HUTCHMED (China) 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	548.51	630.2	838	426.41	356.13
Revenue Growth (YoY)	-12.96%	-24.80%	96.53%	19.73%	56.21%
Cost of Revenue	484.64	560.99	686.45	698	557.32
Gross Profit	63.87	69.21	151.55	-271.59	-201.19
Selling, General & Admin	103.03	112.91	133.18	136.11	127.13
Operating Expenses	103.03	112.91	133.18	136.11	127.13
Operating Income	-39.16	-43.71	18.38	-407.69	-328.32
Interest Expense	-2.87	-2.87	-0.76	-0.65	-0.59
Interest & Investment Income	49.88	40.08	36.15	9.6	2.08
Earnings From Equity Investments	22.65	46.47	47.3	49.75	60.62
Currency Exchange Gain (Loss)	5	5.06	8.66	-5.7	1.67
Other Non Operating Income (Expenses)	7	5.13	1.65	-5.97	-11.89
EBT Excluding Unusual Items	42.5	50.17	111.37	-360.67	-276.43
Gain (Loss) on Sale of Investments	478.93	-	-	-	121.31
Asset Writedown	-0.09	-4.8	-5.77	-	-
Pretax Income	521.34	45.36	105.6	-360.67	-155.12
Income Tax Expense	63.61	7.19	4.51	-0.28	11.92
Earnings From Continuing Operations	457.73	38.17	101.09	-360.39	-167.04
Minority Interest in Earnings	-0.82	-0.44	-0.31	-0.45	-27.61
Net Income	456.91	37.73	100.78	-360.84	-194.65
Net Income to Common	456.91	37.73	100.78	-360.84	-194.65
Net Income Growth	1111.03%	-62.56%	-	-	-
Shares Outstanding (Basic)	858	855	850	847	793
Shares Outstanding (Diluted)	873	873	869	847	793
Shares Change (YoY)	0.01%	0.42%	2.60%	6.87%	13.58%
EPS (Basic)	0.53	0.04	0.12	-0.43	-0.25
EPS (Diluted)	0.52	0.04	0.12	-0.43	-0.25
EPS Growth	1200.03%	-66.28%	-	-	-
Free Cash Flow	-78.81	-17.44	186.65	-305.26	-220.62
Free Cash Flow Per Share	-0.09	-0.02	0.21	-0.36	-0.28
Gross Margin	11.64%	10.98%	18.09%	-63.69%	-56.49%
Operating Margin	-7.14%	-6.93%	2.19%	-95.61%	-92.19%
Profit Margin	83.30%	5.99%	12.03%	-84.62%	-54.66%
Free Cash Flow Margin	-14.37%	-2.77%	22.27%	-71.59%	-61.95%
EBITDA	-25.85	-31.36	26.58	-399.03	-321.13
EBITDA Margin	-4.71%	-4.98%	3.17%	-93.58%	-90.17%
D&A For EBITDA	13.31	12.34	8.21	8.66	7.19
EBIT	-39.16	-43.71	18.38	-407.69	-328.32
EBIT Margin	-7.14%	-6.93%	2.19%	-95.61%	-92.19%
Effective Tax Rate	12.20%	15.86%	4.27%	-	-
Revenue as Reported	548.51	630.2	838	426.41	356.13

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