Iren SpA Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	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 '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	6,054	6,333	5,903	6,302	7,628	4,827
Other Revenue	187.34	186.86	109.2	104.93	137.02	93.44
Revenue	6,242	6,520	6,013	6,407	7,765	4,920
Revenue Growth (YoY)	-4.37%	8.44%	-6.15%	-17.50%	57.82%	37.44%
Selling, General & Admin	0.54	0.54	0.93	0.94	37.76	35.04
Depreciation & Amortization	725.15	716.27	655.48	600.93	522.59	478.32
Provision for Bad Debts	88.97	86.23	74.48	68.42	62.55	-
Other Operating Expenses	4,930	5,209	4,780	5,297	6,715	3,919
Total Operating Expenses	5,745	6,012	5,511	5,968	7,338	4,486
Operating Income	496.56	508.59	502	438.81	426.77	434.64
Interest Expense	-125.33	-134.61	-141.52	-111.92	-60.61	-51.72
Interest Income	24.92	24.92	39.54	19.41	9.93	8.73
Net Interest Expense	-100.41	-109.69	-101.98	-92.51	-50.68	-42.99
Income (Loss) on Equity Investments	11.33	13.9	7.47	6.84	11.76	10.29
Other Non-Operating Income (Expenses)	18.63	27.27	30.59	9.83	-17.63	10.35
EBT Excluding Unusual Items	426.1	440.07	438.08	362.97	370.22	412.29
Gain (Loss) on Sale of Investments	2.45	2.36	-1.26	6.26	5.21	6.02
Gain (Loss) on Sale of Assets	-2.81	-2.81	-3.11	-2.24	0.07	0.19
Asset Writedown	-9.09	-9.09	-	-	-	-
Insurance Settlements	7.9	7.9	1.57	11.86	23.29	5.11
Pretax Income	424.55	438.42	435.28	378.85	398.8	423.61
Income Tax Expense	117.25	122.16	131.7	97.03	128.85	90.21
Earnings From Continuing Ops.	307.3	316.26	303.58	281.83	269.95	333.4
Minority Interest in Earnings	-13.6	-15.71	-35.11	-27.08	-43.93	-30.23
Net Income	293.7	300.55	268.47	254.75	226.02	303.17
Net Income to Common	293.7	300.55	268.47	254.75	226.02	303.17
Net Income Growth	5.45%	11.95%	5.38%	12.71%	-25.45%	26.76%
Shares Outstanding (Basic)	1,283	1,283	1,283	1,283	1,283	1,283
Shares Outstanding (Diluted)	1,283	1,283	1,283	1,283	1,283	1,283
Shares Change (YoY)	-	-	-	-	-0.02%	-0.66%
EPS (Basic)	0.23	0.23	0.21	0.20	0.18	0.24
EPS (Diluted)	0.22	0.23	0.21	0.20	0.18	0.24
EPS Growth	3.50%	9.92%	5.39%	12.71%	-25.44%	27.61%
Free Cash Flow	46.85	152.45	252.96	-186.31	185.49	192.7
Free Cash Flow Per Share	0.04	0.12	0.20	-0.14	0.14	0.15
Dividend Per Share	-	0.139	0.128	0.119	0.110	0.105
Dividend Growth	-	8.03%	8.00%	8.00%	4.76%	10.53%
Profit Margin	4.71%	4.61%	4.46%	3.98%	2.91%	6.16%
Free Cash Flow Margin	0.75%	2.34%	4.21%	-2.91%	2.39%	3.92%
EBITDA	1,187	1,199	1,157	1,040	949.36	912.96
EBITDA Margin	19.02%	18.39%	19.25%	16.23%	12.23%	18.55%
D&A For EBITDA	690.82	690.78	655.48	600.93	522.59	478.32
EBIT	496.56	508.59	502	438.81	426.77	434.64
EBIT Margin	7.96%	7.80%	8.35%	6.85%	5.50%	8.83%
Effective Tax Rate	27.62%	27.86%	30.26%	25.61%	32.31%	21.30%
Revenue as Reported	6,295	6,574	6,043	6,490	7,863	4,956

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