TAT Technologies LTD income statement
In fiscal 2025, TAT Technologies LTD reported revenue of $178m, up 17.0% on the year before, operating income of $18.8m (a 10.6% margin) and net income of $16.8m, or $1.37 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
| Fiscal year | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 74 | 78 | 80 | 81 | 86 | 96 | 107 | 88 | 97 | 75 | 78 | 85 | 114 | 152 | 178 |
| Cost of revenue | 62 | 59 | 62 | 65 | 72 | 77 | 86 | 80 | 82 | 67 | 67 | 69 | 91 | 119 | 134 |
| Gross profit | 12 | 19 | 18 | 16 | 14 | 19 | 20 | 8 | 15 | 8 | 11 | 16 | 22 | 33 | 44 |
| Research and development | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 1 |
| Selling and marketing | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 5 | 5 | 4 | 5 | 6 | 6 | 8 | 9 |
| General and administrative | 9 | 10 | 9 | 8 | 8 | 10 | 9 | 8 | 8 | 8 | 8 | 10 | 11 | 12 | 16 |
| Operating income | −1 | 5 | 5 | 4 | 6 | 4 | 5 | −5 | 3 | −4 | −4 | −2 | 6 | 13 | 19 |
| Interest expense | 0 | 0 | 0 | 0 | — | — | — | — | — | — | 0 | 1 | 2 | 1 | 1 |
| Income before tax | −1 | 5 | 5 | 3 | 5 | 4 | 5 | −4 | 1 | −3 | −4 | −2 | 5 | 11 | 17 |
| Income tax | −0 | 2 | 1 | 1 | 1 | 4 | 2 | −1 | 1 | −2 | −1 | 0 | 1 | 0 | 2 |
| Net income | −1 | −2 | 3 | 1 | 6 | — | — | −4 | 1 | −5 | −4 | −2 | 5 | 11 | 17 |
| Diluted EPS | −$0.12 | −$0.19 | $0.32 | $0.16 | $0.66 | $0.01 | $0.27 | −$0.50 | $0.10 | −$0.60 | −$0.40 | −$0.17 | $0.51 | $1.00 | $1.37 |
| Diluted shares (average) | 9m | 9m | 9m | 9m | 9m | 9m | 9m | 9m | 9m | 9m | 9m | 9m | 9m | 11m | 12m |
| EBITDA | 2 | 7 | 7 | 6 | 8 | 8 | 9 | −1 | 7 | 0 | 1 | 2 | 11 | 18 | 24 |
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