Espey MFG and Electronics Corp
AMEX:ESP
Income Statement
Earnings Waterfall
Espey MFG and Electronics Corp
Income Statement
Espey MFG and Electronics Corp
| Dec-2001 | Mar-2002 | Jun-2002 | Sep-2002 | Dec-2002 | Mar-2003 | Jun-2003 | Sep-2003 | Dec-2003 | Mar-2004 | Jun-2004 | Sep-2004 | Dec-2004 | Mar-2005 | Jun-2005 | Sep-2005 | Dec-2005 | Mar-2006 | Jun-2006 | Sep-2006 | Dec-2006 | Mar-2007 | Jun-2007 | Sep-2007 | Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Revenue |
19
N/A
|
19
N/A
|
18
-1%
|
18
-1%
|
18
+1%
|
20
+6%
|
20
+1%
|
20
+3%
|
21
+2%
|
21
+2%
|
23
+6%
|
22
-2%
|
21
-4%
|
19
-9%
|
19
-2%
|
19
-1%
|
19
+1%
|
19
+2%
|
21
+8%
|
22
+7%
|
23
+5%
|
27
+14%
|
28
+3%
|
28
+1%
|
29
+2%
|
27
-6%
|
26
-5%
|
25
-1%
|
25
-2%
|
25
+1%
|
27
+8%
|
28
+3%
|
28
-1%
|
28
+1%
|
29
+3%
|
28
-3%
|
29
+3%
|
29
+0%
|
30
+2%
|
31
+7%
|
33
+5%
|
34
+2%
|
32
-5%
|
32
0%
|
32
-1%
|
31
-3%
|
34
+11%
|
33
-3%
|
32
-4%
|
32
-1%
|
27
-14%
|
26
-5%
|
25
-3%
|
25
0%
|
27
+7%
|
27
+2%
|
29
+6%
|
30
+3%
|
27
-8%
|
27
-1%
|
26
-6%
|
24
-7%
|
23
-5%
|
24
+6%
|
30
+24%
|
30
+1%
|
33
+8%
|
33
+3%
|
29
-13%
|
33
+12%
|
36
+12%
|
34
-7%
|
34
0%
|
31
-9%
|
32
+2%
|
33
+4%
|
33
-1%
|
31
-6%
|
28
-9%
|
28
+1%
|
29
+2%
|
33
+15%
|
32
-2%
|
33
+3%
|
35
+4%
|
36
+3%
|
36
0%
|
36
0%
|
37
+4%
|
35
-4%
|
39
+9%
|
41
+5%
|
44
+8%
|
46
+5%
|
44
-4%
|
43
-3%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(16)
|
(16)
|
(16)
|
(16)
|
(17)
|
(17)
|
(17)
|
(17)
|
(17)
|
(18)
|
(19)
|
(19)
|
(18)
|
(16)
|
(15)
|
(15)
|
(15)
|
(15)
|
(16)
|
(17)
|
(18)
|
(21)
|
(22)
|
(22)
|
(22)
|
(20)
|
(19)
|
(19)
|
(19)
|
(20)
|
(21)
|
(21)
|
(20)
|
(20)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(23)
|
(24)
|
(24)
|
(23)
|
(23)
|
(22)
|
(22)
|
(24)
|
(23)
|
(23)
|
(23)
|
(23)
|
(22)
|
(20)
|
(20)
|
(20)
|
(20)
|
(22)
|
(22)
|
(20)
|
(21)
|
(19)
|
(19)
|
(18)
|
(19)
|
(23)
|
(23)
|
(25)
|
(26)
|
(23)
|
(26)
|
(29)
|
(27)
|
(27)
|
(25)
|
(26)
|
(27)
|
(28)
|
(27)
|
(24)
|
(24)
|
(24)
|
(27)
|
(27)
|
(27)
|
(28)
|
(29)
|
(28)
|
(27)
|
(28)
|
(26)
|
(28)
|
(29)
|
(33)
|
(34)
|
(31)
|
(29)
|
|
| Gross Profit |
3
N/A
|
3
N/A
|
2
-14%
|
2
+8%
|
2
-27%
|
2
+29%
|
3
+33%
|
3
+3%
|
4
+25%
|
4
-12%
|
4
+6%
|
3
-7%
|
4
+1%
|
3
-2%
|
3
-2%
|
4
+7%
|
4
+5%
|
4
+10%
|
5
+9%
|
5
+11%
|
5
+6%
|
6
+11%
|
6
+2%
|
6
-1%
|
6
+7%
|
7
+9%
|
7
-2%
|
7
-3%
|
6
-16%
|
5
-8%
|
6
+18%
|
7
+15%
|
8
+12%
|
8
+1%
|
8
-2%
|
7
-5%
|
8
+2%
|
8
+3%
|
8
+6%
|
9
+4%
|
9
+7%
|
9
