Gencor Industries, Inc. (GENC) Income Statement
GENC FY2025 at a glance
Fiscal year ended September 30, 2025 · U.S. dollarsGENC revenue and net income
Where GENC's revenue goes
FY2025Each bar shows an amount and its share of revenue. GENC kept 13.6% of revenue as net income.
GENC profit margins
GENC growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +2.0% | +3.7% | +8.3% | +11.4% |
| Gross profit | +1.2% | +15.6% | +10.8% | +15.5% |
| Operating income | +2.4% | +49.8% | +20.4% | — |
| Net income | +7.6% | — | +23.1% | — |
| EPS (diluted) | −33.3% | — | +11.7% | +29.4% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
GENC quarterly EPS vs estimates
Gencor Industries beat the analyst EPS estimate in 4 of the last 4 quarters. Next report: December 8, 2026.
GENC income statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $115.4M | $113.2M | $105.1M | $103.5M | $85.3M | $77.4M | $81.3M | $98.6M | $80.6M | $70.0M |
| Cost of revenue | $83.7M | $81.8M | $76.0M | $82.9M | $67.1M | $58.5M | $58.9M | $72.0M | $59.4M | $52.5M |
| Gross profit | $31.7M | $31.3M | $29.0M | $20.5M | $18.2M | $19.0M | $22.4M | $26.6M | $21.2M | $17.5M |
| Research & development | $2.8M | $3.3M | $3.5M | $4.3M | $4.3M | $3.1M | $3.3M | $2.9M | $2.1M | $1.6M |
| Sales, general & admin | $14.9M | $14.3M | $12.2M | $12.1M | $13.2M | $10.4M | $9.6M | $10.0M | $8.8M | $8.1M |
| Total operating expenses | $17.7M | $99.5M | $15.6M | $16.4M | $17.5M | $13.4M | $12.9M | $12.9M | $10.9M | $9.7M |
| Operating income | $14.0M | $13.7M | $13.4M | $4.2M | $701,000 | $5.5M | $9.5M | $13.7M | $10.2M | $7.8M |
| Interest income | $4.4M | $3.4M | $2.1M | $1.3M | $1.8M | $2.3M | $2.3M | $1.5M | $650,000 | $754,000 |
| Interest expense | — | — | — | $10.0M | $12.7M | $1.6M | $4.4M | $1.5M | $650,000 | $754,000 |
| Income before taxes | $20.2M | $20.7M | $18.8M | −$1.7M | $6.6M | $6.7M | $12.8M | $14.9M | $12.2M | $9.4M |
| Income taxes | $4.5M | — | $4.1M | −$1.3M | $829,000 | $1.1M | $2.6M | $2.3M | $3.8M | $2.4M |
| Net income | $15.7M | $14.6M | $14.7M | −$372,000 | $5.8M | $5.5M | $10.2M | $12.6M | $8.4M | $7.0M |
| EBITDA | $22.6M | $16.3M | $21.6M | $1.1M | $9.2M | $7.2M | $11.1M | $15.3M | $11.4M | $9.2M |
| EPS (diluted) | $0.66 | $0.99 | $1.00 | −$0.03 | $0.40 | $0.38 | $1.39 | $0.80 | $0.71 | $0.46 |
| Gross margin | 27.5% | 27.7% | 27.6% | 19.9% | 21.3% | 24.5% | 27.6% | 27.0% | 26.2% | 25.0% |
| Operating margin | 12.1% | 12.1% | 12.8% | 4.0% | 0.8% | 7.2% | 11.6% | 13.9% | 12.7% | 11.2% |
| Net margin | 13.6% | 12.9% | 14.0% | −0.4% | 6.8% | 7.1% | 12.5% | 12.7% | 10.4% | 10.1% |
| 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 | $33.8M | $33.8M | $23.6M | $18.8M | $27.0M | $20.9M | $31.4M | $20.9M | $25.6M | $40.7M | $26.0M | $20.9M |
| Cost of revenue | $24.4M | $23.1M | $16.8M | $14.3M | $19.8M | $15.6M | $22.7M | $15.6M | $19.4M | $28.4M | $18.5M | $14.3M |
| Gross profit | $9.4M | $10.7M | $6.8M | $4.5M | $7.1M | $5.4M | $8.7M | $5.4M | $6.1M | $12.3M | $7.5M | $6.6M |
| Research & development | $680,000 | $629,000 | $758,000 | $659,000 | $741,000 | $795,000 | $677,000 | $795,000 | $824,000 | $893,000 | $801,000 | $842,000 |
| Sales, general & admin | $3.0M | $5.8M | $2.9M | $4.1M | $3.3M | $4.2M | $3.4M | $3.3M | $3.3M | $4.4M | $3.4M | $3.1M |
| Total operating expenses | $3.6M | $6.5M | $3.7M | $4.8M | $4.0M | $4.1M | $26.8M | $19.7M | $4.1M | $5.2M | $4.2M | $3.9M |
