NWPX Infrastructure, Inc.
NASDAQ:NWPX · NASDAQ Global Select
+$1.45 today
Vol 0.25M · Avg 0.15M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Stock Ticker Earnings Waterfall
NASDAQ:NWPX · Revenue to Net Income
Key Ratios
Analysis
$548.1M of revenue converted into $42.0M of net income for the selected period. Gross margin is 20.2% and net margin is 7.6%, showing how much revenue survives after costs and taxes. EPS is $4.28, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $526.2M +6.8% | $492.5M +10.8% | $444.4M -2.9% | $457.7M +37.3% | $333.3M | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $422.4M +6.4% | $397.1M +8.3% | $366.7M -1.4% | $371.8M +28.6% | $289.1M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $103.8M +8.8% | $95.4M +22.9% | $77.6M -9.6% | $85.9M +94.0% | $44.3M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 19.7% +0.4pp | 19.4% +1.9pp | 17.5% -1.3pp | 18.8% +5.5pp | 13.3% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $52.8M +11.9% | $47.2M +7.7% | $43.8M +6.7% | $41.0M +45.4% | $28.2M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $52.8M +11.9% | $47.2M +7.7% | $43.8M +6.7% | $41.0M +45.4% | $28.2M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $19.4M +1.9% | $19.1M +20.7% | $15.8M -7.6% | $17.1M +25.5% | $13.6M | $374.2M | $1.2B | $631.8M |
| EBITDA | $68.6M +1.7% | $67.4M +35.0% | $49.9M -19.6% | $62.2M +107.3% | $30.0M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 13.0% -0.7pp | 13.7% +2.4pp | 11.2% -2.3pp | 13.6% +4.6pp | 9.0% | 5.6% | 46.3% | 42.0% |
| Operating Income | $51.0M +5.8% | $48.2M +42.5% | $33.9M -24.5% | $44.8M +179.6% | $16.0M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 9.7% -0.1pp | 9.8% +2.2pp | 7.6% -2.2pp | 9.8% +5.0pp | 4.8% | 16.6% | 24.1% | 22.0% |
| Interest Income | $0 | $0 | $0 | $0 | $0 | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $2.7M -53.1% | $5.7M +16.6% | $4.9M +36.1% | $3.6M +196.8% | $1.2M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$4.6M +22.3% | -$5.9M -28.3% | -$4.6M -31.9% | -$3.5M -297.1% | -$874.0K | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $46.5M +9.7% | $42.4M +44.7% | $29.3M -29.2% | $41.4M +172.8% | $15.2M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 8.8% +0.2pp | 8.6% +2.0pp | 6.6% -2.4pp | 9.0% +4.5pp | 4.5% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $11.1M +35.5% | $8.2M -0.5% | $8.2M -19.5% | $10.2M +180.6% | $3.6M | $1.3B | -$1.6B | $745.2M |
| Net Income | $35.4M +3.5% | $34.2M +62.3% | $21.1M -32.4% | $31.1M +170.3% | $11.5M | $4.9B | $4.8B | $4.7B |
| Net Margin | 6.7% -0.2pp | 6.9% +2.2pp | 4.7% -2.1pp | 6.8% +3.3pp | 3.5% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $4 +4.9% | $3 +63.5% | $2 -32.8% | $3 +168.4% | $1 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $4 +4.7% | $3 +62.7% | $2 -32.8% | $3 +168.1% | $1 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $9.8M -1.4% | $9.9M -0.8% | $10.0M +0.8% | $9.9M +0.6% | $9.9M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $9.9M -1.3% | $10.1M -0.1% | $10.1M +0.7% | $10.0M +0.8% | $9.9M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector

Heartland Express, Inc.
NASDAQ:HTLD
$1.13B
Sun Country Airlines Holdings, Inc.
SNCY
$876.36M

Quanex Building Products Corporation
NYSE:NX
$787.21M
Ryerson Holding Corporation
RYI
$746.35M

Compass Diversified
NYSE:CODI
$745.96M

Hyster-Yale Materials Handling, Inc.
NYSE:HY
$689.50M

ADS-TEC Energy PLC
NASDAQ:ADSE
$688.97M

FTAI Infrastructure Inc.
NASDAQ:FIP
$573.68M

Insteel Industries, Inc.
NYSE:IIIN
$572.21M

Aspen Aerogels, Inc.
NYSE:ASPN
$514.25M
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does NWPX generate?
NWPX Infrastructure, Inc. (NWPX) reported $526.17M of revenue in fiscal 2025.
Is NWPX profitable?
NWPX Infrastructure, Inc. (NWPX) reported $35.41M of net income, with a net margin of 6.7%.
Explore More
Continue the stock analysis
Jump to another research area for this company.