Primo Brands 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	Jan '22 Jan 1, 2022
Revenue	6,676	6,664	5,153	4,699	4,441	1,576
Revenue Growth (YoY)	18.58%	29.34%	9.66%	5.80%	181.72%	-19.30%
Cost of Revenue	4,712	4,644	3,531	3,347	3,447	685.4
Gross Profit	1,964	2,020	1,622	1,352	994.2	891
Selling, General & Admin	1,399	1,390	1,051	924.2	887	769.8
Other Operating Expenses	114	199.4	210.7	21.8	83.9	18.2
Total Operating Expenses	1,513	1,590	1,261	946	970.9	788
Operating Income	415.2	430.4	360.3	406	23.3	103
Interest Expense	-340.4	-345.1	-339.6	-288.1	-203.1	-68.3
Other Non-Operating Income (Expense)	-58.6	-59.7	-	-	-	22.1
Total Non-Operating Income (Expense)	-399	-404.8	-339.6	-288.1	-203.1	-46.2
Pretax Income	133.4	145	20.7	117.9	-179.8	12.6
Provision for Income Taxes	60.4	64.6	33.3	25.1	-53.1	7.7
Net Income	58.7	-60.1	16.4	-63.9	160.5	-3.2
Net Income Attributable to Preferred Dividends	-	-	-	28.9	33.8	-
Earnings From Discontinued Operations	-14.3	-20.3	-3.8	-	-	-8.1
Net Income to Common	58.7	-60.1	16.4	-63.9	160.5	-3.2
Shares Outstanding (Basic)	370	374	242	218	218	161
Shares Outstanding (Diluted)	371	375	242	218	218	161
Shares Change (YoY)	31.17%	54.70%	10.98%	0.02%	35.77%	3.43%
EPS (Basic)	0.16	0.16	-0.07	0.29	-0.74	-0.02
EPS (Diluted)	0.14	0.16	-0.07	0.29	-0.74	-0.02
EPS Growth	100.00%	-	-	-	-	-
Shares Outstanding	362.93	363.94	379.79	1.03	1	160.73
Free Cash Flow	325.4	302.9	313.6	117.3	-150.2	96.1
Free Cash Flow Growth	7.43%	-3.41%	167.35%	-	-	20.73%
Free Cash Flow Per Share	0.88	0.81	1.29	0.54	-0.69	0.60
Dividends Per Share	0.420	0.400	0.090	-	-	-
Dividend Growth	5.00%	344.44%	-	-	-	-
Gross Margin	29.42%	30.32%	31.47%	28.77%	22.39%	56.52%
Operating Margin	6.22%	6.46%	6.99%	8.64%	0.52%	6.53%
Profit Margin	1.09%	1.21%	-0.24%	1.98%	-2.85%	0.31%
FCF Margin	4.87%	4.55%	6.09%	2.50%	-3.38%	6.10%
EBITDA	1,038	1,041	693.6	711.7	349.5	263.2
EBITDA Margin	15.54%	15.62%	13.46%	15.15%	7.87%	16.70%
EBIT	415.2	430.4	360.3	406	23.3	103
EBIT Margin	6.22%	6.46%	6.99%	8.64%	0.52%	6.53%
Effective Tax Rate	45.28%	44.55%	160.87%	21.29%	29.53%	61.11%

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

SEC Filings: 10-K · 10-Q