MSA Safety IncMSAEarnings & Financial Report
NYSE
Mine Safety Appliances, or MSA Safety Incorporated, is an American manufacturer and supplier of safety equipment designed for use in a variety of hazardous conditions in industries such as construction, the military, fire service, and chemical, oil, and gas production. MSA is based in the Pittsburgh suburb of Cranberry.
MSA Q4 2025 Key Financial Metrics
Revenue
$510.9M
Gross Profit
$239.4M
Operating Profit
$113.9M
Net Profit
$86.9M
Gross Margin
46.9%
Operating Margin
22.3%
Net Margin
17.0%
YoY Growth
2.2%
EPS
$2.22
Financial Flow
MSA Safety Inc Q4 2025 Financial Summary
MSA Safety Inc reported revenue of $510.9M for Q4 2025, with a net profit of $86.9M (17.0% margin). Cost of goods sold was $271.5M, operating expenses totaled $125.5M.
Key Financial Metrics
| Total Revenue | $510.9M |
|---|---|
| Net Profit | $86.9M |
| Gross Margin | 46.9% |
| Operating Margin | 22.3% |
| Report Period | Q4 2025 |
MSA Safety Inc Annual Revenue by Year
MSA Safety Inc annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.9B).
| Year | Annual Revenue |
|---|---|
| 2025 | $1.9B |
| 2024 | $1.8B |
| 2023 | $1.8B |
| 2022 | $1.5B |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $413.3M | $462.5M | $432.7M | $499.7M | $421.3M | $474.1M | $468.4M | $510.9M |
| YoY Growth | 3.8% | 3.4% | -3.1% | 0.9% | 1.9% | 2.5% | 8.3% | 2.2% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.17B | $2.24B | $2.24B | $2.21B | $2.24B | $2.55B | $2.55B | $2.55B |
| Liabilities | $1.18B | $1.21B | $1.15B | $1.06B | $1.05B | $1.30B | $1.25B | $1.19B |
| Equity | $994.8M | $1.03B | $1.10B | $1.14B | $1.19B | $1.25B | $1.30B | $1.37B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $50.9M | $53.3M | $84.3M | $107.9M | $61.8M | $67.2M | $112.5M | $122.4M |