Apogee Enterprises, Inc. (APOG) Income Statement
APOG FY2026 at a glance
Fiscal year ended February 28, 2026 · U.S. dollarsAPOG revenue and net income
Where APOG's revenue goes
FY2026Each bar shows an amount and its share of revenue. APOG kept 3.9% of revenue as net income.
APOG profit margins
APOG growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +3.2% | −0.8% | +2.7% | +3.7% |
| Gross profit | −12.3% | −1.6% | +3.0% | +2.7% |
| Operating income | −28.5% | −12.4% | +27.0% | −1.4% |
| Net income | −36.4% | −19.6% | +28.5% | −1.9% |
| EPS (diluted) | −29.8% | −4.5% | +7.6% | +4.6% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
APOG quarterly EPS vs estimates
Apogee Enterprises beat the analyst EPS estimate in 8 of the last 8 quarters.
APOG income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.40B | $1.36B | $1.42B | $1.44B | $1.31B | $1.23B | $1.39B | $1.40B | $1.33B | $1.11B |
| Cost of revenue | $1.09B | $996.9M | $1.04B | $1.11B | $1.01B | $955.1M | $1.08B | $1.11B | $992.7M | $822.5M |
| Gross profit | $319.5M | $364.1M | $372.6M | $335.3M | $302.4M | $275.7M | $304.0M | $293.6M | $333.5M | $292.0M |
| Research & development | — | $29.0M | $30.3M | $25.5M | $17.3M | $15.3M | $16.6M | $19.5M | $14.0M | $8.6M |
| Sales, general & admin | $235.0M | $214.9M | $220.2M | $204.1M | $192.5M | $179.9M | $213.4M | $197.4M | $188.9M | $161.2M |
| Total operating expenses | $235.0M | $246.0M | $238.8M | $209.5M | $280.3M | $250.2M | $216.1M | $226.3M | $219.2M | $169.8M |
| Operating income | $84.5M | $118.1M | $133.8M | $125.8M | $22.0M | $25.5M | $87.8M | $67.3M | $114.3M | $122.2M |
| Interest income | — | — | — | — | — | — | $8.1M | $355,000 | $538,000 | $1.0M |
| Interest expense | $14.0M | $6.2M | $6.7M | $7.7M | $3.8M | $4.4M | $8.8M | $8.4M | $5.5M | $971,000 |
| Income before taxes | $77.5M | $112.6M | $129.3M | $116.6M | $13.9M | $22.6M | $79.8M | $58.7M | $109.9M | $122.8M |
| Income taxes | $23.3M | $27.5M | $29.6M | $12.5M | $10.4M | $7.2M | $17.8M | $13.0M | $30.4M | $37.0M |
| Net income | $54.1M | $85.1M | $99.6M | $104.1M | $3.5M | $15.4M | $61.9M | $45.7M | $79.5M | $85.8M |
| EBITDA | $141.4M | $184.9M | $187.8M | $168.2M | $152.0M | $139.6M | $119.6M | $120.2M | $169.1M | $157.8M |
| EPS (diluted) | $3.48 | $4.96 | $4.78 | $3.99 | $2.49 | $2.41 | $2.38 | $3.02 | $3.23 | $2.96 |
| Gross margin | 22.7% | 26.8% | 26.3% | 23.3% | 23.0% | 22.4% | 21.9% | 20.9% | 25.1% | 26.2% |
| Operating margin | 6.0% | 8.7% | 9.4% | 8.7% | 1.7% | 2.1% | 6.3% | 4.8% | 8.6% | 11.0% |
| Net margin | 3.9% | 6.2% | 7.0% | 7.2% | 0.3% | 1.3% | 4.5% | 3.3% | 6.0% | 7.7% |
| Aug '26 | May '26 | Feb '26 | Nov '25 | Aug '25 | May '25 | Feb '25 | Nov '24 | Aug '24 | May '24 | Feb '24 | Nov '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $391.1M | $342.7M | $351.4M | $348.6M | $358.2M | $346.6M | $345.7M | $341.3M | $342.4M | $331.5M | $361.8M | $339.7M |
| Cost of revenue | $295.0M | $267.7M | $271.5M | $262.1M | $272.6M | $264.5M | $268.6M | $251.9M | $244.2M | $232.1M | $267.9M | $249.4M |
| Gross profit | $96.2M | $75.0M | $79.8M | $86.5M | $85.6M | $82.1M | $77.1M | $89.4M | $98.2M | $99.5M | $94.0M | $90.3M |
| Research & development | — | — | — | — | — | — | $29.0M | — | — | — | $30.3M | — |
