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LeMaitre Vascular LMAT
$ 80.45 0.99%
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Quarterly report 2026-Q2
added 08-05-2026

LeMaitre Vascular Income Statement 2025-2008 | LMAT

Brief overview of revenue and earnings at LeMaitre Vascular

The conclusions below are based on five years of reported results. LeMaitre Vascular reported revenue of $129 million in 2020 and $250 million by 2025. The total change was +92.9%, with a CAGR of approximately 14%. The company expanded its sales base at a healthy rate.

At the gross-profit level, the result moved from $84.6 million to $179 million, a change of +111%. Direct costs grew more slowly than revenue and improved the economics of sales. Comparing the endpoints gives gross margins of 65.4% and 71.5%. A wider margin shows that the economics of the core business improved.

The five-year EBITDA result moved by +110.7%: from 37.2 million dollars to 78.3 million dollars. EBITDA grew faster than revenue, indicating positive operating leverage. EBITDA margin was 28.7% at the start and 31.4% at the end. Higher profitability strengthens the quality of operating growth.

The net result moved from $21.2 million to $57.7 million, or +171.9%. Net profit ended the five years at a local peak.

The market value of the business moved from 811 million dollars to 2.5 billion dollars, or +213%. Market value supported the favorable financial trajectory.

Summary assessment

The results point to consistent and sustainable progress. The constructive conclusion rests on sales growth, higher operating efficiency and improving gross profitability. The next reporting periods will show whether revenue, margins, and final profitability can strengthen.

Annual Income Statement LeMaitre Vascular

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008

Market Cap

2.54 B 2.07 B 1.55 B 1.11 B 1.06 B 811 M 707 M 462 M 671 M 419 M 259 M 132 M 122 M 92.4 M 89.8 M 87.5 M 43.9 M -

Shares

22.6 M 22.5 M 22.2 M 22 M 21.2 M 20.2 M 19.8 M 19.4 M 19 M 18.5 M 17.8 M 16.6 M 15.3 M 15.2 M 15.5 M 15.6 M 15.7 M -

Historical Prices

112 92.2 69.8 50.3 50.1 40.1 35.1 22.8 30.5 24.1 16.2 7.07 7.28 5.13 5.2 5.6 2.8 3.18

