Inpex Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	1,976,255	2,011,351	2,265,837	2,164,516	2,324,660	1,244,369
Revenue Growth (YoY)	-10.41%	-11.23%	4.68%	-6.89%	86.81%	61.39%
Cost of Revenue	877,572	864,515	915,310	848,080	943,414	568,921
Gross Profit	1,098,683	1,146,836	1,350,527	1,316,436	1,381,246	675,448
Selling, General & Admin	119,491	100,193	131,818	98,446	95,915	58,185
Research & Development	-	13,146	35,663	3,559	-	-
Amortization of Goodwill & Intangibles	-	-	-	-	8,963	6,856
Other Operating Expenses	-54,403	13,612	4,237	-5,333	15,077	6,325
Operating Expenses	80,165	140,696	184,794	108,949	134,836	84,791
Operating Income	1,018,518	1,006,140	1,165,733	1,207,487	1,246,410	590,657
Interest Expense	-78,366	-64,886	-92,512	-74,178	-32,378	-13,747
Interest & Investment Income	118,050	113,211	130,357	98,696	74,186	38,571
Earnings From Equity Investments	71,265	72,099	104,831	18,389	161,931	38,834
Currency Exchange Gain (Loss)	-	32,490	7,434	-10,796	30,375	-6,709
Other Non Operating Income (Expenses)	-2	-7,504	-3,789	-1,833	43,200	15,987
EBT Excluding Unusual Items	1,129,465	1,151,550	1,312,054	1,237,765	1,523,724	663,593
Gain (Loss) on Sale of Investments	-	3,697	14,813	116,507	-	-
Gain (Loss) on Sale of Assets	-	4,864	15,497	-	-	-5,966
Asset Writedown	-	13,361	-43,553	-100,890	-111,282	-14,170
Pretax Income	1,129,465	1,173,472	1,298,811	1,253,382	1,412,442	643,457
Income Tax Expense	715,662	743,835	864,573	920,807	970,546	429,532
Earnings From Continuing Operations	413,803	429,637	434,238	332,575	441,896	213,925
Minority Interest in Earnings	-36,846	-35,801	-6,894	-10,867	-3,620	9,123
Net Income	376,957	393,836	427,344	321,708	438,276	223,048
Net Income to Common	376,957	393,836	427,344	321,708	438,276	223,048
Net Income Growth	-12.70%	-7.84%	32.84%	-26.60%	96.49%	-
Shares Outstanding (Basic)	1,162	1,190	1,238	1,294	1,367	1,450
Shares Outstanding (Diluted)	1,162	1,191	1,238	1,295	1,367	1,450
Shares Change (YoY)	-2.96%	-3.80%	-4.38%	-5.23%	-5.72%	-0.73%
EPS (Basic)	324.35	330.82	345.31	248.55	320.69	153.87
EPS (Diluted)	324.35	330.56	345.07	248.38	320.69	153.87
EPS Growth	-10.04%	-4.21%	38.93%	-22.55%	108.42%	-
Free Cash Flow	-	399,867	353,676	535,996	564,184	304,987
Free Cash Flow Per Share	-	335.62	285.58	413.82	412.82	210.39
Dividend Per Share	100.000	100.000	86.000	74.000	62.000	48.000
Dividend Growth	16.28%	16.28%	16.22%	19.36%	29.17%	100.00%
Gross Margin	55.59%	57.02%	59.60%	60.82%	59.42%	54.28%
Operating Margin	51.54%	50.02%	51.45%	55.79%	53.62%	47.47%
Profit Margin	19.07%	19.58%	18.86%	14.86%	18.85%	17.93%
Free Cash Flow Margin	-	19.88%	15.61%	24.76%	24.27%	24.51%
EBITDA	1,367,926	1,357,512	1,524,963	1,527,095	1,547,933	800,697
EBITDA Margin	69.22%	67.49%	67.30%	70.55%	66.59%	64.35%
D&A For EBITDA	349,408	351,372	359,230	319,608	301,523	210,040
EBIT	1,018,518	1,006,140	1,165,733	1,207,487	1,246,410	590,657
EBIT Margin	51.54%	50.02%	51.45%	55.79%	53.62%	47.47%
Effective Tax Rate	63.36%	63.39%	66.57%	73.47%	68.71%	66.75%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.