Ascent Industries Co. (ACNT) Financial Statements & Analysis

Ascent Industries Co. (ACNT) Income Statement

Ascent Industries Co. reported revenue of $74.94M in fiscal 2025 (fiscal year ended Dec 31, 2025), down 7.2% from $80.76M a year earlier. Net income was $867.00K, a net margin of 1.2%. Gross margin was 23.0% and operating margin -9.4%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $25.67M, up 37.6% from the same quarter a year earlier.

Ascent Industries Co. Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Ascent Industries Co. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Mar 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	74.94	80.76	193.18	261.99	261.99	334.72	256.00	305.17	280.84	201.15
Cost of Revenue	57.73	70.07	191.65	218.71	218.71	273.95	233.35	274.40	229.60	173.07
Gross Profit	17.21	10.69	1.53	43.29	43.29	60.77	22.65	30.77	51.24	28.08
Operating Expenses
Research & Development	0.07	0.00	0.00	0.00	-	0.00	0.00	0.60	0.55	0.60
Selling, General & Administrative	24.09	20.90	26.71	27.64	27.64	30.14	28.72	32.63	27.69	24.87
Operating Expenses	28.80	21.63	26.71	28.74	27.64	31.55	53.72	32.48	30.00	26.02
Operating Income	-7.03	-10.80	-25.19	14.54	15.65	27.35	-31.07	-1.71	21.24	2.06
Other Income/Expense
Interest Income	0.71	0.00	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00
Interest Expense	0.00	-0.42	4.24	2.74	2.74	-1.48	2.11	3.82	2.21	0.99
Other Income/Expense	1.47	0.03	-11.65	-2.53	-0.90	-1.85	-0.91	-2.06	-4.76	-0.58
Income
Income Before Tax	-5.56	-10.77	-41.08	12.01	12.01	25.50	-31.97	-3.76	16.47	1.48
Income Tax Expense	0.02	1.81	-6.92	-5.57	-5.57	5.25	-4.71	-0.73	3.38	0.14
Net Income	0.87	-13.60	-26.63	22.07	22.07	20.25	-27.27	-3.04	13.10	1.34
Net Income - Continuous Operations	-5.58	-12.58	-34.15	22.07	17.58	20.25	-27.27	-3.04	13.10	1.34
Net Income - Discontinued Operations	6.45	-1.02	7.52	-	4.49	-	-	-	-	-
EBITDA	-2.77	-5.63	-29.17	23.03	23.03	40.96	-19.26	11.12	27.46	10.20
EBIT	-6.95	-10.21	-36.84	-	14.75	30.62	-6.07	-	-	-
Depreciation & Amortization	4.19	7.42	7.67	8.27	8.27	10.34	10.60	11.06	8.78	7.74
Earnings Per Share
Basic EPS	-	-1.00	3.00	2.00	2.00	2.00	-3.00	-	1.00	-
Diluted EPS	-	-1.00	3.00	2.00	2.00	2.00	-3.00	-	1.00	-
Basic Shares Outstanding	9.64	10.11	10.14	10.23	10.23	9.34	9.10	8.98	8.81	8.71
Diluted Shares Outstanding	9.64	10.11	10.14	10.41	10.41	9.46	9.10	8.98	8.88	8.73

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Ascent Industries Co. Financial Statements

What was Ascent Industries Co.'s revenue in fiscal 2025?

Ascent Industries Co. reported revenue of $74.94M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 7.2% from $80.76M a year earlier.

Is Ascent Industries Co. profitable?

Yes. Ascent Industries Co. earned net income of $867.00K in fiscal 2025, a net margin of 1.2%. In fiscal 2024 it lost $13.60M.

What is Ascent Industries Co.'s operating margin?

Ascent Industries Co.'s operating income was −$7.03M on revenue of $74.94M in fiscal 2025, an operating margin of -9.4%, compared with -13.4% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition