BRADY CORP
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.66B | $1.51B | $1.34B | $1.33B | $1.30B | $1.14B | $1.08B | $1.16B |
| Cost of Revenue | $801.7M | $752.8M | $653.5M | $674.6M | $670.5M | $583.3M | $552.7M | $582.0M |
| Gross Profit | $859.8M | $760.8M | $687.9M | $657.3M | $631.6M | $561.4M | $528.6M | $578.7M |
| Gross Margin | 51.7% | 50.3% | 51.3% | 49.4% | 48.5% | 49.0% | 48.9% | 49.9% |
| Operating Expenses | ||||||||
| Research & Development | $94.0M | $79.9M | $67.7M | $61.4M | $58.5M | $44.6M | $40.7M | $45.2M |
| SG&A Expense | $502.3M | $444.3M | $376.7M | $370.7M | $380.0M | $349.8M | $336.1M | $371.1M |
| Operating Income | $263.5M | $236.6M | $243.4M | $225.2M | $193.0M | $167.1M | $138.0M | $162.4M |
| Operating Margin | 15.9% | 15.6% | 18.1% | 16.9% | 14.8% | 14.6% | 12.8% | 14.0% |
| Interest Expense | $9.7M | $4.7M | $3.1M | $3.5M | $1.3M | $437.0K | $2.2M | $2.8M |
| Pretax Income | $259.4M | $237.1M | $247.8M | $225.7M | $192.0M | $171.0M | $140.9M | $164.6M |
| Income Tax Expense | $54.0M | $47.8M | $50.6M | $50.8M | $42.0M | $35.6M | $28.3M | $33.4M |
| Net Income | $205.4M | $189.3M | $197.2M | $174.9M | $150.0M | $129.7M | $112.4M | $131.3M |
| Net Margin | 12.4% | 12.5% | 14.7% | 13.1% | 11.5% | 11.3% | 10.4% | 11.3% |
| EPS (Basic) | — | — | — | — | — | — | — | — |
| EPS (Diluted) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Basic) | 47.3M | 47.6M | 48.1M | 49.6M | 51.3M | 52.0M | 52.8M | 52.6M |
| Shares Outstanding (Diluted) | 47.8M | 48.1M | 48.5M | 49.9M | 51.7M | 52.4M | 53.2M | 53.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |