Eagle Materials Inc. (EXP) Income Statement
EXP FY2026 at a glance
Fiscal year ended March 31, 2026 · U.S. dollarsEXP revenue and net income
Where EXP's revenue goes
FY2026Each bar shows an amount and its share of revenue. EXP kept 18.4% of revenue as net income.
EXP profit margins
EXP growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +2.1% | +2.4% | +7.3% | +7.3% |
| Gross profit | −3.1% | +0.7% | +9.8% | +10.9% |
| Operating income | −6.4% | −1.4% | +9.3% | +9.4% |
| Net income | −8.5% | −2.8% | +4.5% | +10.8% |
| EPS (diluted) | −5.7% | +1.7% | +12.2% | +15.7% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
EXP quarterly EPS vs estimates
Eagle Materials beat the analyst EPS estimate in 3 of the last 8 quarters. Next report: October 29, 2026 (estimate $4.07).
EXP income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.31B | $2.26B | $2.26B | $2.15B | $1.86B | $1.62B | $1.45B | $1.39B | $1.39B | $1.21B |
| Cost of revenue | $1.66B | $1.59B | $1.57B | $1.51B | $1.34B | $1.21B | $1.12B | $1.07B | $1.05B | $899.2M |
| Gross profit | $652.5M | $673.1M | $685.3M | $639.3M | $519.6M | $408.4M | $331.3M | $326.6M | $338.8M | $312.0M |
| Research & development | — | — | — | — | — | — | — | — | $0 | $0 |
| Sales, general & admin | $89.2M | $73.9M | $59.8M | $53.6M | $46.8M | $49.5M | $65.4M | $37.4M | $41.2M | $33.9M |
| Total operating expenses | $91.7M | $73.9M | $59.8M | $53.6M | $46.8M | $49.5M | $65.4M | $37.4M | $41.2M | $31.8M |
| Operating income | $560.9M | $599.2M | $625.5M | $585.6M | $472.8M | $358.8M | $277.3M | $289.2M | $297.6M | $263.2M |
| Interest income | $6.2M | $1.7M | $1.0M | $421,000 | $39,000 | $66,000 | $34,000 | $123,000 | $14,000 | $40,000 |
| Interest expense | $59.0M | $42.2M | $43.3M | $35.6M | $30.9M | $44.4M | $38.4M | $28.4M | $27.6M | $22.6M |
| Income before taxes | $542.0M | $591.5M | $617.9M | $588.6M | $475.1M | $424.1M | $45.7M | $79.7M | $272.0M | $294.5M |
| Income taxes | $118.2M | $128.1M | $140.3M | $127.1M | $100.8M | $89.9M | −$25.2M | $10.9M | $15.3M | $96.3M |
| Net income | $423.8M | $463.4M | $477.6M | $461.5M | $374.2M | $339.4M | $70.9M | $68.9M | $256.6M | $198.2M |
| EBITDA | $764.2M | $792.6M | $811.1M | $762.7M | $634.8M | $597.7M | $407.7M | $230.8M | $413.6M | $409.0M |
| EPS (diluted) | $13.12 | $13.92 | $13.77 | $12.46 | $9.41 | $7.38 | $5.64 | $5.18 | $5.34 | $4.23 |
| Gross margin | 28.3% | 29.8% | 30.3% | 29.8% | 27.9% | 25.2% | 22.8% | 23.4% | 24.4% | 25.8% |
| Operating margin | 24.3% | 26.5% | 27.7% | 27.3% | 25.4% | 22.1% | 19.1% | 20.8% | 21.5% | 21.7% |
| Net margin | 18.4% | 20.5% | 21.1% | 21.5% | 20.1% | 20.9% | 4.9% | 4.9% | 18.5% | 16.4% |
| 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 | $651.0M | $479.1M | $556.0M | $638.9M | $634.7M | $470.2M | $558.0M | $623.6M | $608.7M | $476.7M | $558.8M | $622.2M |
| Cost of revenue | $489.7M | $372.8M | $395.1M | $439.2M | $449.1M | $365.6M | $380.2M | $419.8M | $421.8M | $357.0M | $378.2M | $413.2M |
| Gross profit | $161.2M | $106.3M | $160.9M | $199.7M | $185.6M | $104.6M | $177.8M | $203.8M | $186.9M | $119.7M | $180.6M | $209.0M |
| Sales, general & admin | $20.2M | $23.1M | $24.0M | $21.3M | $20.8M | $19.6M | $20.8M | $17.9M | $15.6M | $17.3M | $14.2M | $16.6M |
| Total operating expenses | $20.2M | $25.5M | $24.0M | $21.3M | $20.8M | $19.6M | $20.8M | $17.9M | $15.6M | $17.3M | $14.2M | $16.6M |
