Greggs Income Statement

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 27, 2025	Dec '24 Dec 28, 2024	Dec '23 Dec 30, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Revenue	2,151	2,014	1,810	1,513	1,230
Revenue Growth (YoY)	6.79%	11.32%	19.62%	23.02%	51.57%
Cost of Revenue	829.1	770.8	710.5	574.5	447.7
Gross Profit	1,322	1,244	1,099	938.3	782
Selling, General & Admin	1,135	1,043	923.2	782.7	632.4
Operating Expenses	1,135	1,043	923.2	782.7	632.4
Operating Income	187.5	200.7	175.9	155.6	149.6
Interest Expense	-17.4	-13.9	-10.3	-7.5	-7.4
Interest & Investment Income	1.8	8.1	6.1	1.3	-
Currency Exchange Gain (Loss)	-	-0.1	-0.1	0.1	-0.1
EBT Excluding Unusual Items	171.9	194.8	171.6	149.5	142.1
Merger & Restructuring Charges	-	0.3	-	-	-
Gain (Loss) on Sale of Assets	-	13.8	-	-	-
Asset Writedown	-	-5	-3.9	-1.2	3.5
Other Unusual Items	-4.5	-	0.3	-	-
Pretax Income	167.4	203.9	188.3	148.3	145.6
Income Tax Expense	45.2	50.5	45.8	28	28.1
Net Income	122.2	153.4	142.5	120.3	117.5
Net Income to Common	122.2	153.4	142.5	120.3	117.5
Net Income Growth	-20.34%	7.65%	18.45%	2.38%	-
Shares Outstanding (Basic)	102	102	101	101	101
Shares Outstanding (Diluted)	102	103	102	102	103
Shares Change (YoY)	-0.07%	0.26%	-0.04%	-0.40%	1.77%
EPS (Basic)	1.20	1.51	1.41	1.19	1.16
EPS (Diluted)	1.19	1.50	1.39	1.17	1.14
EPS Growth	-20.25%	7.47%	18.47%	2.80%	-
Free Cash Flow	73.7	80.9	121.3	151.5	235
Free Cash Flow Per Share	0.72	0.79	1.19	1.48	2.29
Dividend Per Share	0.690	0.690	0.620	0.590	0.570
Dividend Growth	-	11.29%	5.08%	3.51%	-
Gross Margin	61.46%	61.74%	60.74%	62.02%	63.59%
Operating Margin	8.72%	9.96%	9.72%	10.29%	12.17%
Profit Margin	5.68%	7.61%	7.88%	7.95%	9.55%
Free Cash Flow Margin	3.43%	4.02%	6.70%	10.02%	19.11%
EBITDA	278.2	277.3	242.5	213.6	203.8
EBITDA Margin	12.93%	13.77%	13.40%	14.12%	16.57%
D&A For EBITDA	90.7	76.6	66.6	58	54.2
EBIT	187.5	200.7	175.9	155.6	149.6
EBIT Margin	8.72%	9.96%	9.72%	10.29%	12.17%
Effective Tax Rate	27.00%	24.77%	24.32%	18.88%	19.30%

Updated Dec 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.