Sandvik AB Income Statement

Financials in millions SEK. Fiscal year is January - December.

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	2016 - 2020
Revenue	120,680	122,878	126,503	112,331	85,700	Upgrade
Revenue Growth (YoY)	-1.79%	-2.87%	12.62%	31.08%	-0.81%	Upgrade
Cost of Revenue	71,678	73,742	74,456	66,944	49,027	Upgrade
Gross Profit	49,002	49,136	52,047	45,387	36,673	Upgrade
Selling, General & Admin	23,611	24,747	24,670	22,530	15,710	Upgrade
Research & Development	4,542	4,808	4,489	4,173	3,414	Upgrade
Other Operating Expenses	39	474	-140	-838	-128	Upgrade
Operating Expenses	28,192	30,029	29,019	25,865	18,996	Upgrade
Operating Income	20,810	19,107	23,028	19,522	17,677	Upgrade
Interest Expense	-1,991	-2,551	-2,622	-1,640	-839	Upgrade
Interest & Investment Income	640	625	617	445	347	Upgrade
Earnings From Equity Investments	-	-208	16	6	-4	Upgrade
Currency Exchange Gain (Loss)	-	-154	-999	-1,026	-374	Upgrade
Other Non Operating Income (Expenses)	-1	-28	-21	-26	-53	Upgrade
EBT Excluding Unusual Items	19,458	16,791	20,019	17,281	16,754	Upgrade
Merger & Restructuring Charges	-	-178	-156	-338	-457	Upgrade
Impairment of Goodwill	-	-	-83	-88	-	Upgrade
Gain (Loss) on Sale of Investments	-	74	-389	368	89	Upgrade
Gain (Loss) on Sale of Assets	-	-226	403	291	456	Upgrade
Asset Writedown	-	-	-	-138	-24	Upgrade
Pretax Income	19,458	16,461	19,794	17,737	16,818	Upgrade
Income Tax Expense	4,767	4,216	4,493	4,884	3,731	Upgrade
Earnings From Continuing Operations	14,691	12,245	15,301	12,853	13,087	Upgrade
Earnings From Discontinued Operations	-	-	-	-1,628	1,397	Upgrade
Net Income to Company	14,691	12,245	15,301	11,225	14,484	Upgrade
Minority Interest in Earnings	-1	-2	-1	-13	-23	Upgrade
Net Income	14,690	12,243	15,300	11,212	14,461	Upgrade
Net Income to Common	14,690	12,243	15,300	11,212	14,461	Upgrade
Net Income Growth	19.99%	-19.98%	36.46%	-22.47%	65.55%	Upgrade
Shares Outstanding (Basic)	1,254	1,254	1,254	1,254	1,254	Upgrade
Shares Outstanding (Diluted)	1,255	1,256	1,256	1,255	1,256	Upgrade
Shares Change (YoY)	-0.05%	0.01%	0.05%	-0.04%	-0.02%	Upgrade
EPS (Basic)	11.71	9.76	12.20	8.94	11.53	Upgrade
EPS (Diluted)	11.70	9.75	12.18	8.93	11.51	Upgrade
EPS Growth	20.00%	-19.95%	36.37%	-22.42%	65.54%	Upgrade
Free Cash Flow	16,354	17,042	14,925	6,901	10,241	Upgrade
Free Cash Flow Per Share	13.03	13.57	11.88	5.50	8.15	Upgrade
Dividend Per Share	6.000	5.750	5.500	5.000	4.750	Upgrade
Dividend Growth	4.35%	4.54%	10.00%	5.26%	5.56%	Upgrade
Gross Margin	40.61%	39.99%	41.14%	40.41%	42.79%	Upgrade
Operating Margin	17.24%	15.55%	18.20%	17.38%	20.63%	Upgrade
Profit Margin	12.17%	9.96%	12.10%	9.98%	16.87%	Upgrade
Free Cash Flow Margin	13.55%	13.87%	11.80%	6.14%	11.95%	Upgrade
EBITDA	28,225	24,497	28,137	24,005	21,939	Upgrade
EBITDA Margin	23.39%	19.94%	22.24%	21.37%	25.60%	Upgrade
D&A For EBITDA	7,415	5,390	5,109	4,483	4,262	Upgrade
EBIT	20,810	19,107	23,028	19,522	17,677	Upgrade
EBIT Margin	17.24%	15.55%	18.20%	17.38%	20.63%	Upgrade
Effective Tax Rate	24.50%	25.61%	22.70%	27.54%	22.18%	Upgrade

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