Carpenter Technology Corporation (CRS) Income Statement
CRS FY2026 at a glance
Fiscal year ended June 30, 2026 · U.S. dollarsCRS revenue and net income
Where CRS's revenue goes
FY2026Each bar shows an amount and its share of revenue. CRS kept 17.0% of revenue as net income.
CRS profit margins
CRS growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +8.6% | +7.0% | +16.2% | +5.6% |
| Gross profit | +24.3% | +41.5% | +294.5% | +14.1% |
| Operating income | +34.5% | +74.1% | — | +29.8% |
| Net income | +40.9% | +111.0% | — | +46.9% |
| EPS (diluted) | +43.9% | +110.7% | — | +25.1% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CRS quarterly EPS vs estimates
Carpenter Technology beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: October 22, 2026 (estimate $2.97).
CRS income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.12B | $2.88B | $2.76B | $2.55B | $1.84B | $1.48B | $2.18B | $2.38B | $2.16B | $1.80B |
| Cost of revenue | $2.17B | $2.11B | $2.18B | $2.21B | $1.69B | $1.47B | $1.85B | $1.94B | $1.78B | $1.50B |
| Gross profit | $955.5M | $768.6M | $584.3M | $337.3M | $149.8M | $1.0M | $329.4M | $444.8M | $382.3M | $300.8M |
| Research & development | — | $26.1M | $25.6M | $24.4M | $20.4M | $19.7M | $28.0M | $23.3M | $19.3M | $16.9M |
| Sales, general & admin | $253.5M | $243.2M | $230.2M | $204.2M | $174.7M | $180.2M | $201.0M | $203.4M | $195.1M | $183.9M |
| Total operating expenses | $253.5M | $246.8M | $261.2M | $204.2M | $174.7M | $249.6M | $304.1M | $203.4M | $193.0M | $179.3M |
| Operating income | $702.0M | $521.8M | $323.1M | $133.1M | −$24.9M | −$248.6M | $25.3M | $241.4M | $189.3M | $121.5M |
| Interest income | $8.8M | $7.5M | $1.8M | $54.1M | $100,000 | $32.7M | $16.8M | $25.5M | $300,000 | $300,000 |
| Interest expense | $37.8M | $63.9M | $65.4M | $64.1M | $44.9M | $33.6M | $19.8M | $26.1M | $28.3M | $29.8M |
| Income before taxes | $656.2M | $467.3M | $211.6M | $72.5M | −$63.1M | −$297.9M | $6.1M | $216.0M | $160.2M | $70.2M |
| Income taxes | $126.4M | $91.3M | $25.1M | $16.1M | −$14.0M | −$68.3M | $4.6M | $49.0M | −$28.3M | $23.2M |
| Net income | $529.8M | $376.0M | $186.5M | $56.4M | −$49.1M | −$229.6M | $1.5M | $167.0M | $188.5M | $47.0M |
| EBITDA | $841.1M | $670.4M | $411.6M | $267.6M | $113.2M | −$140.7M | $149.8M | $363.6M | $305.1M | $217.8M |
| EPS (diluted) | $10.76 | $7.48 | $4.74 | $1.15 | −$1.01 | −$2.01 | $2.15 | $3.46 | $2.51 | $1.10 |
| Gross margin | 30.6% | 26.7% | 21.2% | 13.2% | 8.2% | 0.1% | 15.1% | 18.7% | 17.7% | 16.7% |
| Operating margin | 22.5% | 18.1% | 11.7% | 5.2% | −1.4% | −16.8% | 1.2% | 10.1% | 8.8% | 6.8% |
| Net margin | 17.0% | 13.1% | 6.8% | 2.2% | −2.7% | −15.6% | 0.1% | 7.0% | 8.7% | 2.6% |
| 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 | $851.0M | $811.5M | $728.0M | $733.7M | $755.6M | $727.0M | $676.9M | $717.6M | $798.6M | $684.9M | $624.2M | $651.9M |
| Cost of revenue | $582.0M | $559.7M | $509.7M | $517.3M | $541.6M | $526.2M | $499.4M | $541.3M | $608.0M | $537.9M | $501.6M | $527.8M |
| Gross profit | $269.0M | $251.8M | $218.3M | $216.4M | $214.0M | $200.8M | $177.5M | $176.3M | $190.6M | $147.0M | $122.6M | $124.1M |
| Research & development | — | — | — | — | $26.1M | — | — | — | $25.6M | — | — | — |
| Sales, general & admin | $62.0M | $65.3M | $63.1M | $63.1M | $62.6M | $63.0M | $58.6M | $59.1M | $65.4M | $57.0M | $52.8M | $55.1M |
