Moog Inc. (MOG-A) Income Statement
MOG-A FY2025 at a glance
Fiscal year ended September 30, 2025 · U.S. dollarsMOG-A revenue and net income
Where MOG-A's revenue goes
FY2025Each bar shows an amount and its share of revenue. MOG-A kept 6.1% of revenue as net income.
MOG-A profit margins
MOG-A growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +7.0% | +8.3% | +6.0% | +4.3% |
| Gross profit | +6.1% | +12.4% | +7.3% | +3.7% |
| Operating income | +5.3% | +16.0% | +11.8% | +5.8% |
| Net income | +13.4% | +14.8% | +91.2% | +5.9% |
| EPS (diluted) | +10.8% | +15.7% | +13.1% | +8.6% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
MOG-A quarterly EPS vs estimates
Moog beat the analyst EPS estimate in 8 of the last 8 quarters.
MOG-A income statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.86B | $3.61B | $3.32B | $3.04B | $2.85B | $2.88B | $2.90B | $2.71B | $2.50B | $2.41B |
| Cost of revenue | $2.80B | $2.61B | $2.51B | $2.29B | $2.15B | $2.14B | $2.09B | $1.94B | $1.77B | $1.70B |
| Gross profit | $1.06B | $996.9M | $811.0M | $745.5M | $697.4M | $743.7M | $815.8M | $773.0M | $731.5M | $711.6M |
| Research & development | $93.7M | $112.8M | $27.9M | $34.3M | $48.9M | $110.9M | $126.5M | $130.2M | $144.6M | $147.3M |
| Sales, general & admin | $554.0M | $494.9M | $469.8M | $448.5M | $412.0M | $397.9M | $404.7M | $393.8M | $356.1M | $340.0M |
| Total operating expenses | $647.6M | $607.7M | $497.7M | $482.8M | $460.9M | $508.8M | $531.1M | $523.9M | $500.8M | $487.3M |
| Operating income | $409.7M | $389.3M | $313.3M | $262.7M | $236.5M | $234.9M | $273.0M | $249.0M | $230.7M | $224.3M |
| Interest expense | $72.1M | $62.1M | $63.6M | $36.8M | $33.9M | $38.9M | $39.3M | $36.2M | $34.6M | $34.6M |
| Income before taxes | $312.6M | $267.8M | $216.1M | $203.0M | $203.8M | $5.4M | $233.8M | $183.8M | $181.7M | $172.9M |
| Income taxes | $77.6M | $60.6M | $45.1M | $47.8M | $46.6M | −$3.8M | $54.0M | $87.2M | $41.3M | $49.2M |
| Net income | $235.0M | $207.2M | $171.0M | $155.2M | $157.2M | $9.2M | $174.5M | $95.2M | $141.3M | $126.7M |
| EBITDA | $488.5M | $423.0M | $369.9M | $328.1M | $327.8M | $131.3M | $358.3M | $336.0M | $320.9M | $306.7M |
| EPS (diluted) | $8.63 | $7.79 | $6.14 | $5.57 | $4.87 | $4.66 | $5.11 | $4.52 | $3.97 | $3.86 |
| Gross margin | 27.4% | 27.6% | 24.4% | 24.5% | 24.5% | 25.8% | 28.1% | 28.5% | 29.3% | 29.5% |
| Operating margin | 10.6% | 10.8% | 9.4% | 8.7% | 8.3% | 8.1% | 9.4% | 9.2% | 9.2% | 9.3% |
| Net margin | 6.1% | 5.7% | 5.2% | 5.1% | 5.5% | 0.3% | 6.0% | 3.5% | 5.7% | 5.3% |
| 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 | $1.12B | $1.05B | $1.10B | $1.05B | $971.4M | $934.8M | $910.3M | $919.4M | $904.7M | $930.3M | $856.9M | $872.1M |
| Cost of revenue | $769.3M | $777.8M | $806.1M | $758.9M | $705.5M | $678.8M | $668.0M | $658.8M | $673.7M | $663.5M | $623.7M | $650.2M |
| Gross profit | $347.2M | $274.1M | $294.2M | $290.2M | $265.8M | $256.0M | $242.3M | $260.6M | $231.0M | $266.8M | $233.2M | $221.9M |
| Research & development | $33.0M | $26.7M | $24.6M | $23.7M | $21.9M | $24.5M | $23.6M | $26.0M | $5.8M | $28.4M | $30.6M | $7.5M |
