HOLLEY INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $613.5M | $602.2M | $659.7M | $688.4M | $692.8M | $504.2M | $368.7M |
| Cost of Revenue | $347.3M | $363.7M | $403.6M | $434.8M | $406.0M | $295.9M | $219.9M |
| Gross Profit | $266.2M | $238.5M | $256.1M | $253.7M | $286.8M | $208.2M | $148.8M |
| Gross Margin | 43.4% | 39.6% | 38.8% | 36.8% | 41.4% | 41.3% | 40.4% |
| Operating Expenses | |||||||
| Research & Development | $18.8M | $18.7M | $23.8M | $29.1M | $28.3M | $23.5M | $20.6M |
| SG&A Expense | $146.1M | $132.1M | $120.2M | $150.7M | $116.8M | $70.9M | $62.4M |
| Operating Income | $82.5M | $14.7M | $94.0M | $50.7M | $77.5M | $85.5M | $46.1M |
| Operating Margin | 13.4% | 2.4% | 14.3% | 7.4% | 11.2% | 16.9% | 12.5% |
| Interest Expense | — | — | $60.7M | $40.2M | $39.1M | $43.8M | $50.4M |
| Pretax Income | $28.6M | $-26.3M | $27.6M | $78.3M | $-16.7M | $41.7M | $-4.3M |
| Income Tax Expense | $9.5M | $-3.0M | $8.4M | $4.5M | $10.4M | $8.8M | $-4.9M |
| Net Income | $19.2M | $-23.2M | $19.2M | $73.8M | $-27.1M | $32.9M | $561.0K |
| Net Margin | 3.1% | -3.9% | 2.9% | 10.7% | -3.9% | 6.5% | 0.2% |
| EPS (Basic) | $0.16 | $-0.20 | $0.16 | $0.63 | $-0.30 | $0.49 | $0.01 |
| EPS (Diluted) | $0.16 | $-0.20 | $0.16 | $0.14 | $-0.30 | $0.49 | $0.01 |
| Shares Outstanding (Basic) | 119.2M | 118.4M | 117.4M | 116.8M | 90.0M | 67.7M | — |
| Shares Outstanding (Diluted) | 120.0M | 118.4M | 118.5M | 117.2M | 90.0M | 67.7M | — |
| Dividends Per Share | — | — | — | — | — | — | — |