AZZ Inc. (AZZ) Income Statement
AZZ FY2026 at a glance
Fiscal year ended February 28, 2026 · U.S. dollarsAZZ revenue and net income
Where AZZ's revenue goes
FY2026Each bar shows an amount and its share of revenue. AZZ kept 19.2% of revenue as net income.
AZZ profit margins
AZZ growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +4.6% | +7.6% | +28.0% | +6.2% |
| Gross profit | +3.2% | +10.1% | +26.3% | +5.6% |
| Operating income | +12.0% | +15.1% | +41.0% | +8.0% |
| Net income | +146.3% | — | +51.6% | +15.2% |
| EPS (diluted) | +19.0% | +22.3% | +23.9% | +7.3% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
AZZ quarterly EPS vs estimates
AZZ beat the analyst EPS estimate in 7 of the last 8 quarters.
AZZ income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.65B | $1.58B | $1.54B | $1.32B | $525.6M | $480.6M | $1.06B | $927.1M | $810.4M | $858.9M |
| Cost of revenue | $1.26B | $1.20B | $1.17B | $1.03B | $379.4M | $357.7M | $822.6M | $728.5M | $650.1M | $654.1M |
| Gross profit | $395.0M | $382.7M | $363.5M | $295.9M | $146.2M | $122.9M | $239.2M | $198.6M | $160.3M | $204.8M |
| Research & development | — | — | — | — | — | — | — | — | $0 | $0 |
| Sales, general & admin | $130.3M | $146.3M | $141.9M | $122.3M | $113.7M | $59.3M | $10.3M | $10.8M | $112.1M | $106.4M |
| Total operating expenses | $130.3M | $146.3M | $141.9M | $122.3M | $66.9M | $75.4M | $132.1M | $121.7M | $112.1M | $106.4M |
| Operating income | $264.6M | $236.4M | $221.6M | $173.6M | $79.2M | $47.5M | $107.1M | $77.0M | $48.2M | $98.4M |
| Interest income | — | $65.1M | $91.7M | $86.2M | $6.4M | $9.6M | $13.5M | $15.0M | $13.9M | $14.7M |
| Interest expense | $55.6M | $81.3M | $107.1M | $88.8M | $6.4M | $9.5M | $13.5M | $15.0M | $13.9M | $14.7M |
| Income before taxes | $420.3M | $170.7M | $130.1M | $88.7M | $73.0M | $38.4M | $64.9M | $63.0M | $30.9M | $84.7M |
| Income taxes | $103.1M | $41.9M | $28.5M | $22.3M | $23.2M | $11.2M | $16.7M | $11.8M | −$14.3M | $23.8M |
| Net income | $317.3M | $128.8M | $101.6M | −$53.0M | $84.0M | $39.6M | $48.2M | $51.2M | $45.2M | $60.9M |
| EBITDA | $566.0M | $334.2M | $316.6M | $252.1M | $111.5M | $92.5M | $128.5M | $128.2M | $95.3M | $150.4M |
| EPS (diluted) | $6.19 | $5.20 | $4.53 | $3.38 | $3.35 | $2.12 | $2.71 | $1.96 | $0.97 | $2.50 |
| Gross margin | 23.9% | 24.3% | 23.6% | 22.4% | 27.8% | 25.6% | 22.5% | 21.4% | 19.8% | 23.8% |
| Operating margin | 16.0% | 15.0% | 14.4% | 13.1% | 15.1% | 9.9% | 10.1% | 8.3% | 6.0% | 11.5% |
| Net margin | 19.2% | 8.2% | 6.6% | −4.0% | 16.0% | 8.2% | 4.5% | 5.5% | 5.6% | 7.1% |
| 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 | $486.9M | $448.5M | $385.1M | $425.7M | $417.3M | $422.0M | $351.9M | $403.7M | $409.0M | $413.2M | $366.6M | $381.6M |
| Cost of revenue | $364.8M | $336.4M | $297.5M | $323.8M | $316.0M | $317.8M | $273.2M | $305.9M | $305.5M | $310.5M | $285.5M | $293.5M |
| Gross profit | $122.1M | $112.2M | $87.6M | $101.9M | $101.3M | $104.1M | $78.7M | $97.8M | $103.5M | $102.7M | $81.0M | $88.1M |
