AXA SA Income Statement

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

Millions EUR. 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
Premiums & Annuity Revenue	75,071	86,078	80,889	80,449	96,316
Total Interest & Dividend Income	4,013	-3,738	-2,005	16,596	12,165
Gain (Loss) on Sale of Investments	-	7,690	5,650	-13,187	10,584
Non-Insurance Activities Revenue	-	-	-	-	535
Other Revenue	4,971	1,225	1,183	2,935	2,571
Total Revenue	84,055	91,255	85,717	86,793	122,171
Revenue Growth (YoY)	-7.89%	6.46%	-1.24%	-28.96%	8.74%
Policy Benefits	69,183	78,032	73,957	75,537	88,434
Policy Acquisition & Underwriting Costs	-	-	-	-	13,053
Amortization of Goodwill & Intangibles	86	-	-	-	41
Selling, General & Administrative	-	-	-	-	10,386
Non-Insurance Activities Expense	-	-	-	-	63
Other Operating Expenses	2,900	2,776	2,924	3,840	461
Total Operating Expenses	72,169	80,808	76,881	79,377	112,438
Operating Income	11,886	10,447	8,836	7,416	9,733
Interest Expense	-928	-607	-611	-652	-462
Earnings From Equity Investments	168	173	249	-149	144
Other Non Operating Income (Expenses)	-	1	-1	-	-
EBT Excluding Unusual Items	11,126	10,014	8,473	6,615	9,415
Merger & Restructuring Charges	-197	-	-	-	-
Gain (Loss) on Sale of Investments	138	-	-	-	-
Asset Writedown	-813	-	-1	-	-218
Other Unusual Items	2,386	-36	-37	-32	-
Pretax Income	12,640	9,978	8,435	6,583	9,197
Income Tax Expense	2,644	2,459	1,399	1,376	1,689
Earnings From Continuing Ops.	9,996	7,519	7,036	5,207	7,508
Earnings From Discontinued Ops.	-	555	337	-	-
Net Income to Company	9,996	8,074	7,373	5,207	7,508
Minority Interest in Earnings	-199	-188	-184	-146	-214
Net Income	9,797	7,886	7,189	5,061	7,294
Preferred Dividends & Other Adjustments	174	201	185	182	194
Net Income to Common	9,623	7,685	7,004	4,879	7,100
Net Income Growth	24.23%	9.70%	42.05%	-30.61%	130.53%
Shares Outstanding (Basic)	2,118	2,191	2,232	2,290	2,380
Shares Outstanding (Diluted)	2,124	2,197	2,238	2,297	2,388
Shares Change (YoY)	-3.32%	-1.83%	-2.57%	-3.81%	0.04%
EPS (Basic)	4.54	3.51	3.14	2.13	2.98
EPS (Diluted)	4.53	3.50	3.13	2.12	2.97
EPS Growth	29.43%	11.82%	47.64%	-28.62%	137.60%
Free Cash Flow	-	11,402	3,573	8,307	6,176
Free Cash Flow Per Share	-	5.19	1.60	3.62	2.59
Dividend Per Share	-	2.150	1.980	1.700	1.540
Dividend Growth	-	8.59%	16.47%	10.39%	7.69%
Operating Margin	14.14%	11.45%	10.31%	8.54%	7.97%
Profit Margin	11.45%	8.42%	8.17%	5.62%	5.81%
Free Cash Flow Margin	-	12.50%	4.17%	9.57%	5.05%
EBITDA	11,972	-	-	8,286	10,603
EBITDA Margin	14.24%	-	-	9.55%	8.68%
D&A For EBITDA	86	-	-	870	870
EBIT	11,886	10,447	8,836	7,416	9,733
EBIT Margin	14.14%	11.45%	10.31%	8.54%	7.97%
Effective Tax Rate	20.92%	24.64%	16.59%	20.90%	18.37%

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