AZENTA, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $593.8M | $573.4M | $551.5M | $555.5M | $513.7M | $388.5M | $334.2M | $631.6M |
| Products | — | — | — | — | — | — | — | — |
| Services | — | — | — | — | — | — | — | — |
| Cost of Revenue | $323.5M | $318.8M | $312.3M | $299.9M | $269.9M | $216.4M | $199.6M | $385.5M |
| Gross Profit | $270.3M | $254.6M | $239.2M | $255.6M | $243.8M | $172.1M | $134.6M | $246.1M |
| Gross Margin | 45.5% | 44.4% | 43.4% | 46.0% | 47.5% | 44.3% | 40.3% | 39.0% |
| Operating Expenses | ||||||||
| Research & Development | $30.4M | $31.5M | $32.1M | $27.5M | $22.4M | $17.8M | $17.3M | $46.9M |
| SG&A Expense | $261.6M | $263.0M | $263.7M | $251.5M | $252.1M | $190.3M | $163.3M | $167.0M |
| Operating Income | $-26.8M | $-51.3M | $-61.2M | $-24.7M | $-31.1M | $-36.6M | $-47.4M | $31.4M |
| Operating Margin | -4.5% | -8.9% | -11.1% | -4.5% | -6.1% | -9.4% | -14.2% | 5.0% |
| Interest Expense | — | — | — | $4.6M | $2.0M | $2.9M | $22.3M | $9.5M |
| Pretax Income | $-7.1M | $-19.1M | $-20.0M | $-9.9M | $-49.0M | $-40.3M | $-84.0M | $20.5M |
| Income Tax Expense | $-31.6M | $5.2M | $-12.0M | $1.4M | $-20.1M | $-13.9M | $-22.8M | $-47.3M |
| Net Income | $-55.8M | $-164.9M | $-14.6M | $2.13B | $110.7M | $64.9M | $437.4M | $116.6M |
| Net Margin | -9.4% | -28.8% | -2.7% | 384.0% | 21.6% | 16.7% | 130.9% | 18.5% |
| EPS (Basic) | $-1.22 | $-3.10 | $-0.22 | $28.48 | $1.49 | $0.88 | $6.08 | $1.65 |
| EPS (Diluted) | $-1.22 | $-3.10 | $-0.22 | $28.48 | $1.49 | $0.88 | $6.04 | $1.64 |
| Shares Outstanding (Basic) | 45.7M | 53.2M | 66.3M | 74.9M | 74.2M | 73.6M | 72.0M | 70.5M |
| Shares Outstanding (Diluted) | 45.9M | 53.2M | 66.3M | 74.9M | 74.5M | 73.9M | 72.4M | 70.9M |
| Dividends Per Share | — | — | — | $0.10 | $0.40 | $0.40 | $0.40 | $0.40 |