Flagship explainer

How JBT Marel Corporation makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$3.8B · 100%Cost of revenue$2.5B · 65%Gross profit$1.3B · 35%Operating income$189M · 5%Income before tax−$62.4M · −2%Income tax−$13.1M · −0%Net income−$50.5M · −1%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$3.8B100%
Cost of revenue$2.5B65%
$1.3B35%
$189M5%
Income before tax−$62.4M−2%
Income tax−$13.1M−0%
−$50.5M−1%
Source: · event Dec 31, 2025 · retrieved Oct 17, 2026 · annual-row source set
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