The Gabelli Global Utility & Income Trust (GLU) Income Statement
GLU 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsGLU revenue and net income
Where GLU's revenue goes
2025Each bar shows an amount and its share of revenue. GLU kept 335.8% of revenue as net income.
GLU profit margins
GLU growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +135.3% | — | +15.1% | +9.8% |
| Gross profit | +177.8% | — | +12.4% | +12.2% |
| Operating income | +250.6% | — | +50.2% | — |
| Net income | +251.8% | — | +50.3% | — |
| EPS (diluted) | +670.8% | — | +68.4% | +31.7% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
GLU quarterly EPS vs estimates
Gabelli Global Utility & Income beat the analyst EPS estimate in 3 of the last 5 quarters.
GLU income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.9M | $3.8M | $5.2M | $0 | $17.9M | $4.4M | $20.4M | $0 | $18.1M | $7.6M |
| Cost of revenue | $1.0M | $941,118 | $186 | $1.1M | $1.1M | $978,340 | $1.1M | $756,040 | $871,450 | $747,784 |
| Gross profit | $7.9M | $2.9M | $5.2M | −$17.5M | $17.9M | $4.4M | $20.4M | −$6.6M | $18.1M | $6.8M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $518,033 | $503,935 | $1.3M | $493,210 | $633,154 | $466,570 | $498,474 | $522,772 | $456,159 | $992,582 |
| Total operating expenses | −$22.0M | −$5.7M | $1.3M | $530,127 | $674,638 | $507,796 | $540,122 | $551,366 | $483,908 | $3.6M |
| Operating income | $30.0M | $8.5M | $3.9M | −$18.0M | $17.3M | $3.9M | $19.9M | −$7.2M | $17.6M | $7.8M |
| Interest income | $59,016 | $187,144 | $1.5M | $431,297 | $18,267 | $168,119 | $928,001 | $213,570 | $201,145 | $91,529 |
| Interest expense | $3,230 | $768 | $186 | $833 | $160 | $782 | $11,103 | $14,504 | $1,563 | $65 |
| Income before taxes | $30.0M | $8.5M | $3.7M | −$18.0M | $17.3M | $3.9M | $19.9M | −$7.2M | $17.6M | $7.8M |
| Income taxes | — | — | −$167,895 | $2.7M | $2.6M | $2.2M | $3.1M | −$161,141 | −$52,516 | −$36,413 |
| Net income | $30.0M | $8.5M | $3.7M | −$18.0M | $17.3M | $3.9M | $19.9M | −$7.2M | $17.6M | $7.8M |
| EBITDA | $30.0M | $8.5M | $3.9M | −$18.0M | $17.3M | $3.9M | $19.9M | −$7.2M | $17.6M | $7.8M |
| EPS (diluted) | $5.01 | $0.65 | $0.62 | −$3.43 | $3.81 | $0.37 | $4.31 | −$2.68 | $5.70 | $2.19 |
| Gross margin | 88.8% | 75.2% | 100.0% | — | 100.0% | 100.0% | 100.0% | — | 100.0% | 90.1% |
| Operating margin | 335.5% | 225.2% | 74.5% | — | 96.2% | 88.5% | 97.4% | — | 97.3% | 103.2% |
| Net margin | 335.8% | 224.5% | 71.0% | — | 96.2% | 88.5% | 97.4% | — | 97.3% | 103.0% |
| Jun '26 | Dec '25 | Jun '25 | Dec '24 | Jun '24 | Dec '23 | Jun '23 | Mar '23 | Dec '22 | Sep '22 | Jun '22 | Dec '21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.4M | $5.1M | $1.1M | $2.1M | $2.5M | $2.2M | $3.0M | $1.5M | $1.8M | $909,940 | $2.2M | $1.8M |
| Cost of revenue | $506,188 | $557,678 | $442,663 | $490,308 | $450,810 | $511,244 | $524,611 | $0 | $530,262 | $0 | $557,886 | $592,628 |
| Gross profit | $5.9M | $4.5M | $1.1M | $1.6M | $2.5M | $2.2M | $3.0M | $1.5M | $1.8M | $909,940 | $2.2M | $1.8M |
| Sales, general & admin | — | $216,442 | $340,202 | $302,938 | $652,820 | $674,339 | $658,672 | $292,500 | $627,954 | $313,977 | $707,572 | $780,780 |
