Companies: 10,795·Total market cap: $144.5T
Gulf Island Fabrication, Inc.

Gulf Island Fabrication, Inc.

GIFINASDAQIndustrials
$12.00
+$0.00(+0.00%)
Market Cap$191983332
P/E Ratio
52W High$12
52W Low$5.75

Gulf Island Fabrication, Inc. (GIFI) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

GIFI · net income · updated Jun 8, 2026

Core profitability metrics

Net income was $14.7M for FY2024 (fiscal year ending 2024-12-31), up 160.4% year-over-year. Net profit margin was 9.3%. Based on available data, Gulf Island Fabrication, Inc. has been profitable since at least 2010.

FY2024 Net Income$14.7M▲ +160.4% YoY
Trailing 12M (TTM)$9.1Mtrailing 4 quarters sum
Net Profit Margin9.3%$14.7M ÷ $159.2M
YoY Change+160.4%
5-Year CAGRN/AN/A — contains loss years
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net IncomeNet LossNet Margin %★ First Profit: 2010

▸ FMP /income-statement · Annual · GIFI net income history · GIFI profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2024$14.7M▲ +160.4%9.3%
FY2023Loss−$24.4M▼ 628.0%-16.1%
FY2022Loss−$3.4M▲ +84.9%-2.4%
FY2021Loss−$22.2M▲ +19.2%-23.7%
FY2020Loss−$27.4M▲ +44.5%-23.3%

Net income vs peers (Industrials)

#CompanyNet IncomeYoY
#1
Gulf Island Fabrication, Inc.
Gulf Island Fabrication, Inc.YOU
GIFI
$14.7M+160.4%
#2
Caterpillar Inc.
Caterpillar Inc.
CAT
$8.87B-17.8%
#3
GE Aerospace
GE Aerospace
GE
$8.70B+32.8%
#4
RTX Corporation
RTX Corporation
RTX
$6.73B+41.0%
#5
The Boeing Company
The Boeing Company
BA
$2.23B+118.9%
#6
Space Exploration Technologies Corp.
Space Exploration Technologies Corp.
SPCX
−$4.94B-724.1%
Industrials · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Gulf Island Fabrication, Inc. (GIFI) reported net income of $14.7M for FY2024 (fiscal year ending 2024-12-31), up 160.4% year-over-year. The net profit margin was 9.3% — meaning the company kept $0.09 of every dollar of revenue as profit.

Based on available data, Gulf Island Fabrication, Inc. has been profitable since at least 2010. Net income reached a peak of $15.3M in FY2014. Data available for 15 fiscal years.

Gulf Island Fabrication, Inc.'s net profit margin was 9.3% for FY2024, based on the latest annual results.

Investors sometimes search for "Gulf Island Fabrication, Inc. net worth" — the company's market capitalization is a separate figure from GIFI net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Frequently asked questions

GIFI net income · 5 questions

Gulf Island Fabrication, Inc. is profitable. The company reported net income of $14.7M for FY2024, a net profit margin of 9.3%. Net income was up 160.4% year-over-year. Based on available data, Gulf Island Fabrication, Inc. has been profitable since at least 2010.

is GIFI profitabledoes GIFI make a profitGIFI profitabilityGIFI profitable company

Source: FMP /income-statement · GAAP · Gulf Island Fabrication, Inc. · Gulf Island Fabrication, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026