North American Construction Group Ltd. (NOA) 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 | 320.04M | 305.33M | 317.25M | 320.63M | 340.83M | 305.59M | 286.86M | 276.31M | 297.03M | 326.3M | 194.74M | 195.19M | 244.33M | 233.42M | 191.38M | 168.03M | 176.71M | 181M | 165.96M | 139.33M |
| Revenue Growth % | -6.1% | -0.09% | 10.59% | 16.04% | 14.75% | -6.35% | 47.3% | 41.56% | 21.57% | 39.79% | 1.76% | 16.16% | 38.26% | 28.96% | 15.32% | 20.59% | 5.28% | 32.34% | 77.38% | 96.88% |
| Cost of Goods Sold | 277.68M | 267.02M | 267.52M | 284.8M | 302.94M | 263.6M | 221.76M | 225.96M | 243.53M | 260.84M | 168.43M | 173.59M | 203.23M | 190.83M | 166.82M | 155.59M | 154.76M | 157.94M | 144.25M | 124.88M |
| COGS % of Revenue | 86.76% | 87.45% | 84.33% | 88.83% | 88.88% | 86.26% | 77.31% | 81.77% | 81.99% | 79.94% | 86.49% | 88.94% | 83.18% | 81.75% | 87.16% | 92.6% | 87.58% | 87.26% | 86.92% | 89.63% |
| Gross Profit | 42.36M | 38.31M | 49.72M | 35.83M | 37.89M | 41.99M | 65.1M | 50.36M | 53.49M | 65.45M | 26.31M | 21.59M | 41.1M | 42.59M | 24.57M | 12.44M | 21.95M | 23.06M | 21.71M | 14.45M |
| Gross Margin % | 13.24% | 12.55% | 15.67% | 11.17% | 11.12% | 13.74% | 22.69% | 18.23% | 18.01% | 20.06% | 13.51% | 11.06% | 16.82% | 18.25% | 12.84% | 7.4% | 12.42% | 12.74% | 13.08% | 10.37% |
| Gross Profit Growth % | 11.8% | -8.77% | -23.62% | -28.85% | -29.17% | -35.85% | 147.41% | 133.2% | 30.16% | 53.69% | 7.1% | 73.59% | 87.24% | 84.66% | 13.15% | -13.93% | -29.62% | -0.89% | 46.87% | -31.49% |
| Operating Expenses | 20.49M | 17.1M | 13.98M | 13.04M | 7.31M | 19.45M | 11.29M | 10.96M | 15.01M | 19.68M | 12.17M | 11.26M | 15.39M | 11.03M | 6.92M | 6.14M | 6.31M | 5.6M | 7.34M | 13.27M |
| OpEx % of Revenue | 6.4% | 5.6% | 4.41% | 4.07% | 2.14% | 6.36% | 3.94% | 3.97% | 5.05% | 6.03% | 6.25% | 5.77% | 6.3% | 4.72% | 3.61% | 3.65% | 3.57% | 3.09% | 4.42% | 9.52% |
| Selling, General & Admin | 20.49M | 17.1M | 12.87M | 12.66M | 7.68M | 19.32M | 10.95M | 10.62M | 14.44M | 18.21M | 12.48M | 11.97M | 14.18M | 11.56M | 7.01M | 5.05M | 6.23M | 5.34M | 7.07M | 13.62M |
| SG&A % of Revenue | 6.4% | 5.6% | 4.06% | 3.95% | 2.25% | 6.32% | 3.82% | 3.84% | 4.86% | 5.58% | 6.41% | 6.13% | 5.8% | 4.95% | 3.66% | 3.01% | 3.53% | 2.95% | 4.26% | 9.78% |
| 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 | 0 | 0 | 1000K | 379K | -373K | 126K | 348K | 340K | 571K | 1000K | -311K | -713K | 1000K | -533K | -95K | 1000K | 77K | 263K | 264K | -354K |
| Operating Income | 21.87M | 21.21M | 35.75M | 22.79M | 30.58M | 22.54M | 53.8M | 39.4M | 38.48M | 45.78M | 14.14M | 10.33M | 25.71M | 31.57M | 17.65M | 6.3M | 15.64M | 17.46M | 14.37M | 1.19M |
| Operating Margin % | 6.83% | 6.95% | 11.27% | 7.11% | 8.97% | 7.38% | 18.76% | 14.26% | 12.96% | 14.03% | 7.26% | 5.29% | 10.52% | 13.52% | 9.22% | 3.75% | 8.85% | 9.65% | 8.66% | 0.85% |
| Operating Income Growth % | -28.48% | -5.91% | -33.56% | -42.15% | -20.52% | -50.75% | 280.57% | 281.22% | 49.68% | 45.03% | -19.89% | 64.01% | 64.35% | 80.74% | 22.79% | 430.83% | -29.23% | 47.31% | 50.96% | -91.87% |
| EBITDA | 78.59M | 74.18M | 85.24M | 77.3M | 91.3M | 67.31M | 92.16M | 82.55M | 86.34M | 87.77M | 42.73M | 34.69M | 62.09M | 67.42M | 44.02M | 32.64M | 46.33M | 46.51M | 35.8M | 27.56M |
| EBITDA Margin % | 24.55% | 24.3% | 26.87% | 24.11% | 26.79% | 22.03% | 32.13% | 29.87% | 29.07% | 26.9% | 21.94% | 17.77% | 25.41% | 28.89% | 23% | 19.43% | 26.22% | 25.7% | 21.57% | 19.78% |
| EBITDA Growth % | -13.92% | 10.21% | -7.51% | -6.36% | 5.74% | -23.31% | 115.68% | 137.98% | 39.05% | 30.17% | -2.94% | 6.27% | 34.01% | 44.96% | 22.98% | 18.45% | -13.03% | 21.81% | 26.2% | 5.39% |
| D&A (Non-Cash Add-back) | 56.71M | 52.97M | 49.49M | 54.51M | 60.71M | 44.77M | 38.35M | 43.15M | 47.86M | 41.99M | 28.59M | 24.35M | 36.38M | 35.86M | 26.38M | 26.34M | 30.69M | 29.05M | 21.43M | 26.37M |
| EBIT | 21.87M | 21.21M | 38.01M | 29.45M | 23.34M | 18.14M | 34.89M | 33.42M | 30.82M | 41.83M | 20.94M | 21.4M | 37.27M | 40.48M | 31.48M | 14.37M | 21.7M | 22.04M | 20.89M | 6.36M |
| Net Interest Income | -16.73M | -16.01M | -14.49M | -13.43M | -12.93M | -14.4M | -15M | -13.57M | -11.51M | -10.57M | -5.98M | -5.67M | -5.41M | -5.73M | -4.71M | -4.32M | -3.74M | -4.15M | -3.82M | -3.55M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | -697K | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | 16.73M | 16.01M | 14.49M | 13.43M | 12.93M | 13.7M | 15M | 13.57M | 11.51M | 10.57M | 5.98M | 5.67M | 5.41M | 5.73M | 4.71M | 4.32M | 3.74M | 4.15M | 3.82M | 3.55M |
| Other Income/Expense | -12.05M | -14.7M | -12.22M | -6.77M | -20.18M | -18.11M | -33.14M | -19.55M | -22.5M | -17.2M | -1.02M | 3.69M | 4.54M | 1.41M | 7.55M | 2.77M | 1.56M | 331K | 1.99M | 1.01M |
| Pretax Income | 9.82M | 6.52M | 23.52M | 16.02M | 10.41M | 4.43M | 20.67M | 19.85M | 15.98M | 28.58M | 13.12M | 14.02M | 30.25M | 32.97M | 25.2M | 9.07M | 17.2M | 17.8M | 16.36M | 2.2M |
