LeMaitre Vascular (LMAT) Financial Statements & Analysis

LeMaitre Vascular (LMAT) Income Statement

LeMaitre Vascular reported revenue of $249.60M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 13.5% from $219.86M a year earlier. Net income was $57.73M, up 31.1% year over year, a net margin of 23.1%. Gross margin was 71.5% and operating margin 27.2%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $70.38M, up 9.6% from the same quarter a year earlier.

LeMaitre Vascular Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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LeMaitre Vascular, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	249.60	219.86	193.48	161.65	154.42	129.37	117.23	105.57	100.87
Cost of Revenue	71.06	68.96	66.44	56.76	53.04	44.75	37.38	31.63	30.17
Gross Profit	178.54	150.90	127.05	104.90	101.38	84.62	79.85	73.94	70.70
Operating Expenses
Research & Development	14.14	15.65	16.97	13.29	11.80	10.10	9.28	8.20	6.64
Selling, General & Administrative	96.49	83.00	72.89	61.67	53.16	46.20	49.39	45.01	42.96
Operating Expenses	110.63	98.65	89.85	78.07	64.96	55.83	58.67	53.20	49.59
Operating Income	67.91	52.26	37.20	26.83	36.43	28.79	21.18	28.21	21.10
Other Income/Expense
Interest Income	13.09	4.95	3.08	0.99	0.20	0.21	0.70	0.63	0.18
Interest Expense	5.18	0.21	0.00	0.00	-2.22	1.31	0.00	0.00	0.02
Other Income/Expense	12.46	4.82	2.28	0.66	-2.14	-1.43	0.50	0.24	0.00
Income
Income Before Tax	75.18	56.88	39.48	27.49	34.29	27.36	21.68	28.44	21.11
Income Tax Expense	17.45	12.84	9.37	6.85	7.38	6.14	3.75	5.50	3.93
Net Income	57.73	44.04	30.11	20.64	26.91	21.22	17.93	22.94	17.18
Net Income - Continuous Operations	57.73	44.04	30.11	20.64	26.91	21.22	17.93	22.94	17.18
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	90.79	66.69	48.99	39.37	47.50	36.89	27.10	32.77	25.16
EBIT	80.37	57.08	39.48	29.94	36.43	28.32	-	-	-
Depreciation & Amortization	10.42	9.61	9.52	9.43	11.07	8.22	5.42	4.32	4.06
Earnings Per Share
Basic EPS	3.00	2.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00
Diluted EPS	3.00	2.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00
Basic Shares Outstanding	22.64	22.45	22.22	21.98	21.16	20.25	19.81	19.43	18.96
Diluted Shares Outstanding	22.93	22.78	22.42	22.17	21.48	20.48	20.33	20.24	20.03

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

Frequently Asked Questions About LeMaitre Vascular Financial Statements

What was LeMaitre Vascular's revenue in fiscal 2025?

LeMaitre Vascular reported revenue of $249.60M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 13.5% from $219.86M a year earlier.

Is LeMaitre Vascular profitable?

Yes. LeMaitre Vascular earned net income of $57.73M in fiscal 2025, a net margin of 23.1%. In fiscal 2024 it earned $44.04M.

What is LeMaitre Vascular's operating margin?

LeMaitre Vascular's operating income was $67.91M on revenue of $249.60M in fiscal 2025, an operating margin of 27.2%, compared with 23.8% 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