PATHWARD FINANCIAL, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $839.9M | $797.4M | $727.7M | $601.1M | $549.9M | $498.8M | $486.8M | $315.1M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $0 | $0 | $0 | — | — | — | — | — |
| Operating Income | $223.1M | $218.6M | $165.9M | $185.2M | $163.3M | $148.8M | $159.5M | $85.4M |
| Operating Margin | 26.6% | 27.4% | 22.8% | 30.8% | 29.7% | 29.8% | 32.8% | 27.1% |
| Interest Expense | — | — | $10.9M | $4.9M | $6.9M | $33.8M | $61.5M | $28.0M |
| Pretax Income | $223.1M | $218.6M | $155.0M | $180.3M | $156.4M | $115.0M | $97.9M | $57.4M |
| Income Tax Expense | $36.3M | $34.1M | $9.6M | $26.2M | $10.7M | $5.7M | $-3.4M | $5.1M |
| Net Income | $185.9M | $183.2M | $143.3M | $151.1M | $141.7M | $104.7M | $97.0M | $51.6M |
| Net Margin | 22.1% | 23.0% | 19.7% | 25.1% | 25.8% | 21.0% | 19.9% | 16.4% |
| EPS (Basic) | $7.91 | $7.21 | $5.26 | $5.09 | $4.38 | $2.94 | $2.49 | $1.68 |
| EPS (Diluted) | $7.87 | $7.20 | $5.24 | $5.09 | $4.38 | $2.94 | $2.49 | $1.67 |
| Shares Outstanding (Basic) | 23.4M | 25.2M | 26.8M | 29.2M | 31.7M | 34.8M | 37.9M | 30.7M |
| Shares Outstanding (Diluted) | 23.5M | 25.2M | 26.9M | 29.2M | 31.8M | 34.8M | 38.0M | 30.9M |
| Dividends Per Share | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $0.18 |