| Sales, general & admin | — | $35.1M | $30.5M | $32.5M | $32.8M | $34.6M | $38.3M | $39.2M | $35.9M | $32.9M | $38.8M | $35.3M |
| Total operating expenses | $38.3M | $35.1M | $30.5M | $32.5M | $32.8M | $34.6M | $38.3M | $39.2M | $35.9M | $32.9M | $38.8M | $35.3M |
| Operating income | $83.8M | $77.0M | $57.1M | $69.5M | $68.5M | $69.5M | $40.4M | $58.5M | $67.6M | $69.7M | $42.3M | $52.8M |
| Interest income | — | — | — | $13.6M | $45.7M | $155.0M | $13.7M | $12.1M | — | — | — | — |
| Interest expense | $10.8M | $11.3M | $11.2M | $12.2M | $13.7M | $18.6M | $17.4M | $19.2M | $21.9M | $22.8M | $24.7M | $25.9M |
| Income before taxes | $79.8M | $66.0M | $24.6M | $55.6M | $114.3M | $225.8M | $26.3M | $45.7M | $47.6M | $51.0M | $22.0M | $35.7M |
| Income taxes | $21.3M | $14.0M | $8.7M | $14.5M | $25.0M | $54.9M | $6.1M | $12.1M | $12.2M | $11.4M | $4.1M | $8.8M |
| Net income | $58.5M | $52.0M | $15.9M | $41.1M | $89.3M | $170.9M | $20.2M | $33.6M | $35.4M | $39.6M | $17.9M | $26.9M |
| EBITDA | $114.8M | $100.8M | $58.9M | $90.5M | $150.4M | $266.2M | $64.5M | $85.6M | $90.0M | $94.1M | $67.1M | $81.9M |
| EPS (diluted) | $2.00 | $1.85 | $1.34 | $1.52 | $1.55 | $1.78 | $0.98 | $1.39 | $1.37 | $1.46 | $0.93 | $1.19 |
| Gross margin | 25.1% | 25.0% | 22.7% | 23.9% | 24.3% | 24.7% | 22.4% | 24.2% | 25.3% | 24.8% | 22.1% | 23.1% |
| Operating margin | 17.2% | 17.2% | 14.8% | 16.3% | 16.4% | 16.5% | 11.5% | 14.5% | 16.5% | 16.9% | 11.5% | 13.8% |
| Net margin | 12.0% | 11.6% | 4.1% | 9.6% | 21.4% | 40.5% | 5.7% | 8.3% | 8.7% | 9.6% | 4.9% | 7.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in AZZ's financial statements (latest annual report filed April 22, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
AZZ financial results
In fiscal year 2026 (ended February 28, 2026), AZZ reported revenue of $1.7 billion, up 4.6% from the year before. It had net income of $317.3 million (up 146.3%), a net profit margin of 19.2%. Diluted earnings per share came to $6.19. Over five years revenue grew at an average rate of 28.0% a year.
See the AZZ stock overview for the latest quote and news, or the AZZ chart for price history and technical indicators.
AZZ income statement FAQ
What is AZZ's annual revenue?
AZZ reported total revenue of $1.7 billion for fiscal year 2026, which ended on February 28, 2026. That was up 4.6% from $1.6 billion the previous year.
Is AZZ profitable?
Yes. AZZ reported net income of $317.3 million in fiscal 2026, a net profit margin of 19.2%; its operating margin was 16.0%.
What is AZZ's gross margin?
AZZ's gross margin was 23.9% in fiscal 2026: for every $100 of revenue, AZZ kept $24 after the direct cost of its products and services.
How fast is AZZ growing?
Revenue grew 28.0% a year on average over the last five fiscal years, from $480.6 million to $1.7 billion.
What are AZZ's earnings per share?
AZZ earned $6.19 per diluted share in fiscal 2026, compared with $5.20 a year earlier.
When does AZZ's fiscal year end?
AZZ's fiscal year ends in February. The latest annual report covers the year ended February 28, 2026 and was filed on April 22, 2026.