Safaricom Income Statement

Financials in millions KES. Fiscal year is April - March.

Millions KES. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Operating Revenue	420,992	384,433	345,893	307,142	295,441
Other Revenue	-	799.7	70	1,171	396.1
Revenue	420,992	385,233	345,963	308,313	295,838
Revenue Growth (YoY)	9.28%	11.35%	12.21%	4.22%	12.94%
Cost of Revenue	109,314	103,988	99,124	93,953	92,582
Gross Profit	311,679	281,245	246,839	214,360	203,256
Selling, General & Admin	-	2,536	2,707	1,550	1,829
Amortization of Goodwill & Intangibles	-	10,277	18,086	8,699	2,131
Other Operating Expenses	73,970	74,564	75,860	66,094	49,616
Operating Expenses	151,924	156,325	167,321	127,242	93,727
Operating Income	159,755	124,920	79,518	87,119	109,529
Interest Expense	-19,685	-20,012	-19,228	-11,047	-6,072
Interest & Investment Income	-	2,384	2,468	1,564	1,228
Earnings From Equity Investments	271	-1,178	-1,379	-38.2	-476
Currency Exchange Gain (Loss)	-13,433	-24,155	649	188.7	-2,045
Other Non Operating Income (Expenses)	-	-21.5	30.4	48	5.6
EBT Excluding Unusual Items	126,908	81,938	62,058	77,834	102,169
Gain (Loss) on Sale of Assets	-	23	268.4	34.6	47.1
Asset Writedown	-90	25	-	90	-
Other Unusual Items	-	11,225	22,361	10,387	-2.8
Pretax Income	126,818	93,211	84,687	88,345	102,213
Income Tax Expense	53,142	47,453	42,029	35,862	34,717
Earnings From Continuing Operations	73,676	45,757	42,658	52,483	67,496
Minority Interest in Earnings	21,933	24,042	20,333	9,786	2,152
Net Income	95,609	69,799	62,992	62,269	69,648
Net Income to Common	95,609	69,799	62,992	62,269	69,648
Net Income Growth	36.98%	10.81%	1.16%	-10.60%	1.42%
Shares Outstanding (Basic)	39,837	40,065	40,065	40,065	40,065
Shares Outstanding (Diluted)	39,837	40,065	40,065	40,065	40,065
Shares Change (YoY)	-0.57%	-	-	-	0.00%
EPS (Basic)	2.40	1.74	1.57	1.55	1.74
EPS (Diluted)	2.40	1.74	1.57	1.55	1.74
EPS Growth	37.93%	10.83%	1.29%	-10.84%	1.66%
Free Cash Flow	89,758	76,901	41,287	49,820	69,643
Free Cash Flow Per Share	2.25	1.92	1.03	1.24	1.74
Dividend Per Share	2.000	1.200	1.200	1.200	1.390
Dividend Growth	66.67%	-	-	-13.67%	1.46%
Gross Margin	74.03%	73.01%	71.35%	69.53%	68.70%
Operating Margin	37.95%	32.43%	22.98%	28.26%	37.02%
Profit Margin	22.71%	18.12%	18.21%	20.20%	23.54%
Free Cash Flow Margin	21.32%	19.96%	11.93%	16.16%	23.54%
EBITDA	233,695	186,197	152,767	135,572	145,805
EBITDA Margin	55.51%	48.33%	44.16%	43.97%	49.29%
D&A For EBITDA	73,940	61,277	73,248	48,454	36,277
EBIT	159,755	124,920	79,518	87,119	109,529
EBIT Margin	37.95%	32.43%	22.98%	28.26%	37.02%
Effective Tax Rate	41.90%	50.91%	49.63%	40.59%	33.97%
Revenue as Reported	427,559	388,689	349,447	310,905	298,078