Wärtsilä Oyj Abp Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
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
Operating Revenue	6,914	6,449	6,015	5,842	4,778
Other Revenue	1	2	3	6	4
Revenue	6,915	6,451	6,018	5,848	4,782
Revenue Growth (YoY)	7.19%	7.20%	2.91%	22.29%	3.40%
Cost of Revenue	3,689	3,474	3,419	3,671	2,691
Gross Profit	3,226	2,977	2,599	2,177	2,091
Selling, General & Admin	1,660	1,541	1,507	1,404	1,272
Other Operating Expenses	601	611	540	525	389
Operating Expenses	2,424	2,303	2,184	2,072	1,811
Operating Income	802	674	415	105	280
Interest Expense	-61	-60	-58	-32	-25
Interest & Investment Income	58	48	29	19	13
Earnings From Equity Investments	17	12	9	6	3
Currency Exchange Gain (Loss)	9	-2	2	-1	-4
Other Non Operating Income (Expenses)	-	-3	18	9	32
EBT Excluding Unusual Items	825	669	415	106	299
Merger & Restructuring Charges	11	-	-	-	-
Impairment of Goodwill	-	-	-15	-47	-
Gain (Loss) on Sale of Assets	33	-5	1	-23	3
Asset Writedown	-44	20	-41	-73	-12
Pretax Income	828	687	365	-32	297
Income Tax Expense	198	180	95	26	103
Earnings From Continuing Operations	630	507	270	-58	194
Net Income to Company	630	507	270	-58	194
Minority Interest in Earnings	-4	-4	-12	-6	-
Net Income	626	503	258	-64	194
Net Income to Common	626	503	258	-64	194
Net Income Growth	24.45%	94.96%	-	-	44.78%
Shares Outstanding (Basic)	589	589	589	590	591
Shares Outstanding (Diluted)	592	591	590	590	592
Shares Change (YoY)	0.19%	0.23%	-0.10%	-0.29%	0.03%
EPS (Basic)	1.06	0.85	0.44	-0.11	0.33
EPS (Diluted)	1.06	0.85	0.44	-0.11	0.33
EPS Growth	24.71%	94.16%	-	-	45.06%
Free Cash Flow	1,448	1,144	769	-133	650
Free Cash Flow Per Share	2.45	1.94	1.30	-0.23	1.10
Dividend Per Share	0.540	0.440	0.320	0.260	0.240
Dividend Growth	22.73%	37.50%	23.08%	8.33%	20.00%
Gross Margin	46.65%	46.15%	43.19%	37.23%	43.73%
Operating Margin	11.60%	10.45%	6.90%	1.80%	5.85%
Profit Margin	9.05%	7.80%	4.29%	-1.09%	4.06%
Free Cash Flow Margin	20.94%	17.73%	12.78%	-2.27%	13.59%
EBITDA	876	748	484	181	370
EBITDA Margin	12.67%	11.59%	8.04%	3.09%	7.74%
D&A For EBITDA	74	74	69	76	90
EBIT	802	674	415	105	280
EBIT Margin	11.60%	10.45%	6.90%	1.80%	5.85%
Effective Tax Rate	23.91%	26.20%	26.03%	-	34.68%

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