Apogee Enterprises, Inc. income statement
In fiscal 2026, Apogee Enterprises, Inc. reported revenue of $1.40bn, up 3.2% on the year before, operating income of $84.5m (a 6.0% margin) and net income of $54.1m, or $2.52 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 | 2010Feb 2010 | 2011Feb 2011 | 2012Mar 2012 | 2013Mar 2013 | 2014Mar 2014 | 2015Feb 2015 | 2016Feb 2016 | 2017Mar 2017 | 2018Mar 2018 | 2019Mar 2019 | 2020Feb 2020 | 2021Feb 2021 | 2022Feb 2022 | 2023Feb 2023 | 2024Mar 2024 | 2025Mar 2025 | 2026Feb 2026 | LTMAug 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 697 | 583 | 662 | 700 | 771 | 934 | 981 | 1,115 | 1,326 | 1,403 | 1,387 | 1,231 | 1,314 | 1,441 | 1,417 | 1,361 | 1,405 | 1,434 |
| Cost of revenue | — | — | — | — | — | — | — | 823 | 993 | 1,109 | 1,068 | 955 | 1,040 | 1,105 | 1,050 | 1,001 | 1,085 | 1,101 |
| Gross profit | 162 | 83 | 117 | 146 | 165 | 209 | 244 | 292 | 334 | 294 | 319 | 276 | 274 | 335 | 367 | 360 | 319 | 333 |
| Research and development | — | 6 | 7 | 7 | 8 | 7 | 8 | 9 | 14 | 20 | 17 | 15 | 17 | 26 | 30 | 29 | 11 | — |
| Selling, general and administrative | 117 | 104 | 113 | 118 | 125 | 145 | 146 | 170 | 219 | 223 | 231 | 180 | 203 | 209 | 233 | 242 | 235 | 230 |
| Operating income | 45 | −21 | 4 | 27 | 40 | 64 | 97 | 122 | 114 | 67 | 88 | 26 | 22 | 126 | 134 | 118 | 84 | 103 |
| Interest expense | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 8 | 9 | 6 | 5 | 8 | 7 | 6 | 14 | 12 |
| Income before tax | 46 | −21 | 4 | 27 | 40 | 65 | 97 | 123 | 110 | 59 | 80 | 23 | 14 | 117 | 129 | 113 | 77 | 93 |
| Income tax | 15 | −7 | −1 | 8 | 12 | 14 | 32 | 37 | 30 | 13 | 18 | 7 | 10 | 13 | 30 | 28 | 23 | 26 |
| Net income | 32 | −10 | 5 | 19 | 28 | 51 | 65 | 86 | 79 | 46 | 62 | 15 | 3 | 104 | 100 | 85 | 54 | 67 |
| Diluted EPS | $1.15 | −$0.37 | $0.17 | $0.67 | $0.95 | $1.72 | $2.22 | $2.97 | $2.76 | $1.63 | $2.32 | $0.59 | $0.14 | $4.64 | $4.51 | $3.89 | $2.52 | $3.14 |
| Diluted shares (average) | 28m | 28m | 28m | 29m | 29m | 29m | 29m | 29m | 29m | 28m | 27m | 26m | 25m | 22m | 22m | 22m | 22m | 21m |
| EBITDA | 75 | 7 | 31 | 54 | 67 | 93 | 129 | 158 | 169 | 117 | 135 | 77 | 72 | 168 | 175 | 163 | 134 | 155 |
| Quarter | 2025 Q3Nov 2024 | 2025 Q4Mar 2025 | 2026 Q1May 2025 | 2026 Q2Aug 2025 | 2026 Q3Nov 2025 | 2026 Q4Feb 2026 | 2027 Q1May 2026 | 2027 Q2Aug 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 341 | 346 | 347 | 358 | 349 | 351 | 343 | 391 |
| Cost of revenue | 252 | 271 | 271 | 276 | 266 | 273 | 268 | 295 |
| Gross profit | 89 | 75 | 75 | 83 | 83 | 79 | 75 | 96 |
| Selling, general and administrative | 61 | 68 | 68 | 56 | 58 | 53 | 56 | 63 |
| Operating income | 29 | 6 | 7 | 27 | 25 | 26 | 19 | 33 |
| Interest expense | 1 | 4 | 4 | 4 | 3 | 3 | 3 | 4 |
| Income before tax | 28 | 3 | 2 | 28 | 24 | 23 | 16 | 30 |
| Income tax | 7 | 0 | 5 | 4 | 8 | 6 | 4 | 8 |
| Net income | 21 | 2 | −3 | 24 | 17 | 17 | 12 | 22 |
| Diluted EPS | $0.96 | $0.13 | −$0.13 | $1.10 | $0.77 | $0.78 | $0.54 | $1.07 |
| EBITDA | 40 | 20 | 19 | 39 | 37 | 38 | 31 | 47 |
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