Snap-on Incorporated (SNA) Income Statement
SNA 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsSNA revenue and net income
Where SNA's revenue goes
2025Each bar shows an amount and its share of revenue. SNA kept 19.7% of revenue as net income.
SNA profit margins
SNA growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +0.9% | +2.1% | +7.5% | +4.4% |
| Gross profit | +0.5% | +2.9% | +8.8% | +4.9% |
| Operating income | −1.3% | +3.2% | +8.6% | +5.7% |
| Net income | −2.6% | +3.7% | +10.2% | +7.8% |
| EPS (diluted) | −0.8% | +4.5% | +10.5% | +9.0% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
SNA quarterly EPS vs estimates
Snap-on beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: October 22, 2026 (estimate $4.91).
SNA income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.16B | $5.11B | $5.11B | $4.84B | $4.60B | $3.59B | $3.73B | $3.74B | $3.69B | $3.43B |
| Cost of revenue | $2.49B | $2.45B | $2.49B | $2.40B | $2.22B | $1.84B | $1.89B | $1.87B | $1.86B | $1.72B |
| Gross profit | $2.67B | $2.65B | $2.62B | $2.45B | $2.38B | $1.75B | $1.84B | $1.87B | $1.83B | $1.71B |
| Research & development | — | — | $64.7M | $60.1M | $61.1M | $57.4M | $59.1M | $61.2M | $60.9M | $53.4M |
| Sales, general & admin | $56.6M | $1.30B | $1.25B | $1.18B | $1.20B | $1.02B | $1.02B | $1.03B | $1.05B | $948.8M |
| Total operating expenses | $1.34B | $1.31B | $1.31B | $1.24B | $1.26B | $868.0M | $881.7M | $913.9M | $943.8M | $849.3M |
| Operating income | $1.33B | $1.35B | $1.31B | $1.21B | $1.12B | $880.5M | $962.3M | $956.1M | $882.1M | $861.1M |
| Interest income | $50.5M | $458.0M | $40.2M | $47.1M | $53.1M | $54.0M | $1.5M | $600,000 | $300,000 | $600,000 |
| Interest expense | $52.2M | $49.6M | $49.9M | $47.1M | $53.1M | $59.5M | $52.5M | $53.4M | $56.8M | $55.4M |
| Income before taxes | $1.34B | $1.37B | $1.33B | $1.20B | $1.09B | $835.2M | $922.1M | $909.9M | $821.9M | $801.4M |
| Income taxes | $293.6M | $304.2M | $293.4M | $268.7M | $247.0M | $189.1M | $211.8M | $214.4M | $250.9M | $244.3M |
| Net income | $1.02B | $1.04B | $1.01B | $911.7M | $820.5M | $627.0M | $693.5M | $679.9M | $557.7M | $546.4M |
| EBITDA | $1.48B | $1.52B | $1.48B | $1.35B | $1.24B | $985.9M | $1.06B | $1.05B | $967.5M | $939.2M |
| EPS (diluted) | $19.19 | $19.34 | $18.75 | $16.83 | $14.93 | $11.63 | $12.42 | $11.82 | $10.13 | $9.21 |
| Gross margin | 51.7% | 52.0% | 51.3% | 50.5% | 51.8% | 48.7% | 49.4% | 50.0% | 49.5% | 49.9% |
| Operating margin | 25.8% | 26.3% | 25.7% | 24.9% | 24.3% | 24.5% | 25.8% | 25.6% | 23.9% | 25.1% |
| Net margin | 19.7% | 20.4% | 19.8% | 18.8% | 17.8% | 17.5% | 18.6% | 18.2% | 15.1% | 15.9% |
| 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 | $1.24B | $1.21B | $1.34B | $1.29B | $1.28B | $1.24B | $1.30B | $1.25B | $1.28B | $1.18B | $1.20B | $1.16B |
| Cost of revenue | $599.9M | $598.9M | $660.0M | $617.1M | $617.4M | $594.4M | $636.4M | $587.9M | $612.4M | $585.6M | $619.0M | $581.1M |
| Gross profit | $635.2M | $608.3M | $679.9M | $674.8M | $663.7M | $648.8M | $662.8M | $659.5M | $667.5M | $596.7M | $577.6M | $578.2M |
| Research & development | — | — | — | — | — | — | — | — | — | — | $75.2M | — |
| Sales, general & admin | — | — | — | $327.4M | — | — | — | — | — | $7.0M | $275.2M | — |
