Eastern Co income statement
In fiscal 2025, Eastern Co reported revenue of $249m, down 8.7% on the year before, operating income of $10.7m (a 4.3% margin) and net income of $7.1m, or $1.17 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 | 2009Jan 2010 | 2010Jan 2011 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Jan 2015 | 2015Jan 2016 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Jan 2021 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Jan 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 113 | 130 | 143 | 158 | 142 | 141 | 145 | 138 | 204 | 234 | 252 | 198 | 247 | 279 | 259 | 273 | 249 |
| Cost of revenue | — | — | — | — | — | — | — | — | 154 | 176 | 190 | 150 | 190 | 221 | 197 | 205 | 192 |
| Gross profit | 21 | 27 | 27 | 33 | 30 | 32 | 34 | 36 | 50 | 59 | 62 | 48 | 57 | 59 | 62 | 67 | 57 |
| Research and development | — | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 6 | 7 | 6 | 3 | 4 | 4 | 6 | 5 | 4 |
| Selling, general and administrative | 17 | 18 | 19 | 20 | 20 | 21 | 24 | 23 | 32 | 34 | 36 | 30 | 35 | 40 | 39 | 42 | 42 |
| Operating income | 4 | 9 | 9 | 14 | 10 | 12 | 8 | 11 | 12 | 18 | 17 | 14 | 17 | 14 | 17 | 20 | 11 |
| Interest expense | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 2 | 2 | 2 | 3 | 3 | 3 |
| Income before tax | 2 | 8 | 9 | 13 | 10 | 12 | 8 | 11 | 11 | 18 | 16 | 13 | 19 | 14 | 15 | 17 | 7 |
| Income tax | — | 3 | 3 | 5 | 3 | 4 | 2 | 3 | 6 | 3 | 3 | 2 | −2 | −3 | 3 | 4 | 2 |
| Net income | 1 | 6 | 6 | 9 | 7 | 8 | 6 | 8 | 5 | 15 | 13 | 5 | 9 | 12 | 9 | −9 | 7 |
| Diluted EPS | $0.17 | $0.90 | $0.89 | $1.38 | $1.11 | $1.23 | $0.92 | $1.25 | $0.80 | $2.31 | $2.12 | $1.76 | $1.49 | $1.97 | $1.37 | −$1.37 | $1.17 |
| Diluted shares (average) | — | 6m | 6m | 6m | 6m | 6m | 6m | 6m | 6m | 6m | 6m | 6m | 6m | 6m | 6m | 6m | 6m |
| EBITDA | 8 | 12 | 12 | 17 | 14 | 15 | 12 | 15 | 17 | 23 | 24 | 20 | 21 | 21 | 24 | 26 | 17 |
| Quarter | 2024 Q2Jun 2024 | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2026 Q1Apr 2026 | 2026 Q2Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 73 | 71 | 67 | 63 | 70 | 55 | 60 | 62 |
| Cost of revenue | 54 | 53 | 51 | 49 | 54 | 43 | 48 | 49 |
| Gross profit | 18 | 18 | 15 | 14 | 16 | 12 | 12 | 13 |
| Research and development | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Selling, general and administrative | 11 | 10 | 11 | 10 | 12 | 10 | 10 | 10 |
| Operating income | 6 | 7 | 3 | 3 | 3 | 2 | 1 | 2 |
| Interest expense | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Income before tax | 5 | 6 | 2 | 2 | 3 | 1 | 1 | 8 |
| Income tax | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 2 |
| Net income | 4 | −15 | 1 | 2 | 3 | 1 | 1 | 6 |
| Diluted EPS | $0.56 | −$2.46 | $0.21 | $0.32 | $0.56 | $0.10 | $0.11 | $0.94 |
| EBITDA | 8 | 7 | 5 | 5 | 5 | 3 | 3 | 3 |
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