+4%
|
9
-7%
|
9
+5%
|
9
0%
|
9
-5%
|
11
+21%
|
10
-3%
|
9
-12%
|
9
-3%
|
5
-49%
|
4
-8%
|
6
+33%
|
5
-4%
|
7
+36%
|
7
+2%
|
7
-9%
|
7
+11%
|
7
+0%
|
7
-8%
|
6
-8%
|
5
-16%
|
5
-10%
|
5
+2%
|
7
+41%
|
7
+2%
|
8
+10%
|
7
-6%
|
6
-22%
|
7
+16%
|
7
+8%
|
7
+2%
|
7
-1%
|
6
-17%
|
6
-6%
|
6
0%
|
5
-14%
|
4
-23%
|
3
-9%
|
4
+7%
|
4
+14%
|
6
+47%
|
5
-9%
|
6
+8%
|
7
+18%
|
7
+3%
|
8
+11%
|
8
+5%
|
9
+10%
|
9
+1%
|
11
+13%
|
11
+5%
|
11
+0%
|
12
+8%
|
13
+5%
|
13
+3%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
|
| Selling, General & Administrative |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
|
| Operating Income |
1
N/A
|
1
+6%
|
1
-41%
|
1
+27%
|
0
-97%
|
0
+2 300%
|
1
+140%
|
1
N/A
|
2
+57%
|
1
-39%
|
1
+7%
|
1
-25%
|
1
+17%
|
1
+4%
|
1
+4%
|
1
+14%
|
1
+7%
|
2
+22%
|
2
+15%
|
2
+24%
|
3
+11%
|
3
+20%
|
3
+2%
|
3
+1%
|
4
+13%
|
4
+17%
|
4
-1%
|
4
-5%
|
3
-28%
|
2
-16%
|
3
+34%
|
4
+26%
|
5
+20%
|
5
+0%
|
5
-4%
|
4
-7%
|
5
+5%
|
5
+6%
|
5
+8%
|
6
+6%
|
6
+11%
|
7
+6%
|
6
-9%
|
6
+8%
|
6
0%
|
6
-8%
|
8
+31%
|
7
-4%
|
6
-18%
|
6
-5%
|
1
-77%
|
1
-17%
|
3
+138%
|
2
-10%
|
4
+87%
|
4
+0%
|
4
-18%
|
4
+19%
|
4
+0%
|
4
-15%
|
3
-14%
|
2
-32%
|
2
-29%
|
2
+0%
|
3
+115%
|
3
+1%
|
4
+16%
|
3
-16%
|
1
-58%
|
2
+52%
|
3
+26%
|
3
+3%
|
3
+0%
|
2
-45%
|
1
-22%
|
1
+14%
|
1
-35%
|
(0)
N/A
|
(0)
-165%
|
(0)
+34%
|
(0)
+90%
|
2
N/A
|
2
-22%
|
2
+40%
|
4
+64%
|
4
+4%
|
4
+17%
|
5
+6%
|
5
+16%
|
5
+3%
|
7
+21%
|
7
+8%
|
7
-1%
|
8
+9%
|
8
+7%
|
8
+4%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
|
| Total Other Income |
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
1
N/A
|
1
N/A
|
1
-37%
|
1
+16%
|
0
-80%
|
1
+276%
|
1
+102%
|
1
-2%
|
2
+52%
|
1
-37%
|
1
+7%
|
1
-22%
|
1
+15%
|
1
+8%
|
1
+7%
|
2
+17%
|
2
+9%
|
2
+20%
|
2
+14%
|
3
+22%
|
3
+12%
|
4
+18%
|
4
+3%
|
4
+2%
|
4
+12%
|
5
+13%
|
5
-2%
|
5
-6%
|
3
-28%
|
3
-16%
|
4
+28%
|
4
+21%
|
5
+18%
|
5
-1%
|
5
-4%
|
5
-6%
|
5
+4%
|
5
+6%
|
5
+6%
|
6
+5%
|
6
+10%
|
7
+6%
|
6
-7%
|
7
+8%
|
7
0%
|
6
-7%
|
8
+30%
|
8
-4%
|
6
-18%
|
6
-5%
|
1
-75%
|
1
-15%
|
3
+120%
|
2
-11%
|
4
+83%
|
5
+0%
|
4
-17%
|
4
+18%
|
4
+1%
|
4
-15%
|
3
-14%
|
2
-30%
|
2
-28%
|
2
+2%
|
3
+107%
|
4
+1%
|
4
+16%
|
4
-14%
|
2
-53%
|
2
+43%
|
3
+23%
|
3
+1%
|
3
0%
|
2
-43%
|
1
-22%
|
1
+10%
|
1
-34%
|
(0)
N/A
|
(0)
-297%
|
(0)
+40%
|
0
N/A
|
2
+7 190%
|
2
-21%
|
2
+38%
|
4
+65%
|
4
+8%
|
5
+20%
|
5
+8%
|
6
+16%
|
6
+3%
|
7
+20%
|
8
+8%
|
8
+0%
|
9
+10%
|
10
+11%
|
10