| Sales, general & admin | — | $56.2M | $53.0M | $58.1M | $55.7M | $68.2M | $47.8M | $60.5M | $55.4M | $57.5M | $53.5M | $52.7M |
| Total operating expenses | $60.3M | $56.2M | $50.0M | $56.2M | $54.3M | $75.2M | $70.9M | $60.8M | $56.3M | $58.1M | $72.1M | $52.7M |
| Operating income | $35.9M | $18.8M | $29.8M | $30.3M | $31.3M | $6.9M | $6.1M | $28.6M | $42.0M | $41.4M | $21.9M | $37.6M |
| Interest expense | $4.2M | $2.8M | $2.8M | $3.2M | $4.1M | $3.8M | $4.4M | $1.0M | $1.1M | $450,000 | $949,000 | $1.5M |
| Income before taxes | $30.4M | $15.9M | $23.0M | $24.1M | $28.0M | $2.4M | $2.7M | $27.6M | $41.1M | $41.1M | $19.3M | $35.3M |
| Income taxes | $8.0M | $4.4M | $6.4M | $7.6M | $4.3M | $5.1M | $254,000 | $6.7M | $10.5M | $10.1M | $3.5M | $8.3M |
| Net income | $22.4M | $11.5M | $16.6M | $16.5M | $23.6M | −$2.7M | $2.5M | $21.0M | $30.6M | $31.0M | $15.7M | $27.0M |
| EBITDA | $49.9M | $31.3M | $38.4M | $40.7M | $45.3M | $35.0M | $33.2M | $46.5M | $52.9M | $52.4M | $44.7M | $47.3M |
| EPS (diluted) | $1.17 | $0.57 | $0.92 | $1.02 | $0.98 | $0.56 | $0.89 | $1.19 | $1.44 | $1.44 | $1.14 | $1.23 |
| Gross margin | 24.6% | 21.9% | 22.7% | 24.8% | 23.9% | 23.7% | 22.3% | 26.2% | 28.7% | 30.0% | 26.0% | 26.6% |
| Operating margin | 9.2% | 5.5% | 8.5% | 8.7% | 8.7% | 2.0% | 1.8% | 8.4% | 12.3% | 12.5% | 6.0% | 11.1% |
| Net margin | 5.7% | 3.4% | 4.7% | 4.7% | 6.6% | −0.8% | 0.7% | 6.1% | 8.9% | 9.4% | 4.3% | 7.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in APOG's financial statements (latest annual report filed April 24, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
APOG financial results
In fiscal year 2026 (ended February 28, 2026), Apogee Enterprises reported revenue of $1.4 billion, up 3.2% from the year before. It had net income of $54.1 million (down 36.4%), a net profit margin of 3.9%. Diluted earnings per share came to $3.48. Over five years revenue grew at an average rate of 2.7% a year.
See the APOG stock overview for the latest quote and news, or the APOG chart for price history and technical indicators.
APOG income statement FAQ
What is Apogee Enterprises's annual revenue?
Apogee Enterprises reported total revenue of $1.4 billion for fiscal year 2026, which ended on February 28, 2026. That was up 3.2% from $1.4 billion the previous year.
Is Apogee Enterprises profitable?
Yes. Apogee Enterprises reported net income of $54.1 million in fiscal 2026, a net profit margin of 3.9%; its operating margin was 6.0%.
What is Apogee Enterprises's gross margin?
Apogee Enterprises's gross margin was 22.7% in fiscal 2026: for every $100 of revenue, Apogee Enterprises kept $23 after the direct cost of its products and services.
How fast is Apogee Enterprises growing?
Revenue grew 2.7% a year on average over the last five fiscal years, from $1.2 billion to $1.4 billion.
What are Apogee Enterprises's earnings per share?
Apogee Enterprises earned $3.48 per diluted share in fiscal 2026, compared with $4.96 a year earlier.
When does Apogee Enterprises's fiscal year end?
Apogee Enterprises's fiscal year ends in February. The latest annual report covers the year ended February 28, 2026 and was filed on April 24, 2026.