LSI Industries Inc. (LYTS) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'26 | 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 |
|---|
| Sales/Revenue | 150.53M | 147M | 157.25M | 155.07M | 132.48M | 147.73M | 138.09M | 129.01M | 108.19M | 109M | 123.44M | 123.64M | 117.47M | 128.8M | 127.07M | 127.47M | 110.11M | 111.14M | 106.4M | 97.02M |
| Revenue Growth % | 13.62% | -0.5% | 13.87% | 20.2% | 22.46% | 35.53% | 11.87% | 4.34% | -7.9% | -15.37% | -2.86% | -3.01% | 6.68% | 15.89% | 19.43% | 31.39% | 52.5% | 45.5% | 51.98% | 52.85% |
| Cost of Goods Sold | 113.67M | 111.05M | 116.97M | 114.64M | 99.64M | 112.87M | 104.45M | 95.17M | 76.98M | 77.47M | 86.85M | 87.77M | 85.27M | 94.66M | 92.33M | 95.01M | 83.32M | 85.69M | 81.89M | 74.11M |
| COGS % of Revenue | 75.52% | 75.55% | 74.39% | 73.93% | 75.21% | 76.4% | 75.63% | 73.77% | 71.15% | 71.07% | 70.36% | 70.99% | 72.59% | 73.49% | 72.66% | 74.54% | 75.67% | 77.1% | 76.96% | 76.39% |
| Gross Profit | 36.85M | 35.95M | 40.28M | 40.43M | 32.84M | 34.86M | 33.65M | 33.83M | 31.21M | 31.54M | 36.59M | 35.86M | 32.2M | 34.14M | 34.74M | 32.46M | 26.79M | 25.45M | 24.51M | 22.9M |
| Gross Margin % | 24.48% | 24.45% | 25.61% | 26.07% | 24.79% | 23.6% | 24.37% | 26.23% | 28.85% | 28.93% | 29.64% | 29.01% | 27.41% | 26.51% | 27.34% | 25.46% | 24.33% | 22.9% | 23.04% | 23.61% |
| Gross Profit Growth % | 12.2% | 3.12% | 19.7% | 19.5% | 5.23% | 10.54% | -8.04% | -5.66% | -3.09% | -7.63% | 5.33% | 10.49% | 20.2% | 34.16% | 41.73% | 41.71% | 48.09% | 29.14% | 34.14% | 45.25% |
| Operating Expenses | 25.91M | 26.82M | 29.3M | 28.48M | 26.61M | 26.4M | 24.52M | 24.82M | 23.55M | 23.72M | 25.56M | 25.63M | 24.47M | 25.1M | 24.72M | 25.28M | 21.63M | 21.03M | 20.07M | 21.86M |
| OpEx % of Revenue | 17.22% | 18.24% | 18.64% | 18.37% | 20.08% | 17.87% | 17.75% | 19.24% | 21.77% | 21.76% | 20.71% | 20.73% | 20.83% | 19.49% | 19.45% | 19.83% | 19.65% | 18.92% | 18.86% | 22.53% |
| Selling, General & Admin | 56.12M | 26.82M | 29.3M | 28.41M | 26.61M | 26.4M | 24.52M | 24.83M | 23.55M | 23.72M | 25.56M | 25.59M | 24.47M | 25.09M | 24.72M | 25.28M | 21.63M | 21.03M | 20.07M | 21.85M |
| SG&A % of Revenue | 37.28% | 18.24% | 18.64% | 18.32% | 20.08% | 17.87% | 17.75% | 19.25% | 21.77% | 21.76% | 20.71% | 20.7% | 20.83% | 19.48% | 19.45% | 19.83% | 19.65% | 18.92% | 18.86% | 22.52% |
