Grifols 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	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Revenue	7,438	7,524	7,212	6,592	6,064	4,933
Revenue Growth (YoY)	0.89%	4.33%	9.40%	8.71%	22.92%	-7.62%
Cost of Revenue	4,585	4,605	4,365	4,109	3,850	2,971
Gross Profit	2,853	2,919	2,847	2,483	2,214	1,963
Selling, General & Admin	1,098	1,145	1,165	1,373	1,196	1,062
Research & Development	374.08	380.08	362.89	395	361.14	354.88
Other Operating Expenses	-1	-1	-	-3	-14.68	-16.3
Operating Expenses	1,471	1,524	1,528	1,765	1,542	1,400
Operating Income	1,382	1,395	1,319	718	671.4	562.51
Interest Expense	-561	-576	-602	-516	-444.54	-233.81
Interest & Investment Income	36	36	46	62	33.86	11.55
Earnings From Equity Investments	-1	-8	37	63	102	65.74
Currency Exchange Gain (Loss)	-55	-55	-60	-16	7.73	-11.6
Other Non Operating Income (Expenses)	-34	-33	-132	-105	-39.98	-33.64
EBT Excluding Unusual Items	767.23	759.23	608.31	206	330.46	360.75
Gain (Loss) on Sale of Assets	-	-	-	-	7.56	-10.29
Other Unusual Items	-156.23	-144.23	-164.31	-	-	-
Pretax Income	611	615	444	206	338.01	350.45
Income Tax Expense	116	115	231	43	90.11	85.13
Earnings From Continuing Operations	495	500	213	163	247.9	265.33
Minority Interest in Earnings	-80	-98	-56	-121	-62.87	-76.6
Net Income	415	402	157	42	185.04	188.73
Net Income to Common	415	402	157	42	185.04	188.73
Net Income Growth	112.57%	156.05%	273.81%	-77.30%	-1.96%	-69.49%
Shares Outstanding (Basic)	681	681	680	680	680	682
Shares Outstanding (Diluted)	681	682	680	680	680	682
Shares Change (YoY)	-	0.24%	0.02%	-0.01%	-0.26%	-0.58%
EPS (Basic)	0.61	0.59	0.23	0.06	0.27	0.28
EPS (Diluted)	0.61	0.59	0.23	0.06	0.27	0.28
EPS Growth	-	156.52%	283.33%	-77.78%	-2.49%	-69.23%
Free Cash Flow	753	782	669	-7	-285.23	349.6
Free Cash Flow Per Share	1.11	1.15	0.98	-0.01	-0.42	0.51
Gross Margin	38.36%	38.80%	39.48%	37.67%	36.51%	39.78%
Operating Margin	18.58%	18.54%	18.29%	10.89%	11.07%	11.40%
Profit Margin	5.58%	5.34%	2.18%	0.64%	3.05%	3.83%
Free Cash Flow Margin	10.12%	10.39%	9.28%	-0.11%	-4.70%	7.09%
EBITDA	1,676	1,697	1,607	1,164	1,082	922.28
EBITDA Margin	22.54%	22.56%	22.29%	17.66%	17.85%	18.70%
D&A For EBITDA	294	302	288	446	410.98	359.77
EBIT	1,382	1,395	1,319	718	671.4	562.51
EBIT Margin	18.58%	18.54%	18.29%	10.89%	11.07%	11.40%
Effective Tax Rate	18.98%	18.70%	52.03%	20.87%	26.66%	24.29%
Advertising Expenses	-	81	85	80	91.89	71.28

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