| Total operating expenses | −$9.1M | −$6.0M | $340,202 | −$3.2M | $652,820 | $674,339 | $658,671 | $88,113 | $2.1M | $1.1M | $20.0M | $2.6M |
| Operating income | $15.0M | $29.2M | $750,528 | $4.7M | $1.9M | $1.6M | $2.3M | $1.2M | $1.2M | $595,964 | $1.5M | $1.0M |
| Interest income | — | — | — | — | — | — | — | — | — | — | $19.3M | $3.4M |
| Interest expense | $171 | $3,186 | $22 | — | — | $155 | $31 | — | $416 | — | — | — |
| Income before taxes | $15.0M | $20.3M | $9.7M | $4.7M | $3.8M | $542,307 | $3.2M | $1.6M | −$281,658 | −$140,829 | −$17.8M | $4.4M |
| Income taxes | — | — | — | — | — | −$0 | $0 | $417,432 | −$0 | −$736,793 | −$3 | $1 |
| Net income | $15.0M | $20.3M | $9.7M | $4.7M | $3.8M | $542,307 | $3.2M | $969,179 | −$1.5M | −$754,933 | −$19.0M | $3.1M |
| EBITDA | $15.0M | $10.6M | $750,528 | $4.7M | $3.8M | $1.6M | $2.3M | −$194,850 | $1.2M | −$1.4M | $1.5M | $1.0M |
| EPS (diluted) | — | — | $3.13 | $0.65 | — | — | — | — | −$0.25 | — | −$3.18 | $0.58 |
| Gross margin | 92.1% | 89.0% | 100.0% | 76.2% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating margin | 234.7% | 574.3% | 68.8% | 229.2% | 74.3% | 69.8% | 77.9% | 77.9% | 65.5% | 65.5% | 68.4% | 56.7% |
| Net margin | 234.6% | 398.6% | 890.4% | 228.8% | 150.0% | 24.3% | 105.9% | 64.9% | −83.0% | −83.0% | −848.1% | 173.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in GLU's financial statements (latest annual report filed December 31, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
GLU financial results
In fiscal year 2025 (ended December 31, 2025), Gabelli Global Utility & Income reported revenue of $8.9 million, up 135.3% from the year before. It had net income of $30.0 million (up 251.8%), a net profit margin of 335.8%. Diluted earnings per share came to $5.01. Over five years revenue grew at an average rate of 15.1% a year.
See the GLU stock overview for the latest quote and news, or the GLU chart for price history and technical indicators.
GLU income statement FAQ
What is Gabelli Global Utility & Income's annual revenue?
Gabelli Global Utility & Income reported total revenue of $8.9 million for fiscal year 2025, which ended on December 31, 2025. That was up 135.3% from $3.8 million the previous year.
Is Gabelli Global Utility & Income profitable?
Yes. Gabelli Global Utility & Income reported net income of $30.0 million in fiscal 2025, a net profit margin of 335.8%; its operating margin was 335.5%.
What is Gabelli Global Utility & Income's gross margin?
Gabelli Global Utility & Income's gross margin was 88.8% in fiscal 2025: for every $100 of revenue, Gabelli Global Utility & Income kept $89 after the direct cost of its products and services.
How fast is Gabelli Global Utility & Income growing?
Revenue grew 15.1% a year on average over the last five fiscal years, from $4.4 million to $8.9 million.
What are Gabelli Global Utility & Income's earnings per share?
Gabelli Global Utility & Income earned $5.01 per diluted share in fiscal 2025, compared with $0.65 a year earlier.
When does Gabelli Global Utility & Income's fiscal year end?
Gabelli Global Utility & Income's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on December 31, 2025.