Formula One Group (FWONK)

NASDAQ: FWONK · Real-Time Price · USD

100.00

-1.89 (-1.85%)

At close: Jul 30, 2026, 4:00 PM EDT

101.49

+1.49 (1.49%)

After-hours: Jul 30, 2026, 7:34 PM EDT

Formula One Group Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	4,040	3,653	3,222	2,573	2,136	1,145
Revenue Growth	8.72%	13.38%	25.22%	20.46%	86.55%	-43.37%
Gross Profit	1,329	1,165	982	823	647	171
Operating Income	504	392	297	173	40	-444
Net Income	222	-30	185	558	-190	-596
Earnings Per Share	0.84	-0.13	0.62	2.15	-0.82	-2.57
EPS Growth	-27.57%	-	-71.28%	-	-	-

Revenue by Segment

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
Primary Formula 1	3,263	3,086	2,757	2,560	2,107	1,850
Other Formula 1	824	787	654	662	466	286
MotoGP	-	325	-	-	-	-
Corporate and Other	367	414	373	366	588	568
Eliminations	-127	-130	-131	-16	-	-
Revenue (Total)	4,746	4,482	3,653	3,572	3,161	11,400

Cash & Debt

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Investments	1,291	2,631	1,408	1,733	2,074	1,684
Total Debt	5,164	3,036	2,944	2,947	3,631	3,759
Net Cash (Debt)	-3,873	-405	-1,536	-1,214	-1,557	-2,075
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-15.41	-1.69	-6.40	-4.98	-6.71	-8.94

Cash Flow & CapEx

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Cash Flow	793	567	619	534	481	-139
Capital Expenditures	-81	-75	-426	-291	-17	-21
Free Cash Flow	712	492	193	243	464	-160
Free Cash Flow Growth	47.72%	154.92%	-20.58%	-47.63%	-	-

Margins

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Gross Margin	32.90%	31.89%	30.48%	31.99%	30.29%	14.93%
Operating Margin	12.47%	10.73%	9.22%	6.72%	1.87%	-38.78%
Pretax Margin	7.95%	0.47%	6.55%	9.76%	-7.35%	-61.66%
Profit Margin	5.50%	-0.82%	5.74%	21.69%	-8.89%	-52.05%
FCF Margin	17.62%	13.47%	5.99%	9.44%	21.72%	-13.97%

Valuation

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jul '26 Jul 31, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
PE Ratio	104.53	-	79.28	24.73	-	-
Forward PE	44.35	67.19	91.19	181.43	-	-
P/FCF Ratio	31.88	46.37	76.00	56.78	31.26	-
PS Ratio	5.61	6.25	4.55	5.36	6.79	8.52