Vodafone Qatar P.Q.S.C. 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
Revenue	3,447	3,190	3,111	3,066	2,526
Revenue Growth (YoY)	8.06%	2.53%	1.47%	21.38%	14.83%
Cost of Revenue	1,895	1,794	1,801	1,789	1,467
Gross Profit	1,552	1,396	1,310	1,277	1,059
Selling, General & Admin	-	-	-	-	39.37
Amortization of Goodwill & Intangibles	231.66	198.43	191.46	191.46	190.28
Operating Expenses	761.95	696.96	654.2	678.23	695.86
Operating Income	789.89	698.56	655.37	598.6	363.41
Interest Expense	-41.68	-51.87	-63.23	-42.11	-45.44
Interest & Investment Income	15.79	17.07	8.18	5.9	0.19
Earnings From Equity Investments	5.4	-	-	-	-
Other Non Operating Income (Expenses)	-5.98	-2.02	-9.66	-5.91	8.77
EBT Excluding Unusual Items	763.42	661.74	590.67	556.49	326.94
Gain (Loss) on Sale of Assets	-	-	-	-	-0.67
Other Unusual Items	10.68	-	-	-	1.13
Pretax Income	774.1	661.74	590.67	556.49	327.4
Income Tax Expense	72.5	61.08	50.63	54.11	-
Net Income	701.6	600.66	540.04	502.38	327.4
Net Income to Common	701.6	600.66	540.04	502.38	327.4
Net Income Growth	16.80%	11.22%	7.50%	53.45%	76.88%
Shares Outstanding (Basic)	4,227	4,227	4,227	4,227	4,227
Shares Outstanding (Diluted)	4,227	4,227	4,227	4,227	4,227
EPS (Basic)	0.17	0.14	0.13	0.12	0.08
EPS (Diluted)	0.17	0.14	0.13	0.12	0.08
EPS Growth	16.80%	11.22%	7.50%	53.45%	76.89%
Free Cash Flow	1,075	748.25	883.91	472.79	525.42
Free Cash Flow Per Share	0.25	0.18	0.21	0.11	0.12
Dividend Per Share	0.120	0.120	0.110	0.100	0.060
Dividend Growth	-	9.09%	10.00%	66.67%	20.00%
Gross Margin	45.03%	43.75%	42.10%	41.65%	41.94%
Operating Margin	22.92%	21.90%	21.07%	19.53%	14.39%
Profit Margin	20.36%	18.83%	17.36%	16.39%	12.96%
Free Cash Flow Margin	31.20%	23.46%	28.41%	15.42%	20.80%
EBITDA	1,258	1,145	1,072	1,028	790.21
EBITDA Margin	36.52%	35.91%	34.47%	33.54%	31.28%
D&A For EBITDA	468.59	446.78	416.9	429.8	426.79
EBIT	789.89	698.56	655.37	598.6	363.41
EBIT Margin	22.92%	21.90%	21.07%	19.53%	14.39%
Effective Tax Rate	9.37%	9.23%	8.57%	9.72%	-

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