ADX:ADNOCDRILL Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	4,903	4,034	3,057	2,673	2,269
Revenue Growth (YoY)	21.53%	31.97%	14.35%	17.79%	8.18%
Cost of Revenue	3,106	2,337	1,849	1,720	1,385
Gross Profit	1,797	1,697	1,208	953.73	884.27
Selling, General & Admin	147.94	128.13	75.27	106	238.71
Amortization of Goodwill & Intangibles	4.19	3.54	3.55	2.31	-
Other Operating Expenses	-	-	29.59	-	-
Operating Expenses	167.2	155.36	126.33	126.53	263.2
Operating Income	1,630	1,541	1,082	827.2	621.07
Interest Expense	-109.46	-136	-74.58	-34.88	-17.7
Interest & Investment Income	11.63	11.74	15.73	6.27	0.73
Earnings From Equity Investments	29	8.49	-	-	-
Other Non Operating Income (Expenses)	26.99	6.39	9.85	6.17	10.14
EBT Excluding Unusual Items	1,588	1,432	1,033	804.76	614.23
Asset Writedown	-	-	-	-2.95	-10.32
Pretax Income	1,588	1,432	1,033	801.81	603.91
Income Tax Expense	139.1	128.51	-	-	-
Net Income	1,449	1,304	1,033	801.81	603.91
Net Income to Common	1,449	1,304	1,033	801.81	603.91
Net Income Growth	11.14%	26.22%	28.81%	32.77%	6.13%
Shares Outstanding (Basic)	15,967	15,999	16,000	16,000	16,000
Shares Outstanding (Diluted)	15,967	15,999	16,000	16,000	16,000
Shares Change (YoY)	-0.20%	-0.01%	-	-	-
EPS (Basic)	0.09	0.08	0.06	0.05	0.04
EPS (Diluted)	0.09	0.08	0.06	0.05	0.04
EPS Growth	11.36%	26.23%	28.81%	32.77%	6.13%
Free Cash Flow	1,421	895.26	292.78	585.82	596.39
Free Cash Flow Per Share	0.09	0.06	0.02	0.04	0.04
Dividend Per Share	0.058	0.049	0.045	0.043	0.020
Dividend Growth	18.43%	10.00%	5.01%	109.96%	-
Gross Margin	36.65%	42.06%	39.52%	35.68%	38.96%
Operating Margin	33.24%	38.21%	35.39%	30.94%	27.37%
Profit Margin	29.55%	32.31%	33.79%	29.99%	26.61%
Free Cash Flow Margin	28.98%	22.19%	9.58%	21.91%	26.28%
EBITDA	2,131	1,971	1,453	1,216	1,014
EBITDA Margin	43.46%	48.87%	47.55%	45.49%	44.66%
D&A For EBITDA	501.28	430.02	371.66	388.74	392.47
EBIT	1,630	1,541	1,082	827.2	621.07
EBIT Margin	33.24%	38.21%	35.39%	30.94%	27.37%
Effective Tax Rate	8.76%	8.97%	-	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.