Gulf Is Fabrication Inc (GIFI) Financials
Newest figures come from the 10-Q for Q3 FY2025, filed Nov 12, 2025. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the GIFI SEC filings page.
Gulf Is Fabrication Inc (GIFI) reported $166.8M in revenue over the twelve months to Sep 30, 2025, up 0.3% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Gulf Island’s dominant shift is a margin-led turnaround, converting modest revenue growth into positive earnings and cash generation.
Despite only modest revenue growth, gross margin swung from-7.9% in FY2023 to14.0% in FY2024, indicating a cost or mix reset rather than scale alone. Operating margin also turned positive while SG&A fell to$13.5M , showing the improvement reached below gross profit instead of stopping at production economics.
FY2024 net income of
Liabilities fell to
Financial Health Signals
Scored against emerging companies for FY2024. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Gulf Is Fabrication Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Gulf Is Fabrication Inc held $66.1M in cash, cash equivalents and investments at the end of fiscal year 2024, and its operations generated $18.2M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and Gulf Is Fabrication Inc scores 85/100 among other emerging companies.
Gulf Is Fabrication Inc had 16M shares outstanding at the end of fiscal year 2024, against 16M in fiscal year 2023. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and Gulf Is Fabrication Inc scores 69/100 among other emerging companies.
Not available for Gulf Is Fabrication Inc, and counted as zero in the overall score.
Gulf Is Fabrication Inc reported revenue of $159.2M in fiscal year 2024, against $151.1M in fiscal year 2023. Revenue Progress ranks emerging companies on the three-year path of that line, and Gulf Is Fabrication Inc scores 50/100 among other emerging companies.
Gulf Is Fabrication Inc's operations generated $18.2M of cash in fiscal year 2024, against $7.2M generated in fiscal year 2023. Burn Trend ranks emerging companies on which way that figure has moved over three years, and Gulf Is Fabrication Inc scores 97/100 among other emerging companies.
Gulf Is Fabrication Inc's cash, cash equivalents and investments came to $66.1M at the end of fiscal year 2024, against $40.1M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and Gulf Is Fabrication Inc scores 70/100 among other emerging companies.
Gulf Is Fabrication Inc scores 4.85, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($192.0M) relative to total liabilities ($40.1M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Gulf Is Fabrication Inc passes 8 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Gulf Is Fabrication Inc generates $1.24 in operating cash flow ($18.2M OCF vs $14.7M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Gulf Is Fabrication Inc generated $51.5M in revenue in Q3 2025. This represents an increase of 36.9% from the same quarter a year earlier. Against the prior quarter it is up 37.3%.
Gulf Is Fabrication Inc's EBITDA was $2.4M in Q3 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 17.6% from the same quarter a year earlier. Against the prior quarter it is up 1964.3%.
Gulf Is Fabrication Inc reported $1.6M in net income in Q3 2025. This represents a decrease of 32.7% from the same quarter a year earlier. Against the prior quarter it is up 371.6%.
Gulf Is Fabrication Inc earned $0.10 per diluted share (EPS) in Q3 2025. This represents a decrease of 28.6% from the same quarter a year earlier. Against the prior quarter it is up 350.0%.
Cash & Balance Sheet
Gulf Is Fabrication Inc generated $2.7M in free cash flow in Q3 2025, representing cash available after capex. This represents a decrease of 38.6% from the same quarter a year earlier. Against the prior quarter it is up 19.2%.
Gulf Is Fabrication Inc held $23.2M in cash against $17.9M in long-term debt as of Q3 2025.
Not reported for Q3 2025.
Margins & Returns
Gulf Is Fabrication Inc's gross margin was 9.5% in Q3 2025, indicating the percentage of revenue retained after direct costs. This is down 2.9 percentage points from the same quarter a year earlier. It is unchanged from the prior quarter.
Gulf Is Fabrication Inc's operating margin was 2.2% in Q3 2025, reflecting core business profitability. This is down 2.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 5.1 percentage points.
Gulf Is Fabrication Inc's net profit margin was 3.0% in Q3 2025, showing the share of revenue converted to profit. This is down 3.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.5 percentage points.
Gulf Is Fabrication Inc's ROE was 1.7% in Q3 2025, measuring profit generated per dollar of shareholder equity. This is down 1.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.3 percentage points.
Capital Allocation
Gulf Is Fabrication Inc spent $289K on share buybacks in Q3 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 52.3% from the same quarter a year earlier. Against the prior quarter it is down 89.7%.
