LEMAITRE VASCULAR, INC.

LMAT ·Healthcare, Medical Devices, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019
Revenue $249.6M $219.9M $193.5M $161.7M $154.4M $129.4M $117.2M
Cost of Revenue $71.1M $69.0M $66.4M $56.8M $53.0M $44.7M $37.4M
Gross Profit $178.5M $150.9M $127.0M $104.9M $101.4M $84.6M $79.9M
Gross Margin 71.5% 68.6% 65.7% 64.9% 65.7% 65.4% 68.1%
Operating Expenses
Research & Development $14.1M $15.7M $17.0M $13.3M $11.8M $10.1M $9.3M
SG&A Expense $42.0M $36.3M $31.8M $28.7M $25.5M $22.5M $19.1M
Operating Income $67.9M $52.3M $36.7M $26.8M $36.4M $28.8M $21.2M
Operating Margin 27.2% 23.8% 19.0% 16.6% 23.6% 22.3% 18.1%
Interest Expense $5.2M $205.0K $0 $0 $2.2M $1.3M $0
Pretax Income $75.2M $56.9M $39.5M $27.5M $34.3M $27.4M $21.7M
Income Tax Expense $17.5M $12.8M $9.4M $6.9M $7.4M $6.1M $3.7M
Net Income $57.7M $44.0M $30.1M $20.6M $26.9M $21.2M $17.9M
Net Margin 23.1% 20.0% 15.6% 12.8% 17.4% 16.4% 15.3%
EPS (Basic) $2.55 $1.96 $1.36 $0.94 $1.27 $1.05 $0.91
EPS (Diluted) $2.52 $1.93 $1.34 $0.93 $1.25 $1.04 $0.88
Shares Outstanding (Basic) 22.8M 22.6M 22.5M 22.2M 22.0M 21.2M 20.2M 19.8M
Shares Outstanding (Diluted) 22.8M 22.9M 22.8M 22.4M 22.2M 21.5M 20.5M 20.3M
Dividends Per Share $0.80 $0.64 $0.56 $0.50 $0.44 $0.38 $0.34
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