Nordson Corporation (NDSN) Income Statement
NDSN FY2025 at a glance
Fiscal year ended October 31, 2025 · U.S. dollarsNDSN revenue and net income
Where NDSN's revenue goes
FY2025Each bar shows an amount and its share of revenue. NDSN kept 17.4% of revenue as net income.
NDSN profit margins
NDSN growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +3.8% | +2.5% | +5.6% | +5.2% |
| Gross profit | +3.6% | +2.6% | +6.4% | +5.4% |
| Operating income | +7.5% | +1.0% | +15.7% | +8.6% |
| Net income | +3.7% | −1.9% | +14.2% | +8.7% |
| EPS (diluted) | +5.1% | +2.8% | +13.3% | +11.0% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
NDSN quarterly EPS vs estimates
Nordson beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: December 9, 2026 (estimate $3.46).
NDSN income statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.79B | $2.69B | $2.63B | $2.59B | $2.36B | $2.12B | $2.19B | $2.25B | $2.07B | $1.81B |
| Cost of revenue | $1.25B | $1.20B | $1.20B | $1.16B | $1.04B | $990.6M | $1.00B | $1.02B | $928.0M | $815.5M |
| Gross profit | $1.54B | $1.49B | $1.43B | $1.43B | $1.32B | $1.13B | $1.19B | $1.24B | $1.14B | $993.5M |
| Research & development | $68.2M | $65.0M | $71.4M | $52.5M | $59.4M | $63.6M | $60.0M | $58.8M | $52.5M | $46.2M |
| Sales, general & admin | $815.5M | $812.1M | $752.6M | $724.2M | $709.0M | $693.6M | $709.0M | $741.4M | $678.9M | $594.3M |
| Total operating expenses | $815.5M | $812.1M | $752.6M | $724.2M | $709.0M | $780.9M | $709.0M | $733.7M | $672.9M | $605.1M |
| Operating income | $724.3M | $674.0M | $672.8M | $702.4M | $615.1M | $349.5M | $483.1M | $502.6M | $466.4M | $388.4M |
| Interest income | $3.1M | $4.9M | $2.2M | $2.0M | $2.1M | $1.7M | $1.8M | $1.4M | $1.1M | $728,000 |
| Interest expense | $101.1M | $88.9M | $59.5M | $22.4M | $25.5M | $32.2M | $47.1M | $49.6M | $36.6M | $21.3M |
| Income before taxes | $597.6M | $585.5M | $615.3M | $649.3M | $574.2M | $301.5M | $431.1M | $448.5M | $420.3M | $368.5M |
| Income taxes | $113.2M | $118.2M | $127.8M | $136.2M | $119.8M | $52.0M | $94.0M | $71.1M | $124.5M | $96.7M |
| Net income | $484.5M | $467.3M | $487.5M | $513.1M | $454.4M | $249.5M | $337.1M | $377.4M | $295.8M | $271.8M |
| EBITDA | $849.3M | $810.6M | $786.7M | $771.6M | $703.5M | $447.0M | $588.5M | $606.5M | $547.7M | $460.1M |
| EPS (diluted) | $10.24 | $9.74 | $9.02 | $9.43 | $7.74 | $5.48 | $5.87 | $5.95 | $5.37 | $4.66 |
| Gross margin | 55.2% | 55.2% | 54.2% | 55.1% | 56.1% | 53.3% | 54.3% | 54.8% | 55.1% | 54.9% |
| Operating margin | 25.9% | 25.1% | 25.6% | 27.1% | 26.0% | 16.5% | 22.0% | 22.3% | 22.6% | 21.5% |
| Net margin | 17.4% | 17.4% | 18.5% | 19.8% | 19.2% | 11.8% | 15.4% | 16.7% | 14.3% | 15.0% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $817.7M | $740.8M | $669.5M | $751.8M | $741.5M | $682.9M | $615.4M | $744.5M | $661.6M | $650.6M | $633.2M | $719.3M |
| Cost of revenue | $363.9M | $336.8M | $303.3M | $328.4M | $335.0M | $309.0M | $279.5M | $341.7M | $292.6M | $284.8M | $284.8M | $335.2M |
| Gross profit | $453.7M | $404.1M | $366.1M | $423.5M | $406.5M | $373.9M | $335.9M | $402.8M | $369.0M | $365.9M | $348.4M | $384.1M |
| Research & development | — | — | — | — | — | — | — | $65.0M | — | — | — | $71.4M |
| Sales, general & admin | $230.6M | $206.9M | $199.7M | $208.9M | $206.5M | $205.2M | $194.9M | $188.0M | $201.9M | $197.3M | $189.0M | $199.1M |
