JBT Marel Corporation (JBTM) 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 | 936M | 1.01B | 1B | 934.8M | 854.1M | 467.6M | 453.8M | 402.3M | 392.3M | 444.6M | 403.6M | 427.7M | 388.5M | 599.1M | 398.8M | 394M | 469.2M | 497.6M | 477.4M | 475.5M |
| Revenue Growth % | 9.59% | 115.57% | 120.65% | 132.36% | 117.72% | 5.17% | 12.44% | -5.94% | 0.98% | -25.79% | 1.2% | 8.55% | -17.2% | 20.4% | -16.46% | -17.14% | 12.3% | 13.25% | 13.88% | 15.55% |
| Cost of Goods Sold | 607M | 659.9M | 641.5M | 600.6M | 561.6M | 288.2M | 290.2M | 259.1M | 252M | 283.8M | 258.8M | 280.5M | 255.6M | 432.3M | 263.3M | 265.3M | 329.7M | 356.4M | 334.9M | 325.6M |
| COGS % of Revenue | 64.85% | 65.47% | 64.07% | 64.25% | 65.75% | 61.63% | 63.95% | 64.4% | 64.24% | 63.83% | 64.12% | 65.58% | 65.79% | 72.16% | 66.02% | 67.33% | 70.27% | 71.62% | 70.15% | 68.48% |
| Gross Profit | 329M | 348.1M | 359.8M | 334.2M | 292.5M | 179.4M | 163.6M | 143.2M | 140.3M | 160.8M | 144.8M | 147.2M | 132.9M | 166.8M | 135.5M | 128.7M | 139.5M | 141.2M | 142.5M | 149.9M |
| Gross Margin % | 35.15% | 34.53% | 35.93% | 35.75% | 34.25% | 38.37% | 36.05% | 35.6% | 35.76% | 36.17% | 35.88% | 34.42% | 34.21% | 27.84% | 33.98% | 32.66% | 29.73% | 28.38% | 29.85% | 31.52% |
| Gross Profit Growth % | 12.48% | 94.04% | 119.93% | 133.38% | 108.48% | 11.57% | 12.98% | -2.72% | 5.57% | -3.6% | 6.86% | 14.37% | -4.73% | 18.13% | -4.91% | -14.14% | 4.73% | 5.93% | 12.03% | 15.13% |
| Operating Expenses | 261M | 275.8M | 257.7M | 285.8M | 325.9M | 163.7M | 116.8M | 116.4M | 111.2M | 105.7M | 107.9M | 102.9M | 104.5M | 117.1M | 100.7M | 96.7M | 108.9M | 106.7M | 102M | 102.6M |
| OpEx % of Revenue | 27.88% | 27.36% | 25.74% | 30.57% | 38.16% | 35.01% | 25.74% | 28.93% | 28.35% | 23.77% | 26.73% | 24.06% | 26.9% | 19.55% | 25.25% | 24.54% | 23.21% | 21.44% | 21.37% | 21.58% |
| Selling, General & Admin | 261M | 268.6M | 216M | 250.4M | 281.7M | 163.4M | 117M | 116.2M | 103.7M | 101.7M | 101.5M | 100.4M | 103.7M | 112.9M | 99.2M | 95.9M | 108.4M | 104.2M | 100.9M | 101.6M |
| SG&A % of Revenue | 27.88% | 26.65% | 21.57% | 26.79% | 32.98% | 34.94% | 25.78% | 28.88% | 26.43% | 22.87% | 25.15% | 23.47% | 26.69% | 18.84% | 24.87% | 24.34% | 23.1% | 20.94% | 21.14% | 21.37% |
| Research & Development | 0 | 7.2M | 28.7M | 30.9M | 33.6M | 0 | 0 | 0 | 6.4M | 20.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | 0.71% | 2.87% | 3.31% | 3.93% | - | - | - | 1.63% | 4.61% | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 1000K | 1000K | 1000K | 300K | -200K | 200K | 1000K | -1000K | 1000K | 1000K | 800K | 1000K | 1000K | 800K | 500K | 1000K | 1000K | 1000K |
