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
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	120,680	122,878	126,503	112,331	85,700
Revenue Growth (YoY)	-1.79%	-2.87%	12.62%	31.08%	-0.81%
Cost of Revenue	71,678	73,742	74,456	66,962	48,995
Gross Profit	49,002	49,136	52,046	45,370	36,705
Selling, General & Admin	23,611	24,747	24,670	22,553	15,712
Research & Development	4,542	4,808	4,489	4,185	3,468
Other Operating Expenses	39	1,160	469	40	250
Total Operating Expenses	28,192	30,715	29,628	26,778	19,430
Operating Income	20,809	18,420	22,418	18,592	17,275
Interest Income	640	827	808	936	585
Interest Expense	-1,991	-2,787	-3,431	-1,790	-1,043
Total Non-Operating Income (Expense)	-1,351	-1,959	-2,623	-854	-457
Pretax Income	19,458	16,461	19,794	17,738	16,818
Provision for Income Taxes	4,767	4,216	4,493	4,884	3,731
Net Income	14,690	12,243	15,300	11,212	14,461
Minority Interest in Earnings	1	2	1	13	23
Earnings From Discontinued Operations	-	-	-	-1,628	1,397
Net Income to Common	14,690	12,243	15,300	11,212	14,461
Net Income Growth	19.99%	-19.98%	36.46%	-22.47%	65.55%
Shares Outstanding (Basic)	1,254	1,254	1,254	1,254	1,254
Shares Outstanding (Diluted)	1,255	1,256	1,256	1,255	1,256
Shares Change (YoY)	-0.05%	0.01%	0.05%	-0.04%	-0.02%
EPS (Basic)	11.71	9.76	12.20	8.95	11.53
EPS (Diluted)	11.70	9.75	12.18	8.94	11.52
EPS Growth	20.00%	-19.95%	36.24%	-22.40%	65.75%
Free Cash Flow	16,354	17,042	14,925	6,901	10,241
Free Cash Flow Growth	-4.04%	14.18%	116.27%	-32.61%	-12.68%
Free Cash Flow Per Share	13.03	13.57	11.88	5.50	8.15
Dividends Per Share	6.000	5.750	5.500	5.000	4.750
Dividend Growth	4.35%	4.54%	10.00%	5.26%	5.56%
Gross Margin	40.60%	39.99%	41.14%	40.39%	42.83%
Operating Margin	17.24%	14.99%	17.72%	16.55%	20.16%
Profit Margin	12.17%	9.97%	12.10%	11.44%	15.27%
FCF Margin	13.55%	13.87%	11.80%	6.14%	11.95%
EBITDA	28,224	26,401	29,877	25,240	23,270
EBITDA Margin	23.39%	21.49%	23.62%	22.47%	27.15%
EBIT	20,809	18,420	22,418	18,592	17,275
EBIT Margin	17.24%	14.99%	17.72%	16.55%	20.16%
Effective Tax Rate	24.50%	25.61%	22.70%	27.53%	22.18%

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