Spectrum Brands Holdings, Inc. income statement
In fiscal 2025, Spectrum Brands Holdings, Inc. reported revenue of $2.81bn, down 5.2% on the year before, operating income of $125m (a 4.4% margin) and net income of $99.9m, or $3.86 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 | 2010Sept 2010 | 2011Sept 2011 | 2012Sept 2012 | 2013Sept 2013 | 2014Sept 2014 | 2015Sept 2015 | 2016Sept 2016 | 2017Sept 2017 | 2018Sept 2018 | 2019Sept 2019 | 2020Sept 2020 | 2021Sept 2021 | 2022Sept 2022 | 2023Sept 2023 | 2024Sept 2024 | 2025Sept 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,567 | 3,478 | 4,481 | 5,543 | 4,635 | 4,754 | 3,038 | 3,707 | 3,809 | 3,802 | 2,622 | 2,998 | 3,133 | 2,919 | 2,964 | 2,809 | 2,873 |
| Cost of revenue | — | — | — | — | — | — | 193 | 193 | 218 | — | — | — | 2,142 | 1,995 | 1,855 | 1,777 | 1,734 |
| Gross profit | — | — | — | — | — | — | 1,247 | 1,336 | 1,334 | 820 | 878 | 1,035 | 990 | 924 | 1,109 | 1,032 | 1,139 |
| Research and development | 31 | 33 | 33 | 43 | 48 | 51 | 27 | 45 | 45 | 32 | 29 | 30 | 27 | 23 | 28 | 23 | — |
| Selling, general and administrative | — | 962 | 933 | 1,217 | 1,181 | 1,524 | 32 | 39 | 36 | 22 | 52 | 47 | 996 | 889 | 953 | 883 | 918 |
| Operating income | 160 | 164 | 410 | 737 | 427 | 179 | 335 | 288 | 224 | −152 | 9 | 97 | 23 | −206 | 171 | 125 | 116 |
| Interest expense | 277 | 249 | 251 | 512 | 299 | 408 | 403 | 360 | — | — | — | — | 99 | 116 | 59 | 30 | 30 |
| Net interest income | — | — | — | — | — | — | −335 | −310 | −264 | −158 | −94 | −117 | −99 | −127 | — | — | — |
| Provision for credit losses | — | — | 1 | 4 | 2 | 94 | 13 | 2 | — | — | — | — | — | — | — | — | — |
| Income before tax | −132 | 58 | 25 | 118 | 104 | −180 | 9 | −28 | −36 | −354 | −25 | −11 | −90 | −290 | 164 | 87 | 83 |
| Income tax | 63 | 51 | −85 | 187 | 90 | 40 | −58 | −12 | −463 | −52 | 27 | −26 | −13 | −57 | 64 | −13 | −2 |
| Net income | −152 | 42 | 90 | −46 | −10 | −557 | −199 | 106 | 768 | 495 | 98 | 190 | 72 | 1,802 | 125 | 100 | 79 |
| Diluted EPS | −$7.10 | $0.56 | $0.93 | −$4.14 | −$3.15 | −$17.35 | −$6.21 | $3.29 | $20.74 | $9.76 | $2.19 | $4.39 | $1.75 | $45.65 | $4.10 | $3.86 | $3.37 |
| Diluted shares (average) | 21m | 26m | 23m | 23m | 26m | 32m | 32m | 32m | 37m | 51m | 45m | 43m | 41m | 40m | 31m | 26m | 24m |
| EBITDA | 278 | 259 | 678 | 1,096 | 586 | 350 | 455 | 435 | 350 | −5 | 123 | 214 | 123 | −114 | 272 | 223 | 215 |
| Quarter | 2024 Q4Sept 2024 | 2025 Q1Dec 2024 | 2025 Q2Mar 2025 | 2025 Q3Jun 2025 | 2025 Q4Sept 2025 | 2026 Q1Dec 2025 | 2026 Q2Mar 2026 | 2026 Q3Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 774 | 700 | 676 | 700 | 734 | 677 | 709 | 753 |
| Cost of revenue | 486 | 442 | 422 | 436 | 477 | 435 | 439 | 383 |
| Gross profit | 288 | 258 | 253 | 264 | 257 | 242 | 270 | 370 |
| Selling, general and administrative | 264 | 213 | 218 | 225 | 226 | 215 | 227 | 251 |
| Operating income | 22 | 45 | 20 | 31 | 29 | 27 | 44 | 16 |
| Interest expense | 7 | 6 | 8 | 8 | 8 | 7 | 7 | 8 |
| Income before tax | 17 | 36 | 11 | 22 | 17 | 21 | 37 | 9 |
| Income tax | 4 | 12 | 10 | 2 | −36 | −9 | 14 | 29 |
| Net income | 29 | 24 | 1 | 20 | 56 | 28 | 22 | −27 |
| Diluted EPS | $1.01 | $0.84 | $0.03 | $0.80 | $2.18 | $1.21 | $0.94 | −$1.16 |
| EBITDA | 81 | 69 | 44 | 56 | 53 | 53 | 68 | 41 |
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