Fortune Brands Innovations, Inc. income statement
In fiscal 2025, Fortune Brands Innovations, Inc. reported revenue of $4.46bn, down 3.2% on the year before, operating income of $516m (a 11.6% margin) and net income of $299m, or $2.47 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 | 3,007 | 3,234 | 3,329 | 3,135 | 3,704 | 4,014 | 4,579 | 4,985 | 5,283 | 5,485 | 5,765 | 3,621 | 4,801 | 4,723 | 4,626 | 4,609 | 4,463 | 4,392 |
| Cost of revenue | — | — | — | — | — | — | — | 3,189 | 3,358 | 3,526 | 3,712 | 2,157 | 2,841 | 2,790 | 2,715 | 2,543 | 2,474 | 2,374 |
| Gross profit | — | — | 997 | 1,170 | 1,295 | 1,367 | 1,582 | 1,805 | 1,925 | 1,959 | 2,052 | 2,164 | 1,961 | 1,933 | 1,911 | 2,066 | 1,989 | 2,018 |
| Research and development | — | 33 | 35 | 42 | 51 | 46 | 49 | 53 | 51 | 50 | 48 | — | — | — | — | — | — | — |
| Selling, general and administrative | 813 | 834 | 901 | 873 | 939 | 943 | 1,048 | 1,136 | 1,197 | 1,241 | 1,256 | 849 | 1,094 | 1,078 | 1,168 | 1,239 | 1,292 | 1,335 |
| Operating income | 54 | 198 | −16 | 143 | 323 | 404 | 496 | 619 | 683 | 595 | 699 | 568 | 811 | 774 | 615 | 738 | 516 | 299 |
| Interest expense | 0 | 0 | 3 | 9 | 7 | 10 | 32 | 49 | 49 | 75 | 94 | 84 | 84 | 119 | 117 | 121 | 115 | 109 |
| Net interest income | — | — | — | — | — | — | — | — | — | — | — | — | −2 | −6 | −14 | −5 | −7 | — |
| Income before tax | −30 | 83 | −44 | 135 | 311 | 392 | 460 | 582 | 635 | 537 | 575 | 499 | 726 | 667 | 518 | 606 | 405 | 185 |
| Income tax | 8 | 18 | −9 | 27 | 102 | 118 | 153 | 170 | 160 | 147 | 144 | 111 | 167 | 127 | 112 | 134 | 106 | 36 |
| Net income | −39 | 64 | −36 | 119 | 230 | 158 | 315 | 413 | 473 | 390 | 432 | 553 | 772 | 687 | 405 | 472 | 299 | 149 |
| Diluted EPS | −$0.25 | $0.41 | −$0.23 | $0.71 | $1.34 | $0.95 | $1.93 | $2.62 | $3.03 | $2.66 | $3.06 | $3.94 | $5.54 | $5.23 | $3.17 | $3.75 | $2.47 | $1.24 |
| Diluted shares (average) | — | 155m | 155m | 166m | 171m | 166m | 163m | 158m | 156m | 146m | 141m | 140m | 140m | 131m | 128m | 126m | 121m | 120m |
| EBITDA | 169 | 294 | 82 | 233 | 400 | 486 | 590 | 713 | 781 | 709 | 810 | 689 | 936 | 901 | 722 | 858 | 635 | 400 |
| 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 | 1,155 | 1,104 | 1,033 | 1,203 | 1,149 | 1,078 | 1,011 | 1,154 |
| Cost of revenue | 626 | 596 | 578 | 660 | 630 | 605 | 576 | 563 |
| Gross profit | 530 | 508 | 455 | 543 | 519 | 472 | 436 | 591 |
| Selling, general and administrative | 298 | 310 | 315 | 339 | 313 | 325 | 353 | 344 |
| Operating income | 205 | 178 | 97 | 172 | 126 | 122 | 60 | −9 |
| Interest expense | 30 | 28 | 29 | 31 | 29 | 27 | 27 | 27 |
| Income before tax | 177 | 133 | 69 | 148 | 95 | 93 | 34 | −37 |
| Income tax | 40 | 28 | 18 | 47 | 24 | 17 | 10 | −15 |
| Net income | 137 | 105 | 51 | 100 | 71 | 76 | 24 | −23 |
| Diluted EPS | $1.09 | $0.84 | $0.42 | $0.83 | $0.59 | $0.64 | $0.20 | −$0.19 |
| EBITDA | 232 | 207 | 130 | 203 | 156 | 146 | 84 | 15 |
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