Griffon Corporation (GFF) Income Statement
GFF FY2025 at a glance
Fiscal year ended September 30, 2025 · U.S. dollarsGFF revenue and net income
Where GFF's revenue goes
FY2025Each bar shows an amount and its share of revenue. GFF kept 2.0% of revenue as net income.
GFF profit margins
GFF growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −3.9% | −4.0% | +4.0% | +2.3% |
| Gross profit | +3.7% | +3.6% | +12.5% | +8.3% |
| Operating income | −48.2% | — | +8.1% | +7.4% |
| Net income | −75.6% | — | −0.9% | +4.1% |
| EPS (diluted) | +10.3% | +11.5% | +28.4% | +22.7% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
GFF quarterly EPS vs estimates
Griffon beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: November 18, 2026 (estimate $1.60).
GFF income statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.52B | $2.62B | $2.69B | $2.85B | $2.27B | $2.07B | $2.21B | $1.98B | $1.52B | $1.96B |
| Cost of revenue | $1.46B | $1.60B | $1.74B | $1.90B | $1.63B | $1.48B | $1.61B | $1.45B | $1.12B | $1.48B |
| Gross profit | $1.06B | $1.02B | $948.8M | $950.3M | $641.1M | $588.2M | $595.3M | $529.6M | $408.1M | $473.4M |
| Research & development | $20.3M | $19.4M | $18.1M | $15.6M | $7.0M | $8.0M | $15.4M | $15.4M | $17.7M | $18.0M |
| Sales, general & admin | $565.4M | $579.9M | $738.0M | $554.3M | $470.5M | $410.2M | $388.5M | $370.4M | $284.6M | $310.4M |
| Total operating expenses | $851.7M | $621.6M | $751.9M | $1.14B | $470.5M | $448.6M | $460.0M | $433.1M | $339.1M | $364.0M |
| Operating income | $206.3M | $398.3M | $196.9M | −$189.1M | $170.6M | $139.5M | $135.3M | $96.5M | $69.0M | $103.5M |
| Interest income | $2.2M | $2.4M | $2.1M | $215,000 | $62.7M | $65.8M | $67.3M | $1.7M | $64,000 | $143,000 |
| Interest expense | $96.0M | $104.1M | $101.4M | $84.4M | $63.2M | $66.5M | $68.1M | $65.6M | $51.5M | $49.9M |
| Income before taxes | $127.4M | $296.6M | $112.7M | −$270.9M | $110.0M | $67.5M | $72.2M | $33.8M | $16.7M | $53.2M |
| Income taxes | $76.3M | $86.8M | $35.1M | $16.8M | $39.7M | $26.0M | $26.6M | $555,000 | −$1.1M | $23.2M |
| Net income | $51.1M | $209.9M | $77.6M | −$191.6M | $79.2M | $53.4M | $37.3M | $125.7M | $14.9M | $30.0M |
| EBITDA | $286.4M | $461.4M | $279.6M | $428.4M | $225.4M | $208.1M | $191.8M | $155.2M | $116.1M | $128.5M |
| EPS (diluted) | $5.66 | $5.13 | $4.55 | $4.08 | $1.87 | $1.62 | $1.08 | $0.77 | $0.87 | $0.85 |
| Gross margin | 42.0% | 38.9% | 35.3% | 33.4% | 28.2% | 28.5% | 26.9% | 26.8% | 26.8% | 24.2% |
| Operating margin | 8.2% | 15.2% | 7.3% | −6.6% | 7.5% | 6.8% | 6.1% | 4.9% | 4.5% | 5.3% |
| Net margin | 2.0% | 8.0% | 2.9% | −6.7% | 3.5% | 2.6% | 1.7% | 6.4% | 1.0% | 1.5% |
| 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 | $481.4M | $421.9M | $649.1M | $662.2M | $613.6M | $611.7M | $632.4M | $659.7M | $647.8M | $672.9M | $643.2M | $641.4M |
| Cost of revenue | $255.3M | $229.9M | $382.3M | $385.9M | $348.4M | $359.5M | $368.1M | $396.2M | $398.7M | $402.2M | $406.5M | $395.5M |
| Gross profit | $226.1M | $192.0M | $266.8M | $276.3M | $265.2M | $252.2M | $264.3M | $263.5M | $249.1M | $270.7M | $236.6M | $245.9M |
| Research & development | — | — | — | $20.3M | — | — | — | $19.4M | — | — | — | $18.1M |
| Sales, general & admin | $110.6M | $104.6M | $151.9M | $128.1M | $145.3M | $151.0M | $152.2M | $127.0M | $161.7M | $157.2M | $146.2M | $176.3M |
