GPGI, Inc. (GPGI) Income Statement
GPGI 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsGPGI revenue and net income
Where GPGI's revenue goes
2025Each bar shows an amount and its share of revenue. GPGI kept −227.3% of revenue as net income.
GPGI profit margins
GPGI growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −85.8% | −45.9% | −25.5% | — |
| Gross profit | −86.9% | −49.2% | −26.3% | — |
| Operating income | −112.8% | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | −2.0% | −2.3% | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
GPGI quarterly EPS vs estimates
GPGI beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: November 2, 2026 (estimate $0.23).
GPGI income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue | $59.8M | $420.6M | $390.6M | $378.5M | $267.9M | $260.6M |
| Cost of revenue | $31.1M | $201.3M | $181.5M | $158.8M | $123.1M | $128.0M |
| Gross profit | $28.7M | $219.2M | $209.1M | $219.6M | $144.8M | $132.6M |
| Research & development | — | $7.4M | — | — | — | — |
| Sales, general & admin | $42.5M | $111.6M | $90.0M | $104.7M | $63.4M | — |
| Total operating expenses | $42.5M | $111.6M | $90.0M | $104.7M | $63.4M | $48.4M |
| Operating income | −$13.7M | $107.6M | $119.1M | $114.9M | $81.4M | $84.2M |
| Interest income | $2.5M | $4.6M | $5.0M | $1.2M | $0 | — |
| Interest expense | $1.8M | $21.3M | $29.1M | $22.5M | $11.9M | $6.2M |
| Income before taxes | −$97.0M | −$81.0M | $117.1M | $136.2M | $82.6M | $77.8M |
| Income taxes | $39.0M | $2.2M | $4.6M | $4.4M | −$857,000 | — |
| Net income | −$136.0M | −$53.7M | $19.2M | $18.7M | $3.2M | $77.8M |
| EBITDA | −$93.6M | −$50.5M | $154.6M | $167.3M | $104.9M | $93.9M |
| EPS (diluted) | $0.97 | $0.99 | $0.89 | $1.04 | $0.90 | −$0.18 |
| Gross margin | 48.1% | 52.1% | 53.5% | 58.0% | 54.1% | 50.9% |
| Operating margin | −23.0% | 25.6% | 30.5% | 30.4% | 30.4% | 32.3% |
| Net margin | −227.3% | −12.8% | 4.9% | 4.9% | 1.2% | 29.9% |
| 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 | $0 | $0 | $0 | $0 | $0 | $59.8M | $100.9M | $107.1M | $108.6M | $104.0M | $99.9M | $96.9M |
| Cost of revenue | $0 | $0 | $2,000 | $0 | $0 | $31.1M | $48.3M | $51.7M | $52.5M | $48.8M | $47.0M | $48.0M |
| Gross profit | $0 | $0 | −$2,000 | $0 | $0 | $28.7M | $52.5M | $55.4M | $56.1M | $55.2M | $52.9M | $48.9M |
| Sales, general & admin | $9.4M | $55.6M | $7.2M | $9.9M | $2.7M | $22.7M | $36.9M | $26.3M | — | — | — | — |
| Total operating expenses | $9.4M | $55.6M | $7.2M | $9.9M | $2.7M | $22.7M | $36.9M | $26.3M | $24.3M | $24.1M | $22.4M | $20.1M |
| Operating income | −$9.4M | −$55.6M | −$7.2M | −$9.9M | −$2.7M | $6.0M | $15.6M | $29.1M | $31.8M | $31.1M | $30.5M | $28.8M |
| Interest income | $0 | $200,000 | $1.9M | $287,000 | $17,000 | $219,000 | — | $1.2M | — | — | — | — |
| Interest expense | $0 | $0 | $1.7M | $0 | $0 | $1.8M | $4.3M | $5.4M | $5.6M | $5.7M | $5.8M | $6.0M |
| Income before taxes | −$15.6M | −$231.4M | $27.3M | −$144.9M | −$27.9M | $48.5M | −$46.2M | −$84.8M | $33.9M | $16.2M | $34.9M | $39.0M |
| Income taxes | $1.2M | $3.6M | −$16.0M | $29.8M | −$1.8M | $27.0M | $2.1M | $629,000 | $258,000 | −$836,000 | $3.9M | $949,000 |
| Net income | $50.3M | −$235.0M | $43.3M | −$174.7M | −$26.1M | $21.5M | −$48.4M | −$42.1M | $11.1M | $4.0M | $3.3M | $7.5M |
| EBITDA | −$15.6M | −$231.4M | −$7.2M | −$184.5M | −$66.8M | $37.0M | −$44.0M | −$77.1M | $41.9M | $24.2M | $42.9M | $47.1M |
| EPS (diluted) | $0.15 | $0.12 | $0.23 | $0.29 | $0.20 | $0.25 | $0.20 | $0.27 | $0.27 | $0.25 | $0.17 | $0.24 |
| Gross margin | — | — | — | — | — | 48.1% | 52.1% | 51.7% | 51.6% | 53.1% | 52.9% | 50.5% |
| Operating margin | — | — | — | — | — | 10.1% | 15.5% | 27.2% | 29.3% | 29.9% | 30.6% | 29.7% |
| Net margin | — | — | — | — | — | 35.9% | −47.9% | −39.3% | 10.2% | 3.9% | 3.3% | 7.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in GPGI's financial statements (latest annual report filed December 31, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
GPGI financial results
In fiscal year 2025 (ended December 31, 2025), GPGI reported revenue of $59.8 million, down 85.8% from the year before. It had a net loss of $136.0 million, a net profit margin of −227.3%. Diluted earnings per share came to $0.97. Over five years revenue grew at an average rate of −25.5% a year.
See the GPGI stock overview for the latest quote and news, or the GPGI chart for price history and technical indicators.
GPGI income statement FAQ
What is GPGI's annual revenue?
GPGI reported total revenue of $59.8 million for fiscal year 2025, which ended on December 31, 2025. That was down 85.8% from $420.6 million the previous year.
Is GPGI profitable?
No. GPGI reported a net loss of $136.0 million in fiscal 2025, a net profit margin of −227.3%; its operating margin was −23.0%.
What is GPGI's gross margin?
GPGI's gross margin was 48.1% in fiscal 2025: for every $100 of revenue, GPGI kept $48 after the direct cost of its products and services.
How fast is GPGI growing?
Revenue grew −25.5% a year on average over the last five fiscal years, from $260.6 million to $59.8 million.
What are GPGI's earnings per share?
GPGI earned $0.97 per diluted share in fiscal 2025, compared with $0.99 a year earlier.
When will GPGI report its next earnings?
GPGI is expected to report results for the quarter ending September 30, 2026 on November 2, 2026.
When does GPGI's fiscal year end?
GPGI's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on December 31, 2025.