Primo Brands Corporation (PRMB) 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 | 1.63B | 1.55B | 1.77B | 1.73B | 1.61B | 1.4B | 511.4M | 1.31B | 1.14B | 1.09B | 470M | 450.6M | 412.5M | 405.1M | 584.6M | 571.4M | 526.1M | 518M | 550.8M | 526.1M |
| Revenue Growth % | 0.77% | 11.23% | 245.35% | 31.63% | 42.08% | 28.66% | 8.81% | 191.7% | 175.35% | 168.08% | -19.6% | -21.14% | -21.59% | -21.8% | 6.14% | 8.61% | 9.97% | 2.57% | 6.43% | 15.17% |
| Cost of Goods Sold | 1.14B | 1.14B | 1.24B | 1.19B | 1.09B | 965.5M | 180.6M | 884.6M | 790.3M | 771.8M | 166.7M | 159.8M | 153.5M | 156.4M | 236.4M | 239.1M | 226.5M | 230.7M | 242.4M | 228.9M |
| COGS % of Revenue | 70.16% | 73.12% | 70.09% | 68.74% | 67.71% | 69.1% | 35.31% | 67.3% | 69.58% | 71.07% | 35.47% | 35.46% | 37.21% | 38.61% | 40.44% | 41.84% | 43.05% | 44.54% | 44.01% | 43.51% |
| Gross Profit | 485.3M | 417.8M | 528.2M | 540.9M | 521M | 431.7M | 330.8M | 429.8M | 345.5M | 314.2M | 303.3M | 290.8M | 259M | 248.7M | 348.2M | 332.3M | 299.6M | 287.3M | 308.4M | 297.2M |
| Gross Margin % | 29.84% | 26.88% | 29.91% | 31.26% | 32.29% | 30.9% | 64.69% | 32.7% | 30.42% | 28.93% | 64.53% | 64.54% | 62.79% | 61.39% | 59.56% | 58.16% | 56.95% | 55.46% | 55.99% | 56.49% |
| Gross Profit Growth % | -6.85% | -3.22% | 59.67% | 25.85% | 50.8% | 37.4% | 9.07% | 47.8% | 33.4% | 26.34% | -12.89% | -12.49% | -13.55% | -13.44% | 12.91% | 11.81% | 13.27% | 1.95% | 1.41% | 16.69% |
| Operating Expenses | 336.7M | 349M | 381.8M | 378.4M | 328M | 335.7M | 262.3M | 257.6M | 214.9M | 223.7M | 244.8M | 246.6M | 234.6M | 221.3M | 297.3M | 291.6M | 278.3M | 262.4M | 262.8M | 259.4M |
| OpEx % of Revenue | 20.71% | 22.46% | 21.62% | 21.87% | 20.33% | 24.03% | 51.29% | 19.6% | 18.92% | 20.6% | 52.09% | 54.73% | 56.87% | 54.63% | 50.86% | 51.03% | 52.9% | 50.66% | 47.71% | 49.31% |
| Selling, General & Admin | 336.7M | 341.8M | 343M | 378.6M | 327.8M | 335.9M | 262.3M | 256.3M | 218.7M | 214.9M | 244.8M | 246.6M | 234.6M | 221.3M | 297.3M | 291.6M | 278.3M | 262.4M | 262.8M | 259.4M |
| SG&A % of Revenue | 20.71% | 21.99% | 19.42% | 21.88% | 20.31% | 24.04% | 51.29% | 19.5% | 19.26% | 19.79% | 52.09% | 54.73% | 56.87% | 54.63% | 50.86% | 51.03% | 52.9% | 50.66% | 47.71% | 49.31% |
| 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 | 1000K | 1000K | -200K | 200K | -200K | 0 | 1000K | -1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 148.1M | 68.8M | 146.4M | 162.5M | 193M | 96M | 68.5M | 172.2M | 130.6M | 90.5M | 58.5M | 44.2M | 24.4M | 27.4M | 50.9M | 40.7M | 21.3M | 24.9M | 45.6M | 37.8M |