+6%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
| Income from Continuing Operations |
1
|
1
|
1
|
1
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
2
|
3
|
3
|
3
|
3
|
3
|
3
|
2
|
2
|
3
|
3
|
4
|
4
|
4
|
3
|
3
|
4
|
4
|
4
|
4
|
5
|
4
|
5
|
5
|
4
|
6
|
5
|
4
|
4
|
1
|
1
|
2
|
2
|
3
|
3
|
3
|
3
|
3
|
3
|
2
|
2
|
1
|
1
|
3
|
3
|
3
|
3
|
1
|
2
|
2
|
2
|
2
|
1
|
1
|
1
|
1
|
(0)
|
(0)
|
(0)
|
0
|
2
|
1
|
2
|
3
|
3
|
4
|
4
|
5
|
5
|
6
|
6
|
6
|
7
|
8
|
9
|
|
| Net Income (Common) |
1
N/A
|
1
N/A
|
1
-35%
|
1
+18%
|
0
-77%
|
1
+247%
|
1
+87%
|
1
-3%
|
1
+51%
|
1
-37%
|
1
+8%
|
1
-24%
|
1
+15%
|
1
+7%
|
1
+9%
|
1
+16%
|
1
+9%
|
2
+21%
|
2
+4%
|
2
+21%
|
2
+11%
|
2
+16%
|
3
+5%
|
3
+2%
|
3
+12%
|
3
+13%
|
3
+4%
|
3
-5%
|
2
-26%
|
2
-13%
|
3
+31%
|
3
+22%
|
4
+17%
|
4
+1%
|
4
-9%
|
3
-7%
|
3
+4%
|
4
+6%
|
4
+5%
|
4
+4%
|
4
+10%
|
5
+6%
|
4
-7%
|
5
+8%
|
5
N/A
|
4
-7%
|
6
+26%
|
5
-4%
|
4
-18%
|
4
-5%
|
1
-72%
|
1
-12%
|
2
+108%
|
2
-9%
|
3
+64%
|
3
-1%
|
3
-19%
|
3
+18%
|
3
+6%
|
3
-15%
|
2
-14%
|
2
-29%
|
1
-31%
|
1
+1%
|
3
+119%
|
3
+2%
|
3
+20%
|
3
-13%
|
1
-52%
|
2
+46%
|
2
+23%
|
2
+1%
|
2
+0%
|
1
-43%
|
1
-14%
|
1
+9%
|
1
-32%
|
(0)
N/A
|
(0)
-74%
|
(0)
+64%
|
0
N/A
|
2
+1 265%
|
1
-32%
|
2
+37%
|
3
+65%
|
3
+7%
|
4
+20%
|
4
+9%
|
5
+16%
|
5
+4%
|
6
+21%
|
6
+9%
|
6
+2%
|
7
+10%
|
8
+15%
|
9
+7%
|
|
| EPS (Diluted) |
0.41
N/A
|
0.41
N/A
|
0.26
-37%
|
0.31
+19%
|
0.07
-77%
|
0.25
+257%
|
0.47
+88%
|
0.46
-2%
|
0.69
+50%
|
0.44
-36%
|
0.47
+7%
|
0.37
-21%
|
0.42
+14%
|
0.44
+5%
|
0.48
+9%
|
0.55
+15%
|
0.6
+9%
|
0.73
+22%
|
0.76
+4%
|
0.91
+20%
|
1.01
+11%
|
1.17
+16%
|
1.22
+4%
|
1.24
+2%
|
1.39
+12%
|
1.57
+13%
|
1.63
+4%
|
1.54
-6%
|
1.14
-26%
|
0.99
-13%
|
1.29
+30%
|
1.57
+22%
|
1.8
+15%
|
1.84
+2%
|
1.67
-9%
|
1.55
-7%
|
1.57
+1%
|
1.69
+8%
|
1.77
+5%
|
1.84
+4%
|
2.03
+10%
|
2.14
+5%
|
1.99
-7%
|
2.14
+8%
|
2.13
0%
|
1.97
-8%
|
2.48
+26%
|
2.34
-6%
|
1.9
-19%
|
1.81
-5%
|
0.51
-72%
|
0.45
-12%
|
0.94
+109%
|
0.85
-10%
|
1.39
+64%
|
1.38
-1%
|
1.11
-20%
|
1.32
+19%
|
1.38
+5%
|
1.18
-14%
|
1.02
-14%
|
0.71
-30%
|
0.49
-31%
|
0.5
+2%
|
1.07
+114%
|
1.08
+1%
|
1.31
+21%
|
1.13
-14%
|
0.54
-52%
|
0.79
+46%
|
0.98
+24%
|
0.99
+1%
|
0.99
N/A
|
0.56
-43%
|
0.49
-13%
|
0.53
+8%
|
0.36
-32%
|
-0.04
N/A
|
-0.08
-100%
|
-0.03
+63%
|
0.05
N/A
|
0.77
+1 440%
|
0.52
-32%
|
0.71
+37%
|
1.17
+65%
|
1.24
+6%
|
1.49
+20%
|
1.61
+8%
|
1.87
+16%
|
1.87
N/A
|
2.29
+22%
|
2.43
+6%
|
2.37
-2%
|
2.63
+11%
|
3.02
+15%
|
3.06
+1%
|
|