Softcat Income Statement

Financials in millions GBP. Fiscal year is August - July.

Millions GBP. Fiscal year is Aug - Jul.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan '26 Jan 31, 2026	Jul '25 Jul 31, 2025	Jul '24 Jul 31, 2024	Jul '23 Jul 31, 2023	Jul '22 Jul 31, 2022	Jul '21 Jul 31, 2021
Revenue	1,750	1,458	962.63	985.3	1,078	784.05
Revenue Growth (YoY)	68.13%	51.50%	-2.30%	-8.60%	37.48%	-27.21%
Cost of Revenue	1,206	964.13	544.88	611.47	750.74	507.69
Gross Profit	543.93	494.28	417.75	373.83	327.21	276.36
Selling, General & Admin	340.14	310.6	262.13	231.41	190.51	156.65
Amortization of Goodwill & Intangibles	3.55	3.55	1.56	1.53	0.56	0.3
Operating Expenses	343.69	314.15	263.69	232.94	191.07	156.94
Operating Income	200.25	180.13	154.06	140.9	136.15	119.42
Interest Expense	-2.41	-2.05	-0.44	-0.21	-0.25	-0.48
Interest & Investment Income	7.63	7.35	5.78	1.17	0.25	0.03
EBT Excluding Unusual Items	205.46	185.43	159.4	141.86	136.14	118.97
Merger & Restructuring Charges	-0.72	-0.72	-	-	-	-
Other Unusual Items	-15.05	-6.51	-	-	-	-
Pretax Income	189.69	178.2	159.4	141.86	136.14	118.97
Income Tax Expense	48.6	45.19	40.36	29.84	25.74	22.78
Net Income	141.09	133.01	119.04	112.03	110.41	96.19
Net Income to Common	141.09	133.01	119.04	112.03	110.41	96.19
Net Income Growth	12.53%	11.73%	6.26%	1.47%	14.78%	27.12%
Shares Outstanding (Basic)	200	200	199	199	199	199
Shares Outstanding (Diluted)	201	201	201	200	200	199
Shares Change (YoY)	0.18%	0.17%	0.18%	0.26%	0.10%	0.15%
EPS (Basic)	0.71	0.67	0.60	0.56	0.55	0.48
EPS (Diluted)	0.70	0.66	0.59	0.56	0.55	0.48
EPS Growth	12.16%	11.45%	6.07%	1.27%	14.73%	26.84%
Free Cash Flow	185.09	128.93	114.49	102.26	81.75	88.99
Free Cash Flow Per Share	0.92	0.64	0.57	0.51	0.41	0.45
Dividend Per Share	0.303	0.293	0.266	0.250	0.239	0.208
Dividend Growth	12.22%	10.15%	6.40%	4.60%	14.90%	25.30%
Gross Margin	31.08%	33.89%	43.40%	37.94%	30.35%	35.25%
Operating Margin	11.44%	12.35%	16.00%	14.30%	12.63%	15.23%
Profit Margin	8.06%	9.12%	12.37%	11.37%	10.24%	12.27%
Free Cash Flow Margin	10.57%	8.84%	11.89%	10.38%	7.58%	11.35%
EBITDA	205.02	183.46	156.7	143.36	138.52	121.75
EBITDA Margin	11.71%	12.58%	16.28%	14.55%	12.85%	15.53%
D&A For EBITDA	4.77	3.33	2.63	2.47	2.37	2.33
EBIT	200.25	180.13	154.06	140.9	136.15	119.42
EBIT Margin	11.44%	12.35%	16.00%	14.30%	12.63%	15.23%
Effective Tax Rate	25.62%	25.36%	25.32%	21.03%	18.91%	19.15%

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