| Total operating expenses | $230.6M | $206.9M | $199.7M | $208.9M | $218.8M | $205.2M | $194.9M | $223.9M | $201.9M | $197.3M | $189.0M | $199.1M |
| Operating income | $223.1M | $197.2M | $166.4M | $214.3M | $187.8M | $168.8M | $140.9M | $178.9M | $167.1M | $168.6M | $159.4M | $185.0M |
| Interest income | $464,000 | $362,000 | $390,000 | $997,000 | $560,000 | $553,000 | $941,000 | $1.3M | $1.0M | $1.6M | $1.0M | $1.1M |
| Interest expense | $26.2M | $21.9M | $26.8M | $39.6M | $26.3M | $26.6M | $26.6M | $28.6M | $18.8M | $20.1M | $21.4M | $27.0M |
| Income before taxes | $185.9M | $141.2M | $164.5M | $182.9M | $159.1M | $138.8M | $116.9M | $148.1M | $149.4M | $149.3M | $138.7M | $160.6M |
| Income taxes | $33.1M | $23.9M | $31.1M | $31.3M | $33.3M | $26.4M | $22.2M | $25.9M | $32.1M | $31.1M | $29.1M | $32.8M |
| Net income | $152.8M | $117.3M | $133.4M | $151.6M | $125.8M | $112.4M | $94.7M | $122.2M | $117.3M | $118.2M | $109.6M | $127.8M |
| EBITDA | $260.2M | $199.4M | $227.8M | $259.9M | $223.2M | $202.9M | $180.4M | $213.2M | $201.6M | $202.1M | $193.7M | $218.8M |
| EPS (diluted) | $3.25 | $2.86 | $2.37 | $3.03 | $2.73 | $2.42 | $2.06 | $2.78 | $2.41 | $2.34 | $2.21 | $2.46 |
| Gross margin | 55.5% | 54.5% | 54.7% | 56.3% | 54.8% | 54.7% | 54.6% | 54.1% | 55.8% | 56.2% | 55.0% | 53.4% |
| Operating margin | 27.3% | 26.6% | 24.9% | 28.5% | 25.3% | 24.7% | 22.9% | 24.0% | 25.3% | 25.9% | 25.2% | 25.7% |
| Net margin | 18.7% | 15.8% | 19.9% | 20.2% | 17.0% | 16.5% | 15.4% | 16.4% | 17.7% | 18.2% | 17.3% | 17.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in NDSN's financial statements (latest annual report filed December 17, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
NDSN financial results
In fiscal year 2025 (ended October 31, 2025), Nordson reported revenue of $2.8 billion, up 3.8% from the year before. It had net income of $484.5 million (up 3.7%), a net profit margin of 17.4%. Diluted earnings per share came to $10.24. Over five years revenue grew at an average rate of 5.6% a year.
See the NDSN stock overview for the latest quote and news, or the NDSN chart for price history and technical indicators.
NDSN income statement FAQ
What is Nordson's annual revenue?
Nordson reported total revenue of $2.8 billion for fiscal year 2025, which ended on October 31, 2025. That was up 3.8% from $2.7 billion the previous year.
Is Nordson profitable?
Yes. Nordson reported net income of $484.5 million in fiscal 2025, a net profit margin of 17.4%; its operating margin was 25.9%.
What is Nordson's gross margin?
Nordson's gross margin was 55.2% in fiscal 2025: for every $100 of revenue, Nordson kept $55 after the direct cost of its products and services.
How much does Nordson spend on research and development?
Nordson spent $68.2 million on research and development in fiscal 2025, 2.4% of revenue.
How fast is Nordson growing?
Revenue grew 5.6% a year on average over the last five fiscal years, from $2.1 billion to $2.8 billion.
What are Nordson's earnings per share?
Nordson earned $10.24 per diluted share in fiscal 2025, compared with $9.74 a year earlier.
When will Nordson report its next earnings?
Nordson is expected to report results for the quarter ending October 31, 2026 on December 9, 2026 after the market closes.
When does Nordson's fiscal year end?
Nordson's fiscal year ends in October. The latest annual report covers the year ended October 31, 2025 and was filed on December 17, 2025.