Great Lakes Dredge & Dock CORPGLDDEarnings & Financial Report
Great Lakes Dredge and Dock Company is an American company providing construction services in dredging and land reclamation, currently the largest such provider in the United States. GLD&D operates primarily in the United States but conducts one-quarter of its business overseas. The company was based in Oak Brook, Illinois, but in October 2020 relocated its corporate headquarters to Houston, Texas.
GLDD Q4 FY2025 Key Financial Metrics
Revenue
$256.5M
Gross Profit
$53.6M
Operating Profit
$32.6M
Net Profit
$12.6M
Gross Margin
20.9%
Operating Margin
12.7%
Net Margin
4.9%
YoY Growth
26.5%
EPS
$0.19
Great Lakes Dredge & Dock CORP Q4 FY2025 Financial Summary
Great Lakes Dredge & Dock CORP reported revenue of $256.5M (up 26.5% YoY) for Q4 FY2025, with a net profit of $12.6M (down 35.9% YoY) (4.9% margin). Cost of goods sold was $202.8M, operating expenses totaled $21.0M.
Key Financial Metrics
| Total Revenue | $256.5M |
|---|---|
| Net Profit | $12.6M |
| Gross Margin | 20.9% |
| Operating Margin | 12.7% |
| Report Period | Q4 FY2025 |
Great Lakes Dredge & Dock CORP Annual Revenue by Year
Great Lakes Dredge & Dock CORP annual revenue history includes year-by-year totals (for example, 2025 revenue was $888.3M).
Great Lakes Dredge & Dock CORP Quarterly Revenue & Net Profit History
Great Lakes Dredge & Dock CORP 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 | $256.5M | +26.5% | $12.6M | 4.9% |
| Q3 FY2025 | $195.2M | +2.1% | $17.7M | 9.1% |
| Q2 FY2025 | $193.8M | +13.9% | $9.7M | 5.0% |
| Q1 FY2025 | $242.9M | +22.3% | $33.4M | 13.8% |
| Q4 FY2024 | $202.8M | +11.6% | $19.7M | 9.7% |
| Q3 FY2024 | $191.2M | +63.1% | $8.9M | 4.6% |
| Q2 FY2024 | $170.1M | +28.2% | $7.7M | 4.5% |
| Q1 FY2024 | $198.7M | +25.7% | $21.0M | 10.6% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $198.7M | $170.1M | $191.2M | $202.8M | $242.9M | $193.8M | $195.2M | $256.5M |
| YoY Growth | 25.7% | 28.2% | 63.1% | 11.6% | 22.3% | 13.9% | 2.1% | 26.5% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.10B | $1.13B | $1.15B | $1.26B | $1.23B | $1.24B | $1.27B | $1.29B |
| Liabilities | $686.0M | $709.6M | $719.9M | $806.2M | $753.5M | $759.8M | $765.6M | $768.6M |
| Equity | $409.0M | $418.0M | $425.4M | $448.9M | $479.9M | $481.9M | $502.1M | $517.1M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $38.4M | $18.4M | $26.8M | $-13.5M | $60.9M | $56.9M | $49.2M | $79.7M |