Glencore 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	247,535	230,944	217,829	255,984	203,751
Revenue Growth (YoY)	7.18%	6.02%	-14.90%	25.64%	43.15%
Cost of Revenue	241,672	224,294	207,046	228,467	191,370
Gross Profit	5,863	6,650	10,783	27,517	12,381
Selling, General & Admin	2,378	2,023	2,105	2,430	2,115
Other Operating Expenses	1,339	2,452	2,463	3,593	1,838
Total Operating Expenses	3,717	4,475	4,568	6,023	3,953
Operating Income	2,146	2,175	6,215	21,494	8,428
Interest Income	1,840	2,011	1,958	2,780	2,849
Interest Expense	-3,246	-2,921	-2,515	-1,771	-1,348
Other Non-Operating Income (Expense)	-419	-2,263	-241	376	-2,554
Total Non-Operating Income (Expense)	-1,825	-3,173	-798	1,385	-1,053
Pretax Income	321	-998	5,417	22,879	7,375
Provision for Income Taxes	201	1,696	2,207	6,368	3,026
Net Income	363	-1,634	4,280	17,320	4,974
Minority Interest in Earnings	-243	-1,060	-1,070	-809	-625
Net Income to Common	363	-1,634	4,280	17,320	4,974
Net Income Growth	-	-	-75.29%	248.21%	-
Shares Outstanding (Basic)	11,930	12,152	12,426	13,042	13,204
Shares Outstanding (Diluted)	12,061	12,272	12,538	13,141	13,337
Shares Change (YoY)	-1.72%	-2.12%	-4.59%	-1.47%	0.91%
EPS (Basic)	0.03	-0.13	0.34	1.33	0.38
EPS (Diluted)	0.03	-0.13	0.34	1.32	0.37
EPS Growth	-	-	-74.24%	256.76%	-
Shares Outstanding	11,705	12,157	12,173	12,765	13,097
Free Cash Flow	-290	4,444	6,552	9,482	5,242
Free Cash Flow Growth	-	-32.17%	-30.90%	80.88%	-
Free Cash Flow Per Share	-0.02	0.36	0.52	0.72	0.39
Dividends Per Share	0.170	0.100	0.130	0.440	0.260
Dividend Growth	70.00%	-23.08%	-70.45%	69.23%	116.67%
Gross Margin	2.37%	2.88%	4.95%	10.75%	6.08%
Operating Margin	0.87%	0.94%	2.85%	8.40%	4.14%
Profit Margin	0.05%	-1.17%	1.47%	6.45%	2.13%
FCF Margin	-0.12%	1.92%	3.01%	3.70%	2.57%
EBITDA	8,918	8,773	12,196	28,481	14,763
EBITDA Margin	3.60%	3.80%	5.60%	11.13%	7.25%
EBIT	2,146	2,175	6,215	21,494	8,428
EBIT Margin	0.87%	0.94%	2.85%	8.40%	4.14%
Effective Tax Rate	62.62%	-169.94%	40.74%	27.83%	41.03%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.