Lenovo Group Limited (LNVGY)

Lenovo Group Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	75,062	69,077	56,864	61,947	71,618	60,742
Revenue Growth (YoY)	19.43%	21.48%	-8.21%	-13.50%	17.90%	19.77%
Cost of Revenue	63,399	57,979	47,061	51,446	59,569	50,974
Gross Profit	11,663	11,098	9,803	10,501	12,049	9,768
Selling, General & Admin	6,703	6,407	5,801	5,586	6,691	6,029
Research & Development	2,369	2,288	2,028	2,195	2,073	1,454
Other Operating Expenses	300.64	395.37	-15.9	275.39	313.68	-157.11
Operating Expenses	9,374	9,091	7,812	8,057	9,078	7,326
Operating Income	2,290	2,007	1,991	2,444	2,971	2,442
Interest Expense	-314.78	-293.6	-275.2	-316.11	-258.55	-267.02
Interest & Investment Income	109.64	109.96	144.07	124.73	56.46	34.75
Earnings From Equity Investments	-14.46	-19.98	-25.66	-16.8	-6.91	-32.32
Currency Exchange Gain (Loss)	160.85	160.85	18.44	241.54	111.52	-371.36
Other Non Operating Income (Expenses)	-416.13	-479.67	-487.6	-341.59	-103.83	-141.63
EBT Excluding Unusual Items	1,815	1,484	1,365	2,136	2,770	1,664
Merger & Restructuring Charges	-	-	-	-10.78	-	-
Gain (Loss) on Sale of Assets	-3.6	-3.6	-3.48	-6.2	-2.27	110
Other Unusual Items	-	-	4.06	16.94	-	-
Pretax Income	1,811	1,481	1,365	2,136	2,768	1,774
Income Tax Expense	68.06	18.92	263.14	455.16	622.4	461.2
Earnings From Continuing Operations	1,743	1,462	1,102	1,681	2,145	1,313
Minority Interest in Earnings	-114.87	-77.51	-91.81	-73.11	-115.51	-102.16
Net Income	1,628	1,384	1,011	1,608	2,030	1,211
Preferred Dividends & Other Adjustments	-	-	-	-	-	75.14
Net Income to Common	1,628	1,384	1,011	1,608	2,030	1,136
Net Income Growth	37.21%	37.00%	-37.15%	-20.79%	67.64%	68.44%
Shares Outstanding (Basic)	12,261	12,254	12,022	11,909	11,629	11,910
Shares Outstanding (Diluted)	14,429	13,592	12,994	12,970	13,082	13,123
Shares Change (YoY)	10.69%	4.60%	0.19%	-0.86%	-0.31%	2.05%
EPS (Basic)	0.13	0.11	0.08	0.14	0.17	0.10
EPS (Diluted)	0.12	0.11	0.08	0.13	0.16	0.09
EPS Growth	29.10%	31.85%	-36.79%	-19.24%	77.08%	64.09%
Free Cash Flow	1,261	433.34	1,281	1,684	3,079	2,956
Free Cash Flow Per Share	0.09	0.03	0.10	0.13	0.23	0.23
Dividend Per Share	0.050	0.050	0.049	0.048	0.049	0.039
Dividend Growth	1.69%	3.23%	0.31%	-0.23%	23.28%	9.74%
Gross Margin	15.54%	16.07%	17.24%	16.95%	16.82%	16.08%
Operating Margin	3.05%	2.90%	3.50%	3.95%	4.15%	4.02%
Profit Margin	2.17%	2.00%	1.78%	2.60%	2.83%	1.87%
Free Cash Flow Margin	1.68%	0.63%	2.25%	2.72%	4.30%	4.87%
EBITDA	3,351	3,060	3,025	3,409	3,881	3,211
EBITDA Margin	4.46%	4.43%	5.32%	5.50%	5.42%	5.29%
D&A For EBITDA	1,061	1,053	1,034	964.37	909.33	769.44
EBIT	2,290	2,007	1,991	2,444	2,971	2,442
EBIT Margin	3.05%	2.90%	3.50%	3.95%	4.15%	4.02%
Effective Tax Rate	3.76%	1.28%	19.27%	21.31%	22.49%	26.00%
Advertising Expenses	-	1,070	877.96	845.83	1,131	815.88

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.