BRADY CORP
For the period ended Oct 31, 2025. Filed Nov 17, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Oct 31, 2025 · Filed Nov 17, 2025
BRC$80.00+0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Income
(Dollars in Thousands, Except Per Share Amounts, Unaudited)
| Three months ended October 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Net sales | $405,287 | $377,065 |
| Cost of goods sold | 196,455 | 187,376 |
| Gross margin | 208,832 | 189,689 |
| Operating expenses: | ||
| Research and development | 23,292 | 18,921 |
| Selling, general and administrative | 117,568 | 111,846 |
| Total operating expenses | 140,860 | 130,767 |
| Operating income | 67,972 | 58,922 |
| Other income (expense): | ||
| Investment and other income | 1,712 | 1,234 |
| Interest expense | (1,208) | (1,356) |
| Income before income taxes | 68,476 | 58,800 |
| Income tax expense | 14,540 | 12,017 |
| Net income | $53,936 | $46,783 |
| Net income per Class A Nonvoting Common Share: | ||
| Basic | $1.14 | $0.98 |
| Diluted | $1.13 | $0.97 |
| Net income per Class B Voting Common Share: | ||
| Basic | $1.13 | $0.96 |
| Diluted | $1.11 | $0.95 |
| Weighted average common shares outstanding: | ||
| Basic | 47,273 | 47,732 |
| Diluted | 47,731 | 48,217 |
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