Hillman Solutions Corp. (HLMN) Income Statement
HLMN 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsHLMN revenue and net income
Where HLMN's revenue goes
2025Each bar shows an amount and its share of revenue. HLMN kept 2.6% of revenue as net income.
HLMN profit margins
HLMN growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +5.4% | +1.5% | +2.6% | +16.2% |
| Gross profit | −13.1% | −1.3% | +1.0% | +16.0% |
| Operating income | +32.4% | +43.4% | +12.3% | — |
| Net income | +133.6% | — | — | +19.9% |
| EPS (diluted) | +13.5% | +12.0% | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
HLMN quarterly EPS vs estimates
Hillman Solutions beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: November 2, 2026 (estimate $0.22).
HLMN income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.55B | $1.47B | $1.48B | $1.49B | $1.43B | $1.37B | $1.21B | $974.2M | $838.4M | $364,480 |
| Cost of revenue | $937.0M | $764.7M | $829.0M | $846.6M | $859.6M | $781.8M | $693.9M | $537.9M | $455.7M | $236,999 |
| Gross profit | $615.2M | $707.9M | $647.5M | $639.8M | $566.4M | $586.5M | $520.5M | $436.3M | $382.7M | $127,481 |
| Research & development | $1.4M | $1.3M | $2.6M | $2.3M | $2.4M | $2.9M | $2.1M | — | $2.2M | — |
| Sales, general & admin | $502.0M | $488.7M | $452.1M | $481.0M | $438.4M | $399.0M | $382.7M | $317.5M | $274.6M | — |
| Total operating expenses | $497.7M | $619.1M | $586.6M | $599.9M | $556.1M | $520.7M | $512.8M | $420.5M | $347.1M | $110,447 |
| Operating income | $117.5M | $88.8M | $60.9M | $39.9M | $10.3M | $65.8M | $7.7M | $31.0M | $35.5M | −$13,295 |
| Interest expense | $56.5M | $59.2M | $68.3M | $54.6M | $69.0M | $99.5M | $114.2M | $0 | $0 | $0 |
| Income before taxes | $56.6M | $26.6M | −$7.4M | −$14.7M | −$50.1M | −$33.9M | −$108.8M | −$67.6M | −$26.3M | −$38,322 |
| Income taxes | $16.3M | $9.3M | $2.2M | $1.8M | −$11.8M | −$9.4M | −$23.3M | −$8.9M | −$84.9M | −$5,798 |
| Net income | $40.3M | $17.3M | −$9.6M | −$16.4M | −$38.3M | −$24.5M | −$85.5M | −$58.7M | $58.6M | −$32,524 |
| EBITDA | $254.2M | $215.8M | $182.6M | $159.9M | $139.6M | $198.6M | $130.0M | $121.6M | $107.6M | $210,478 |
| EPS (diluted) | $0.59 | $0.52 | $0.40 | $0.42 | −$1.18 | −$0.46 | −$0.49 | — | — | — |
| Gross margin | 39.6% | 48.1% | 43.9% | 43.0% | 39.7% | 42.9% | 42.9% | 44.8% | 45.6% | 35.0% |
| Operating margin | 7.6% | 6.0% | 4.1% | 2.7% | 0.7% | 4.8% | 0.6% | 3.2% | 4.2% | −3.6% |
| Net margin | 2.6% | 1.2% | −0.6% | −1.1% | −2.7% | −1.8% | −7.0% | −6.0% | 7.0% | −8.9% |
| 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 | $442.3M | $370.1M | $365.1M | $424.9M | $402.8M | $359.3M | $349.6M | $393.3M | $379.4M | $350.3M | $347.8M | $398.9M |
| Cost of revenue | $234.2M | $201.5M | $227.2M | $205.4M | $208.3M | $190.7M | $182.9M | $203.7M | $194.7M | $183.4M | $185.3M | $222.6M |
| Gross profit | $208.1M | $168.6M | $137.9M | $219.6M | $194.5M | $168.6M | $166.7M | $189.6M | $184.8M | $166.9M | $162.5M | $176.3M |
| Research & development | — | — | — | — | — | — | $1.3M | — | — | — | $2.6M | — |
| Sales, general & admin | $134.0M | $124.6M | $120.9M | $138.3M | $123.7M | $119.1M | $118.7M | $481,780 | $121.2M | $118.6M | $116.2M | $113.4M |
| Total operating expenses | $167.2M | $161.4M | $119.7M | $173.7M | $158.1M | $153.6M | $152.7M | $162.7M | $153.2M | $150.6M | $158.2M | $141.6M |
