Esab (ESAB) Net Income (2021 - 2026)
Esab's Net Income came in at $33.99 million for Q2 2026, down 50.1% from $68.1 million a year earlier and down 31.0% from the prior quarter.
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Analysis
Esab (ESAB) Net Income (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 3, 2026, Esab reported Net Income of $178.52 million, down 32.0% year-over-year; for FY2025, it came in at $233.23 million, down 13.9% from FY2024.
- Net Income carries a five-year compound annual growth rate of 7.8% (FY2020 to FY2025).
- Going back by year, Net Income was $270.75 million in FY2024 (+28.3%), $211.02 million in FY2023 (-7.5%), $228.01 million in FY2022 (-4.5%) and $238.68 million in FY2021 (+49.3%).
- The Q2 2026 figure represents the lowest quarterly Net Income since Q1 2023.
- Year-over-year, Net Income has declined for five consecutive quarters, with an average decline of 13.6% over the last eight quarters.
- The fastest year-over-year change in Net Income over five years came in Q1 2024 (growth of 85.4%), and the weakest in Q2 2026 (a decline of 50.1%).
- Business Quant data shows ESAB's Net Income at $49.24 million (Q1 2026), $38.78 million (Q4 2025) and $56.52 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 3.59 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 1.78 Bn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 1.38 Bn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 823.00 Mn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 1.09 Bn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 497.80 Mn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 718.00 Mn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 938.00 Mn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 815.00 Mn |
| 10 | Esab | 4.10 Bn | 2.52 Bn | 307.21 Mn | 33.99 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 33.99 Mn |
| Apr 3, 2026 | 49.24 Mn |
| Dec 31, 2025 | 38.78 Mn |
| Oct 3, 2025 | 56.52 Mn |
| Jul 4, 2025 | 68.10 Mn |
| Apr 4, 2025 | 69.83 Mn |
| Dec 31, 2024 | 54.95 Mn |
| Sep 27, 2024 | 69.83 Mn |
| Jun 28, 2024 | 84.37 Mn |
| Mar 29, 2024 | 61.59 Mn |
| Dec 31, 2023 | 51.47 Mn |
| Sep 29, 2023 | 59.11 Mn |
| Jun 30, 2023 | 67.22 Mn |
| Mar 31, 2023 | 33.22 Mn |
| Dec 31, 2022 | 62.27 Mn |
| Sep 30, 2022 | 53.32 Mn |
| Jul 1, 2022 | 56.02 Mn |
| Apr 1, 2022 | 56.40 Mn |
| Dec 31, 2021 | 40.60 Mn |
| Oct 1, 2021 | 61.43 Mn |
API Access
Esab Net Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-income&ticker=ESAB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "ticker": "ESAB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-income&ticker=ESAB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();