Brady Corp income statement
In fiscal 2026, Brady Corp reported revenue of $1.66bn, up 9.8% on the year before, operating income of $263m (a 15.9% margin) and net income of $205m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Jul 2010 | 2011Jul 2011 | 2012Jul 2012 | 2013Jul 2013 | 2014Jul 2014 | 2015Jul 2015 | 2016Jul 2016 | 2017Jul 2017 | 2018Jul 2018 | 2019Jul 2019 | 2020Jul 2020 | 2021Jul 2021 | 2022Jul 2022 | 2023Jul 2023 | 2024Jul 2024 | 2025Jul 2025 | 2026Jul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,259 | 1,059 | 1,072 | 1,158 | 1,225 | 1,172 | 1,121 | 1,113 | 1,174 | 1,161 | 1,081 | 1,145 | 1,302 | 1,332 | 1,341 | 1,514 | 1,662 |
| Cost of revenue | — | — | — | — | — | — | — | 555 | 586 | 582 | 553 | 583 | 671 | 675 | 654 | 753 | 802 |
| Gross profit | 623 | 588 | 591 | 609 | 610 | 558 | 559 | 558 | 588 | 579 | 529 | 561 | 632 | 657 | 688 | 761 | 860 |
| Research and development | 43 | 38 | 35 | 34 | 35 | 37 | 36 | 40 | 45 | 45 | 41 | 45 | 59 | 61 | 68 | 80 | 94 |
| Selling, general and administrative | 436 | 397 | 393 | 428 | 452 | 423 | 405 | 388 | 390 | 371 | 336 | 350 | 380 | 371 | 377 | 444 | 502 |
| Operating income | 129 | 146 | 158 | −83 | −41 | 35 | 118 | 131 | 153 | 162 | 138 | 167 | 193 | 225 | 243 | 237 | 263 |
| Interest expense | 21 | 22 | 19 | 17 | 14 | 11 | 8 | 6 | 3 | 3 | 2 | 0 | 1 | 4 | 3 | 5 | 10 |
| Income before tax | 109 | 128 | 141 | −96 | −53 | 25 | 109 | 127 | 152 | 165 | 141 | 171 | 192 | 226 | 248 | 237 | 259 |
| Income tax | 27 | 35 | 37 | 43 | −5 | 20 | 29 | 31 | 61 | 33 | 28 | 36 | 42 | 51 | 51 | 48 | 54 |
| Net income | 82 | 109 | −18 | −155 | −46 | 3 | 80 | 96 | 91 | 131 | 112 | 130 | 150 | 175 | 197 | 189 | 205 |
| Diluted shares (average) | 53m | 53m | 53m | 51m | 52m | 51m | 51m | 52m | 53m | 53m | 53m | 52m | 52m | 50m | 48m | 48m | 48m |
| EBITDA | 182 | 195 | 202 | −34 | 3 | 75 | 150 | 158 | 178 | 186 | 161 | 193 | 227 | 258 | 273 | 277 | 308 |
| Quarter | 2025 Q1Oct 2024 | 2025 Q2Jan 2025 | 2025 Q3Apr 2025 | 2025 Q4Jul 2025 | 2026 Q1Oct 2025 | 2026 Q2Jan 2026 | 2026 Q3Apr 2026 | 2026 Q4Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 377 | 357 | 383 | 397 | 405 | 384 | 435 | 437 |
| Cost of revenue | 187 | 181 | 188 | 197 | 196 | 190 | 210 | 206 |
| Gross profit | 190 | 176 | 195 | 200 | 209 | 194 | 225 | 231 |
| Research and development | 19 | 19 | 19 | 23 | 23 | 24 | 24 | 23 |
| Selling, general and administrative | 112 | 106 | 109 | 118 | 118 | 108 | 129 | 148 |
| Operating income | 59 | 51 | 67 | 59 | 68 | 62 | 73 | 60 |
| Interest expense | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 |
| Income before tax | 59 | 52 | 66 | 61 | 68 | 62 | 73 | 56 |
| Income tax | 12 | 12 | 13 | 11 | 15 | 14 | 16 | 10 |
| Net income | 47 | 40 | 52 | 50 | 54 | 48 | 58 | 46 |
| EBITDA | 69 | 61 | 77 | 70 | 79 | 73 | 85 | 71 |
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