Valmont Industries, Inc. (VMI) FY2026 YTD Q2 P&L / Income Statement
2025-12-28 to 2026-06-27
Revenue by Business Segment (4 categories)
2025-12-28 to 2026-06-27
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Valmont Industries, Inc. (VMI) FY2026 YTD Q2 P&L / Income Statement
Income statement for 2025-12-28 through 2026-06-27. View: Business segment (4 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Net sales
- 2,147,886,000 US dollars
- Total cost of sales
- 1,490,191,000 US dollars
- Gross profit
- 657,695,000 US dollars
- Operating expenses (calculated)
- 335,958,000 US dollars
- Operating income
- 321,737,000 US dollars
- Total other expenses
- negative 14,123,000 US dollars
- Earnings before income taxes and equity method investment loss
- 307,614,000 US dollars
- Total income tax expense
- 79,104,000 US dollars
- Net earnings (loss)
- 228,246,000 US dollars
- Infrastructure
- 1,684,862,000 US dollars
- Agriculture
- 470,695,000 US dollars
- Selling, general, and administrative expenses
- 335,958,000 US dollars
- Revenue before reconciliation (calculated)
- 2,155,557,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- Infrastructure
- negative 4,964,000 US dollars. Reported reconciliation to consolidated revenue.
- Agriculture
- negative 2,707,000 US dollars. Reported reconciliation to consolidated revenue.
- Equity method investment loss
- negative 264,000 US dollars. Reported below-tax contribution to net income.
- Infrastructure costs (calculated)
- 1,387,463,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- Agriculture costs (calculated)
- 397,309,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- Reconciling items (calculated)
- 41,377,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
Chart connections
- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
- Of which attributable to Valmont Industries, Inc.: $227.95 M; to noncontrolling interests: $295.00 K.

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Gross margin
30.6%
Gross profit / revenue
Operating margin
15.0%
Operating profit / revenue
Cash conversion
110.2%
Operating cash / net income, same period
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