Ferroglobe PLC (GSM) 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 | 347.75M | 329.38M | 311.7M | 386.86M | 307.18M | 367.5M | 433.53M | 307.18M | 391.85M | 375.95M | 416.81M | 456.44M | 400.87M | 448.63M | 593.22M | 840.81M | 715.26M | 569.77M | 429.21M | 418.54M |
| Revenue Growth % | 13.21% | -10.37% | -28.1% | 25.94% | -21.61% | -2.25% | 4.01% | -32.7% | -2.25% | -16.2% | -29.74% | -45.71% | -43.96% | -21.26% | 38.21% | 100.89% | 97.92% | 77.76% | 63.4% | 67.41% |
| Cost of Goods Sold | 304.23M | 423.73M | 269.23M | 340.31M | 255.86M | 269.78M | 273.96M | 255.86M | 277.96M | 219.66M | 214.6M | 268.72M | 249.83M | 310.12M | 304.93M | 389.93M | 361.66M | 396.07M | 319.24M | 291.46M |
| COGS % of Revenue | 87.49% | 128.64% | 86.37% | 87.97% | 83.29% | 73.41% | 63.19% | 83.29% | 70.93% | 58.43% | 51.49% | 58.87% | 62.32% | 69.13% | 51.4% | 46.38% | 50.56% | 69.51% | 74.38% | 69.64% |
| Gross Profit | 43.52M | -94.35M | 42.47M | 46.55M | 51.32M | 97.72M | 159.57M | 51.32M | 113.9M | 156.29M | 202.21M | 187.72M | 151.03M | 138.51M | 288.29M | 450.87M | 353.6M | 173.7M | 109.97M | 127.08M |
| Gross Margin % | 12.51% | -28.64% | 13.63% | 12.03% | 16.71% | 26.59% | 36.81% | 16.71% | 29.07% | 41.57% | 48.51% | 41.13% | 37.68% | 30.87% | 48.6% | 53.62% | 49.44% | 30.49% | 25.62% | 30.36% |
| Gross Profit Growth % | -15.2% | -196.55% | -73.39% | -9.29% | -54.94% | -37.47% | -21.09% | -72.66% | -24.59% | 12.84% | -29.86% | -58.37% | -57.29% | -20.26% | 162.16% | 254.81% | 311.45% | 675.7% | 57.28% | 83.49% |
| Operating Expenses | 71.72M | 55.52M | 44.46M | 37.81M | 107M | 147.26M | 118.97M | 107M | 111.33M | 142.06M | 126.79M | 124.87M | 106.58M | 108.81M | 133.87M | 185.58M | 142.47M | 117.82M | 98.71M | 118.66M |
| OpEx % of Revenue | 20.63% | 16.86% | 14.26% | 9.77% | 34.83% | 40.07% | 27.44% | 34.83% | 28.41% | 37.79% | 30.42% | 27.36% | 26.59% | 24.25% | 22.57% | 22.07% | 19.92% | 20.68% | 23% | 28.35% |
| Selling, General & Admin | 71.77M | 31.95M | 74.7M | 68.8M | 70.45M | 199.86M | 71.89M | 70.45M | 70.52M | 187.37M | 83.58M | 74.97M | 67.54M | 76.43M | 75.69M | 80.7M | 81.99M | 72.07M | 50.39M | 63.2M |
| SG&A % of Revenue | 20.64% | 9.7% | 23.97% | 17.78% | 22.93% | 54.38% | 16.58% | 22.93% | 18% | 49.84% | 20.05% | 16.43% | 16.85% | 17.04% | 12.76% | 9.6% | 11.46% | 12.65% | 11.74% | 15.1% |
| 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 | -42K | 1000K | -1000K | -1000K | 1000K | -1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | -28.21M | -149.87M | -1.99M | 8.74M | -55.68M | -49.54M | 40.6M | -55.68M | 2.56M | 14.22M | 75.42M | 62.85M | 44.45M | 29.69M | 154.42M | 265.3M | 211.13M | 55.88M | 11.26M | 8.42M |
