Mettler-Toledo International Inc. (MTD) Income Statement
MTD 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsMTD revenue and net income
Where MTD's revenue goes
2025Each bar shows an amount and its share of revenue. MTD kept 21.6% of revenue as net income.
MTD profit margins
MTD growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +4.0% | +0.9% | +5.5% | +5.3% |
| Gross profit | +6.1% | +2.2% | +6.5% | +6.0% |
| Operating income | −0.8% | −0.2% | +7.4% | +8.1% |
| Net income | +0.7% | −0.1% | +7.6% | +9.4% |
| EPS (diluted) | +4.0% | +2.7% | +10.8% | +12.7% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
MTD quarterly EPS vs estimates
Mettler-Toledo beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: November 5, 2026 (estimate $12.12).
MTD income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.03B | $3.87B | $3.79B | $3.92B | $3.72B | $3.09B | $3.01B | $2.94B | $2.73B | $2.51B |
| Cost of revenue | $1.64B | $1.62B | $1.55B | $1.68B | $1.61B | $1.34B | $1.32B | $1.30B | $1.19B | $1.12B |
| Gross profit | $2.39B | $2.25B | $2.24B | $2.24B | $2.11B | $1.74B | $1.69B | $1.64B | $1.53B | $1.39B |
| Research & development | $199.4M | $189.4M | $185.3M | $177.1M | $169.8M | $140.1M | $143.9M | $141.1M | $128.3M | $119.2M |
| Sales, general & admin | $998.3M | $936.3M | $908.3M | $938.5M | $944.0M | $820.2M | $819.2M | $812.8M | $787.5M | $732.6M |
| Total operating expenses | $1.27B | $1.13B | $1.09B | $1.12B | $1.11B | $960.3M | $963.1M | $953.9M | $923.2M | $852.6M |
| Operating income | $1.12B | $1.13B | $1.15B | $1.13B | $994.7M | $784.0M | $728.4M | $683.0M | $609.9M | $540.2M |
| Interest expense | $68.5M | $74.6M | $77.4M | $55.4M | $43.2M | $38.6M | $37.4M | $34.5M | $32.8M | $28.0M |
| Income before taxes | $1.05B | $1.04B | $973.7M | $1.07B | $949.4M | $748.7M | $681.4M | $651.9M | $574.2M | $504.2M |
| Income taxes | $179.7M | $174.1M | $184.9M | $198.1M | $180.4M | $146.0M | $120.3M | $139.2M | $198.2M | $119.8M |
| Net income | $869.2M | $863.1M | $788.8M | $872.5M | $769.0M | $602.7M | $561.1M | $512.6M | $376.0M | $384.4M |
| EBITDA | $1.24B | $1.25B | $1.15B | $1.24B | $1.10B | $882.8M | $817.1M | $767.7M | $686.0M | $609.0M |
| EPS (diluted) | $42.79 | $41.16 | $38.08 | $39.54 | $33.91 | $25.57 | $22.81 | $20.36 | $17.59 | $14.85 |
| Gross margin | 59.4% | 58.2% | 59.2% | 57.2% | 56.7% | 56.5% | 56.2% | 55.8% | 56.3% | 55.5% |
| Operating margin | 27.8% | 29.1% | 30.4% | 28.7% | 26.8% | 25.4% | 24.2% | 23.3% | 22.4% | 21.5% |
| Net margin | 21.6% | 22.3% | 20.8% | 22.3% | 20.7% | 19.5% | 18.6% | 17.5% | 13.8% | 15.3% |
| 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 | $1.03B | $947.1M | $1.13B | $1.03B | $983.2M | $883.7M | $1.05B | $954.5M | $946.8M | $925.9M | $935.0M | $942.5M |
| Cost of revenue | $396.5M | $410.9M | $474.0M | $440.3M | $403.3M | $375.1M | $424.0M | $400.3M | $399.3M | $396.0M | $401.4M | $401.2M |
| Gross profit | $630.8M | $536.2M | $655.8M | $589.4M | $579.9M | $508.7M | $621.1M | $554.2M | $547.5M | $529.9M | $533.6M | $541.2M |
| Research & development | $53.0M | $51.3M | $52.6M | $51.1M | $49.3M | $46.3M | $50.1M | $47.1M | $45.8M | $46.4M | $46.4M | $46.1M |
| Sales, general & admin | $263.3M | $258.3M | $259.8M | $248.4M | $247.3M | $242.8M | $237.3M | $228.8M | $235.8M | $234.4M | $223.4M | $217.4M |
