LeMaitre Vascular, Inc. (LMAT) 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 | 66.55M | 64.45M | 61.05M | 64.23M | 59.87M | 55.72M | 54.82M | 55.85M | 53.48M | 48.88M | 47.41M | 50.12M | 47.08M | 40.95M | 39.03M | 42.11M | 39.56M | 39.5M | 38.37M | 40.67M |
| Revenue Growth % | 11.16% | 15.68% | 11.36% | 15.01% | 11.95% | 13.98% | 15.63% | 11.44% | 13.6% | 19.36% | 21.48% | 19.02% | 18.99% | 3.67% | 1.72% | 3.54% | 10.25% | 5.21% | 5.36% | 63.66% |
| Cost of Goods Sold | 18.16M | 18.26M | 15.09M | 19.26M | 18.45M | 17.13M | 17.64M | 17.38M | 16.81M | 15.62M | 16.6M | 18.03M | 16.19M | 14.9M | 13.96M | 14.3M | 13.6M | 13.55M | 13.5M | 13.91M |
| COGS % of Revenue | 27.28% | 28.34% | 24.72% | 29.98% | 30.82% | 30.74% | 32.18% | 31.12% | 31.44% | 31.95% | 35% | 35.98% | 34.4% | 36.38% | 35.76% | 33.96% | 34.37% | 34.29% | 35.19% | 34.2% |
| Gross Profit | 48.4M | 46.19M | 45.95M | 44.97M | 41.42M | 38.59M | 37.18M | 38.47M | 36.66M | 33.27M | 30.82M | 32.09M | 30.88M | 26.05M | 25.07M | 27.81M | 25.96M | 25.96M | 24.87M | 26.76M |
| Gross Margin % | 72.72% | 71.66% | 75.28% | 70.02% | 69.18% | 69.26% | 67.82% | 68.88% | 68.56% | 68.05% | 65% | 64.02% | 65.6% | 63.62% | 64.24% | 66.04% | 65.63% | 65.71% | 64.81% | 65.8% |
| Gross Profit Growth % | 16.84% | 19.69% | 23.61% | 16.91% | 12.97% | 16.01% | 20.65% | 19.89% | 18.72% | 27.68% | 22.92% | 15.38% | 18.95% | 0.38% | 0.82% | 3.92% | 9.09% | 6.37% | 9.52% | 57.15% |
| Operating Expenses | 30.62M | 27.36M | 25.64M | 28.83M | 28.79M | 25.74M | 24.03M | 24.09M | 24.79M | 23.06M | 21.64M | 22.63M | 23.01M | 19.09M | 18.92M | 22.03M | 18.03M | 17.66M | 15.79M | 15.65M |
| OpEx % of Revenue | 46.01% | 42.45% | 42.01% | 44.89% | 48.09% | 46.19% | 43.84% | 43.13% | 46.36% | 47.17% | 45.63% | 45.16% | 48.88% | 46.61% | 48.48% | 52.31% | 45.59% | 44.69% | 41.16% | 38.49% |
| Selling, General & Admin | 26.56M | 23.82M | 22.67M | 25.29M | 24.7M | 22.12M | 20.37M | 19.8M | 20.7M | 18.71M | 17.41M | 17.94M | 18.83M | 15.53M | 15.46M | 15.57M | 15.1M | 14.2M | 12.95M | 13M |
| SG&A % of Revenue | 39.91% | 36.96% | 37.14% | 39.37% | 41.25% | 39.7% | 37.17% | 35.46% | 38.71% | 38.27% | 36.72% | 35.79% | 40% | 37.93% | 39.61% | 36.98% | 38.17% | 35.94% | 33.74% | 31.97% |
| Research & Development | 4.06M | 3.53M | 2.97M | 3.54M | 4.09M | 3.62M | 3.66M | 4.28M | 4.09M | 4.35M | 4.22M | 4.52M | 3.88M | 3.55M | 3.46M | 3.35M | 2.93M | 3.46M | 2.85M | 2.65M |
