HMS Networks 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
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	3,577	3,059	3,025	2,506	1,972
Revenue Growth (YoY)	16.94%	1.14%	20.69%	27.11%	34.42%
Cost of Revenue	-1,325	-1,143	-1,057	-929.58	-741.4
Gross Profit	2,253	1,916	1,967	1,577	1,230
Selling, General & Admin	1,018	971.75	870.25	669.91	546.34
Research & Development	332.25	286.66	319.43	260.63	234.85
Other Operating Expenses	140.52	154.63	24.27	-6.47	3.52
Total Operating Expenses	1,491	1,413	1,214	924.07	784.71
Operating Income	761.98	502.9	753.33	652.55	445.61
Interest Income	36.57	15.2	11.95	7.6	11.25
Interest Expense	-148.98	-153.68	-47.36	-35.69	-8.28
Other Non-Operating Income (Expense)	-112.16	-138.41	-36	-29.11	2.84
Total Non-Operating Income (Expense)	-224.58	-276.89	-71.42	-57.2	5.81
Pretax Income	649.82	364.5	717.33	623.44	448.45
Provision for Income Taxes	214.61	54.91	146.68	115.65	86.02
Net Income	434.75	309.68	570.65	507.79	354.85
Minority Interest in Earnings	0.47	-0.09	-	-	7.57
Net Income to Common	434.75	309.68	570.65	507.79	354.85
Net Income Growth	40.38%	-45.73%	12.38%	43.10%	58.78%
Shares Outstanding (Basic)	50	49	47	47	47
Shares Outstanding (Diluted)	50	49	47	47	47
Shares Change (YoY)	2.88%	4.42%	-0.00%	-0.12%	0.06%
EPS (Basic)	8.66	6.35	12.23	10.89	7.61
EPS (Diluted)	8.65	6.34	12.19	10.85	7.57
EPS Growth	36.44%	-47.99%	12.35%	43.33%	58.70%
Shares Outstanding	50.18	50.18	46.66	46.64	46.65
Free Cash Flow	814.57	552.64	480.78	397.51	493.45
Free Cash Flow Growth	47.39%	14.95%	20.95%	-19.44%	35.72%
Free Cash Flow Per Share	16.20	11.31	10.27	8.49	10.53
Dividends Per Share	4.800	-	4.400	4.000	3.000
Dividend Growth	-	-	10.00%	33.33%	50.00%
Gross Margin	62.97%	62.63%	65.04%	62.91%	62.40%
Operating Margin	21.30%	16.44%	24.91%	26.04%	22.60%
Profit Margin	12.17%	10.12%	18.87%	20.26%	18.38%
FCF Margin	22.77%	18.07%	15.90%	15.86%	25.03%
EBITDA	1,030	721.53	878.52	760.42	547.94
EBITDA Margin	28.80%	23.59%	29.04%	30.34%	27.79%
EBIT	761.98	502.9	753.33	652.55	445.61
EBIT Margin	21.30%	16.44%	24.91%	26.04%	22.60%
Effective Tax Rate	33.03%	15.06%	20.45%	18.55%	19.18%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.