| Pretax Margin % | 3.07% | 2.13% | 7.42% | 5% | 3.05% | 1.45% | 7.21% | 7.18% | 5.38% | 8.76% | 6.74% | 7.18% | 12.38% | 14.12% | 13.17% | 5.4% | 9.73% | 9.83% | 9.86% | 1.58% |
| Income Tax | 4.25M | 6.39M | 6.23M | 5.77M | 4.24M | -375K | 6.77M | 5.35M | 4.47M | 10.93M | 1.73M | 1.76M | 8.4M | 6.89M | 4.98M | 1.56M | 3.64M | 2.49M | 2.39M | -540K |
| Effective Tax Rate % | 43.31% | 98.08% | 26.48% | 36.02% | 40.78% | -8.46% | 32.74% | 26.93% | 27.96% | 38.25% | 13.21% | 12.53% | 27.78% | 20.89% | 19.77% | 17.16% | 21.18% | 13.98% | 14.6% | -24.52% |
| Net Income | 5.57M | 124.9K | 17.3M | 10.25M | 6.16M | 4.81M | 13.9M | 14.5M | 11.51M | 17.65M | 11.39M | 12.26M | 21.85M | 26.08M | 20.22M | 7.51M | 13.56M | 15.31M | 13.97M | 2.74M |
| Net Margin % | 1.74% | 0.04% | 5.45% | 3.2% | 1.81% | 1.57% | 4.85% | 5.25% | 3.88% | 5.41% | 5.85% | 6.28% | 8.94% | 11.17% | 10.57% | 4.47% | 7.67% | 8.46% | 8.42% | 1.97% |
| Net Income Growth % | -9.65% | -97.4% | 24.42% | -29.33% | -46.46% | -72.75% | 22.08% | 18.28% | -47.31% | -32.34% | -43.68% | 63.19% | 61.14% | 70.38% | 44.71% | 174.03% | -30.07% | 52.41% | 104.58% | -79.38% |
| Net Income (Continuing) | 5.57M | 124.9K | 17.3M | 10.25M | 6.16M | 4.81M | 13.9M | 14.5M | 11.51M | 17.65M | 11.39M | 12.26M | 21.85M | 26.08M | 20.22M | 7.51M | 13.56M | 15.31M | 13.97M | 2.74M |
| 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) | 0.20 | 0.00 | 0.56 | 0.33 | 0.21 | 0.19 | 0.47 | 0.42 | 0.39 | 0.58 | 0.39 | 0.42 | 0.66 | 0.78 | 0.61 | 0.25 | 0.39 | 0.44 | 0.44 | 0.09 |
| EPS Growth % | -4.76% | -97.68% | 19.15% | -21.43% | -46.15% | -67.24% | 20.51% | 0% | -40.91% | -25.64% | -36.07% | 68% | 69.23% | 77.27% | 38.64% | 177.78% | -37.1% | 41.94% | 100% | -78.57% |
| EPS (Basic) | 0.20 | 0.00 | 0.59 | 0.35 | 0.22 | 0.21 | 0.52 | 0.52 | 0.43 | 0.66 | 0.43 | 0.46 | 0.83 | 0.97 | 0.75 | 0.25 | 0.39 | 0.54 | 0.49 | 0.10 |
| Diluted Shares Outstanding | 28.5M | 28.24M | 32.28M | 32.56M | 28.86M | 33.09M | 33.09M | 33.03M | 33.03M | 33.03M | 33.01M | 33.01M | 32.94M | 33.35M | 33.35M | 29.54M | 35.11M | 35.11M | 35.2M | 30.01M |
| Basic Shares Outstanding | 27.63M | 28.24M | 29.17M | 29.35M | 27.86M | 29.85M | 29.85M | 26.73M | 26.73M | 26.74M | 33.01M | 33.01M | 32.94M | 33.35M | 33.35M | 29.54M | 35.11M | 28.43M | 28.44M | 28.08M |
| Dividend Payout Ratio | 58.91% | 2707.2% | 19.83% | 34.7% | 49.03% | 55.82% | 18.79% | 18.44% | 23.23% | 15.15% | 23.19% | 21.38% | 9.6% | 8.15% | 11.04% | 23.53% | - | 5.89% | 8.02% | 33.07% |