ASCENT INDUSTRIES CO.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $74.9M | $80.8M | $193.2M | $262.0M | $334.7M |
| Cost of revenue | $57.7M | $70.1M | $191.7M | $218.7M | $273.9M |
| Gross profit | $17.2M | $10.7M | $1.5M | $43.3M | $60.8M |
| Selling, general & administrative | $23.0M | $19.9M | $26.7M | $27.6M | $30.1M |
| Research and development | $71,000 | $0 | — | — | — |
| Operating income | -$7.0M | -$10.8M | -$37.4M | $14.5M | $27.3M |
| Interest expense | — | $418,000 | $4.2M | $2.7M | $1.5M |
| Pretax income | -$5.6M | -$10.8M | -$41.1M | $12.0M | $25.5M |
| Income tax expense | $22,000 | $1.8M | -$6.9M | -$5.6M | $5.3M |
| Net income | $867,000 | -$13.6M | -$26.6M | $22.1M | $20.2M |
| Balance Sheet | |||||
| Cash and equivalents | $57.6M | $16.1M | $1.9M | $1.4M | $2.0M |
| Current assets | $83.0M | $83.1M | $89.4M | $170.4M | $160.0M |
| Total assets | $111.9M | $147.2M | $163.3M | $269.0M | $266.0M |
| Current liabilities | $12.4M | $22.3M | $24.8M | $33.5M | $50.5M |
| Total liabilities | $24.9M | $53.7M | $55.9M | $134.8M | $154.4M |
| Stockholders' equity | $87.0M | $93.5M | $107.4M | $134.3M | $111.6M |
| Cash Flow Statement | |||||
| Cash from operations | -$519,000 | $14.7M | $23.1M | $5.6M | $19.1M |
| Depreciation and amortization | $1.1M | $1.0M | $6.2M | $12.7M | $10.3M |
| Stock-based compensation | $1.3M | $760,000 | $1.0M | $1.4M | $799,000 |
| Capital expenditure | $1.5M | $1.1M | $2.9M | $3.4M | $1.5M |
| Free cash flow | -$2.1M | $13.6M | $20.2M | $2.2M | $17.6M |
| Share repurchases | $9.1M | $1.0M | $1.3M | $1.3M | $0 |
| Impairments | $1.6M | $0 | $11.4M | $0 | $0 |
Shares outstanding 9.0M · Free float 83.7%
Annual filing data through FY ended December 31, 2025; float as of July 8, 2026.