GMS Inc. (GMS) — Financial statements
Income statement, balance sheet, and cash flow for GMS Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 5,514↑0.2% | 5,502↑3.2% | 5,329↑15.0% | 4,635↑40.5% | 3,299 | |
| Cost of Revenue | 3,792↑1.7% | 3,727↑3.4% | 3,603↑14.5% | 3,147↑40.7% | 2,236 | |
| Gross Profit | 1,722↓3.0% | 1,775↑2.8% | 1,726↑16.0% | 1,488↑40.0% | 1,063 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 1,191↑9.5% | 1,088↑15.0% | 946↑24.2% | 761 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 7↑23.3% | 6↑42.9% | 4↑82.6% | 2 | |
| SG&A Expenses | 1,265↑5.5% | 1,199↑9.6% | 1,094↑15.1% | 950↑24.4% | 764 | |
| Other Expenses | 199↑49.4% | 133↑5.1% | 127↑6.4% | 119↑10.3% | 108 | |
| Operating Expenses | 1,464↑9.9% | 1,332↑9.1% | 1,221↑14.2% | 1,069↑22.7% | 872 | |
| Total Costs & Expenses | 5,256↑3.9% | 5,059↑4.9% | 4,824↑14.4% | 4,216↑35.7% | 3,108 | |
| Operating Results | ||||||
| Operating Income | 258↓41.8% | 443↓12.3% | 505↑20.6% | 419↑119.4% | 191 | |
| Depreciation & Amortization | 164↑23.1% | 133↑5.1% | 127↑6.4% | 119↑10.3% | 108 | |
| EBITDA | 428↓26.7% | 583↓8.9% | 640↑18.1% | 542↑80.8% | 300 | |
| EBIT | 263↓41.4% | 450↓12.4% | 513↑21.4% | 423↑121.6% | 191 | |
| Interest & Other Income | ||||||
| Net Interest Income | -89↓18.0% | -75↓14.6% | -66↓13.3% | -58↓8.0% | -54 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 89↑18.0% | 75↑14.6% | 66↑13.3% | 58↑8.0% | 54 | |
| Non-Operating Income | -6↑14.4% | -7↑16.6% | -8↓103.5% | -4↓5894.2% | 0.07 | |
| Other Income / Expenses | -83↓21.2% | -69↓19.0% | -58↓6.7% | -54↓0.5% | -54 | |
| Income Before Tax | 174↓53.4% | 374↓16.4% | 448↑22.7% | 365↑166.1% | 137 | |
| Income Tax Expense | 59↓40.0% | 98↓14.3% | 115↑25.3% | 91↑189.8% | 32 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 115↓58.2% | 276↓17.1% | 333↑21.8% | 273↑159.0% | 106 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 115↓58.2% | 276↓17.1% | 333↑21.8% | 273↑159.0% | 106 | |
| Bottom-Line Net Income | 115↓58.2% | 276↓17.1% | 333↑21.8% | 273↑159.0% | 106 | |
| EPS (Basic) | 2.97↓56.7% | 6.86↓13.7% | 7.95↑25.2% | 6.35↑157.1% | 2.47 | |
| EPS (Diluted) | 2.92↓56.7% | 6.75↓13.7% | 7.82↑25.5% | 6.23↑155.3% | 2.44 | |
| Weighted Average Shares | 39↓3.2% | 40↓4.0% | 42↓2.7% | 43↑0.7% | 43 | |
| Weighted Average Diluted Shares | 40↓3.4% | 41↓4.0% | 43↓3.0% | 44↑1.3% | 43 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.