Gulf Island Fabrication, Inc. (GIFI) quarterly income statement — complete revenue, gross profit & net income history
| Metric | 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 | Q1'21 | Q4'20 |
|---|
| Sales/Revenue | 51.54M | 37.54M | 40.27M | 37.42M | 37.64M | 41.26M | 42.88M | 44.55M | 5.02M | 39.33M | 62.17M | 38.14M | 39.59M | 35.9M | 28.69M | 25.81M | 19.59M | 24.27M | 23.79M | 22.76M |
| Revenue Growth % | 36.93% | -9.03% | -6.08% | -16.01% | 649.35% | 4.92% | -31.02% | 16.81% | -87.31% | 9.54% | 116.72% | 47.76% | 102.14% | 47.94% | 20.61% | 13.43% | -22.6% | -24.13% | -36.87% | -71.36% |
| Cost of Goods Sold | 46.66M | 33.98M | 33.66M | 30.1M | 32.98M | 37.1M | 36.76M | 36.09M | 34.9M | 34.84M | 57.13M | 35.72M | 35.37M | 34.23M | 29.11M | 25.26M | 19.72M | 23.16M | 23.76M | 28.79M |
| COGS % of Revenue | 90.53% | 90.51% | 83.57% | 80.45% | 87.63% | 89.92% | 85.72% | 81% | 694.84% | 88.61% | 91.9% | 93.65% | 89.34% | 95.34% | 101.46% | 97.86% | 100.69% | 95.45% | 99.89% | 126.52% |
| Gross Profit | 4.88M | 3.56M | 6.62M | 7.32M | 4.66M | 4.16M | 6.12M | 8.46M | -29.88M | 4.48M | 5.03M | 2.42M | 4.22M | 1.67M | -420K | 553K | -135K | 1.1M | 25K | -6.04M |
| Gross Margin % | 9.47% | 9.49% | 16.43% | 19.55% | 12.37% | 10.08% | 14.28% | 19% | -594.84% | 11.39% | 8.1% | 6.35% | 10.66% | 4.66% | -1.46% | 2.14% | -0.69% | 4.55% | 0.11% | -26.52% |
| Gross Profit Growth % | 4.81% | -14.36% | 8.02% | -13.56% | 115.58% | -7.21% | 21.65% | 249.28% | -808.03% | 168% | 1298.57% | 338.16% | 3225.93% | 51.45% | -1780% | 109.16% | 78.74% | 251.65% | 105.34% | 54.51% |
| Operating Expenses | 3.73M | 4.64M | 3.33M | 3.7M | 2.98M | 2.88M | 416K | 1.79M | 3.76M | 3.73M | 4.71M | 2.04M | 3.57M | 1.14M | 4.56M | 6.71M | 3.47M | 2.71M | 2.26M | 5.82M |
| OpEx % of Revenue | 7.24% | 12.36% | 8.28% | 9.89% | 7.93% | 6.97% | 0.97% | 4.01% | 74.78% | 9.49% | 7.57% | 5.36% | 9.01% | 3.17% | 15.9% | 26% | 17.72% | 11.18% | 9.49% | 25.57% |
| Selling, General & Admin | 3.65M | 3.29M | 3.23M | 3.7M | 2.98M | 3.35M | 3.48M | 3.4M | 3.18M | 3.24M | 5.07M | 5.25M | 4.51M | 4.34M | 4.11M | 2.76M | 3.21M | 3.09M | 2.79M | 3.3M |
| SG&A % of Revenue | 7.08% | 8.75% | 8.03% | 9.88% | 7.93% | 8.13% | 8.12% | 7.62% | 63.31% | 8.23% | 8.15% | 13.76% | 11.39% | 12.1% | 14.33% | 10.7% | 16.39% | 12.75% | 11.72% | 14.48% |
| 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 | 83K | 1000K | 100K | 1K | -1K | -479K | -1000K | -1000K | 576K | 496K | -361K | -1000K | -944K | -1000K | 452K | 1000K | 260K | -380K | -529K | 1000K |
| Operating Income | 1.15M | -1.08M | 3.28M | 3.62M | 1.67M | 1.28M | 5.71M | 6.67M | -33.63M | 749K | 328K | 380K | 654K | 533K | -4.98M | -6.16M | -3.61M | -1.61M | -2.23M | -11.86M |
| Operating Margin % | 2.22% | -2.87% | 8.14% | 9.66% | 4.44% | 3.11% | 13.31% | 14.98% | -669.62% | 1.9% | 0.53% | 1% | 1.65% | 1.48% | -17.37% | -23.86% | -18.41% | -6.63% | -9.39% | -52.1% |
| Operating Income Growth % | -31.46% | -184.1% | -42.54% | -45.83% | 104.97% | 71.3% | 1640.24% | 1656.58% | -5242.97% | 40.53% | 106.58% | 106.17% | 118.14% | 133.13% | -123.11% | 48.06% | 14.22% | 60.75% | -135.7% | 65.56% |
| EBITDA | 2.37M | 115K | 4.54M | 4.84M | 2.88M | 2.52M | 6.9M | 8.03M | -32.25M | 2.14M | 1.66M | 1.71M | 1.89M | 1.81M | -3.73M | -5.05M | -2.54M | -334K | -293K | -9.75M |
| EBITDA Margin % | 4.61% | 0.31% | 11.26% | 12.94% | 7.65% | 6.11% | 16.09% | 18.02% | -641.95% | 5.44% | 2.67% | 4.49% | 4.78% | 5.03% | -13.01% | -19.58% | -12.96% | -1.38% | -1.23% | -42.84% |
| EBITDA Growth % | -17.57% | -95.44% | -34.27% | -39.7% | 108.93% | 17.84% | 315.47% | 368.26% | -1802.48% | 18.55% | 144.52% | 133.91% | 174.6% | 640.72% | -1173.38% | 48.16% | -26.26% | 83.42% | -103.45% | 69.65% |
