Nestlé 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	89,885	91,720	93,351	94,780	87,470
Revenue Growth (YoY)	-2.00%	-1.75%	-1.51%	8.36%	3.29%
Cost of Revenue	48,694	48,670	50,328	51,745	45,468
Gross Profit	41,191	43,050	43,023	43,035	42,002
Selling, General & Admin	25,189	25,679	25,314	25,236	25,213
Research & Development	1,613	1,667	1,656	1,696	1,670
Other Operating Expenses	2,112	980	1,990	3,777	3,440
Total Operating Expenses	28,914	28,326	28,960	30,709	30,323
Operating Income	12,277	14,724	14,063	12,326	11,679
Interest Income	300	358	284	210	80
Interest Expense	-1,826	-1,843	-1,644	-1,250	-953
Total Non-Operating Income (Expense)	-1,526	-1,485	-1,360	-1,040	-873
Pretax Income	10,751	13,239	12,703	11,286	10,806
Provision for Income Taxes	2,640	3,314	2,314	2,730	2,261
Net Income	9,033	10,884	11,209	9,270	16,905
Minority Interest in Earnings	221	290	300	326	291
Net Income to Common	9,033	10,884	11,209	9,270	16,905
Net Income Growth	-17.01%	-2.90%	20.92%	-45.16%	38.20%
Shares Outstanding (Basic)	2,573	2,596	2,646	2,707	2,788
Shares Outstanding (Diluted)	2,576	2,599	2,648	2,709	2,791
Shares Change (YoY)	-0.89%	-1.85%	-2.25%	-2.94%	-2.04%
EPS (Basic)	3.51	4.19	4.24	3.42	6.06
EPS (Diluted)	3.51	4.19	4.23	3.42	6.06
EPS Growth	-16.23%	-0.95%	23.68%	-43.56%	41.26%
Free Cash Flow	11,377	11,037	10,227	6,812	8,984
Free Cash Flow Growth	3.08%	7.92%	50.13%	-24.18%	-12.78%
Free Cash Flow Per Share	4.42	4.25	3.86	2.51	3.22
Dividends Per Share	3.100	3.050	3.000	2.950	2.800
Dividend Growth	1.64%	1.67%	1.70%	5.36%	1.82%
Gross Margin	45.83%	46.94%	46.09%	45.41%	48.02%
Operating Margin	13.66%	16.05%	15.06%	13.00%	13.35%
Profit Margin	10.30%	12.18%	12.33%	10.12%	19.66%
FCF Margin	12.66%	12.03%	10.96%	7.19%	10.27%
EBITDA	15,910	18,306	17,521	15,867	15,119
EBITDA Margin	17.70%	19.96%	18.77%	16.74%	17.28%
EBIT	12,277	14,724	14,063	12,326	11,679
EBIT Margin	13.66%	16.05%	15.06%	13.00%	13.35%
Effective Tax Rate	24.56%	25.03%	18.22%	24.19%	20.92%

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