Tesco Income Statement

Financials in millions GBP. Fiscal year is March - February.

Millions GBP. Fiscal year is Mar - Feb.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Feb '26 Feb 28, 2026	Feb '25 Feb 22, 2025	Feb '24 Feb 24, 2024	Feb '23 Feb 25, 2023	Feb '22 Feb 26, 2022
Revenue	73,712	69,916	68,187	65,322	61,344
Revenue Growth (YoY)	5.43%	2.54%	4.39%	6.49%	5.97%
Cost of Revenue	68,174	64,865	63,338	61,961	56,750
Gross Profit	5,538	5,051	4,849	3,361	4,633
Selling, General & Admin	2,553	2,340	2,028	1,951	2,073
Other Operating Expenses	-	-	-	-	-39
Total Operating Expenses	2,553	2,340	2,028	1,951	2,034
Operating Income	2,985	2,711	2,821	1,410	2,560
Interest Income	233	254	267	87	9
Interest Expense	-814	-746	-805	-623	-551
Other Non-Operating Income (Expense)	-1	-4	6	8	15
Total Non-Operating Income (Expense)	-582	-496	-532	-528	-527
Pretax Income	2,403	2,215	2,289	882	2,033
Provision for Income Taxes	616	611	525	224	510
Net Income	1,787	1,626	1,188	737	1,481
Minority Interest in Earnings	-	4	4	-1	2
Earnings From Discontinued Operations	-	1,630	1,192	78	-40
Net Income to Common	1,787	1,626	1,188	737	1,481
Net Income Growth	9.90%	36.87%	61.19%	-50.24%	-75.13%
Shares Outstanding (Basic)	6,507	6,835	7,097	7,415	7,658
Shares Outstanding (Diluted)	6,606	6,918	7,176	7,482	7,746
Shares Change (YoY)	-4.51%	-3.60%	-4.09%	-3.41%	-19.78%
EPS (Basic)	0.28	0.24	0.17	0.10	0.19
EPS (Diluted)	0.27	0.23	0.17	0.10	0.19
EPS Growth	15.32%	41.91%	68.12%	-48.48%	-68.99%
Shares Outstanding	6,507	6,700	6,969	7,415	7,658
Free Cash Flow	2,562	1,675	2,731	2,751	2,808
Free Cash Flow Growth	52.95%	-38.67%	-0.73%	-2.03%	-
Free Cash Flow Per Share	0.39	0.24	0.38	0.37	0.36
Dividends Per Share	0.145	0.137	0.121	0.109	0.109
Dividend Growth	5.84%	13.22%	11.01%	-	-5.95%
Gross Margin	7.51%	7.22%	7.11%	5.15%	7.55%
Operating Margin	4.05%	3.88%	4.14%	2.16%	4.17%
Profit Margin	2.42%	2.29%	2.59%	1.01%	2.48%
FCF Margin	3.48%	2.40%	4.01%	4.21%	4.58%
EBITDA	4,880	4,486	4,544	3,110	4,278
EBITDA Margin	6.62%	6.42%	6.66%	4.76%	6.97%
EBIT	2,985	2,711	2,821	1,410	2,560
EBIT Margin	4.05%	3.88%	4.14%	2.16%	4.17%
Effective Tax Rate	25.63%	27.58%	22.94%	25.40%	25.09%

Updated Apr 14, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.