| Operating Income | 68M | 72.3M | 102.1M | 48.4M | -33.4M | 15.7M | 46.8M | 26.8M | 29.1M | 55.1M | 36.9M | 44.3M | 28.4M | 49.7M | 34.8M | 32M | 30.6M | 34.5M | 40.5M | 47.3M |
| Operating Margin % | 7.27% | 7.17% | 10.2% | 5.18% | -3.91% | 3.36% | 10.31% | 6.66% | 7.42% | 12.39% | 9.14% | 10.36% | 7.31% | 8.3% | 8.73% | 8.12% | 6.52% | 6.93% | 8.48% | 9.95% |
| Operating Income Growth % | 303.59% | 360.51% | 118.16% | 80.6% | -214.78% | -71.51% | 26.83% | -39.5% | 2.46% | 10.87% | 6.03% | 38.44% | -7.19% | 44.06% | -14.07% | -32.35% | -19.05% | -20.69% | 43.11% | -0.63% |
| EBITDA | 136M | 132.9M | 157.5M | 130.9M | 27.2M | 38.6M | 69M | 49M | 51.2M | 62.7M | 60M | 67.8M | 51.1M | 71.6M | 53.6M | 48.7M | 50.5M | 54.7M | 60.5M | 65.6M |
| EBITDA Margin % | 14.53% | 13.18% | 15.73% | 14% | 3.18% | 8.25% | 15.2% | 12.18% | 13.05% | 14.1% | 14.87% | 15.85% | 13.15% | 11.95% | 13.44% | 12.36% | 10.76% | 10.99% | 12.67% | 13.8% |
| EBITDA Growth % | 400% | 244.3% | 128.26% | 167.14% | -46.88% | -38.44% | 15% | -27.73% | 0.2% | -12.43% | 11.94% | 39.22% | 1.19% | 30.9% | -11.4% | -25.76% | -9.98% | -11.92% | 30.67% | 0.46% |
| D&A (Non-Cash Add-back) | 68M | 60.6M | 55.4M | 82.5M | 60.6M | 22.9M | 22.2M | 22.2M | 22.1M | 7.6M | 23.1M | 23.5M | 22.7M | 21.9M | 18.8M | 16.7M | 19.9M | 20.2M | 20M | 18.3M |
| EBIT | 68M | 71M | 105.2M | 43.4M | -176.8M | -2.2M | 51.7M | 31.5M | 33.8M | 59.1M | 41.3M | 45.2M | 29.2M | 49.8M | 34.7M | 32M | 30.6M | 35.9M | 40.4M | 47.3M |
| Net Interest Income | -10M | -12M | -21.3M | -29M | -41M | -1.9M | 1.8M | 1.6M | 2.8M | -4.2M | -900K | -7.1M | -6.5M | -6M | -3.2M | -2.1M | -2.1M | -2.4M | -2.1M | -2.1M |
| Interest Income | 0 | 0 | 0 | 2.8M | 1.4M | 6.4M | 5.9M | 5.7M | 5.7M | 0 | 4.6M | 1.1M | 1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 10M | 12M | 21.3M | 31.8M | 42.4M | 8.3M | 4.1M | 4.1M | 2.9M | 4.2M | 5.5M | 8.2M | 7.5M | 6M | 3.2M | 2.1M | 2.1M | 2.4M | 2.1M | 2.1M |
| Other Income/Expense | -8M | -13.3M | -18.2M | -37.1M | -185.8M | -26.2M | 800K | 600K | 1.7M | 3.3M | -1.2M | -7.3M | -6.7M | -5.9M | -3.3M | -2.1M | -2.1M | -1M | -2.2M | -2.1M |
| Pretax Income | 60M | 59M | 83.9M | 11.3M | -219.2M | -10.5M | 47.6M | 27.4M | 30.8M | 58.4M | 35.7M | 37M | 21.7M | 43.8M | 31.5M | 29.9M | 28.5M | 33.5M | 38.3M | 45.2M |
