Global Industrial Company (GIC) Income Statement
GIC 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsGIC revenue and net income
Where GIC's revenue goes
2025Each bar shows an amount and its share of revenue. GIC kept 5.2% of revenue as net income.
GIC profit margins
GIC growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +4.8% | +5.8% | +6.0% | −2.9% |
| Gross profit | +8.5% | +5.2% | +6.6% | +3.6% |
| Operating income | +21.2% | −2.5% | +3.0% | — |
| Net income | +18.2% | −2.9% | +2.0% | — |
| EPS (diluted) | +18.5% | −3.0% | +2.2% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
GIC quarterly EPS vs estimates
Global Industrial beat the analyst EPS estimate in 4 of the last 8 quarters. Next report: October 27, 2026 (estimate $0.55).
GIC income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.38B | $1.32B | $1.27B | $1.17B | $1.06B | $1.03B | $946.9M | $896.9M | $1.27B | $1.68B |
| Cost of revenue | $888.9M | $863.9M | $838.5M | $744.9M | $688.8M | $672.1M | $621.2M | $589.2M | $914.0M | $1.36B |
| Gross profit | $490.2M | $452.0M | $435.8M | $421.2M | $374.3M | $356.9M | $325.7M | $307.7M | $351.4M | $324.7M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $392.6M | $367.1M | $335.0M | $316.0M | $282.8M | $272.8M | $256.5M | $245.2M | $279.8M | $314.7M |
| Total operating expenses | $392.6M | $371.5M | $339.3M | $316.0M | $286.3M | $272.8M | $259.6M | $245.2M | $279.8M | $314.7M |
| Operating income | $97.6M | $80.5M | $96.5M | $105.2M | $88.0M | $84.1M | $66.1M | $61.7M | $71.3M | $4.1M |
| Interest income | $0 | $700,000 | $1.3M | $1.4M | $400,000 | $100,000 | $0 | $1.2M | $500,000 | $2.0M |
| Interest expense | $100,000 | $200,000 | $1.1M | $1.1M | $100,000 | $100,000 | $100,000 | $1.6M | $200,000 | $300,000 |
| Income before taxes | $97.6M | $79.8M | $95.2M | $103.8M | $87.6M | $84.0M | $66.1M | $62.9M | $70.8M | $2.1M |
| Income taxes | $25.6M | $19.1M | $24.5M | $25.7M | $17.5M | $19.9M | $16.1M | $13.4M | $5.3M | $10.0M |
| Net income | $72.1M | $61.0M | $70.7M | $78.8M | $103.3M | $65.4M | $48.5M | $224.7M | $40.4M | −$32.6M |
| EBITDA | $105.3M | $87.6M | $102.7M | $108.8M | $91.4M | $88.2M | $69.4M | $63.9M | $50.3M | $31.3M |
| EPS (diluted) | $1.86 | $1.57 | $1.85 | $2.04 | $1.83 | $1.67 | $1.38 | $1.58 | $1.30 | $0.00 |
| Gross margin | 35.5% | 34.3% | 34.2% | 36.1% | 35.2% | 34.7% | 34.4% | 34.3% | 27.8% | 19.3% |
| Operating margin | 7.1% | 6.1% | 7.6% | 9.0% | 8.3% | 8.2% | 7.0% | 6.9% | 5.6% | 0.2% |
| Net margin | 5.2% | 4.6% | 5.5% | 6.8% | 9.7% | 6.4% | 5.1% | 25.1% | 3.2% | −1.9% |
| 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 | $386.6M | $350.4M | $345.6M | $353.6M | $358.9M | $321.0M | $302.3M | $342.4M | $347.8M | $323.4M | $320.1M | $354.6M |
| Cost of revenue | $231.2M | $228.5M | $226.5M | $227.6M | $225.9M | $208.9M | $200.0M | $226.1M | $225.3M | $212.5M | $211.9M | $238.3M |
| Gross profit | $155.4M | $121.9M | $119.1M | $126.0M | $133.0M | $112.1M | $102.3M | $116.3M | $122.5M | $110.9M | $108.2M | $116.3M |
| Sales, general & admin | $106.1M | $101.3M | $94.9M | $99.7M | $99.5M | $93.9M | $7.2M | $94.1M | $96.1M | $93.5M | $82.5M | $88.1M |
