ESCO Technologies Inc. (ESE) financial statements: income statement, balance sheet and cash flow
ESCO Technologies Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Sep 30, 2025 · FY), ESCO Technologies Inc. reported revenue of $1.1B (+6.7% year on year) and net income of $299.2M (+193.7% year on year).
Income statement
ESCO Technologies Inc. income statement, fiscal years
Line item
Sep 30, 2025 · FY
Sep 30, 2024 · FY
Sep 30, 2023 · FY
Sep 30, 2022 · FY
Net sales
$1.1B
$1.0B
$956.0M
$857.5M
Cost of sales
$634.3M
$622.7M
$580.4M
$525.5M
Selling, general and administrative expenses
$234.6M
$224.0M
$217.1M
$195.1M
Amortization of intangible assets
$53.3M
$32.8M
$29.0M
$25.9M
Interest expense, net
$17.5M
$15.2M
$8.8M
$4.9M
Other expenses (income), net
$2.8M
$2.1M
$1.9M
($304.0K)
Total costs and expenses
$942.5M
$896.9M
$837.1M
$751.1M
Earnings before income tax
$152.9M
$129.9M
$118.9M
$106.4M
Income tax expense
$36.6M
$28.0M
$26.4M
$24.1M
Net earnings from continuing operations
$116.3M
—
—
$82.3M
Earnings (loss) from discontinued operations, net of tax expense of $3,464, tax benefit of $317 and tax expense of $1,718 in 2025, 2024 and 2023, respectively
$10.3M
—
—
—
Gain on sale from discontinued operations, net of tax expense of $54,000
$172.6M
—
—
—
Net earnings (loss) from discontinued operations
$182.9M
—
—
—
Net earnings
$299.2M
$101.9M
$92.5M
$82.3M
Continuing operations (In dollars per share)
$4.50
—
—
$3.17
Discontinued operations (In dollars per share)
$7.09
—
—
—
Net earnings (In dollars per share)
$11.59
$3.95
$3.59
$3.17
Continuing operations (In dollars per share)
$4.49
—
—
$3.16
Discontinued operations (In dollars per share)
$7.06
—
—
—
Net earnings (In dollars per share)
$11.55
$3.94
$3.58
$3.16
Average common shares outstanding - Basic (In shares)
25.8M
25.8M
25.8M
25.9M
Average common shares outstanding - Diluted (In shares)
25.9M
25.9M
25.9M
26.1M
ESCO Technologies Inc. income statement, quarters
Line item
Jun 30, 2026 · Q3
Mar 31, 2026 · Q2
Dec 31, 2025 · Q1
Jun 30, 2025 · Q3
Net sales
$339.0M
$309.3M
$289.7M
$296.3M
Cost of sales
$197.5M
$178.0M
$169.7M
$174.3M
Selling, general and administrative expenses
$71.0M
$62.8M
$61.2M
$62.0M
Amortization of intangible assets
$20.3M
$20.4M
$20.3M
$16.8M
Interest expense, net
$8.7M
$2.4M
$2.9M
$7.9M
Other expenses, net
$508.0K
$1.8M
$30.0K
$2.2M
Total costs and expenses
$298.1M
$265.5M
$254.2M
$263.3M
Earnings before income taxes
$41.0M
$43.9M
$35.5M
$33.1M
Income tax expense
$8.2M
$10.3M
$6.8M
$8.3M
Earnings from continuing operations
$32.7M
$33.6M
$28.7M
$24.8M
Net earnings
$32.7M
$34.7M
$28.7M
$26.1M
Continuing operations (In dollars per share)
$1.26
$1.29
$1.11
$0.96
Discontinued operations (In dollars per share)
$0.00
$0.05
—
$0.05
Net earnings (In dollars per share)
$1.26
$1.34
$1.11
$1.01
Balance sheet
ESCO Technologies Inc. balance sheet, fiscal years
Line item
Sep 30, 2025 · FY
Sep 30, 2024 · FY
Sep 30, 2023 · FY
Sep 30, 2022 · FY
Cash and cash equivalents
$101.3M
$66.0M
$41.9M
$97.7M
Accounts receivable, less allowance for credit losses of $3,205 and $2,734 in 2025 and 2024, respectively
$253.6M
$240.7M
$198.6M
$164.6M
Contract assets, net
$90.7M
$130.5M
$138.6M
$125.2M
Inventories
$217.8M
$209.2M
$184.1M
$162.4M
Other current assets
$25.1M
$22.3M
$18.0M
$22.7M
Total current assets
$688.5M
$668.6M
$581.1M
$572.6M
Land and land improvements
$9.4M
$12.4M
$12.4M
$12.1M
Buildings and leasehold improvements
$131.4M
$125.7M
$112.8M
$110.3M
Machinery and equipment
$197.9M
$209.0M
$186.9M
$187.3M
Construction in progress
$20.6M
$20.7M
$18.2M
$11.6M
Property, Plant and Equipment, Gross
$359.3M
$367.9M
$330.2M
$321.3M
Less accumulated depreciation and amortization
($186.8M)
($197.3M)
($174.7M)
($165.3M)
Net property, plant and equipment
$172.5M
$170.6M
$155.5M
$156.0M
Intangible assets, net
$724.0M
$407.6M
$392.1M
$394.5M
Goodwill
$761.9M
$539.9M
$503.2M
$492.7M
Operating lease assets, net
$47.7M
$37.7M
$39.8M
$29.1M
Other assets
$15.8M
$14.1M
$11.5M
$9.5M
Total Assets
$2.4B
$1.8B
$1.7B
$1.7B
Current maturities of long-term debt
$20.0M
$20.0M
$20.0M
$20.0M
Accounts payable
$96.5M
$98.4M
$87.0M
$78.7M
Contract liabilities, net
$216.6M
$124.8M
$112.3M
$125.0M
Accrued salaries
$53.3M
$47.7M
$43.8M
$40.6M
Income tax payable - current
$62.0M
—
—
—
Accrued other expenses
$59.7M
$59.0M
$51.6M
$53.8M
Total current liabilities
$508.1M
$349.9M
$314.7M
$318.1M
Deferred tax liabilities, net
$112.4M
$75.3M
$75.5M
$82.0M
Non-current operating lease liabilities
$44.4M
$34.8M
$36.6M
$24.9M
Other liabilities
$38.6M
$39.3M
$43.3M
$48.3M
Long-term debt
$166.0M
$102.0M
$82.0M
$133.0M
Total liabilities
$869.5M
$601.3M
$552.1M
$606.3M
Common stock, par value $.01 per share, authorized 50,000,000 shares; issued 30,886,024 and 30,809,483 shares in 2025 and 2024 respectively
$309000.00
$308000.00
$308000.00
$307000.00
Additional paid-in capital
$316.2M
$311.9M
$304.9M
$301.6M
Retained earnings
$1.4B
$1.1B
$989.3M
$905.0M
Accumulated other comprehensive loss, net of tax
($2.5M)
($10.8M)
($24.0M)
($31.8M)
Total stockholders' equity before treasury stock
$1.7B
$1.4B
$1.3B
$1.2B
Less treasury stock, at cost (5,056,771 and 5,056,771 common shares in 2025 and 2024, respectively)
-147.1M
-147.1M
-139.4M
-127.0M
Total shareholders' equity
$1.5B
$1.2B
$1.1B
$1.0B
Total Liabilities and Shareholders' Equity
$2.4B
$1.8B
$1.7B
$1.7B
ESCO Technologies Inc. balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Dec 31, 2025
Jun 30, 2025
Cash and cash equivalents
$73.2M
$92.3M
$103.8M
$78.7M
Accounts receivable, net of allowance for credit losses of $2,712 and $3,205, respectively
$267.5M
$256.8M
$245.3M
$238.0M
Contract assets
$127.6M
$103.5M
$88.7M
$91.7M
Inventories
$240.5M
$237.1M
$227.2M
$237.1M
Other current assets
$46.6M
$37.1M
$24.7M
$32.6M
Total current assets
$755.5M
$726.8M
$689.7M
$754.7M
Property, plant and equipment, net of accumulated depreciation of $200,107 and $186,796, respectively
$175.3M
$170.9M
$171.8M
$167.2M
Intangible assets, net of accumulated amortization of $348,052 and $286,965, respectively
$664.5M
$682.4M
$706.4M
$745.1M
Goodwill
$760.3M
$761.2M
$767.4M
$760.6M
Operating lease assets
$47.3M
$49.0M
$46.6M
$46.8M
Other assets
$17.2M
$15.6M
$17.2M
$17.2M
Total assets
$2.4B
$2.4B
$2.4B
$2.5B
Current maturities of long-term debt
$20.0M
$20.0M
$20.5M
$20.0M
Accounts payable
$116.5M
$106.7M
$92.3M
$86.2M
Contract liabilities
$288.1M
$269.4M
$252.4M
$205.6M
Accrued salaries
$55.0M
$38.9M
$31.9M
$45.0M
Income tax payable - current
$5.8M
$5.6M
$60.5M
—
Accrued other expenses
$61.3M
$59.7M
$60.8M
$65.5M
Total current liabilities
$546.7M
$500.4M
$518.4M
$496.8M
Deferred tax liabilities
$115.3M
$115.1M
$115.8M
$115.0M
Non-current operating lease liabilities
$44.1M
$45.7M
$43.5M
$43.6M
Other liabilities
$31.6M
$34.2M
$35.5M
$36.5M
Long-term debt
$65.0M
$125.0M
$125.0M
$505.0M
Total liabilities
$802.7M
$820.4M
$838.1M
$1.2B
Common stock, par value $.01 per share, authorized 50,000,000 shares, issued 30,964,140 and 30,886,024 shares, respectively
$310000.00
$310000.00
$309000.00
$309000.00
Additional paid-in capital
$315.6M
$312.3M
$308.9M
$313.6M
Retained earnings
$1.5B
$1.4B
$1.4B
$1.2B
Accumulated other comprehensive income (loss), net of tax
($15.4M)
($13.3M)
($1.8M)
$2.4M
Total stockholders' equity before treasury stock
$1.8B
$1.7B
$1.7B
$1.5B
Less treasury stock, at cost: 5,056,771 and 5,056,771 common shares, respectively
-147.1M
-147.1M
-147.1M
-147.1M
Total shareholders' equity
$1.6B
$1.6B
$1.6B
$1.3B
Total liabilities and shareholders' equity
$2.4B
$2.4B
$2.4B
$2.5B
Cash flow statement
ESCO Technologies Inc. cash flow statement, fiscal years
Line item
Sep 30, 2025 · FY
Sep 30, 2024 · FY
Sep 30, 2023 · FY
Sep 30, 2022 · FY
Net earnings
$299.2M
$101.9M
$92.5M
$82.3M
(Earnings) loss from discontinued operations, net of tax
($182.9M)
—
—
—
Depreciation and amortization
$75.0M
$55.4M
$50.5M
$48.3M
Stock compensation expense
$10.7M
$8.6M
$8.9M
$7.3M
Effect of deferred taxes on tax provision
($11.0M)
($9.0M)
($6.3M)
$8.9M
Net cash provided by operating activities - continuing operations
$200.4M
—
—
$135.3M
Net cash provided (used) by operating activities - discontinued operations
$41.5M
—
—
—
Net cash provided by operating activities
$241.9M
$127.5M
$76.9M
$135.3M
Acquisition of businesses, net of cash acquired
($472.0M)
($56.4M)
($17.7M)
($10.9M)
Capital expenditures
($36.3M)
($36.2M)
($22.4M)
($32.1M)
Additions to capitalized software and other
($15.8M)
($12.1M)
($12.4M)
($12.9M)
Net cash used by investing activities - continuing operations
($524.2M)
—
—
($55.9M)
Net cash provided (used) by investing activities - discontinued operations
$268.4M
—
—
—
Net cash used by investing activities
($255.8M)
($104.6M)
($52.5M)
($55.9M)
Proceeds from long-term debt
$661.0M
$217.0M
$103.0M
$100.0M
Principal payments on long-term debt
($597.0M)
($197.0M)
($154.0M)
($101.0M)
Dividends paid
($8.3M)
($8.2M)
($8.3M)
($8.3M)
Other
($6.2M)
($1.5M)
($4.9M)
($3.0M)
Net cash provided (used) by financing activities - continuing operations
$49.5M
—
—
($32.1M)
Net cash provided (used) by financing activities
$49.5M
($773.0K)
($78.3M)
($32.1M)
Effect of exchange rate changes on cash and cash equivalents
($304.0K)
$2.0M
($1.9M)
($5.7M)
Net increase (decrease) in cash and cash equivalents
$35.4M
$24.1M
($55.9M)
$41.5M
Cash and cash equivalents at beginning of year
$66.0M
$41.9M
$97.7M
$56.2M
Cash and cash equivalents at end of year
$101.3M
$66.0M
$41.9M
$97.7M
Accounts receivable, net
($8.3M)
($40.9M)
($32.2M)
($17.7M)
Contract assets and liabilities, net
$20.6M
$20.9M
($26.0M)
($12.4M)
Inventories
($5.1M)
($23.5M)
($18.5M)
($13.8M)
Other assets and liabilities
($4.9M)
($8.4M)
$434.0K
$9.4M
Accounts payable
($2.2M)
$10.7M
$7.0M
$22.0M
Accrued expenses
$9.4M
$11.9M
$342.0K
$832.0K
Changes in assets and liabilities
$9.4M
($29.4M)
($68.8M)
($11.7M)
Interest paid
$17.4M
$14.5M
$8.7M
$2.8M
Income taxes paid (including state & foreign)
$50.0M
$38.0M
$30.2M
$9.9M
ESCO Technologies Inc. cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · YTD
Dec 31, 2025 · Q1
Jun 30, 2025 · YTD
Net earnings
$96.2M
$63.4M
$28.7M
$80.6M
Earnings from discontinued operations, net of tax
($1.2M)
($1.2M)
—
($9.1M)
Depreciation and amortization
$80.1M
$53.3M
$26.5M
$48.4M
Stock compensation expense
$10.2M
$6.6M
$3.2M
$7.9M
Changes in assets and liabilities
$3.0M
$7.3M
$7.1M
($33.5M)
Effect of deferred taxes
$5.2M
$5.2M
$3.4M
($6.0M)
Net cash provided by operating activities - continuing operations
$193.4M
$134.6M
$68.9M
$88.3M
Net cash (used) provided by operating activities - discontinued operations
($59.3M)
($59.3M)
—
$43.7M
Net cash provided by operating activities
$134.0M
$75.3M
$68.9M
$132.0M
Acquisition of business, net of cash acquired
($10.2M)
($10.2M)
($5.1M)
($472.0M)
Capital expenditures
($24.6M)
($13.1M)
($5.9M)
($24.2M)
Additions to capitalized software and other
($7.9M)
($4.8M)
($2.2M)
($13.0M)
Net cash used by investing activities - continuing operations
($42.7M)
($28.2M)
($13.2M)
($509.2M)
Net cash provided (used) by investing activities - discontinued operations
$1.5M
$1.5M
—
($966.0K)
Net cash used by investing activities
($41.1M)
($26.6M)
($13.2M)
($510.2M)
Proceeds from long-term debt
$130.0M
$110.0M
—
$645.0M
Principal payments on long-term debt
($231.0M)
($151.0M)
($93.0M)
($242.0M)
Debt issuance costs
($1.3M)
—
—
—
Dividends paid
($6.2M)
($4.1M)
($2.1M)
($6.2M)
Other
($10.6M)
($10.6M)
($10.6M)
($6.2M)
Net cash used by financing activities - continuing operations
($119.2M)
($55.8M)
—
$390.6M
Net cash used by financing activities
($119.2M)
($55.8M)
($53.2M)
$390.6M
Effect of exchange rate changes on cash and cash equivalents
($1.9M)
($2.0M)
$15.0K
$452.0K
Net (decrease) increase in cash and cash equivalents