QinetiQ Group plc (QNTQY)

QinetiQ Group Income Statement

Financials in millions GBP. 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	1,885	1,932	1,912	1,581	1,320	1,278
Revenue Growth (YoY)	-4.58%	1.02%	20.96%	19.71%	3.30%	19.13%
Cost of Revenue	1,662	1,705	1,643	1,352	1,142	1,088
Gross Profit	223.7	227.1	268.7	229	178.8	189.9
Selling, General & Admin	1.2	1.2	0.9	1.7	1.5	1.3
Amortization of Goodwill & Intangibles	35.8	35.9	32.6	23.1	16.1	15.6
Other Operating Expenses	-36.9	-38.9	-39.3	-27.2	-15.7	-9.2
Operating Expenses	72.6	68.8	52.3	49.1	48.1	53.3
Operating Income	151.1	158.3	216.4	179.9	130.7	136.6
Interest Expense	-23.5	-23.4	-20.6	-13.3	-1.9	-2
Interest & Investment Income	6.1	6.6	5.3	6.8	0.5	0.3
Earnings From Equity Investments	-0.4	0.3	0.8	0.8	0.3	0.7
Other Non Operating Income (Expenses)	0.2	-	-0.1	-0.1	-	-0.2
EBT Excluding Unusual Items	133.5	141.8	201.8	174.1	129.6	135.4
Merger & Restructuring Charges	-99.1	-79.4	-9.2	-23.7	-5	-2.8
Impairment of Goodwill	-143.9	-143.9	-	-	-	-25.4
Gain (Loss) on Sale of Investments	-	-	-	-	-	0.3
Gain (Loss) on Sale of Assets	0.5	-	2.1	17.9	-0.2	28.5
Asset Writedown	-5.2	-5	-0.7	-	-1.7	-0.5
Other Unusual Items	-21.3	-19.8	-11.3	23.7	3.2	7.1
Pretax Income	-135.5	-106.3	182.7	192	125.9	142.6
Income Tax Expense	74.9	79.4	43.1	37.6	35.9	20.7
Earnings From Continuing Operations	-210.4	-185.7	139.6	154.4	90	121.9
Net Income to Company	-210.4	-185.7	139.6	154.4	90	121.9
Minority Interest in Earnings	-	-	-	-	-	-0.2
Net Income	-210.4	-185.7	139.6	154.4	90	121.7
Net Income to Common	-210.4	-185.7	139.6	154.4	90	121.7
Net Income Growth	-	-	-9.59%	71.56%	-26.05%	14.49%
Shares Outstanding (Basic)	550	563	577	576	573	570
Shares Outstanding (Diluted)	550	563	586	582	580	576
Shares Change (YoY)	-5.56%	-3.81%	0.58%	0.47%	0.66%	0.59%
EPS (Basic)	-0.38	-0.33	0.24	0.27	0.16	0.21
EPS (Diluted)	-0.38	-0.33	0.24	0.27	0.15	0.21
EPS Growth	-	-	-10.19%	70.97%	-26.54%	13.44%
Free Cash Flow	122.5	125.2	157.7	110.8	125.8	113
Free Cash Flow Per Share	0.22	0.22	0.27	0.19	0.22	0.20
Dividend Per Share	0.090	0.088	0.083	0.077	0.073	0.069
Dividend Growth	7.10%	7.27%	7.14%	5.48%	5.80%	4.54%
Gross Margin	11.87%	11.76%	14.05%	14.49%	13.54%	14.86%
Operating Margin	8.02%	8.20%	11.32%	11.38%	9.90%	10.69%
Profit Margin	-11.16%	-9.61%	7.30%	9.77%	6.82%	9.52%
Free Cash Flow Margin	6.50%	6.48%	8.25%	7.01%	9.53%	8.84%
EBITDA	236.8	242.2	290.9	240.8	181.7	187
EBITDA Margin	12.56%	12.54%	15.21%	15.23%	13.76%	14.63%
D&A For EBITDA	85.7	83.9	74.5	60.9	51	50.4
EBIT	151.1	158.3	216.4	179.9	130.7	136.6
EBIT Margin	8.02%	8.20%	11.32%	11.38%	9.90%	10.69%
Effective Tax Rate	-	-	23.59%	19.58%	28.52%	14.52%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.