Compass Diversified (CODI) Income Statement
CODI 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsCODI revenue and net income
Where CODI's revenue goes
2025Each bar shows an amount and its share of revenue. CODI kept −12.2% of revenue as net income.
CODI profit margins
CODI growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +4.8% | +2.2% | +5.3% | +9.9% |
| Gross profit | −3.9% | +3.6% | +6.2% | +11.6% |
| Operating income | — | −1.4% | −11.4% | −1.6% |
| Net income | — | — | — | — |
| EPS (diluted) | −68.0% | −27.4% | −2.3% | +0.3% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CODI quarterly EPS vs estimates
Compass Diversified beat the analyst EPS estimate in 5 of the last 8 quarters.
CODI income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.87B | $1.79B | $1.69B | $1.76B | $1.72B | $1.45B | $1.26B | $1.36B | $1.00B | $978.3M |
| Cost of revenue | $1.15B | $1.04B | $1.02B | $1.11B | $1.06B | $913.8M | $806.4M | $887.5M | $641.4M | $651.7M |
| Gross profit | $721.2M | $750.4M | $674.7M | $649.4M | $661.6M | $533.8M | $456.9M | $469.8M | $361.4M | $326.6M |
| Research & development | — | $16.9M | $13.9M | $12.3M | $11.9M | $3.0M | $800,000 | $1.2M | $1.9M | $1.7M |
| Sales, general & admin | $660.7M | $105.4M | $101.8M | $553.6M | $530.6M | $359.6M | $308.4M | $340.3M | $278.9M | $232.7M |
| Total operating expenses | $678.6M | $765.3M | $744.1M | $605.0M | $538.5M | $455.8M | $430.9M | $413.2M | $336.9M | $307.5M |
| Operating income | $42.6M | −$14.9M | −$69.4M | $44.4M | $123.1M | $78.0M | $26.0M | $56.6M | $24.5M | $19.1M |
| Interest income | $832,000 | $2.0M | $2.0M | $49,000 | $96,000 | $476,000 | $71.7M | $64.5M | $33.4M | $45.7M |
| Interest expense | $175.0M | $128.9M | $115.9M | $87.2M | $61.8M | $48.5M | $59.9M | $61.5M | $32.3M | $25.9M |
| Income before taxes | −$297.6M | −$309.2M | −$266.5M | −$113.9M | $26.7M | $27.2M | −$60.1M | −$8.4M | −$9.6M | $63.2M |
| Income taxes | $945,000 | $18.6M | $8.2M | $29.5M | $15.3M | $13.6M | $9.9M | $10.5M | −$23.7M | $9.5M |
| Net income | −$229.3M | −$208.9M | $108.6M | −$59.2M | $114.6M | $22.8M | $301.9M | −$5.7M | $28.0M | $54.7M |
| EBITDA | $16.2M | −$47.5M | −$27.1M | $81.6M | $193.1M | $167.3M | $78.0M | $138.2M | $97.4M | $169.5M |
| EPS (diluted) | $0.72 | $2.25 | $2.03 | $1.88 | $1.54 | $0.81 | $0.36 | $0.24 | $0.30 | $1.38 |
| Gross margin | 38.5% | 42.0% | 39.9% | 37.0% | 38.4% | 36.9% | 36.2% | 34.6% | 36.0% | 33.4% |
| Operating margin | 2.3% | −0.8% | −4.1% | 2.5% | 7.1% | 5.4% | 2.1% | 4.2% | 2.4% | 1.9% |
| Net margin | −12.2% | −11.7% | 6.4% | −3.4% | 6.6% | 1.6% | 23.9% | −0.4% | 2.8% | 5.6% |
| 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 | $424.0M | $426.9M | $468.6M | $478.7M | $478.7M | $453.8M | $548.7M | $582.6M | $426.7M | $410.8M | $422.9M | $521.1M |
| Cost of revenue | $224.1M | $237.5M | $266.5M | $270.1M | $270.1M | $257.7M | $323.9M | $308.0M | $238.5M | $235.9M | $258.5M | $295.8M |
| Gross profit | $200.0M | $189.4M | $202.1M | $208.5M | $208.5M | $196.0M | $224.8M | $274.6M | $188.2M | $175.0M | $164.4M | $225.3M |
| Research & development | — | — | — | — | — | — | — | — | — | — | $13.9M | — |
