Vestas Wind Systems A/S (CPH:VWS)
Denmark · Delayed Price · Currency is DKK 181.70
+1.65 (0.92%)
Jun 1, 2026, 12:54 PM CET
Vestas Wind Systems 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 |
| 15,354 | 18,822 | 17,295 | 15,382 | 14,486 | 15,587 | |
Revenue Growth (YoY) | -15.09% | 8.83% | 12.44% | 6.19% | -7.06% | 5.18% |
Cost of Revenue | 13,216 | 16,325 | 15,238 | 14,099 | 14,368 | 14,031 |
Gross Profit | 2,138 | 2,497 | 2,057 | 1,283 | 118 | 1,556 |
Selling, General & Admin | 771 | 1,006 | 938 | 876 | 813 | 739 |
Research & Development | 314 | 424 | 380 | 371 | 457 | 389 |
Other Operating Expenses | 60 | 52 | -55 | -256 | 444 | 103 |
Total Operating Expenses | 1,145 | 1,482 | 1,263 | 991 | 1,714 | 1,231 |
Operating Income | 995 | 1,015 | 794 | 292 | -1,596 | 289 |
Interest Income | 8 | 7 | -3 | -26 | 62 | 21 |
Interest Expense | - | - | - | - | -162 | -122 |
Other Non-Operating Income (Expense) | 31 | 17 | -86 | -164 | - | - |
Total Non-Operating Income (Expense) | 39 | 24 | -89 | -190 | -100 | -101 |
Pretax Income | 1,032 | 1,039 | 705 | 102 | -1,696 | 224 |
Provision for Income Taxes | 257 | 259 | 211 | 24 | -124 | 81 |
Net Income | 773 | 778 | 499 | 77 | -1,572 | 134 |
Minority Interest in Earnings | 2 | 2 | -5 | 1 | 0 | 9 |
Net Income to Common | 773 | 778 | 499 | 77 | -1,572 | 134 |
Net Income Growth | 35.14% | 55.91% | 548.05% | - | - | -82.48% |
Shares Outstanding (Basic) | 909 | 999 | 1,006 | 1,006 | 1,006 | 1,005 |
Shares Outstanding (Diluted) | 920 | 1,004 | 1,010 | 1,010 | 1,006 | 1,008 |
Shares Change (YoY) | -9.91% | -0.62% | 0.03% | 0.36% | -0.18% | 2.54% |
EPS (Basic) | 0.85 | 0.78 | 0.50 | 0.08 | -1.56 | 0.17 |
EPS (Diluted) | 0.84 | 0.77 | 0.49 | 0.08 | -1.56 | 0.17 |
EPS Growth | 50.00% | 57.14% | 512.50% | - | - | -78.20% |
Shares Outstanding | 990.42 | 990.42 | 1,006 | 1,006 | 1,006 | 1,005 |
Free Cash Flow | - | 1,465 | 1,662 | 571 | -566 | 480 |
Free Cash Flow Growth | - | -11.85% | 191.07% | - | - | 31.87% |
Free Cash Flow Per Share | - | 1.46 | 1.65 | 0.57 | -0.56 | 0.48 |
Dividends Per Share | 0.100 | 0.100 | 0.070 | - | - | 0.050 |
Dividend Growth | - | 42.86% | - | - | - | -78.26% |
Gross Margin | 13.92% | 13.27% | 11.89% | 8.34% | 0.81% | 9.98% |
Operating Margin | 6.48% | 5.39% | 4.59% | 1.90% | -11.02% | 1.85% |
Profit Margin | 5.05% | 4.14% | 2.86% | 0.51% | -10.85% | 0.92% |
FCF Margin | - | 7.78% | 9.61% | 3.71% | -3.91% | 3.08% |
EBITDA | 995 | 1,015 | 794 | 292 | -1,596 | 289 |
EBIT | 995 | 1,015 | 794 | 292 | -1,596 | 289 |
EBIT Margin | 6.48% | 5.39% | 4.59% | 1.90% | -11.02% | 1.85% |
Effective Tax Rate | 24.90% | 24.93% | 29.93% | 23.53% | 7.31% | 36.16% |