Flagship explainer

How NPK International Inc. 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$277M · 100%Cost of revenue$176M · 64%Gross profit$101M · 36%Operating income$46.8M · 17%Income before tax$47.6M · 17%Income tax$11.7M · 4%Net income$38.9M · 14%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
$277M100%
Cost of revenue$176M64%
$101M36%
$46.8M17%
Income before tax$47.6M17%
Income tax$11.7M4%
$38.9M14%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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NPKI income explainer — Buy Like Buffett · Buy Like Buffett