Net Income

57.7 M 44 M 30.1 M 20.6 M 26.9 M 21.2 M 17.9 M 22.9 M 17.2 M 10.6 M 7.76 M 3.92 M 3.2 M 2.57 M 2.14 M 6.01 M 1.6 M -

Revenue

250 M 220 M 193 M 162 M 154 M 129 M 117 M 106 M 101 M 89.2 M 78.4 M 71.1 M 64.5 M 56.7 M 57.7 M - - -

Cost of Revenue

71.1 M 69 M 66.4 M 56.8 M 53 M 44.7 M 37.4 M 31.6 M 30.2 M 26.2 M - - - - - - - -

Gross Profit

179 M 151 M 127 M 105 M 101 M 84.6 M 79.9 M 73.9 M 70.7 M 62.9 M 54.2 M 48.4 M 45.1 M 40.9 M 40.2 M 41.7 M 37.3 M -

Operating Income

67.9 M 52.3 M 36.7 M 26.8 M 36.4 M 28.8 M 21.2 M 28.2 M 21.1 M 16.3 M 11.5 M 6.34 M 4.52 M 4.24 M 3.69 M 4.02 M 1.95 M -

Interest Expense

5.18 M 205 K -314 K - 2.22 M 1.31 M - 2 K 21 K 14 K - 5 K 12 K 1 K - 5 K 26 K -

EBITDA

78.3 M 61.9 M 46.2 M 36.3 M 47.5 M 37.2 M 26.6 M 25.1 M 25.2 M 19.9 M 14.5 M 10.4 M 7.31 M 6.23 M 7.24 M 5.39 M 3.37 M -

Operating Expenses

111 M 98.6 M 90.3 M 78.1 M 65 M 55.8 M 58.7 M 53.2 M 49.6 M 46.6 M 43 M 41.3 M 40.6 M 36.9 M 35 M 37.7 M 35.4 M -

General and Administrative Expenses

42 M 36.3 M 31.8 M 28.7 M 25.5 M 22.5 M 19.1 M 17.7 M 17 M 14.4 M 14 M 13.9 M 12.6 M 11 M 11.2 M 10.5 M 9.85 M -

All numbers in USD currency

Quarterly Income Statement LeMaitre Vascular

2026-Q2 2026-Q1 2025-Q3 2025-Q2 2025-Q1 2024-Q3 2024-Q2 2024-Q1 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

22.9 M 22.8 M 22.7 M 22.6 M 22.6 M 22.5 M 22.5 M 22.4 M 22.3 M 22.2 M 22.1 M - 22 M 22 M 21.9 M - 21.6 M 20.6 M 20.5 M - 20.3 M 20.2 M 20.2 M - 19.9 M 19.7 M 19.6 M - 19.5 M 19.3 M 19.3 M - 19.1 M 18.8 M 18.6 M - 18.5 M 18.4 M 18.3 M - 17.9 M 17.6 M 17.4 M - 17.3 M 16.1 M 15.6 M - 15.3 M 15.2 M 15.2 M - 15.1 M 15.2 M 15.3 M - 15.5 M 15.5 M 15.5 M

Net Income

17 M 15.7 M 17.4 M 13.8 M 11 M 11.1 M 11.8 M 9.89 M 7.5 M 8.1 M 6.04 M - 5.46 M 3.52 M 6.04 M 6.18 M 6.5 M 8.3 M 5.93 M 7.03 M 7.51 M 3.5 M 3.17 M 4.61 M 5.18 M 4.62 M 3.51 M 6.02 M 4.31 M 8.75 M 3.85 M 4.28 M 5.04 M 4.63 M 3.22 M 2.6 M 3.23 M 2.6 M 2.17 M 2.53 M 2.09 M 1.77 M 1.37 M 1.92 M 934 K 1.27 M -207 K 746 K 721 K 889 K 846 K 698 K 663 K 824 K 386 K 346 K 1.21 M 519 K 64 K

Revenue

70.4 M 66.6 M 61 M 64.2 M 59.9 M 54.8 M 55.8 M 53.5 M 47.4 M 50.1 M 47.1 M - 39 M 42.1 M 39.6 M 39.5 M 38.4 M 40.7 M 35.9 M 37.5 M 36.4 M 24.9 M 30.6 M 30.2 M 29.1 M 29.5 M 28.5 M 28.4 M 24.2 M 27 M 26 M 26.2 M 24.8 M 25.8 M 24.1 M 23.3 M 23.2 M 22.4 M 20.3 M - 19 M 19.9 M 18.9 M - 17.5 M 18.2 M 16.8 M - 15.3 M 16 M 15.4 M - 13.6 M 14.4 M 13.9 M - 14.6 M 15.1 M 14.6 M

Cost of Revenue

19.6 M 18.2 M 15.1 M 19.3 M 18.5 M 17.6 M 17.4 M 16.8 M 16.6 M 18 M 16.2 M - 14 M 14.3 M 13.6 M - 13.5 M 13.9 M 12.1 M - 13.7 M 7.82 M 10.1 M - 8.93 M 9.17 M 9.02 M - 6.91 M 8.03 M 7.52 M - 7.24 M 8.24 M - - - - - - - - - - - - - - - - - - - - - - - - -

