CTS Corporation (CTS) Income Statement
CTS 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsCTS revenue and net income
Where CTS's revenue goes
2025Each bar shows an amount and its share of revenue. CTS kept 12.0% of revenue as net income.
CTS profit margins
CTS growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +5.2% | −2.6% | +5.0% | +3.6% |
| Gross profit | +10.9% | −0.1% | +8.3% | +5.0% |
| Operating income | +10.7% | −3.4% | +12.1% | +10.5% |
| Net income | +12.4% | +3.1% | +13.5% | +25.1% |
| EPS (diluted) | +2.8% | −3.3% | +14.8% | +9.1% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CTS quarterly EPS vs estimates
CTS beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: October 27, 2026 (estimate $0.66).
CTS income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $542.2M | $515.5M | $550.4M | $586.9M | $512.9M | $424.2M | $469.0M | $470.1M | $423.5M | $396.8M |
| Cost of revenue | $333.4M | $327.3M | $359.6M | $377.3M | $329.7M | $284.2M | $312.3M | $301.5M | $282.1M | $256.4M |
| Gross profit | $208.7M | $188.2M | $190.9M | $209.6M | $183.2M | $139.9M | $156.7M | $168.6M | $141.4M | $140.4M |
| Research & development | $25.3M | $23.4M | $24.9M | $24.1M | $23.9M | $24.3M | $26.0M | $25.3M | $25.1M | $24.0M |
| Sales, general & admin | $98.7M | $88.3M | $87.8M | $91.5M | $82.6M | $67.8M | $70.4M | $73.6M | $71.9M | $61.6M |
| Total operating expenses | $124.0M | $111.7M | $108.7M | $115.6M | $106.5M | $92.1M | $96.5M | $98.8M | $97.0M | $84.9M |
| Operating income | $84.7M | $76.5M | $75.1M | $94.0M | $76.8M | $47.8M | $60.2M | $69.9M | $44.4M | $55.6M |
| Interest income | $875,000 | $4.3M | $3.8M | $866,000 | $840,000 | $1.0M | $1.7M | $1.8M | $1.3M | $1.3M |
| Interest expense | $5.5M | $4.2M | $3.3M | $2.2M | $2.1M | $3.3M | $2.6M | $2.1M | $3.3M | $3.7M |
| Income before taxes | $83.8M | $71.2M | $75.2M | $80.7M | −$60.9M | $45.5M | $50.3M | $58.1M | $40.3M | $57.2M |
| Income taxes | $18.5M | $13.1M | $14.6M | $21.2M | −$19.0M | $10.8M | $14.1M | $11.6M | $25.8M | $22.9M |
| Net income | $65.3M | $58.1M | $60.5M | $59.6M | −$41.9M | $34.7M | $36.1M | $46.5M | $14.4M | $34.4M |
| EBITDA | $123.8M | $108.2M | $75.1M | $113.2M | −$32.6M | $75.0M | $78.0M | $83.1M | $64.3M | $80.9M |
| EPS (diluted) | $2.23 | $2.17 | $2.21 | $2.47 | $1.93 | $1.12 | $1.45 | $1.53 | $1.24 | $1.09 |
| Gross margin | 38.5% | 36.5% | 34.7% | 35.7% | 35.7% | 33.0% | 33.4% | 35.9% | 33.4% | 35.4% |
| Operating margin | 15.6% | 14.8% | 13.6% | 16.0% | 15.0% | 11.3% | 12.8% | 14.9% | 10.5% | 14.0% |
| Net margin | 12.0% | 11.3% | 11.0% | 10.2% | −8.2% | 8.2% | 7.7% | 9.9% | 3.4% | 8.7% |
| 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 | $144.5M | $139.5M | $137.6M | $143.2M | $135.5M | $125.8M | $127.3M | $132.4M | $130.1M | $125.7M | $124.7M | $134.6M |
| Cost of revenue | $84.6M | $85.9M | $84.3M | $88.0M | $82.6M | $79.9M | $79.0M | $82.6M | $83.4M | $81.4M | $83.6M | $87.2M |
| Gross profit | $60.0M | $53.6M | $53.3M | $55.2M | $53.0M | $46.0M | $48.3M | $49.9M | $46.7M | $44.3M | $41.1M | $47.4M |
| Research & development | $4.8M | $6.6M | $5.9M | $6.9M | $6.3M | $6.2M | $5.7M | $5.0M | $6.1M | $6.6M | $5.3M | $6.3M |
| Sales, general & admin | $28.4M | $26.0M | $24.8M | $27.2M | $23.1M | $23.6M | $22.2M | $22.5M | $21.3M | $22.3M | $19.5M | $18.7M |