| Total operating expenses | $316.3M | $309.6M | $312.4M | $299.5M | $314.2M | $289.1M | $287.4M | $275.9M | $281.6M | $280.8M | $269.9M | $263.6M |
| Operating income | $314.5M | $226.6M | $343.3M | $289.9M | $265.7M | $219.5M | $333.7M | $278.3M | $265.9M | $249.1M | $263.7M | $277.7M |
| Interest expense | $17.2M | $17.0M | $17.4M | $17.7M | $16.8M | $16.7M | $17.9M | $18.6M | $18.9M | $19.2M | $19.7M | $20.3M |
| Income before taxes | $289.4M | $209.7M | $329.1M | $269.2M | $248.7M | $201.9M | $314.5M | $259.0M | $243.2M | $220.5M | $232.6M | $251.2M |
| Income taxes | $56.5M | $40.2M | $43.3M | $51.7M | $46.3M | $38.4M | $62.2M | $47.4M | $21.4M | $43.0M | $47.8M | $49.5M |
| Net income | $232.9M | $169.5M | $285.8M | $217.5M | $202.3M | $163.6M | $252.3M | $211.5M | $221.8M | $177.5M | $184.8M | $201.6M |
| EBITDA | $347.2M | $259.4M | $376.1M | $322.6M | $295.9M | $249.2M | $364.6M | $309.4M | $296.5M | $279.9M | $294.3M | $308.2M |
| EPS (diluted) | $11.46 | $8.91 | $13.36 | $11.15 | $10.09 | $8.19 | $12.41 | $10.21 | $9.65 | $8.89 | $9.40 | $9.80 |
| Gross margin | 61.4% | 56.6% | 58.0% | 57.2% | 59.0% | 57.6% | 59.4% | 58.1% | 57.8% | 57.2% | 57.1% | 57.4% |
| Operating margin | 30.6% | 23.9% | 30.4% | 28.2% | 27.0% | 24.8% | 31.9% | 29.2% | 28.1% | 26.9% | 28.2% | 29.5% |
| Net margin | 22.7% | 17.9% | 25.3% | 21.1% | 20.6% | 18.5% | 24.1% | 22.2% | 23.4% | 19.2% | 19.8% | 21.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in MTD's financial statements (latest annual report filed February 6, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
MTD financial results
In fiscal year 2025 (ended December 31, 2025), Mettler-Toledo reported revenue of $4.0 billion, up 4.0% from the year before. It had net income of $869.2 million (up 0.7%), a net profit margin of 21.6%. Diluted earnings per share came to $42.79. Over five years revenue grew at an average rate of 5.5% a year.
See the MTD stock overview for the latest quote and news, or the MTD chart for price history and technical indicators.
MTD income statement FAQ
What is Mettler-Toledo's annual revenue?
Mettler-Toledo reported total revenue of $4.0 billion for fiscal year 2025, which ended on December 31, 2025. That was up 4.0% from $3.9 billion the previous year.
Is Mettler-Toledo profitable?
Yes. Mettler-Toledo reported net income of $869.2 million in fiscal 2025, a net profit margin of 21.6%; its operating margin was 27.8%.
What is Mettler-Toledo's gross margin?
Mettler-Toledo's gross margin was 59.4% in fiscal 2025: for every $100 of revenue, Mettler-Toledo kept $59 after the direct cost of its products and services.
How much does Mettler-Toledo spend on research and development?
Mettler-Toledo spent $199.4 million on research and development in fiscal 2025, 5.0% of revenue.
How fast is Mettler-Toledo growing?
Revenue grew 5.5% a year on average over the last five fiscal years, from $3.1 billion to $4.0 billion.
What are Mettler-Toledo's earnings per share?
Mettler-Toledo earned $42.79 per diluted share in fiscal 2025, compared with $41.16 a year earlier.
When will Mettler-Toledo report its next earnings?
Mettler-Toledo is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 after the market closes.
When does Mettler-Toledo's fiscal year end?
Mettler-Toledo's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 6, 2026.