Gross Profit

50.8 M 48.4 M 46 M 45 M 41.4 M 37.2 M 38.5 M 36.7 M 30.8 M 32.1 M 30.9 M - 25.1 M 27.8 M 26 M 26 M 24.9 M 26.8 M 23.8 M 24.4 M 22.7 M 17 M 20.5 M 19.9 M 20.2 M 20.3 M 19.5 M 19.2 M 17.3 M 19 M 18.5 M 18.3 M 17.6 M 17.5 M 17.4 M 16.2 M 17 M 15.4 M 14.4 M 14.4 M 13.5 M 13.1 M 13.1 M 12.8 M 12 M 12.4 M 11.2 M 12 M 10.7 M 11.2 M 11.2 M 10.4 M 10 M 10.5 M 9.87 M 9.52 M 10.2 M 10.4 M 10.2 M

Operating Income

20.4 M 17.8 M 20.3 M 16.1 M 12.6 M 13.1 M 14.4 M 11.9 M 9.18 M 9.45 M 7.87 M - 6.15 M 5.78 M 7.93 M 8.3 M 9.07 M 11.1 M 7.94 M 9.54 M 10 M 4.87 M 4.35 M 4.93 M 5.9 M 5.92 M 4.44 M 7.19 M 4.61 M 11.5 M 4.86 M 6.32 M 5.05 M 5.54 M 4.19 M 3.91 M 5.34 M 3.78 M 3.3 M - 3.32 M 2.79 M 2.31 M - 1.85 M 1.98 M -231 K - 776 K 1.45 M 1.12 M - 1 M 1.46 M 854 K - 1.99 M 897 K -30 K

Interest Expense

1.3 M 1.3 M 1.3 M 1.3 M 1.29 M - - - - - - - - - - - 621 K 495 K 577 K - 665 K 66 K - - - - - - - - - - - - - - - - - - - - - - 6 K - - - 6 K 8 K 4 K - - - - - 2 K 8 K 8 K

EBITDA

25.7 M 20.4 M 21.8 M 17.6 M 15.2 M 14.6 M 15.9 M 14.3 M 10.7 M 11 M 10.2 M - 7.68 M 7.38 M 10.3 M 8.3 M 17.3 M 12.7 M 10.6 M 9.54 M 15.9 M 8.05 M 5.89 M 4.93 M 9.88 M 8.54 M 5.72 M 7.19 M 7.72 M 13.6 M 5.9 M 6.32 M 8.02 M 7.5 M 5.17 M 3.91 M 8 M 5.6 M 4.18 M - 5.82 M 4.47 M 3.14 M - 4.27 M 3.6 M 600 K - 2.75 M 2.7 M 1.73 M - 2.63 M 2.56 M 1.4 M - 3.46 M 1.85 M 431 K

Operating Expenses

30.4 M 30.6 M 25.6 M 28.8 M 28.8 M 24 M 24.1 M 24.8 M 21.6 M 22.6 M 23 M - 18.9 M 22 M 18 M - 15.8 M 15.7 M 15.9 M - 12.7 M 12.2 M 16.1 M - 14.3 M 14.4 M 15 M - 12.6 M 7.45 M 13.6 M - 12.5 M 12 M 13.2 M - 11.7 M 11.6 M 11.1 M - 10.2 M 10.3 M 10.8 M - 10.2 M 10.4 M 11.5 M - 9.94 M 9.79 M 10.1 M - 9.01 M 9.09 M 9.02 M - 8.19 M 9.47 M 10.2 M

General and Administrative Expenses

11.1 M 12 M 10.8 M 10.4 M 10.5 M 8.93 M 8.82 M 9.01 M 7.74 M 7.72 M 7.93 M - 7.23 M 7.33 M 7.25 M - 6 M 6.2 M 6.54 M - 5.9 M 5.33 M 5.19 M - 4.55 M 4.53 M 4.94 M - 3.98 M 4.55 M 4.7 M - 4.56 M 3.75 M 4.55 M - 3.6 M 3.41 M 3.34 M - 3.46 M 3.3 M 3.62 M - 3.76 M 3.3 M 3.32 M - 3.28 M 3.07 M 2.88 M - 2.89 M 2.72 M 2.67 M - 2.8 M 2.87 M 2.85 M

All numbers in USD currency

The income statement is one of the three key financial reports of a company LeMaitre Vascular (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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