| Sales, general & admin | $134.3M | $132.0M | $168.9M | $179.3M | $162.1M | $150.4M | $19.5M | $176.2M | $169.4M | $164.4M | $49.9M | $163.0M |
| Total operating expenses | $171.0M | $170.8M | $156.1M | $235.8M | $474.4M | $450.3M | −$175.5M | $344.8M | $180.7M | $187.1M | $196.7M | $242.7M |
| Operating income | $29.0M | $18.6M | $46.0M | −$27.2M | $4.3M | $3.4M | $400.3M | −$70.3M | $7.5M | −$12.1M | −$32.3M | −$17.4M |
| Interest income | — | $134,000 | $246,000 | — | — | $328,000 | $146,000 | — | — | $1.8M | — | — |
| Interest expense | $23.9M | $27.5M | $40.0M | $35.2M | $34.1M | $35.5M | $46.5M | $28.4M | $30.6M | $28.1M | $32.5M | $28.6M |
| Income before taxes | $127.3M | −$23.8M | −$106.0M | −$63.4M | −$63.4M | −$47.2M | $30.2M | $42.2M | −$88.4M | −$85.8M | −$58.5M | −$10.1M |
| Income taxes | $45.4M | $7.1M | −$26.6M | $17.4M | — | — | $8.1M | $10.8M | $15.6M | $3.1M | $1.1M | $3.8M |
| Net income | $79.6M | −$30.8M | −$71.2M | −$51.2M | −$51.2M | −$30.0M | $11.9M | $22.1M | −$73.1M | −$56.2M | $137.4M | −$10.2M |
| EBITDA | $184.2M | $38.5M | −$32.9M | $4.9M | $4.9M | — | $90.5M | $103.5M | −$24.0M | −$25.3M | −$8.3M | $53.4M |
| EPS (diluted) | −$0.13 | $0.08 | $0.55 | −$0.36 | −$0.01 | $0.54 | $0.62 | $0.64 | $0.53 | $0.46 | $0.53 | $0.57 |
| Gross margin | 47.2% | 44.4% | 43.1% | 43.6% | 43.6% | 43.2% | 41.0% | 47.1% | 44.1% | 42.6% | 38.9% | 43.2% |
| Operating margin | 6.8% | 4.4% | 9.8% | −5.7% | 0.9% | 0.8% | 73.0% | −12.1% | 1.8% | −2.9% | −7.6% | −3.3% |
| Net margin | 18.8% | −7.2% | −15.2% | −10.7% | −10.7% | −6.6% | 2.2% | 3.8% | −17.1% | −13.7% | 32.5% | −1.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CODI's financial statements (latest annual report filed February 27, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CODI financial results
In fiscal year 2025 (ended December 31, 2025), Compass Diversified reported revenue of $1.9 billion, up 4.8% from the year before. It had a net loss of $229.3 million, a net profit margin of −12.2%. Diluted earnings per share came to $0.72. Over five years revenue grew at an average rate of 5.3% a year.
See the CODI stock overview for the latest quote and news, or the CODI chart for price history and technical indicators.
CODI income statement FAQ
What is Compass Diversified's annual revenue?
Compass Diversified reported total revenue of $1.9 billion for fiscal year 2025, which ended on December 31, 2025. That was up 4.8% from $1.8 billion the previous year.
Is Compass Diversified profitable?
No. Compass Diversified reported a net loss of $229.3 million in fiscal 2025, a net profit margin of −12.2%; its operating margin was 2.3%.
What is Compass Diversified's gross margin?
Compass Diversified's gross margin was 38.5% in fiscal 2025: for every $100 of revenue, Compass Diversified kept $38 after the direct cost of its products and services.
How fast is Compass Diversified growing?
Revenue grew 5.3% a year on average over the last five fiscal years, from $1.4 billion to $1.9 billion.
What are Compass Diversified's earnings per share?
Compass Diversified earned $0.72 per diluted share in fiscal 2025, compared with $2.25 a year earlier.
When does Compass Diversified's fiscal year end?
Compass Diversified's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 27, 2026.