BENCHMARK ELECTRONICS, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.66B | $2.66B | $2.84B | $2.89B | $2.26B | $2.05B | $2.27B | $2.57B |
| Cost of Revenue | $2.39B | $2.39B | $2.57B | $2.63B | $2.05B | $1.88B | $2.08B | $2.36B |
| Gross Profit | $270.1M | $270.0M | $271.1M | $255.2M | $205.9M | $175.0M | $185.5M | $205.8M |
| Gross Margin | 10.2% | 10.2% | 9.5% | 8.8% | 9.1% | 8.5% | 8.2% | 8.0% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $159.7M | $149.5M | $147.0M | $150.2M | $136.7M | $122.2M | $126.7M | $128.4M |
| Operating Income | $76.0M | $109.4M | $109.7M | $90.1M | $53.1M | $25.1M | $28.5M | $58.5M |
| Operating Margin | 2.9% | 4.1% | 3.9% | 3.1% | 2.4% | 1.2% | 1.3% | 2.3% |
| Interest Expense | $20.2M | $26.9M | $31.9M | $12.9M | $8.5M | $8.4M | $6.7M | $10.5M |
| Pretax Income | $61.5M | $83.9M | $81.2M | $84.3M | $45.4M | $17.3M | $27.3M | $55.5M |
| Income Tax Expense | $36.7M | $22.8M | $12.3M | $16.1M | $9.6M | $3.2M | $3.8M | $32.7M |
| Net Income | $24.9M | $61.1M | $68.9M | $68.2M | $35.8M | $14.1M | $23.4M | $22.8M |
| Net Margin | 0.9% | 2.3% | 2.4% | 2.4% | 1.6% | 0.7% | 1.0% | 0.9% |
| EPS (Basic) | $0.69 | $1.70 | $1.94 | $1.94 | $1.00 | $0.38 | $0.61 | $0.49 |
| EPS (Diluted) | $0.68 | $1.66 | $1.92 | $1.91 | $0.99 | $0.38 | $0.60 | $0.49 |
| Shares Outstanding (Basic) | 35.9M | 36.0M | 35.6M | 35.2M | 35.7M | 36.5M | 38.3M | 46.3M |
| Shares Outstanding (Diluted) | 36.3M | 36.8M | 36.0M | 35.7M | 36.1M | 36.8M | 38.8M | 46.7M |
| Dividends Per Share | — | — | — | — | — | — | $0.15 | — |