GSK plc (GSK)
NYSE: GSK · Real-Time Price · USD
48.74
-2.20 (-4.32%)
At close: Oct 28, 2026, 4:00 PM EDT
48.81
+0.07 (0.14%)
After-hours: Oct 28, 2026, 7:54 PM EDT
GSK Cash Flow Statement
Financials in millions GBP. Fiscal year is January - December.
Millions GBP. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 1,543 | 435 | 1,737 | 636 | 2,013 | 1,443 | 1,624 | 414 | -58 | 1,173 | 1,046 | 350 | 1,464 | 1,624 | 1,490 | 1,495 | 10,821 | 838 | 1,802 | 749 |
Depreciation & Amortization | 2,841 | 223 | 463 | -626 | 738 | 619 | 823 | 201 | 951 | 639 | 549 | 420 | 579 | 452 | 640 | -348 | 956 | 917 | 418 | 307 |
Other Amortization | - | - | - | 220 | - | - | - | 211 | - | - | - | 203 | - | - | - | 204 | - | - | - | - |
Loss (Gain) From Sale of Assets | - | - | - | -40 | - | - | - | -159 | - | - | - | -12 | - | - | - | -221 | - | - | - | -586 |
Asset Writedown & Restructuring Costs | -2,067 | 2,067 | - | 1,143 | - | 540 | - | 369 | - | - | - | 360 | - | - | - | 198 | - | - | - | 498 |
Loss (Gain) From Sale of Investments | - | - | - | -4 | - | - | - | -16 | - | - | - | - | - | - | -1 | -1 | - | - | - | -8 |
Loss (Gain) on Equity Investments | 2 | 3 | 4 | 1 | -4 | 2 | - | - | 1 | 1 | 1 | 1 | - | 2 | 2 | -2 | 1 | 2 | 1 | 2 |
Stock-Based Compensation | - | - | - | 374 | - | - | - | 344 | - | - | - | 307 | - | - | - | 346 | - | - | - | 343 |
Other Operating Activities | -77 | -598 | 19 | 167 | -35 | 523 | -514 | 1,444 | -404 | -82 | -327 | -152 | -89 | -83 | 67 | 1,364 | -10,454 | -504 | 159 | 136 |
Change in Accounts Receivable | - | - | - | -613 | - | - | - | 298 | - | - | - | -794 | - | - | - | -158 | - | - | - | -780 |
Change in Inventory | - | - | - | -140 | - | - | - | -294 | - | - | - | -424 | - | - | - | -269 | - | - | - | 51 |
Change in Accounts Payable | - | - | - | 131 | - | - | - | -179 | - | - | - | -15 | - | - | - | 494 | - | - | - | 229 |
Change in Other Net Operating Assets | 567 | 560 | -1,082 | 1,029 | -490 | -1,031 | -788 | -304 | 1,664 | -618 | -311 | 2,952 | 258 | -688 | -2,145 | -1,201 | 7 | -57 | -174 | 2,035 |
Operating Cash Flow | 2,809 | 2,690 | 1,141 | 2,278 | 2,222 | 2,096 | 1,145 | 2,329 | 2,154 | 1,113 | 958 | 3,196 | 2,212 | 1,307 | 53 | 1,905 | 1,321 | 1,635 | 2,542 | 3,767 |
Operating Cash Flow Growth (YoY) | 26.42% | 28.34% | -0.35% | -2.19% | 3.16% | 88.32% | 19.52% | -27.13% | -2.62% | -14.84% | 1707.55% | 67.77% | 67.45% | -20.06% | -97.91% | -49.43% | -48.44% | - | 667.98% | -2.28% |
Investing Activities
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -374 | -328 | -221 | -573 | -311 | -256 | -208 | -544 | -305 | -302 | -248 | -486 | -299 | -296 | -233 | -438 | -275 | -237 | -193 | -374 |
Sale of Property, Plant & Equipment | 3 | 3 | 27 | 13 | 5 | 5 | 1 | 61 | 1 | 2 | 1 | 7 | 11 | 3 | 7 | 133 | 7 | - | 6 | 14 |
Cash Acquisitions | -7,252 | -683 | -1,408 | -43 | -860 | -3 | -803 | -65 | -4 | -33 | -722 | -2 | -63 | -1,402 | -1 | -83 | -3,032 | -46 | -26 | -32 |
Divestitures | -13 | 15 | 245 | 1 | 1 | -28 | -1 | -5 | -3 | -7 | -3 | -7 | -2 | 64 | -6 | -24 | -7 | -13 | 1 | 8 |
Sale (Purchase) of Intangibles | -158 | -32 | -160 | -449 | -532 | -377 | -164 | -586 | -439 | -139 | -288 | -297 | -198 | -231 | -292 | -243 | -92 | -212 | -372 | 110 |
Investment in Securities | 8 | 142 | 6 | 11 | 124 | -5 | -22 | -26 | -11 | 1,209 | 1,059 | 992 | 39 | 796 | -45 | 102 | 52 | -14 | -45 | -9 |
Other Investing Activities | 78 | 94 | 45 | 107 | 42 | 39 | 53 | 46 | 30 | 40 | 52 | 61 | 21 | 102 | 162 | 13 | -747 | -23 | -2,964 | -78 |
Investing Cash Flow | -7,708 | -789 | -1,466 | -933 | -1,531 | -625 | -1,144 | -1,119 | -731 | 770 | -149 | 268 | -491 | -964 | -408 | -540 | -4,094 | -545 | -3,593 | -361 |
Financing Activities
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | - | 1,202 | - | - | - | 59 | - | - | - | - | - | - | - | 552 | - | - | - | - | - |
Long-Term Debt Issued | - | - | - | - | - | - | 2,018 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Debt Issued | 6,315 | 273 | 1,202 | 552 | -80 | 645 | 2,077 | 1,341 | - | - | - | -1,409 | -615 | 1,695 | 552 | 1,233 | 813 | - | - | 301 |
Short-Term Debt Repaid | - | - | -20 | - | - | - | -159 | - | - | - | -323 | - | - | - | - | - | - | - | -249 | - |
Long-Term Debt Repaid | - | - | -53 | - | - | - | -57 | - | - | - | -57 | - | - | - | -191 | - | - | - | -51 | - |
Lease Payments | -46 | -53 | -53 | -75 | -56 | -53 | -57 | -56 | -56 | -57 | -57 | -49 | -54 | -47 | -47 | -53 | -50 | -48 | -51 | -47 |
Total Debt Repaid | -939 | -958 | -73 | -79 | -62 | -1,572 | -216 | -1,153 | -604 | -596 | -380 | -1,410 | -483 | -706 | -191 | -1,692 | -2,014 | -2,864 | -300 | -1,772 |
Net Debt Issued (Repaid) | 5,376 | -685 | 1,129 | 473 | -142 | -927 | 1,861 | 188 | -604 | -596 | -380 | -2,819 | -1,098 | 989 | 361 | -459 | -1,201 | -2,864 | -300 | -1,471 |
Issuance of Common Stock | - | 1 | 8 | 1 | - | 2 | 12 | - | 1 | 1 | 18 | 1 | - | 3 | 8 | - | 8 | 7 | 17 | 1 |
Repurchase of Common Stock | - | -308 | -326 | -252 | -317 | -561 | -247 | - | - | - | - | - | - | - | -2 | - | - | - | -7 | - |
Common Dividends Paid | -682 | -727 | -643 | -646 | -650 | -656 | -612 | -612 | -612 | -652 | -568 | -568 | -567 | -557 | -555 | -654 | -705 | -1,156 | -952 | -951 |
Other Financing Activities | -24 | -430 | 104 | -432 | -206 | -230 | -156 | -418 | -25 | -337 | -130 | -206 | -97 | -404 | -130 | -225 | 572 | -473 | 9,215 | -353 |
Financing Cash Flow | 4,670 | -2,149 | 272 | -856 | -1,315 | -2,372 | 858 | -842 | -1,240 | -1,584 | -1,060 | -3,592 | -1,762 | 31 | -318 | -1,338 | -1,326 | -4,486 | 7,973 | -2,774 |
Net Cash Flow
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -34 | -7 | 2 | -41 | 59 | -26 | -11 | 7 | -34 | -8 | -19 | -34 | 23 | -57 | -31 | 46 | 23 | 71 | 12 | -8 |
Miscellaneous Cash Flow Adjustments | - | 43 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Cash Flow | -263 | -212 | -51 | 448 | -565 | -927 | 848 | 375 | 149 | 291 | -270 | -162 | -18 | 317 | -704 | 73 | -4,076 | -3,325 | 6,934 | 624 |
Free Cash Flow
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 2,435 | 2,362 | 920 | 1,705 | 1,911 | 1,840 | 937 | 1,785 | 1,849 | 811 | 710 | 2,710 | 1,913 | 1,011 | -180 | 1,467 | 1,046 | 1,398 | 2,349 | 3,393 |
Free Cash Flow Growth (YoY) | 27.42% | 28.37% | -1.81% | -4.48% | 3.35% | 126.88% | 31.97% | -34.13% | -3.35% | -19.78% | - | 84.73% | 82.89% | -27.68% | - | -56.76% | -55.26% | - | 1706.92% | 1.56% |
Free Cash Flow Margin | - | 28.09% | 12.06% | 19.78% | 22.36% | 23.04% | 12.47% | 21.99% | 23.08% | 10.29% | 9.64% | 33.66% | 23.48% | 14.09% | -2.59% | 19.89% | 13.36% | 20.18% | 32.67% | 47.95% |
Free Cash Flow Per Share | 0.60 | 0.58 | 0.23 | 0.42 | 0.47 | 0.45 | 0.23 | 0.43 | 0.45 | 0.20 | 0.17 | 0.66 | 0.47 | 0.25 | -0.04 | 0.36 | 0.26 | 0.34 | 0.58 | 0.84 |
Levered Free Cash Flow | - | 1,099 | 484.63 | 222.75 | 1,385 | 367 | 749.5 | 1,937 | 1,887 | 510.38 | 578.88 | 3,032 | 1,345 | 713.25 | -1,248 | 1,006 | 20,273 | -16,904 | -333.25 | 4,487 |
Unlevered Free Cash Flow | - | 1,212 | 589 | 313.38 | 1,489 | 482 | 850.75 | 2,012 | 1,984 | 619.13 | 682.63 | 3,124 | 1,457 | 828.25 | -1,123 | 1,139 | 20,398 | -16,777 | -205.13 | 4,602 |
Free Cash Flow After Leases | 2,389 | 2,309 | 867 | 1,630 | 1,855 | 1,787 | 880 | 1,729 | 1,793 | 754 | 653 | 2,661 | 1,859 | 964 | -227 | 1,414 | 996 | 1,350 | 2,298 | 3,346 |
Additional Metrics
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 88 | 258 | 85 | 295 | 59 | 256 | 69 | 247 | 43 | 271 | 71 | 286 | 32 | 328 | 120 | 344 | 67 | 355 | 82 | 298 |
Cash Income Tax Paid | 313 | 216 | 209 | 411 | 298 | 337 | 156 | 257 | 345 | 537 | 168 | 485 | 296 | 313 | 234 | 200 | 576 | 388 | 146 | 353 |
Change in Working Capital | 567 | 560 | -1,082 | 407 | -490 | -1,031 | -788 | -479 | 1,664 | -618 | -311 | 1,719 | 258 | -688 | -2,145 | -1,134 | 7 | -57 | -174 | 1,535 |