UFP Technologies, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $602.8M | $504.4M | $400.1M | $353.8M | $206.3M | $179.4M | $198.4M |
| Cost of Revenue | — | $432.4M | $357.7M | $287.8M | $263.5M | $155.2M | $134.7M | $144.4M |
| Gross Profit | — | $170.4M | $146.7M | $112.2M | $90.3M | $51.1M | $44.7M | $54.0M |
| Gross Margin | — | 28.3% | 29.1% | 28.1% | 25.5% | 24.8% | 24.9% | 27.2% |
| Operating Expenses | ||||||||
| Research & Development | — | $8.6M | $10.4M | $7.2M | $9.3M | $8.5M | $8.2M | $8.8M |
| SG&A Expense | — | $77.4M | $62.2M | $50.9M | $45.8M | $29.5M | $27.5M | $29.3M |
| Operating Income | — | $92.3M | $80.9M | $57.7M | $55.4M | $21.2M | $16.7M | $24.7M |
| Operating Margin | — | 15.3% | 16.0% | 14.4% | 15.7% | 10.3% | 9.3% | 12.5% |
| Interest Expense | — | — | $8.1M | $3.6M | $2.8M | $39.0K | $83.0K | $674.0K |
| Pretax Income | — | $82.5M | $73.0M | $53.9M | $52.7M | $21.2M | $16.3M | $23.6M |
| Income Tax Expense | — | $14.2M | $14.0M | $9.0M | $10.9M | $5.3M | $2.9M | $3.9M |
| Net Income | — | $68.3M | $59.0M | $44.9M | $41.8M | $15.9M | $13.4M | $19.8M |
| Net Margin | — | 11.3% | 11.7% | 11.2% | 11.8% | 7.7% | 7.5% | 10.0% |
| EPS (Basic) | — | $8.87 | $7.69 | $5.89 | $5.52 | $2.11 | $1.79 | $2.66 |
| EPS (Diluted) | — | $8.75 | $7.58 | $5.83 | $5.45 | $2.09 | $1.77 | $2.63 |
| Shares Outstanding (Basic) | 7.7M | 7.7M | 7.7M | 7.6M | 7.6M | 7.5M | 7.5M | 7.4M |
| Shares Outstanding (Diluted) | 7.7M | 7.8M | 7.8M | 7.7M | 7.7M | 7.6M | 7.6M | 7.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |