Elisa Oyj 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	2,257	2,192	2,181	2,130	1,998
Revenue Growth (YoY)	2.99%	0.50%	2.40%	6.59%	5.45%
Cost of Revenue	1,264	1,217	1,235	1,216	1,137
Gross Profit	993.4	974.3	945.5	913.9	860.5
Other Operating Expenses	232.1	208.1	194.2	180.2	164.9
Operating Expenses	530.5	487.3	468.3	443.6	431.5
Operating Income	462.9	487	477.2	470.3	429
Interest Expense	-44.7	-40.8	-29.8	-15.9	-13
Interest & Investment Income	5.6	5.6	5.2	2.6	2.5
Earnings From Equity Investments	-1.1	-1.2	-0.4	-0.7	-0.5
Currency Exchange Gain (Loss)	-1.8	0.8	0.2	0.6	1.4
Other Non Operating Income (Expenses)	0.7	-	1.2	-0.3	-2.8
EBT Excluding Unusual Items	421.6	451.4	453.6	456.6	416.6
Merger & Restructuring Charges	-0.3	-1.5	-	-0.6	-0.2
Gain (Loss) on Sale of Investments	0.1	-4.2	-0.2	-0.2	-
Gain (Loss) on Sale of Assets	3.4	2.2	4.7	0.2	1.9
Pretax Income	424.8	447.9	458.1	456	418.3
Income Tax Expense	83	91.5	84.1	83.2	74.9
Earnings From Continuing Operations	341.8	356.4	374	372.8	343.4
Minority Interest in Earnings	0.2	2	1.2	1.3	0.2
Net Income	342	358.4	375.2	374.1	343.6
Net Income to Common	342	358.4	375.2	374.1	343.6
Net Income Growth	-4.58%	-4.48%	0.29%	8.88%	4.76%
Shares Outstanding (Basic)	161	161	160	160	160
Shares Outstanding (Diluted)	161	161	161	160	160
Shares Change (YoY)	-0.01%	0.09%	0.07%	0.15%	0.07%
EPS (Basic)	2.13	2.23	2.34	2.33	2.15
EPS (Diluted)	2.13	2.23	2.34	2.33	2.15
EPS Growth	-4.48%	-4.68%	0.41%	8.62%	4.69%
Free Cash Flow	409.6	344.2	343.1	320.9	336.9
Free Cash Flow Per Share	2.55	2.14	2.14	2.00	2.10
Dividend Per Share	2.400	2.350	2.250	2.150	2.050
Dividend Growth	2.13%	4.44%	4.65%	4.88%	5.13%
Gross Margin	44.01%	44.46%	43.36%	42.92%	43.07%
Operating Margin	20.51%	22.22%	21.88%	22.09%	21.47%
Profit Margin	15.15%	16.35%	17.21%	17.57%	17.20%
Free Cash Flow Margin	18.15%	15.71%	15.73%	15.07%	16.86%
EBITDA	713.4	727.8	745.7	709.3	673.8
EBITDA Margin	31.61%	33.21%	34.20%	33.31%	33.73%
D&A For EBITDA	250.5	240.8	268.5	239	244.8
EBIT	462.9	487	477.2	470.3	429
EBIT Margin	20.51%	22.22%	21.88%	22.09%	21.47%
Effective Tax Rate	19.54%	20.43%	18.36%	18.25%	17.91%

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