AXA SA 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
Net Premiums Earned	89,953	86,078	80,889	80,449	96,316
Investment Income	13,513	12,527	12,225	12,332	12,165
Net Gains on Investments	-49	434	5,650	-370	2,619
Total Other Revenues	-8,726	-7,784	-13,047	-5,618	11,071
Revenue	94,691	91,255	85,717	86,793	122,171
Revenue Growth (YoY)	3.77%	6.46%	-1.24%	-28.96%	8.74%
Insurance Benefits & Claims	80,957	78,032	73,957	75,537	88,434
Policy Amortization Costs	-	-	-	-	13,053
Other Operating Expenses	2,220	2,062	1,800	2,704	9,729
Operating Income	11,514	11,161	9,960	8,552	10,955
Interest Expense	-627	-607	-611	-652	-462
Other Non-Operating Income (Expense)	257	173	249	-149	144
Total Non-Operating Income (Expense)	-370	-434	-362	-801	-318
Pretax Income	9,999	9,978	8,435	7,751	10,637
Provision for Income Taxes	2,367	2,459	1,399	1,376	1,689
Net Income	9,797	7,886	7,189	5,061	7,294
Minority Interest in Earnings	184	188	184	146	214
Earnings From Discontinued Operations	2,349	555	337	-	-
Net Income to Common	9,797	7,886	7,189	5,061	7,294
Net Income Growth	24.23%	9.70%	42.05%	-30.61%	130.53%
Shares Outstanding (Basic)	2,118	2,191	2,232	2,290	2,380
Shares Outstanding (Diluted)	2,124	2,197	2,238	2,297	2,388
Shares Change (YoY)	-3.32%	-1.83%	-2.57%	-3.81%	0.04%
EPS (Basic)	4.54	3.51	3.14	2.13	2.98
EPS (Diluted)	4.53	3.50	3.13	2.12	2.97
EPS Growth	29.43%	11.82%	47.64%	-28.62%	137.60%
Shares Outstanding	2,055	2,175	2,226	2,265	2,356
Free Cash Flow	21,924	11,991	3,517	8,307	6,176
Free Cash Flow Growth	82.84%	240.94%	-57.66%	34.51%	-75.44%
Free Cash Flow Per Share	10.32	5.46	1.57	3.62	2.59
Dividends Per Share	2.320	2.150	1.980	1.700	1.540
Dividend Growth	7.91%	8.59%	16.47%	10.39%	7.69%
Operating Margin	12.16%	12.23%	11.62%	9.85%	8.97%
Profit Margin	8.06%	8.24%	8.21%	7.35%	7.32%
FCF Margin	23.15%	13.14%	4.10%	9.57%	5.06%
EBITDA	10,779	10,599	9,398	7,747	11,825
EBITDA Margin	11.38%	11.61%	10.96%	8.93%	9.68%
EBIT	11,514	11,161	9,960	8,552	10,955
EBIT Margin	12.16%	12.23%	11.62%	9.85%	8.97%
Effective Tax Rate	23.67%	24.64%	16.59%	17.75%	15.88%

Updated Feb 15, 2026. Data Source: Fiscal.ai. Insurance template. Financial Sources.