Core & Main, Inc. income statement
In fiscal 2026, Core & Main, Inc. reported revenue of $7.65bn, up 2.8% on the year before, operating income of $722m (a 9.4% margin) and net income of $441m, or $2.31 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 | 2020Feb 2020 | 2021Jan 2021 | 2022Jan 2022 | 2023Jan 2023 | 2024Jan 2024 | 2025Feb 2025 | 2026Feb 2026 | LTMAug 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,389 | 3,642 | 5,004 | 6,651 | 6,702 | 7,441 | 7,647 | 7,698 |
| Cost of revenue | 2,600 | 2,764 | 3,724 | 4,856 | 4,884 | 5,461 | 5,588 | 5,616 |
| Gross profit | 789 | 878 | 1,280 | 1,795 | 1,818 | 1,980 | 2,059 | 2,082 |
| Selling, general and administrative | 509 | 556 | 717 | 880 | 931 | 1,078 | 1,154 | 1,159 |
| Operating income | 155 | 185 | 425 | 775 | 740 | 719 | 722 | 742 |
| Interest expense | 113 | 139 | 98 | 66 | 81 | 142 | 120 | 118 |
| Income before tax | 42 | 46 | 276 | 709 | 659 | 577 | 607 | 627 |
| Income tax | 6 | 9 | 51 | 128 | 128 | 143 | 145 | 148 |
| Net income | 36 | 37 | 166 | 366 | 371 | 411 | 441 | 459 |
| Diluted EPS | — | — | $0.55 | $2.13 | $2.15 | $2.13 | $2.31 | $2.34 |
| Diluted shares (average) | — | — | 244m | 246m | 228m | 201m | 198m | 196m |
| EBITDA | 293 | 338 | 575 | 923 | 894 | 913 | 914 | 928 |
| Quarter | 2025 Q3Oct 2024 | 2025 Q4Feb 2025 | 2026 Q1May 2025 | 2026 Q2Aug 2025 | 2026 Q3Nov 2025 | 2026 Q4Feb 2026 | 2027 Q1May 2026 | 2027 Q2Aug 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,038 | 1,698 | 1,911 | 2,093 | 2,062 | 1,581 | 1,910 | 2,145 |
| Cost of revenue | 1,495 | 1,247 | 1,401 | 1,533 | 1,501 | 1,153 | 1,390 | 1,572 |
| Gross profit | 543 | 451 | 510 | 560 | 561 | 428 | 520 | 573 |
| Selling, general and administrative | 274 | 279 | 293 | 302 | 295 | 264 | 299 | 301 |
| Operating income | 223 | 124 | 171 | 213 | 220 | 118 | 177 | 227 |
| Interest expense | 36 | 36 | 30 | 31 | 30 | 29 | 27 | 32 |
| Income before tax | 187 | 88 | 141 | 182 | 190 | 94 | 150 | 193 |
| Income tax | 47 | 21 | 36 | 41 | 47 | 21 | 37 | 43 |
| Net income | 133 | 64 | 100 | 134 | 137 | 70 | 108 | 144 |
| Diluted EPS | $0.69 | $0.34 | $0.52 | $0.70 | $0.72 | $0.37 | $0.57 | $0.77 |
| EBITDA | 269 | 174 | 219 | 258 | 266 | 166 | 224 | 272 |
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