Fortum Oyj (HEL:FORTUM)

Revenue Breakdown

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
Generation Revenue	3.43B	3.08B	3.49B
Generation Revenue Growth	11.58%	-11.84%	-13.36%
Consumer Solutions Revenue	3.36B	3.02B	3.07B
Consumer Solutions Revenue Growth	11.22%	-1.53%	-18.08%
Other Operations Revenue	21.00M	29.00M	439.00M
Other Operations Revenue Growth	-27.59%	-93.39%	-2.23%
Netting of Nord Pool Transactions Revenue	-1.48B	-1.14B	-1.20B
Revenue (Other)	26.00M	24.00M	49.00M
Revenue (Total)	5.36B	5.01B	5.85B
Revenue (Total) Growth	6.96%	-14.28%	-13.27%

Revenue by Geography

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
Nordics Revenue	-	3.35B	4.08B
Nordics Revenue Growth	-	-18.09%	-17.61%
Poland Revenue	-	1.48B	1.47B
Poland Revenue Growth	-	0.75%	2.50%
Other Countries Revenue	-	160.00M	242.00M
Other Countries Revenue Growth	-	-33.88%	-23.42%
Revenue (Total)	5.36B	5.01B	5.85B
Revenue (Total) Growth	6.96%	-14.28%	-13.27%

Revenue Breakdown 2

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
Power Revenue	5.78B	5.25B	5.87B
Power Revenue Growth	10.17%	-10.63%	-17.48%
Heat Revenue	573.00M	533.00M	527.00M
Heat Revenue Growth	7.51%	1.14%	2.93%
Gas Revenue	368.00M	387.00M	386.00M
Gas Revenue Growth	-4.91%	0.26%	-8.53%
Other Segment Revenue	282.00M	292.00M	679.00M
Other Segment Revenue Growth	-3.43%	-57.00%	-0.73%
Eliminations from Revenue	-192.00M	-336.00M	-469.00M
Netting of Nord Pool Transactions Revenue	-1.48B	-1.14B	-1.20B
Revenue (Total)	5.36B	5.01B	5.85B
Revenue (Total) Growth	6.96%	-14.28%	-13.27%

Adjusted EBITDA

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
Generation Comparable EBITDA	1.17B	1.10B	1.42B
Generation Comparable EBITDA Growth	6.56%	-22.73%	-24.17%
Consumer Solutions Comparable EBITDA	212.00M	213.00M	161.00M
Consumer Solutions Comparable EBITDA Growth	-0.47%	32.30%	49.07%
Other Operations Comparable EBITDA	-80.00M	-71.00M	-26.00M
Operating Income (Other)	-297.00M	-301.00M	-231.00M
Operating Income (Total)	1.01B	939.00M	1.33B
Operating Income (Total) Growth	7.03%	-29.13%	-20.28%

EBIT

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
Generation Operating Profit	991.00M	912.00M	1.10B
Generation Operating Profit Growth	8.66%	-17.32%	-46.40%
Consumer Solutions Operating Profit	122.00M	127.00M	122.00M
Consumer Solutions Operating Profit Growth	-3.94%	4.10%	-
Other Operations Operating Profit	-107.00M	-100.00M	100.00M
Operating Income (Other)	-1.00M	-	-
Operating Income (Total)	1.01B	939.00M	1.33B
Operating Income (Total) Growth	7.03%	-29.13%	-20.28%

Capital Expenditures

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
Generation Capital Expenditure	403.00M	438.00M	355.00M
Generation Capital Expenditure Growth	-7.99%	23.38%	-21.11%
Consumer Solutions Capital Expenditure	59.00M	58.00M	71.00M
Consumer Solutions Capital Expenditure Growth	1.72%	-18.31%	-12.35%
Other Operations Capital Expenditure	-	4.00M	57.00M
Other Operations Capital Expenditure Growth	-	-92.98%	-29.63%

Key Performance Indicators

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
Electricity - Sales Volume (TWh)	34.30	33.70	34.40
Electricity - Sales Volume (TWh) Growth	1.78%	-2.04%	4.24%
Gas - Sales Volume (TWh)	7.70	7.60	6.90
Gas - Sales Volume (TWh) Growth	1.32%	10.14%	32.69%
Electricity - Number of Customers	2.24M	2.25M	2.22M
Electricity - Number of Customers Growth	-0.44%	1.35%	-3.06%
E-mobility - Number of Customers	40.00K	30.00K	40.00K
E-mobility - Number of Customers Growth	33.33%	-25.00%	-33.33%
Gas - Number of Customers	40.00K	40.00K	40.00K
Total Number of Customer	2.31M	2.32M	2.30M
Total Number of Customer Growth	-0.43%	0.87%	-3.36%
Power Generation (TWh)	43.00	42.30	46.20
Power Generation (TWh) Growth	1.65%	-8.44%	-1.70%
Heat Production (TWh)	3.70	3.20	4.10
Heat Production (TWh) Growth	15.63%	-21.95%	-4.65%
Power Generation - Capacity (MW)	9.30K	9.30K	9.29K
Power Generation - Capacity (MW) Growth	-	0.11%	0.41%
Heat Production - Capacity (MW)	2.06K	2.06K	1.84K
Heat Production - Capacity (MW) Growth	-	11.83%	-16.00%

Data Source: Fiscal.ai Last updated: Mar 31, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 16, 2026

Data Sources Report a data error