Stevanato Group SpA
NYSE:STVN
Income Statement
Earnings Waterfall
Stevanato Group SpA
Income Statement
Stevanato Group SpA
| Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||
| Interest Expense |
6
|
6
|
6
|
5
|
5
|
5
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
5
|
5
|
5
|
7
|
7
|
8
|
0
|
|
| Revenue |
662
N/A
|
718
+9%
|
761
+6%
|
818
+8%
|
844
+3%
|
863
+2%
|
893
+3%
|
924
+3%
|
984
+6%
|
1 010
+3%
|
1 031
+2%
|
1 057
+3%
|
1 085
+3%
|
1 083
0%
|
1 088
+0%
|
1 094
+1%
|
1 104
+1%
|
1 125
+2%
|
1 145
+2%
|
1 170
+2%
|
|
| Gross Profit | |||||||||||||||||||||
| Cost of Revenue |
(468)
|
(498)
|
(526)
|
(567)
|
(578)
|
(595)
|
(613)
|
(629)
|
(661)
|
(676)
|
(690)
|
(709)
|
(735)
|
(747)
|
(761)
|
(775)
|
(787)
|
(802)
|
(815)
|
(828)
|
|
| Gross Profit |
194
N/A
|
220
+13%
|
235
+7%
|
251
+7%
|
266
+6%
|
268
+1%
|
280
+4%
|
295
+5%
|
323
+10%
|
334
+3%
|
341
+2%
|
348
+2%
|
350
+1%
|
336
-4%
|
327
-3%
|
320
-2%
|
317
-1%
|
323
+2%
|
330
+2%
|
343
+4%
|
|
| Operating Income | |||||||||||||||||||||
| Operating Expenses |
(91)
|
(90)
|
(91)
|
(94)
|
(104)
|
(108)
|
(120)
|
(124)
|
(132)
|
(137)
|
(134)
|
(134)
|
(137)
|
(137)
|
(142)
|
(144)
|
(136)
|
(134)
|
(134)
|
(135)
|
|
| Selling, General & Administrative |
(73)
|
(72)
|
(71)
|
(72)
|
(76)
|
(77)
|
(88)
|
(93)
|
(101)
|
(110)
|
(108)
|
(105)
|
(103)
|
(100)
|
(102)
|
(104)
|
(104)
|
(106)
|
(109)
|
(111)
|
|
| Research & Development |
(15)
|
(19)
|
(22)
|
(25)
|
(26)
|
(31)
|
(31)
|
(31)
|
(31)
|
(32)
|
(31)
|
(32)
|
(31)
|
(33)
|
(34)
|
(32)
|
(28)
|
(24)
|
(21)
|
(22)
|
|
| Depreciation & Amortization |
(9)
|
(6)
|
(6)
|
(7)
|
(10)
|
(8)
|
(7)
|
(7)
|
(11)
|
(6)
|
(9)
|
(11)
|
(14)
|
(14)
|
(14)
|
(14)
|
(13)
|
(13)
|
(13)
|
(13)
|
|
| Other Operating Expenses |
5
|
8
|
9
|
10
|
9
|
8
|
7
|
7
|
11
|
11
|
14
|
14
|
10
|
11
|
7
|
7
|
9
|
9
|
9
|
10
|
|
| Operating Income |
103
N/A
|
131
+27%
|
144
+10%
|
158
+10%
|
163
+3%
|
160
-1%
|
160
0%
|
171
+7%
|
191
+12%
|
197
+3%
|
207
+5%
|
214
+3%
|
213
0%
|
199
-6%
|
185
-7%
|
176
-5%
|
181
+3%
|
189
+5%
|
197
+4%
|
208
+6%
|
|
| Pre-Tax Income | |||||||||||||||||||||
| Interest Income Expense |
(5)
|
(4)
|
(5)
|
(9)
|
4
|
3
|
1
|
5
|
(5)
|
(8)
|
(6)
|
(5)
|
(11)
|
(6)
|
(4)
|
(4)
|
(0)
|
0
|
(3)
|
(7)
|
|
| Non-Reccuring Items |
0
|
0
|
7
|
(1)
|
(0)
|
(3)
|
(6)
|
2
|
2
|
(2)
|
(11)
|
(14)
|
(12)
|
(14)
|
(17)
|
(18)
|
(20)
|
(18)
|
(13)
|
(12)
|
|
| Total Other Income |
(2)
|
1
|
1
|
1
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
| Pre-Tax Income |
96
N/A
|
127
+32%
|
147
+16%
|
148
+0%
|
166
+12%
|
160
-3%
|
154
-4%
|
178
+15%
|
188
+6%
|
187
0%
|
190
+1%
|
195
+2%
|
190
-3%
|
180
-5%
|
164
-9%
|
155
-6%
|
160
+3%
|
170
+6%
|
180
+6%
|
188
+5%
|
|
| Net Income | |||||||||||||||||||||
| Tax Provision |
(18)
|
(19)
|
(26)
|
(24)
|
(31)
|
(35)
|
(32)
|
(38)
|
(45)
|
(44)
|
(43)
|
(46)
|
(44)
|
(43)
|
(42)
|
(40)
|
(43)
|
(44)
|
(45)
|
(47)
|
|
| Income from Continuing Operations |
79
|
108
|
122
|
124
|
134
|
126
|
122
|
139
|
143
|
144
|
147
|
149
|
146
|
136
|
123
|
115
|
118
|
126
|
134
|
140
|
|
| Income to Minority Interest |
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
79
N/A
|
108
+37%
|
121
+13%
|
124
+2%
|
134
+9%
|
126
-7%
|
122
-3%
|
139
+14%
|
143
+3%
|
143
+0%
|
147
+3%
|
149
+1%
|
146
-2%
|
136
-7%
|
123
-10%
|
115
-6%
|
118
+2%
|
126
+7%
|
134
+7%
|
140
+5%
|
|
| EPS (Diluted) |
0.27
N/A
|
0.37
+37%
|
0.42
+14%
|
0.46
+10%
|
0.53
+15%
|
0.46
-13%
|
0.46
N/A
|
0.53
+15%
|
0.54
+2%
|
0.55
+2%
|
0.56
+2%
|
0.56
N/A
|
0.55
-2%
|
0.51
-7%
|
0.46
-10%
|
0.43
-7%
|
0.43
N/A
|
0.47
+9%
|
0.5
+6%
|
0.52
+4%
|
|