Monro, Inc. (MNRO) Income Statement
MNRO FY2026 at a glance
Fiscal year ended March 31, 2026 · U.S. dollarsMNRO revenue and net income
Where MNRO's revenue goes
FY2026Each bar shows an amount and its share of revenue. MNRO kept 0.2% of revenue as net income.
MNRO profit margins
MNRO growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −3.2% | −4.4% | +0.6% | +2.1% |
| Gross profit | −3.0% | −3.9% | +0.5% | +0.5% |
| Operating income | −61.6% | −42.1% | −27.2% | −18.6% |
| Net income | — | −61.8% | −42.4% | −29.0% |
| EPS (diluted) | −12.2% | −31.9% | −17.7% | −14.3% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
MNRO quarterly EPS vs estimates
Monro beat the analyst EPS estimate in 3 of the last 8 quarters. Next report: November 4, 2026 (estimate $0.05).
MNRO income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.16B | $1.20B | $1.28B | $1.33B | $1.36B | $1.13B | $1.26B | $1.20B | $1.13B | $1.02B |
| Cost of revenue | $751.9M | $777.7M | $824.7M | $869.2M | $877.5M | $730.5M | $779.9M | $735.0M | $692.2M | $624.6M |
| Gross profit | $405.3M | $417.6M | $452.1M | $456.2M | $481.8M | $395.2M | $476.7M | $465.2M | $435.6M | $396.9M |
| Research & development | — | — | — | — | — | — | — | — | $0 | $0 |
| Sales, general & admin | — | — | $380.7M | $376.4M | $380.5M | $323.0M | $373.6M | $337.9M | $308.3M | $279.5M |
| Total operating expenses | $389.8M | $377.3M | $380.7M | $376.4M | $374.5M | $319.5M | $367.0M | $338.5M | $308.3M | $280.5M |
| Operating income | $15.5M | $40.3M | $71.4M | $79.8M | $107.3M | $75.7M | $109.7M | $126.7M | $127.3M | $116.4M |
| Interest income | — | — | — | — | — | — | — | — | $24.3M | — |
| Interest expense | $17.2M | $18.9M | $20.0M | $23.2M | $24.6M | $28.2M | $28.2M | $27.0M | $24.3M | $19.8M |
| Income before taxes | $3.1M | −$5.9M | $51.9M | $57.2M | $77.3M | $44.2M | $74.3M | $100.4M | $103.5M | $97.2M |
| Income taxes | $927,000 | −$731,000 | $14.3M | $18.1M | $15.7M | $9.9M | $16.2M | $20.6M | $39.5M | $35.7M |
| Net income | $2.2M | −$5.2M | $37.6M | $39.0M | $61.6M | $34.3M | $58.0M | $79.8M | $63.9M | $61.5M |
| EBITDA | $82.0M | $82.4M | $144.1M | $157.4M | $183.1M | $149.7M | $167.5M | $182.3M | $176.6M | $161.0M |
| EPS (diluted) | $0.43 | $0.49 | $1.32 | $1.36 | $1.86 | $1.14 | $1.98 | $2.42 | $2.06 | $1.85 |
| Gross margin | 35.0% | 34.9% | 35.4% | 34.4% | 35.4% | 35.1% | 37.9% | 38.8% | 38.6% | 38.9% |
| Operating margin | 1.3% | 3.4% | 5.6% | 6.0% | 7.9% | 6.7% | 8.7% | 10.6% | 11.3% | 11.4% |
| Net margin | 0.2% | −0.4% | 2.9% | 2.9% | 4.5% | 3.0% | 4.6% | 6.6% | 5.7% | 6.0% |
| 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 | $287.1M | $273.8M | $293.4M | $288.9M | $301.0M | $295.0M | $305.8M | $301.4M | $293.2M | $310.1M | $317.7M | $322.1M |
| Cost of revenue | $186.7M | $181.0M | $191.0M | $185.8M | $194.1M | $197.7M | $201.0M | $195.0M | $184.0M | $200.0M | $205.0M | $207.1M |
| Gross profit | $100.4M | $92.9M | $102.4M | $103.1M | $106.9M | $97.3M | $104.8M | $106.4M | $109.2M | $110.1M | $112.7M | $115.0M |
