Formula One Group Income Statement

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

Millions USD. 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	4,746	4,482	3,653	3,572	3,161	11,400
Revenue Growth (YoY)	35.10%	22.69%	2.27%	13.00%	-72.27%	21.76%
Cost of Revenue	3,059	2,971	2,488	2,240	1,750	5,457
Gross Profit	1,687	1,511	1,165	1,332	1,411	5,943
Selling, General & Admin	531	514	421	659	393	1,907
Depreciation & Amortization Expenses	428	393	352	406	433	1,072
Other Operating Expenses	17	27	105	1	440	987
Total Operating Expenses	976	934	878	1,066	1,266	3,966
Operating Income	712	577	287	266	145	1,977
Interest Expense	-262	-249	-208	-234	-186	-642
Other Non-Operating Income (Expense)	558	405	-79	65	748	-546
Total Non-Operating Income (Expense)	103	156	-287	-169	562	-1,188
Pretax Income	815	733	0	97	707	789
Provision for Income Taxes	171	137	44	24	-202	45
Net Income	607	555	-2,063	761	1,815	398
Minority Interest in Earnings	-	-	-412	201	227	238
Earnings From Discontinued Operations	-41	-41	-2,431	889	1,120	-
Net Income to Common	607	555	-2,063	761	1,815	398
Net Income Growth	-	-	-	-58.07%	356.03%	-
Shares Outstanding (Basic)	242	250	240	234	233	232
Shares Outstanding (Diluted)	247	258	243	240	244	240
Shares Change (YoY)	-3.70%	6.17%	1.25%	-1.64%	1.67%	-3.30%
EPS (Basic)	2.11	2.41	-0.13	0.79	7.79	1.72
EPS (Diluted)	1.76	2.17	-0.13	0.62	7.44	1.66
EPS Growth	-	-	-	-91.66%	348.56%	-
Shares Outstanding	250.61	250.47	249.26	234.62	233.87	242.13
Free Cash Flow	768	789	492	190	269	1,997
Free Cash Flow Growth	-2.66%	60.37%	158.95%	-29.37%	-86.53%	56.26%
Free Cash Flow Per Share	3.11	3.06	2.02	0.79	1.10	8.32
Gross Margin	35.55%	33.71%	31.89%	37.29%	44.64%	52.13%
Operating Margin	15.00%	12.87%	7.86%	7.45%	4.59%	17.34%
Profit Margin	12.71%	12.38%	-67.75%	26.93%	64.19%	6.53%
FCF Margin	16.18%	17.60%	13.47%	5.32%	8.51%	17.52%
EBITDA	1,140	970	639	672	578	3,049
EBITDA Margin	24.02%	21.64%	17.49%	18.81%	18.29%	26.75%
EBIT	712	577	287	266	145	1,977
EBIT Margin	15.00%	12.87%	7.86%	7.45%	4.59%	17.34%
Effective Tax Rate	20.98%	18.69%	-	24.74%	-28.57%	5.70%

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q