Zyxel Group Income Statement

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

Millions TWD. 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	25,295	25,969	30,380	30,516	25,682
Revenue Growth (YoY)	-2.60%	-14.52%	-0.45%	18.82%	15.42%
Cost of Revenue	18,552	19,535	23,701	23,528	19,621
Gross Profit	6,743	6,434	6,679	6,988	6,061
Selling, General & Admin	3,698	3,606	3,462	3,225	2,915
Research & Development	1,855	1,907	1,917	1,873	1,718
Operating Expenses	5,877	5,993	5,390	5,141	4,635
Operating Income	866.62	441.11	1,289	1,847	1,425
Interest Expense	-85.26	-85.05	-87.46	-72.66	-29.13
Interest & Investment Income	134.46	144.06	140.01	77.54	19.18
Earnings From Equity Investments	-17.22	-0.83	-11.18	-10.77	-6.59
Currency Exchange Gain (Loss)	106.58	34.5	68.07	-100.89	-212.51
Other Non Operating Income (Expenses)	-86.58	185.03	158.01	251.83	241.67
EBT Excluding Unusual Items	918.61	718.82	1,557	1,992	1,438
Pretax Income	918.61	718.82	1,557	1,992	1,438
Income Tax Expense	266.12	127.29	201.1	365.37	342.61
Earnings From Continuing Operations	652.49	591.53	1,356	1,627	1,095
Minority Interest in Earnings	-18.35	-21.88	-14.43	-8.47	1.24
Net Income	634.14	569.65	1,341	1,618	1,097
Net Income to Common	634.14	569.65	1,341	1,618	1,097
Net Income Growth	11.32%	-57.53%	-17.13%	47.58%	32.46%
Shares Outstanding (Basic)	405	404	397	418	396
Shares Outstanding (Diluted)	406	405	402	421	403
Shares Change (YoY)	0.17%	0.70%	-4.46%	4.53%	2.81%
EPS (Basic)	1.56	1.41	3.38	3.87	2.77
EPS (Diluted)	1.56	1.41	3.33	3.84	2.73
EPS Growth	10.64%	-57.66%	-13.28%	40.76%	28.95%
Free Cash Flow	90.27	-2,314	3,438	36.17	-174.29
Free Cash Flow Per Share	0.22	-5.71	8.55	0.09	-0.43
Dividend Per Share	-	0.300	1.500	1.238	0.557
Dividend Growth	-	-80.00%	21.15%	122.40%	0.29%
Gross Margin	26.66%	24.78%	21.98%	22.90%	23.60%
Operating Margin	3.43%	1.70%	4.24%	6.05%	5.55%
Profit Margin	2.51%	2.19%	4.42%	5.30%	4.27%
Free Cash Flow Margin	0.36%	-8.91%	11.32%	0.12%	-0.68%
EBITDA	1,235	796.31	1,639	2,169	1,723
EBITDA Margin	4.88%	3.07%	5.39%	7.11%	6.71%
D&A For EBITDA	368.7	355.2	349.57	321.7	297.13
EBIT	866.62	441.11	1,289	1,847	1,425
EBIT Margin	3.43%	1.70%	4.24%	6.05%	5.55%
Effective Tax Rate	28.97%	17.71%	12.92%	18.34%	23.82%

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