ESCO Technologies Inc. (ESE) Income Statement
ESE FY2025 at a glance
Fiscal year ended September 30, 2025 · U.S. dollarsESE revenue and net income
Where ESE's revenue goes
FY2025Each bar shows an amount and its share of revenue. ESE kept 27.3% of revenue as net income.
ESE profit margins
ESE growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +19.2% | +8.5% | +8.4% | +7.4% |
| Gross profit | +18.7% | +11.6% | +11.1% | +8.6% |
| Operating income | +17.3% | +16.0% | +13.8% | +10.6% |
| Net income | +193.7% | +53.8% | +24.7% | +21.5% |
| EPS (diluted) | +51.7% | +25.5% | +18.0% | +14.8% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ESE quarterly EPS vs estimates
ESCO Technologies beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: November 19, 2026 (estimate $2.59).
ESE income statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.10B | $919.1M | $855.8M | $857.5M | $715.4M | $730.5M | $726.0M | $683.6M | $685.7M | $571.5M |
| Cost of revenue | $634.3M | $530.6M | $502.7M | $525.5M | $445.0M | $458.3M | $438.0M | $419.7M | $436.9M | $350.8M |
| Gross profit | $461.1M | $388.6M | $353.1M | $332.0M | $270.4M | $272.2M | $288.0M | $263.9M | $248.8M | $220.7M |
| Research & development | $23.0M | $12.0M | $13.0M | $12.3M | $15.4M | $13.3M | $12.1M | $13.0M | $15.5M | $12.9M |
| Sales, general & admin | $234.6M | $224.0M | $217.1M | $195.1M | $167.5M | $159.5M | $172.1M | $153.1M | $148.4M | $131.5M |
| Total operating expenses | $288.0M | $241.0M | $232.4M | $221.1M | $188.4M | $272.2M | $181.2M | $170.3M | $164.8M | $143.1M |
| Operating income | $173.1M | $147.6M | $120.7M | $111.0M | $82.0M | $90.9M | $106.8M | $93.6M | $84.1M | $77.5M |
| Interest income | $17.5M | $15.2M | $8.8M | $4.9M | $2.3M | $6.7M | $11.1M | $8.7M | $4.6M | $1.3M |
| Interest expense | $17.5M | $15.2M | $8.8M | $4.9M | $2.3M | $6.7M | $8.1M | $8.8M | $4.6M | $1.3M |
| Income before taxes | $152.9M | $131.0M | $110.4M | $106.4M | $80.7M | $36.4M | $97.9M | $81.1M | $80.2M | $68.4M |
| Income taxes | $36.6M | $28.3M | $24.7M | $24.1M | $17.2M | $13.5M | $20.4M | −$5.2M | $26.4M | $22.5M |
| Net income | $299.2M | $101.9M | $92.5M | $82.3M | $63.5M | $99.4M | $81.0M | $92.1M | $53.7M | $45.9M |
| EBITDA | $245.4M | $198.4M | $166.8M | $159.6M | $125.0M | $84.5M | $142.0M | $123.6M | $117.0M | $93.3M |
| EPS (diluted) | $6.34 | $4.18 | $3.70 | $3.21 | $2.66 | $2.77 | $3.13 | $2.76 | $2.14 | $2.03 |
| Gross margin | 42.1% | 42.3% | 41.3% | 38.7% | 37.8% | 37.3% | 39.7% | 38.6% | 36.3% | 38.6% |
| Operating margin | 15.8% | 16.1% | 14.1% | 12.9% | 11.5% | 12.4% | 14.7% | 13.7% | 12.3% | 13.6% |
| Net margin | 27.3% | 11.1% | 10.8% | 9.6% | 8.9% | 13.6% | 11.2% | 13.5% | 7.8% | 8.0% |
| 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 | $339.0M | $309.3M | $289.7M | $352.7M | $296.3M | $265.5M | $214.6M | $298.5M | $233.6M | $249.1M | $218.3M | $272.6M |
| Cost of revenue | $197.5M | $178.0M | $169.7M | $203.2M | $174.3M | $156.3M | $124.2M | $178.8M | $135.4M | $152.3M | $134.2M | $164.4M |
| Gross profit | $141.5M | $131.3M | $119.9M | $149.4M | $122.0M | $109.2M | $90.4M | $119.7M | $98.2M | $96.8M | $84.2M | $108.2M |
| Research & development | — | — | — | — | — | — | — | $12.0M | — | — | — | $13.0M |
| Sales, general & admin | $71.0M | $62.8M | $61.2M | $63.3M | $62.0M | $58.2M | $58.8M | $60.0M | $55.0M | $55.1M | $54.0M | $56.6M |
