NACCO Industries, Inc. (NC) Income Statement
NC 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsNC revenue and net income
Where NC's revenue goes
2025Each bar shows an amount and its share of revenue. NC kept 6.3% of revenue as net income.
NC profit margins
NC growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +16.6% | +4.7% | +16.6% | −11.3% |
| Gross profit | +26.8% | −17.8% | +17.3% | −14.4% |
| Operating income | −212.4% | — | — | — |
| Net income | −47.9% | −38.1% | +3.5% | −2.2% |
| EPS (diluted) | −37.0% | −34.1% | +6.4% | −1.0% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
NC quarterly EPS vs estimates
NACCO Industries beat the analyst EPS estimate in 3 of the last 3 quarters. Next report: November 4, 2026.
NC income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $277.2M | $237.7M | $214.8M | $241.7M | $191.8M | $128.4M | $141.0M | $135.4M | $104.8M | $856.4M |
| Cost of revenue | $239.5M | $208.0M | $200.2M | $173.9M | $148.4M | $111.5M | $109.9M | $105.4M | $87.9M | $650.6M |
| Gross profit | $37.7M | $29.8M | $14.6M | $67.8M | $43.5M | $17.0M | $31.1M | $30.0M | $16.9M | $205.9M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $9.7M |
| Sales, general & admin | $77.9M | $69.8M | $61.2M | $49.9M | $45.4M | $53.1M | $53.8M | $49.2M | $47.5M | $197.9M |
| Total operating expenses | $77.9M | −$5.9M | $84.7M | −$2.1M | $60.6M | $3.5M | −$7.7M | $53.5M | $51.2M | $201.6M |
| Operating income | −$40.1M | $35.7M | −$70.1M | $70.0M | $55.4M | $13.4M | $38.8M | $43.6M | $32.8M | $41.7M |
| Interest income | $3.1M | $4.4M | $5.3M | $1.3M | $2.2M | $1.2M | $3.6M | $722,000 | $2.2M | $3.1M |
| Interest expense | $5.8M | $5.6M | $2.5M | $2.0M | $1.7M | $1.4M | $872,000 | $2.0M | $3.4M | $4.3M |
| Income before taxes | $13.1M | $33.6M | −$64.2M | $87.7M | $56.9M | $14.3M | $43.4M | $42.2M | $29.1M | $34.5M |
| Income taxes | −$4.4M | −$95,000 | −$24.6M | $13.6M | $8.7M | −$535,000 | $3.8M | $7.4M | $639,000 | $4.9M |
| Net income | $17.6M | $33.7M | −$39.6M | $74.2M | $48.1M | $14.8M | $39.6M | $34.8M | $30.3M | $29.6M |
| EBITDA | $44.2M | $63.9M | −$32.3M | $116.6M | $58.6M | $33.7M | $60.5M | −$8.1M | $45.3M | $10.7M |
| EPS (diluted) | $2.88 | $4.57 | −$5.29 | $10.08 | $6.70 | $2.11 | $5.67 | $5.00 | $4.88 | $0.72 |
| Gross margin | 13.6% | 12.5% | 6.8% | 28.1% | 22.6% | 13.2% | 22.1% | 22.1% | 16.1% | 24.0% |
| Operating margin | −14.5% | 15.0% | −32.7% | 29.0% | 28.9% | 10.5% | 27.5% | 32.2% | 31.3% | 4.9% |
| Net margin | 6.3% | 14.2% | −18.4% | 30.7% | 25.1% | 11.5% | 28.1% | 25.7% | 29.0% | 3.5% |
| 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 | $72.3M | $62.8M | $66.8M | $76.6M | $68.2M | $65.6M | $70.4M | $61.7M | $52.3M | $53.3M | $56.8M | $46.5M |
| Cost of revenue | $57.1M | $48.6M | $54.9M | $66.8M | $61.7M | $56.1M | $61.9M | $54.4M | $45.3M | $46.3M | $50.5M | $48.7M |
| Gross profit | $15.2M | $14.1M | $11.9M | $9.8M | $6.6M | $9.5M | $8.5M | $7.2M | $7.0M | $7.0M | $6.3M | −$2.2M |
| Sales, general & admin | $19.2M | $19.7M | $20.7M | $19.5M | $19.8M | $17.9M | $20.1M | $16.5M | $17.7M | $15.5M | $19.9M | $16.1M |
| Total operating expenses | $17.5M | $19.7M | $20.7M | $19.5M | $19.8M | $17.9M | $4.6M | −$12.5M | −$348,000 | $2.3M | $19.9M | $4.1M |
