Lenovo Group Income Statement

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	83,075	69,077	56,864	61,947	71,618
Revenue Growth (YoY)	20.26%	21.48%	-8.21%	-13.50%	17.90%
Cost of Revenue	70,265	57,979	47,061	51,446	59,569
Gross Profit	12,809	11,098	9,803	10,501	12,049
Selling, General & Admin	7,141	6,407	5,801	5,586	6,691
Research & Development	2,490	2,288	2,028	2,195	2,073
Other Operating Expenses	-84.11	395.37	-15.9	275.39	313.68
Operating Expenses	9,548	9,091	7,812	8,057	9,078
Operating Income	3,262	2,007	1,991	2,444	2,971
Interest Expense	-314.09	-293.6	-275.2	-316.11	-258.55
Interest & Investment Income	110.93	109.96	144.07	124.73	56.46
Earnings From Equity Investments	-14.66	-19.98	-25.66	-16.8	-6.91
Currency Exchange Gain (Loss)	-	160.85	18.44	241.54	111.52
Other Non Operating Income (Expenses)	-374.01	-479.67	-487.6	-341.59	-103.83
EBT Excluding Unusual Items	2,670	1,484	1,365	2,136	2,770
Merger & Restructuring Charges	-	-	-	-10.78	-
Gain (Loss) on Sale of Assets	-	-3.6	-3.48	-6.2	-2.27
Other Unusual Items	-	-	4.06	16.94	-
Pretax Income	2,670	1,481	1,365	2,136	2,768
Income Tax Expense	510	18.92	263.14	455.16	622.4
Earnings From Continuing Operations	2,160	1,462	1,102	1,681	2,145
Minority Interest in Earnings	-247.96	-77.51	-91.81	-73.11	-115.51
Net Income	1,912	1,384	1,011	1,608	2,030
Net Income to Common	1,912	1,384	1,011	1,608	2,030
Net Income Growth	38.10%	37.00%	-37.15%	-20.79%	67.64%
Shares Outstanding (Basic)	12,230	12,254	12,022	11,909	11,629
Shares Outstanding (Diluted)	14,732	13,592	12,994	12,970	13,082
Shares Change (YoY)	8.39%	4.60%	0.19%	-0.86%	-0.31%
EPS (Basic)	0.16	0.11	0.08	0.14	0.17
EPS (Diluted)	0.14	0.11	0.08	0.13	0.16
EPS Growth	31.00%	31.85%	-36.79%	-19.24%	77.08%
Free Cash Flow	2,762	433.34	1,281	1,684	3,079
Free Cash Flow Per Share	0.19	0.03	0.10	0.13	0.23
Dividend Per Share	0.054	0.050	0.049	0.048	0.049
Dividend Growth	7.38%	3.23%	0.31%	-0.23%	23.28%
Gross Margin	15.42%	16.07%	17.24%	16.95%	16.82%
Operating Margin	3.93%	2.90%	3.50%	3.95%	4.15%
Profit Margin	2.30%	2.00%	1.78%	2.60%	2.83%
Free Cash Flow Margin	3.32%	0.63%	2.25%	2.72%	4.30%
EBITDA	4,351	3,060	3,025	3,409	3,881
EBITDA Margin	5.24%	4.43%	5.32%	5.50%	5.42%
D&A For EBITDA	1,089	1,053	1,034	964.37	909.33
EBIT	3,262	2,007	1,991	2,444	2,971
EBIT Margin	3.93%	2.90%	3.50%	3.95%	4.15%
Effective Tax Rate	19.10%	1.28%	19.27%	21.31%	22.49%
Advertising Expenses	1,192	1,070	877.96	845.83	1,131

Source: S&P Global Market Intelligence. Standard template. Financial Sources.