Orange 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
Revenue	40,396	40,260	39,678	39,127	42,522
Revenue Growth (YoY)	0.34%	1.47%	1.41%	-7.98%	0.60%
Cost of Revenue	16,388	16,649	16,762	16,164	17,973
Gross Profit	24,008	23,611	22,916	22,963	24,549
Selling, General & Admin	11,708	10,229	10,411	10,396	11,843
Depreciation & Amortization Expenses	8,549	7,891	7,747	7,372	8,639
Other Operating Expenses	128	24	7	405	1,551
Total Operating Expenses	20,385	18,144	18,165	18,173	22,033
Operating Income	3,624	5,464	4,760	4,791	2,518
Interest Income	69	27	254	46	0
Interest Expense	-1,341	-1,312	-1,303	-901	-950
Other Non-Operating Income (Expense)	-184	-132	-137	-51	171
Total Non-Operating Income (Expense)	-1,456	-1,417	-1,186	-906	-779
Pretax Income	2,168	4,047	3,574	3,885	1,739
Provision for Income Taxes	1,070	1,355	875	1,313	962
Net Income	538	2,350	2,440	2,146	233
Minority Interest in Earnings	601	552	451	471	545
Earnings From Discontinued Operations	42	207	203	45	-
Net Income to Common	538	2,350	2,440	2,146	233
Net Income Growth	-77.11%	-3.69%	13.70%	821.03%	-95.17%
Shares Outstanding (Basic)	2,658	2,659	2,659	2,658	2,657
Shares Outstanding (Diluted)	2,660	2,660	2,661	2,687	2,658
Shares Change (YoY)	0.02%	-0.03%	-0.98%	1.09%	-0.97%
EPS (Basic)	0.14	0.82	0.85	0.73	-
EPS (Diluted)	0.14	0.82	0.85	0.73	-
EPS Growth	-82.93%	-3.53%	16.44%	-	-
Free Cash Flow	-3,544	-3,248	4,225	2,458	-6,093
Free Cash Flow Growth	-	-	71.89%	-	-
Free Cash Flow Per Share	-1.33	-1.22	1.59	0.91	-2.29
Dividends Per Share	0.750	0.750	0.720	0.700	0.700
Dividend Growth	-	4.17%	2.86%	-	-
Gross Margin	59.43%	58.65%	57.75%	58.69%	57.73%
Operating Margin	8.97%	13.57%	12.00%	12.24%	5.92%
Profit Margin	2.72%	6.69%	6.77%	6.57%	1.83%
FCF Margin	-8.77%	-8.07%	10.65%	6.28%	-14.33%
EBITDA	12,173	13,557	13,723	13,440	11,157
EBITDA Margin	30.13%	33.67%	34.59%	34.35%	26.24%
EBIT	3,624	5,464	4,760	4,791	2,518
EBIT Margin	8.97%	13.57%	12.00%	12.24%	5.92%
Effective Tax Rate	49.35%	33.48%	24.48%	33.80%	55.32%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.