| Operating Margin % | -8.11% | -45.5% | -0.64% | 2.26% | -18.13% | -13.48% | 9.37% | -18.13% | 0.65% | 3.78% | 18.09% | 13.77% | 11.09% | 6.62% | 26.03% | 31.55% | 29.52% | 9.81% | 2.62% | 2.01% |
| Operating Income Growth % | 49.34% | -202.55% | -104.9% | 115.69% | -2274.03% | -448.26% | -46.16% | -188.59% | -94.24% | -52.1% | -51.16% | -76.31% | -78.94% | -46.87% | 1271.44% | 3050.43% | 577.85% | 161.18% | 129.05% | 256.96% |
| EBITDA | -28.21M | -120.7M | 17.96M | 27.04M | -38.16M | -30.52M | 59.5M | -36.8M | 21.23M | 34.31M | 94.42M | 79.3M | 62.44M | 50.24M | 174.14M | 285.48M | 232.24M | 80.43M | 35.23M | 31.94M |
| EBITDA Margin % | -8.11% | -36.64% | 5.76% | 6.99% | -12.42% | -8.3% | 13.72% | -11.98% | 5.42% | 9.13% | 22.65% | 17.37% | 15.58% | 11.2% | 29.36% | 33.95% | 32.47% | 14.12% | 8.21% | 7.63% |
| EBITDA Growth % | 26.08% | -295.51% | -69.81% | 173.47% | -279.73% | -188.93% | -36.98% | -146.41% | -66% | -31.7% | -45.78% | -72.22% | -73.11% | -37.54% | 394.29% | 793.7% | 1328.91% | 222.23% | 387.79% | 44.58% |
| D&A (Non-Cash Add-back) | 0 | 29.18M | 19.95M | 18.3M | 17.52M | 19.02M | 18.9M | 18.88M | 18.67M | 20.09M | 19M | 16.45M | 17.99M | 20.55M | 19.72M | 20.18M | 21.11M | 24.55M | 23.97M | 23.52M |
| EBIT | -28.21M | -126.51M | -821K | -9.75M | -61.72M | -33.59M | 34.03M | -61.72M | 6.24M | 6.01M | 76.68M | 57.48M | 44.21M | 27.11M | 154.42M | 265.3M | 211.13M | 65.76M | 5.08M | 8.42M |
| Net Interest Income | -5.92M | -6.57M | -3.05M | -4M | -3.68M | -334K | -2.15M | -3.68M | -7.67M | -7.68M | -9.16M | -895K | -10.98M | -13.86M | -16.63M | -12.83M | -12.46M | -18.52M | -103.38M | -11.18M |
| Interest Income | 0 | 801K | 830K | 970K | 873K | 0 | 0 | 873K | 2.3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 5.92M | 7.37M | 3.88M | 4.97M | 4.55M | 334K | 2.15M | 4.55M | 9.97M | 7.68M | 9.16M | 895K | 10.98M | 13.86M | 16.63M | 12.83M | 12.46M | 18.52M | 103.38M | 11.18M |
| Other Income/Expense | 17.06M | 60.93M | -2.71M | -23.46M | -10.6M | 15.61M | -8.73M | -10.6M | -6.29M | -17.23M | -7.91M | -6.26M | -9.53M | -12.78M | -18.4M | -20.71M | -16.85M | -8.64M | -109.56M | -7.94M |
| Pretax Income | -11.15M | -88.95M | -4.7M | -14.72M | -66.27M | -33.93M | 31.87M | -66.27M | -3.73M | -3M | 67.51M | 56.58M | 34.93M | 16.92M | 136.02M | 244.59M | 194.28M | 47.24M | -98.3M | 480K |
| Pretax Margin % | -3.21% | -27% | -1.51% | -3.81% | -21.57% | -9.23% | 7.35% | -21.57% | -0.95% | -0.8% | 16.2% | 12.4% | 8.71% | 3.77% | 22.93% | 29.09% | 27.16% | 8.29% | -22.9% | 0.11% |
