LON:0LER Income Statement

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

Millions USD. 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	17,258	16,544	15,846	14,925	15,878
Revenue Growth (YoY)	4.32%	4.41%	6.17%	-6.00%	-4.69%
Cost of Revenue	8,320	8,481	8,200	7,952	8,284
Gross Profit	8,938	8,063	7,646	6,973	7,594
Selling, General & Admin	3,973	3,702	3,498	3,445	3,528
Research & Development	1,013	998	953	838	967
Other Operating Expenses	1,068	-9	15	28	20
Operating Expenses	6,054	4,691	4,466	4,311	4,515
Operating Income	2,884	3,372	3,180	2,662	3,079
Interest Expense	-934	-1,002	-1,029	-930	-891
Interest & Investment Income	-	86	68	10	-
Earnings From Equity Investments	15	1	2	21	9
Currency Exchange Gain (Loss)	-	-17	-30	16	-7
Other Non Operating Income (Expenses)	-2	-48	-66	-62	-69
EBT Excluding Unusual Items	1,963	2,392	2,125	1,717	2,121
Merger & Restructuring Charges	-	-74	-111	-146	-133
Impairment of Goodwill	-	-1,280	-700	-2,045	-
Gain (Loss) on Sale of Investments	-	-	-	-	-90
Gain (Loss) on Sale of Assets	-	17	28	64	58
Asset Writedown	-259	-1,275	-378	-402	-584
Legal Settlements	-467	-760	-1,038	-2,069	-698
Other Unusual Items	-	-303	-548	-261	-7
Pretax Income	1,237	-1,283	-622	-3,142	667
Income Tax Expense	-180	676	-7	-643	211
Earnings From Continuing Operations	1,417	-1,959	-615	-2,499	456
Minority Interest in Earnings	-7	320	56	53	-39
Net Income	1,410	-1,639	-559	-2,446	417
Net Income to Common	1,410	-1,639	-559	-2,446	417
Shares Outstanding (Basic)	1,145	1,131	1,119	1,110	1,102
Shares Outstanding (Diluted)	1,163	1,131	1,119	1,110	1,107
Shares Change (YoY)	2.83%	1.07%	0.81%	0.27%	1.10%
EPS (Basic)	1.23	-1.45	-0.50	-2.20	0.38
EPS (Diluted)	1.21	-1.45	-0.50	-2.20	0.38
Free Cash Flow	1,148	749	842	1,042	236
Free Cash Flow Per Share	0.99	0.66	0.75	0.94	0.21
Gross Margin	51.79%	48.74%	48.25%	46.72%	47.83%
Operating Margin	16.71%	20.38%	20.07%	17.84%	19.39%
Profit Margin	8.17%	-9.91%	-3.53%	-16.39%	2.63%
Free Cash Flow Margin	6.65%	4.53%	5.31%	6.98%	1.49%
EBITDA	3,886	4,431	4,333	3,970	4,409
EBITDA Margin	22.52%	26.78%	27.34%	26.60%	27.77%
D&A For EBITDA	1,002	1,059	1,153	1,308	1,330
EBIT	2,884	3,372	3,180	2,662	3,079
EBIT Margin	16.71%	20.38%	20.07%	17.84%	19.39%
Effective Tax Rate	-	-	-	-	31.63%
Advertising Expenses	-	-	-	-	246

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