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CECO Environmental Corp. CECE

Quarterly report 2025-Q2
added 07-29-2025

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CECO Environmental Corp. Income Statement 2011-2025 | CECE

Annual Income Statement CECO Environmental Corp.

2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Market Cap

407 M 404 M 404 M 190 M 289 M 267 M 238 M 164 M 434 M 213 M 325 M 281 M 143 M 80.3 M

Shares

34.9 M 34.7 M 34.7 M 35.3 M 35.3 M 35 M 34.7 M 34.4 M 34 M 28.8 M 25.8 M 20.1 M 14.8 M 14.4 M

Historical Prices

11.7 11.7 11.7 5.38 8.2 6.75 7.62 4.11 11 5.83 13 14.6 9.6 6.24

Net Income

13 M 12.9 M 17.4 M 1.43 M 8.21 M 17.7 M -7.12 M -3.03 M -38.2 M -5.6 M 13.1 M 6.56 M 10.8 M 8.27 M

Revenue

558 M 545 M 423 M 324 M 316 M 342 M 337 M 345 M 417 M 367 M 263 M 197 M 135 M 139 M

Cost of Revenue

362 M 374 M 294 M 223 M 211 M 228 M 226 M 232 M 282 M 258 M 178 M 136 M - -

Gross Profit

196 M 171 M 128 M 101 M 105 M 114 M 112 M 113 M 135 M 109 M 84.8 M 61.6 M 42.4 M 38.2 M

Operating Income

35.4 M 34.6 M 22.2 M 9.86 M 13.3 M 18 M 10 M 8.02 M -25.6 M 4.95 M 21.7 M 6.97 M 16.7 M 12.4 M

Interest Expense

13 M 13.4 M 5.42 M 2.95 M 3.54 M 5.4 M 7.14 M 6.72 M 7.71 M 5.96 M 3.14 M 1.5 M 1.17 M 1.14 M

EBITDA

49.9 M 47.1 M 32.8 M 19.7 M 23.3 M 28.1 M 24.1 M 24.2 M 53.1 M 41.8 M 33.1 M 21 M 17 M 12.8 M

Operating Expenses

- - - - - 94.5 M 97.1 M 96.1 M 102 M 92.9 M 61.9 M 47.4 M 25.8 M 25.8 M

General and Administrative Expenses

147 M 123 M 93.5 M 81.8 M 76.9 M 86 M 87.5 M 89 M 81.7 M 67.3 M 51.4 M 37.1 M 25.4 M 25.4 M

All numbers in USD currency

Quarterly Income Statement CECO Environmental Corp.

2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

35.3 M 35 M 35 M 35 M 34.9 M 34.8 M 34.8 M 34.8 M 34.6 M 34.4 M 34.4 M 34.5 M 34.9 M 35.1 M 35 M 35.5 M 35.5 M 35.4 M 35.5 M 35.4 M 35.3 M 35.2 M 35.3 M 35.1 M 34.9 M 34.8 M 35 M 34.8 M 34.7 M 34.6 M 34.7 M 34.5 M 34.5 M 34.2 M 34.3 M 34 M 33.9 M 33.9 M 34.1 M 28.6 M 26.3 M 26.3 M - 25.7 M 25.6 M 25.6 M - 20 M 17.8 M 17.1 M - 14.6 M 14.6 M 14.5 M - 14.4 M 14.3 M 14.3 M

Net Income

9.51 M 36 M - 2.09 M 4.48 M 1.51 M - 3.33 M 3.72 M 1.98 M - 1.94 M 4.38 M 2.81 M - -1.25 M 382 K 1.3 M - -239 K 3.26 M 3.41 M 8.4 M 1.93 M 5.52 M 1.86 M 931 K -12.9 M -901 K 5.76 M -11.6 M 3.04 M 5.49 M 38 K -51.2 M 5.83 M 4.04 M 3.06 M -3.21 M -4.82 M 2.1 M 198 K 1.86 M 3.7 M 4.49 M 3.02 M 1.86 M 3.7 M 4.49 M 3.02 M - 3.27 M 2.48 M 2.04 M - 2.32 M 1.95 M 1.26 M

Revenue

185 M 177 M - 136 M 138 M 126 M - 149 M 129 M 113 M - 108 M 105 M 92.4 M - 80 M 78.7 M 71.9 M - 77.4 M 75.2 M 80.5 M 89.4 M 85.3 M 81.2 M 86 M 93.9 M 88.3 M 81.1 M 74.1 M 73.5 M 85 M 93.9 M 92.7 M 100 M 102 M 112 M 103 M 101 M 98.2 M 87 M 81 M 76.1 M 63.3 M 66.6 M 57.2 M 76.1 M 49.8 M 44.4 M 34.4 M - 33.1 M 34.6 M 33 M - 32.9 M 32.5 M 36 M

