InfuSystem Holdings, Inc. (INFU) Income Statement
INFU 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsINFU revenue and net income
Where INFU's revenue goes
2025Each bar shows an amount and its share of revenue. INFU kept 4.6% of revenue as net income.
INFU profit margins
INFU growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +6.4% | +9.3% | +8.1% | +7.1% |
| Gross profit | +14.1% | +9.9% | +6.4% | +4.6% |
| Operating income | +73.0% | +93.2% | +6.2% | +3.0% |
| Net income | +182.6% | +616.7% | −17.5% | +5.9% |
| EPS (diluted) | +177.8% | +268.4% | −9.2% | +8.1% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
INFU quarterly EPS vs estimates
InfuSystem beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: November 3, 2026 (estimate $0.12).
INFU income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $143.4M | $134.9M | $125.8M | $109.9M | $102.4M | $97.4M | $81.1M | $67.1M | $71.1M | $70.5M |
| Cost of revenue | $63.1M | $64.5M | $62.7M | $49.4M | $43.8M | $38.6M | $34.2M | $28.1M | $27.7M | $25.8M |
| Gross profit | $80.3M | $70.4M | $63.1M | $60.6M | $58.5M | $58.8M | $46.9M | $39.0M | $43.4M | $44.7M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $67.5M | $62.5M | $58.0M | $56.4M | $51.5M | $44.9M | $38.9M | $34.0M | $35.0M | $34.3M |
| Total operating expenses | $68.4M | $63.5M | $59.0M | $58.9M | $55.7M | $49.9M | $43.4M | $38.6M | $46.2M | $43.8M |
| Operating income | $11.9M | $6.9M | $4.1M | $1.7M | $2.8M | $8.8M | $3.5M | $415,000 | −$3.8M | $974,000 |
| Interest income | — | — | — | — | — | — | $1.9M | $1.4M | $1.3M | $1.3M |
| Interest expense | $1.3M | $1.8M | $2.2M | $1.4M | $1.4M | $1.3M | $1.9M | $1.4M | $1.3M | $1.3M |
| Income before taxes | $10.6M | $5.1M | $1.9M | $130,000 | $1.3M | $7.5M | $1.5M | −$1.0M | −$5.3M | −$364,000 |
| Income taxes | $4.0M | $2.7M | $979,000 | $112,000 | −$163,000 | −$9.8M | $163,000 | $53,000 | $15.4M | −$142,000 |
| Net income | $6.6M | $2.3M | $872,000 | $18,000 | $1.4M | $17.3M | $1.4M | −$1.1M | −$20.7M | −$222,000 |
| EBITDA | $25.2M | $20.0M | $16.5M | $14.9M | $17.3M | $22.8M | $15.8M | $11.7M | $8.6M | $11.7M |
| EPS (diluted) | $0.50 | $0.18 | $0.09 | $0.01 | $0.08 | $0.81 | $0.06 | −$0.05 | −$0.17 | −$0.01 |
| Gross margin | 56.0% | 52.2% | 50.2% | 55.1% | 57.2% | 60.3% | 57.8% | 58.1% | 61.0% | 63.5% |
| Operating margin | 8.3% | 5.1% | 3.2% | 1.5% | 2.8% | 9.1% | 4.3% | 0.6% | −5.4% | 1.4% |
| Net margin | 4.6% | 1.7% | 0.7% | 0.0% | 1.4% | 17.8% | 1.7% | −1.6% | −29.1% | −0.3% |
| 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 | $36.9M | $33.7M | $36.2M | $36.5M | $36.0M | $34.7M | $33.8M | $35.3M | $33.7M | $32.0M | $31.8M | $31.9M |
| Cost of revenue | $15.5M | $14.0M | $15.8M | $15.7M | $16.1M | $15.5M | $15.6M | $16.3M | $17.0M | $15.5M | $15.3M | $16.3M |
| Gross profit | $21.4M | $19.7M | $20.4M | $20.8M | $19.9M | $19.2M | $18.2M | $19.0M | $16.7M | $16.5M | $16.5M | $15.6M |
| Sales, general & admin | $17.1M | $17.9M | $16.5M | $16.8M | $15.8M | $18.3M | $15.4M | $15.5M | $14.6M | $17.1M | $15.2M | $13.7M |
