Fortum 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
Operating Revenue	4,989	5,800	6,711	7,774	6,422
Revenue	4,989	5,800	6,711	7,774	6,422
Revenue Growth (YoY)	-13.98%	-13.58%	-13.67%	21.05%	-86.90%
Selling, General & Admin	6	10	12	7	10
Depreciation & Amortization	315	379	359	415	587
Other Operating Expenses	3,744	4,291	4,795	5,742	4,396
Total Operating Expenses	4,065	4,680	5,166	6,164	4,993
Operating Income	924	1,120	1,545	1,610	1,429
Interest Expense	-157	-226	-269	-200	-154
Interest Income	111	234	165	75	25
Net Interest Expense	-46	8	-104	-125	-129
Income (Loss) on Equity Investments	56	19	59	-185	168
Other Non-Operating Income (Expenses)	-13	47	-34	-92	-32
EBT Excluding Unusual Items	921	1,194	1,466	1,208	1,436
Asset Writedown	-25	-17	-	-	-35
Legal Settlements	-	58	-	-	-
Other Unusual Items	40	164	118	356	2,932
Pretax Income	936	1,399	1,584	1,564	4,333
Income Tax Expense	173	239	69	-520	325
Earnings From Continuing Ops.	763	1,160	1,515	2,084	4,008
Earnings From Discontinued Ops.	-	-	-3,583	-4,496	-3,246
Net Income to Company	763	1,160	-2,068	-2,412	762
Minority Interest in Earnings	2	4	-1	-4	-23
Net Income	765	1,164	-2,069	-2,416	739
Net Income to Common	765	1,164	-2,069	-2,416	739
Net Income Growth	-34.28%	-	-	-	-59.46%
Shares Outstanding (Basic)	897	897	897	889	888
Shares Outstanding (Diluted)	897	897	897	889	888
Shares Change (YoY)	-	-	0.91%	0.10%	-
EPS (Basic)	0.85	1.30	-2.31	-2.72	0.83
EPS (Diluted)	0.85	1.30	-2.31	-2.72	0.83
EPS Growth	-34.28%	-	-	-	-59.42%
Free Cash Flow	341	920	1,243	-9,246	4,500
Free Cash Flow Per Share	0.38	1.02	1.39	-10.40	5.07
Dividend Per Share	0.740	0.900	1.150	0.910	1.140
Dividend Growth	-17.78%	-21.74%	26.37%	-20.18%	1.79%
Profit Margin	15.33%	20.07%	-30.83%	-31.08%	11.51%
Free Cash Flow Margin	6.83%	15.86%	18.52%	-118.93%	70.07%
EBITDA	1,221	1,476	1,904	2,025	2,016
EBITDA Margin	24.47%	25.45%	28.37%	26.05%	31.39%
D&A For EBITDA	297	356	359	415	587
EBIT	924	1,120	1,545	1,610	1,429
EBIT Margin	18.52%	19.31%	23.02%	20.71%	22.25%
Effective Tax Rate	18.48%	17.08%	4.36%	-	7.50%

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