Elisa Oyj (HEL:ELISA)

Elisa Oyj Income Statement

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	2,250	2,257	2,192	2,181	2,130	1,998
Revenue Growth (YoY)	1.67%	2.99%	0.50%	2.40%	6.59%	5.45%
Cost of Revenue	1,248	1,264	1,217	1,235	1,216	1,137
Gross Profit	1,002	993.4	974.3	945.5	913.9	860.5
Other Operating Expenses	236.3	232.1	208.1	194.2	180.2	164.9
Operating Expenses	536.8	530.5	487.3	468.3	443.6	431.5
Operating Income	465.3	462.9	487	477.2	470.3	429
Interest Expense	-45.6	-44.7	-40.8	-29.8	-15.9	-13
Interest & Investment Income	6	5.6	5.6	5.2	2.6	2.5
Earnings From Equity Investments	-1.2	-1.1	-1.2	-0.4	-0.7	-0.5
Currency Exchange Gain (Loss)	-1.8	-1.8	0.8	0.2	0.6	1.4
Other Non Operating Income (Expenses)	0.6	0.7	-	1.2	-0.3	-2.8
EBT Excluding Unusual Items	423.3	421.6	451.4	453.6	456.6	416.6
Merger & Restructuring Charges	-0.3	-0.3	-1.5	-	-0.6	-0.2
Gain (Loss) on Sale of Investments	0.1	0.1	-4.2	-0.2	-0.2	-
Gain (Loss) on Sale of Assets	3.4	3.4	2.2	4.7	0.2	1.9
Pretax Income	426.5	424.8	447.9	458.1	456	418.3
Income Tax Expense	83.2	83	91.5	84.1	83.2	74.9
Earnings From Continuing Operations	343.3	341.8	356.4	374	372.8	343.4
Minority Interest in Earnings	0.1	0.2	2	1.2	1.3	0.2
Net Income	343.4	342	358.4	375.2	374.1	343.6
Net Income to Common	343.4	342	358.4	375.2	374.1	343.6
Net Income Growth	-6.05%	-4.58%	-4.48%	0.29%	8.88%	4.76%
Shares Outstanding (Basic)	161	161	161	160	160	160
Shares Outstanding (Diluted)	161	161	161	161	160	160
Shares Change (YoY)	0.00%	-0.01%	0.09%	0.07%	0.15%	0.07%
EPS (Basic)	2.14	2.13	2.23	2.34	2.33	2.15
EPS (Diluted)	2.14	2.13	2.23	2.34	2.33	2.15
EPS Growth	-5.76%	-4.48%	-4.68%	0.41%	8.62%	4.69%
Free Cash Flow	421.7	409.6	344.2	343.1	320.9	336.9
Free Cash Flow Per Share	2.62	2.55	2.14	2.14	2.00	2.10
Dividend Per Share	2.400	2.400	2.350	2.250	2.150	2.050
Dividend Growth	2.13%	2.13%	4.44%	4.65%	4.88%	5.13%
Gross Margin	44.54%	44.01%	44.46%	43.36%	42.92%	43.07%
Operating Margin	20.68%	20.51%	22.22%	21.88%	22.09%	21.47%
Profit Margin	15.26%	15.15%	16.35%	17.21%	17.57%	17.20%
Free Cash Flow Margin	18.75%	18.15%	15.71%	15.73%	15.07%	16.86%
EBITDA	715.9	713.4	727.8	745.7	709.3	673.8
EBITDA Margin	31.82%	31.61%	33.21%	34.20%	33.31%	33.73%
D&A For EBITDA	250.6	250.5	240.8	268.5	239	244.8
EBIT	465.3	462.9	487	477.2	470.3	429
EBIT Margin	20.68%	20.51%	22.22%	21.88%	22.09%	21.47%
Effective Tax Rate	19.51%	19.54%	20.43%	18.36%	18.25%	17.91%

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.