| Operating Margin % | 9.11% | 4.43% | 8.29% | 9.39% | 11.96% | 6.87% | 13.39% | 13.1% | 11.5% | 8.33% | 12.45% | 9.81% | 5.92% | 6.76% | 8.71% | 7.12% | 4.05% | 4.81% | 8.28% | 7.18% |
| Operating Income Growth % | -23.26% | -28.33% | 113.72% | -5.63% | 47.78% | 6.08% | 17.09% | 289.59% | 435.25% | 230.29% | 14.93% | 8.6% | 14.55% | 10.04% | 11.62% | 7.67% | 41.06% | -31.97% | -5.98% | 61.54% |
| EBITDA | 289.1M | 242M | 309.5M | 307.8M | 321.6M | 202M | 119.5M | 246.5M | 205.8M | 173.6M | 107.8M | 91.4M | 71.5M | 73.5M | 110.5M | 100.9M | 82.5M | 85.6M | 98.9M | 89.8M |
| EBITDA Margin % | 17.78% | 15.57% | 17.52% | 17.79% | 19.93% | 14.46% | 23.37% | 18.75% | 18.12% | 15.99% | 22.94% | 20.28% | 17.33% | 18.14% | 18.9% | 17.66% | 15.68% | 16.53% | 17.96% | 17.07% |
| EBITDA Growth % | -10.11% | 19.8% | 159% | 24.87% | 56.27% | 16.36% | 10.85% | 169.69% | 187.83% | 136.19% | -2.44% | -9.42% | -13.33% | -14.14% | 11.73% | 12.36% | 20.97% | -1.95% | -3.13% | 17.85% |
| D&A (Non-Cash Add-back) | 141M | 173.2M | 163.1M | 145.3M | 128.6M | 106M | 51M | 74.3M | 75.2M | 83.1M | 49.3M | 47.2M | 47.1M | 46.1M | 59.6M | 60.2M | 61.2M | 60.7M | 53.3M | 52M |
| EBIT | 148.1M | 58.3M | 150M | 128.7M | 134.5M | -81M | 67M | 159M | 124.8M | 88.6M | 63.8M | 40.8M | 21.7M | 62.5M | 23.8M | -4.1M | 12.6M | 17.7M | 37.9M | 6M |
| Net Interest Income | -78.3M | -79.4M | -83.1M | -81.9M | -82.1M | -87.8M | -5.8M | -86.2M | -79.9M | -75.4M | -17.8M | -18.8M | -18.2M | -18.2M | -17.4M | -17M | -16.9M | -15.4M | -16.7M | -17.7M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 9.1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 78.3M | 79.4M | 83.1M | 81.9M | 82.1M | 87.8M | 14.9M | 86.2M | 79.9M | 75.4M | 17.8M | 18.8M | 18.2M | 18.2M | 17.4M | 17M | 16.9M | 15.4M | 16.7M | 17.7M |
| Other Income/Expense | -107.3M | -89.9M | -79.5M | -115.7M | -140.6M | -264.8M | -16.4M | -99.4M | -85.7M | -77.3M | -12.5M | -22.2M | -20.9M | 16.9M | -44.5M | -61.8M | -25.6M | -22.6M | -24.4M | -49.5M |
| Pretax Income | 40.8M | -21.1M | 66.9M | 46.8M | 52.4M | -168.8M | 52.1M | 72.8M | 44.9M | 13.2M | 46M | 22M | 3.5M | 44.3M | 6.4M | -21.1M | -4.3M | 2.3M | 21.2M | -11.7M |
| Pretax Margin % | 2.51% | -1.36% | 3.79% | 2.71% | 3.25% | -12.08% | 10.19% | 5.54% | 3.95% | 1.22% | 9.79% | 4.88% | 0.85% | 10.94% | 1.09% | -3.69% | -0.82% | 0.44% | 3.85% | -2.22% |