| Total operating expenses | $106.1M | $101.3M | $99.5M | $99.7M | $99.5M | $93.9M | $87.8M | $94.1M | $96.1M | $93.5M | $86.8M | $88.1M |
| Operating income | $49.3M | $20.6M | $19.6M | $26.3M | $33.5M | $18.2M | $14.5M | $22.2M | $26.4M | $17.4M | $21.4M | $28.2M |
| Interest income | — | — | $0 | $200,000 | $300,000 | $100,000 | $400,000 | $0 | — | — | — | $700,000 |
| Interest expense | — | $100,000 | $500,000 | $200,000 | $300,000 | $100,000 | $400,000 | $0 | $100,000 | $200,000 | $100,000 | $700,000 |
| Income before taxes | $50.3M | $20.7M | $19.6M | $26.1M | $33.8M | $18.1M | $14.1M | $22.2M | $26.3M | $17.2M | $21.3M | $27.5M |
| Income taxes | $13.2M | $5.4M | $5.0M | $7.3M | $8.7M | $4.6M | $3.5M | $5.4M | $6.1M | $4.1M | $6.1M | $6.8M |
| Net income | $37.1M | $16.6M | $14.6M | $18.8M | $25.1M | $13.6M | $10.7M | $16.8M | $20.3M | $13.2M | $15.3M | $20.7M |
| EBITDA | $50.3M | $22.5M | $22.0M | $28.3M | $35.7M | $20.1M | $15.9M | $24.2M | $28.3M | $19.3M | $23.3M | $30.1M |
| EPS (diluted) | $0.54 | $0.39 | $0.38 | $0.48 | $0.65 | $0.35 | $0.27 | $0.44 | $0.52 | $0.34 | $0.40 | $0.54 |
| Gross margin | 40.2% | 34.8% | 34.5% | 35.6% | 37.1% | 34.9% | 33.8% | 34.0% | 35.2% | 34.3% | 33.8% | 32.8% |
| Operating margin | 12.8% | 5.9% | 5.7% | 7.4% | 9.3% | 5.7% | 4.8% | 6.5% | 7.6% | 5.4% | 6.7% | 8.0% |
| Net margin | 9.6% | 4.7% | 4.2% | 5.3% | 7.0% | 4.2% | 3.5% | 4.9% | 5.8% | 4.1% | 4.8% | 5.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in GIC's financial statements (latest annual report filed February 27, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
GIC financial results
In fiscal year 2025 (ended December 31, 2025), Global Industrial reported revenue of $1.4 billion, up 4.8% from the year before. It had net income of $72.1 million (up 18.2%), a net profit margin of 5.2%. Diluted earnings per share came to $1.86. Over five years revenue grew at an average rate of 6.0% a year.
See the GIC stock overview for the latest quote and news, or the GIC chart for price history and technical indicators.
GIC income statement FAQ
What is Global Industrial's annual revenue?
Global Industrial reported total revenue of $1.4 billion for fiscal year 2025, which ended on December 31, 2025. That was up 4.8% from $1.3 billion the previous year.
Is Global Industrial profitable?
Yes. Global Industrial reported net income of $72.1 million in fiscal 2025, a net profit margin of 5.2%; its operating margin was 7.1%.
What is Global Industrial's gross margin?
Global Industrial's gross margin was 35.5% in fiscal 2025: for every $100 of revenue, Global Industrial kept $36 after the direct cost of its products and services.
How fast is Global Industrial growing?
Revenue grew 6.0% a year on average over the last five fiscal years, from $1.0 billion to $1.4 billion.
What are Global Industrial's earnings per share?
Global Industrial earned $1.86 per diluted share in fiscal 2025, compared with $1.57 a year earlier.
When will Global Industrial report its next earnings?
Global Industrial is expected to report results for the quarter ending September 30, 2026 on October 27, 2026 after the market closes.
When does Global Industrial's fiscal year end?
Global Industrial's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 27, 2026.