The Eastern Company (EML) Income Statement
EML 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsEML revenue and net income
Where EML's revenue goes
2025Each bar shows an amount and its share of revenue. EML kept 2.1% of revenue as net income.
EML profit margins
EML growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −8.7% | −3.8% | +4.7% | +5.6% |
| Gross profit | −16.2% | −1.3% | +3.2% | +5.1% |
| Operating income | −49.9% | −10.7% | −5.6% | +2.3% |
| Net income | — | −25.4% | −1.1% | −1.1% |
| EPS (diluted) | — | −6.4% | +11.8% | +5.1% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
EML quarterly EPS vs estimates
Eastern beat the analyst EPS estimate in 1 of the last 3 quarters. Next report: November 3, 2026.
EML income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $249.0M | $272.8M | $258.9M | $279.3M | $246.5M | $197.6M | $251.7M | $234.3M | $204.2M | $137.6M |
| Cost of revenue | $192.6M | $205.5M | $197.1M | $220.6M | $189.8M | $149.5M | $189.9M | $175.6M | $154.4M | $101.3M |
| Gross profit | $56.4M | $67.3M | $61.8M | $58.6M | $56.8M | $48.1M | $61.9M | $58.7M | $49.9M | $36.3M |
| Research & development | $4.1M | $4.9M | $5.6M | $4.2M | $4.1M | $2.7M | $6.0M | $7.0M | $5.6M | $2.6M |
| Sales, general & admin | $42.2M | $42.2M | $42.3M | $39.5M | $35.2M | $35.4M | $35.75B | $33.95B | $5.6M | $514,968 |
| Total operating expenses | $46.3M | $47.1M | $44.7M | $44.4M | $39.3M | $34.6M | $44.4M | $40.9M | $37.8M | $25.2M |
| Operating income | $10.1M | $20.1M | $17.0M | $14.2M | $17.4M | $13.5M | $17.5M | $17.9M | $12.1M | $11.1M |
| Interest income | — | — | — | — | — | — | — | — | — | $121,500 |
| Interest expense | $2.7M | $2.7M | $2.8M | $2.3M | $1.7M | $2.1M | $1.9M | $1.2M | $976,512 | $121,500 |
| Income before taxes | $7.5M | $17.1M | $15.1M | $14.4M | $19.1M | $13.2M | $16.2M | $17.6M | $11.5M | $11.2M |
| Income taxes | $1.5M | $25.6M | $3.3M | $3.4M | $2.9M | $2.2M | $2.9M | $3.1M | $6.4M | $3.4M |
| Net income | $5.1M | −$8.5M | $8.6M | $12.3M | $9.3M | $5.4M | $13.3M | $14.5M | $5.0M | $7.8M |
| EBITDA | $13.9M | $20.1M | $23.3M | $23.9M | $28.1M | $22.1M | $24.5M | $24.1M | $17.2M | $15.2M |
| EPS (diluted) | $1.50 | −$1.37 | $1.55 | $1.83 | $2.66 | $0.86 | $2.11 | $2.22 | $1.45 | $1.28 |
| Gross margin | 22.6% | 24.7% | 23.9% | 21.0% | 23.0% | 24.3% | 24.6% | 25.1% | 24.4% | 26.4% |
| Operating margin | 4.1% | 7.4% | 6.6% | 5.1% | 7.1% | 6.8% | 6.9% | 7.6% | 5.9% | 8.1% |
| Net margin | 2.1% | −3.1% | 3.3% | 4.4% | 3.8% | 2.7% | 5.3% | 6.2% | 2.5% | 5.7% |
| 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 | $61.8M | $59.7M | $57.5M | $55.3M | $70.2M | $63.3M | $66.7M | $71.3M | $72.6M | $64.6M | $67.0M | $65.6M |
| Cost of revenue | $49.1M | $47.9M | $45.3M | $43.1M | $53.7M | $48.8M | $51.3M | $53.1M | $54.1M | $49.2M | $49.1M | $49.3M |
| Gross profit | $12.8M | $11.7M | $12.3M | $12.2M | $16.5M | $14.5M | $15.4M | $18.2M | $18.5M | $15.5M | $17.9M | $16.4M |
| Research & development | $1.0M | $1.0M | $927,801 | $995,771 | $1.0M | $1.1M | $1.1M | $1.1M | $1.3M | $1.4M | $1.3M | $1.4M |
| Sales, general & admin | $10.1M | $9.6M | $10.0M | $9.6M | $12.2M | $9.8M | $11.2M | $10.3M | $11.5M | $11.5M | $11.3M | $9.7M |