| Income Tax | 13.5M | 4.2M | 26.4M | 16.3M | 17.7M | -14.9M | 13.9M | 18.3M | 11.4M | 1.1M | 12.3M | 8.4M | 300K | 9.5M | 5.1M | 1.4M | 2.4M | 5.1M | 3.1M | -3.4M |
| Effective Tax Rate % | 33.09% | -19.91% | 39.46% | 34.83% | 33.78% | 8.83% | 26.68% | 25.14% | 25.39% | 8.33% | 26.74% | 38.18% | 8.57% | 21.44% | 79.69% | -6.64% | -55.81% | 221.74% | 14.62% | 29.06% |
| Net Income | 27.3M | -13M | 16.8M | 27.6M | 28.7M | -157.7M | 30.6M | 54.5M | 33.5M | 12.1M | 33.4M | 21.3M | 5.8M | 57.5M | 1.3M | -22.5M | -6.7M | -2.8M | 18.1M | -8.3M |
| Net Margin % | 1.68% | -0.84% | 0.95% | 1.6% | 1.78% | -11.29% | 5.98% | 4.15% | 2.95% | 1.11% | 7.11% | 4.73% | 1.41% | 14.19% | 0.22% | -3.94% | -1.27% | -0.54% | 3.29% | -1.58% |
| Net Income Growth % | -4.88% | 91.76% | -45.1% | -49.36% | -14.33% | -1403.31% | -8.38% | 155.87% | 477.59% | -78.96% | 2469.23% | 194.67% | 186.57% | 2153.57% | -92.82% | -171.08% | 34.31% | 86.27% | -19.2% | 93.64% |
| Net Income (Continuing) | 27.3M | -25.3M | 40.5M | 30.5M | 34.7M | -153.9M | 38.2M | 54.5M | 33.5M | 12.1M | 33.7M | 13.6M | 3.2M | 34.8M | 1.3M | -22.5M | -6.7M | -2.8M | 18.1M | -8.3M |
| Discontinued Operations | 0 | 1000K | -1000K | -1000K | -1000K | -1000K | -1000K | 0 | 0 | 0 | -300K | 1000K | 1000K | 1000K | 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) | 0.07 | -0.04 | 0.04 | 0.07 | 0.08 | -0.50 | 0.24 | 0.25 | 0.15 | 0.02 | 0.21 | 0.13 | 0.04 | 0.36 | 0.01 | -0.14 | -0.04 | -0.02 | 0.11 | -0.05 |
| EPS Growth % | -0.8% | 93% | -81.29% | -70.64% | -50.91% | -2350% | 14.29% | 91.77% | 283% | -93.78% | - | 193.12% | 196.15% | 2168.97% | -92.84% | -171.6% | 34.49% | 86.32% | -19.45% | 93.7% |
| EPS (Basic) | 0.08 | -0.03 | 0.05 | 0.07 | 0.08 | -0.50 | 0.24 | 0.25 | 0.15 | 0.02 | 0.21 | 0.13 | 0.04 | 0.36 | 0.01 | -0.14 | -0.04 | -0.02 | 0.11 | -0.05 |
| Diluted Shares Outstanding | 365.84M | 374.87M | 374.06M | 376.81M | 381.61M | 312.89M | 162.06M | 218.62M | 218.62M | 160.52M | 160.04M | 159.9M | 160.78M | 161.06M | 161.99M | 161.15M | 160.93M | 160.73M | 161.93M | 161.56M |
| Basic Shares Outstanding | 363.58M | 373.51M | 372.32M | 374.8M | 379.25M | 312.89M | 160.36M | 218.62M | 218.62M | 159.47M | 159.41M | 159.2M | 159.73M | 159.86M | 161.12M | 161.15M | 160.93M | 160.73M | 160.48M | 161.56M |
| Dividend Payout Ratio | 161.9% | - | 223.42% | 140.53% | 134.49% | - | 5.59% | 4.97% | 1142.39% | 320.04% | 38.12% | 61.93% | 220.69% | 17.29% | 835.94% | - | - | - | 49.35% | - |