Gulf Is Fabrication Inc invested $197K in capex in Q3 2025, funding long-term assets and infrastructure. This represents a decrease of 85.0% from the same quarter a year earlier. Against the prior quarter it is down 36.2%.
Not reported for Q3 2025.
GIFI Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $51.5M+36.9% | $37.5M-9.0% | $40.3M-6.1% | $37.4M-16.0% | $37.6M+649.4% | $41.3M+4.9% | $42.9M-31.0% | $44.5M+16.8% |
| Cost of Revenue | $46.7M+41.5% | $34.0M-8.4% | $33.7M-8.4% | $30.1M-16.6% | $33.0M-5.5% | $37.1M+6.5% | $36.8M-35.7% | $36.1M+1.0% |
| Gross Profit | $4.9M+4.8% | $3.6M-14.4% | $6.6M+8.0% | $7.3M-13.6% | $4.7M+115.6% | $4.2M-7.2% | $6.1M+21.7% | $8.5M+249.3% |
| SG&A Expenses | $3.7M+22.3% | $3.3M-2.0% | $3.2M-7.1% | $3.7M+8.9% | $3.0M-26.8% | $3.4M-10.2% | $3.5M-31.2% | $3.4M-35.3% |
| Operating Income | $1.1M-31.5% | -$1.1M-184.1% | $3.3M-42.5% | $3.6M-45.8% | $1.7M+105.0% | $1.3M+71.3% | $5.7M+1640.2% | $6.7M+1656.6% |
| EBITDA | $2.4M-17.6% | $115K-95.4% | $4.5M-34.3% | $4.8M-39.7% | $2.9M+108.9% | $2.5M+17.8% | $6.9M+315.5% | $8.0M+368.3% |
| Income Tax | -$2K-200.0% | $5K+266.7% | $2K-80.0% | -$60K-87.5% | $2K+166.7% | -$3K+76.9% | $10K+42.9% | -$32K-252.4% |
| Net Income | $1.6M-32.7% | -$574K-130.4% | $3.8M-38.7% | $4.3M-39.4% | $2.3M+107.0% | $1.9M+71.4% | $6.2M+873.5% | $7.1M+1191.4% |
| EPS (Basic) | $0.10-28.6% | -$0.04-133.3% | $0.23-39.5% | $0.26-40.9% | $0.14+106.9% | $0.12+71.4% | $0.38+850.0% | $0.44+1000.0% |
| EPS (Diluted) | $0.10-28.6% | -$0.04-136.4% | $0.23-37.8% | $0.26-40.9% | $0.14+106.9% | $0.11+57.1% | $0.37+825.0% | $0.44+1000.0% |
| Diluted Shares (Avg) | 16M-3.5% | 16M-4.0% | 17M-0.2% | N/A | 17M+2.7% | 17M+3.2% | 17M+2.4% | N/A |
Not reported in any period shown, so not listed: R&D Expenses, Interest Expense.
GIFI Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $146.7M+12.2% | $134.3M+0.8% | $138.2M+8.1% | $133.2M+3.7% | $130.8M+8.4% | $133.3M-2.4% | $127.8M-14.3% | $128.4M-4.8% |
| Current Assets | $118.2M+15.4% | $105.4M+0.1% | $111.6M+11.9% | $105.4M+3.7% | $102.5M+17.1% | $105.3M+16.0% | $99.7M-2.5% | $101.6M+16.7% |
| Cash & Equivalents | $23.2M+8.8% | $46.8M+392.4% | $28.6M-11.8% | $27.3M-28.5% | $21.3M-15.1% | $9.5M-60.1% | $32.5M+13.8% | $38.2M+14.9% |
| Short-Term Investments | $40.2M-8.8% | $14.2M-72.8% | $37.6M+37.6% | $38.8M+371.1% | $44.0M+185.2% | $52.1M+243.7% | $27.4M+82.5% | $8.2M-16.9% |
| Inventory | $2.7M+19.9% | $2.7M+17.3% | $3.0M+50.3% | $1.9M-8.0% | $2.3M-3.2% | $2.3M-11.6% | $2.0M-21.2% | $2.1M+29.6% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $3.6M+62.7% | $3.6M+62.7% | $2.2M0.0% | $2.2M0.0% | $2.2M0.0% | $2.2M0.0% | $2.2M0.0% | $2.2M0.0% |
| Total Liabilities | $52.4M+24.9% | $41.6M-10.7% | $41.5M-2.0% | $40.1M-18.9% | $42.0M-14.6% | $46.6M+44.3% | $42.3M-8.2% | $49.5M+53.4% |
| Current Liabilities | $33.4M+50.2% | $22.8M-16.0% | $22.8M-0.2% | $21.4M-28.4% | $22.3M-21.4% | $27.1M-13.3% | $22.8M-49.1% | $29.8M-3.1% |
| Non-Current Liabilities | $19.0M-3.6% | $18.8M-3.4% | $18.7M-4.2% | $18.7M-4.4% | $19.7M-5.3% | $19.5M+1776.3% | $19.5M+1448.8% | $19.6M+1249.6% |
| Long-Term Debt | $17.9M-5.5% | $17.9M-5.5% | $17.9M-5.5% | $17.9M-5.5% | $18.9M | $18.9M | $18.9M | $18.9M |
| Total Equity | $94.3M+6.2% | $92.8M+7.0% | $96.7M+13.2% | $93.1M+17.9% | $88.8M+24.2% | $86.7M-16.8% | $85.4M-17.0% | $79.0M-23.0% |
| Retained Earnings | -$21.8M+29.4% | -$23.4M+29.7% | -$22.8M+35.1% | -$26.6M+35.6% | -$30.9M+36.2% | -$33.2M-118.3% | -$35.1M-115.1% | -$41.4M-153.2% |
Not reported in any period shown, so not listed: Accounts Receivable.