| Total operating expenses | $100.6M | $83.2M | $81.5M | $83.9M | $78.8M | $66.2M | $63.0M | $68.2M | $59.2M | $63.7M | $61.8M | $108.2M |
| Operating income | $41.0M | $48.1M | $38.4M | $65.5M | $43.2M | $43.1M | $27.4M | $51.5M | $39.0M | $33.1M | $22.3M | $43.5M |
| Interest income | — | — | $2.9M | $5.1M | $7.9M | $2.2M | $2.3M | $6.0M | — | — | — | — |
| Interest expense | $8.7M | $2.4M | $2.9M | $5.1M | $7.9M | $2.2M | $2.3M | $6.0M | $3.3M | $3.2M | $2.7M | $2.3M |
| Income before taxes | $41.0M | $43.9M | $35.5M | $59.6M | $33.1M | $40.5M | $25.8M | $44.0M | $36.0M | $29.2M | $19.5M | $41.2M |
| Income taxes | $8.2M | $10.3M | $6.8M | $14.7M | $8.3M | $9.5M | $5.5M | $9.8M | $7.7M | $6.0M | $4.3M | $9.2M |
| Net income | $32.7M | $34.7M | $28.7M | $218.7M | $26.1M | $31.0M | $23.5M | $34.3M | $29.2M | $23.2M | $15.2M | $32.0M |
| EBITDA | $76.4M | $73.1M | $64.9M | $91.3M | $61.6M | $57.5M | $41.0M | $64.1M | $50.7M | $46.5M | $35.6M | $56.4M |
| EPS (diluted) | $2.20 | $1.91 | $1.64 | $2.32 | $1.60 | $1.35 | $1.07 | $1.46 | $1.16 | $0.94 | $0.62 | $1.25 |
| Gross margin | 41.7% | 42.4% | 41.4% | 42.4% | 41.2% | 41.1% | 42.1% | 40.1% | 42.0% | 38.8% | 38.6% | 39.7% |
| Operating margin | 12.1% | 15.5% | 13.3% | 18.6% | 14.6% | 16.2% | 12.8% | 17.3% | 16.7% | 13.3% | 10.2% | 16.0% |
| Net margin | 9.7% | 11.2% | 9.9% | 62.0% | 8.8% | 11.7% | 10.9% | 11.5% | 12.5% | 9.3% | 6.9% | 11.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in ESE's financial statements (latest annual report filed December 1, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ESE financial results
In fiscal year 2025 (ended September 30, 2025), ESCO Technologies reported revenue of $1.1 billion, up 19.2% from the year before. It had net income of $299.2 million (up 193.7%), a net profit margin of 27.3%. Diluted earnings per share came to $6.34. Over five years revenue grew at an average rate of 8.4% a year.
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ESE income statement FAQ
What is ESCO Technologies's annual revenue?
ESCO Technologies reported total revenue of $1.1 billion for fiscal year 2025, which ended on September 30, 2025. That was up 19.2% from $919.1 million the previous year.
Is ESCO Technologies profitable?
Yes. ESCO Technologies reported net income of $299.2 million in fiscal 2025, a net profit margin of 27.3%; its operating margin was 15.8%.
What is ESCO Technologies's gross margin?
ESCO Technologies's gross margin was 42.1% in fiscal 2025: for every $100 of revenue, ESCO Technologies kept $42 after the direct cost of its products and services.
How much does ESCO Technologies spend on research and development?
ESCO Technologies spent $23.0 million on research and development in fiscal 2025, 2.1% of revenue.
How fast is ESCO Technologies growing?
Revenue grew 8.4% a year on average over the last five fiscal years, from $730.5 million to $1.1 billion.
What are ESCO Technologies's earnings per share?
ESCO Technologies earned $6.34 per diluted share in fiscal 2025, compared with $4.18 a year earlier.
When will ESCO Technologies report its next earnings?
ESCO Technologies is expected to report results for the quarter ending September 30, 2026 on November 19, 2026 after the market closes.
When does ESCO Technologies's fiscal year end?
ESCO Technologies's fiscal year ends in September. The latest annual report covers the year ended September 30, 2025 and was filed on December 1, 2025.