F-Secure 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	145.74	146.26	130.37	111.02	106.25
Revenue Growth (YoY)	-0.36%	12.19%	17.43%	4.49%	-51.75%
Cost of Revenue	22.35	20.24	11.81	9.34	8.81
Gross Profit	123.39	126.02	118.56	101.68	97.44
Selling, General & Admin	57.77	57.63	54.44	47.55	37.58
Research & Development	30.93	29.28	27.5	16.43	16.89
Other Operating Expenses	-0.77	-0.75	-0.83	-0.89	-0.52
Operating Expenses	87.93	86.16	81.11	63.09	53.95
Operating Income	35.46	39.86	37.45	38.58	43.5
Interest Expense	-9.29	-11.44	-7.27	-0.08	-0.03
Interest & Investment Income	1.3	0.84	0.74	0.18	0.01
Currency Exchange Gain (Loss)	-	-0.24	4.97	-0.15	0.09
Other Non Operating Income (Expenses)	0	-0.57	-0.26	-0.16	0
EBT Excluding Unusual Items	27.47	28.45	35.63	38.37	43.57
Merger & Restructuring Charges	0.08	-1.44	-7.96	-	-
Gain (Loss) on Sale of Assets	-	-	-	0.19	-
Pretax Income	27.55	27.01	27.68	38.56	43.57
Income Tax Expense	5.18	5.94	5.32	8.4	9.15
Net Income	22.37	21.07	22.36	30.15	34.42
Net Income to Common	22.37	21.07	22.36	30.15	34.42
Net Income Growth	6.19%	-5.78%	-25.85%	-12.39%	167.32%
Shares Outstanding (Basic)	172	175	175	175	175
Shares Outstanding (Diluted)	172	175	175	175	175
Shares Change (YoY)	-1.63%	0.16%	0.07%	-	9.90%
EPS (Basic)	0.13	0.12	0.13	0.17	0.20
EPS (Diluted)	0.13	0.12	0.13	0.17	0.20
EPS Growth	8.33%	-6.27%	-25.90%	-12.39%	146.51%
Free Cash Flow	30.79	27.71	22.19	31.75	34.46
Free Cash Flow Per Share	0.18	0.16	0.13	0.18	0.20
Dividend Per Share	0.040	0.040	0.070	0.070	-
Dividend Growth	-	-42.86%	-	-	-
Gross Margin	84.67%	86.16%	90.94%	91.59%	91.71%
Operating Margin	24.33%	27.25%	28.73%	34.75%	40.94%
Profit Margin	15.35%	14.40%	17.15%	27.16%	32.39%
Free Cash Flow Margin	21.13%	18.95%	17.02%	28.60%	32.43%
EBITDA	51.91	49.74	42.41	38.64	43.51
EBITDA Margin	35.62%	34.01%	32.53%	34.80%	40.95%
D&A For EBITDA	16.44	9.88	4.96	0.06	0.01
EBIT	35.46	39.86	37.45	38.58	43.5
EBIT Margin	24.33%	27.25%	28.73%	34.75%	40.94%
Effective Tax Rate	18.80%	22.01%	19.21%	21.79%	21.00%

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