| Operating income | $5.8M | $4.2M | $3.1M | −$223,000 | $3.1M | $1.2M | $4.6M | $1.2M | $2.0M | $7.1M | $3.4M | $2.7M |
| Interest income | $1.2M | $1.1M | $1.2M | $1.1M | $1.1M | $1.2M | $989,000 | $950,000 | $966,000 | $803,000 | $716,000 | $377,000 |
| Interest expense | — | — | — | — | — | — | — | — | — | — | — | $6.4M |
| Income before taxes | $7.2M | $5.2M | $4.7M | $1.6M | $5.2M | $3.7M | $5.2M | $3.7M | $3.3M | $8.1M | $5.6M | $3.6M |
| Income taxes | $1.5M | $1.3M | $1.2M | −$289,000 | $1.3M | $2.3M | — | — | $764,000 | $1.9M | $1.3M | $507,000 |
| Net income | $5.7M | $3.8M | $3.4M | $1.9M | $3.8M | $1.5M | $3.8M | $1.5M | $2.6M | $6.2M | $4.3M | $3.1M |
| EBITDA | $6.3M | $4.8M | $3.6M | $2.2M | $5.7M | $4.3M | — | — | $4.0M | $8.7M | $6.3M | $4.4M |
| EPS (diluted) | $0.39 | $0.41 | $0.23 | $0.13 | $0.26 | $0.10 | $0.17 | $0.10 | $0.17 | $0.42 | $0.30 | $0.21 |
| Gross margin | 27.9% | 31.7% | 28.7% | 24.2% | 26.5% | 25.6% | 27.6% | 25.6% | 23.9% | 30.3% | 29.0% | 31.7% |
| Operating margin | 17.2% | 12.5% | 13.2% | −1.2% | 11.6% | 5.9% | 14.7% | 5.9% | 7.8% | 17.4% | 13.0% | 12.9% |
| Net margin | 16.8% | 11.4% | 14.6% | 10.2% | 14.2% | 6.9% | 12.1% | 6.9% | 10.0% | 15.3% | 16.6% | 14.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in GENC's financial statements (latest annual report filed December 9, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
GENC financial results
In fiscal year 2025 (ended September 30, 2025), Gencor Industries reported revenue of $115.4 million, up 2.0% from the year before. It had net income of $15.7 million (up 7.6%), a net profit margin of 13.6%. Diluted earnings per share came to $0.66. Over five years revenue grew at an average rate of 8.3% a year.
See the GENC stock overview for the latest quote and news, or the GENC chart for price history and technical indicators.
GENC income statement FAQ
What is Gencor Industries's annual revenue?
Gencor Industries reported total revenue of $115.4 million for fiscal year 2025, which ended on September 30, 2025. That was up 2.0% from $113.2 million the previous year.
Is Gencor Industries profitable?
Yes. Gencor Industries reported net income of $15.7 million in fiscal 2025, a net profit margin of 13.6%; its operating margin was 12.1%.
What is Gencor Industries's gross margin?
Gencor Industries's gross margin was 27.5% in fiscal 2025: for every $100 of revenue, Gencor Industries kept $27 after the direct cost of its products and services.
How much does Gencor Industries spend on research and development?
Gencor Industries spent $2.8 million on research and development in fiscal 2025, 2.4% of revenue.
How fast is Gencor Industries growing?
Revenue grew 8.3% a year on average over the last five fiscal years, from $77.4 million to $115.4 million.
What are Gencor Industries's earnings per share?
Gencor Industries earned $0.66 per diluted share in fiscal 2025, compared with $0.99 a year earlier.
When will Gencor Industries report its next earnings?
Gencor Industries is expected to report results for the quarter ending September 30, 2026 on December 8, 2026.
When does Gencor Industries's fiscal year end?
Gencor Industries's fiscal year ends in September. The latest annual report covers the year ended September 30, 2025 and was filed on December 9, 2025.