Cost of Revenue

118 M 115 M - 90.2 M 88.5 M 81.2 M - 106 M 89.4 M 77.7 M - 76 M 73.7 M 66 M - 57.3 M 53.4 M 47.5 M - 52.6 M 49.4 M 52.2 M - 56.5 M 54.3 M 57.6 M - 59.6 M 53.9 M 48.6 M - 57.9 M 65.4 M 60.7 M - 67.9 M 78.3 M 71.6 M - 67.4 M 60.3 M 60 M - 42.2 M 45.2 M - - - - - - - - - - - - -

Gross Profit

67.1 M 62.2 M - 45.3 M 49 M 45.1 M - 43.1 M 39.8 M 34.9 M - 32.4 M 31.7 M 26.4 M - 22.7 M 25.3 M 24.4 M - 24.8 M 25.8 M 28.3 M 30 M 28.8 M 26.8 M 28.4 M 29.8 M 28.7 M 27.5 M 25.6 M 25.6 M 27.1 M 28.5 M 31.9 M 35.7 M 33.7 M 33.9 M 31.6 M 30.8 M 30.8 M 26.6 M 21 M 22.6 M 21.1 M 21.4 M 19.7 M 22.6 M 21.1 M 21.4 M 19.7 M - 10.5 M 10.5 M 10.2 M - 9.7 M 8.7 M 8.47 M

Operating Income

18.1 M 61.9 M - 7.19 M 9.26 M 7.69 M - 7.85 M 8.6 M 5.46 M - 2.77 M 5.75 M 5.2 M - -596 K 2.14 M 3.05 M - 1.02 M 4.4 M 4.24 M - 4.06 M 2.02 M 4.89 M - -10.4 M 2.58 M 12.2 M - 5.63 M 9.26 M 1.35 M - 10.5 M 8.56 M 5.81 M - -2.19 M 4.49 M 2.98 M - 5.24 M 7.19 M 5.49 M - -3.36 M 3.31 M 3.34 M - 4.25 M 4.28 M 3.75 M - 3.31 M 2.84 M 2.42 M

Interest Expense

4.9 M 6.22 M - 2.65 M 3.25 M 3.41 M - 3.34 M 3.75 M 2.41 M - 1.57 M 1.1 M 822 K - 722 K 704 K 725 K - 772 K 944 K 1.02 M - 1.32 M 1.46 M 1.54 M - 1.73 M 1.79 M 1.92 M - 1.6 M 1.64 M 1.71 M - 1.91 M 1.98 M 2.1 M - 1.71 M 1.17 M 960 K - 767 K 746 K 742 K - 456 K 154 K 97 K - 291 K 266 K 271 K - 296 K 284 K 290 K

EBITDA

21 M 67 M - 10.8 M 11.5 M 11.2 M - 11 M 11.4 M 8.35 M - 5.71 M 8.12 M 7.49 M - 1.87 M 4.62 M 5.49 M - 3.59 M 6.85 M 6.44 M - 6.69 M 4.77 M 7.66 M - -6.5 M 6.04 M 15.6 M - 9.57 M 13.3 M 5.49 M - 15.2 M 13.7 M 11 M - 2.08 M 7.98 M 6.43 M - 7.96 M 9.81 M 8.26 M - -1.47 M 4.21 M 3.75 M - 4.55 M 4.58 M 4.06 M - 3.65 M 3.21 M 2.79 M

General and Administrative Expenses

48.8 M 53.5 M - 34.3 M 36.5 M 34.9 M - 30.4 M 28.5 M 27.2 M - 25.2 M 23 M 18.7 M - 20.9 M 20.5 M 19.5 M - 19 M 18.4 M 22 M - 21.8 M 22.4 M 21.3 M - 22.2 M 22 M 21.6 M - 22 M 21.5 M 23.3 M - 19.5 M 20.1 M 20.9 M - 18.1 M 14.4 M 13.7 M - 13 M 11.7 M 11.7 M - 9.35 M 8.1 M 6.59 M - 6.2 M 6.19 M 6.34 M - 6.27 M 5.74 M 5.95 M

All numbers in USD currency

The income statement is one of the three key financial reports of a company CECO Environmental Corp. (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

  • How much revenue the company earned
  • How much it spent on production, personnel, marketing, taxes, etc.
  • What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features
  • The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
  • Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
  • A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

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