| Pretax Margin % | 6.41% | 5.85% | 8.38% | 1.21% | -25.66% | -2.25% | 10.49% | 6.81% | 7.85% | 13.14% | 8.85% | 8.65% | 5.59% | 7.31% | 7.9% | 7.59% | 6.07% | 6.73% | 8.02% | 9.51% |
| Income Tax | 15M | 5.9M | 17.1M | 7.9M | -46.2M | -3.6M | 9.5M | -3.3M | 8.1M | 5.7M | 4.6M | 8.6M | 4.6M | 6.3M | 5.8M | 4.2M | 2.9M | 1.9M | 9M | 14.7M |
| Effective Tax Rate % | 25% | 10% | 20.38% | 69.91% | 21.08% | 34.29% | 19.96% | -12.04% | 26.3% | 9.76% | 12.89% | 23.24% | 21.2% | 14.38% | 18.41% | 14.05% | 10.18% | 5.67% | 23.5% | 32.52% |
| Net Income | 45M | 53.1M | 66M | 3.4M | -173M | -7M | 38.9M | 30.7M | 22.8M | 81.1M | 441.6M | 32.7M | 27.2M | 37.5M | 34.2M | 33.4M | 25.6M | 31.6M | 29.3M | 30.5M |
| Net Margin % | 4.81% | 5.27% | 6.59% | 0.36% | -20.26% | -1.5% | 8.57% | 7.63% | 5.81% | 18.24% | 109.42% | 7.65% | 7% | 6.26% | 8.58% | 8.48% | 5.46% | 6.35% | 6.14% | 6.41% |
| Net Income Growth % | 126.01% | 858.57% | 69.67% | -88.93% | -858.77% | -108.63% | -91.19% | -6.12% | -16.18% | 116.27% | 1191.23% | -2.1% | 6.25% | 18.67% | 16.72% | 9.51% | -5.19% | 4.98% | 70.35% | -6.15% |
| Net Income (Continuing) | 45M | 53.1M | 66.8M | 3.4M | -173M | -6.9M | 38.1M | 30.7M | 22.7M | 52.7M | 31.1M | 28.4M | 17.1M | 37.5M | 25.7M | 25.7M | 25.6M | 31.6M | 29.3M | 30.5M |
| Discontinued Operations | 0 | 0 | -800K | 0 | 0 | -100K | 800K | 0 | 100K | 1000K | 1000K | 1000K | 1000K | 0 | 1000K | 1000K | 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) | 0.86 | 1.01 | 1.28 | 0.07 | -3.35 | -0.22 | 1.21 | 0.95 | 0.71 | 2.52 | 14.54 | 0.97 | 0.80 | 1.17 | 1.07 | 1.04 | 0.80 | 0.99 | 0.91 | 0.95 |
| EPS Growth % | 125.67% | 559.09% | 5.79% | -92.63% | -571.83% | -108.73% | -91.68% | -2.06% | -11.25% | 115.38% | 1258.88% | -6.73% | 0% | 18.18% | 17.58% | 9.47% | -4.76% | 5.32% | 68.52% | -5.94% |
| EPS (Basic) | 0.86 | 1.02 | 1.28 | 0.07 | -3.35 | -0.22 | 1.22 | 0.96 | 0.71 | 2.54 | 14.60 | 0.97 | 0.80 | 1.17 | 1.07 | 1.05 | 0.80 | 0.99 | 0.91 | 0.95 |
| Diluted Shares Outstanding | 52.4M | 52.3M | 52.3M | 52.2M | 51.7M | 32.2M | 32.2M | 32.2M | 32.2M | 32.1M | 32.2M | 32.1M | 32.1M | 32.1M | 32.1M | 32.1M | 32.1M | 32.1M | 32.1M | 32.1M |
| Basic Shares Outstanding | 52.2M | 52M | 51.56M | 52.1M | 51.7M | 32M | 32M | 32M | 32M | 32M | 32M | 32M | 32M | 32M | 32M | 32M | 32M | 32M | 32M | 32M |
| Dividend Payout Ratio | 11.11% | 9.79% | 7.88% | 152.94% | - | - | 8.23% | 10.42% | 14.04% | 3.82% | 0.75% | 9.79% | 11.76% | 8.8% | 9.06% | 10.48% | 12.5% | 10.44% | 10.92% | 10.16% |