| Operating income | −$2.3M | −$5.6M | −$8.8M | −$9.7M | −$13.2M | −$8.4M | $3.9M | $19.7M | $7.4M | $4.8M | −$13.6M | −$6.3M |
| Interest income | $633,000 | $595,000 | $709,000 | $708,000 | $770,000 | $865,000 | $1.2M | $1.1M | $1.0M | $1.1M | $1.5M | $496,000 |
| Interest expense | $1.6M | $1.7M | $949,000 | $1.1M | $1.9M | $1.8M | $1.8M | $1.4M | $1.3M | $1.1M | $711,000 | $632,000 |
| Income before taxes | −$3.2M | $9.8M | $66,000 | $6.0M | $2.0M | $5.1M | $2.7M | $19.1M | $6.2M | $5.6M | −$65.9M | −$5.8M |
| Income taxes | −$2.2M | $991,000 | $3.9M | −$7.3M | −$1.3M | $227,000 | −$4.9M | $3.5M | $256,000 | $1.0M | −$22.0M | −$2.0M |
| Net income | −$963,000 | $8.8M | −$3.8M | $13.3M | $3.3M | $4.9M | $7.6M | $15.6M | $6.0M | $4.6M | −$44.0M | −$3.8M |
| EBITDA | $3.8M | $17.0M | $7.2M | $13.2M | $10.0M | $13.7M | $10.2M | $26.8M | $14.5M | $12.4M | −$57.3M | $2.1M |
| EPS (diluted) | −$0.13 | $0.00 | $0.00 | $1.78 | $0.44 | $0.66 | $1.02 | $2.14 | $0.81 | $0.61 | −$5.88 | −$0.51 |
| Gross margin | 21.0% | 22.5% | 17.7% | 12.8% | 9.6% | 14.5% | 12.0% | 11.7% | 13.4% | 13.2% | 11.1% | −4.7% |
| Operating margin | −3.1% | −8.9% | −13.2% | −12.7% | −19.3% | −12.8% | 5.5% | 31.9% | 14.1% | 8.9% | −23.9% | −13.5% |
| Net margin | −1.3% | 14.1% | −5.8% | 17.3% | 4.8% | 7.5% | 10.7% | 25.4% | 11.4% | 8.6% | −77.5% | −8.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in NC's financial statements (latest annual report filed March 4, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
NC financial results
In fiscal year 2025 (ended December 31, 2025), NACCO Industries reported revenue of $277.2 million, up 16.6% from the year before. It had net income of $17.6 million (down 47.9%), a net profit margin of 6.3%. Diluted earnings per share came to $2.88. Over five years revenue grew at an average rate of 16.6% a year.
See the NC stock overview for the latest quote and news, or the NC chart for price history and technical indicators.
NC income statement FAQ
What is NACCO Industries's annual revenue?
NACCO Industries reported total revenue of $277.2 million for fiscal year 2025, which ended on December 31, 2025. That was up 16.6% from $237.7 million the previous year.
Is NACCO Industries profitable?
Yes. NACCO Industries reported net income of $17.6 million in fiscal 2025, a net profit margin of 6.3%; its operating margin was −14.5%.
What is NACCO Industries's gross margin?
NACCO Industries's gross margin was 13.6% in fiscal 2025: for every $100 of revenue, NACCO Industries kept $14 after the direct cost of its products and services.
How fast is NACCO Industries growing?
Revenue grew 16.6% a year on average over the last five fiscal years, from $128.4 million to $277.2 million.
What are NACCO Industries's earnings per share?
NACCO Industries earned $2.88 per diluted share in fiscal 2025, compared with $4.57 a year earlier.
When will NACCO Industries report its next earnings?
NACCO Industries is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 after the market closes.
When does NACCO Industries's fiscal year end?
NACCO Industries's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 4, 2026.