Envela Corp income statement
In fiscal 2025, Envela Corp reported revenue of $241m, up 33.6% on the year before, operating income of $18.1m (a 7.5% margin) and net income of $14.6m, or $0.56 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 | 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 | 83 | 139 | 128 | 87 | 71 | 61 | 48 | 62 | 54 | 82 | 114 | 141 | 183 | 175 | 180 | 241 | 293 |
| Cost of revenue | 70 | 119 | 104 | 73 | 58 | 51 | 40 | 51 | 44 | 66 | 16 | 22 | 31 | 134 | 136 | 187 | 229 |
| Gross profit | 12 | 20 | 24 | 14 | 13 | 10 | 8 | 11 | 10 | 16 | 23 | 31 | 45 | 42 | 44 | 54 | 64 |
| Selling, general and administrative | 12 | 13 | 25 | 14 | 13 | 11 | 10 | 9 | 9 | 12 | 16 | 21 | 29 | 32 | 35 | 34 | 34 |
| Operating income | 0 | 7 | −1 | −1 | −0 | −2 | −4 | 2 | 1 | 3 | 7 | 9 | 14 | 9 | 8 | 18 | 28 |
| Interest expense | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Income before tax | 11 | 2 | −1 | −1 | −1 | −2 | −4 | 2 | 1 | 3 | 6 | 10 | 14 | 9 | 9 | 19 | 29 |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −1 | 2 | 2 | 4 | 6 |
| Net income | 11 | 1 | −2 | −3 | −5 | −2 | −4 | 2 | 1 | 3 | 6 | 10 | 16 | 7 | 7 | 15 | 22 |
| Diluted EPS | $0.48 | $0.04 | −$0.10 | −$0.11 | −$0.18 | −$0.09 | −$0.15 | $0.07 | $0.02 | $0.10 | $0.24 | $0.37 | $0.58 | $0.27 | $0.26 | $0.56 | $0.86 |
| Diluted shares (average) | 22m | 22m | 24m | 24m | 24m | 25m | 26m | 27m | 27m | 27m | 27m | 27m | 27m | 27m | 26m | 26m | 26m |
| EBITDA | 1 | 7 | −1 | −0 | −0 | −1 | −3 | 2 | 1 | 4 | 8 | 10 | 15 | 10 | 10 | 20 | 30 |
| 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 | 47 | 48 | 48 | 55 | 57 | 80 | 98 | 57 |
| Cost of revenue | 35 | 37 | 36 | 42 | 44 | 64 | 78 | 43 |
| Gross profit | 11 | 11 | 12 | 12 | 13 | 17 | 21 | 13 |
| Selling, general and administrative | 9 | 9 | 8 | 9 | 8 | 8 | 9 | 8 |
| Operating income | 2 | 2 | 3 | 3 | 4 | 8 | 11 | 5 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income before tax | 2 | 2 | 3 | 4 | 4 | 8 | 11 | 5 |
| Income tax | 1 | 0 | 1 | 1 | 1 | 2 | 2 | 1 |
| Net income | 2 | 2 | 2 | 3 | 3 | 6 | 9 | 4 |
| Diluted EPS | $0.06 | $0.06 | $0.10 | $0.11 | $0.13 | $0.23 | $0.34 | $0.16 |
| EBITDA | 2 | 2 | 4 | 4 | 5 | 8 | 12 | 6 |
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