| Total operating expenses | $366.3M | $357.5M | $340.3M | $327.4M | $336.4M | $335.4M | $330.9M | $335.4M | $317.0M | $257.5M | $251.8M | $263.6M |
| Operating income | $268.9M | $250.8M | $339.6M | $347.4M | $327.3M | $313.4M | $331.9M | $324.1M | $350.5M | $339.2M | $325.8M | $314.6M |
| Interest income | $14.0M | $14.0M | $13.4M | $15.0M | $14.1M | $116.0M | $115.2M | $115.6M | $14.2M | $12.9M | $11.4M | $3.7M |
| Interest expense | $12.3M | $12.4M | $13.9M | $12.8M | $12.3M | $12.4M | $12.3M | $12.5M | $12.3M | $12.5M | $12.9M | $12.8M |
| Income before taxes | $339.2M | $323.2M | $341.9M | $349.3M | $329.3M | $315.4M | $339.2M | $332.2M | $356.9M | $344.8M | $330.8M | $320.2M |
| Income taxes | $73.0M | $69.7M | $74.9M | $77.5M | $72.5M | $68.7M | $75.0M | $74.7M | $79.3M | $75.2M | $69.5M | $71.1M |
| Net income | $260.6M | $247.0M | $260.7M | $265.4M | $250.3M | $240.5M | $258.1M | $251.1M | $271.2M | $263.5M | $255.3M | $243.1M |
| EBITDA | $376.4M | $360.6M | $380.6M | $386.5M | $366.0M | $351.8M | $375.8M | $369.3M | $393.8M | $381.8M | $368.3M | $357.2M |
| EPS (diluted) | $4.96 | $4.69 | $4.94 | $5.02 | $4.72 | $4.51 | $4.82 | $4.70 | $5.07 | $4.75 | $4.75 | $4.51 |
| Gross margin | 51.4% | 50.4% | 50.7% | 52.2% | 51.8% | 52.2% | 51.0% | 52.9% | 52.2% | 50.5% | 48.3% | 49.9% |
| Operating margin | 21.8% | 20.8% | 25.3% | 26.9% | 25.5% | 25.2% | 25.5% | 26.0% | 27.4% | 28.7% | 27.2% | 27.1% |
| Net margin | 21.1% | 20.5% | 19.5% | 20.5% | 19.5% | 19.3% | 19.9% | 20.1% | 21.2% | 22.3% | 21.3% | 21.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in SNA's financial statements (latest annual report filed February 12, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
SNA financial results
In fiscal year 2025 (ended December 31, 2025), Snap-on reported revenue of $5.2 billion, up 0.9% from the year before. It had net income of $1.0 billion (down 2.6%), a net profit margin of 19.7%. Diluted earnings per share came to $19.19. Over five years revenue grew at an average rate of 7.5% a year.
See the SNA stock overview for the latest quote and news, or the SNA chart for price history and technical indicators.
SNA income statement FAQ
What is Snap-on's annual revenue?
Snap-on reported total revenue of $5.2 billion for fiscal year 2025, which ended on December 31, 2025. That was up 0.9% from $5.1 billion the previous year.
Is Snap-on profitable?
Yes. Snap-on reported net income of $1.0 billion in fiscal 2025, a net profit margin of 19.7%; its operating margin was 25.8%.
What is Snap-on's gross margin?
Snap-on's gross margin was 51.7% in fiscal 2025: for every $100 of revenue, Snap-on kept $52 after the direct cost of its products and services.
How fast is Snap-on growing?
Revenue grew 7.5% a year on average over the last five fiscal years, from $3.6 billion to $5.2 billion.
What are Snap-on's earnings per share?
Snap-on earned $19.19 per diluted share in fiscal 2025, compared with $19.34 a year earlier.
When will Snap-on report its next earnings?
Snap-on is expected to report results for the quarter ending September 30, 2026 on October 22, 2026 before the market opens.
When does Snap-on's fiscal year end?
Snap-on's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 12, 2026.