TG (TG) financial statements
TG reported revenue of $723M in fiscal 2025, down 1.5% a year over 9 years.
Net income was $33M and the operating margin 4.0%, against 3.1% in 2016.
Free cash flow was $16M.
The diluted share count rose 6% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from TG's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $828M | $961M | $852M | $826M | $755M | $826M | $762M | $573M | $598M | $723M |
| Cost of revenue | $660M | $768M | $680M | $641M | $559M | $650M | — | — | — | — |
| Gross profit | $168M | $194M | $172M | $185M | $196M | $177M | — | — | — | — |
| Research and development | $19M | $18M | $7M | $8M | $8M | $6M | $5M | $3M | $711,000 | $702,000 |
| Selling, general and admin | $73M | $83M | $68M | $77M | $84M | $75M | $70M | $65M | $73M | $79M |
| Operating income | $25M | -$67M | $50M | $44M | $42M | $47M | $9M | -$148M | $2M | $29M |
| Interest expense | $4M | $6M | $6M | $4M | $3M | $3M | $4M | $6M | $5M | $4M |
| Pre-tax income | $28M | -$15M | $80M | $72M | -$25M | $67M | $10M | -$150M | $880,000 | $31M |
| Income tax | $3M | -$53M | $19M | $14M | -$8M | $9M | -$3M | -$51M | -$165,000 | $7M |
| Net income | $24M | $38M | $25M | $48M | -$75M | $58M | $28M | -$106M | -$65M | $33M |
| EPS (diluted) | $0.75 | $1.16 | $0.75 | $1.45 | -$2.26 | $1.72 | $0.84 | -$3.10 | -$1.88 | $0.96 |
| Diluted shares | 33M | 33M | 33M | 33M | 33M | 34M | 34M | 34M | 34M | 35M |
| Gross margin | 20.3% | 20.2% | 20.2% | 22.4% | 26.0% | 21.4% | — | — | — | — |
| Operating margin | 3.1% | -6.9% | 5.9% | 5.3% | 5.6% | 5.7% | 1.1% | -25.9% | 0.3% | 4.0% |
| Net margin | 3.0% | 4.0% | 2.9% | 5.8% | -10.0% | 7.0% | 3.7% | -18.5% | -10.8% | 4.6% |
Balance sheet
Fiscal years, from TG's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $30M | $36M | $34M | $31M | $12M | $31M | $19M | $10M | $7M | $7M |
| Receivables | $97M | $120M | $125M | $108M | $89M | $105M | $88M | $57M | $65M | $82M |
| Inventory | $66M | $87M | $94M | $64M | $66M | $89M | $128M | $50M | $51M | $65M |
| Total current assets | $208M | $284M | $269M | $233M | $188M | $236M | $243M | $177M | $140M | $169M |
| Property, plant and equipment | $261M | $223M | $228M | $174M | $167M | $170M | $186M | $151M | $137M | $133M |
| Goodwill | $118M | $128M | $81M | $81M | $68M | $71M | $71M | $36M | $22M | $22M |
| Total assets | $651M | $756M | $707M | $713M | $515M | $524M | $542M | $446M | $356M | $371M |
| Total current liabilities | $120M | $151M | $155M | $152M | $141M | $169M | $150M | $249M | $92M | $104M |
| Long-term debt | $95M | $152M | $102M | $42M | $134M | $73M | $137M | $0 | $61M | $35M |
| Total liabilities | $340M | $412M | $353M | $336M | $406M | $339M | $340M | $291M | $175M | $155M |
| Shareholders' equity | $311M | $344M | $355M | $377M | $109M | $185M | $202M | $156M | $181M | $217M |
| Net debt | $65M | $116M | $67M | $11M | $122M | $42M | $118M | -$10M | $54M | $28M |
Cash flow
Fiscal years, from TG's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $49M | $88M | $98M | $116M | $74M | $71M | -$21M | $24M | $26M | $33M |
| Capital spending | $45M | $44M | $41M | $51M | $23M | $27M | $37M | $26M | $14M | $17M |
| Free cash flow | $3M | $44M | $57M | $65M | $51M | $43M | -$58M | -$2M | $11M | $16M |
| Stock-based compensation | — | — | — | $1M | $100,000 | — | — | — | — | — |
| Dividends paid | $14M | $15M | $15M | $15M | $216M | $16M | $17M | $9M | $0 | $0 |
| Share buybacks (net) | — | -$124,000 | $328,000 | $854,000 | — | — | — | — | — | — |
| Free cash flow margin | 0.4% | 4.6% | 6.7% | 7.9% | 6.8% | 5.2% | -7.6% | -0.4% | 1.9% | 2.2% |
| Dividends per share | $0.44 | $0.44 | $0.44 | $0.46 | $6.47 | $0.48 | $0.50 | $0.26 | — | — |
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Open TG in InvestinglyQuestions
What was TG's revenue in 2025?
$723M in fiscal 2025, from its 10-K filing.
How much free cash flow does TG generate?
$16M in fiscal 2025 (operating cash flow minus capital spending).
From TG's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.