Thomson Reuters Income Statement

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

Millions USD. 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	7,476	7,258	6,794	6,627	6,348
Revenue Growth (YoY)	3.00%	6.83%	2.52%	4.40%	6.08%
Cost of Revenue	4,578	4,471	4,134	4,280	4,370
Gross Profit	2,898	2,787	2,660	2,347	1,978
Selling, General & Admin	-4,265	-4,199	-	-	-
Depreciation & Amortization Expenses	930	822	725	724	770
Other Operating Expenses	-477	-416	-397	-211	-34
Total Operating Expenses	-3,812	-3,793	328	513	736
Operating Income	2,132	2,109	2,332	1,834	1,242
Interest Income	-83	85	883	12	6,240
Interest Expense	-143	-125	-152	-196	-188
Total Non-Operating Income (Expense)	-226	-40	731	-184	6,052
Pretax Income	1,906	2,069	3,063	1,650	7,294
Provision for Income Taxes	423	-123	417	259	1,607
Net Income	1,502	2,210	2,695	1,338	5,689
Minority Interest in Earnings	-	-3	-	-	-
Earnings From Discontinued Operations	19	15	49	-53	2
Net Income to Common	1,502	2,210	2,695	1,338	5,689
Net Income Growth	-32.04%	-18.00%	101.42%	-76.48%	407.04%
Shares Outstanding (Basic)	449	451	463	484	476
Shares Outstanding (Diluted)	450	451	464	485	477
Shares Change (YoY)	-0.38%	-2.74%	-4.32%	1.73%	-0.71%
EPS (Basic)	3.34	4.89	5.81	2.76	11.96
EPS (Diluted)	3.33	4.89	5.80	2.75	11.93
EPS Growth	-31.90%	-15.69%	110.91%	-76.95%	411.11%
Free Cash Flow	2,017	1,850	1,797	1,320	1,286
Free Cash Flow Growth	9.03%	2.95%	36.14%	2.64%	3.63%
Free Cash Flow Per Share	4.49	4.10	3.87	2.72	2.70
Dividends Per Share	2.380	2.160	1.960	1.847	1.681
Dividend Growth	10.18%	10.20%	6.14%	9.88%	6.58%
Gross Margin	38.76%	38.40%	39.15%	35.42%	31.16%
Operating Margin	28.52%	29.06%	34.32%	27.67%	19.57%
Profit Margin	19.84%	30.20%	38.95%	20.99%	89.59%
FCF Margin	26.98%	25.49%	26.45%	19.92%	20.26%
EBITDA	3,062	2,931	3,057	2,558	2,012
EBITDA Margin	40.96%	40.38%	45.00%	38.60%	31.70%
EBIT	2,132	2,109	2,332	1,834	1,242
EBIT Margin	28.52%	29.06%	34.32%	27.67%	19.57%
Effective Tax Rate	22.19%	-5.94%	13.61%	15.70%	22.03%

Updated Feb 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

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