| Income Tax | -4.01M | -2.94M | 8.57M | -3.79M | 625K | -4.38M | 13.3M | 625K | -1.16M | 4.16M | 23.4M | 20.52M | 9.46M | 7.78M | 37.18M | 59.53M | 43.49M | -2.79M | -680K | -250K |
| Effective Tax Rate % | 35.98% | 3.3% | -182.18% | 25.73% | -0.94% | 12.9% | 41.73% | -0.94% | 31.01% | -138.53% | 34.66% | 36.26% | 27.09% | 45.97% | 27.34% | 24.34% | 22.39% | -5.9% | 0.69% | -52.08% |
| Net Income | -7.05M | -80.95M | -12.81M | -10.45M | -66.48M | -28.13M | 18.81M | -66.48M | -2.02M | -11.12M | 40.88M | 31.91M | 20.99M | 6.2M | 97.63M | 185.32M | 151.16M | 51.45M | -96.6M | 1.91M |
| Net Margin % | -2.03% | -24.58% | -4.11% | -2.7% | -21.64% | -7.66% | 4.34% | -21.64% | -0.52% | -2.96% | 9.81% | 6.99% | 5.24% | 1.38% | 16.46% | 22.04% | 21.13% | 9.03% | -22.51% | 0.46% |
| Net Income Growth % | 89.39% | -187.76% | -168.1% | 84.28% | -3184.68% | -153.06% | -53.98% | -308.36% | -109.64% | -279.39% | -58.12% | -82.78% | -86.11% | -87.95% | 201.07% | 9602.77% | 324.34% | 137% | -104.29% | 115.78% |
| Net Income (Continuing) | -7.14M | -86.01M | -13.27M | -10.93M | -66.9M | -29.55M | 18.57M | -66.9M | -2.57M | -7.16M | 44.11M | 36.06M | 25.47M | 9.14M | 98.84M | 185.06M | 150.79M | 50.03M | -97.62M | 730K |
| 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 | 113.74M | 0 | 0 | 0 | 121.83M | 0 | 0 | 0 | 106.75M | 0 | 0 | 0 | 106.05M | 0 | 110.62M |
| EPS (Diluted) | -0.04 | -0.43 | -0.07 | -0.06 | -0.36 | -0.25 | 0.10 | -0.36 | -0.01 | -0.03 | 0.21 | 0.17 | 0.11 | 0.13 | 0.52 | 0.98 | 0.80 | 0.35 | -0.54 | 0.01 |
| EPS Growth % | 89.58% | -72% | -168.93% | 84.56% | -3500% | -733.33% | -52.95% | -311.76% | -109.09% | -123.08% | -59.62% | -82.65% | -86.25% | -62.86% | 196.3% | 9700% | 300% | 171.43% | -92.86% | 114.29% |
| EPS (Basic) | -0.04 | -0.43 | -0.07 | -0.06 | -0.36 | -0.25 | 0.10 | -0.36 | -0.01 | -0.03 | 0.22 | 0.17 | 0.11 | 0.14 | 0.52 | 0.99 | 0.81 | 0.35 | -0.54 | 0.01 |
| Diluted Shares Outstanding | 188.29M | 188.36M | 188.07M | 188.14M | 187.01M | 188.07M | 190.39M | 187.01M | 187.93M | 190.8M | 190.53M | 190.17M | 189.63M | 188.95M | 188.85M | 188.54M | 188.58M | 188.59M | 179.85M | 169.3M |
| Basic Shares Outstanding | 188.29M | 188.36M | 188.07M | 188.14M | 187.01M | 188.07M | 188.32M | 187.01M | 187.93M | 187.87M | 187.87M | 187.87M | 187.87M | 187.52M | 187.42M | 187.44M | 187.41M | 187.36M | 179.85M | 169.3M |
| Dividend Payout Ratio | - | - | - | - | - | - | 12.97% | - | - | - | - | - | - | - | - | - | - | - | - | - |