The Elmet Group Co. (ELMT) Income Statement
ELMT 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsELMT revenue and net income
Where ELMT's revenue goes
2025Each bar shows an amount and its share of revenue. ELMT kept 2.2% of revenue as net income.
ELMT profit margins
ELMT growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +5.9% | — | — | — |
| Gross profit | −1.4% | — | — | — |
| Operating income | −15.0% | — | — | — |
| Net income | −62.9% | — | — | — |
| EPS (diluted) | −62.5% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ELMT quarterly EPS vs estimates
Elmet beat the analyst EPS estimate in 2 of the last 2 quarters. Next report: November 12, 2026 (estimate $0.15).
ELMT income statement
| 2025 | 2024 | |
|---|---|---|
| Revenue | $201.6M | $190.4M |
| Cost of revenue | $161.9M | $150.2M |
| Gross profit | $39.7M | $40.3M |
| Research & development | $3.4M | $3.7M |
| Sales, general & admin | $31.6M | $22.4M |
| Total operating expenses | $27.6M | $26.1M |
| Operating income | $12.1M | $14.2M |
| Interest expense | $4.4M | $4.8M |
| Income before taxes | $7.9M | $9.6M |
| Income taxes | −$45,000 | −$135,000 |
| Net income | $4.4M | $11.8M |
| EBITDA | $18.4M | $19.8M |
| EPS (diluted) | $0.15 | $0.40 |
| Gross margin | 19.7% | 21.2% |
| Operating margin | 6.0% | 7.5% |
| Net margin | 2.2% | 6.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | |
|---|---|---|---|---|---|---|---|
| Revenue | $66.4M | $56.0M | $55.0M | $51.1M | $49.1M | $46.4M | $46.9M |
| Cost of revenue | $49.8M | $44.5M | $43.8M | $40.0M | $39.0M | $38.1M | $37.8M |
| Gross profit | $16.6M | $11.5M | $11.2M | $11.1M | $10.1M | $8.3M | $9.1M |
| Research & development | $4.3M | $850,000 | $768,000 | $769,000 | $1.0M | $811,000 | $997,000 |
| Sales, general & admin | $19.9M | $9.1M | $20.5M | $6.9M | $5.9M | $4.9M | $5.7M |
| Total operating expenses | $24.2M | $9.7M | $21.2M | $7.7M | $45.9M | $5.4M | $6.7M |
| Operating income | −$7.6M | $1.9M | −$10.1M | $3.4M | $3.2M | $2.9M | $2.4M |
| Interest expense | $360,000 | $1.2M | $411,000 | $1.2M | $1.2M | $926,000 | $1.3M |
| Income before taxes | −$8.2M | $4.4M | −$9.6M | $2.3M | $2.1M | $1.9M | $1.4M |
| Income taxes | −$3.8M | $4.7M | −$1.5M | — | — | — | −$224,000 |
| Net income | −$4.5M | −$338,000 | −$6.6M | $2.4M | $1.2M | $1.2M | $5.5M |
| EBITDA | −$6.0M | $7.5M | −$9.1M | $5.4M | $4.9M | $4.4M | $3.8M |
| EPS (diluted) | $0.18 | $0.23 | — | — | — | — | — |
| Gross margin | 25.0% | 20.6% | 20.3% | 21.7% | 20.7% | 17.9% | 19.3% |
| Operating margin | −11.5% | 3.3% | −18.3% | 6.7% | 6.6% | 6.3% | 5.0% |
| Net margin | −6.8% | −0.6% | −12.0% | 4.7% | 2.5% | 2.6% | 11.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in ELMT's financial statements (latest annual report filed December 31, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ELMT financial results
In fiscal year 2025 (ended December 31, 2025), Elmet reported revenue of $201.6 million, up 5.9% from the year before. It had net income of $4.4 million (down 62.9%), a net profit margin of 2.2%. Diluted earnings per share came to $0.15.
See the ELMT stock overview for the latest quote and news, or the ELMT chart for price history and technical indicators.
ELMT income statement FAQ
What is Elmet's annual revenue?
Elmet reported total revenue of $201.6 million for fiscal year 2025, which ended on December 31, 2025. That was up 5.9% from $190.4 million the previous year.
Is Elmet profitable?
Yes. Elmet reported net income of $4.4 million in fiscal 2025, a net profit margin of 2.2%; its operating margin was 6.0%.
What is Elmet's gross margin?
Elmet's gross margin was 19.7% in fiscal 2025: for every $100 of revenue, Elmet kept $20 after the direct cost of its products and services.
How much does Elmet spend on research and development?
Elmet spent $3.4 million on research and development in fiscal 2025, 1.7% of revenue.
What are Elmet's earnings per share?
Elmet earned $0.15 per diluted share in fiscal 2025, compared with $0.40 a year earlier.
When will Elmet report its next earnings?
Elmet is expected to report results for the quarter ending September 30, 2026 on November 12, 2026.
When does Elmet's fiscal year end?
Elmet's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on December 31, 2025.