SBI Holdings, Inc. (SBHGF)

SBI Holdings Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	1,919,997	1,443,733	1,210,504	998,559	763,618	541,145
Revenue Growth (YoY)	41.26%	19.27%	21.22%	30.77%	41.11%	47.03%
Cost of Revenue	437,581	665,585	625,739	478,990	354,914	210,439
Gross Profit	1,482,416	778,148	584,765	519,569	408,704	330,706
Selling, General & Admin	591,274	395,203	363,789	341,917	205,062	140,547
Research & Development	-	1,851	1,983	1,538	2,187	4,158
Other Operating Expenses	-	14,514	12,139	19,271	7,751	21,843
Operating Expenses	591,274	456,174	417,898	403,883	237,585	185,169
Operating Income	891,142	321,974	166,867	115,686	171,119	145,537
Interest Expense	-264,436	-43,733	-36,344	-20,183	-8,555	-5,803
Earnings From Equity Investments	26,941	29,474	14,513	6,376	6,822	9,458
Currency Exchange Gain (Loss)	-	-19,522	-	-	-2,999	-
Other Non Operating Income (Expenses)	-117,788	-201	-5,369	-	-	-
EBT Excluding Unusual Items	535,859	287,992	139,667	101,879	166,387	149,192
Impairment of Goodwill	-	623	2,823	2,460	263,847	-
Asset Writedown	-	-6,325	-921	-3,586	-17,510	-8,812
Pretax Income	536,227	282,290	141,569	100,753	412,724	140,380
Income Tax Expense	133,658	93,132	27,953	29,745	57,000	42,868
Earnings From Continuing Operations	402,569	189,158	113,616	71,008	355,724	97,512
Minority Interest in Earnings	7,530	-27,038	-26,373	-36,008	11,130	-16,414
Net Income	410,099	162,120	87,243	35,000	366,854	81,098
Net Income to Common	410,099	162,120	87,243	35,000	366,854	81,098
Net Income Growth	218.44%	85.83%	149.27%	-90.46%	352.36%	116.34%
Shares Outstanding (Basic)	631	605	551	530	490	477
Shares Outstanding (Diluted)	676	635	615	612	572	551
Shares Change (YoY)	11.70%	3.35%	0.48%	7.03%	3.82%	7.23%
EPS (Basic)	650.41	268.04	158.21	66.10	749.27	169.89
EPS (Diluted)	607.47	256.34	142.80	58.44	642.95	148.46
EPS Growth	194.09%	79.51%	144.35%	-90.91%	333.08%	101.38%
Dividend Per Share	90.000	85.000	75.000	75.000	75.000	60.000
Dividend Growth	20.00%	13.33%	-	-	25.00%	20.00%
Gross Margin	77.21%	53.90%	48.31%	52.03%	53.52%	61.11%
Operating Margin	46.41%	22.30%	13.79%	11.58%	22.41%	26.89%
Profit Margin	21.36%	11.23%	7.21%	3.50%	48.04%	14.99%
EBITDA	956,865	382,768	222,299	171,815	203,326	169,828
EBITDA Margin	49.84%	26.51%	18.36%	17.21%	26.63%	31.38%
D&A For EBITDA	65,723	60,794	55,432	56,129	32,207	24,291
EBIT	891,142	321,974	166,867	115,686	171,119	145,537
EBIT Margin	46.41%	22.30%	13.79%	11.58%	22.41%	26.89%
Effective Tax Rate	24.93%	32.99%	19.74%	29.52%	13.81%	30.54%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.