Great Lakes Dredge & Dock Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	888.28	762.69	589.63	648.78	726.15
Revenue Growth (YoY)	16.47%	29.35%	-9.12%	-10.66%	-1.02%
Cost of Revenue	684.79	602.12	511.89	617.61	580.88
Gross Profit	203.49	160.58	77.73	31.17	145.27
Selling, General & Admin	77.97	70.77	57.06	51.12	62.13
Other Operating Expenses	2.27	3	7.54	-7.79	0.29
Total Operating Expenses	80.24	73.77	64.6	43.33	62.43
Operating Income	127.79	92.81	28.22	-27.74	82.84
Interest Expense	-16.75	-17.88	-12.14	-14.11	-21.6
Other Non-Operating Income (Expense)	-10.93	-0.46	-2.23	1.57	-19.61
Total Non-Operating Income (Expense)	-27.68	-18.34	-14.37	-12.54	-41.21
Pretax Income	100.32	75.39	18.31	-43.42	62.82
Provision for Income Taxes	-26.85	-18.12	-4.41	9.36	-13.39
Net Income	73.47	57.27	13.91	-34.06	49.43
Net Income to Common	73.47	57.27	13.91	-34.06	49.43
Net Income Growth	28.30%	311.80%	-	-	-25.22%
Shares Outstanding (Basic)	67	67	66	66	66
Shares Outstanding (Diluted)	68	68	67	66	66
Shares Change (YoY)	-0.15%	1.33%	1.37%	-0.38%	0.65%
EPS (Basic)	1.10	0.85	0.21	-0.52	0.75
EPS (Diluted)	1.08	0.84	0.21	-0.52	0.75
EPS Growth	28.57%	300.00%	-	-	-25.00%
Shares Outstanding	66.78	67.28	66.62	66.19	66.19
Free Cash Flow	99.46	-55.08	-103.42	-141.35	-67.65
Free Cash Flow Per Share	1.47	-0.81	-1.54	-2.14	-1.02
Gross Margin	22.91%	21.05%	13.18%	4.80%	20.01%
Operating Margin	14.39%	12.17%	4.79%	-4.28%	11.41%
Profit Margin	14.32%	12.26%	3.85%	-8.13%	10.50%
FCF Margin	11.20%	-7.22%	-17.54%	-21.79%	-9.32%
EBITDA	171.21	135.5	70.74	18.54	125.86
EBITDA Margin	19.27%	17.77%	12.00%	2.86%	17.33%
EBIT	127.79	92.81	28.22	-27.74	82.84
EBIT Margin	14.39%	12.17%	4.79%	-4.28%	11.41%
Effective Tax Rate	-26.77%	-24.04%	-24.06%	-21.56%	-21.32%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q