Energizer Holdings, Inc. (ENR) Income Statement
ENR FY2025 at a glance
Fiscal year ended September 30, 2025 · U.S. dollarsENR revenue and net income
Where ENR's revenue goes
FY2025Each bar shows an amount and its share of revenue. ENR kept 8.1% of revenue as net income.
ENR profit margins
ENR growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +2.3% | −1.1% | +1.5% | +6.1% |
| Gross profit | +11.6% | +3.3% | +2.6% | +5.0% |
| Operating income | +32.7% | +4.4% | +4.9% | +10.2% |
| Net income | +527.3% | — | — | — |
| EPS (diluted) | +6.0% | +4.4% | +8.8% | −1.2% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ENR quarterly EPS vs estimates
Energizer beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: November 17, 2026 (estimate $1.31).
ENR income statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.95B | $2.89B | $2.96B | $3.05B | $3.02B | $2.74B | $2.49B | $1.80B | $1.76B | $1.63B |
| Cost of revenue | $1.72B | $1.78B | $1.84B | $1.93B | $1.86B | $1.66B | $1.49B | $966.8M | $944.4M | $921.8M |
| Gross profit | $1.23B | $1.10B | $1.12B | $1.12B | $1.16B | $1.08B | $1.00B | $830.9M | $811.3M | $712.4M |
| Research & development | $32.6M | $31.6M | $32.9M | $34.7M | $34.5M | $35.4M | $32.8M | $22.4M | $22.0M | $26.6M |
| Sales, general & admin | $684.1M | $670.0M | $631.7M | $621.6M | $649.3M | $630.4M | $643.0M | $534.6M | $477.4M | $463.8M |
| Total operating expenses | $775.4M | $759.8M | $724.0M | $717.4M | $745.0M | $722.3M | $719.0M | $568.5M | $510.6M | $493.2M |
| Operating income | $457.3M | $344.5M | $400.0M | $402.1M | $416.4M | $359.6M | $284.8M | $262.4M | $300.7M | $219.2M |
| Interest income | $3.2M | $10.7M | $8.9M | $1.0M | $700,000 | $600,000 | $13.5M | $6.6M | — | — |
| Interest expense | $154.3M | $155.7M | $168.7M | $158.4M | $161.8M | $195.0M | $226.0M | $97.5M | $53.1M | $54.3M |
| Income before taxes | $284.1M | $53.8M | $175.7M | −$305.5M | $154.2M | $67.7M | $73.1M | $175.2M | $273.3M | $165.7M |
| Income taxes | $45.1M | $15.7M | $35.2M | −$74.0M | −$6.7M | $20.9M | $8.4M | $81.7M | $71.8M | $38.0M |
| Net income | $239.0M | $38.1M | $140.5M | −$231.5M | $160.9M | −$93.3M | $51.1M | $93.5M | $201.5M | $127.7M |
| EBITDA | $565.1M | $330.0M | $467.1M | −$25.5M | $434.5M | $374.6M | $391.9M | $318.7M | $376.6M | $254.3M |
| EPS (diluted) | $3.52 | $3.32 | $3.10 | $3.09 | $3.47 | $2.31 | $3.14 | $3.37 | $2.98 | $2.32 |
| Gross margin | 41.7% | 38.3% | 38.0% | 36.7% | 38.4% | 39.4% | 40.2% | 46.2% | 46.2% | 43.6% |
| Operating margin | 15.5% | 11.9% | 13.5% | 13.2% | 13.8% | 13.1% | 11.4% | 14.6% | 17.1% | 13.4% |
| Net margin | 8.1% | 1.3% | 4.7% | −7.6% | 5.3% | −3.4% | 2.0% | 5.2% | 11.5% | 7.8% |
| 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 | $734.1M | $643.3M | $778.9M | $832.8M | $725.3M | $662.9M | $731.7M | $805.7M | $701.4M | $663.3M | $716.6M | $811.1M |
| Cost of revenue | $453.5M | $384.5M | $522.3M | $528.4M | $325.6M | $403.9M | $462.1M | $498.9M | $424.2M | $410.0M | $449.6M | $503.8M |
| Gross profit | $280.6M | $258.8M | $256.6M | $304.4M | $399.7M | $259.0M | $269.6M | $306.8M | $277.2M | $253.3M | $267.0M | $307.3M |
| Research & development | $7.4M | $7.6M | $7.8M | $8.3M | $8.2M | $8.1M | $8.0M | $8.5M | $7.4M | $7.9M | $7.8M | $8.5M |
| Sales, general & admin | $171.0M | $152.1M | $198.5M | $170.9M | $171.7M | $156.8M | $184.7M | $183.5M | $167.5M | $143.9M | $176.1M | $170.2M |
