Ascent Industries Co. income statement
In fiscal 2025, Ascent Industries Co. reported revenue of $74.9m, down 7.2% on the year before, operating income of −$7.0m (a -9.4% margin) and net income of $867,000, or $0.09 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Jan 2010 | 2010Jan 2011 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Jan 2015 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 104 | 151 | 171 | 166 | 197 | 200 | 175 | 139 | 201 | 281 | 305 | 256 | 335 | 262 | 193 | 81 | 75 | 84 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | 274 | 233 | 274 | 219 | 192 | 70 | 58 | 66 |
| Gross profit | 9 | 16 | 21 | 20 | 20 | 33 | 25 | 17 | 28 | 51 | 31 | 23 | 61 | 43 | 2 | 11 | 17 | 18 |
| Research and development | — | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | — | — | — | 0 | 0 | — |
| Selling, general and administrative | — | — | — | — | — | — | — | — | 25 | 28 | 33 | 29 | 30 | 28 | 27 | 20 | 23 | 22 |
| Operating income | 1 | 6 | 9 | 7 | 3 | 16 | −13 | −8 | 2 | 21 | −2 | −31 | 27 | 15 | −37 | −11 | −7 | −5 |
| Interest expense | — | — | — | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 4 | 0 | — | — |
| Income before tax | 0 | 6 | 9 | 6 | 4 | 18 | −8 | −9 | 1 | 16 | −4 | −32 | 25 | 12 | −41 | −11 | −6 | −3 |
| Income tax | 0 | 2 | 3 | 2 | 1 | 5 | 2 | −2 | 0 | 3 | −1 | −5 | 5 | −6 | −7 | 2 | 0 | −0 |
| Net income | 0 | 4 | 6 | 4 | 2 | 5 | −12 | −7 | 1 | 13 | −3 | −27 | 20 | 22 | −27 | −14 | 1 | −4 |
| Diluted EPS | $0.03 | $0.64 | $0.91 | $0.66 | $0.25 | — | — | — | — | — | −$0.34 | −$2.98 | $2.14 | $2.12 | −$2.63 | −$1.35 | $0.09 | −$0.48 |
| Diluted shares (average) | — | 6m | 6m | 6m | 7m | 9m | 9m | 9m | 9m | 9m | 9m | 9m | 9m | 10m | 10m | 10m | 10m | 9m |
| EBITDA | 3 | 9 | 11 | 10 | 8 | 21 | −6 | −2 | 10 | 30 | 9 | −20 | 38 | 27 | −31 | −10 | −6 | −5 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 21 | 18 | 18 | 19 | 20 | 19 | 19 | 26 |
| Cost of revenue | 18 | 15 | 15 | 14 | 14 | 15 | 17 | 20 |
| Gross profit | 3 | 3 | 3 | 5 | 6 | 3 | 3 | 6 |
| Research and development | — | — | 0 | 0 | — | — | 0 | 0 |
| Selling, general and administrative | 5 | 4 | 5 | 6 | 6 | 5 | 5 | 5 |
| Operating income | −2 | −3 | −2 | −3 | −1 | −1 | −2 | −0 |
| Interest expense | 0 | 0 | 0 | −0 | −0 | — | — | 0 |
| Income before tax | −2 | −2 | −2 | −3 | −0 | −1 | −2 | 0 |
| Income tax | 6 | −3 | 0 | −0 | 0 | 0 | 0 | −1 |
| Net income | −6 | −1 | −2 | 6 | −2 | −1 | −2 | 1 |
| Diluted EPS | −$0.61 | −$0.11 | −$0.23 | $0.65 | −$0.22 | −$0.11 | −$0.21 | $0.07 |
| EBITDA | −1 | −4 | −2 | −2 | 0 | −3 | −2 | 0 |
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