InTest Corporation
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $113.8M | $130.7M | $123.3M | $116.8M | $84.9M | $53.8M | $60.7M | $78.6M |
| Cost of Revenue | $64.9M | $75.3M | $66.3M | $63.4M | $43.7M | $29.7M | $31.4M | $39.2M |
| Gross Profit | $48.9M | $55.4M | $57.0M | $53.4M | $41.2M | $24.1M | $29.2M | $39.4M |
| Gross Margin | 43.0% | 42.4% | 46.2% | 45.7% | 48.6% | 44.8% | 48.2% | 50.2% |
| Operating Expenses | ||||||||
| Research & Development | $9.4M | $8.5M | $7.6M | $7.5M | $5.5M | $5.1M | $5.0M | $4.9M |
| SG&A Expense | $22.2M | $23.6M | $21.3M | $19.3M | $15.9M | $11.4M | $13.0M | $12.8M |
| Operating Income | $-3.7M | $3.4M | $10.4M | $10.7M | $8.5M | $-1.2M | $2.5M | $5.2M |
| Operating Margin | -3.3% | 2.6% | 8.5% | 9.2% | 10.0% | -2.3% | 4.2% | 6.6% |
| Interest Expense | — | — | $679.0K | $635.0K | $89.0K | — | — | — |
| Pretax Income | $-3.2M | $3.5M | $11.0M | $10.1M | $8.4M | $-1.2M | $2.6M | $5.0M |
| Income Tax Expense | $-695.0K | $563.0K | $1.7M | $1.7M | $1.1M | $-336.0K | $282.0K | $2.0M |
| Net Income | $-2.5M | $2.9M | $9.3M | $8.5M | $7.3M | $-895.0K | $2.3M | $3.0M |
| Net Margin | -2.2% | 2.2% | 7.6% | 7.2% | 8.6% | -1.7% | 3.8% | 3.9% |
| EPS (Basic) | $-0.21 | $0.24 | $0.82 | $0.79 | $0.70 | $-0.09 | $0.22 | $0.29 |
| EPS (Diluted) | $-0.21 | $0.24 | $0.79 | $0.78 | $0.68 | $-0.09 | $0.22 | $0.29 |
| Shares Outstanding (Basic) | 12.2M | 12.2M | 11.5M | 10.7M | 10.5M | 10.3M | 10.4M | 10.3M |
| Shares Outstanding (Diluted) | 12.2M | 12.2M | 11.8M | 10.9M | 10.7M | 10.3M | 10.4M | 10.4M |
| Dividends Per Share | — | — | — | — | — | — | — | — |