ARTS WAY MANUFACTURING CO INCARTWEarnings & Financial Report
Art's Way Manufacturing is an American producer of agricultural machinery, modular buildings and cutting tools under the brand names Art's Way, Art's Way Scientific and American Carbide Tool. The firm previously manufactured OEM feed blowers sold by Case New Holland.
Revenue
$6.2M
Gross Profit
$2.2M
Operating Profit
$518.3K
Net Profit
$832.0K
Gross Margin
36.1%
Operating Margin
8.4%
Net Margin
13.5%
YoY Growth
-10.0%
EPS
$0.17
ARTS WAY MANUFACTURING CO INC Q4 FY2024 Financial Summary
ARTS WAY MANUFACTURING CO INC reported revenue of $6.2M (down 10.0% YoY) for Q4 FY2024, with a net profit of $832.0K (up 370.2% YoY) (13.5% margin). Cost of goods sold was $3.9M, operating expenses totaled $1.7M.
Key Financial Metrics
| Total Revenue | $6.2M |
|---|---|
| Net Profit | $832.0K |
| Gross Margin | 36.1% |
| Operating Margin | 8.4% |
| Report Period | Q4 FY2024 |
Revenue Breakdown
ARTS WAY MANUFACTURING CO INC Q4 FY2024 revenue of $6.2M breaks down across 2 segments, led by Other at $3.3M (53.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Other | $3.3M | 53.3% |
| Agricultural Products | $2.9M | 46.7% |
ARTS WAY MANUFACTURING CO INC Revenue by Segment — Quarterly Trend
ARTS WAY MANUFACTURING CO INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Other and Agricultural Products) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Other | — | $536.3K | — | — |
| Agricultural Products | $2.8M | $3.0M | $4.0M | $2.9M |
ARTS WAY MANUFACTURING CO INC Annual Revenue by Year
ARTS WAY MANUFACTURING CO INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $23.0M).
| Year | Annual Revenue |
|---|---|
| 2025 | $23.0M |
| 2024 | $24.5M |
| 2023 | $30.3M |
| 2022 | $25.6M |
ARTS WAY MANUFACTURING CO INC Quarterly Revenue & Net Profit History
ARTS WAY MANUFACTURING CO INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $5.1M | -17.9% | $-645.5K | -12.7% |
| Q3 FY2025 | $6.4M | +9.5% | $254.1K | 4.0% |
| Q2 FY2025 | $6.3M | -5.8% | $1.5M | 23.4% |
| Q1 FY2025 | $5.1M | -10.2% | $-55.8K | -1.1% |
| Q4 FY2024 | $6.2M | -10.0% | $832.0K | 13.5% |
| Q3 FY2024 | $5.9M | -27.6% | $-26.2K | -0.4% |
| Q2 FY2024 | $6.7M | -18.2% | $-33.3K | -0.5% |
| Q1 FY2024 | $5.7M | -19.2% | $-465.0K | -8.1% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.7M | $6.7M | $5.9M | $6.2M | $5.1M | $6.3M | $6.4M | $5.1M |
| YoY Growth | -19.2% | -18.2% | -27.6% | -10.0% | -10.2% | -5.8% | 9.5% | -17.9% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $24.3M | $23.2M | $23.5M | $21.2M | $21.0M | $20.9M | $21.8M | $22.5M |
| Liabilities | $13.0M | $11.9M | $12.2M | $9.1M | $8.9M | $7.3M | $7.9M | $9.2M |
| Equity | $11.2M | $11.2M | $11.3M | $12.1M | $12.1M | $13.6M | $13.9M | $13.3M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-99274 | $1.2M | $282362 | $1.2M | $-101805 | $1.4M | $-1.3M | $-889151 |