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	Jun '26 Jun 30, 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	1,962,979	2,011,351	2,265,837	2,164,516	2,324,660	1,244,369
Revenue Growth	-7.57%	-11.23%	4.68%	-6.89%	86.81%	61.39%
Cost of Revenue	860,555	864,515	915,310	848,080	943,414	568,921
Gross Profit	1,102,424	1,146,836	1,350,527	1,316,436	1,381,246	675,448
Selling, General & Admin	104,094	100,193	131,818	98,446	95,915	58,185
Research & Development	13,146	13,146	35,663	3,559	-	-
Amortization of Goodwill & Intangibles	-	-	-	-	8,963	6,856
Other Operating Expenses	-26,674	13,612	4,237	-5,333	15,077	6,325
Operating Expenses	104,311	140,696	184,794	108,949	134,836	84,791
Operating Income	998,113	1,006,140	1,165,733	1,207,487	1,246,410	590,657
Interest Expense	-57,552	-64,886	-92,512	-74,178	-32,378	-13,747
Interest & Investment Income	103,408	113,211	130,357	98,696	74,186	38,571
Earnings From Equity Investments	81,959	72,099	104,831	18,389	161,931	38,834
Currency Exchange Gain (Loss)	32,490	32,490	7,434	-10,796	30,375	-6,709
Other Non Operating Income (Expenses)	-7,506	-7,504	-3,789	-1,833	43,200	15,987
EBT Excluding Unusual Items	1,150,912	1,151,550	1,312,054	1,237,765	1,523,724	663,593
Gain (Loss) on Sale of Investments	3,697	3,697	14,813	116,507	-	-
Gain (Loss) on Sale of Assets	4,864	4,864	15,497	-	-	-5,966
Asset Writedown	13,361	13,361	-43,553	-100,890	-111,282	-14,170
Pretax Income	1,172,834	1,173,472	1,298,811	1,253,382	1,412,442	643,457
Income Tax Expense	700,948	743,835	864,573	920,807	970,546	429,532
Earnings From Continuing Operations	471,886	429,637	434,238	332,575	441,896	213,925
Minority Interest in Earnings	-38,430	-35,801	-6,894	-10,867	-3,620	9,123
Net Income	433,456	393,836	427,344	321,708	438,276	223,048
Net Income to Common	433,456	393,836	427,344	321,708	438,276	223,048
Net Income Growth	-1.10%	-7.84%	32.84%	-26.60%	96.49%	-
Shares Outstanding (Basic)	1,173	1,190	1,238	1,294	1,367	1,450
Shares Outstanding (Diluted)	1,174	1,191	1,238	1,295	1,367	1,450
Shares Change	-2.91%	-3.80%	-4.38%	-5.23%	-5.72%	-0.73%
EPS (Basic)	369.52	330.82	345.31	248.55	320.69	153.87
EPS (Diluted)	369.20	330.56	345.07	248.38	320.69	153.87
EPS Growth	1.86%	-4.21%	38.93%	-22.55%	108.42%	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	420,793	399,867	353,676	535,996	564,184	304,987
Free Cash Flow Per Share	358.42	335.62	285.58	413.82	412.82	210.39
Dividend Per Share	106.000	100.000	86.000	74.000	62.000	48.000
Dividend Growth	13.98%	16.28%	16.22%	19.36%	29.17%	100.00%
Gross Margin	56.16%	57.02%	59.60%	60.82%	59.42%	54.28%
Operating Margin	50.85%	50.02%	51.45%	55.79%	53.62%	47.47%
Profit Margin	22.08%	19.58%	18.86%	14.86%	18.85%	17.93%
Free Cash Flow Margin	21.44%	19.88%	15.61%	24.76%	24.27%	24.51%
EBITDA	1,377,061	1,357,512	1,524,963	1,527,095	1,547,933	800,697
EBITDA Margin	70.15%	67.49%	67.30%	70.55%	66.59%	64.35%
D&A For EBITDA	378,948	351,372	359,230	319,608	301,523	210,040
EBIT	998,113	1,006,140	1,165,733	1,207,487	1,246,410	590,657
EBIT Margin	50.85%	50.02%	51.45%	55.79%	53.62%	47.47%
Effective Tax Rate	59.77%	63.39%	66.57%	73.47%	68.71%	66.75%