Avalon Holdings Corporation (AWX) Income Statement
AWX 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsAWX revenue and net income
Where AWX's revenue goes
2025Each bar shows an amount and its share of revenue. AWX kept 0.4% of revenue as net income.
AWX profit margins
AWX growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −0.3% | +1.0% | +7.3% | +4.6% |
| Gross profit | −27.3% | −3.5% | +1.4% | +3.5% |
| Operating income | −34.1% | +80.0% | +74.8% | — |
| Net income | −75.6% | — | +87.1% | — |
| EPS (diluted) | −76.5% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
AWX quarterly EPS vs estimates
Avalon beat the analyst EPS estimate in 1 of the last 1 quarters. Next report: November 6, 2026.
AWX income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $83.5M | $83.8M | $80.5M | $81.2M | $70.4M | $58.7M | $68.4M | $62.2M | $55.8M | $61.4M |
| Cost of revenue | $71.0M | $66.6M | $66.7M | $67.2M | $56.8M | $47.0M | $56.3M | $49.8M | $44.7M | $50.5M |
| Gross profit | $12.5M | $17.2M | $13.8M | $14.0M | $13.6M | $11.7M | $12.1M | $12.4M | $11.2M | $10.8M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $10.5M | $10.2M | $10.2M | $10.1M | $9.9M | $8.7M | $9.4M | $9.0M | $8.5M | $8.2M |
| Total operating expenses | $10.5M | $14.2M | $14.1M | $13.6M | $13.0M | $11.6M | $12.0M | $11.9M | $11.4M | $11.0M |
| Operating income | $2.0M | $3.1M | −$273,000 | $347,000 | $561,000 | $124,000 | $133,000 | −$2.7M | −$271,000 | −$186,000 |
| Interest income | $2.0M | $2.0M | $2.1M | $1.5M | $1.2M | $1.2M | $837,000 | $675,000 | $699,000 | $379,000 |
| Interest expense | $2.0M | $2.0M | $2.1M | $1.5M | $1.2M | $1.2M | $837,000 | $675,000 | $699,000 | $379,000 |
| Income before taxes | −$17,000 | $1.0M | −$2.0M | −$886,000 | $1.7M | $52,000 | −$375,000 | −$3.1M | −$694,000 | −$284,000 |
| Income taxes | $82,000 | $90,000 | $57,000 | $94,000 | $89,000 | $98,000 | $160,000 | $167,000 | $122,000 | $125,000 |
| Net income | $321,000 | $1.3M | −$1.8M | −$583,000 | $2.0M | $14,000 | −$455,000 | −$1.1M | −$307,000 | −$69,000 |
| EBITDA | $5.8M | $7.0M | $3.9M | $4.1M | $6.0M | $4.2M | $2.7M | $463,000 | $3.0M | $2.9M |
| EPS (diluted) | $0.08 | $0.34 | −$0.45 | −$0.15 | $0.50 | $0.00 | −$0.11 | −$0.31 | −$0.01 | −$0.03 |
| Gross margin | 15.0% | 20.6% | 17.1% | 17.2% | 19.3% | 19.9% | 17.7% | 20.0% | 20.0% | 17.7% |
| Operating margin | 2.4% | 3.7% | −0.3% | 0.4% | 0.8% | 0.2% | 0.2% | −4.3% | −0.5% | −0.3% |
| Net margin | 0.4% | 1.6% | −2.2% | −0.7% | 2.8% | 0.0% | −0.7% | −1.8% | −0.5% | −0.1% |
| 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 | $20.9M | $17.7M | $21.5M | $25.7M | $20.3M | $16.1M | $17.6M | $24.2M | $23.1M | $18.9M | $17.7M | $23.9M |
| Cost of revenue | $16.0M | $15.7M | $18.7M | $19.6M | $16.1M | $13.7M | $14.6M | $18.3M | $18.0M | $15.8M | $14.7M | $18.8M |
| Gross profit | $4.9M | $1.9M | $2.7M | $6.1M | $4.2M | $2.4M | $3.1M | $6.0M | $5.1M | $3.1M | $3.0M | $5.2M |
| Sales, general & admin | $2.6M | $2.7M | $2.7M | $2.8M | $2.5M | $2.6M | $2.3M | $2.7M | $2.7M | $2.6M | $2.4M | $2.8M |
| Total operating expenses | $3.5M | $2.7M | $2.7M | $3.8M | $3.4M | $3.5M | $3.2M | $3.7M | $3.7M | $3.6M | $3.3M | $3.8M |
| Operating income | $1.4M | −$736,000 | $79,000 | $2.3M | $750,000 | −$1.2M | −$134,000 | $2.3M | $1.4M | −$513,000 | −$337,000 | $1.4M |
| Interest income | — | — | $510,000 | $512,000 | $510,000 | $510,000 | $509,000 | $502,000 | — | — | — | — |
| Interest expense | $504,000 | $504,000 | $510,000 | $512,000 | $510,000 | $510,000 | $509,000 | $502,000 | $521,000 | $508,000 | $525,000 | $519,000 |
| Income before taxes | $839,000 | −$1.2M | −$431,000 | $1.8M | $240,000 | −$1.7M | −$643,000 | $1.8M | $927,000 | −$1.0M | −$905,000 | $867,000 |
| Income taxes | $30,000 | $41,000 | −$18,000 | $45,000 | $29,000 | $25,000 | −$36,000 | $42,000 | $44,000 | $40,000 | −$36,000 | $39,000 |
| Net income | $884,000 | −$1.2M | −$356,000 | $1.9M | $274,000 | −$1.5M | −$497,000 | $1.8M | $954,000 | −$979,000 | −$831,000 | $885,000 |
| EBITDA | $2.3M | $193,000 | $1.0M | $3.3M | $1.7M | −$181,000 | $815,000 | $3.2M | $2.5M | $474,000 | $588,000 | $2.3M |
| EPS (diluted) | $0.23 | −$0.32 | −$0.09 | $0.49 | $0.07 | −$0.38 | −$0.13 | $0.47 | $0.24 | −$0.25 | −$0.21 | $0.23 |
| Gross margin | 23.4% | 11.0% | 12.8% | 23.7% | 20.6% | 14.8% | 17.5% | 24.6% | 22.1% | 16.2% | 17.0% | 21.6% |
| Operating margin | 6.5% | −4.2% | 0.4% | 9.1% | 3.7% | −7.2% | −0.8% | 9.4% | 6.3% | −2.7% | −1.9% | 5.8% |
| Net margin | 4.2% | −7.0% | −1.7% | 7.4% | 1.4% | −9.3% | −2.8% | 7.6% | 4.1% | −5.2% | −4.7% | 3.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in AWX's financial statements (latest annual report filed March 19, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
AWX financial results
In fiscal year 2025 (ended December 31, 2025), Avalon reported revenue of $83.5 million, down 0.3% from the year before. It had net income of $0.3 million (down 75.6%), a net profit margin of 0.4%. Diluted earnings per share came to $0.08. Over five years revenue grew at an average rate of 7.3% a year.
See the AWX stock overview for the latest quote and news, or the AWX chart for price history and technical indicators.
AWX income statement FAQ
What is Avalon's annual revenue?
Avalon reported total revenue of $83.5 million for fiscal year 2025, which ended on December 31, 2025. That was down 0.3% from $83.8 million the previous year.
Is Avalon profitable?
Yes. Avalon reported net income of $0.3 million in fiscal 2025, a net profit margin of 0.4%; its operating margin was 2.4%.
What is Avalon's gross margin?
Avalon's gross margin was 15.0% in fiscal 2025: for every $100 of revenue, Avalon kept $15 after the direct cost of its products and services.
How fast is Avalon growing?
Revenue grew 7.3% a year on average over the last five fiscal years, from $58.7 million to $83.5 million.
What are Avalon's earnings per share?
Avalon earned $0.08 per diluted share in fiscal 2025, compared with $0.34 a year earlier.
When will Avalon report its next earnings?
Avalon is expected to report results for the quarter ending September 30, 2026 on November 6, 2026.
When does Avalon's fiscal year end?
Avalon's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 19, 2026.