| Total operating expenses | $33.2M | $32.6M | $30.7M | $34.1M | $29.4M | $29.8M | $27.9M | $27.5M | $27.4M | $28.9M | $24.8M | $25.0M |
| Operating income | $26.8M | $21.0M | $22.6M | $21.1M | $23.6M | $16.1M | $20.4M | $22.3M | $19.3M | $15.4M | $16.3M | $22.4M |
| Interest income | $571,000 | $480,000 | $120,000 | $535,000 | $622,000 | $447,000 | $482,000 | $973,000 | $1.4M | $1.4M | $1.5M | $45,000 |
| Interest expense | $704,000 | $904,000 | $1.2M | $1.4M | $1.4M | $1.5M | $1.3M | $1.3M | $833,000 | $801,000 | $822,000 | $997,000 |
| Income before taxes | $26.2M | $21.7M | $24.9M | $19.7M | $23.0M | $16.1M | $17.4M | $22.4M | $17.8M | $13.7M | $17.6M | $18.7M |
| Income taxes | $7.1M | $4.5M | $5.2M | $6.0M | $4.5M | $2.8M | $3.7M | $3.8M | $3.1M | $2.5M | $2.3M | $4.8M |
| Net income | $19.2M | $17.2M | $19.7M | $13.7M | $18.5M | $13.4M | $13.6M | $18.7M | $14.7M | $11.1M | $15.3M | $14.0M |
| EBITDA | $35.7M | $31.4M | $34.8M | $30.0M | $32.9M | $26.1M | $27.3M | $32.2M | $26.4M | $22.3M | $26.3M | $27.6M |
| EPS (diluted) | $0.74 | $0.62 | $0.62 | $0.60 | $0.57 | $0.44 | $0.53 | $0.63 | $0.54 | $0.47 | $0.47 | $0.54 |
| Gross margin | 41.5% | 38.5% | 38.7% | 38.6% | 39.1% | 36.5% | 37.9% | 37.6% | 35.9% | 35.2% | 32.9% | 35.2% |
| Operating margin | 18.5% | 15.1% | 16.5% | 14.7% | 17.4% | 12.8% | 16.0% | 16.9% | 14.8% | 12.3% | 13.1% | 16.6% |
| Net margin | 13.3% | 12.3% | 14.3% | 9.6% | 13.7% | 10.6% | 10.7% | 14.1% | 11.3% | 8.8% | 12.3% | 10.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CTS's financial statements (latest annual report filed February 24, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CTS financial results
In fiscal year 2025 (ended December 31, 2025), CTS reported revenue of $542.2 million, up 5.2% from the year before. It had net income of $65.3 million (up 12.4%), a net profit margin of 12.0%. Diluted earnings per share came to $2.23. Over five years revenue grew at an average rate of 5.0% a year.
See the CTS stock overview for the latest quote and news, or the CTS chart for price history and technical indicators.
CTS income statement FAQ
What is CTS's annual revenue?
CTS reported total revenue of $542.2 million for fiscal year 2025, which ended on December 31, 2025. That was up 5.2% from $515.5 million the previous year.
Is CTS profitable?
Yes. CTS reported net income of $65.3 million in fiscal 2025, a net profit margin of 12.0%; its operating margin was 15.6%.
What is CTS's gross margin?
CTS's gross margin was 38.5% in fiscal 2025: for every $100 of revenue, CTS kept $38 after the direct cost of its products and services.
How much does CTS spend on research and development?
CTS spent $25.3 million on research and development in fiscal 2025, 4.7% of revenue.
How fast is CTS growing?
Revenue grew 5.0% a year on average over the last five fiscal years, from $424.2 million to $542.2 million.
What are CTS's earnings per share?
CTS earned $2.23 per diluted share in fiscal 2025, compared with $2.17 a year earlier.
When will CTS report its next earnings?
CTS is expected to report results for the quarter ending September 30, 2026 on October 27, 2026 before the market opens.
When does CTS's fiscal year end?
CTS's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 24, 2026.