Galp Energia, SGPS 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	19,507	21,311	20,769	26,840	16,117
Other Revenue	-	-1	1	-	-
Revenue	19,507	21,310	20,770	26,840	16,117
Revenue Growth (YoY)	-8.46%	2.60%	-22.61%	66.53%	41.61%
Cost of Revenue	13,685	15,023	14,310	22,783	10,660
Gross Profit	5,822	6,287	6,460	4,057	5,457
Selling, General & Admin	458	458	457	373	314
Other Operating Expenses	2,682	2,476	2,242	-1,039	2,411
Operating Expenses	3,863	3,880	3,661	723	3,791
Operating Income	1,959	2,407	2,799	3,334	1,666
Interest Expense	-136	-205	-174	-117	-111
Interest & Investment Income	108	138	129	62	18
Earnings From Equity Investments	36	-45	49	152	83
Currency Exchange Gain (Loss)	12	-39	29	-8	31
Other Non Operating Income (Expenses)	-78	-54	-220	-160	-844
EBT Excluding Unusual Items	1,901	2,202	2,612	3,263	843
Impairment of Goodwill	-	-	-25	-16	-
Gain (Loss) on Sale of Assets	133	138	-	-	-
Pretax Income	2,034	2,340	2,587	3,247	843
Income Tax Expense	754	1,114	1,136	1,521	693
Earnings From Continuing Operations	1,280	1,226	1,451	1,726	150
Minority Interest in Earnings	-160	-186	-209	-251	-146
Net Income	1,120	1,040	1,242	1,475	4
Net Income to Common	1,120	1,040	1,242	1,475	4
Net Income Growth	7.69%	-16.26%	-15.80%	36775.00%	-
Shares Outstanding (Basic)	741	761	796	815	829
Shares Outstanding (Diluted)	741	761	796	815	829
Shares Change (YoY)	-2.64%	-4.39%	-2.34%	-1.73%	-0.67%
EPS (Basic)	1.51	1.37	1.56	1.81	0.00
EPS (Diluted)	1.51	1.36	1.56	1.81	0.00
EPS Growth	11.03%	-12.82%	-13.81%	37428.51%	-
Free Cash Flow	353	1,150	1,572	1,993	273
Free Cash Flow Per Share	0.48	1.51	1.98	2.45	0.33
Dividend Per Share	0.640	0.620	0.540	0.520	0.500
Dividend Growth	3.23%	14.82%	3.85%	4.00%	42.86%
Gross Margin	29.85%	29.50%	31.10%	15.12%	33.86%
Operating Margin	10.04%	11.29%	13.48%	12.42%	10.34%
Profit Margin	5.74%	4.88%	5.98%	5.50%	0.03%
Free Cash Flow Margin	1.81%	5.40%	7.57%	7.42%	1.69%
EBITDA	2,491	3,151	3,583	4,513	2,493
EBITDA Margin	12.77%	14.79%	17.25%	16.81%	15.47%
D&A For EBITDA	532	744	784	1,179	827
EBIT	1,959	2,407	2,799	3,334	1,666
EBIT Margin	10.04%	11.29%	13.48%	12.42%	10.34%
Effective Tax Rate	37.07%	47.61%	43.91%	46.84%	82.21%
Revenue as Reported	20,238	22,029	21,394	28,189	16,552

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