NPK International Inc. income statement
In fiscal 2025, NPK International Inc. reported revenue of $277m, up 27.4% on the year before, operating income of $46.8m (a 16.9% margin) and net income of $38.9m, or $0.45 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 | 490 | 716 | 909 | 984 | 1,042 | 1,118 | 677 | 471 | 748 | 947 | 820 | 493 | 615 | 193 | 208 | 217 | 277 | 308 |
| Cost of revenue | 448 | 577 | 713 | 811 | 858 | 877 | 599 | 438 | 608 | 767 | 685 | 473 | 530 | 133 | 135 | 140 | 176 | 199 |
| Gross profit | 43 | 139 | 196 | 173 | 184 | 241 | 78 | 34 | 140 | 180 | 135 | 19 | 85 | 60 | 73 | 77 | 101 | 110 |
| Selling, general and administrative | 61 | 64 | 76 | 82 | 94 | 113 | 101 | 88 | 109 | 115 | 113 | 87 | 94 | 49 | 51 | 46 | 54 | 57 |
| Operating income | −15 | 78 | 121 | 92 | 94 | 131 | −99 | −57 | 31 | 64 | 10 | −79 | −9 | 7 | 23 | 32 | 47 | 52 |
| Interest expense | 9 | 10 | 9 | 10 | 11 | 10 | 9 | 10 | 13 | 15 | 14 | 11 | 9 | 7 | 8 | 3 | 0 | — |
| Net interest income | — | — | −9 | −10 | −11 | −10 | −9 | −10 | −13 | −15 | −14 | −11 | −9 | −7 | −8 | — | — | — |
| Income before tax | −23 | 69 | 111 | 82 | 81 | 120 | −112 | −65 | 16 | 47 | −3 | −93 | −18 | 2 | 20 | 29 | 48 | 51 |
| Income tax | −2 | 27 | 40 | 31 | 29 | 41 | −21 | −24 | 5 | 15 | 10 | −12 | 7 | 1 | 6 | −7 | 12 | 11 |
| Net income | −21 | 42 | 80 | 60 | 65 | 102 | −91 | −41 | −6 | 32 | −13 | −81 | −26 | −21 | 15 | −150 | 39 | 43 |
| Diluted EPS | −$0.23 | $0.46 | $0.80 | $0.62 | $0.69 | $1.07 | −$1.10 | −$0.49 | −$0.07 | $0.35 | −$0.14 | −$0.89 | −$0.28 | −$0.22 | $0.16 | −$1.72 | $0.45 | $0.50 |
| Diluted shares (average) | 89m | 94m | 107m | 104m | 103m | 100m | 83m | 84m | 88m | 93m | 90m | 90m | 91m | 94m | 88m | 87m | 86m | 86m |
| EBITDA | 13 | 105 | 150 | 125 | 139 | 173 | −55 | −19 | 71 | 109 | 58 | −33 | 33 | 45 | 54 | 60 | 72 | 85 |
| 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 | 58 | 65 | 68 | 69 | 75 | 75 | 82 | 76 |
| Cost of revenue | 35 | 40 | 43 | 47 | 47 | 48 | 51 | 52 |
| Gross profit | 23 | 25 | 25 | 22 | 28 | 27 | 30 | 24 |
| Selling, general and administrative | 11 | 12 | 14 | 13 | 15 | 13 | 14 | 15 |
| Operating income | 12 | 14 | 12 | 9 | 13 | 14 | 16 | 9 |
| Interest expense | — | — | — | 0 | −1 | — | — | — |
| Income before tax | 11 | 14 | 12 | 9 | 12 | 14 | 16 | 9 |
| Income tax | 3 | 4 | 3 | 3 | 2 | 4 | 4 | 2 |
| Net income | 9 | 10 | 9 | 6 | 15 | 10 | 12 | 6 |
| Diluted EPS | $0.10 | $0.11 | $0.10 | $0.07 | $0.17 | $0.12 | $0.14 | $0.07 |
| EBITDA | 17 | 19 | 18 | 15 | 20 | 23 | 24 | 18 |
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