UFP Technologies, Inc. (UFPT)

UFP Technologies Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	588.56	504.42	400.07	353.79	206.32	179.37
Revenue Growth (YoY)	40.98%	26.08%	13.08%	71.48%	15.02%	-9.58%
Cost of Revenue	419.29	357.73	287.85	263.53	155.21	134.69
Gross Profit	169.27	146.69	112.23	90.26	51.11	44.68
Selling, General & Admin	71.81	62.22	50.89	45.8	29.48	27.49
Operating Expenses	71.81	62.22	50.89	45.8	29.48	27.49
Operating Income	97.46	84.48	61.34	44.46	21.63	17.19
Interest Expense	-12.33	-8.06	-3.65	-2.76	-0.04	-0.08
Other Non Operating Income (Expenses)	-0.02	0.19	-0.12	0.08	0.03	-0.37
EBT Excluding Unusual Items	85.21	76.6	57.57	41.78	21.62	16.74
Merger & Restructuring Charges	-1.9	-2.52	-	-1.03	-0.43	-
Gain (Loss) on Sale of Assets	-0.09	-0.11	-0.15	21.8	0.01	-0.46
Other Unusual Items	-1	-0.95	-3.53	-9.84	-	-
Pretax Income	82.23	73.03	53.9	52.72	21.21	16.28
Income Tax Expense	15.13	14.04	8.98	10.93	5.32	2.91
Net Income	67.1	58.98	44.92	41.79	15.89	13.37
Net Income to Common	67.1	58.98	44.92	41.79	15.89	13.37
Net Income Growth	35.43%	31.29%	7.50%	163.06%	18.83%	-32.31%
Shares Outstanding (Basic)	8	8	8	8	8	7
Shares Outstanding (Diluted)	8	8	8	8	8	8
Shares Change (YoY)	0.83%	1.09%	0.50%	0.63%	0.62%	0.69%
EPS (Basic)	8.73	7.69	5.89	5.52	2.11	1.79
EPS (Diluted)	8.62	7.58	5.83	5.45	2.09	1.77
EPS Growth	34.62%	30.02%	6.97%	160.77%	18.08%	-32.70%
Free Cash Flow	72.54	56.94	30.84	3.96	8.9	20.67
Free Cash Flow Per Share	9.30	7.31	4.00	0.52	1.17	2.73
Gross Margin	28.76%	29.08%	28.05%	25.51%	24.77%	24.91%
Operating Margin	16.56%	16.75%	15.33%	12.57%	10.49%	9.58%
Profit Margin	11.40%	11.69%	11.23%	11.81%	7.70%	7.45%
Free Cash Flow Margin	12.32%	11.29%	7.71%	1.12%	4.31%	11.52%
EBITDA	115.59	99.28	72.8	56.35	30.04	25.46
EBITDA Margin	19.64%	19.68%	18.20%	15.93%	14.56%	14.19%
D&A For EBITDA	18.12	14.8	11.47	11.89	8.41	8.27
EBIT	97.46	84.48	61.34	44.46	21.63	17.19
EBIT Margin	16.56%	16.75%	15.33%	12.57%	10.49%	9.58%
Effective Tax Rate	18.39%	19.23%	16.66%	20.73%	25.08%	17.90%

Updated Aug 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q