Solvay 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
Operating Revenue	4,123	4,540	4,880	5,539	10,105
Other Revenue	623	590	1,145	2,440	1,329
Revenue	4,746	5,130	6,025	7,979	11,434
Revenue Growth (YoY)	-7.49%	-14.85%	-24.49%	-30.22%	17.71%
Cost of Revenue	3,743	3,984	4,642	6,554	8,508
Gross Profit	1,003	1,146	1,383	1,425	2,926
Selling, General & Admin	489	441	526	565	1,233
Research & Development	23	34	47	46	325
Other Operating Expenses	21	97	-10	-310	157
Operating Expenses	533	572	563	301	1,715
Operating Income	470	574	820	1,124	1,211
Interest Expense	-99	-107	-65	-43	-99
Interest & Investment Income	10	17	36	16	9
Earnings From Equity Investments	39	38	53	153	158
Currency Exchange Gain (Loss)	-	-3	3	24	-
Other Non Operating Income (Expenses)	-22	24	-74	23	-5
EBT Excluding Unusual Items	398	543	773	1,297	1,274
Merger & Restructuring Charges	-	-89	-455	-96	-228
Impairment of Goodwill	-	-	-38	-	-
Gain (Loss) on Sale of Investments	-1	-22	4	-	9
Gain (Loss) on Sale of Assets	-	6	3	3	12
Asset Writedown	-87	-45	-57	37	-
Legal Settlements	-	-1	-12	-	61
Other Unusual Items	-153	-72	-38	-110	-34
Pretax Income	157	320	180	1,131	1,094
Income Tax Expense	120	87	208	228	110
Earnings From Continuing Operations	37	233	-28	903	984
Earnings From Discontinued Operations	-	-	2,130	1,016	5
Net Income to Company	37	233	2,102	1,919	989
Minority Interest in Earnings	-7	-10	-9	-14	-41
Net Income	30	223	2,093	1,905	948
Net Income to Common	30	223	2,093	1,905	948
Net Income Growth	-86.55%	-89.34%	9.87%	100.95%	-
Shares Outstanding (Basic)	104	105	104	104	104
Shares Outstanding (Diluted)	105	106	104	104	104
Shares Change (YoY)	-0.53%	1.82%	0.02%	0.34%	0.63%
EPS (Basic)	0.29	2.12	20.09	18.36	9.16
EPS (Diluted)	0.28	2.10	20.09	18.30	9.14
EPS Growth	-86.67%	-89.55%	9.80%	100.26%	-
Free Cash Flow	491	343	944	1,191	938
Free Cash Flow Per Share	4.65	3.23	9.06	11.44	9.04
Dividend Per Share	2.430	2.430	2.430	4.050	3.850
Dividend Growth	-	-	-40.00%	5.20%	2.67%
Gross Margin	21.13%	22.34%	22.95%	17.86%	25.59%
Operating Margin	9.90%	11.19%	13.61%	14.09%	10.59%
Profit Margin	0.63%	4.35%	34.74%	23.88%	8.29%
Free Cash Flow Margin	10.35%	6.69%	15.67%	14.93%	8.20%
EBITDA	787	821	1,550	1,898	1,946
EBITDA Margin	16.58%	16.00%	25.73%	23.79%	17.02%
D&A For EBITDA	317	247	730	774	735
EBIT	470	574	820	1,124	1,211
EBIT Margin	9.90%	11.19%	13.61%	14.09%	10.59%
Effective Tax Rate	76.43%	27.19%	115.56%	20.16%	10.05%
Revenue as Reported	4,746	5,130	6,024	7,979	11,434

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.