Embecta Corp. income statement
In fiscal 2025, Embecta Corp. reported revenue of $1.08bn, down 3.8% on the year before, operating income of $242m (a 22.4% margin) and net income of $95.4m, or $1.62 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 | 2020Sept 2020 | 2021Sept 2021 | 2022Sept 2022 | 2023Sept 2023 | 2024Sept 2024 | 2025Sept 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,086 | 1,165 | 1,130 | 1,121 | 1,123 | 1,080 | 1,019 |
| Cost of revenue | 323 | 365 | 355 | 371 | 388 | 404 | 417 |
| Gross profit | 763 | 800 | 775 | 750 | 735 | 677 | 601 |
| Research and development | 61 | 63 | 67 | 85 | 79 | 37 | 20 |
| Selling, general and administrative | 215 | 240 | 295 | 341 | 365 | 332 | 319 |
| Operating income | 487 | 492 | 310 | 222 | 167 | 242 | 224 |
| Income before tax | 486 | 495 | 257 | 106 | 44 | 136 | 125 |
| Income tax | 58 | 80 | 33 | 35 | −34 | 41 | 38 |
| Net income | 428 | 415 | 224 | 70 | 78 | 95 | 88 |
| Diluted EPS | $7.50 | $7.28 | $3.89 | $1.22 | $1.34 | $1.62 | $1.48 |
| Diluted shares (average) | 57m | 57m | 57m | 58m | 58m | 59m | 59m |
| EBITDA | 525 | 530 | 341 | 254 | 203 | 283 | 268 |
| Quarter | 2024 Q4Sept 2024 | 2025 Q1Dec 2024 | 2025 Q2Mar 2025 | 2025 Q3Jun 2025 | 2025 Q4Sept 2025 | 2026 Q1Dec 2025 | 2026 Q2Mar 2026 | 2026 Q3Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 286 | 262 | 259 | 296 | 264 | 261 | 222 | 272 |
| Cost of revenue | 112 | 105 | 95 | 98 | 106 | 100 | 94 | 118 |
| Gross profit | 174 | 157 | 164 | 197 | 159 | 162 | 128 | 153 |
| Research and development | 20 | 20 | 8 | 4 | 5 | 5 | 5 | 6 |
| Selling, general and administrative | 97 | 81 | 80 | 84 | 87 | 78 | 76 | 79 |
| Operating income | 26 | 29 | 63 | 94 | 57 | 83 | 35 | 49 |
| Income before tax | −7 | −1 | 36 | 72 | 29 | 59 | 10 | 28 |
| Income tax | −22 | −1 | 12 | 27 | 3 | 15 | 14 | 7 |
| Net income | 15 | 0 | 24 | 46 | 26 | 44 | −4 | 21 |
| Diluted EPS | $0.24 | $0.00 | $0.40 | $0.78 | $0.44 | $0.74 | −$0.07 | $0.36 |
| EBITDA | 36 | 38 | 72 | 103 | 70 | 94 | 45 | 59 |
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