| Total operating expenses | $11.1M | $10.6M | $11.0M | $10.6M | $13.2M | $11.0M | $12.4M | $11.4M | $12.4M | $12.0M | $12.6M | $11.1M |
| Operating income | $1.7M | $1.1M | $1.3M | $1.6M | $3.3M | $3.5M | $3.0M | $6.8M | $6.0M | $3.4M | $5.3M | $5.2M |
| Interest expense | $581,318 | $527,513 | $665,238 | $688,425 | $636,287 | $617,470 | $671,663 | $709,680 | $746,941 | $676,028 | $931,708 | $1.1M |
| Income before taxes | $7.5M | $810,394 | $1.3M | $876,648 | $2.6M | $2.4M | $2.1M | $6.0M | $5.2M | $2.7M | $4.2M | $4.0M |
| Income taxes | $1.9M | $170,264 | $99,931 | $297,712 | $546,383 | $507,179 | $523,307 | $1.3M | $1.2M | $608,629 | $728,242 | $984,289 |
| Net income | $5.6M | $640,130 | $1.2M | $578,936 | $1.4M | $1.9M | $1.3M | −$15.3M | $3.5M | $1.9M | $3.5M | $3.1M |
| EBITDA | $9.6M | $3.7M | $2.0M | $3.9M | $4.9M | $8.3M | $4.4M | $7.2M | $7.9M | $5.3M | $7.2M | $7.0M |
| EPS (diluted) | $0.15 | $0.11 | $0.19 | $0.10 | $0.89 | $0.32 | $0.21 | −$2.46 | $0.56 | $0.31 | $0.56 | $0.49 |
| Gross margin | 20.6% | 19.7% | 21.3% | 22.1% | 23.5% | 22.9% | 23.0% | 25.5% | 25.4% | 23.9% | 26.8% | 24.9% |
| Operating margin | 2.7% | 1.9% | 2.3% | 2.9% | 4.7% | 5.6% | 4.5% | 9.5% | 8.3% | 5.3% | 8.0% | 8.0% |
| Net margin | 9.1% | 1.1% | 2.0% | 1.0% | 2.0% | 3.1% | 2.0% | −21.5% | 4.8% | 3.0% | 5.2% | 4.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in EML's financial statements (latest annual report filed March 3, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
EML financial results
In fiscal year 2025 (ended December 31, 2025), Eastern reported revenue of $249.0 million, down 8.7% from the year before. It had net income of $5.1 million, a net profit margin of 2.1%. Diluted earnings per share came to $1.50. Over five years revenue grew at an average rate of 4.7% a year.
See the EML stock overview for the latest quote and news, or the EML chart for price history and technical indicators.
EML income statement FAQ
What is Eastern's annual revenue?
Eastern reported total revenue of $249.0 million for fiscal year 2025, which ended on December 31, 2025. That was down 8.7% from $272.8 million the previous year.
Is Eastern profitable?
Yes. Eastern reported net income of $5.1 million in fiscal 2025, a net profit margin of 2.1%; its operating margin was 4.1%.
What is Eastern's gross margin?
Eastern's gross margin was 22.6% in fiscal 2025: for every $100 of revenue, Eastern kept $23 after the direct cost of its products and services.
How much does Eastern spend on research and development?
Eastern spent $4.1 million on research and development in fiscal 2025, 1.6% of revenue.
How fast is Eastern growing?
Revenue grew 4.7% a year on average over the last five fiscal years, from $197.6 million to $249.0 million.
What are Eastern's earnings per share?
Eastern earned $1.50 per diluted share in fiscal 2025, compared with $-1.37 a year earlier.
When will Eastern report its next earnings?
Eastern is expected to report results for the quarter ending September 30, 2026 on November 3, 2026.
When does Eastern's fiscal year end?
Eastern's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 3, 2026.