| Total operating expenses | $190.9M | $172.2M | $220.3M | $193.8M | $194.6M | $179.6M | $207.4M | $206.7M | $189.4M | $166.3M | $198.4M | $307.3M |
| Operating income | $89.7M | $86.6M | $36.3M | $110.6M | $205.1M | $79.4M | $62.2M | $100.1M | $87.8M | $87.0M | $68.6M | $156.0M |
| Interest income | $1.1M | $2.5M | $700,000 | $1.2M | $200,000 | $600,000 | $1.2M | $1.3M | $1.4M | $2.4M | $5.6M | $7.2M |
| Interest expense | $41.9M | $42.8M | $39.1M | $40.3M | $39.0M | $38.0M | $37.0M | $37.8M | $38.5M | $38.7M | $40.7M | $41.6M |
| Income before taxes | $49.8M | $21.7M | −$4.8M | $53.4M | $164.2M | $36.4M | $30.1M | $59.5M | −$57.5M | $42.4M | $9.4M | $22.6M |
| Income taxes | $9.9M | $11.6M | −$1.4M | $18.5M | $10.7M | $8.1M | $7.8M | $11.9M | −$13.7M | $10.0M | $7.5M | $2.9M |
| Net income | $39.9M | $10.1M | −$3.4M | $34.9M | $153.5M | $28.3M | $22.3M | $47.6M | −$43.8M | $32.4M | $1.9M | $19.7M |
| EBITDA | $121.6M | $92.1M | $65.9M | $125.8M | $235.1M | $105.3M | $98.9M | $128.2M | $11.7M | $110.0M | $80.1M | $93.9M |
| EPS (diluted) | $0.75 | $0.94 | $0.31 | $1.05 | $1.13 | $0.67 | $0.67 | $1.22 | $0.79 | $0.72 | $0.59 | $1.20 |
| Gross margin | 38.2% | 40.2% | 32.9% | 36.6% | 55.1% | 39.1% | 36.8% | 38.1% | 39.5% | 38.2% | 37.3% | 37.9% |
| Operating margin | 12.2% | 13.5% | 4.7% | 13.3% | 28.3% | 12.0% | 8.5% | 12.4% | 12.5% | 13.1% | 9.6% | 19.2% |
| Net margin | 5.4% | 1.6% | −0.4% | 4.2% | 21.2% | 4.3% | 3.0% | 5.9% | −6.2% | 4.9% | 0.3% | 2.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in ENR's financial statements (latest annual report filed November 18, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ENR financial results
In fiscal year 2025 (ended September 30, 2025), Energizer reported revenue of $3.0 billion, up 2.3% from the year before. It had net income of $239.0 million (up 527.3%), a net profit margin of 8.1%. Diluted earnings per share came to $3.52. Over five years revenue grew at an average rate of 1.5% a year.
See the ENR stock overview for the latest quote and news, or the ENR chart for price history and technical indicators.
ENR income statement FAQ
What is Energizer's annual revenue?
Energizer reported total revenue of $3.0 billion for fiscal year 2025, which ended on September 30, 2025. That was up 2.3% from $2.9 billion the previous year.
Is Energizer profitable?
Yes. Energizer reported net income of $239.0 million in fiscal 2025, a net profit margin of 8.1%; its operating margin was 15.5%.
What is Energizer's gross margin?
Energizer's gross margin was 41.7% in fiscal 2025: for every $100 of revenue, Energizer kept $42 after the direct cost of its products and services.
How much does Energizer spend on research and development?
Energizer spent $32.6 million on research and development in fiscal 2025, 1.1% of revenue.
How fast is Energizer growing?
Revenue grew 1.5% a year on average over the last five fiscal years, from $2.7 billion to $3.0 billion.
What are Energizer's earnings per share?
Energizer earned $3.52 per diluted share in fiscal 2025, compared with $3.32 a year earlier.
When will Energizer report its next earnings?
Energizer is expected to report results for the quarter ending September 30, 2026 on November 17, 2026 before the market opens.
When does Energizer's fiscal year end?
Energizer's fiscal year ends in September. The latest annual report covers the year ended September 30, 2025 and was filed on November 18, 2025.