Gulf Island Fabrication Inc logo

GIFIGulf Island Fabrication Inc

NASDAQ · Industrials · Metal Fabrication

Gulf Island Fabrication Inc (GIFI) is a metal fabrication company listed on NASDAQ. It is led by Richard W. Heo Ph.D., based in 2170 Buckthorne Place, The Woodlands, TX, United States, 77380, with about 751 employees. Gulf Island Fabrication, Inc., together with its subsidiaries, operates as a fabricator of steel structures and modules in the United States. It operates through Services, Fabrication, and Shipyard divisions. The company offers maintenance, repair, construction, scaffolding, coatings, welding enclosures, cleaning and environmental, and other specialty services on offshore platforms, inland structures, and industrial facilities; hookup and civil construction services; services required to connect production equipment and service modules and equipment on offshore platforms; project management and commissioning services; and undertake municipal and drainage projects, including pump stations, levee reinforcement, bulkheads, and other public works. It also provides fabricates modules, skids and piping systems for onshore refining, petrochemical, LNG, and industrial facilities and offshore facilities; fabricates foundations, secondary steel components, and support structures for alternative energy developments and coastal mooring facilities; fabricates offshore production platforms and associated structures, including jacket foundations, piles and topsides for fixed production and utility platforms, as well as hulls and topsides for floating production and utility platforms; and fabricates other complex steel structures and components. In addition, the company fabricates newbuild marine vessels; provides marine repair and maintenance services. It serves international energy producers; refining, petrochemical, LNG, industrial, and power operators; and engineering, procurement, and construction companies. The company was incorporated in 1985 and is headquartered in The Woodlands, Texas. As of January 16, 2026, Gulf Island Fabrication, Inc. operates as a subsidiary of IES Holdings, Inc.

Latest reported GIFI revenue for 2025-09-30 was $51.5M. Net income was $1.6M. Revenue was up 37.3% from 2025-06-30 to 2025-09-30. GIFI currently screens at market cap $188.3M and trailing P/E 19.6.

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About Gulf Island Fabrication Inc

Gulf Island Fabrication, Inc., together with its subsidiaries, operates as a fabricator of steel structures and modules in the United States. It operates through Services, Fabrication, and Shipyard divisions. The company offers maintenance, repair, construction, scaffolding, coatings, welding enclosures, cleaning and environmental, and other specialty services on offshore platforms, inland structures, and industrial facilities; hookup and civil construction services; services required to connect production equipment and service modules and equipment on offshore platforms; project management and commissioning services; and undertake municipal and drainage projects, including pump stations, levee reinforcement, bulkheads, and other public works. It also provides fabricates modules, skids and piping systems for onshore refining, petrochemical, LNG, and industrial facilities and offshore facilities; fabricates foundations, secondary steel components, and support structures for alternative energy developments and coastal mooring facilities; fabricates offshore production platforms and associated structures, including jacket foundations, piles and topsides for fixed production and utility platforms, as well as hulls and topsides for floating production and utility platforms; and fabricates other complex steel structures and components. In addition, the company fabricates newbuild marine vessels; provides marine repair and maintenance services. It serves international energy producers; refining, petrochemical, LNG, industrial, and power operators; and engineering, procurement, and construction companies. The company was incorporated in 1985 and is headquartered in The Woodlands, Texas. As of January 16, 2026, Gulf Island Fabrication, Inc. operates as a subsidiary of IES Holdings, Inc.

GIFI Key Statistics

Market Cap

$188.30M

P/E Ratio

19.62

P/B Ratio

2.04

EPS

$0.88

Revenue

$159.20M

Net Income

$14.74M

Gross Profit

$0.00

Free Cash Flow

$0.00

Revenue Growth

+5.4%

Profit Margin

9.3%

Employees

751

GIFI Financials

Annual income statement in USD. Latest reported periods first.

GIFI annual income statement across FY2024, FY2023, FY2022, FY2021
LineFY2024FY2023FY2022FY2021
Revenue$159.20M$151.07M$142.32M$93.45M
Cost of Revenue$0.00$0.00$0.00$0.00
Gross Profit$0.00$0.00$0.00$0.00
Operating Income$0.00$0.00$0.00$0.00
Net Income$14.74M-$24.40M-$3.35M-$22.17M
EPS (Diluted)$0.88-$1.51-$0.21-$1.43

Total Assets

$133.22M

Total Debt

$0.00

Shareholders' Equity

$0.00

Cash & Equivalents

$27.28M

Operating Cash Flow

$18.25M

Free Cash Flow

$0.00

Gulf Island Fabrication Inc Company Information

President, CEO & Chairman
Richard W. Heo Ph.D.
Headquarters
2170 Buckthorne Place, The Woodlands, TX, United States, 77380
Phone
713 714 6100
IPO / Founded
1997-04-03
Industry
Metal Fabrication
Data Updated:

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