Johnson Controls International plc (JCI) 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 | 6.14B | 5.8B | 6.44B | 6.05B | 5.68B | 5.43B | 6.25B | 5.9B | 5.6B | 5.21B | 5.85B | 7.13B | 6.69B | 6.07B | 6.72B | 6.61B | 6.1B | 5.86B | 6.39B | 6.34B |
| Revenue Growth % | 8.21% | 6.84% | 3.1% | 2.61% | 1.41% | 4.17% | 6.75% | -17.31% | -16.29% | -14.16% | -12.97% | 7.85% | 9.64% | 3.51% | 5.21% | 4.31% | 9.01% | 9.75% | 7.36% | 18.68% |
| Cost of Goods Sold | 3.88B | 3.72B | 4.09B | 3.81B | 3.61B | 3.5B | 3.99B | 3.79B | 3.67B | 3.42B | 3.87B | 4.69B | 4.43B | 3.98B | 4.43B | 4.42B | 4.14B | 3.98B | 4.2B | 4.16B |
| COGS % of Revenue | 63.17% | 64.22% | 63.51% | 62.89% | 63.55% | 64.5% | 63.8% | 64.24% | 65.64% | 65.69% | 66.17% | 65.72% | 66.29% | 65.62% | 65.93% | 66.9% | 67.94% | 67.93% | 65.69% | 65.57% |
| Gross Profit | 2.26B | 2.07B | 2.35B | 2.25B | 2.07B | 1.93B | 2.26B | 2.11B | 1.92B | 1.79B | 1.98B | 2.44B | 2.25B | 2.09B | 2.29B | 2.19B | 1.96B | 1.88B | 2.19B | 2.18B |
| Gross Margin % | 36.83% | 35.78% | 36.49% | 37.11% | 36.45% | 35.5% | 36.2% | 35.76% | 34.36% | 34.31% | 33.83% | 34.28% | 33.71% | 34.38% | 34.07% | 33.1% | 32.06% | 32.07% | 34.31% | 34.43% |
| Gross Profit Growth % | 9.33% | 7.68% | 3.93% | 6.5% | 7.59% | 7.78% | 14.24% | -13.74% | -14.69% | -14.33% | -13.57% | 11.69% | 15.29% | 10.96% | 4.47% | 0.27% | 0.67% | 9.24% | 10.7% | 18.9% |
| Operating Expenses | 1.46B | 1.22B | 1.52B | 1.42B | 1.43B | 1.4B | 1.37B | 895M | 2.06B | 1.33B | 1.31B | 1.55B | 1.58B | 1.57B | 1.53B | 1.58B | 1.45B | 1.37B | 1.34B | 1.37B |
| OpEx % of Revenue | 23.74% | 21.06% | 23.61% | 23.41% | 25.14% | 25.78% | 21.89% | 15.17% | 36.89% | 25.61% | 22.36% | 21.8% | 23.62% | 25.89% | 22.8% | 23.96% | 23.75% | 23.44% | 21% | 21.62% |
| Selling, General & Admin | 1.4B | 1.22B | 1.52B | 1.42B | 1.43B | 1.4B | 1.37B | 895M | 2.06B | 1.33B | 1.31B | 1.55B | 1.58B | 1.57B | 1.53B | 1.58B | 1.45B | 1.37B | 1.34B | 1.37B |
| SG&A % of Revenue | 22.81% | 21.06% | 23.61% | 23.41% | 25.14% | 25.78% | 21.89% | 15.17% | 36.89% | 25.61% | 22.36% | 21.8% | 23.62% | 25.89% | 22.8% | 23.96% | 23.75% | 23.44% | 21% | 21.62% |
| Research & Development | 0 | 0 | 273M | 0 | 0 | 0 | 267M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | 4.24% | - | - | - | 4.27% | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 0 | -1000K | 0 | 0 | 0 | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 804M | 853M | 830M | 829M | 642M | 527M | 894M | 1.21B | -142M | 453M | 671M | 890M | 675M | 515M | 758M | 604M | 507M | 506M | 851M | 812M |
| Operating Margin % | 13.09% | 14.71% | 12.88% | 13.7% | 11.31% | 9.71% | 14.31% | 20.58% | -2.54% | 8.7% | 11.46% | 12.48% | 10.1% | 8.49% | 11.27% | 9.13% | 8.31% | 8.63% | 13.31% | 12.81% |
| Operating Income Growth % | 25.23% | 61.86% | -7.16% | -31.71% | 552.11% | 16.34% | 33.23% | 36.4% | -121.04% | -12.04% | -11.48% | 47.35% | 33.14% | 1.78% | -10.93% | -25.62% | -24.44% | 20.19% | 64.29% | 65.04% |
| EBITDA | 803M | 1.02B | 1.11B | 1.02B | 844M | 720M | 1.09B | 1.42B | 73M | 661M | 873M | 1.1B | 881M | 718M | 955M | 805M | 715M | 730M | 1.07B | 1.02B |
| EBITDA Margin % | 13.07% | 17.54% | 17.23% | 16.84% | 14.87% | 13.27% | 17.38% | 23.99% | 1.3% | 12.69% | 14.92% | 15.45% | 13.18% | 11.83% | 14.2% | 12.17% | 11.73% | 12.45% | 16.72% | 16.09% |
| EBITDA Growth % | -4.86% | 41.25% | 2.21% | -27.99% | 1056.16% | 8.93% | 24.4% | 28.4% | -91.71% | -7.94% | -8.59% | 36.89% | 23.22% | -1.64% | -10.66% | -21.08% | -19.03% | 16.24% | 47.65% | 46.97% |
