Magyar Bancorp, Inc. (MGYR) Income Statement
MGYR FY2025 at a glance
Fiscal year ended September 30, 2025 · U.S. dollarsMGYR revenue and net income
Where MGYR's revenue goes
FY2025Each bar shows an amount and its share of revenue. MGYR kept 16.7% of revenue as net income.
MGYR profit margins
MGYR growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +12.1% | +21.9% | +15.6% | +10.7% |
| Gross profit | +12.0% | +6.2% | +10.7% | +7.7% |
| Operating income | +24.4% | +7.3% | +34.7% | +26.6% |
| Net income | +25.4% | +7.2% | +34.8% | +27.0% |
| EPS (diluted) | −23.4% | +10.3% | +32.8% | +24.9% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
MGYR quarterly EPS vs estimates
Magyar Bancorp beat the analyst EPS estimate in 1 of the last 1 quarters. Next report: October 29, 2026.
MGYR income statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $58.4M | $52.1M | $30.4M | $32.2M | $31.6M | $28.3M | $29.0M | $26.1M | $23.7M | $22.4M |
| Cost of revenue | $23.2M | $20.7M | $10.7M | $2.8M | $4.6M | $7.2M | $7.4M | $5.6M | $5.1M | $4.9M |
| Gross profit | $35.2M | $31.4M | $30.4M | $29.4M | $27.0M | $21.2M | $21.6M | $20.5M | $18.6M | $17.5M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $14.4M | $13.4M | $755,000 | $11.7M | $11.3M | $11.0M | $10.7M | $10.3M | $9.8M | $9.5M |
| Total operating expenses | $21.4M | $20.3M | −$19.7M | $18.3M | $18.3M | $18.0M | $17.3M | $17.0M | $16.2M | $15.7M |
| Operating income | $13.8M | $11.1M | $10.7M | $11.2M | $8.7M | $3.1M | $4.3M | $3.5M | $2.4M | $1.8M |
| Interest income | $54.7M | $48.6M | $38.1M | $29.5M | $28.5M | $26.9M | $27.1M | $24.4M | $22.0M | $20.5M |
| Interest expense | $22.8M | $20.6M | $10.3M | $2.5M | $2.9M | $5.5M | $6.7M | $4.6M | $3.8M | $3.5M |
| Income before taxes | $13.8M | $11.1M | $10.7M | $11.2M | $8.7M | $3.1M | $4.3M | $3.5M | $2.4M | $1.8M |
| Income taxes | $4.0M | $3.3M | $3.0M | $3.2M | $2.6M | $921,000 | $1.3M | $1.5M | $994,000 | $664,000 |
| Net income | $9.8M | $7.8M | $7.7M | $7.9M | $6.1M | $2.2M | $3.0M | $2.0M | $1.4M | $1.1M |
| EBITDA | $14.7M | $12.0M | $10.7M | $12.0M | $9.6M | $4.0M | $5.1M | $4.4M | $3.2M | $2.5M |
| EPS (diluted) | $1.57 | $2.05 | $1.20 | $1.17 | $1.01 | $0.38 | $0.51 | $0.41 | $0.23 | $0.19 |
| Gross margin | 60.3% | 60.3% | 100.0% | 91.3% | 85.5% | 74.7% | 74.5% | 78.4% | 78.4% | 78.1% |
| Operating margin | 23.6% | 21.3% | 35.3% | 34.7% | 27.6% | 11.0% | 14.7% | 13.4% | 10.2% | 7.8% |
| Net margin | 16.7% | 14.9% | 25.3% | 24.6% | 19.4% | 7.7% | 10.3% | 7.8% | 6.0% | 4.9% |
| 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 | $16.1M | $15.8M | $15.4M | $15.1M | $14.6M | $14.8M | $13.9M | $14.7M | $12.7M | $12.5M | $12.1M | $11.6M |
| Cost of revenue | $6.2M | $6.0M | $5.7M | $6.1M | $5.9M | $5.6M | $5.6M | $5.4M | $5.5M | $5.0M | $4.8M | $3.6M |
| Gross profit | $9.9M | $9.8M | $9.6M | $9.0M | $8.7M | $9.2M | $8.3M | $9.3M | $7.2M | $7.5M | $7.3M | $8.0M |
| Sales, general & admin | $266,000 | $295,000 | $4.2M | $3.7M | $3.5M | $3.7M | $3.5M | $3.5M | $3.3M | $3.4M | $3.3M | $3.3M |
| Total operating expenses | $5.5M | $5.6M | $5.4M | $5.4M | $5.2M | $5.4M | $5.4M | $5.2M | $5.1M | $5.1M | $5.0M | $5.2M |
| Operating income | $4.4M | $4.3M | $4.3M | $3.7M | $3.5M | $3.8M | $2.9M | $4.1M | $2.2M | $2.4M | $2.4M | $2.9M |
| Interest income | $15.3M | $15.0M | $14.6M | $14.3M | $14.0M | $13.5M | $12.9M | $12.8M | $12.3M | $11.9M | $11.6M | $10.6M |
| Interest expense | $5.8M | $5.7M | $5.7M | $5.9M | $5.8M | $5.6M | $5.5M | $5.7M | $5.5M | $5.0M | $4.3M | $3.6M |
| Income before taxes | $4.4M | $4.3M | $4.3M | $3.7M | $3.5M | $3.8M | $2.9M | $4.1M | $2.2M | $2.4M | $2.4M | $2.9M |
| Income taxes | $1.3M | $1.2M | $1.1M | $1.1M | $1.0M | $1.1M | $805,000 | $1.6M | $501,000 | $526,000 | $700,000 | $674,000 |
| Net income | $3.1M | $3.0M | $3.1M | $2.5M | $2.5M | $2.7M | $2.1M | $2.5M | $1.7M | $1.9M | $1.7M | $2.2M |
| EBITDA | $4.6M | $4.5M | $4.5M | $3.9M | $3.7M | $4.0M | $3.1M | $4.4M | $2.4M | $2.6M | $2.6M | $3.1M |
| EPS (diluted) | $0.49 | $0.48 | $0.50 | $0.40 | $0.40 | $0.43 | $0.33 | $1.23 | $0.27 | $0.30 | $0.26 | $0.34 |
| Gross margin | 61.5% | 62.2% | 62.7% | 59.6% | 59.6% | 62.0% | 59.9% | 63.4% | 56.9% | 60.0% | 60.4% | 69.3% |
| Operating margin | 27.1% | 27.0% | 27.9% | 24.2% | 23.8% | 25.5% | 20.8% | 28.0% | 17.2% | 19.3% | 19.4% | 24.7% |
| Net margin | 19.2% | 19.2% | 20.4% | 16.7% | 16.9% | 18.1% | 15.0% | 17.3% | 13.3% | 15.1% | 13.6% | 18.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in MGYR's financial statements (latest annual report filed December 19, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
MGYR financial results
In fiscal year 2025 (ended September 30, 2025), Magyar Bancorp reported revenue of $58.4 million, up 12.1% from the year before. It had net income of $9.8 million (up 25.4%), a net profit margin of 16.7%. Diluted earnings per share came to $1.57. Over five years revenue grew at an average rate of 15.6% a year.
See the MGYR stock overview for the latest quote and news, or the MGYR chart for price history and technical indicators.
MGYR income statement FAQ
What is Magyar Bancorp's annual revenue?
Magyar Bancorp reported total revenue of $58.4 million for fiscal year 2025, which ended on September 30, 2025. That was up 12.1% from $52.1 million the previous year.
Is Magyar Bancorp profitable?
Yes. Magyar Bancorp reported net income of $9.8 million in fiscal 2025, a net profit margin of 16.7%; its operating margin was 23.6%.
What is Magyar Bancorp's gross margin?
Magyar Bancorp's gross margin was 60.3% in fiscal 2025: for every $100 of revenue, Magyar Bancorp kept $60 after the direct cost of its products and services.
How fast is Magyar Bancorp growing?
Revenue grew 15.6% a year on average over the last five fiscal years, from $28.3 million to $58.4 million.
What are Magyar Bancorp's earnings per share?
Magyar Bancorp earned $1.57 per diluted share in fiscal 2025, compared with $2.05 a year earlier.
When will Magyar Bancorp report its next earnings?
Magyar Bancorp is expected to report results for the quarter ending September 30, 2026 on October 29, 2026.
When does Magyar Bancorp's fiscal year end?
Magyar Bancorp's fiscal year ends in September. The latest annual report covers the year ended September 30, 2025 and was filed on December 19, 2025.