WH Smith Income Statement

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

Millions GBP. Fiscal year is Sep - Aug.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '25 Aug 31, 2025	Aug '24 Aug 31, 2024	Aug '23 Aug 31, 2023	Aug '22 Aug 31, 2022	Aug '21 Aug 31, 2021
Revenue	1,553	1,473	1,793	1,400	886
Revenue Growth (YoY)	5.43%	-17.85%	28.07%	58.01%	-13.22%
Cost of Revenue	664	621	682	538	358
Gross Profit	889	852	1,111	862	528
Selling, General & Admin	746	707	943	747	557
Other Operating Expenses	-5	-9	-14	-4	-1
Operating Expenses	741	698	929	743	556
Operating Income	148	154	182	119	-28
Interest Expense	-46	-48	-45	-34	-24
Other Non Operating Income (Expenses)	-3	-3	-3	-3	-3
EBT Excluding Unusual Items	99	103	134	82	-55
Merger & Restructuring Charges	-26	-11	-	-	-11
Asset Writedown	-53	-22	-19	-15	-49
Other Unusual Items	-18	-5	-5	-4	-1
Pretax Income	2	65	110	63	-116
Income Tax Expense	26	22	22	10	-36
Earnings From Continuing Operations	-24	43	88	53	-80
Earnings From Discontinued Operations	-113	17	-	-	-
Net Income to Company	-137	60	88	53	-80
Minority Interest in Earnings	-7	-6	-9	-6	-2
Net Income	-144	54	79	47	-82
Net Income to Common	-144	54	79	47	-82
Net Income Growth	-	-31.65%	68.08%	-	-
Shares Outstanding (Basic)	127	129	130	130	131
Shares Outstanding (Diluted)	127	131	132	132	131
Shares Change (YoY)	-3.05%	-0.76%	-	0.76%	9.17%
EPS (Basic)	-1.13	0.42	0.61	0.36	-0.63
EPS (Diluted)	-1.13	0.41	0.60	0.36	-0.63
EPS Growth	-	-31.14%	67.98%	-	-
Free Cash Flow	199	169	145	117	63
Free Cash Flow Per Share	1.57	1.29	1.10	0.89	0.48
Dividend Per Share	0.173	0.336	0.289	0.091	-
Dividend Growth	-48.51%	16.26%	217.58%	-	-
Gross Margin	57.24%	57.84%	61.96%	61.57%	59.59%
Operating Margin	9.53%	10.46%	10.15%	8.50%	-3.16%
Profit Margin	-9.27%	3.67%	4.41%	3.36%	-9.25%
Free Cash Flow Margin	12.81%	11.47%	8.09%	8.36%	7.11%
EBITDA	192	189	227	159	11
EBITDA Margin	12.36%	12.83%	12.66%	11.36%	1.24%
D&A For EBITDA	44	35	45	40	39
EBIT	148	154	182	119	-28
EBIT Margin	9.53%	10.46%	10.15%	8.50%	-3.16%
Effective Tax Rate	1300.00%	33.85%	20.00%	15.87%	-

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