Stadler Rail AG (SWX:SRAIL)

Stadler Rail AG Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	3,679	3,256	3,608	3,751	3,635
Revenue Growth (YoY)	13.01%	-9.78%	-3.79%	3.19%	17.82%
Cost of Revenue	3,259	2,885	3,204	3,368	3,233
Gross Profit	420.19	370.91	404.64	382.36	401.25
Selling, General & Admin	223.7	218.12	181.64	171.65	153.19
Research & Development	33.57	35.85	35.45	32.6	30
Other Operating Expenses	2.35	16.46	4.27	0.31	-1.65
Operating Expenses	259.62	270.43	221.37	204.56	181.53
Operating Income	160.57	100.48	183.27	177.8	219.72
Interest Expense	-42.38	-19.8	-21.89	-23.45	-12.38
Interest & Investment Income	12.71	31.01	36.79	1.9	1.85
Earnings From Equity Investments	6.45	4	3.83	2.78	3.84
Currency Exchange Gain (Loss)	48.19	19.72	-11.39	-56.66	-37.72
Other Non Operating Income (Expenses)	-35.2	-32.44	-38.18	-43.8	-26.78
EBT Excluding Unusual Items	150.35	102.96	152.43	58.56	148.54
Gain (Loss) on Sale of Investments	-	-	-	21.3	-
Gain (Loss) on Sale of Assets	-	-	-	-1.38	-
Other Unusual Items	-0.09	-0.17	-0.41	7.25	3.48
Pretax Income	150.26	102.8	152.02	85.73	152.01
Income Tax Expense	49.59	47.83	13.45	10.61	17.51
Earnings From Continuing Operations	100.66	54.97	138.56	75.12	134.51
Minority Interest in Earnings	-12.64	-16.55	-14.25	-2.23	-0.85
Net Income	88.02	38.42	124.32	72.9	133.66
Net Income to Common	88.02	38.42	124.32	72.9	133.66
Net Income Growth	129.13%	-69.10%	70.54%	-45.46%	-2.88%
Shares Outstanding (Basic)	100	100	100	100	100
Shares Outstanding (Diluted)	100	100	100	100	100
Shares Change (YoY)	-0.01%	-	0.01%	0.01%	-
EPS (Basic)	0.88	0.38	1.24	0.73	1.34
EPS (Diluted)	0.88	0.38	1.24	0.73	1.34
EPS Growth	129.15%	-69.10%	70.53%	-45.46%	-2.88%
Free Cash Flow	-561.71	117.03	738.51	315.95	391.61
Free Cash Flow Per Share	-5.62	1.17	7.39	3.16	3.92
Dividend Per Share	0.500	0.200	0.900	0.900	0.900
Dividend Growth	150.00%	-77.78%	-	-	5.88%
Gross Margin	11.42%	11.39%	11.21%	10.20%	11.04%
Operating Margin	4.36%	3.09%	5.08%	4.74%	6.04%
Profit Margin	2.39%	1.18%	3.45%	1.94%	3.68%
Free Cash Flow Margin	-15.27%	3.60%	20.47%	8.42%	10.77%
EBITDA	246.29	180.14	258.02	248.11	286.3
EBITDA Margin	6.69%	5.53%	7.15%	6.62%	7.88%
D&A For EBITDA	85.72	79.66	74.75	70.31	66.59
EBIT	160.57	100.48	183.27	177.8	219.72
EBIT Margin	4.36%	3.09%	5.08%	4.74%	6.04%
Effective Tax Rate	33.01%	46.53%	8.85%	12.37%	11.52%

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