| Total operating expenses | $17.3M | $18.1M | $16.7M | $17.0M | $16.1M | $18.5M | $15.6M | $15.8M | $14.8M | $17.3M | $15.2M | $13.9M |
| Operating income | $4.2M | $1.6M | $3.7M | $3.8M | $3.8M | $618,000 | $2.6M | $3.3M | $1.9M | −$845,000 | $1.2M | $1.7M |
| Interest expense | $255,000 | $255,000 | $260,000 | $462,000 | $373,000 | $336,000 | $361,000 | $476,000 | $484,000 | $456,000 | $503,000 | $563,000 |
| Income before taxes | $3.9M | $1.4M | $3.5M | $3.4M | $3.4M | $253,000 | $2.3M | $2.8M | $1.3M | −$1.3M | $727,000 | $1.1M |
| Income taxes | $640,000 | $400,000 | $1.5M | $1.2M | $847,000 | $520,000 | $1.3M | $978,000 | $591,000 | −$186,000 | $655,000 | $431,000 |
| Net income | $3.2M | $1.0M | $2.0M | $2.3M | $2.6M | −$267,000 | $933,000 | $1.8M | $717,000 | −$1.1M | $72,000 | $689,000 |
| EBITDA | $7.3M | $4.4M | $7.1M | $7.2M | $7.2M | $3.9M | $6.2M | $6.4M | $4.8M | $2.1M | $4.4M | $4.8M |
| EPS (diluted) | $0.15 | $0.05 | $0.10 | $0.15 | $0.15 | $0.10 | $0.07 | $0.13 | $0.03 | −$0.05 | $0.00 | $0.07 |
| Gross margin | 58.0% | 58.4% | 56.4% | 57.1% | 55.2% | 55.2% | 53.8% | 53.9% | 49.5% | 51.5% | 51.8% | 48.9% |
| Operating margin | 11.2% | 4.7% | 10.3% | 10.4% | 10.5% | 1.8% | 7.7% | 9.2% | 5.5% | −2.6% | 3.9% | 5.3% |
| Net margin | 8.7% | 3.0% | 5.6% | 6.2% | 7.2% | −0.8% | 2.8% | 5.1% | 2.1% | −3.5% | 0.2% | 2.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in INFU's financial statements (latest annual report filed February 27, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
INFU financial results
In fiscal year 2025 (ended December 31, 2025), InfuSystem reported revenue of $143.4 million, up 6.4% from the year before. It had net income of $6.6 million (up 182.6%), a net profit margin of 4.6%. Diluted earnings per share came to $0.50. Over five years revenue grew at an average rate of 8.1% a year.
See the INFU stock overview for the latest quote and news, or the INFU chart for price history and technical indicators.
INFU income statement FAQ
What is InfuSystem's annual revenue?
InfuSystem reported total revenue of $143.4 million for fiscal year 2025, which ended on December 31, 2025. That was up 6.4% from $134.9 million the previous year.
Is InfuSystem profitable?
Yes. InfuSystem reported net income of $6.6 million in fiscal 2025, a net profit margin of 4.6%; its operating margin was 8.3%.
What is InfuSystem's gross margin?
InfuSystem's gross margin was 56.0% in fiscal 2025: for every $100 of revenue, InfuSystem kept $56 after the direct cost of its products and services.
How fast is InfuSystem growing?
Revenue grew 8.1% a year on average over the last five fiscal years, from $97.4 million to $143.4 million.
What are InfuSystem's earnings per share?
InfuSystem earned $0.50 per diluted share in fiscal 2025, compared with $0.18 a year earlier.
When will InfuSystem report its next earnings?
InfuSystem is expected to report results for the quarter ending September 30, 2026 on November 3, 2026 before the market opens.
When does InfuSystem's fiscal year end?
InfuSystem's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 27, 2026.