REX American Resources Corporation (REX) Income Statement
REX FY2026 at a glance
Fiscal year ended January 31, 2026 · U.S. dollarsREX revenue and net income
Where REX's revenue goes
FY2026Each bar shows an amount and its share of revenue. REX kept 12.8% of revenue as net income.
REX profit margins
REX growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +1.2% | −8.7% | +11.8% | +4.1% |
| Gross profit | +2.4% | +24.5% | +36.8% | +6.3% |
| Operating income | −5.0% | +33.3% | +100.3% | +7.0% |
| Net income | +42.6% | +44.1% | +94.2% | +10.2% |
| EPS (diluted) | +28.1% | +35.0% | — | +16.4% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
REX quarterly EPS vs estimates
REX American Resources beat the analyst EPS estimate in 6 of the last 7 quarters. Next report: December 3, 2026 (estimate $0.27).
REX income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $650.5M | $642.5M | $833.4M | $855.0M | $774.8M | $372.7M | $418.0M | $486.7M | $452.6M | $453.8M |
| Cost of revenue | $556.8M | $551.0M | $735.2M | $806.4M | $677.2M | $353.1M | $407.8M | $456.5M | $408.4M | $382.8M |
| Gross profit | $93.7M | $91.5M | $98.2M | $48.6M | $97.6M | $19.5M | $10.3M | $30.2M | $44.2M | $71.0M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $32.6M | $27.1M | $29.4M | $22.1M | $28.5M | $17.6M | $19.5M | $20.6M | $24.1M | $21.4M |
| Total operating expenses | $32.6M | $27.1M | $29.4M | $22.8M | $28.5M | $17.7M | $19.3M | $20.6M | $24.1M | $21.4M |
| Operating income | $61.1M | $64.3M | $68.8M | $25.8M | $69.1M | $1.9M | −$9.0M | $9.7M | $20.8M | $49.7M |
| Interest income | $15.0M | $19.2M | $15.7M | $13.0M | $130,000 | $1.8M | $4.1M | $3.5M | $2.3M | $596,000 |
| Interest expense | — | — | — | $11.5M | $130,000 | $299,000 | $1.4M | $0 | $13,000 | $192,000 |
| Income before taxes | $88.6M | $92.9M | $98.5M | $47.5M | $75.8M | $4.2M | −$1.2M | $14.6M | $25.4M | $56.9M |
| Income taxes | −$6.5M | $21.4M | $22.6M | $9.5M | $19.0M | −$546,000 | −$12.8M | −$22.9M | −$19.5M | $17.4M |
| Net income | $83.0M | $58.2M | $60.9M | $27.7M | $52.4M | $3.0M | $7.4M | $31.6M | $39.7M | $32.3M |
| EBITDA | $105.3M | $114.6M | $121.5M | $70.8M | $99.4M | $25.4M | $28.1M | $34.5M | $44.1M | $69.2M |
| EPS (diluted) | $2.51 | $1.96 | $2.32 | $1.02 | $2.00 | −$0.05 | $0.18 | $2.72 | $1.24 | $2.44 |
| Gross margin | 14.4% | 14.2% | 11.8% | 5.7% | 12.6% | 5.2% | 2.5% | 6.2% | 9.8% | 15.7% |
| Operating margin | 9.4% | 10.0% | 8.3% | 3.0% | 8.9% | 0.5% | −2.1% | 2.0% | 4.6% | 10.9% |
| Net margin | 12.8% | 9.1% | 7.3% | 3.2% | 6.8% | 0.8% | 1.8% | 6.5% | 8.8% | 7.1% |
| 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 | $186.9M | $164.0M | $158.0M | $175.6M | $158.6M | $158.3M | $158.2M | $174.9M | $148.2M | $161.2M | $188.5M | $221.1M |
| Cost of revenue | $133.6M | $135.0M | $129.0M | $139.5M | $144.2M | $144.0M | $140.7M | $135.2M | $128.4M | $146.8M | $156.5M | $181.8M |
| Gross profit | $53.3M | $29.1M | $28.9M | $36.1M | $14.3M | $14.3M | $17.6M | $39.7M | $19.8M | $14.5M | $32.0M | $39.3M |
| Sales, general & admin | $15.6M | $9.7M | $12.3M | $8.2M | $6.2M | $5.9M | $6.2M | $8.4M | $6.4M | $6.1M | $7.4M | $7.6M |
| Total operating expenses | $15.6M | $9.7M | $12.3M | $8.2M | $6.2M | $5.9M | $6.2M | $8.4M | $6.4M | $6.1M | $7.4M | $7.6M |