GIFI Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $2.9M-49.4% | $2.5M-22.5% | $2.2M-68.4% | $2.3M-68.7% | $5.6M+179.4% | $3.3M+194.0% | $7.0M+441.6% | $7.4M-25.6% |
| Depreciation & Amortization | $1.2M+1.7% | $1.2M-3.7% | $1.3M+5.3% | $1.2M-9.4% | $1.2M-13.1% | $1.2M-10.9% | $1.2M-10.5% | $1.4M+1.3% |
| Stock-Based Compensation | N/A | N/A | $343K-32.2% | N/A | N/A | N/A | $506K-0.6% | N/A |
| Capital Expenditures | $197K-85.0% | $309K-69.5% | $307K-88.0% | $464K-60.5% | $1.3M+103.7% | $1.0M+78.0% | $2.6M+424.2% | $1.2M-42.8% |
| Free Cash Flow | $2.7M-38.6% | $2.2M-1.5% | $1.9M-57.2% | $1.8M-70.3% | $4.3M+214.8% | $2.3M+155.8% | $4.5M+452.0% | $6.2M-21.1% |
| Investing Cash Flow | -$26.2M-486.3% | $19.3M+177.1% | -$300K+97.6% | $4.8M-21.6% | $6.8M+1182.9% | -$25.1M-3258.6% | -$12.5M-138.6% | $6.1M+383.2% |
| Financing Cash Flow | -$289K+52.3% | -$3.7M-209.6% | -$567K-107.7% | -$1.4M-993.8% | -$606K-373.4% | -$1.2M-177.0% | -$273K+76.9% | -$128K+85.6% |
| Share Buybacks | $289K-52.3% | $2.8M | $567K+107.7% | $325K | $606K | $0 | $273K | N/A |
Not reported in any period shown, so not listed: Dividends Paid.
GIFI Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 9.5%-2.9pp | 9.5%-0.6pp | 16.4%+2.1pp | 19.6%+0.6pp | 12.4% | 10.1%-1.3pp | 14.3%+6.2pp | 19.0%+12.7pp |
| Operating Margin | 2.2%-2.2pp | -2.9%-6.0pp | 8.1%-5.2pp | 9.7%-5.3pp | 4.4% | 3.1%+1.2pp | 13.3%+12.8pp | 15.0%+14.0pp |
| Net Margin | 3.0%-3.1pp | -1.5%-6.1pp | 9.5%-5.0pp | 11.5%-4.4pp | 6.2% | 4.6%+1.8pp | 14.5%+13.5pp | 15.9%+14.5pp |
| Return on Equity | 1.7%-1.0pp | -0.6%-2.8pp | 4.0%-3.3pp | 4.6%-4.4pp | 2.6%+49.1pp | 2.2%+1.1pp | 7.3%+6.7pp | 9.0%+8.5pp |
| Return on Assets | 1.1%-0.7pp | -0.4%-1.9pp | 2.8%-2.1pp | 3.2%-2.3pp | 1.8%+29.3pp | 1.4%+0.6pp | 4.9%+4.5pp | 5.5%+5.1pp |
| Current Ratio | 3.54-1.1x | 4.63+0.7x | 4.90+0.5x | 4.93+1.5x | 4.61+1.5x | 3.89+1.0x | 4.37+2.1x | 3.40+0.6x |
| Debt-to-Equity | 0.190.0x | 0.190.0x | 0.180.0x | 0.190.0x | 0.21-0.5x | 0.22-0.1x | 0.22-0.2x | 0.24-0.1x |
| Asset Turnover | 0.35+0.1x | 0.280.0x | 0.290.0x | 0.28-0.1x | 0.29+0.2x | 0.310.0x | 0.34-0.1x | 0.35+0.1x |
| FCF Margin | 5.2%-6.3pp | 5.9%+0.5pp | 4.8%-5.7pp | 4.9%-9.0pp | 11.5%-15.9pp | 5.5%+15.8pp | 10.4%+9.1pp | 13.9%-6.7pp |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Gulf Is Fabrication Inc GIFI | FY2024 | $159.2M | $14.7M | 9.3% | $192.0M | 62/100 |
| Mingteng International MTEN | FY2025 | $11.7M | -$1.8M | -15.3% | $7.6M | 35/100 |
| Mayville Engineering MEC | FY2025 | $546.5M | -$8.1M | -1.5% | $482.0M | 41/100 |
| Ampco-Pittsburg Corp AP | FY2025 | $434.2M | -$66.1M | -15.2% | $170.2M | 28/100 |
| Techprecision Corp TPCS | FY2026 | $31.6M | -$1.7M | -5.3% | $57.4M | 33/100 |
| Tredegar TG | FY2025 | N/A | $33.5M | N/A | $257.7M | — |
Where Gulf Is Fabrication Inc Ranks
Frequently Asked Questions
What is Gulf Is Fabrication Inc's annual revenue?
Gulf Is Fabrication Inc (GIFI) reported $159.2M in total revenue for fiscal year 2024. This represents a 5.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Gulf Is Fabrication Inc's revenue growing?
Gulf Is Fabrication Inc (GIFI) revenue grew by 5.4% year-over-year, from $151.1M to $159.2M in fiscal year 2024.
Is Gulf Is Fabrication Inc profitable?
Yes, Gulf Is Fabrication Inc (GIFI) reported a net income of $14.7M in fiscal year 2024, with a net profit margin of 9.3%.
What is Gulf Is Fabrication Inc's EBITDA?
Gulf Is Fabrication Inc (GIFI) had EBITDA of $17.1M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Gulf Is Fabrication Inc have?
As of fiscal year 2024, Gulf Is Fabrication Inc (GIFI) had $27.3M in cash and equivalents against $17.9M in long-term debt.
What is Gulf Is Fabrication Inc's gross margin?
Gulf Is Fabrication Inc (GIFI) had a gross margin of 14.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Gulf Is Fabrication Inc's operating margin?
Gulf Is Fabrication Inc (GIFI) had an operating margin of 7.7% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Gulf Is Fabrication Inc's net profit margin?
Gulf Is Fabrication Inc (GIFI) had a net profit margin of 9.3% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Gulf Is Fabrication Inc's return on equity (ROE)?
Gulf Is Fabrication Inc (GIFI) has a return on equity of 15.8% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Gulf Is Fabrication Inc's free cash flow?
Gulf Is Fabrication Inc (GIFI) generated $12.9M in free cash flow during fiscal year 2024. This represents a 198.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Gulf Is Fabrication Inc's operating cash flow?
Gulf Is Fabrication Inc (GIFI) generated $18.2M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Gulf Is Fabrication Inc's total assets?
Gulf Is Fabrication Inc (GIFI) had $133.2M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Gulf Is Fabrication Inc's capital expenditures?
Gulf Is Fabrication Inc (GIFI) invested $5.3M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
What is Gulf Is Fabrication Inc's current ratio?
Gulf Is Fabrication Inc (GIFI) had a current ratio of 4.93 as of fiscal year 2024, which is generally considered healthy.
What is Gulf Is Fabrication Inc's debt-to-equity ratio?
Gulf Is Fabrication Inc (GIFI) had a debt-to-equity ratio of 0.19 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Gulf Is Fabrication Inc's return on assets (ROA)?
Gulf Is Fabrication Inc (GIFI) had a return on assets of 11.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Gulf Is Fabrication Inc's Altman Z-Score?
Gulf Is Fabrication Inc (GIFI) has an Altman Z-Score of 4.85, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Gulf Is Fabrication Inc's Piotroski F-Score?
Gulf Is Fabrication Inc (GIFI) has a Piotroski F-Score of 8 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Gulf Is Fabrication Inc's earnings high quality?
Gulf Is Fabrication Inc (GIFI) has an earnings quality ratio of 1.24x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Gulf Is Fabrication Inc?
Gulf Is Fabrication Inc (GIFI) scores 62 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.