| Research & Development | 0 | 0 | 0 | 3.3M | 0 | 0 | 0 | 3.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | 2.13% | - | - | - | 2.71% | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | -1000K | 0 | 0 | -1000K | 0 | 0 | 0 | -1000K | 0 | 0 | 0 | 35K | 0 | 15K | 0 | 7K | 0 | 0 | 0 | 10K |
| Operating Income | 10.94M | 9.13M | 10.97M | 11.94M | 6.24M | 8.46M | 9.13M | 9.01M | 7.66M | 7.82M | 11.03M | 10.24M | 7.73M | 9.04M | 10.02M | 7.17M | 5.16M | 4.42M | 4.44M | 1.05M |
| Operating Margin % | 7.27% | 6.21% | 6.98% | 7.7% | 4.71% | 5.73% | 6.61% | 6.98% | 7.08% | 7.17% | 8.93% | 8.28% | 6.58% | 7.02% | 7.89% | 5.63% | 4.69% | 3.98% | 4.18% | 1.08% |
| Operating Income Growth % | 75.41% | 7.97% | 20.16% | 32.56% | -18.6% | 8.19% | -17.2% | -11.99% | -0.93% | -13.49% | 10.05% | 42.7% | 49.82% | 104.39% | 125.5% | 585.85% | 146.23% | 64.63% | 101.82% | -43.34% |
| EBITDA | 14.33M | 12.36M | 14.17M | 15.5M | 9.3M | 11.48M | 12.07M | 11.87M | 10.07M | 10.18M | 13.4M | 12.61M | 10.19M | 11.46M | 12.44M | 9.66M | 7.69M | 6.96M | 7.01M | 3.22M |
| EBITDA Margin % | 9.52% | 8.41% | 9.01% | 9.99% | 7.02% | 7.77% | 8.74% | 9.2% | 9.31% | 9.34% | 10.85% | 10.2% | 8.67% | 8.89% | 9.79% | 7.58% | 6.99% | 6.26% | 6.59% | 3.32% |
| EBITDA Growth % | 54.15% | 7.69% | 17.41% | 30.62% | -7.72% | 12.78% | -9.91% | -5.87% | -1.1% | -11.18% | 7.69% | 30.5% | 32.44% | 64.61% | 77.57% | 200.28% | 91.53% | 48.85% | 65.45% | -16.85% |
| D&A (Non-Cash Add-back) | 3.39M | 3.23M | 3.2M | 3.56M | 3.06M | 3.02M | 2.94M | 2.86M | 2.42M | 2.36M | 2.37M | 2.37M | 2.46M | 2.42M | 2.42M | 2.49M | 2.53M | 2.54M | 2.56M | 2.17M |
| EBIT | 3.83M | 8.97M | 10.44M | 12.64M | 6.26M | 8.08M | 9.19M | 8.89M | 7.58M | 7.85M | 10.93M | 10.31M | 7.8M | 9.09M | 9.81M | 7.06M | 5.22M | 4.41M | 4.37M | 1.02M |
| Net Interest Income | -474K | -573K | -747K | -865K | -661K | -728K | -875K | -1M | -134K | -453K | -566K | -763K | -877K | -1.26M | -788K | -681K | -524K | -529K | -234K | -97K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15K |
| Interest Expense | 474K | 573K | 747K | 865K | 661K | 728K | 875K | 1M | 134K | 453K | 566K | 764K | 877K | 1.26M | 788K | 682K | 524K | 529K | 234K | 112K |
| Other Income/Expense | -7.58M | -738K | -1.28M | -167K | -639K | -1.11M | -814K | -1.12M | -209K | -424K | -662K | -692K | -806K | -1.2M | -1M | -796K | -469K | -538K | -313K | -140K |
| Pretax Income | 3.36M | 8.39M | 9.7M | 11.78M | 5.6M | 7.35M | 8.32M | 7.89M | 7.45M | 7.39M | 10.37M | 9.54M | 6.93M | 7.83M | 9.02M | 6.38M | 4.69M | 3.88M | 4.13M | 906K |
| Pretax Margin % | 2.23% | 5.71% | 6.17% | 7.59% | 4.22% | 4.97% | 6.02% | 6.11% | 6.89% | 6.78% | 8.4% | 7.72% | 5.9% | 6.08% | 7.1% | 5% | 4.26% | 3.49% | 3.88% | 0.93% |
| Income Tax | 1.27M | 2.05M | 2.43M | 3.61M | 1.71M | 1.7M | 1.64M | 2.22M | 2.08M | 1.49M | 2.34M | 1.13M | 2.26M | 1.42M | 2.76M | 1.2M | 1.07M | 779K | 998K | 708K |
| Effective Tax Rate % | 37.73% | 24.38% | 25.07% | 30.62% | 30.61% | 23.16% | 19.66% | 28.13% | 27.86% | 20.14% | 22.55% | 11.84% | 32.59% | 18.1% | 30.58% | 18.85% | 22.89% | 20.06% | 24.16% | 78.15% |
| Net Income | 2.09M | 6.35M | 7.26M | 8.17M | 3.88M | 5.65M | 6.68M | 5.67M | 5.38M | 5.91M | 8.03M | 8.41M | 4.67M | 6.42M | 6.26M | 5.18M | 3.62M | 3.1M | 3.13M | 198K |
| Net Margin % | 1.39% | 4.32% | 4.62% | 5.27% | 2.93% | 3.82% | 4.84% | 4.39% | 4.97% | 5.42% | 6.5% | 6.81% | 3.97% | 4.98% | 4.93% | 4.06% | 3.29% | 2.79% | 2.94% | 0.2% |
| Net Income Growth % | -46.15% | 12.41% | 8.71% | 44.16% | -27.76% | -4.39% | -16.77% | -32.64% | 15.12% | -7.96% | 28.2% | 62.58% | 29.05% | 106.67% | 99.87% | 2514.14% | 145.79% | 40.63% | 57.44% | -86.91% |
| Net Income (Continuing) | 2.09M | 6.35M | 7.26M | 8.17M | 3.88M | 5.65M | 6.68M | 5.67M | 5.38M | 5.91M | 8.03M | 8.41M | 4.67M | 6.42M | 6.26M | 5.18M | 3.62M | 3.1M | 3.13M | 198K |
| 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) | 0.06 | 0.20 | 0.23 | 0.26 | 0.13 | 0.18 | 0.22 | 0.19 | 0.18 | 0.20 | 0.27 | 0.28 | 0.16 | 0.22 | 0.22 | 0.18 | 0.13 | 0.11 | 0.11 | 0.01 |
| EPS Growth % | -52.46% | 11.11% | 4.55% | 36.84% | -27.78% | -10% | -18.52% | -32.14% | 12.5% | -9.09% | 22.73% | 55.56% | 23.08% | 100% | 100% | 1700% | 160% | 37.5% | 57.14% | -83.33% |
| EPS (Basic) | 0.06 | 0.20 | 0.24 | 0.27 | 0.13 | 0.19 | 0.23 | 0.19 | 0.18 | 0.20 | 0.28 | 0.30 | 0.17 | 0.23 | 0.23 | 0.19 | 0.13 | 0.11 | 0.12 | 0.01 |
| Diluted Shares Outstanding | 32.39M | 31.68M | 31.38M | 30.97M | 30.97M | 30.88M | 30.53M | 30.25M | 30.12M | 30.04M | 29.95M | 29.68M | 29.61M | 29.2M | 28.66M | 28.14M | 28.08M | 28.07M | 27.74M | 27.7M |
| Basic Shares Outstanding | 31.53M | 30.8M | 30.45M | 30.09M | 30M | 29.93M | 29.59M | 29.26M | 29.16M | 29.02M | 28.76M | 28.47M | 28.31M | 28.08M | 27.64M | 27.48M | 27.38M | 27.29M | 27M | 26.84M |
| Dividend Payout Ratio | 74.13% | 24.5% | 20.99% | 18.37% | 38.53% | 26.42% | 22.16% | 25.71% | 27.05% | 24.48% | 17.19% | 16.32% | 29.36% | 20.04% | 22.48% | 25.75% | 36.82% | 42.87% | 42.32% | 669.19% |