Givaudan Income Statement

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

Millions CHF. 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	7,472	7,412	6,915	7,117	6,684
Revenue Growth (YoY)	0.81%	7.19%	-2.84%	6.48%	5.73%
Cost of Revenue	4,220	4,141	4,069	4,355	3,829
Gross Profit	3,252	3,271	2,846	2,762	2,855
Selling, General & Admin	1,230	1,216	1,099	1,107	1,160
Research & Development	551	565	519	522	562
Other Operating Expenses	90	96	112	21	44
Total Operating Expenses	1,871	1,877	1,730	1,650	1,766
Operating Income	1,381	1,394	1,116	1,112	1,089
Interest Expense	-113	-121	-120	-100	-94
Other Non-Operating Income (Expense)	37	40	-7	-84	-30
Total Non-Operating Income (Expense)	-76	-81	-127	-184	-124
Pretax Income	1,305	1,313	989	928	965
Provision for Income Taxes	234	223	96	72	144
Net Income	1,071	1,090	893	856	821
Net Income to Common	1,071	1,090	893	856	821
Net Income Growth	-1.74%	22.06%	4.32%	4.26%	10.50%
Shares Outstanding (Basic)	9	9	9	9	9
Shares Outstanding (Diluted)	9	9	9	9	9
Shares Change (YoY)	0.10%	0.11%	0.03%	-0.41%	-0.01%
EPS (Basic)	116.08	118.17	96.81	92.83	89.03
EPS (Diluted)	115.46	117.63	96.47	92.51	88.37
EPS Growth	-1.85%	21.93%	4.28%	4.69%	10.52%
Shares Outstanding	9.23	9.23	9.23	9.23	9.23
Free Cash Flow	1,263	1,389	1,158	722	1,102
Free Cash Flow Growth	-9.07%	19.95%	60.39%	-34.48%	10.09%
Free Cash Flow Per Share	136.16	149.89	125.10	78.03	118.61
Dividends Per Share	72.000	70.000	68.000	67.000	66.000
Dividend Growth	2.86%	2.94%	1.49%	1.52%	3.13%
Gross Margin	43.52%	44.13%	41.16%	38.81%	42.71%
Operating Margin	18.48%	18.81%	16.14%	15.62%	16.29%
Profit Margin	14.33%	14.71%	12.91%	12.03%	12.28%
FCF Margin	16.90%	18.74%	16.75%	10.14%	16.49%
EBITDA	1,750	1,753	1,472	1,476	1,479
EBITDA Margin	23.42%	23.65%	21.29%	20.74%	22.13%
EBIT	1,381	1,394	1,116	1,112	1,089
EBIT Margin	18.48%	18.81%	16.14%	15.62%	16.29%
Effective Tax Rate	17.93%	16.98%	9.71%	7.76%	14.92%

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