QSE:QGTS Income Statement

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

Millions QAR. 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	4,039	3,669	3,626	3,606	3,590
Revenue	4,039	3,669	3,626	3,606	3,590
Revenue Growth (YoY)	10.07%	1.21%	0.56%	0.43%	0.74%
Cost of Revenue	1,027	808.69	795.03	764.02	746.3
Gross Profit	3,012	2,861	2,831	2,842	2,844
Selling, General & Admin	130.15	112.99	114.15	112.12	97.32
Operating Expenses	1,028	951.72	1,049	1,059	992.67
Operating Income	1,984	1,909	1,781	1,783	1,851
Interest Expense	-1,013	-1,130	-1,249	-1,139	-1,049
Interest & Investment Income	131.69	183.92	242.14	106.6	58.29
Earnings From Equity Investments	610.06	675.36	784.92	689.37	493.56
Pretax Income	1,713	1,638	1,559	1,439	1,354
Income Tax Expense	23.28	-	-	-	-
Earnings From Continuing Operations	1,689	1,638	1,559	1,439	1,354
Minority Interest in Earnings	-0.88	-0.62	-0.98	-0.47	-0.76
Net Income	1,688	1,637	1,558	1,439	1,353
Net Income to Common	1,688	1,637	1,558	1,439	1,353
Net Income Growth	3.12%	5.11%	8.26%	6.31%	16.66%
Shares Outstanding (Basic)	5,540	5,540	5,540	5,540	5,540
Shares Outstanding (Diluted)	5,540	5,540	5,540	5,540	5,540
Shares Change (YoY)	-	-	-	-	0.03%
EPS (Basic)	0.30	0.30	0.28	0.26	0.24
EPS (Diluted)	0.30	0.30	0.28	0.26	0.24
EPS Growth	3.12%	5.11%	8.26%	6.31%	16.63%
Free Cash Flow	504.34	-2,876	1,201	1,746	1,694
Free Cash Flow Per Share	0.09	-0.52	0.22	0.32	0.31
Dividend Per Share	0.144	0.140	0.140	0.130	0.120
Dividend Growth	2.86%	-	7.69%	8.33%	-
Gross Margin	74.58%	77.96%	78.07%	78.81%	79.21%
Operating Margin	49.13%	52.02%	49.13%	49.45%	51.56%
Profit Margin	41.80%	44.62%	42.97%	39.91%	37.70%
Free Cash Flow Margin	12.49%	-78.37%	33.13%	48.44%	47.17%
EBITDA	2,896	2,748	2,716	2,729	2,746
EBITDA Margin	71.71%	74.88%	74.92%	75.70%	76.50%
D&A For EBITDA	911.95	838.73	935.34	946.62	895.35
EBIT	1,984	1,909	1,781	1,783	1,851
EBIT Margin	49.13%	52.02%	49.13%	49.45%	51.56%
Effective Tax Rate	1.36%	-	-	-	-
Revenue as Reported	4,781	4,529	4,653	4,401	4,142

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