NWPX Infrastructure, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $526.0M | $492.5M | $444.4M | $457.7M | $333.3M | $285.9M | $279.3M | $172.1M |
| Cost of Revenue | $422.4M | $397.1M | $366.7M | $371.8M | $289.1M | $235.4M | $232.1M | $160.1M |
| Gross Profit | $103.6M | $95.4M | $77.6M | $85.9M | $44.3M | $50.5M | $47.2M | $12.1M |
| Gross Margin | 19.7% | 19.4% | 17.5% | 18.8% | 13.3% | 17.7% | 16.9% | 7.0% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $52.8M | $47.2M | $43.8M | $41.0M | $28.2M | $25.0M | $18.5M | $16.7M |
| Operating Income | $50.9M | $48.2M | $33.9M | $44.8M | $16.0M | $25.6M | $28.7M | $-3.0M |
| Operating Margin | 9.7% | 9.8% | 7.6% | 9.8% | 4.8% | 8.9% | 10.3% | -1.7% |
| Interest Expense | $2.6M | $5.7M | $4.9M | $3.6M | $1.2M | $933.0K | $472.0K | $583.0K |
| Pretax Income | $46.5M | $42.4M | $29.3M | $41.4M | $15.2M | $25.6M | $32.6M | $17.1M |
| Income Tax Expense | $11.1M | $8.2M | $8.2M | $10.2M | $3.6M | $6.6M | $4.7M | $-3.3M |
| Net Income | $35.4M | $34.2M | $21.1M | $31.1M | $11.5M | $19.1M | $27.9M | $20.3M |
| Net Margin | 6.7% | 6.9% | 4.7% | 6.8% | 3.5% | 6.7% | 10.0% | 11.8% |
| EPS (Basic) | $3.62 | $3.45 | $2.11 | $3.14 | $1.17 | $1.95 | $2.86 | $2.09 |
| EPS (Diluted) | $3.56 | $3.40 | $2.09 | $3.11 | $1.16 | $1.93 | $2.85 | $2.09 |
| Shares Outstanding (Basic) | 9.8M | 9.9M | 10.0M | 9.9M | 9.9M | 9.8M | 9.7M | 9.7M |
| Shares Outstanding (Diluted) | 9.9M | 10.1M | 10.1M | 10.0M | 9.9M | 9.9M | 9.8M | 9.7M |
| Dividends Per Share | — | — | — | — | — | — | — | — |