Cellnex Telecom Income Statement

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

Millions EUR. 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
Property Revenue	4,120	4,070	3,804	3,248	-
Service and Other Revenue	298.09	283	245.15	247.47	183.41
Revenue	4,418	4,353	4,049	3,495	183.41
Revenue Growth (YoY)	1.50%	7.51%	15.85%	1805.63%	-88.57%
Property Taxes	-	-	-	-	-0.36
Gross Profit	4,418	4,353	4,049	3,495	183.78
Selling, General & Admin	357.98	296.45	333.98	270.38	0
Depreciation & Amortization Expenses	2,716	2,486	2,553	2,321	8.8
Other Operating Expenses	868.78	1,374	788.53	673.79	0.5
Operating Income	476.05	196.82	374.07	230.32	32.88
Interest Income	68.62	69.82	76.45	22.52	16
Interest Expense	-993.84	-964.48	-884.29	-751.48	-405.69
Other Non-Operating Income (Expense)	-2.61	-3.09	-2.64	-4.24	12.98
Total Non-Operating Income (Expense)	-927.83	-897.75	-810.48	-733.2	-376.72
Pretax Income	-451.78	-700.93	-436.41	-502.88	-156.71
Provision for Income Taxes	-99.11	-657.78	-120.59	-189.95	-63.73
Net Income	-360.78	-28.04	-297.22	-297.06	-92.97
Minority Interest in Earnings	8.1	-15.11	-18.6	-15.88	-
Net Income to Common	-360.78	-28.04	-297.22	-297.06	-92.97
Shares Outstanding (Basic)	687	706	669	673	611
Shares Outstanding (Diluted)	687	706	669	673	611
Shares Change (YoY)	-2.69%	5.51%	-0.60%	10.19%	58.50%
EPS (Basic)	-0.53	-0.04	-0.44	-0.44	-0.59
EPS (Diluted)	-0.35	0.10	-0.29	-0.29	-0.43
Shares Outstanding	673.84	705.57	705.53	705.36	678.13
Free Cash Flow	525.82	276.24	-126	-739.37	-380.26
Free Cash Flow Growth	90.35%	-	-	-	-
Free Cash Flow Per Share	0.77	0.39	-0.19	-1.10	-0.62
Dividends Per Share	-	0.063	0.057	0.052	0.048
Dividend Growth	-	9.79%	9.95%	9.00%	-10.57%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.20%
Operating Margin	10.77%	4.52%	9.24%	6.59%	17.93%
Profit Margin	-7.98%	-0.99%	-7.80%	-8.95%	-50.69%
FCF Margin	11.90%	6.35%	-3.11%	-21.15%	-207.32%
EBITDA	3,149	2,805	2,993	2,551	1,720
EBITDA Margin	71.27%	64.44%	73.92%	72.99%	938.02%
EBIT	476.05	196.82	374.07	230.32	32.88
EBIT Margin	10.77%	4.52%	9.24%	6.59%	17.93%
Effective Tax Rate	21.94%	93.84%	27.63%	37.77%	40.67%

Updated Dec 31, 2025. Data Source: Fiscal.ai. real_estate template. Financial Sources.