Public Policy Holding Company, Inc. income statement

In fiscal 2025, Public Policy Holding Company, Inc. reported revenue of $187m, up 24.7% on the year before, operating income of −$33.9m (a -18.2% margin) and net income of −$39.0m, or −$2.37 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

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Public Policy Holding Company, Inc.: income statement, annual
Fiscal year	2024Dec 2024	2025Dec 2025
Revenue	150	187
Cost of revenue	132	168
Gross profit	17	19
General and administrative	27	32
Operating income	−18	−34
Interest expense	2	3
Income before tax	−17	−35
Income tax	7	4
Net income	−24	−39
Diluted EPS	−$2.34	−$2.37
Diluted shares (average)	13m	17m
EBITDA	−14	−28

US$ millions unless shown otherwise. Fiscal quarters.

Public Policy Holding Company, Inc.: income statement, quarterly
Quarter	2025 Q1Mar 2025	2025 Q2Jun 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Revenue	39	49	50	52
Cost of revenue	35	41	41	41
Gross profit	4	8	9	11
General and administrative	7	10	9	12
Operating income	−6	−5	−8	−4
Interest expense	1	1	1	1
Income before tax	−7	−6	−9	−3
Income tax	4	−0	3	0
Net income	−11	−6	−11	−4
Diluted EPS	−$0.63	−$0.44	−$0.49	−$0.19
EBITDA	−5	−3	−7	−2

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Public Policy Holding Company, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Public Policy Holding Company, Inc.