Graco Inc. (GGG) Income Statement
GGG 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsGGG revenue and net income
Where GGG's revenue goes
2025Each bar shows an amount and its share of revenue. GGG kept 23.3% of revenue as net income.
GGG profit margins
GGG growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +5.8% | +1.4% | +6.3% | +5.7% |
| Gross profit | +4.5% | +3.5% | +6.5% | +5.5% |
| Operating income | +7.1% | +2.2% | +9.3% | +7.3% |
| Net income | +7.4% | +4.2% | +9.6% | +4.2% |
| EPS (diluted) | +6.5% | +3.8% | +8.6% | +9.8% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
GGG quarterly EPS vs estimates
Graco beat the analyst EPS estimate in 3 of the last 8 quarters. Next report: October 21, 2026 (estimate $0.82).
GGG income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.24B | $2.11B | $2.20B | $2.14B | $1.99B | $1.65B | $1.65B | $1.65B | $1.47B | $1.33B |
| Cost of revenue | $1.06B | $990.9M | $1.03B | $1.09B | $953.7M | $795.2M | $786.3M | $770.8M | $681.7M | $621.1M |
| Gross profit | $1.17B | $1.12B | $1.16B | $1.06B | $1.03B | $854.9M | $859.8M | $882.5M | $793.0M | $708.2M |
| Research & development | $82.3M | $87.2M | $82.8M | $80.0M | $79.7M | $72.2M | $67.6M | $63.1M | $60.1M | $60.6M |
| Sales, general & admin | $480.1M | $465.1M | $432.2M | $404.7M | $423.0M | $355.8M | $367.7M | $383.0M | $372.5M | $341.7M |
| Total operating expenses | $562.4M | $552.4M | $515.0M | $484.7M | $502.6M | $463.2M | $435.3M | $446.1M | $432.6M | $402.3M |
| Operating income | $610.7M | $570.1M | $646.8M | $572.7M | $531.3M | $391.7M | $424.5M | $436.4M | $360.4M | $113.9M |
| Interest income | $2.9M | $2.8M | $5.2M | $9.9M | $10.2M | $11.3M | $13.1M | $14.4M | $16.2M | $17.6M |
| Interest expense | $2.9M | $2.8M | $5.2M | $9.9M | $10.2M | $11.3M | $13.1M | $14.4M | $16.2M | $17.6M |
| Income before taxes | $641.2M | $589.3M | $608.8M | $565.7M | $508.5M | $374.7M | $405.9M | $410.8M | $347.1M | $96.7M |
| Income taxes | $119.4M | $103.2M | $102.3M | $105.1M | $68.6M | $44.2M | $62.0M | $69.7M | $94.7M | $56.0M |
| Net income | $521.8M | $486.1M | $506.5M | $460.6M | $439.9M | $330.5M | $343.9M | $341.1M | $252.4M | $40.7M |
| EBITDA | $751.5M | $678.9M | $646.8M | $641.6M | $578.0M | $441.3M | $467.9M | $472.9M | $408.9M | $354.5M |
| EPS (diluted) | $2.95 | $2.77 | $3.05 | $2.64 | $2.43 | $1.95 | $1.90 | $1.89 | $1.43 | $1.18 |
| Gross margin | 52.5% | 53.1% | 52.9% | 49.3% | 52.0% | 51.8% | 52.2% | 53.4% | 53.8% | 53.3% |
| Operating margin | 27.3% | 27.0% | 29.5% | 26.7% | 26.7% | 23.7% | 25.8% | 26.4% | 24.4% | 8.6% |
| Net margin | 23.3% | 23.0% | 23.1% | 21.5% | 22.1% | 20.0% | 20.9% | 20.6% | 17.1% | 3.1% |
| 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 | $590.6M | $540.1M | $593.2M | $543.4M | $571.8M | $528.3M | $548.7M | $519.2M | $553.2M | $492.2M | $566.6M | $539.7M |
| Cost of revenue | $273.6M | $259.5M | $286.5M | $254.1M | $272.3M | $250.6M | $269.4M | $243.1M | $252.4M | $226.0M | $266.7M | $255.1M |
| Gross profit | $316.9M | $280.6M | $306.7M | $289.2M | $299.5M | $277.7M | $279.3M | $276.1M | $300.9M | $266.2M | $299.9M | $284.5M |
| Research & development | $19.8M | $20.0M | $21.9M | $20.3M | $20.7M | $19.4M | $22.2M | $21.3M | $21.9M | $21.9M | $21.2M | $19.8M |
| Sales, general & admin | $122.0M | $122.9M | $126.2M | $118.3M | $121.3M | $114.3M | $127.1M | $109.1M | $117.6M | $111.3M | $108.8M | $102.3M |
| Total operating expenses | $141.9M | $142.9M | $148.1M | $138.6M | $142.0M | $133.7M | $149.3M | $130.4M | $139.5M | $133.2M | $130.0M | $122.1M |
| Operating income | $175.1M | $137.8M | $158.6M | $150.7M | $157.5M | $144.0M | $130.0M | $145.7M | $161.4M | $133.0M | $169.9M | $163.2M |
| Interest income | — | — | $814,000 | $711,000 | $655,000 | $713,000 | $794,000 | $656,000 | — | — | — | $1.4M |
| Interest expense | $835,000 | $836,000 | $814,000 | $711,000 | $655,000 | $713,000 | $794,000 | $656,000 | $634,000 | $744,000 | $656,000 | $1.4M |
| Income before taxes | $181.5M | $140.1M | $163.1M | $168.5M | $158.2M | $151.5M | $132.5M | $151.3M | $165.2M | $140.3M | $127.5M | $164.3M |
| Income taxes | $36.5M | $21.6M | $30.6M | $30.8M | $30.6M | $27.4M | $23.8M | $29.1M | $32.2M | $18.1M | $17.6M | $31.2M |
| Net income | $144.9M | $118.5M | $132.5M | $137.6M | $127.6M | $124.1M | $108.7M | $122.2M | $133.0M | $122.2M | $110.0M | $133.1M |
| EBITDA | $198.1M | $169.5M | $195.6M | $193.1M | $186.0M | $176.9M | $158.0M | $174.7M | $180.7M | $146.4M | $148.3M | $180.0M |
| EPS (diluted) | $0.91 | $0.66 | $0.77 | $0.73 | $0.75 | $0.70 | $0.64 | $0.71 | $0.77 | $0.65 | $0.80 | $0.76 |
| Gross margin | 53.7% | 52.0% | 51.7% | 53.2% | 52.4% | 52.6% | 50.9% | 53.2% | 54.4% | 54.1% | 52.9% | 52.7% |
| Operating margin | 29.6% | 25.5% | 26.7% | 27.7% | 27.5% | 27.3% | 23.7% | 28.1% | 29.2% | 27.0% | 30.0% | 30.2% |
| Net margin | 24.5% | 21.9% | 22.3% | 25.3% | 22.3% | 23.5% | 19.8% | 23.5% | 24.0% | 24.8% | 19.4% | 24.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in GGG's financial statements (latest annual report filed February 17, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
GGG financial results
In fiscal year 2025 (ended December 31, 2025), Graco reported revenue of $2.2 billion, up 5.8% from the year before. It had net income of $521.8 million (up 7.4%), a net profit margin of 23.3%. Diluted earnings per share came to $2.95. Over five years revenue grew at an average rate of 6.3% a year.
See the GGG stock overview for the latest quote and news, or the GGG chart for price history and technical indicators.
GGG income statement FAQ
What is Graco's annual revenue?
Graco reported total revenue of $2.2 billion for fiscal year 2025, which ended on December 31, 2025. That was up 5.8% from $2.1 billion the previous year.
Is Graco profitable?
Yes. Graco reported net income of $521.8 million in fiscal 2025, a net profit margin of 23.3%; its operating margin was 27.3%.
What is Graco's gross margin?
Graco's gross margin was 52.5% in fiscal 2025: for every $100 of revenue, Graco kept $52 after the direct cost of its products and services.
How much does Graco spend on research and development?
Graco spent $82.3 million on research and development in fiscal 2025, 3.7% of revenue.
How fast is Graco growing?
Revenue grew 6.3% a year on average over the last five fiscal years, from $1.7 billion to $2.2 billion.
What are Graco's earnings per share?
Graco earned $2.95 per diluted share in fiscal 2025, compared with $2.77 a year earlier.
When will Graco report its next earnings?
Graco is expected to report results for the quarter ending September 30, 2026 on October 21, 2026 after the market closes.
When does Graco's fiscal year end?
Graco's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 17, 2026.