| Total operating expenses | $110.6M | $104.6M | $151.9M | $157.3M | $391.2M | $151.0M | $152.2M | $151.8M | $159.8M | $157.2M | $152.8M | $166.5M |
| Operating income | $115.5M | $87.3M | $114.9M | $119.0M | −$126.0M | $101.2M | $112.1M | $111.7M | $89.3M | $113.4M | $83.8M | $79.4M |
| Interest income | $1.0M | $4,000 | $357,000 | $4.3M | $2.2M | $708,000 | $406,000 | $5.1M | $2.7M | $637,000 | $424,000 | $1.3M |
| Interest expense | $21.1M | $21.1M | $23.5M | $23.1M | $24.1M | $23.9M | $26.5M | $25.6M | $27.0M | $26.1M | $27.2M | $26.3M |
| Income before taxes | $92.0M | $65.0M | $90.0M | $100.5M | −$149.2M | $78.6M | $97.4M | $86.9M | $61.0M | $88.6M | $60.1M | $56.4M |
| Income taxes | $25.7M | $18.0M | $25.6M | $56.9M | −$29.1M | $21.9M | $26.6M | $24.4M | $19.9M | $24.4M | $18.0M | $14.4M |
| Net income | $51.6M | $42.0M | $64.4M | $43.6M | −$120.1M | $56.8M | $70.9M | $62.5M | $41.1M | $64.1M | $42.2M | $42.0M |
| EBITDA | $123.4M | $96.2M | $129.1M | $139.5M | −$109.2M | $118.2M | $139.5M | $128.1M | $123.2M | $130.9M | $102.2M | $114.1M |
| EPS (diluted) | $1.51 | $1.05 | $1.45 | $1.54 | $1.50 | $1.23 | $1.39 | $1.47 | $1.24 | $1.35 | $1.07 | $1.19 |
| Gross margin | 47.0% | 45.5% | 41.1% | 41.7% | 43.2% | 41.2% | 41.8% | 39.9% | 38.5% | 40.2% | 36.8% | 38.3% |
| Operating margin | 24.0% | 20.7% | 17.7% | 18.0% | −20.5% | 16.5% | 17.7% | 16.9% | 13.8% | 16.9% | 13.0% | 12.4% |
| Net margin | 10.7% | 9.9% | 9.9% | 6.6% | −19.6% | 9.3% | 11.2% | 9.5% | 6.3% | 9.5% | 6.6% | 6.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in GFF's financial statements (latest annual report filed November 19, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
GFF financial results
In fiscal year 2025 (ended September 30, 2025), Griffon reported revenue of $2.5 billion, down 3.9% from the year before. It had net income of $51.1 million (down 75.6%), a net profit margin of 2.0%. Diluted earnings per share came to $5.66. Over five years revenue grew at an average rate of 4.0% a year.
See the GFF stock overview for the latest quote and news, or the GFF chart for price history and technical indicators.
GFF income statement FAQ
What is Griffon's annual revenue?
Griffon reported total revenue of $2.5 billion for fiscal year 2025, which ended on September 30, 2025. That was down 3.9% from $2.6 billion the previous year.
Is Griffon profitable?
Yes. Griffon reported net income of $51.1 million in fiscal 2025, a net profit margin of 2.0%; its operating margin was 8.2%.
What is Griffon's gross margin?
Griffon's gross margin was 42.0% in fiscal 2025: for every $100 of revenue, Griffon kept $42 after the direct cost of its products and services.
How much does Griffon spend on research and development?
Griffon spent $20.3 million on research and development in fiscal 2025, 0.8% of revenue.
How fast is Griffon growing?
Revenue grew 4.0% a year on average over the last five fiscal years, from $2.1 billion to $2.5 billion.
What are Griffon's earnings per share?
Griffon earned $5.66 per diluted share in fiscal 2025, compared with $5.13 a year earlier.
When will Griffon report its next earnings?
Griffon is expected to report results for the quarter ending September 30, 2026 on November 18, 2026 before the market opens.
When does Griffon's fiscal year end?
Griffon's fiscal year ends in September. The latest annual report covers the year ended September 30, 2025 and was filed on November 19, 2025.