| Total operating expenses | $62.0M | $65.3M | $63.1M | $63.1M | $62.6M | $63.0M | $58.6M | $62.7M | $82.3M | $71.1M | $52.8M | $55.1M |
| Operating income | $207.0M | $186.5M | $155.2M | $153.3M | $151.4M | $137.8M | $118.9M | $113.6M | $108.3M | $75.9M | $69.8M | $69.0M |
| Interest income | $2.7M | $2.0M | $1.9M | $2.2M | $2.0M | $1.6M | $1.6M | $2.3M | $1.4M | $100,000 | $200,000 | $13.2M |
| Interest expense | $6.0M | $8.7M | $11.6M | $11.5M | $15.7M | $15.9M | $16.1M | $16.3M | $16.2M | $16.6M | $16.5M | $16.2M |
| Income before taxes | $204.7M | $176.7M | $130.0M | $144.8M | $139.1M | $122.0M | $105.1M | $101.1M | $93.9M | $10.1M | $55.2M | $52.3M |
| Income taxes | $42.3M | $37.1M | $24.7M | $22.3M | $27.4M | $26.6M | $21.0M | $16.3M | $300,000 | $3.8M | $12.5M | $8.4M |
| Net income | $162.4M | $139.6M | $105.3M | $122.5M | $111.7M | $95.4M | $84.1M | $84.8M | $93.6M | $6.3M | $42.7M | $43.9M |
| EBITDA | $250.4M | $222.1M | $176.3M | $192.3M | $190.4M | $173.4M | $155.5M | $151.2M | $143.9M | $60.8M | $105.3M | $101.6M |
| EPS (diluted) | $3.23 | $2.77 | $2.33 | $2.43 | $2.21 | $1.88 | $1.66 | $1.73 | $1.82 | $1.19 | $0.85 | $0.88 |
| Gross margin | 31.6% | 31.0% | 30.0% | 29.5% | 28.3% | 27.6% | 26.2% | 24.6% | 23.9% | 21.5% | 19.6% | 19.0% |
| Operating margin | 24.3% | 23.0% | 21.3% | 20.9% | 20.0% | 19.0% | 17.6% | 15.8% | 13.6% | 11.1% | 11.2% | 10.6% |
| Net margin | 19.1% | 17.2% | 14.5% | 16.7% | 14.8% | 13.1% | 12.4% | 11.8% | 11.7% | 0.9% | 6.8% | 6.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CRS's financial statements (latest annual report filed August 12, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CRS financial results
In fiscal year 2026 (ended June 30, 2026), Carpenter Technology reported revenue of $3.1 billion, up 8.6% from the year before. It had net income of $529.8 million (up 40.9%), a net profit margin of 17.0%. Diluted earnings per share came to $10.76. Over five years revenue grew at an average rate of 16.2% a year.
See the CRS stock overview for the latest quote and news, or the CRS chart for price history and technical indicators.
CRS income statement FAQ
What is Carpenter Technology's annual revenue?
Carpenter Technology reported total revenue of $3.1 billion for fiscal year 2026, which ended on June 30, 2026. That was up 8.6% from $2.9 billion the previous year.
Is Carpenter Technology profitable?
Yes. Carpenter Technology reported net income of $529.8 million in fiscal 2026, a net profit margin of 17.0%; its operating margin was 22.5%.
What is Carpenter Technology's gross margin?
Carpenter Technology's gross margin was 30.6% in fiscal 2026: for every $100 of revenue, Carpenter Technology kept $31 after the direct cost of its products and services.
How fast is Carpenter Technology growing?
Revenue grew 16.2% a year on average over the last five fiscal years, from $1.5 billion to $3.1 billion.
What are Carpenter Technology's earnings per share?
Carpenter Technology earned $10.76 per diluted share in fiscal 2026, compared with $7.48 a year earlier.
When will Carpenter Technology report its next earnings?
Carpenter Technology is expected to report results for the quarter ending September 30, 2026 on October 22, 2026 before the market opens.
When does Carpenter Technology's fiscal year end?
Carpenter Technology's fiscal year ends in June. The latest annual report covers the year ended June 30, 2026 and was filed on August 12, 2026.