Alpha Pro Tech, Ltd. (APT) Income Statement
APT 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsAPT revenue and net income
Where APT's revenue goes
2025Each bar shows an amount and its share of revenue. APT kept 6.0% of revenue as net income.
APT profit margins
APT growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +2.3% | −1.6% | −10.5% | +2.8% |
| Gross profit | −1.7% | +1.3% | −14.9% | +3.5% |
| Operating income | +11.3% | −6.2% | −34.4% | +10.0% |
| Net income | −10.1% | +2.5% | −33.4% | +13.0% |
| EPS (diluted) | −2.9% | +9.4% | −29.6% | +18.9% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
APT quarterly EPS vs estimates
Alpha Pro Tech beat the analyst EPS estimate in 3 of the last 3 quarters. Next report: November 4, 2026.
APT income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $59.1M | $57.8M | $61.2M | $62.0M | $68.6M | $102.7M | $46.7M | $46.6M | $44.0M | $46.2M |
| Cost of revenue | $36.6M | $34.9M | $38.4M | $40.3M | $43.3M | $52.2M | $29.7M | $28.9M | $26.6M | $29.2M |
| Gross profit | $22.5M | $22.9M | $22.8M | $21.7M | $25.3M | $50.5M | $17.0M | $17.7M | $17.5M | $17.0M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $17.8M | $18.6M | $17.8M | $16.2M | $16.6M | $18.2M | $13.3M | $13.3M | $14.0M | $12.8M |
| Total operating expenses | $18.7M | $19.5M | $18.7M | $17.0M | $17.4M | $18.9M | $13.9M | $13.8M | $14.5M | $13.3M |
| Operating income | $3.8M | $3.4M | $4.1M | $4.7M | $7.9M | $31.6M | $3.0M | $3.9M | $2.9M | $3.7M |
| Interest income | $648,000 | $912,000 | $658,000 | $235,000 | $573,000 | $18,000 | $68,000 | $540,000 | $4,000 | $5,000 |
| Interest expense | — | — | — | $745,000 | $573,000 | $604,000 | $889,000 | $3,000 | $4,000 | $5,000 |
| Income before taxes | $4.7M | $5.0M | $5.4M | $4.4M | $8.5M | $32.2M | $3.7M | $4.4M | $3.7M | $4.2M |
| Income taxes | $1.1M | $1.1M | $1.2M | $1.1M | $1.7M | $5.4M | $680,000 | $789,000 | $1.0M | $1.0M |
| Net income | $3.5M | $3.9M | $4.2M | $3.3M | $6.8M | $26.9M | $3.0M | $3.6M | $2.6M | $3.2M |
| EBITDA | $5.6M | $5.9M | $6.3M | $5.2M | $9.3M | $32.3M | $3.6M | $4.4M | $3.5M | $4.2M |
| EPS (diluted) | $0.34 | $0.35 | $0.36 | $0.26 | $0.50 | $1.96 | $0.23 | $0.27 | $0.17 | $0.19 |
| Gross margin | 38.1% | 39.6% | 37.3% | 35.0% | 36.9% | 49.2% | 36.4% | 38.0% | 39.6% | 36.8% |
| Operating margin | 6.5% | 6.0% | 6.7% | 7.5% | 11.5% | 30.8% | 6.5% | 8.3% | 6.6% | 8.0% |
| Net margin | 6.0% | 6.8% | 6.8% | 5.3% | 9.8% | 26.2% | 6.4% | 7.8% | 6.0% | 6.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $18.7M | $14.6M | $13.9M | $14.8M | $16.7M | $13.8M | $13.8M | $14.3M | $16.3M | $13.5M | $15.3M | $16.1M |
| Cost of revenue | $11.7M | $9.1M | $8.7M | $8.9M | $10.5M | $8.4M | $8.6M | $8.8M | $9.4M | $8.1M | $9.8M | $10.0M |
| Gross profit | $7.0M | $5.5M | $5.1M | $5.9M | $6.1M | $5.4M | $5.2M | $5.5M | $6.8M | $5.4M | $5.5M | $6.0M |
| Sales, general & admin | $4.7M | $4.7M | $4.0M | $4.6M | $4.6M | $4.7M | $4.4M | $4.5M | $4.9M | $4.8M | $4.5M | $4.4M |
| Total operating expenses | $5.0M | $4.9M | $4.2M | $4.8M | $4.8M | $4.9M | $4.5M | $4.7M | $5.1M | $5.1M | $4.5M | $4.6M |
