Also trades as: THULE.ST (STO) · $vol 5M · THLPF (OTC) · $vol 0M

$10.35

-0.17 (-1.62%)

Weekly Expected Move ±3.6%

$10 $10 $10 $11 $11

OTC · Consumer Cyclical · Leisure · Tech Score Neutral · Power 54 · $4.5B mcap · 215M float · 0.0002% daily turnover · Short 52% of daily vol

Revenue

$10.4B +9.3% ▲

5Y CAGR: +5.9%

Gross Profit

$4.8B +17.7% ▲

5Y CAGR: +8.2%

Operating Income

$1.6B +7.8% ▲

5Y CAGR: +0.6%

Net Income

$1.1B -0.7% ▼

5Y CAGR: -0.9%

EPS (Diluted)

$5.17 -2.4% ▼

5Y CAGR: -1.6%

EBITDA

$1.9B -0.3% ▼

5Y CAGR: +1.8%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$10.4B	$10.1B	$9.1B	$9.5B	$10.4B
YoY Growth	+32.7%	-2.4%	-9.9%	+4.5%	+9.3%
Cost of Revenue	$6.2B	$6.3B	$5.4B	$5.5B	$5.6B
Gross Profit	$4.2B	$3.9B	$3.7B	$4.1B	$4.8B
Gross Margin	40.1%	38.1%	40.9%	42.7%	46.0%
R&D Expenses	$474M	$609M	$0	$671M	$0
SG&A Expenses	$1.8B	$2.2B	$2.2B	$2.6B	$3.2B
Operating Expenses	$1.8B	$2.2B	$2.2B	$2.6B	$3.2B
Operating Income	$2.3B	$1.7B	$1.5B	$1.5B	$1.6B
Operating Margin	22.5%	16.8%	16.5%	16.0%	15.7%
Interest Expense	$41M	$88M	$162M	$162M	$151M
Income Before Tax	$2.3B	$1.6B	$1.4B	$1.4B	$1.5B
Tax Expense	$513M	$373M	$321M	$325M	$360M
Net Income	$1.8B	$1.3B	$1.1B	$1.1B	$1.1B
Net Margin	17.2%	12.6%	12.0%	11.8%	10.7%
EPS (Diluted)	$8.48	$6.06	$5.22	$5.30	$5.17
EBITDA	$2.5B	$1.9B	$1.9B	$1.9B	$1.9B
Shares Outstanding	211M	210M	211M	212M	216M

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$2.3B	$1.7B	$2.7B	$3.4B	$2.5B	$1.9B	$2.6B	$3.4B
Cost of Revenue	$1.3B	$980M	$1.5B	$1.8B	$1.3B	$1.0B	$1.4B	$1.8B
Gross Profit	$1.0B	$698M	$1.2B	$1.6B	$1.2B	$844M	$1.2B	$1.6B
Gross Margin	42.9%	41.6%	44.7%	46.3%	47.5%	45.1%	44.9%	47.3%
R&D Expenses	$0	$671M	$0	$0	$0	$0	$0	$0
SG&A Expenses	$592M	$733M	$790M	$873M	$738M	$742M	$730M	$861M
Operating Expenses	$592M	$733M	$790M	$872M	$738M	$741M	$730M	$861M
Operating Income	$413M	-$35M	$401M	$703M	$446M	$80M	$424M	$756M
Operating Margin	17.6%	-2.1%	15.1%	20.7%	17.9%	4.3%	16.5%	22.1%
Interest Expense	$15M	$15M	$49M	$39M	$38M	$36M	$4M	$46M
Income Before Tax	$398M	-$51M	$353M	$664M	$410M	$47M	$385M	$721M
Tax Expense	$98M	-$14M	$87M	$152M	$101M	$20M	$92M	$185M
Net Income	$300M	-$37M	$266M	$512M	$309M	$27M	$293M	$537M
Net Margin	12.8%	-2.2%	10.0%	15.0%	12.4%	1.4%	11.4%	15.7%
EPS (Diluted)	$1.42	$-0.17	$1.24	$2.38	$1.50	$0.10	$1.36	$2.49
EBITDA	$415M	$33M	$402M	$702M	$537M	$170M	$510M	$873M
Shares Outstanding	211M	213M	216M	216M	216M	216M	216M	216M

THUPY OTC