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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	261.1	210.75	176.36
Revenue Growth	23.89%	19.50%	-
Cost of Revenue	45.2	39.12	30.91
Gross Profit	215.9	171.63	145.45
Selling, General & Admin	130.5	107.29	94.74
Research & Development	67.8	58	50.03
Other Operating Expenses	1.6	2.54	1.3
Total Operating Expenses	199.9	167.83	146.07
Operating Income	16	3.81	-0.62
Interest Income	1.9	3.49	2.46
Interest Expense	-3.8	-2.12	-3.78
Total Non-Operating Income (Expense)	-1.9	1.38	-1.33
Pretax Income	14.1	5.18	-1.94
Provision for Income Taxes	6.3	-1.05	-9.05
Net Income	7.8	6.23	7.11
Net Income to Common	7.8	6.23	7.11
Net Income Growth	25.12%	-12.31%	-
Shares Outstanding (Basic)	409	416	418
Shares Outstanding (Diluted)	434	442	440
Shares Change	-1.93%	0.57%	-
EPS (Basic)	0.02	0.01	0.02
EPS (Diluted)	0.02	0.01	0.02
EPS Growth	28.57%	-12.50%	-

Additional Metrics

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Free Cash Flow	58.62	26.53	20.55
Free Cash Flow Growth	120.95%	29.09%	-
Free Cash Flow Per Share	0.14	0.06	0.05
Gross Margin	82.69%	81.44%	82.47%
Operating Margin	6.13%	1.81%	-0.35%
Profit Margin	2.99%	2.96%	4.03%
FCF Margin	22.45%	12.59%	11.65%
EBITDA	28.19	14.71	8.36
EBITDA Margin	10.80%	6.98%	4.74%
EBIT	16	3.81	-0.62
EBIT Margin	6.13%	1.81%	-0.35%
Effective Tax Rate	44.68%	-20.30%	465.69%