| Operating income | $2.0M | $580,000 | $952,000 | $1.1M | $1.3M | $455,000 | $674,000 | $737,000 | $1.7M | $326,000 | $971,000 | $1.4M |
| Interest income | $163,000 | $150,000 | $164,000 | $169,000 | $139,000 | $176,000 | $212,000 | $235,000 | $207,000 | $258,000 | $267,000 | $222,000 |
| Interest expense | — | — | — | — | — | — | — | — | — | — | $267,000 | — |
| Income before taxes | $2.4M | $885,000 | $993,000 | $1.3M | $1.6M | $772,000 | $1.1M | $1.1M | $2.1M | $722,000 | $1.3M | $1.8M |
| Income taxes | $558,000 | $183,000 | $295,000 | $317,000 | $367,000 | $159,000 | $233,000 | $237,000 | $475,000 | $146,000 | $262,000 | $395,000 |
| Net income | $1.8M | $702,000 | $698,000 | $976,000 | $1.2M | $613,000 | $847,000 | $862,000 | $1.6M | $576,000 | $1.1M | $1.4M |
| EBITDA | $2.3M | $1.4M | $1.2M | $1.5M | $1.9M | $1.0M | $1.2M | $1.3M | $2.4M | $966,000 | $1.6M | $2.0M |
| EPS (diluted) | $0.18 | $0.07 | $0.07 | $0.09 | $0.12 | $0.06 | $0.08 | $0.08 | $0.15 | $0.05 | $0.09 | $0.12 |
| Gross margin | 37.4% | 37.8% | 37.1% | 39.7% | 36.8% | 39.0% | 37.6% | 38.5% | 42.0% | 40.2% | 35.8% | 37.6% |
| Operating margin | 10.8% | 4.0% | 6.9% | 7.4% | 8.0% | 3.3% | 4.9% | 5.2% | 10.5% | 2.4% | 6.4% | 8.9% |
| Net margin | 9.8% | 4.8% | 5.0% | 6.6% | 7.5% | 4.4% | 6.1% | 6.0% | 10.1% | 4.3% | 7.0% | 8.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in APT's financial statements (latest annual report filed March 11, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
APT financial results
In fiscal year 2025 (ended December 31, 2025), Alpha Pro Tech reported revenue of $59.1 million, up 2.3% from the year before. It had net income of $3.5 million (down 10.1%), a net profit margin of 6.0%. Diluted earnings per share came to $0.34. Over five years revenue grew at an average rate of −10.5% a year.
See the APT stock overview for the latest quote and news, or the APT chart for price history and technical indicators.
APT income statement FAQ
What is Alpha Pro Tech's annual revenue?
Alpha Pro Tech reported total revenue of $59.1 million for fiscal year 2025, which ended on December 31, 2025. That was up 2.3% from $57.8 million the previous year.
Is Alpha Pro Tech profitable?
Yes. Alpha Pro Tech reported net income of $3.5 million in fiscal 2025, a net profit margin of 6.0%; its operating margin was 6.5%.
What is Alpha Pro Tech's gross margin?
Alpha Pro Tech's gross margin was 38.1% in fiscal 2025: for every $100 of revenue, Alpha Pro Tech kept $38 after the direct cost of its products and services.
How fast is Alpha Pro Tech growing?
Revenue grew −10.5% a year on average over the last five fiscal years, from $102.7 million to $59.1 million.
What are Alpha Pro Tech's earnings per share?
Alpha Pro Tech earned $0.34 per diluted share in fiscal 2025, compared with $0.35 a year earlier.
When will Alpha Pro Tech report its next earnings?
Alpha Pro Tech is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 before the market opens.
When does Alpha Pro Tech's fiscal year end?
Alpha Pro Tech's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 11, 2026.