vrt: the income statement

MyFinsight

For the quarter ending 2025-09-30, VRT made $2,675,800K in revenue. $398,500K in net income. Net profit margin of 14.89%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Net sales	2,675,800	2,638,100	2,036,000	2,073,500
Product	1,398,400	1,470,300	1,112,100	1,066,300
Service	266,700	271,200	237,400	250,800
Cost of sales	1,665,100	1,741,500	1,349,500	1,317,100
Selling, general and administrative expenses	414,300	395,600	346,300	334,600
Amortization of intangibles	48,200	46,900	46,000	45,300
Restructuring costs	30,700	1,900	1,100	6,300
Foreign currency (gain) loss, net	-900	-2,300	-2,600	-5,300
Other operating expense (income)	100	-7,500	200	6,700
Operating profit (loss)	516,700	442,400	290,700	371,600
Interest expense, net	22,800	21,300	25,300	35,900
Loss on extinguishment of debt	-1,700	0	-	0
Change in fair value of warrant liabilities	0	0	0	67,200
Income (loss) before income taxes	492,200	421,100	265,400	268,500
Income tax expense (benefit)	93,700	96,900	100,900	91,900
Net income (loss)	398,500	324,200	164,500	176,600

Basic (in dollars per share)	1.04	0.85	0.43	0.47
Basic (in shares)	382,025,408	381,482,996	380,845,511	375,203,364
Diluted (in dollars per share)	1.02	0.83	0.42	0.46
Diluted (in shares)	390,928,669	389,846,827	390,109,650	384,316,065