| Sales, general & admin | $136.3M | $136.3M | $149.0M | $154.3M | $138.8M | $133.1M | $127.8M | $124.8M | $126.4M | $125.0M | $118.7M | $118.0M |
| Total operating expenses | $184.0M | $164.0M | $173.6M | $175.8M | $160.7M | $157.6M | $151.4M | $152.4M | $132.1M | $153.3M | $149.3M | $125.6M |
| Operating income | $163.2M | $110.1M | $120.6M | $114.4M | $105.1M | $98.5M | $90.9M | $108.2M | $98.9M | $113.4M | $83.9M | $96.3M |
| Interest expense | $15.8M | $15.5M | $17.2M | $17.7M | $17.8M | $19.5M | $17.0M | $9.3M | $18.2M | $18.0M | $16.7M | $18.2M |
| Income before taxes | $137.4M | $108.8M | $101.2M | $89.8M | $78.0M | $73.6M | $68.6M | $54.8M | $70.9M | $78.7M | $62.6M | $49.1M |
| Income taxes | −$14.6M | $27.0M | $22.4M | $25.4M | $18.3M | $17.8M | $15.5M | $12.2M | $14.5M | $18.7M | $14.8M | $9.5M |
| Net income | $152.0M | $81.8M | $78.9M | $64.4M | $59.7M | $55.8M | $53.1M | $42.5M | $56.4M | $60.0M | $47.8M | $39.6M |
| EBITDA | $185.3M | $146.9M | $146.0M | $135.0M | $121.6M | $117.8M | $111.4M | $88.1M | $113.5M | $120.7M | $103.0M | $92.1M |
| EPS (diluted) | $3.72 | $2.64 | $2.63 | $2.56 | $2.37 | $1.92 | $1.78 | $2.16 | $1.91 | $2.19 | $1.53 | $2.10 |
| Gross margin | 31.1% | 26.1% | 26.7% | 27.7% | 27.4% | 27.4% | 26.6% | 28.3% | 25.5% | 28.7% | 27.2% | 25.4% |
| Operating margin | 14.6% | 10.5% | 11.0% | 10.9% | 10.8% | 10.5% | 10.0% | 11.8% | 10.9% | 12.2% | 9.8% | 11.0% |
| Net margin | 13.6% | 7.8% | 7.2% | 6.1% | 6.1% | 6.0% | 5.8% | 4.6% | 6.2% | 6.4% | 5.6% | 4.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in MOG-A's financial statements (latest annual report filed November 26, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
MOG-A financial results
In fiscal year 2025 (ended September 30, 2025), Moog reported revenue of $3.9 billion, up 7.0% from the year before. It had net income of $235.0 million (up 13.4%), a net profit margin of 6.1%. Diluted earnings per share came to $8.63. Over five years revenue grew at an average rate of 6.0% a year.
See the MOG-A stock overview for the latest quote and news, or the MOG-A chart for price history and technical indicators.
MOG-A income statement FAQ
What is Moog's annual revenue?
Moog reported total revenue of $3.9 billion for fiscal year 2025, which ended on September 30, 2025. That was up 7.0% from $3.6 billion the previous year.
Is Moog profitable?
Yes. Moog reported net income of $235.0 million in fiscal 2025, a net profit margin of 6.1%; its operating margin was 10.6%.
What is Moog's gross margin?
Moog's gross margin was 27.4% in fiscal 2025: for every $100 of revenue, Moog kept $27 after the direct cost of its products and services.
How much does Moog spend on research and development?
Moog spent $93.7 million on research and development in fiscal 2025, 2.4% of revenue.
How fast is Moog growing?
Revenue grew 6.0% a year on average over the last five fiscal years, from $2.9 billion to $3.9 billion.
What are Moog's earnings per share?
Moog earned $8.63 per diluted share in fiscal 2025, compared with $7.79 a year earlier.
When does Moog's fiscal year end?
Moog's fiscal year ends in September. The latest annual report covers the year ended September 30, 2025 and was filed on November 26, 2025.