.7% | -40% | -67.91% | -12.55% | 3.64% | 44.74% | 165.43% | -6.1% | 34.15% |
| Net Income (Continuing) | 16.6M | 14.6M | 18.8M | 25.1M | 13.5M | 10.6M | 16.8M | 20.2M | 13.1M | 15.2M | 20.7M | 21.5M | 13.3M | 13.4M | 20.3M | 22.6M | 21.8M | 20.3M | 23.2M | 21.1M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 100K | 100K | 0 | 100K | 100K | 100K | 0 | 0 | -100K | 400K | -100K | 200K | 200K | 1000K | -100K | 900K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.42 | 0.37 | 0.48 | 0.65 | 0.35 | 0.27 | 0.44 | 0.53 | 0.34 | 0.40 | 0.54 | 0.56 | 0.34 | 0.36 | 0.53 | 0.60 | 0.58 | 1.13 | 0.61 | 0.57 |
| EPS Growth % | 20% | 37.04% | 9.09% | 22.64% | 2.94% | -32.5% | -18.52% | -5.36% | 0% | 11.11% | 1.89% | -6.67% | -41.38% | -68.14% | -13.11% | 5.26% | 48.72% | 175.61% | -6.15% | 32.56% |
| EPS (Basic) | 0.42 | 0.38 | 0.48 | 0.65 | 0.35 | 0.27 | 0.44 | 0.53 | 0.34 | 0.40 | 0.54 | 0.56 | 0.34 | 0.36 | 0.53 | 0.60 | 0.58 | 1.13 | 0.61 | 0.58 |
| Diluted Shares Outstanding | 38.3M | 38.4M | 38.5M | 38.4M | 38.4M | 38.4M | 38.4M | 38.4M | 38.4M | 38.3M | 38.2M | 38.2M | 38.2M | 38.1M | 38.1M | 38.1M | 38.1M | 38M | 38M | 37.9M |
| Basic Shares Outstanding | 38.2M | 38.4M | 38.4M | 38.4M | 38.3M | 38.3M | 38.3M | 38.2M | 38.2M | 38.2M | 38.1M | 38.1M | 38.1M | 38M | 38M | 38M | 37.9M | 37.9M | 37.8M | 37.7M |
| Dividend Payout Ratio | - | 69.18% | 53.72% | 39.84% | 74.26% | 89.72% | 57.14% | 47.29% | 72.73% | 49.67% | 37.2% | 35.35% | 58.33% | 49.28% | 34.16% | 30.26% | 31.82% | 102.09% | 26.41% | 27.73% |