Global Industrial Company (GIC) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	1.4B	1.4B	1.3B	1.3B	1.2B
Cost of Revenue	913.8M	888.9M	863.9M	838.5M	744.9M
Gross Profit	522.4M	490.2M	452.0M	435.8M	421.2M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	402.0M	392.6M	367.1M	335.0M	316.0M
General & Admin Expense	109.9M	—	276.5M	255.2M	—
Selling & Marketing Expense	190.8M	—	90.6M	79.8M	316.0M
Other Expenses	4.6M	—	4.4M	4.3M	—
Total Operating Expenses	406.6M	392.6M	371.5M	339.3M	316.0M
Cost and Expenses	1.3B	1.3B	1.2B	1.2B	1.1B
Operating Income (EBIT)	115.8M	97.6M	80.5M	96.5M	105.2M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	600.0K	100.0K	200.0K	1.1M	1.1M
Net Interest Income	(600.0K)	(100.0K)	(200.0K)	(1.1M)	(1.1M)
Other Non-Op Income/Expense	900.0K	—	(700.0K)	(1.3M)	(1.4M)
Non-Operating Income (excl Interest)	500.0K	—	500.0K	200.0K	300.0K
EBT (Pre-Tax Income)	116.7M	97.6M	79.8M	95.2M	103.8M
Income Tax Expense	30.9M	25.6M	19.1M	24.5M	25.7M
Bottom Line
Net Income	87.1M	72.1M	61.0M	70.7M	78.8M
Earnings from Cont. Ops	85.8M	72.1M	60.7M	70.7M	78.1M
Earnings from Discont. Ops	1.3M	—	300.0K	—	700.0K
Bottom Line Net Income	87.1M	72.1M	60.6M	70.3M	78.5M
Per Share
Basic EPS	$2.24	$1.86	$1.59	$1.85	$2.07
Diluted EPS	$2.23	$1.85	$1.58	$1.84	$2.06
Revenue Per Share	$37.60	$35.91	$34.36	$33.45	$30.69
Shares
Basic Shares Outstanding	38.2M	38.4M	38.3M	38.1M	38.0M
Diluted Shares Outstanding	38.2M	38.4M	38.4M	38.2M	38.1M
Profitability Metrics
EBITDA	123.1M	105.3M	87.6M	102.7M	108.8M
D&A	7.8M	7.7M	7.6M	6.4M	3.9M
EBIT	115.3M	97.6M	80.0M	96.3M	104.9M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026