LSB Industries, Inc. income statement
In fiscal 2025, LSB Industries, Inc. reported revenue of $615m, up 17.8% on the year before, operating income of $57.3m (a 9.3% margin) and net income of $24.6m, or $0.34 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 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 532 | 610 | 805 | 759 | 701 | 496 | 438 | 375 | 428 | 378 | 365 | 351 | 556 | 902 | 594 | 522 | 615 | 661 |
| Cost of revenue | 394 | 471 | 582 | 575 | 563 | 430 | 418 | 424 | 422 | 362 | 360 | 334 | 417 | 553 | 507 | 475 | 511 | 530 |
| Gross profit | 137 | 139 | 223 | 184 | 138 | 65 | 20 | −49 | 5 | 16 | 5 | 17 | 139 | 348 | 86 | 48 | 104 | 132 |
| Selling, general and administrative | 96 | 90 | 86 | 90 | 95 | 39 | 50 | 40 | 35 | 41 | 34 | 32 | 38 | 39 | 37 | 42 | 42 | 53 |
| Operating income | 41 | 56 | 136 | 96 | 105 | 31 | −71 | −90 | −34 | −23 | −39 | −16 | 101 | 308 | 52 | −6 | 57 | 74 |
| Interest expense | 7 | 7 | 7 | 4 | 14 | 22 | 7 | 31 | 37 | 43 | 46 | 51 | 49 | 47 | 41 | 34 | 31 | 28 |
| Income before tax | 36 | 48 | 130 | 92 | 90 | 9 | −79 | −130 | −71 | −70 | −84 | −67 | 39 | 270 | 34 | −26 | 33 | 52 |
| Income tax | 15 | 20 | 46 | 34 | 35 | 4 | −33 | −42 | −41 | 2 | −21 | −5 | −5 | 39 | 6 | −7 | 8 | 6 |
| Net income | 22 | 30 | 84 | 59 | 55 | 20 | −35 | 112 | −29 | −72 | −63 | −62 | 44 | 230 | 28 | −19 | 25 | 46 |
| Diluted EPS | $0.96 | $1.32 | $3.58 | $2.49 | $2.33 | $0.85 | −$1.67 | $2.54 | −$2.18 | −$3.74 | −$2.65 | −$2.71 | −$4.40 | $2.68 | $0.37 | −$0.27 | $0.34 | $0.63 |
| Diluted shares (average) | 22,492m | 23m | 23m | 24m | 24m | 23m | 23m | 25m | 27m | 27m | 36m | 37m | 50m | 86m | 75m | 72m | 72m | 73m |
| EBITDA | 56 | 73 | 155 | 116 | 134 | 62 | −35 | −31 | 33 | 47 | 29 | 54 | 170 | 375 | 121 | 69 | 139 | 161 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 135 | 143 | 151 | 155 | 165 | 169 | 168 | 159 |
| Cost of revenue | 129 | 129 | 128 | 130 | 124 | 134 | 157 | 116 |
| Gross profit | 6 | 14 | 23 | 26 | 41 | 36 | 11 | 43 |
| Selling, general and administrative | 10 | 10 | 10 | 10 | 11 | 14 | 13 | 15 |
| Operating income | −7 | 4 | 10 | 16 | 27 | 23 | −3 | 27 |
| Interest expense | 8 | 8 | 8 | 7 | 7 | 7 | 7 | 7 |
| Income before tax | −13 | −2 | 4 | 10 | 21 | 18 | −8 | 22 |
| Income tax | −4 | −0 | 1 | 3 | 5 | −2 | −2 | 6 |
| Net income | −9 | −2 | 3 | 7 | 16 | 20 | −6 | 16 |
| Diluted EPS | −$0.13 | −$0.02 | $0.04 | $0.10 | $0.22 | $0.27 | −$0.09 | $0.22 |
| EBITDA | 15 | 25 | 31 | 35 | 48 | 44 | 19 | 49 |
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