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Eaco vs Surge Components: revenue, profit, margins and growth compared

Eaco brought in $427.9M of revenue in fiscal 2025, Surge Components $36.3M in fiscal 2025. Revenue changed by +20.1% at Eaco and +16.4% at Surge Components on the year before, so Eaco grew faster. Eaco kept 7.5% of its revenue as net profit, Surge Components 3.1%. Free cash flow was $15.9M at Eaco and $794.2K at Surge Components.

Side by side, latest fiscal year

EACOSPRS
Fiscal year endedFY2025 (August 31, 2025)FY2025 (November 30, 2025)
Revenue$427.9M$36.3M
Revenue growth+20.1%+16.4%
Net income$32.3M$1.1M
Net margin7.5%3.1%
Free cash flow$15.9M$794.2K
Free cash flow margin3.7%2.2%
Earnings per share (diluted)$6.59$0.20
Cash$728K$5.3M
Debt$4.2Mn/a
Price to earnings19.719.9
Market value$632M$22.9M
Dividend yieldn/an/a
Rank by revenue in sector#352 of 587 · Industrials#451 of 587 · Industrials

Over the years

Revenue
EACO FY2018: $193.3MEACO FY2019: $221.2MEACO FY2020: $225.2MEACO FY2021: $238MEACO FY2022: $292.6MEACO FY2023: $319.4MEACO FY2024: $356.2MEACO FY2025: $427.9MSPRS FY2018: $32.4MSPRS FY2019: $32.5MSPRS FY2020: $31.7MSPRS FY2021: $39.8MSPRS FY2022: $51.9MSPRS FY2023: $36.3MSPRS FY2024: $31.2MSPRS FY2025: $36.3MFY18FY19FY20FY21FY22FY23FY24FY25
EACO $427.9MSPRS $36.3M
Net income
EACO FY2018: $6.9MEACO FY2019: $9.4MEACO FY2020: $7.8MEACO FY2021: $8.4MEACO FY2022: $21.3MEACO FY2023: $21.2MEACO FY2024: $15MEACO FY2025: $32.3MSPRS FY2018: $2MSPRS FY2019: $2MSPRS FY2020: $1.5MSPRS FY2021: $2.5MSPRS FY2022: $3.7MSPRS FY2023: $972.1KSPRS FY2024: $825.7KSPRS FY2025: $1.1MFY18FY19FY20FY21FY22FY23FY24FY25
EACO $32.3MSPRS $1.1M
Net margin
EACO FY2018: 3.6%EACO FY2019: 4.3%EACO FY2020: 3.5%EACO FY2021: 3.5%EACO FY2022: 7.3%EACO FY2023: 6.6%EACO FY2024: 4.2%EACO FY2025: 7.5%SPRS FY2018: 6.1%SPRS FY2019: 6.3%SPRS FY2020: 4.8%SPRS FY2021: 6.3%SPRS FY2022: 7.2%SPRS FY2023: 2.7%SPRS FY2024: 2.6%SPRS FY2025: 3.1%FY18FY19FY20FY21FY22FY23FY24FY25
EACO 7.5%SPRS 3.1%
Revenue growth
EACO FY2019: +14.5%EACO FY2020: +1.8%EACO FY2021: +5.6%EACO FY2022: +22.9%EACO FY2023: +9.2%EACO FY2024: +11.5%EACO FY2025: +20.1%SPRS FY2019: +0.4%SPRS FY2020: -2.4%SPRS FY2021: +25.6%SPRS FY2022: +30.3%SPRS FY2023: -30.1%SPRS FY2024: -14.0%SPRS FY2025: +16.4%FY19FY20FY21FY22FY23FY24FY25
EACO +20.1%SPRS +16.4%
Free cash flow
EACO FY2018: $3.4MEACO FY2019: -$2.7MEACO FY2020: -$3.9MEACO FY2021: $7.9MEACO FY2022: $15.3MEACO FY2023: $12.5MEACO FY2024: -$18.5MEACO FY2025: $15.9MSPRS FY2018: $1.2MSPRS FY2019: $985.1KSPRS FY2020: $1.1MSPRS FY2021: $2.1MSPRS FY2022: $2.2MSPRS FY2023: $2.1MSPRS FY2024: $1.8MSPRS FY2025: $794.2KFY18FY19FY20FY21FY22FY23FY24FY25
EACO $15.9MSPRS $794.2K

Fiscal years as each company reports them; the two may end in different months.

Questions about Eaco and Surge Components

Which is bigger by revenue, Eaco or Surge Components?

Eaco is bigger by revenue: $427.9M in fiscal 2025, against $36.3M for Surge Components in fiscal 2025.

Which keeps more of its revenue as profit, Eaco or Surge Components?

Eaco had a net margin of 7.5% in fiscal 2025; Surge Components had 3.1% in fiscal 2025.

Which grew revenue faster, Eaco or Surge Components?

In their latest fiscal years revenue changed by +20.1% at Eaco and +16.4% at Surge Components.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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