ASHLAND INC.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $497.0M | $482.0M | $386.0M | $477.0M | $463.0M | $479.0M | $405.0M | $521.0M |
| Cost of Revenue | $327.0M | $335.0M | $281.0M | $318.0M | $331.0M | $332.0M | $294.0M | $348.0M |
| Gross Profit | $170.0M | $147.0M | $105.0M | $159.0M | $132.0M | $147.0M | $111.0M | $173.0M |
| Gross Margin | 34.2% | 30.5% | 27.2% | 33.3% | 28.5% | 30.7% | 27.4% | 33.2% |
| Operating Expenses | ||||||||
| Research & Development | $15.0M | $14.0M | $13.0M | $14.0M | $13.0M | $14.0M | $13.0M | $14.0M |
| SG&A Expense | $99.0M | $79.0M | $86.0M | $75.0M | $106.0M | $85.0M | $78.0M | $101.0M |
| Operating Income | $43.0M | $39.0M | $-6.0M | $61.0M | $-708.0M | $51.0M | $-179.0M | $32.0M |
| Operating Margin | 8.7% | 8.1% | -1.6% | 12.8% | -152.9% | 10.6% | -44.2% | 6.1% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $56.0M | $20.0M | $-15.0M | $65.0M | $-704.0M | $39.0M | $-209.0M | $25.0M |
| Income Tax Expense | $15.0M | $5.0M | $-1.0M | $32.0M | $15.0M | $9.0M | $-43.0M | $6.0M |
| Net Income | $16.0M | $16.0M | $-12.0M | $31.0M | $-742.0M | $31.0M | $-165.0M | $17.0M |
| Net Margin | 3.2% | 3.3% | -3.1% | 6.5% | -160.3% | 6.5% | -40.7% | 3.3% |
| EPS (Basic) | $0.35 | $0.34 | $-0.26 | $0.83 | $-16.21 | $0.65 | $-3.50 | $0.35 |
| EPS (Diluted) | $0.35 | $0.34 | $-0.26 | $0.83 | $-16.21 | $0.65 | $-3.50 | $0.34 |
| Shares Outstanding (Basic) | 46 | 46 | 46 | 46.0M | 46.0M | 47.0M | 47.0M | 49.0M |
| Shares Outstanding (Diluted) | 46 | 46 | 46 | 46.0M | 46.0M | 47.0M | 47.0M | 50.0M |
| Dividends Per Share | — | $41.50 | $41.50 | $41.50 | $41.50 | $40.50 | $40.50 | $40.50 |