Curtiss Wright Corp income statement
In fiscal 2025, Curtiss Wright Corp reported revenue of $3.50bn, up 12.1% on the year before, operating income of $634m (a 18.1% margin) and net income of $484m, or $12.87 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 | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 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 | 1,810 | 1,855 | 2,017 | 1,823 | 2,118 | 2,243 | 2,206 | 2,109 | 2,271 | 2,412 | 2,488 | 2,391 | 2,501 | 2,557 | 2,845 | 3,121 | 3,498 | 3,654 |
| Cost of revenue | 1,214 | 1,248 | 1,360 | 1,211 | 1,382 | 1,467 | 1,422 | 1,374 | 1,470 | 1,541 | 1,589 | 1,550 | 1,573 | 1,602 | 1,778 | 1,968 | 2,197 | 2,275 |
| Gross profit | 596 | 606 | 657 | 612 | 736 | 777 | 783 | 735 | 801 | 871 | 899 | 841 | 928 | 955 | 1,067 | 1,154 | 1,302 | 1,378 |
| Research and development | 55 | 54 | 62 | 54 | 64 | 68 | 61 | 59 | 61 | 65 | 73 | 75 | 88 | 81 | 86 | 92 | 95 | 98 |
| General and administrative | 265 | 274 | 289 | 269 | 307 | 298 | 290 | 266 | 292 | 306 | 301 | 303 | 326 | 324 | 360 | 373 | 400 | 413 |
| Operating income | 169 | 167 | 187 | 181 | 237 | 282 | 311 | 297 | 325 | 374 | 404 | 289 | 377 | 423 | 485 | 529 | 634 | 686 |
| Interest expense | 25 | 22 | 21 | 26 | 37 | 36 | 36 | 41 | 41 | 34 | 31 | 36 | 40 | 47 | 51 | 45 | 43 | 42 |
| Income before tax | 145 | 145 | 167 | 155 | 201 | 247 | 275 | 268 | 300 | 356 | 396 | 263 | 349 | 389 | 463 | 522 | 620 | 690 |
| Income tax | 50 | 47 | 48 | 51 | 62 | 77 | 83 | 79 | 85 | 80 | 89 | 62 | 86 | 95 | 109 | 117 | 136 | 149 |
| Net income | 95 | 102 | 126 | 114 | 138 | 113 | 145 | 187 | 215 | 276 | 308 | 201 | 263 | 294 | 355 | 405 | 484 | 541 |
| Diluted EPS | $2.08 | $2.21 | $2.69 | $2.41 | $2.88 | $2.31 | $3.05 | $4.15 | $4.80 | $6.22 | $7.15 | $4.80 | $6.47 | $7.62 | $9.20 | $10.55 | $12.87 | $14.53 |
| Diluted shares (average) | 46m | 46m | 47m | 47m | 48m | 49m | 48m | 45m | 45m | 44m | 43m | 42m | 41m | 39m | 39m | 38m | 38m | 37m |
| EBITDA | 246 | 247 | 275 | 275 | 359 | 401 | 411 | 393 | 425 | 477 | 506 | 405 | 492 | 535 | 601 | 636 | 758 | 806 |
| 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 | 799 | 824 | 806 | 877 | 869 | 947 | 914 | 924 |
| Cost of revenue | 501 | 507 | 513 | 550 | 542 | 592 | 582 | 560 |
| Gross profit | 298 | 317 | 292 | 326 | 327 | 355 | 331 | 364 |
| Research and development | 21 | 26 | 23 | 23 | 23 | 25 | 24 | 25 |
| General and administrative | 92 | 92 | 99 | 104 | 96 | 100 | 102 | 114 |
| Operating income | 145 | 155 | 129 | 156 | 166 | 182 | 160 | 179 |
| Interest expense | 11 | 12 | 10 | 11 | 10 | 12 | 10 | 10 |
| Income before tax | 144 | 153 | 125 | 157 | 161 | 177 | 158 | 194 |
| Income tax | 32 | 35 | 24 | 36 | 36 | 40 | 30 | 43 |
| Net income | 111 | 118 | 101 | 121 | 125 | 137 | 128 | 151 |
| Diluted EPS | $2.89 | $3.08 | $2.68 | $3.19 | $3.31 | $3.68 | $3.46 | $4.07 |
| EBITDA | 172 | 182 | 160 | 188 | 197 | 213 | 188 | 207 |
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