| Operating income | $40.9M | $7.2M | $18.2M | $45.9M | $36.3M | $15.0M | $14.0M | $26.9M | $31.6M | $16.3M | $4.3M | $34.7M |
| Interest expense | $13.0M | $13.0M | $13.4M | $14.7M | $13.9M | $14.5M | $14.9M | $15.1M | $13.9M | $15.3M | $15.4M | $16.7M |
| Income before taxes | $27.9M | −$5.8M | $3.3M | $31.2M | $22.4M | −$351,000 | −$928,000 | $11.8M | $17.6M | −$2.0M | −$11.1M | $18.0M |
| Income taxes | $6.8M | −$1.1M | $1.7M | $8.0M | $6.6M | −$34,000 | $294,000 | $4.4M | $5.1M | −$483,000 | −$1.1M | $13.0M |
| Net income | $21.1M | −$4.7M | $1.6M | $23.2M | $15.8M | −$317,000 | −$1.2M | $7.4M | $12.5M | −$1.5M | −$10.1M | $5.1M |
| EBITDA | $78.7M | $44.5M | $52.6M | $81.3M | $71.4M | $48.9M | $47.6M | $60.2M | $63.1M | $44.9M | $34.3M | $64.8M |
| EPS (diluted) | $0.17 | $0.07 | $0.10 | $0.22 | $0.17 | $0.10 | $0.10 | $0.16 | $0.16 | $0.10 | $0.10 | $0.11 |
| Gross margin | 47.1% | 45.6% | 37.8% | 51.7% | 48.3% | 46.9% | 47.7% | 48.2% | 48.7% | 47.6% | 46.7% | 44.2% |
| Operating margin | 9.3% | 1.9% | 5.0% | 10.8% | 9.0% | 4.2% | 4.0% | 6.8% | 8.3% | 4.7% | 1.2% | 8.7% |
| Net margin | 4.8% | −1.3% | 0.4% | 5.5% | 3.9% | −0.1% | −0.3% | 1.9% | 3.3% | −0.4% | −2.9% | 1.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in HLMN's financial statements (latest annual report filed February 17, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
HLMN financial results
In fiscal year 2025 (ended December 31, 2025), Hillman Solutions reported revenue of $1.6 billion, up 5.4% from the year before. It had net income of $40.3 million (up 133.6%), a net profit margin of 2.6%. Diluted earnings per share came to $0.59. Over five years revenue grew at an average rate of 2.6% a year.
See the HLMN stock overview for the latest quote and news, or the HLMN chart for price history and technical indicators.
HLMN income statement FAQ
What is Hillman Solutions's annual revenue?
Hillman Solutions reported total revenue of $1.6 billion for fiscal year 2025, which ended on December 31, 2025. That was up 5.4% from $1.5 billion the previous year.
Is Hillman Solutions profitable?
Yes. Hillman Solutions reported net income of $40.3 million in fiscal 2025, a net profit margin of 2.6%; its operating margin was 7.6%.
What is Hillman Solutions's gross margin?
Hillman Solutions's gross margin was 39.6% in fiscal 2025: for every $100 of revenue, Hillman Solutions kept $40 after the direct cost of its products and services.
How much does Hillman Solutions spend on research and development?
Hillman Solutions spent $1.4 million on research and development in fiscal 2025, 0.1% of revenue.
How fast is Hillman Solutions growing?
Revenue grew 2.6% a year on average over the last five fiscal years, from $1.4 billion to $1.6 billion.
What are Hillman Solutions's earnings per share?
Hillman Solutions earned $0.59 per diluted share in fiscal 2025, compared with $0.52 a year earlier.
When will Hillman Solutions report its next earnings?
Hillman Solutions is expected to report results for the quarter ending September 30, 2026 on November 2, 2026 after the market closes.
When does Hillman Solutions's fiscal year end?
Hillman Solutions's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 17, 2026.