Value Line, Inc. (VALU) Income Statement
VALU FY2026 at a glance
Fiscal year ended April 30, 2026 · U.S. dollarsVALU revenue and net income
Where VALU's revenue goes
FY2026Each bar shows an amount and its share of revenue. VALU kept 64.7% of revenue as net income.
VALU profit margins
VALU growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −4.7% | −5.5% | −3.7% | −0.3% |
| Gross profit | −28.7% | −15.7% | −7.4% | −2.5% |
| Operating income | −32.6% | −29.4% | −11.8% | +7.9% |
| Net income | +4.6% | +6.2% | −1.5% | +11.5% |
| EPS (diluted) | +4.5% | +6.6% | −0.3% | +6.9% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
VALU quarterly EPS vs estimates
Value Line beat the analyst EPS estimate in 1 of the last 1 quarters.
VALU income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $33.4M | $35.1M | $37.5M | $39.7M | $40.5M | $40.4M | $40.3M | $36.3M | $35.9M | $34.6M |
| Cost of revenue | $18.8M | $14.5M | $14.9M | $15.2M | $17.3M | $18.9M | $18.2M | $17.8M | $18.5M | $17.5M |
| Gross profit | $14.7M | $20.6M | $22.6M | $24.5M | $23.2M | $21.5M | $22.1M | $18.5M | $17.4M | $17.1M |
| Research & development | $11,000 | $128,000 | $62,000 | $49,000 | $73,000 | $70,000 | $65,000 | $131,000 | $848,000 | $4.4M |
| Sales, general & admin | $9.8M | $8.7M | $13.5M | $13.0M | $12.4M | $14.0M | $13.0M | $13.1M | $5.2M | $5.2M |
| Total operating expenses | $10.7M | $14.6M | $13.5M | $13.0M | $12.4M | $14.0M | $13.0M | $13.1M | $14.8M | $9.6M |
| Operating income | $4.0M | $6.0M | $9.1M | $11.5M | $10.8M | $7.5M | $9.1M | $5.4M | $2.6M | $7.5M |
| Interest income | $2.1M | $2.1M | $1.9M | $706,000 | $18,000 | $137,000 | $279,000 | $9.8M | $9.3M | $8.0M |
| Interest expense | $2.1M | — | — | — | $18,000 | $28.0M | $12.4M | $10.3M | $0 | $0 |
| Income before taxes | $29.4M | $27.5M | $25.2M | $23.8M | $30.6M | $30.3M | $20.7M | $16.3M | $11.9M | $15.5M |
| Income taxes | $7.8M | $6.9M | $6.2M | $5.7M | $6.8M | $7.0M | $5.7M | $4.3M | −$2.8M | $5.1M |
| Net income | $21.6M | $20.7M | $19.0M | $18.1M | $23.8M | $23.3M | $14.9M | $12.0M | $14.7M | $10.4M |
| EBITDA | $5.3M | $7.3M | $10.6M | $12.8M | $12.1M | $8.8M | $9.4M | $5.8M | $3.7M | $4.0M |
| EPS (diluted) | $2.30 | $2.20 | $2.02 | $1.90 | $2.50 | $2.33 | $1.62 | $1.15 | $1.40 | $0.68 |
| Gross margin | 43.9% | 58.8% | 60.4% | 61.7% | 57.3% | 53.3% | 54.9% | 51.0% | 48.5% | 49.5% |
| Operating margin | 12.1% | 17.1% | 24.4% | 28.9% | 26.7% | 18.7% | 22.6% | 14.9% | 7.2% | 21.6% |
| Net margin | 64.7% | 59.0% | 50.7% | 45.5% | 58.8% | 57.6% | 37.1% | 33.1% | 41.1% | 30.0% |
| 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 | $8.1M | $8.0M | $8.3M | $8.6M | $8.6M | $8.4M | $9.0M | $8.8M | $8.9M | $9.0M | $9.1M | $9.6M |
| Cost of revenue | $5.0M | $5.2M | $5.0M | $4.9M | $3.6M | $3.7M | $3.6M | $3.6M | $3.5M | $3.7M | $3.7M | $3.7M |
| Gross profit | $3.1M | $2.8M | $3.3M | $3.6M | $5.0M | $4.7M | $5.3M | $5.3M | $5.3M | $5.3M | $5.4M | $5.9M |
| Research & development | — | — | — | — | $11,000 | $43,000 | $14,000 | $15,000 | $14,000 | $13,000 | $14,000 | $14,000 |
| Sales, general & admin | $3.5M | $1.7M | $3.7M | $3.6M | $3.5M | $3.8M | $3.8M | $2.1M | $3.5M | $3.8M | $3.2M | $3.2M |