| D&A (Non-Cash Add-back) | 0 | 164M | 280M | 190M | 202M | 193M | 192M | 201M | 215M | 208M | 202M | 212M | 206M | 203M | 197M | 201M | 208M | 224M | 218M | 208M |
| EBIT | 803M | 767M | 431M | 760M | 557M | 475M | 761M | 1.11B | -312M | 384M | 497M | 831M | 320M | 328M | 690M | 548M | 172M | 637M | 910M | 814M |
| Net Interest Income | -67M | -47M | 32M | -52M | -54M | -64M | -111M | -126M | -154M | -59M | -101M | -28M | -94M | -154M | -83M | -42M | -61M | -145M | -102M | -44M |
| Interest Income | 0 | 2M | 11M | 3M | 2M | 3M | 2M | 5M | 5M | 5M | 0 | 10M | 3M | 4M | 1M | 2M | 1M | 2M | 2M | 1M |
| Interest Expense | 67M | 49M | -21M | 55M | 56M | 67M | 113M | 131M | 159M | 64M | 101M | 38M | 97M | 158M | 84M | 44M | 62M | 147M | 104M | 45M |
| Other Income/Expense | -66M | -145M | -475M | -124M | -141M | -119M | -246M | -189M | -329M | -133M | -275M | -97M | -452M | -345M | -152M | -100M | -397M | -16M | -45M | -43M |
| Pretax Income | 738M | 708M | 355M | 705M | 501M | 408M | 648M | 1.02B | -471M | 320M | 396M | 793M | 223M | 170M | 606M | 504M | 110M | 490M | 806M | 769M |
| Pretax Margin % | 12.02% | 12.21% | 5.51% | 11.65% | 8.83% | 7.52% | 10.37% | 17.38% | -8.42% | 6.14% | 6.77% | 11.12% | 3.34% | 2.8% | 9.01% | 7.62% | 1.8% | 8.36% | 12.61% | 12.13% |
| Income Tax | 126M | 152M | 85M | 87M | 26M | 47M | 110M | 174M | -153M | -20M | -92M | -329M | 49M | 14M | -203M | 61M | 58M | 71M | 490M | 108M |
| Effective Tax Rate % | 17.07% | 21.47% | 23.94% | 12.34% | 5.19% | 11.52% | 16.98% | 16.98% | 32.48% | -6.25% | -23.23% | -41.49% | 21.97% | 8.24% | -33.5% | 12.1% | 52.73% | 14.49% | 60.79% | 14.04% |
| Net Income | 613M | 524M | 1.69B | 701M | 478M | 419M | 633M | 975M | -277M | 374M | 549M | 1.05B | 133M | 118M | 761M | 379M | 11M | 381M | 269M | 574M |
| Net Margin % | 9.98% | 9.04% | 26.28% | 11.58% | 8.42% | 7.72% | 10.13% | 16.53% | -4.95% | 7.18% | 9.38% | 14.71% | 1.99% | 1.94% | 11.32% | 5.73% | 0.18% | 6.5% | 4.21% | 9.05% |
| Net Income Growth % | 28.24% | 25.06% | 167.46% | -28.1% | 272.56% | 12.03% | 15.3% | -7.05% | -308.27% | 216.95% | -27.86% | 176.78% | 1109.09% | -69.03% | 182.9% | -33.97% | -96.79% | -15.52% | -39% | 415.38% |
| Net Income (Continuing) | 612M | 556M | 270M | 618M | 475M | 361M | 538M | 851M | -318M | 340M | 488M | 1.12B | 174M | 156M | 809M | 443M | 52M | 419M | 316M | 661M |
| Discontinued Operations | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 25M | 29M | 27M | 1.22B | 1.23B | 1.23B | 1.26B | 1.18B | 1.18B | 1.18B | 1.15B | 1.14B | 1.19B | 1.2B | 1.13B | 1.16B | 1.15B | 1.24B | 1.19B | 1.16B |
| EPS (Diluted) | 1.00 | 0.85 | 2.67 | 1.07 | 0.72 | 0.63 | 0.95 | 1.45 | -0.41 | 0.55 | 0.80 | 1.53 | 0.19 | 0.17 | 1.10 | 0.55 | 0.02 | 0.54 | 0.38 | 0.80 |
| EPS Growth % | 38.89% | 34.92% | 181.05% | -26.21% | 275.61% | 14.55% | 18.75% | -5.23% | -315.79% | 223.53% | -27.27% | 178.18% | 1110.19% | -68.52% | 189.47% | -31.25% | -96.73% | -12.9% | -36.67% | 420% |
| EPS (Basic) | 1.01 | 0.85 | 2.68 | 1.07 | 0.73 | 0.63 | 0.95 | 1.45 | -0.41 | 0.55 | 0.81 | 1.54 | 0.19 | 0.17 | 1.10 | 0.55 | 0.02 | 0.54 | 0.41 | 0.83 |
| Diluted Shares Outstanding | 613M | 633.4M | 633.4M | 657.4M | 661M | 676M | 668.1M | 679M | 679M | 679M | 679M | 679M | 689.7M | 679M | 679M | 679M | 679M | 679M | 679M | 719.7M |
| Basic Shares Outstanding | 606.93M | 630.8M | 630.8M | 655.4M | 659.1M | 673.8M | 665.3M | 679M | 679M | 679M | 679M | 679M | 689.7M | 679M | 679M | 679M | 679M | 679M | 679M | 679M |
| Dividend Payout Ratio | 39.8% | 46.76% | 14.35% | 34.66% | 51.26% | 58.47% | 39.02% | 25.54% | - | 67.38% | 45.72% | 23.64% | 180.45% | 204.24% | 31.8% | 64.38% | 2172.73% | 50.13% | 71.38% | 33.62% |