Vulcan Infrastructure & Power Inc. income statement
In fiscal 2025, Vulcan Infrastructure & Power Inc. reported revenue of $58.8m, down 1.3% on the year before, operating income of −$3.8m (a -6.5% margin) and net income of $5.3m, 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 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 20 | 97 | 90 | 70 | 60 | 59 | 51 |
| Selling, general and administrative | 6 | 24 | 35 | 26 | 17 | 12 | 14 |
| Operating income | −3 | 33 | −233 | −17 | −11 | −4 | −12 |
| Interest expense | 1 | 4 | 22 | 13 | 7 | 4 | 1 |
| Income before tax | −3 | 30 | −255 | −29 | −20 | 5 | 0 |
| Income tax | 0 | 8 | 15 | 0 | −0 | −0 | −0 |
| Net income | −3 | −44 | −271 | −30 | −20 | 5 | 0 |
| Diluted EPS | — | −$12.30 | −$63.97 | −$4.43 | −$1.88 | $0.34 | $0.03 |
| Diluted shares (average) | — | 4m | 4m | 7m | 11m | 15m | 16m |
| EBITDA | 2 | 41 | −198 | −3 | 2 | 8 | −3 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 12 | 15 | 19 | 13 | 15 | 11 | 21 | 3 |
| Selling, general and administrative | 4 | 4 | 3 | 3 | 3 | 4 | 4 | 4 |
| Operating income | −5 | −1 | −2 | −3 | 0 | 2 | −5 | −10 |
| Interest expense | 2 | 2 | 3 | 1 | 0 | 0 | 0 | 0 |
| Income before tax | −6 | −4 | −6 | −4 | 12 | 3 | −5 | −10 |
| Income tax | −0 | 0 | −0 | −0 | 0 | −0 | 0 | −0 |
| Net income | −6 | −4 | −6 | −4 | 12 | 3 | −5 | −10 |
| Diluted EPS | −$0.60 | −$0.30 | −$0.40 | −$0.27 | $0.75 | $0.19 | −$0.29 | −$0.58 |
| EBITDA | −1 | 2 | 1 | −0 | 3 | 4 | −2 | −9 |
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