Utah Medical Products (UTMD) Financial Statements & Analysis

Utah Medical Products (UTMD) Income Statement

Utah Medical Products reported revenue of $38.52M in fiscal 2025 (fiscal year ended Dec 31, 2025), down 5.8% from $40.90M a year earlier. Net income was $11.29M, down 18.7% year over year, a net margin of 29.3%. Gross margin was 57.1% and operating margin 29.6%. In the most recent quarter, Q3 fiscal 2026 (ended Sep 30, 2026), revenue was $8.62M, down 12.1% from the same quarter a year earlier.

Utah Medical Products Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Utah Medical Products, 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	38.52	40.90	50.22	52.28	49.05	42.18	46.90	42.00	41.41
Cost of Revenue	16.52	16.76	20.19	20.09	18.14	16.63	17.44	15.69	15.02
Gross Profit	22.00	24.14	30.04	32.20	30.92	25.55	29.47	26.31	26.40
Operating Expenses
Research & Development	0.67	0.81	0.56	0.49	0.53	0.49	0.48	0.45	0.45
Selling, General & Administrative	9.93	5.57	12.70	11.91	11.51	11.35	11.35	7.16	6.94
Operating Expenses	10.60	10.55	13.26	12.41	12.04	11.84	11.83	7.61	7.38
Operating Income	11.40	13.59	16.78	19.79	18.88	13.71	17.63	18.70	19.01
Other Income/Expense
Interest Income	0.00	3.37	0.00	0.68	0.18	0.11	0.25	0.00	0.00
Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Income/Expense	2.71	3.21	3.31	0.87	0.18	0.13	0.25	0.76	0.07
Income
Income Before Tax	14.11	16.80	20.09	20.66	19.06	13.84	17.88	19.46	19.08
Income Tax Expense	2.82	2.93	3.45	4.19	4.27	3.04	3.16	0.90	10.58
Net Income	11.29	13.87	16.64	16.47	14.79	10.80	14.73	18.55	8.51
Net Income - Continuous Operations	11.29	13.87	16.64	16.47	14.79	10.80	14.73	18.55	8.51
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	14.41	19.57	24.75	26.82	26.16	20.92	24.51	21.65	21.78
EBIT	11.40	15.73	16.78	19.79	18.88	-	-	-	-
Depreciation & Amortization	3.01	2.77	6.37	7.03	7.28	7.21	6.88	2.96	2.77
Earnings Per Share
Basic EPS	4.00	4.00	5.00	5.00	4.00	3.00	4.00	5.00	2.00
Diluted EPS	3.00	4.00	5.00	5.00	4.00	3.00	4.00	5.00	2.00
Basic Shares Outstanding	3.19	3.50	3.64	3.64	3.66	3.66	3.72	3.73	3.72
Diluted Shares Outstanding	3.24	3.50	3.64	3.64	3.66	3.67	3.74	3.75	3.74

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

Frequently Asked Questions About Utah Medical Products Financial Statements

What was Utah Medical Products's revenue in fiscal 2025?

Utah Medical Products reported revenue of $38.52M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 5.8% from $40.90M a year earlier.

Is Utah Medical Products profitable?

Yes. Utah Medical Products earned net income of $11.29M in fiscal 2025, a net margin of 29.3%. In fiscal 2024 it earned $13.87M.

What is Utah Medical Products's operating margin?

Utah Medical Products's operating income was $11.40M on revenue of $38.52M in fiscal 2025, an operating margin of 29.6%, compared with 33.2% 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