| R&D % of Revenue | 6.1% | 5.48% | 4.87% | 5.51% | 6.84% | 6.49% | 6.67% | 7.67% | 7.65% | 8.9% | 8.91% | 9.01% | 8.23% | 8.68% | 8.87% | 7.95% | 7.41% | 8.75% | 7.42% | 6.52% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 180K | 305K | 0 | 0 | 1000K | 0 | 0 | 0 | 0 |
| Operating Income | 17.77M | 18.83M | 20.31M | 16.14M | 12.63M | 12.85M | 13.15M | 14.38M | 11.87M | 10.21M | 9.18M | 9.45M | 7.87M | 6.97M | 6.15M | 5.78M | 7.93M | 8.3M | 9.07M | 11.11M |
| Operating Margin % | 26.71% | 29.22% | 33.27% | 25.13% | 21.09% | 23.07% | 23.98% | 25.75% | 22.2% | 20.88% | 19.36% | 18.86% | 16.73% | 17.01% | 15.76% | 13.74% | 20.04% | 21.01% | 23.65% | 27.31% |
| Operating Income Growth % | 40.78% | 46.51% | 54.49% | 12.25% | 6.33% | 25.95% | 43.22% | 52.14% | 50.8% | 46.49% | 49.27% | 63.42% | -0.68% | -16.07% | -32.22% | -47.92% | -0.21% | -13.03% | -9.43% | 127.96% |
| EBITDA | 17.77M | 21.44M | 22.93M | 18.79M | 15.18M | 15.33M | 15.57M | 16.76M | 14.26M | 12.65M | 11.57M | 11.78M | 10.22M | 9.26M | 8.48M | 8.23M | 10.3M | 11.19M | 12M | 13.98M |
| EBITDA Margin % | 26.71% | 33.26% | 37.55% | 29.25% | 25.35% | 27.52% | 28.41% | 30.02% | 26.66% | 25.88% | 24.41% | 23.5% | 21.72% | 22.6% | 21.72% | 19.54% | 26.04% | 28.31% | 31.27% | 34.37% |
| EBITDA Growth % | 17.11% | 39.83% | 47.2% | 12.09% | 6.47% | 21.21% | 34.55% | 42.33% | 39.42% | 36.67% | 36.53% | 43.15% | -0.74% | -17.26% | -29.34% | -41.14% | -2.54% | -7.4% | -5.54% | 114.7% |
| D&A (Non-Cash Add-back) | 0 | 2.61M | 2.61M | 2.65M | 2.55M | 2.48M | 2.43M | 2.38M | 2.38M | 2.44M | 2.4M | 2.33M | 2.35M | 2.29M | 2.33M | 2.44M | 2.37M | 2.88M | 2.92M | 2.87M |
| EBIT | 0 | 21.6M | 23.87M | 19.37M | 15.53M | 17.68M | 13.15M | 15.51M | 12.8M | 12.48M | 9.18M | 9.63M | 8.18M | 7.8M | 6.15M | 8.89M | 7.93M | 8.43M | 9.05M | 10.95M |
| Net Interest Income | 0 | 2.05M | 2.57M | 1.68M | 1.61M | 1.61M | 1.2M | 1.14M | 1M | 992K | 835K | 682K | 568K | 447K | 264K | 167K | 108K | -385K | -567K | -494K |
| Interest Income | 0 | 3.35M | 3.86M | 2.98M | 2.9M | 1.61M | 1.2M | 1.14M | 1M | 992K | 835K | 682K | 568K | 447K | 264K | 167K | 108K | 141K | 54K | 1K |
| Interest Expense | -1.3M | 1.3M | 1.3M | 1.3M | 1.29M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 526K | 621K | 495K |
| Other Income/Expense | 1.9M | 1.47M | 2.26M | 1.93M | 1.61M | 1.17M | 1.4M | 1.13M | 923K | 1.11M | 646K | 867K | 143K | 831K | -2K | -236K | 68K | -396K | -639K | -651K |
| Pretax Income | 19.67M | 20.3M | 22.57M | 18.07M | 14.24M | 14.02M | 14.55M | 15.51M | 12.8M | 11.31M | 9.83M | 10.32M | 8.02M | 7.8M | 6.15M | 5.55M | 8M | 7.91M | 8.43M | 10.46M |
| Pretax Margin % | 29.56% | 31.5% | 36.98% | 28.13% | 23.79% | 25.16% | 26.54% | 27.76% | 23.93% | 23.14% | 20.73% | 20.59% | 17.03% | 19.04% | 15.75% | 13.18% | 20.21% | 20.01% | 21.98% | 25.71% |
| Income Tax | 3.99M | 4.72M | 5.21M | 4.29M | 3.23M | 2.84M | 3.41M | 3.68M | 2.91M | 2.85M | 2.32M | 2.22M | 1.98M | 2.17M | 692K | 2.03M | 1.96M | 1.73M | 1.93M | 2.16M |
| Effective Tax Rate % | 20.3% | 23.24% | 23.09% | 23.75% | 22.68% | 20.23% | 23.43% | 23.73% | 22.74% | 25.17% | 23.65% | 21.52% | 24.66% | 27.84% | 11.26% | 36.64% | 24.49% | 21.88% | 22.88% | 20.62% |
| Net Income | 15.68M | 15.58M | 17.36M | 13.78M | 11.01M | 11.18M | 11.14M | 11.83M | 9.89M | 8.46M | 7.5M | 8.1M | 6.04M | 5.63M | 5.46M | 3.52M | 6.04M | 6.17M | 6.5M | 8.3M |
| Net Margin % | 23.56% | 24.18% | 28.44% | 21.45% | 18.39% | 20.07% | 20.32% | 21.18% | 18.49% | 17.32% | 15.82% | 16.16% | 12.83% | 13.74% | 13.98% | 8.35% | 15.26% | 15.63% | 16.95% | 20.41% |
| Net Income Growth % | 42.39% | 39.32% | 55.84% | 16.51% | 11.37% | 32.12% | 48.51% | 46.04% | 63.69% | 50.44% | 37.5% | 130.38% | 0.03% | -8.87% | -16.11% | -57.65% | 1.84% | -12.2% | -13.43% | 137.11% |
| Net Income (Continuing) | 15.68M | 15.58M | 17.36M | 13.78M | 11.01M | 11.18M | 11.14M | 11.83M | 9.89M | 8.46M | 7.5M | 8.1M | 6.04M | 5.63M | 5.46M | 3.52M | 6.04M | 6.17M | 6.5M | 8.3M |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.68 | 0.68 | 0.75 | 0.60 | 0.48 | 0.49 | 0.49 | 0.52 | 0.43 | 0.38 | 0.33 | 0.36 | 0.27 | 0.25 | 0.25 | 0.16 | 0.27 | 0.28 | 0.30 | 0.40 |
| EPS Growth % | 41.67% | 38.78% | 53.06% | 15.38% | 11.63% | 28.95% | 48.48% | 44.44% | 59.26% | 52% | 32% | 125% | 0% | -10.71% | -16.67% | -60% | -3.57% | -17.65% | -18.92% | 135.29% |
| EPS (Basic) | 0.69 | 0.69 | 0.77 | 0.61 | 0.49 | 0.50 | 0.50 | 0.53 | 0.43 | 0.38 | 0.34 | 0.36 | 0.27 | 0.26 | 0.25 | 0.16 | 0.28 | 0.28 | 0.30 | 0.40 |
| Diluted Shares Outstanding | 23.03M | 22.97M | 24.39M | 22.89M | 22.9M | 22.9M | 22.84M | 22.73M | 22.73M | 22.46M | 22.48M | 22.45M | 22.27M | 22.24M | 22.22M | 22.13M | 22.1M | 22.14M | 21.93M | 20.96M |
| Basic Shares Outstanding | 22.8M | 22.71M | 22.66M | 22.61M | 22.57M | 22.51M | 22.48M | 22.46M | 22.46M | 22.28M | 22.26M | 22.21M | 22.11M | 22.02M | 21.98M | 21.96M | 21.93M | 21.86M | 21.59M | 20.61M |
| Dividend Payout Ratio | - | 29.12% | 26.12% | 32.8% | 41.02% | 32.19% | 32.28% | 30.38% | 36.3% | 36.81% | 41.55% | 38.48% | 51.31% | 48.87% | 50.4% | 78.09% | 45.43% | 38.96% | 36.92% | 27.32% |