| Sales, general & admin | — | — | — | — | — | — | — | $93.2M | $95.9M | $99.7M | $91.3M | $92.6M |
| Total operating expenses | $96.7M | $89.7M | $83.8M | $90.4M | $113.0M | $95.8M | $94.8M | $93.2M | $94.5M | $99.7M | $91.3M | $92.6M |
| Operating income | $3.7M | $3.1M | $18.6M | $12.8M | −$6.1M | $1.4M | $10.0M | $13.2M | $14.7M | $10.3M | $21.4M | $22.4M |
| Interest expense | $4.6M | $4.1M | $4.0M | $4.3M | $4.8M | $4.4M | $4.2M | $5.1M | $5.1M | $5.0M | $5.0M | $4.8M |
| Income before taxes | −$2.0M | −$9.2M | $14.6M | $8.4M | −$10.7M | −$28.1M | $5.8M | $8.2M | $8.2M | $5.7M | $16.4M | $17.6M |
| Income taxes | $153,000 | −$2.6M | $3.4M | $2.8M | −$2.7M | −$6.8M | $1.2M | $2.5M | $2.3M | $2.0M | $4.2M | $4.7M |
| Net income | −$2.1M | −$6.6M | $11.1M | $5.7M | −$8.1M | −$21.3M | $4.6M | $5.6M | $5.9M | $3.7M | $12.2M | $12.9M |
| EBITDA | $18.3M | $10.4M | $33.9M | $28.1M | $9.7M | −$6.7M | $28.7M | $29.5M | $31.1M | $28.4M | $39.3M | $40.5M |
| EPS (diluted) | −$0.09 | −$0.16 | $0.16 | $0.21 | $0.22 | −$0.09 | $0.19 | $0.17 | $0.22 | $0.21 | $0.39 | $0.41 |
| Gross margin | 35.0% | 33.9% | 34.9% | 35.7% | 35.5% | 33.0% | 34.3% | 35.3% | 37.2% | 35.5% | 35.5% | 35.7% |
| Operating margin | 1.3% | 1.1% | 6.3% | 4.4% | −2.0% | 0.5% | 3.3% | 4.4% | 5.0% | 3.3% | 6.7% | 6.9% |
| Net margin | −0.7% | −2.4% | 3.8% | 2.0% | −2.7% | −7.2% | 1.5% | 1.9% | 2.0% | 1.2% | 3.8% | 4.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in MNRO's financial statements (latest annual report filed May 27, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
MNRO financial results
In fiscal year 2026 (ended March 31, 2026), Monro reported revenue of $1.2 billion, down 3.2% from the year before. It had net income of $2.2 million, a net profit margin of 0.2%. Diluted earnings per share came to $0.43. Over five years revenue grew at an average rate of 0.6% a year.
See the MNRO stock overview for the latest quote and news, or the MNRO chart for price history and technical indicators.
MNRO income statement FAQ
What is Monro's annual revenue?
Monro reported total revenue of $1.2 billion for fiscal year 2026, which ended on March 31, 2026. That was down 3.2% from $1.2 billion the previous year.
Is Monro profitable?
Yes. Monro reported net income of $2.2 million in fiscal 2026, a net profit margin of 0.2%; its operating margin was 1.3%.
What is Monro's gross margin?
Monro's gross margin was 35.0% in fiscal 2026: for every $100 of revenue, Monro kept $35 after the direct cost of its products and services.
How fast is Monro growing?
Revenue grew 0.6% a year on average over the last five fiscal years, from $1.1 billion to $1.2 billion.
What are Monro's earnings per share?
Monro earned $0.43 per diluted share in fiscal 2026, compared with $0.49 a year earlier.
When will Monro report its next earnings?
Monro is expected to report results for the quarter ending September 30, 2026 on November 4, 2026.
When does Monro's fiscal year end?
Monro's fiscal year ends in March. The latest annual report covers the year ended March 31, 2026 and was filed on May 27, 2026.