| Total operating expenses | $2.1M | $2.8M | $2.3M | $2.1M | $3.5M | $3.8M | $3.8M | $3.5M | $3.5M | $3.8M | $3.2M | $3.2M |
| Operating income | $1.0M | $19,000 | $1.0M | $1.5M | $1.5M | $830,000 | $1.6M | $1.7M | $1.8M | $1.5M | $2.2M | $2.7M |
| Interest income | $560,000 | $517,000 | $501,000 | $525,000 | $514,000 | $608,000 | $474,000 | $499,000 | $545,000 | $547,000 | $511,000 | $487,000 |
| Income before taxes | $6.4M | $5.0M | $7.9M | $7.8M | $8.6M | $5.0M | $7.1M | $7.6M | $7.8M | $6.5M | $7.7M | $4.6M |
| Income taxes | $1.7M | $1.4M | $2.0M | $2.2M | $2.2M | $1.1M | $2.0M | $1.9M | $1.9M | $1.7M | $1.8M | $1.1M |
| Net income | $4.7M | $3.6M | $5.9M | $5.7M | $6.5M | $4.0M | $5.2M | $5.7M | $5.9M | $4.8M | $5.9M | $3.5M |
| EBITDA | $1.3M | $343,000 | $1.3M | $1.8M | $1.8M | $1.1M | $1.9M | $2.0M | $2.1M | $1.8M | $2.6M | $3.0M |
| EPS (diluted) | $0.50 | $0.38 | $0.63 | $0.60 | $0.69 | $0.42 | $0.55 | $0.60 | $0.62 | $0.51 | $0.62 | $0.37 |
| Gross margin | 38.4% | 34.9% | 39.5% | 42.6% | 58.0% | 55.7% | 59.6% | 59.6% | 60.1% | 59.0% | 59.3% | 61.5% |
| Operating margin | 12.8% | 0.2% | 12.1% | 17.7% | 17.4% | 9.9% | 17.4% | 19.7% | 20.8% | 16.5% | 24.4% | 27.8% |
| Net margin | 57.8% | 44.7% | 71.4% | 66.4% | 75.1% | 47.1% | 57.6% | 64.3% | 66.3% | 53.1% | 64.5% | 36.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in VALU's financial statements (latest annual report filed July 29, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
VALU financial results
In fiscal year 2026 (ended April 30, 2026), Value Line reported revenue of $33.4 million, down 4.7% from the year before. It had net income of $21.6 million (up 4.6%), a net profit margin of 64.7%. Diluted earnings per share came to $2.30. Over five years revenue grew at an average rate of −3.7% a year.
See the VALU stock overview for the latest quote and news, or the VALU chart for price history and technical indicators.
VALU income statement FAQ
What is Value Line's annual revenue?
Value Line reported total revenue of $33.4 million for fiscal year 2026, which ended on April 30, 2026. That was down 4.7% from $35.1 million the previous year.
Is Value Line profitable?
Yes. Value Line reported net income of $21.6 million in fiscal 2026, a net profit margin of 64.7%; its operating margin was 12.1%.
What is Value Line's gross margin?
Value Line's gross margin was 43.9% in fiscal 2026: for every $100 of revenue, Value Line kept $44 after the direct cost of its products and services.
How much does Value Line spend on research and development?
Value Line spent $0.0 million on research and development in fiscal 2026, 0.0% of revenue.
How fast is Value Line growing?
Revenue grew −3.7% a year on average over the last five fiscal years, from $40.4 million to $33.4 million.
What are Value Line's earnings per share?
Value Line earned $2.30 per diluted share in fiscal 2026, compared with $2.20 a year earlier.
When does Value Line's fiscal year end?
Value Line's fiscal year ends in April. The latest annual report covers the year ended April 30, 2026 and was filed on July 29, 2026.