ARTS WAY MANUFACTURING CO INC
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $23.0M | $24.5M | $30.3M | $25.6M | $25.0M | $22.4M | $22.9M |
| Cost of Revenue | — | $16.7M | $17.2M | $21.7M | $18.7M | $18.4M | $20.0M | $19.0M |
| Gross Profit | — | $6.3M | $7.3M | $8.6M | $6.9M | $6.6M | $2.4M | $3.9M |
| Gross Margin | — | 27.3% | 29.8% | 28.3% | 27.1% | 26.4% | 10.7% | 17.2% |
| Operating Expenses | ||||||||
| Research & Development | — | $228.0K | $216.0K | $204.0K | $193.0K | $152.0K | $199.0K | $149.0K |
| SG&A Expense | — | $4.2M | $4.8M | $4.3M | $3.8M | $3.6M | $4.2M | $3.3M |
| Operating Income | — | $289.5K | $460.7K | $1.5M | $604.7K | $523.4K | $-3.9M | $-1.5M |
| Operating Margin | — | 1.3% | 1.9% | 5.1% | 2.4% | 2.1% | -17.4% | -6.5% |
| Interest Expense | — | — | — | $590.0K | $404.2K | $313.5K | $304.6K | $358.2K |
| Pretax Income | — | $1.4M | $-135.5K | $1.1M | $440.9K | $266.9K | $-3.0M | $-1.8M |
| Income Tax Expense | — | $402.2K | $-41.0K | $326.0K | $66.8K | $54.3K | $-856.5K | $-349.2K |
| Net Income | — | $1.0M | $307.4K | $267.0K | $97.8K | $212.6K | $-2.1M | $-1.4M |
| Net Margin | — | 4.5% | 1.3% | 0.9% | 0.4% | 0.9% | -9.4% | -6.2% |
| EPS (Basic) | — | $0.20 | $0.06 | $0.05 | $0.02 | $0.05 | $-0.48 | $-0.33 |
| EPS (Diluted) | — | $0.20 | $0.06 | $0.05 | $0.02 | $0.05 | $-0.48 | $-0.33 |
| Shares Outstanding (Basic) | 5.2M | 5.1M | 5.1M | 5.0M | 4.7M | 4.5M | 4.4M | 4.3M |
| Shares Outstanding (Diluted) | 5.2M | 5.1M | 5.1M | 5.0M | 4.7M | 4.5M | 4.4M | 4.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |