ADNOC Gas Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '21 Dec 31, 2021
Operating Revenue	17,874	18,509	19,065	16,528	17,038
Other Revenue	-	-	-	-	11
Revenue	17,874	18,509	19,065	16,528	17,049
Revenue Growth (YoY)	-6.78%	-2.91%	15.35%	-3.06%	-
Cost of Revenue	10,241	10,739	11,497	10,268	10,161
Gross Profit	7,634	7,770	7,568	6,260	6,888
Selling, General & Admin	1,102	1,112	1,119	908.15	1,265
Other Operating Expenses	-954.55	-1,035	-1,030	-884.36	-185
Operating Expenses	1,494	1,376	1,306	1,039	2,194
Operating Income	6,139	6,394	6,262	5,220	4,694
Interest Expense	-32.72	-26.42	-28.09	-77.96	-52
Interest & Investment Income	81.76	104.71	127.13	88.1	-
Earnings From Equity Investments	111.79	176.41	250.53	143.88	318
EBT Excluding Unusual Items	6,300	6,649	6,612	5,374	4,960
Gain (Loss) on Sale of Assets	-	-	-	-	-2
Pretax Income	6,300	6,649	6,612	5,374	4,958
Income Tax Expense	1,325	1,483	1,611	1,017	1,358
Net Income	4,976	5,166	5,001	4,357	3,600
Net Income to Common	4,976	5,166	5,001	4,357	3,600
Net Income Growth	-2.13%	3.29%	14.79%	21.03%	-
Shares Outstanding (Basic)	76,731	76,738	76,751	71,748	76,751
Shares Outstanding (Diluted)	76,731	76,738	76,751	71,748	76,751
Shares Change (YoY)	-0.03%	-0.02%	6.97%	-6.52%	-
EPS (Basic)	0.06	0.07	0.07	0.06	0.05
EPS (Diluted)	0.06	0.07	0.07	0.06	0.05
EPS Growth	-2.10%	3.31%	7.30%	29.47%	-
Free Cash Flow	2,568	2,710	3,939	3,714	-
Free Cash Flow Per Share	0.03	0.04	0.05	0.05	-
Dividend Per Share	0.059	0.047	0.044	0.039	-
Dividend Growth	32.52%	5.06%	13.68%	-	-
Gross Margin	42.71%	41.98%	39.70%	37.87%	40.40%
Operating Margin	34.35%	34.55%	32.85%	31.59%	27.53%
Profit Margin	27.84%	27.91%	26.23%	26.36%	21.12%
Free Cash Flow Margin	14.37%	14.64%	20.66%	22.47%	-
EBITDA	7,478	7,685	7,470	6,228	5,798
EBITDA Margin	41.84%	41.52%	39.18%	37.68%	34.01%
D&A For EBITDA	1,339	1,291	1,208	1,008	1,104
EBIT	6,139	6,394	6,262	5,220	4,694
EBIT Margin	34.35%	34.55%	32.85%	31.59%	27.53%
Effective Tax Rate	21.02%	22.31%	24.36%	18.93%	27.39%
Revenue as Reported	-	-	-	-	17,049

Source: S&P Global Market Intelligence. Standard template. Financial Sources.