Vestis Corporation (VSTS) Income Statement
VSTS FY2025 at a glance
Fiscal year ended September 30, 2025 · U.S. dollarsVSTS revenue and net income
Where VSTS's revenue goes
FY2025Each bar shows an amount and its share of revenue. VSTS kept −1.5% of revenue as net income.
VSTS profit margins
VSTS growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −2.5% | +0.6% | +1.3% | — |
| Gross profit | −11.2% | −2.3% | −0.6% | — |
| Operating income | −59.2% | −30.5% | −15.5% | — |
| Net income | −291.8% | — | — | — |
| EPS (diluted) | −82.3% | −53.3% | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
VSTS quarterly EPS vs estimates
Vestis beat the analyst EPS estimate in 4 of the last 8 quarters. Next report: December 7, 2026 (estimate $0.17).
VSTS income statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Revenue | $2.73B | $2.81B | $2.83B | $2.69B | $2.46B | $2.56B |
| Cost of revenue | $2.01B | $1.99B | $1.97B | $1.91B | $1.77B | $1.81B |
| Gross profit | $724.8M | $815.9M | $855.1M | $777.3M | $690.9M | $748.0M |
| Sales, general & admin | $517.3M | $517.2M | $500.7M | $454.7M | $461.4M | $461.1M |
| Total operating expenses | $660.3M | $658.0M | $637.2M | $585.1M | $594.7M | $598.3M |
| Operating income | $64.4M | $158.0M | $217.9M | $192.2M | $96.2M | $149.7M |
| Interest income | — | — | $10,000 | — | $1.1M | — |
| Interest expense | $92.3M | $126.6M | $10,000 | $2.3M | — | $206,000 |
| Income before taxes | −$44.3M | $32.0M | $269.7M | $190.0M | $97.4M | $149.5M |
| Income taxes | −$4.1M | $11.1M | $56.6M | $48.3M | $23.1M | $37.9M |
| Net income | −$40.2M | $21.0M | $213.2M | $141.7M | $74.3M | $111.6M |
| EBITDA | $191.0M | $299.4M | $408.3M | $328.9M | $230.7M | $286.9M |
| EPS (diluted) | $0.11 | $0.62 | $0.97 | $1.08 | $0.57 | — |
| Gross margin | 26.5% | 29.1% | 30.3% | 28.9% | 28.1% | 29.2% |
| Operating margin | 2.4% | 5.6% | 7.7% | 7.2% | 3.9% | 5.8% |
| Net margin | −1.5% | 0.7% | 7.5% | 5.3% | 3.0% | 4.4% |
| 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 | $661.7M | $659.4M | $663.4M | $712.0M | $673.8M | $665.2M | $683.8M | $684.3M | $698.2M | $705.4M | $717.9M | $715.9M |
| Cost of revenue | $476.3M | $520.3M | $492.2M | $533.1M | $491.7M | $490.0M | $495.3M | $487.3M | $495.8M | $504.4M | $502.4M | $490.1M |
| Gross profit | $185.4M | $139.1M | $171.2M | $178.9M | $182.1M | $175.3M | $188.5M | $197.0M | $202.5M | $201.0M | $215.5M | $225.8M |
| Sales, general & admin | $114.9M | $112.3M | $120.3M | $125.9M | $122.3M | $147.9M | $121.2M | $131.9M | $130.0M | $122.7M | $132.6M | $133.3M |
| Total operating expenses | $148.1M | $111.3M | $154.6M | $161.2M | $157.2M | $183.8M | $158.1M | $167.2M | $165.0M | $157.9M | $167.9M | $165.4M |
| Operating income | $37.2M | $27.8M | $16.6M | $17.6M | $25.0M | −$8.6M | $30.4M | $29.8M | $37.5M | $43.1M | $47.6M | $60.4M |
| Interest income | — | — | — | — | — | — | — | — | — | — | — | $278,000 |
| Interest expense | $20.1M | $21.1M | $22.2M | $24.3M | $22.5M | $22.3M | $23.1M | $31.7M | $29.4M | $34.7M | $30.8M | $86.5M |
| Income before taxes | $14.3M | $2.5M | −$8.6M | −$10.9M | −$749,000 | −$34.2M | $1.5M | −$1.3M | $8.1M | $8.3M | $16.8M | $198.7M |
| Income taxes | $3.3M | −$85,000 | −$2.2M | $1.6M | −$73,000 | −$6.4M | $708,000 | $1.0M | $3.1M | $2.4M | $4.6M | $38.4M |
| Net income | $11.0M | $2.6M | −$6.4M | −$12.5M | −$676,000 | −$27.8M | $832,000 | −$2.3M | $5.0M | $6.0M | $12.3M | $160.3M |
| EBITDA | $67.7M | $58.1M | $48.0M | $48.8M | $56.6M | $24.0M | $61.6M | $65.7M | $72.9M | $78.9M | $83.7M | $147.1M |
| EPS (diluted) | $0.18 | $0.16 | −$0.05 | $0.03 | −$0.01 | −$0.05 | $0.14 | $0.11 | $0.16 | $0.13 | $0.22 | $0.56 |
| Gross margin | 28.0% | 21.1% | 25.8% | 25.1% | 27.0% | 26.3% | 27.6% | 28.8% | 29.0% | 28.5% | 30.0% | 31.5% |
| Operating margin | 5.6% | 4.2% | 2.5% | 2.5% | 3.7% | −1.3% | 4.4% | 4.4% | 5.4% | 6.1% | 6.6% | 8.4% |
| Net margin | 1.7% | 0.4% | −1.0% | −1.8% | −0.1% | −4.2% | 0.1% | −0.3% | 0.7% | 0.8% | 1.7% | 22.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in VSTS's financial statements (latest annual report filed December 2, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
VSTS financial results
In fiscal year 2025 (ended September 30, 2025), Vestis reported revenue of $2.7 billion, down 2.5% from the year before. It had a net loss of $40.2 million, a net profit margin of −1.5%. Diluted earnings per share came to $0.11. Over five years revenue grew at an average rate of 1.3% a year.
See the VSTS stock overview for the latest quote and news, or the VSTS chart for price history and technical indicators.
VSTS income statement FAQ
What is Vestis's annual revenue?
Vestis reported total revenue of $2.7 billion for fiscal year 2025, which ended on September 30, 2025. That was down 2.5% from $2.8 billion the previous year.
Is Vestis profitable?
No. Vestis reported a net loss of $40.2 million in fiscal 2025, a net profit margin of −1.5%; its operating margin was 2.4%.
What is Vestis's gross margin?
Vestis's gross margin was 26.5% in fiscal 2025: for every $100 of revenue, Vestis kept $27 after the direct cost of its products and services.
How fast is Vestis growing?
Revenue grew 1.3% a year on average over the last five fiscal years, from $2.6 billion to $2.7 billion.
What are Vestis's earnings per share?
Vestis earned $0.11 per diluted share in fiscal 2025, compared with $0.62 a year earlier.
When will Vestis report its next earnings?
Vestis is expected to report results for the quarter ending September 30, 2026 on December 7, 2026.
When does Vestis's fiscal year end?
Vestis's fiscal year ends in September. The latest annual report covers the year ended September 30, 2025 and was filed on December 2, 2025.