| Operating income | $141.0M | $80.8M | $136.9M | $178.4M | $164.8M | $85.0M | $157.0M | $186.0M | $171.2M | $102.3M | $166.4M | $192.4M |
| Interest income | $2.0M | $4.1M | $1.6M | $363,000 | $151,000 | $755,000 | $223,000 | $558,000 | $182,000 | $520,000 | $150,000 | $215,000 |
| Interest expense | $15.0M | $461,000 | $15.3M | $32.9M | $11.9M | $10.8M | $9.3M | $11.3M | $10.9M | $10.2M | $10.3M | $10.4M |
| Income before taxes | $131.7M | $78.4M | $129.2M | $176.5M | $157.9M | $81.0M | $154.3M | $185.3M | $170.9M | $101.7M | $166.6M | $194.2M |
| Income taxes | $29.6M | $18.2M | $26.3M | $39.1M | $34.5M | $14.5M | $34.7M | $41.7M | $37.1M | $24.6M | $37.5M | $43.6M |
| Net income | $102.1M | $60.2M | $102.9M | $137.4M | $123.4M | $66.5M | $119.6M | $143.5M | $133.8M | $77.1M | $129.1M | $150.6M |
| EBITDA | $187.8M | $117.8M | $184.6M | $251.4M | $210.4M | $134.1M | $202.8M | $235.6M | $220.2M | $150.4M | $214.3M | $241.8M |
| EPS (diluted) | $3.29 | $1.91 | $3.22 | $4.23 | $3.76 | $2.08 | $3.59 | $4.31 | $3.94 | $2.24 | $3.72 | $4.26 |
| Gross margin | 24.8% | 22.2% | 28.9% | 31.3% | 29.2% | 22.2% | 31.9% | 32.7% | 30.7% | 25.1% | 32.3% | 33.6% |
| Operating margin | 21.7% | 16.9% | 24.6% | 27.9% | 26.0% | 18.1% | 28.1% | 29.8% | 28.1% | 21.5% | 29.8% | 30.9% |
| Net margin | 15.7% | 12.6% | 18.5% | 21.5% | 19.4% | 14.1% | 21.4% | 23.0% | 22.0% | 16.2% | 23.1% | 24.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in EXP's financial statements (latest annual report filed May 19, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
EXP financial results
In fiscal year 2026 (ended March 31, 2026), Eagle Materials reported revenue of $2.3 billion, up 2.1% from the year before. It had net income of $423.8 million (down 8.5%), a net profit margin of 18.4%. Diluted earnings per share came to $13.12. Over five years revenue grew at an average rate of 7.3% a year.
See the EXP stock overview for the latest quote and news, or the EXP chart for price history and technical indicators.
EXP income statement FAQ
What is Eagle Materials's annual revenue?
Eagle Materials reported total revenue of $2.3 billion for fiscal year 2026, which ended on March 31, 2026. That was up 2.1% from $2.3 billion the previous year.
Is Eagle Materials profitable?
Yes. Eagle Materials reported net income of $423.8 million in fiscal 2026, a net profit margin of 18.4%; its operating margin was 24.3%.
What is Eagle Materials's gross margin?
Eagle Materials's gross margin was 28.3% in fiscal 2026: for every $100 of revenue, Eagle Materials kept $28 after the direct cost of its products and services.
How fast is Eagle Materials growing?
Revenue grew 7.3% a year on average over the last five fiscal years, from $1.6 billion to $2.3 billion.
What are Eagle Materials's earnings per share?
Eagle Materials earned $13.12 per diluted share in fiscal 2026, compared with $13.92 a year earlier.
When will Eagle Materials report its next earnings?
Eagle Materials is expected to report results for the quarter ending September 30, 2026 on October 29, 2026 before the market opens.
When does Eagle Materials's fiscal year end?
Eagle Materials's fiscal year ends in March. The latest annual report covers the year ended March 31, 2026 and was filed on May 19, 2026.