Fortune Brands Innovations Inc (FBIN) financial statements: income statement, balance sheet and cash flow

Fortune Brands Innovations 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 (Dec 27, 2025 · FY), Fortune Brands Innovations Inc reported revenue of $4.5B (-3.2% year on year) and net income of $298.8M (-36.7% year on year).

Income statement

Fortune Brands Innovations Inc income statement, fiscal years

Line item	Dec 27, 2025 · FY	Dec 28, 2024 · FY	Dec 30, 2023 · FY	Dec 31, 2022 · FY
NET SALES	$4.5B	$4.6B	$4.6B	$4.7B
Cost of products sold	$2.5B	$2.5B	$2.7B	$2.8B
Selling, general and administrative expenses	$1.3B	$1.2B	$1.2B	$1.1B
Amortization of intangible assets	$75.2M	$73.1M	$62.1M	$48.3M
Asset impairment charges	$53.6M	$0	$33.5M	$0
Restructuring charges	$52.4M	$16.2M	$32.5M	$32.4M
OPERATING INCOME	$516.1M	$737.9M	$614.9M	$774.3M
Interest expense	$115.2M	$120.5M	$116.5M	$119.2M
Other (income) expense, net	($4.1M)	$11.9M	($19.5M)	($12.0M)
Income before income taxes	$405.0M	$605.5M	$517.9M	$667.1M
Income taxes	$106.2M	$133.6M	$112.4M	$127.2M
Income from continuing operations, net of tax	$298.8M	$471.9M	$405.5M	$539.9M
(Loss) income from discontinued operations, net of tax	$0	$0	($1.0M)	$146.8M
NET INCOME	$298.8M	$471.9M	$404.5M	$686.7M
Continuing operations	$2.48	$3.78	$3.2	$4.14
Basic earnings per share	$2.48	$3.78	$3.19	$5.27
Continuing operations	$2.47	$3.75	$3.17	$4.11
Discontinued operations	$0	$0	($0.01)	$1.13
Diluted earnings per share	$2.47	$3.75	$3.17	$5.23
Basic average shares outstanding	120.7M	124.8M	126.9M	130.3M
Diluted average number of shares outstanding	121.2M	125.7M	127.7M	131.3M

Fortune Brands Innovations Inc income statement, quarters

Line item	Jun 27, 2026 · Q2	Mar 28, 2026 · Q1	Sep 27, 2025 · Q3	Jun 28, 2025 · Q2
Net sales	$1.2B	$1.0B	$1.1B	$1.2B
Cost of products sold	$563.2M	$575.6M	$629.8M	$660.1M
Selling, general and administrative expenses	$343.8M	$352.7M	$313.2M	$338.8M
Amortization of intangible assets	$18.5M	$18.5M	$19.4M	$19.1M
Asset impairment charges	$229.3M	—	$50.1M	—
Restructuring charges	$8.1M	$4.3M	$10.8M	$13.7M
Operating income (loss)	($9.0M)	$60.2M	$125.9M	$171.6M
Interest expense	$27.4M	$26.5M	$28.6M	$31.2M
Other (income) expense, net	$600.0K	($100.0K)	$2.6M	($7.3M)
Income (loss) before taxes	($37.0M)	$33.8M	$94.7M	$147.7M
Income tax (benefit) expense	($14.5M)	$9.6M	$23.9M	$47.4M
Net income (loss)	($22.5M)	$24.2M	$70.8M	$100.3M
Basic earnings per common share	-$0.19	$0.20	$0.59	$0.83
Diluted earnings per common share	-$0.19	$0.20	$0.59	$0.83
Comprehensive income (loss)	($28.5M)	$14.4M	$61.8M	$121.9M

Balance sheet

Fortune Brands Innovations Inc balance sheet, fiscal years

Line item	Dec 27, 2025 · FY	Dec 28, 2024 · FY	Dec 30, 2023 · FY	Dec 31, 2022 · FY
Cash and cash equivalents	$264.0M	$381.1M	$366.4M	$642.5M
Accounts receivable less allowances for discounts and credit losses	$513.1M	$514.4M	$534.2M	$521.8M
Inventories	$1.0B	$960.3M	$982.3M	$1.0B
Other current assets	$172.2M	$151.6M	$162.8M	$274.8M
TOTAL CURRENT ASSETS	$2.0B	$2.0B	$2.0B	$2.5B
Property, plant and equipment, net of accumulated depreciation	$805.9M	$999.2M	$975.0M	$783.7M
Operating lease assets	$259.6M	$148.1M	$173.8M	$118.9M
Goodwill	$2.0B	$2.0B	$1.9B	$1.6B
Other intangible assets, net of accumulated amortization	$1.2B	$1.3B	$1.4B	$1.0B
Assets held for sale	$113.8M	—	—	$0
Other assets	$129.0M	$117.9M	$109.0M	$116.4M
TOTAL ASSETS	$6.5B	$6.6B	$6.6B	$6.1B
Short-term debt	$0	$499.6M	$0	$599.2M
Accounts payable	$524.6M	$513.9M	$568.1M	$421.6M
Other current liabilities	$547.0M	$588.8M	$632.3M	$523.9M
TOTAL CURRENT LIABILITIES	$1.1B	$1.6B	$1.2B	$1.5B
Long-term debt	$2.5B	$2.2B	$2.7B	$2.1B
Deferred income taxes	$146.9M	$117.4M	$111.3M	$136.9M
Accrued defined benefit plans	$23.2M	$32.5M	$47.3M	$79.9M
Operating lease liabilities	$243.8M	$121.6M	$143.3M	$95.4M
Other non-current liabilities	$101.6M	$92.3M	$99.2M	$102.8M
TOTAL LIABILITIES	$4.1B	$4.1B	$4.3B	$4.0B
Common stock	$1.9M	$1.9M	$1.9M	$1.9M
Paid-in capital	$3.2B	$3.2B	$3.1B	$3.1B
Accumulated other comprehensive income	$64.2M	$42.4M	$63.3M	$37.4M
Retained earnings	$3.1B	$3.0B	$2.6B	$2.3B
Treasury stock	($4.0B)	($3.8B)	($3.5B)	($3.3B)
TOTAL EQUITY	$2.4B	$2.4B	$2.3B	$2.1B
TOTAL LIABILITIES AND EQUITY	$6.5B	$6.6B	$6.6B	$6.1B

Fortune Brands Innovations Inc balance sheet, quarters

Line item	Jun 27, 2026	Mar 28, 2026	Sep 27, 2025	Jun 28, 2025
Cash and cash equivalents	$209.7M	$223.1M	$223.9M	$234.7M
Accounts receivable less allowance for credit losses of $10.6 and $10.0	$607.1M	$584.7M	$565.6M	$607.1M
Inventories	$990.7M	$1.0B	$1.0B	$1.0B
Other current assets	$267.5M	$177.8M	$179.6M	$152.1M
Total current assets	$2.1B	$2.0B	$2.0B	$2.0B
Property, plant and equipment, net	$649.9M	$804.8M	$815.5M	$994.4M
Operating lease assets	$252.5M	$260.0M	$208.9M	$206.0M
Goodwill	$2.0B	$2.0B	$2.0B	$2.0B
Other intangible assets, net of accumulated amortization	$1.1B	$1.2B	$1.2B	$1.3B
Assets held for sale	$104.5M	$104.0M	$109.2M	—
Other assets	$145.8M	$139.2M	$121.6M	$110.0M
Total assets	$6.3B	$6.5B	$6.5B	$6.6B
Accounts payable	$518.9M	$507.3M	$523.2M	$517.6M
Other current liabilities	$511.6M	$441.7M	$507.6M	$498.6M
Total current liabilities	$1.0B	$949.0M	$1.0B	$1.0B
Long-term debt	$2.6B	$2.7B	$2.7B	$2.8B
Deferred income taxes	$95.5M	$159.2M	$146.6M	$115.8M
Accrued defined benefit plans	$22.4M	$22.5M	$30.7M	$30.9M
Operating lease liabilities	$248.4M	$249.2M	$179.6M	$183.3M
Other non-current liabilities	$85.3M	$95.3M	$97.5M	$97.0M
Total liabilities	$4.0B	$4.2B	$4.1B	$4.3B
Common stock	$1.9M	$1.9M	$1.9M	$1.9M
Paid-in capital	$3.2B	$3.2B	$3.2B	$3.2B
Accumulated other comprehensive income	$48.4M	$54.4M	$61.3M	$70.3M
Retained earnings	$3.1B	$3.2B	$3.1B	$3.1B
Treasury stock	($4.1B)	($4.1B)	($4.0B)	($4.0B)
Total stockholders' equity	$2.3B	$2.4B	$2.4B	$2.3B
Total liabilities and equity	$6.3B	$6.5B	$6.5B	$6.6B

Cash flow statement

Fortune Brands Innovations Inc cash flow statement, fiscal years

Line item	Dec 27, 2025 · FY	Dec 28, 2024 · FY	Dec 30, 2023 · FY	Dec 31, 2022 · FY
Net income	$298.8M	$471.9M	$404.5M	$686.7M
Depreciation	$118.9M	$120.5M	$106.7M	$126.5M
Amortization of intangibles	$75.5M	$73.1M	$62.1M	$65.1M
Non-cash lease expense	$51.6M	$38.6M	$35.1M	$45.2M
Stock-based compensation	$20.8M	$39.3M	$34.2M	$50.2M
Asset impairment charges	$53.6M	$0	$33.5M	$46.4M
Recognition of actuarial loss (gain)	$0	$18.3M	($500.0K)	($1.2M)
Deferred taxes	$32.3M	$200.0K	($26.1M)	$14.8M
Other operating acivities, net	$400.0K	($2.7M)	—	—
Decrease in accounts receivable	$5.6M	$6.3M	$25.7M	$66.3M
(Increase) decrease in inventories	($55.4M)	$16.6M	$148.8M	($198.5M)
(Decrease) increase in accounts payable	$9.5M	($29.3M)	$101.1M	($161.2M)
(Increase) decrease in other assets	($17.6M)	($9.3M)	$170.0M	$14.0M
(Decrease) in accrued taxes	($7.3M)	($10.5M)	($17.4M)	($65.5M)
(Decrease) in accrued expenses and other liabilities	($108.1M)	($65.2M)	($25.0M)	($129.6M)
NET CASH PROVIDED BY OPERATING ACTIVITIES	$478.6M	$667.8M	$1.1B	$566.3M
Capital expenditures	($111.8M)	($193.3M)	($256.5M)	($246.1M)
Proceeds from the disposition of assets	$6.9M	$26.9M	$2.8M	$8.2M
Cost of acquisitions, net of cash acquired	$0	($135.4M)	($784.1M)	($217.6M)
Other investing activities, net	$0	($1.1M)	—	$0
NET CASH USED IN INVESTING ACTIVITIES	($104.9M)	($302.9M)	($1.0B)	($455.5M)
Repayment of short-term debt	($500.0M)	$0	($600.0M)	($1.1B)
Issuance of long-term debt	$1.9B	$915.0M	$1.1B	$6.0B
Repayment of long-term debt	($1.5B)	($915.0M)	($470.0M)	($5.6B)
Proceeds from the exercise of stock options	$4.5M	$15.5M	$18.0M	$1.1M
Employee withholding taxes paid related to stock-based compensation	($8.3M)	($14.4M)	($14.5M)	($27.0M)
Dividends to stockholders	($120.6M)	($119.6M)	($116.8M)	($145.6M)
Treasury stock purchases	($247.8M)	($240.4M)	($150.0M)	($580.1M)
Other financing activities, net	($1.1M)	($4.5M)	($3.1M)	($22.5M)
NET CASH (USED IN) FINANCING ACTIVITIES	($503.3M)	($363.4M)	($271.3M)	$72.5M
Effect of foreign exchange rate changes on cash	$11.5M	($11.5M)	$500.0K	($11.1M)
NET (DECREASE) IN CASH AND CASH EQUIVALENTS	($118.1M)	($10.0M)	($252.8M)	$172.2M
Cash, cash equivalents and restricted cash at beginning of year	$385.5M	$395.5M	$648.3M	$476.1M
Cash, cash equivalents and restricted cash at end of year	$267.4M	$385.5M	$395.5M	$648.3M
Interest	$122.8M	$126.6M	$121.4M	$102.9M
Income taxes paid directly to taxing authorities	$79.0M	$152.3M	$120.3M	$278.3M
Dividends declared but not paid	$31.2M	$30.9M	$30.3M	$29.4M

Fortune Brands Innovations Inc cash flow statement, quarters

Line item	Jun 27, 2026 · YTD	Mar 28, 2026 · Q1	Sep 27, 2025 · YTD	Jun 28, 2025 · YTD
Net income	$1.7M	$24.2M	$222.4M	$151.6M
Depreciation	$47.5M	$23.5M	$94.9M	$65.0M
Amortization of intangibles	$37.2M	$18.6M	$56.6M	$37.0M
Non-cash lease expense	$20.1M	$9.9M	$31.4M	$17.9M
Stock-based compensation	$8.9M	($700.0K)	$19.5M	$15.1M
Deferred taxes	($53.4M)	$11.9M	$33.3M	$2.9M
Asset Impairment Charges	$229.3M	—	$50.1M	—
Other operating activities, net	$1.3M	$900.0K	($100.0K)	$1.0M
Increase in accounts receivable	($95.0M)	($69.5M)	($50.3M)	($93.1M)
Decrease (increase) in inventories	$32.7M	($14.5M)	($73.6M)	($43.9M)
(Decrease) increase in accounts payable	($4.5M)	($17.7M)	$14.3M	$7.6M
(Increase) decrease in other assets	($112.5M)	($7.8M)	($6.6M)	$3.3M
Decrease in accrued expenses and other liabilities	($63.9M)	($88.3M)	($105.7M)	($97.6M)
Increase (decrease) in accrued taxes	$34.2M	($9.7M)	($15.8M)	($800.0K)
Net cash provided by operating activities	$83.6M	($119.2M)	$270.4M	$66.0M
Capital expenditures	($43.8M)	($20.3M)	($87.3M)	($59.9M)
Proceeds from the disposition of assets	$9.8M	$9.8M	—	—
Other investing activities, net	$0	—	$2.9M	$2.9M
Net cash used in investing activities	($34.0M)	($10.5M)	($84.4M)	($57.0M)
Repayment of short-term debt	$0	—	($500.0M)	($500.0M)
Issuance of long-term debt	$723.4M	$455.8M	$1.7B	$1.4B
Repayment of long-term debt	($718.4M)	($287.5M)	($1.2B)	($747.3M)
Proceeds from the exercise of stock options	$7.7M	$4.5M	$4.0M	$700.0K
Treasury stock purchases	($45.2M)	($43.5M)	($237.8M)	($237.8M)
Employee withholding taxes related to stock-based compensation	($6.2M)	($6.1M)	($7.9M)	($7.2M)
Dividends to stockholders	($62.2M)	($31.2M)	($90.6M)	($60.6M)
Other financing activities, net	($1.6M)	($1.6M)	($300.0K)	($400.0K)
Net cash provided by financing activities	($102.5M)	$90.4M	($352.6M)	($165.3M)
Effect of foreign exchange rate changes on cash	($1.3M)	($1.7M)	$8.6M	$9.6M
Net decrease in cash and cash equivalents	($54.2M)	($41.0M)	($158.0M)	($146.7M)
Cash, cash equivalents and restricted cash at beginning of period	$267.5M	$267.5M	$385.5M	$385.5M
Cash, cash equivalents and restricted cash at end of period	$213.3M	$226.5M	$227.5M	$238.8M

Fortune Brands Innovations Inc score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.