| Operating income | $37.7M | $19.3M | $16.7M | $27.9M | $8.1M | $8.4M | $11.4M | $31.3M | $13.3M | $8.3M | $24.6M | $31.7M |
| Interest income | $3.2M | $3.2M | $4.5M | $3.2M | $3.1M | $4.2M | $4.2M | $4.6M | $4.4M | $5.9M | $4.8M | $4.9M |
| Interest expense | — | — | — | — | — | — | — | — | — | — | $7.8M | — |
| Income before taxes | $48.1M | $26.1M | $27.4M | $35.5M | $12.1M | $13.6M | $17.9M | $39.5M | $19.5M | $16.0M | $32.5M | $41.3M |
| Income taxes | $7.5M | $4.4M | −$20.2M | $8.0M | $2.8M | $3.0M | $3.8M | $9.4M | $4.5M | $3.7M | $7.2M | $9.6M |
| Net income | $34.9M | $18.5M | $43.7M | $23.4M | $7.1M | $8.7M | $11.1M | $24.5M | $12.4M | $10.2M | $20.6M | $26.1M |
| EBITDA | $53.0M | $31.1M | $28.3M | $41.5M | $17.9M | $18.6M | $23.0M | $44.2M | $25.6M | $14.2M | $38.4M | $46.8M |
| EPS (diluted) | $1.06 | $0.56 | $1.32 | $0.71 | $0.22 | $0.26 | $0.63 | $0.69 | $0.35 | $0.29 | $1.16 | $0.75 |
| Gross margin | 28.5% | 17.7% | 18.3% | 20.6% | 9.0% | 9.1% | 11.1% | 22.7% | 13.3% | 9.0% | 17.0% | 17.8% |
| Operating margin | 20.2% | 11.8% | 10.5% | 15.9% | 5.1% | 5.3% | 7.2% | 17.9% | 9.0% | 5.1% | 13.0% | 14.3% |
| Net margin | 18.7% | 11.2% | 27.7% | 13.3% | 4.5% | 5.5% | 7.0% | 14.0% | 8.4% | 6.3% | 10.9% | 11.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in REX's financial statements (latest annual report filed March 30, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
REX financial results
In fiscal year 2026 (ended January 31, 2026), REX American Resources reported revenue of $650.5 million, up 1.2% from the year before. It had net income of $83.0 million (up 42.6%), a net profit margin of 12.8%. Diluted earnings per share came to $2.51. Over five years revenue grew at an average rate of 11.8% a year.
See the REX stock overview for the latest quote and news, or the REX chart for price history and technical indicators.
REX income statement FAQ
What is REX American Resources's annual revenue?
REX American Resources reported total revenue of $650.5 million for fiscal year 2026, which ended on January 31, 2026. That was up 1.2% from $642.5 million the previous year.
Is REX American Resources profitable?
Yes. REX American Resources reported net income of $83.0 million in fiscal 2026, a net profit margin of 12.8%; its operating margin was 9.4%.
What is REX American Resources's gross margin?
REX American Resources's gross margin was 14.4% in fiscal 2026: for every $100 of revenue, REX American Resources kept $14 after the direct cost of its products and services.
How fast is REX American Resources growing?
Revenue grew 11.8% a year on average over the last five fiscal years, from $372.7 million to $650.5 million.
What are REX American Resources's earnings per share?
REX American Resources earned $2.51 per diluted share in fiscal 2026, compared with $1.96 a year earlier.
When will REX American Resources report its next earnings?
REX American Resources is expected to report results for the quarter ending October 31, 2026 on December 3, 2026 before the market opens.
When does REX American Resources's fiscal year end?
REX American Resources's fiscal year ends in January. The latest annual report covers the year ended January 31, 2026 and was filed on March 30, 2026.