Wolters Kluwer 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	6,125	5,916	5,584	5,453	4,771
Revenue Growth (YoY)	3.53%	5.95%	2.40%	14.29%	3.65%
Cost of Revenue	1,625	1,626	1,576	1,578	1,374
Gross Profit	4,500	4,290	4,008	3,875	3,397
Selling, General & Admin	2,972	2,840	2,681	2,592	2,324
Operating Expenses	2,972	2,840	2,681	2,592	2,324
Operating Income	1,528	1,450	1,327	1,283	1,073
Interest Expense	-96	-105	-89	-72	-67
Interest & Investment Income	-	52	55	21	4
Earnings From Equity Investments	2	2	1	-	1
Currency Exchange Gain (Loss)	10	-4	22	6	-11
Other Non Operating Income (Expenses)	-	-5	-15	-11	-4
EBT Excluding Unusual Items	1,444	1,390	1,301	1,227	996
Merger & Restructuring Charges	-26	-7	-11	-6	-9
Impairment of Goodwill	-	-2	-	-	-
Gain (Loss) on Sale of Investments	-	-	3	-	-5
Gain (Loss) on Sale of Assets	231	-3	4	75	-20
Asset Writedown	-	-	-	-20	-33
Pretax Income	1,649	1,378	1,297	1,276	929
Income Tax Expense	341	299	290	249	201
Earnings From Continuing Operations	1,308	1,079	1,007	1,027	728
Net Income	1,308	1,079	1,007	1,027	728
Net Income to Common	1,308	1,079	1,007	1,027	728
Net Income Growth	21.22%	7.15%	-1.95%	41.07%	0.97%
Shares Outstanding (Basic)	231	238	245	255	260
Shares Outstanding (Diluted)	232	238	246	256	262
Shares Change (YoY)	-2.77%	-3.09%	-3.83%	-2.29%	-1.80%
EPS (Basic)	5.66	4.54	4.11	4.03	2.80
EPS (Diluted)	5.64	4.52	4.09	4.01	2.78
EPS Growth	24.78%	10.51%	1.99%	44.25%	2.96%
Free Cash Flow	1,365	1,340	1,221	1,287	1,052
Free Cash Flow Per Share	5.89	5.62	4.96	5.03	4.02
Dividend Per Share	2.520	2.330	2.080	1.810	1.570
Dividend Growth	8.15%	12.02%	14.92%	15.29%	15.44%
Gross Margin	73.47%	72.52%	71.78%	71.06%	71.20%
Operating Margin	24.95%	24.51%	23.76%	23.53%	22.49%
Profit Margin	21.36%	18.24%	18.03%	18.83%	15.26%
Free Cash Flow Margin	22.29%	22.65%	21.87%	23.60%	22.05%
EBITDA	2,005	1,844	1,700	1,644	1,423
EBITDA Margin	32.73%	31.17%	30.44%	30.15%	29.83%
D&A For EBITDA	477	394	373	361	350
EBIT	1,528	1,450	1,327	1,283	1,073
EBIT Margin	24.95%	24.51%	23.76%	23.53%	22.49%
Effective Tax Rate	20.68%	21.70%	22.36%	19.51%	21.64%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.