| D&A (Non-Cash Add-back) | 1.23M | 1.19M | 1.26M | 1.22M | 1.21M | 1.24M | 1.19M | 1.35M | 1.39M | 1.39M | 1.33M | 1.33M | 1.24M | 1.27M | 1.25M | 1.1M | 1.07M | 1.27M | 1.94M | 2.11M |
| EBIT | 1.97M | -1.18M | 3.48M | 3.56M | 1.67M | 583K | 2.81M | 4.38M | -32.63M | 1.55M | 328K | 380K | 654K | 533K | -4.98M | -1.52M | -3.61M | -1.49M | -2.64M | -9.33M |
| Net Interest Income | -411K | 510K | 549K | 619K | 647K | 603K | 542K | 383K | 397K | 340K | 320K | 190K | -46K | -18K | -40K | -50K | -58K | -95K | -194K | -114K |
| Interest Income | 0 | 510K | 549K | 619K | 647K | 603K | 542K | 383K | 397K | 340K | 320K | 190K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 411K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 46K | 18K | 40K | 50K | 58K | 95K | 194K | 114K |
| Other Income/Expense | 411K | 510K | 549K | 619K | 647K | 603K | 542K | 383K | 397K | 340K | 320K | 190K | -46K | -18K | -40K | -50K | 9M | -95K | -172K | -114K |
| Pretax Income | 1.56M | -569K | 3.83M | 4.24M | 2.32M | 1.89M | 6.25M | 7.06M | -33.24M | 1.09M | 648K | 570K | 608K | 515K | -5.02M | -6.21M | 5.4M | -1.7M | -2.41M | -11.97M |
| Pretax Margin % | 3.02% | -1.52% | 9.51% | 11.32% | 6.16% | 4.57% | 14.58% | 15.84% | -661.72% | 2.77% | 1.04% | 1.49% | 1.54% | 1.43% | -17.51% | -24.05% | 27.55% | -7.02% | -10.11% | -52.6% |
| Income Tax | -2K | 5K | 2K | -60K | 2K | -3K | 10K | -32K | -3K | -13K | 7K | 21K | 10K | -13K | 5K | -18K | 9K | -4K | 11K | -138K |
| Effective Tax Rate % | -0.13% | -0.88% | 0.05% | -1.42% | 0.09% | -0.16% | 0.16% | -0.45% | 0.01% | -1.19% | 1.08% | 3.68% | 1.64% | -2.52% | -0.1% | 0.29% | 0.17% | 0.23% | -0.46% | 1.15% |
| Net Income | 1.56M | -574K | 3.83M | 4.29M | 2.32M | 1.89M | 6.24M | 7.09M | -33.23M | 1.1M | 641K | 549K | 598K | 528K | -5.03M | -6.19M | 5.39M | -2.95M | -18.54M | -15.46M |
| Net Margin % | 3.02% | -1.53% | 9.5% | 11.48% | 6.16% | 4.58% | 14.55% | 15.91% | -661.66% | 2.8% | 1.03% | 1.44% | 1.51% | 1.47% | -17.52% | -23.98% | 27.51% | -12.16% | -77.94% | -67.92% |
| Net Income Growth % | -32.71% | -130.39% | -38.67% | -39.42% | 106.97% | 71.42% | 873.48% | 1191.44% | -5657.69% | 108.71% | 112.75% | 108.87% | -88.9% | 117.89% | 72.88% | 59.95% | 143.67% | 46.7% | -413.92% | 54.97% |
| Net Income (Continuing) | 1.56M | -574K | 3.83M | 4.29M | 2.32M | 1.89M | 6.24M | 7.09M | -33.23M | 1.1M | 641K | 549K | 598K | 528K | -5.03M | -6.19M | 5.39M | -1.7M | -2.42M | -11.83M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -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) | 0.10 | -0.04 | 0.23 | 0.26 | 0.14 | 0.11 | 0.37 | 0.44 | -2.04 | 0.07 | 0.04 | 0.04 | 0.04 | 0.03 | -0.32 | -0.40 | 0.35 | -0.19 | -1.21 | -1.01 |
| EPS Growth % | -31.21% | -132.27% | -37.84% | -40.91% | 106.86% | 61.76% | 822.69% | 1000% | -5525.53% | 104.2% | 112.53% | 110% | -89.26% | 117.53% | 73.55% | 60.4% | 143.21% | 47.22% | -410.26% | 55.31% |
| EPS (Basic) | 0.10 | -0.04 | 0.23 | 0.26 | 0.14 | 0.12 | 0.38 | 0.44 | -2.04 | 0.07 | 0.04 | 0.04 | 0.04 | 0.03 | -0.32 | -0.40 | 0.35 | -0.19 | -1.21 | -1.01 |
| Diluted Shares Outstanding | 16.19M | 16.19M | 16.67M | 16.67M | 16.78M | 16.86M | 16.75M | 16.26M | 16.29M | 16.2M | 15.99M | 13.72M | 15.92M | 15.84M | 15.66M | 15.47M | 15.54M | 15.53M | 15.4M | 15.25M |
| Basic Shares Outstanding | 16.19M | 16.19M | 16.36M | 16.36M | 16.37M | 16.41M | 16.21M | 16.26M | 16.29M | 16.2M | 15.99M | 13.72M | 15.92M | 15.84M | 15.66M | 15.44M | 15.54M | 15.53M | 15.4M | 15.25M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |