Pearson Income Statement

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

Millions GBP. 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
Revenue	3,577	3,552	3,674	3,841	3,428
Revenue Growth (YoY)	0.70%	-3.32%	-4.35%	12.05%	0.91%
Cost of Revenue	1,717	1,741	1,839	2,046	1,747
Gross Profit	1,860	1,811	1,835	1,795	1,681
Other Operating Expenses	1,353	1,270	1,337	1,524	1,498
Total Operating Expenses	1,353	1,270	1,337	1,524	1,498
Operating Income	507	541	498	271	183
Interest Income	48	81	76	123	62
Interest Expense	-98	-112	-81	-71	-68
Total Non-Operating Income (Expense)	-50	-31	-5	52	-6
Pretax Income	457	510	493	323	177
Provision for Income Taxes	121	75	113	79	-1
Net Income	335	434	378	242	177
Minority Interest in Earnings	1	1	2	2	1
Net Income to Common	335	434	378	242	177
Net Income Growth	-22.81%	14.82%	56.20%	36.72%	-46.36%
Shares Outstanding (Basic)	651	673	712	738	754
Shares Outstanding (Diluted)	660	684	717	742	759
Shares Change (YoY)	-3.46%	-4.64%	-3.33%	-2.25%	0.49%
EPS (Basic)	0.51	0.65	0.53	0.33	0.23
EPS (Diluted)	0.51	0.64	0.53	0.33	0.23
EPS Growth	-20.16%	20.49%	61.66%	39.91%	-46.66%
Free Cash Flow	627	594	495	304	262
Free Cash Flow Growth	5.56%	20.00%	62.83%	16.03%	-22.02%
Free Cash Flow Per Share	0.95	0.87	0.69	0.41	0.35
Dividends Per Share	0.252	0.240	0.227	0.215	0.205
Dividend Growth	5.00%	5.73%	5.58%	4.88%	5.13%
Gross Margin	52.00%	50.99%	49.95%	46.73%	49.04%
Operating Margin	14.17%	15.23%	13.55%	7.06%	5.34%
Profit Margin	9.39%	12.25%	10.34%	6.35%	5.19%
FCF Margin	17.53%	16.72%	13.47%	7.91%	7.64%
EBITDA	1,078	1,067	1,041	889	870
EBITDA Margin	30.14%	30.04%	28.33%	23.15%	25.38%
EBIT	507	541	498	271	183
EBIT Margin	14.17%	15.23%	13.55%	7.06%	5.34%
Effective Tax Rate	26.48%	14.71%	22.92%	24.46%	-0.56%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q