Vulcan Infrastructure and Power Inc. (VIP) Income Statement
VIP 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsVIP revenue and net income
Where VIP's revenue goes
2025Each bar shows an amount and its share of revenue. VIP kept 9.0% of revenue as net income.
VIP profit margins
VIP growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −1.3% | −13.2% | — | — |
| Gross profit | −51.1% | −31.8% | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
VIP quarterly EPS vs estimates
Vulcan Infrastructure and Power beat the analyst EPS estimate in 2 of the last 2 quarters. Next report: November 12, 2026.
VIP income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $58.8M | $59.5M | $70.4M | $90.0M | $97.3M |
| Cost of revenue | $49.8M | $41.1M | $51.0M | $61.6M | $28.4M |
| Gross profit | $9.0M | $18.4M | $19.4M | $28.4M | $68.9M |
| Sales, general & admin | $12.5M | $17.3M | $26.2M | $35.2M | — |
| Total operating expenses | $24.7M | $31.2M | $42.2M | $87.1M | $36.2M |
| Operating income | −$15.6M | −$12.8M | −$22.8M | −$58.6M | $32.8M |
| Interest expense | $4.0M | $7.1M | $12.7M | $21.6M | $3.7M |
| Income before taxes | $4.8M | −$19.9M | −$29.0M | −$254.7M | $29.5M |
| Income taxes | −$479,000 | −$69,000 | — | $15.0M | $7.9M |
| Net income | $5.3M | −$19.8M | −$29.5M | −$271.1M | −$44.5M |
| EBITDA | $20.6M | $699,000 | −$2.8M | −$198.0M | $45.1M |
| EPS (diluted) | $0.27 | −$52.40 | −$3.87 | −$60.75 | −$12.18 |
| Gross margin | 15.3% | 30.9% | 27.5% | 31.6% | 70.8% |
| Operating margin | −26.6% | −21.5% | −32.4% | −65.2% | 33.7% |
| Net margin | 9.0% | −33.2% | −41.9% | −301.3% | −45.7% |
| 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 | $3.4M | $20.8M | $11.5M | $15.2M | $12.9M | $19.2M | $14.8M | $12.4M | $13.1M | $19.3M | $19.6M | $20.9M |
| Cost of revenue | $9.3M | $17.1M | $11.9M | $11.0M | $11.9M | $15.0M | $10.0M | $9.5M | $9.3M | $12.3M | $14.8M | $15.4M |
| Gross profit | −$5.9M | $3.7M | −$441,000 | $4.2M | $1.0M | $4.2M | $4.8M | $2.8M | $3.7M | $7.0M | $4.9M | $5.5M |
| Sales, general & admin | $3.9M | $3.9M | $3.5M | $3.1M | $3.1M | $2.8M | — | — | — | — | — | — |
| Total operating expenses | $3.9M | $8.2M | $6.4M | $6.1M | $6.3M | $6.9M | $6.1M | $8.8M | $7.5M | $8.7M | −$665,000 | $15.6M |
| Operating income | −$9.8M | −$4.5M | −$6.8M | −$1.9M | −$5.3M | −$2.7M | −$1.3M | −$6.0M | −$3.8M | −$1.7M | $5.5M | −$10.1M |
| Interest expense | $301,000 | $167,000 | $176,000 | $244,000 | $758,000 | $2.9M | $1.6M | $1.8M | $1.8M | $1.8M | $2.9M | $3.0M |
| Income before taxes | −$9.9M | −$4.6M | $2.6M | $12.0M | −$4.2M | −$5.6M | −$3.9M | −$6.5M | −$5.6M | −$3.9M | $2.7M | −$13.2M |
| Income taxes | $2,000 | — | −$435,000 | — | −$34,000 | −$10,000 | $49,000 | −$118,000 | — | — | — | — |
| Net income | −$9.9M | −$4.6M | $3.0M | $12.0M | −$4.1M | −$5.6M | −$3.9M | −$6.4M | −$5.6M | −$3.9M | $2.9M | −$14.2M |
| EBITDA | −$8.7M | −$1.8M | $5.2M | $15.2M | −$215,000 | $412,000 | $734,000 | −$726,000 | −$499,000 | $1.6M | $1.4M | −$1.1M |
| EPS (diluted) | −$0.58 | −$0.29 | $0.19 | $0.75 | −$0.27 | −$0.40 | −$0.17 | −$0.53 | −$0.55 | −$0.42 | — | −$1.96 |
| Gross margin | −173.9% | 17.8% | −3.9% | 27.6% | 7.9% | 22.1% | 32.6% | 23.0% | 28.7% | 36.3% | 24.8% | 26.5% |
| Operating margin | −289.6% | −21.5% | −59.5% | −12.5% | −41.0% | −13.8% | −8.9% | −48.6% | −28.8% | −8.9% | 28.2% | −48.5% |
| Net margin | −292.4% | −22.0% | 26.3% | 78.6% | −32.0% | −28.9% | −26.4% | −51.6% | −42.6% | −20.4% | 15.0% | −68.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in VIP's financial statements (latest annual report filed December 31, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
VIP financial results
In fiscal year 2025 (ended December 31, 2025), Vulcan Infrastructure and Power reported revenue of $58.8 million, down 1.3% from the year before. It had net income of $5.3 million, a net profit margin of 9.0%. Diluted earnings per share came to $0.27.
See the VIP stock overview for the latest quote and news, or the VIP chart for price history and technical indicators.
VIP income statement FAQ
What is Vulcan Infrastructure and Power's annual revenue?
Vulcan Infrastructure and Power reported total revenue of $58.8 million for fiscal year 2025, which ended on December 31, 2025. That was down 1.3% from $59.5 million the previous year.
Is Vulcan Infrastructure and Power profitable?
Yes. Vulcan Infrastructure and Power reported net income of $5.3 million in fiscal 2025, a net profit margin of 9.0%; its operating margin was −26.6%.
What is Vulcan Infrastructure and Power's gross margin?
Vulcan Infrastructure and Power's gross margin was 15.3% in fiscal 2025: for every $100 of revenue, Vulcan Infrastructure and Power kept $15 after the direct cost of its products and services.
What are Vulcan Infrastructure and Power's earnings per share?
Vulcan Infrastructure and Power earned $0.27 per diluted share in fiscal 2025, compared with $-52.40 a year earlier.
When will Vulcan Infrastructure and Power report its next earnings?
Vulcan Infrastructure and Power is expected to report results for the quarter ending September 30, 2026 on November 12, 2026.
When does Vulcan Infrastructure and Power's fiscal year end?
Vulcan Infrastructure and Power's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on December 31, 2025.