CTS Corporation (CTS) — Financial statements
Income statement, balance sheet, and cash flow for CTS Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 542↑5.2% | 516↓6.4% | 551↓6.2% | 587↑14.4% | 513 | |
| Cost of Revenue | 333↑1.9% | 327↓9.7% | 362↓3.9% | 377↑14.4% | 330 | |
| Gross Profit | 209↑10.9% | 188↑0.0% | 188↓10.2% | 210↑14.4% | 183 | |
| Operating Expenses | ||||||
| R&D Expenses | 25↑8.0% | 23↓6.1% | 25↑3.4% | 24↑1.0% | 24 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 99↑11.8% | 88↑5.3% | 84↓8.4% | 92↑10.8% | 83 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 124↑11.0% | 112↑2.7% | 109↓6.0% | 116↑8.6% | 106 | |
| Total Costs & Expenses | 457↑4.2% | 439↓6.8% | 471↓4.4% | 493↑13.0% | 436 | |
| Operating Results | ||||||
| Operating Income | 85↑10.7% | 77↓3.7% | 79↓15.5% | 94↑22.4% | 77 | |
| Depreciation & Amortization | 35↑11.7% | 31↑7.7% | 29↓3.5% | 30↑10.5% | 27 | |
| EBITDA | 119↑10.3% | 108↓1.2% | 109↓3.3% | 113↑447.5% | -33 | |
| EBIT | 85↑9.7% | 77↓4.4% | 81↓3.2% | 83↑240.3% | -60 | |
| Interest & Other Income | ||||||
| Net Interest Income | -3↓7419.6% | 0.05↓96.4% | 1↑249.4% | -0.87↑31.9% | -1 | |
| Interest Income | 2↓50.2% | 4↓7.4% | 5↑248.8% | 1↑57.9% | 0.84 | |
| Interest Expense | 6↑29.9% | 4↑27.2% | 3↑52.0% | 2↑3.8% | 2 | |
| Non-Operating Income | 0.00↑100.0% | -0.71↑46.4% | -1↓112.6% | 11↓92.3% | 136 | |
| Other Income / Expenses | -0.97↑81.7% | -5↓23.3% | -4↑67.5% | -13↑90.4% | -138 | |
| Income Before Tax | 84↑17.6% | 71↓5.2% | 75↓6.9% | 81↑232.6% | -61 | |
| Income Tax Expense | 18↑40.8% | 13↓10.3% | 15↓30.9% | 21↑211.3% | -19 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 65↑12.4% | 58↓4.0% | 61↑1.6% | 60↑242.3% | -42 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 65↑12.4% | 58↓4.0% | 61↑1.6% | 60↑242.3% | -42 | |
| Bottom-Line Net Income | 65↑12.4% | 58↓4.0% | 61↑1.6% | 60↑242.3% | -42 | |
| EPS (Basic) | 2.21↑15.7% | 1.91↓1.0% | 1.93↑3.8% | 1.86↑243.1% | -1.30 | |
| EPS (Diluted) | 2.19↑15.9% | 1.89↓1.6% | 1.92↑3.8% | 1.85↑242.3% | -1.30 | |
| Weighted Average Shares | 30↓3.0% | 30↓3.0% | 31↓1.9% | 32↓1.1% | 32 | |
| Weighted Average Diluted Shares | 30↓3.0% | 31↓2.7% | 32↓2.0% | 32↓0.3% | 32 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.