Trustpilot Group 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	261.05	210.75	176.36	148.93	131.44
Revenue Growth (YoY)	23.87%	19.50%	18.42%	13.30%	28.88%
Cost of Revenue	45.18	39.12	30.91	26.94	24.65
Gross Profit	215.87	171.63	145.45	122	106.79
Selling, General & Admin	198.25	164.84	144.77	137.61	121.62
Other Operating Expenses	-0.5	-0.14	-0.39	-0.82	-0.58
Operating Expenses	199.89	167.37	146.07	137.98	121.04
Operating Income	15.98	4.26	-0.62	-15.99	-14.25
Interest Expense	-1.96	-2.08	-2.38	-1.5	-2.34
Interest & Investment Income	0.28	0.35	1.03	0.01	0.01
Currency Exchange Gain (Loss)	-1.74	0.31	-1.37	2.45	-0.07
Other Non Operating Income (Expenses)	1.54	2.79	1.39	-0.02	-0.06
EBT Excluding Unusual Items	14.09	5.64	-1.94	-15.04	-16.71
Asset Writedown	-	-0.45	-	-0.01	-0.12
Other Unusual Items	-	-	-	-	-9.79
Pretax Income	14.09	5.18	-1.94	-15.05	-26.61
Income Tax Expense	6.33	-1.05	-9.05	-0.4	-0.72
Net Income	7.76	6.23	7.11	-14.64	-25.89
Net Income to Common	7.76	6.23	7.11	-14.64	-25.89
Net Income Growth	24.45%	-12.31%	-	-	-
Shares Outstanding (Basic)	409	416	418	415	401
Shares Outstanding (Diluted)	434	442	440	415	401
Shares Change (YoY)	-1.93%	0.57%	5.94%	3.40%	9.17%
EPS (Basic)	0.02	0.01	0.02	-0.04	-0.06
EPS (Diluted)	0.02	0.01	0.02	-0.04	-0.07
EPS Growth	28.57%	-12.50%	-	-	-
Free Cash Flow	58.62	26.53	20.55	-6.4	-5.88
Free Cash Flow Per Share	0.14	0.06	0.05	-0.01	-0.01
Gross Margin	82.69%	81.44%	82.47%	81.91%	81.24%
Operating Margin	6.12%	2.02%	-0.35%	-10.73%	-10.84%
Profit Margin	2.97%	2.96%	4.03%	-9.83%	-19.70%
Free Cash Flow Margin	22.45%	12.59%	11.65%	-4.30%	-4.47%
EBITDA	28.17	5.47	0.96	-14.89	-13.31
EBITDA Margin	10.79%	2.59%	0.54%	-10.00%	-10.13%
D&A For EBITDA	12.19	1.21	1.57	1.09	0.94
EBIT	15.98	4.26	-0.62	-15.99	-14.25
EBIT Margin	6.12%	2.02%	-0.35%	-10.73%	-10.84%
Effective Tax Rate	44.94%	-	-	-	-

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