Financial statements and analysis
Showing the last 6 fiscal years: 2020 to 2025
Chart shows data from left to right: oldest period → newest period
X-axis shows fiscal years with their term end dates and filing dates
Period names from company filings, with term end dates and filing dates
Income Statement (GBP) Term End Date Filing Date | 2025 Dec 31, 2025 Dec 31, 2025 | 2024 Dec 31, 2024 Dec 31, 2024 | 2023 Dec 31, 2023 Dec 31, 2023 | 2022 Dec 31, 2022 Dec 31, 2022 | 2021 Dec 31, 2021 Dec 31, 2021 | 2020 Dec 31, 2020 Dec 31, 2020 | 2019 Dec 31, 2019 Dec 31, 2019 | 2018 Dec 31, 2018 Dec 31, 2018 |
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Total Revenue | 21.20B 12.1% | 18.91B 14.7% | 16.49B 21.9% | 13.52B 20.5% | 11.22B 5.1% | 11.82B 28.7% | 16.59B 5.5% | 15.73B 3.5% |
Cost of Revenue | 15.29B 4.1% | 14.69B 14.2% | 12.87B 19.5% | 10.76B 18.5% | 9.08B 24.5% | 12.03B 23.1% | 15.64B 7.7% | 14.53B 10.6% |
Gross Profit | 5.92B 40.2% | 4.22B 16.6% | 3.62B 31.3% | 2.76B 29.1% | 2.14B 1117.1% | -210.00M 122.3% | 942.00M 21.4% | 1.20B 62.2% |
Gross Margin % | 28.00% 27.3% | 22.00% 0.0% | 22.00% 10.0% | 20.00% 5.3% | 19.00% 1050.0% | -2.00% 133.3% | 6.00% 25.0% | 8.00% 57.9% |
Research & Development | 393.94M 94.1% | 203.00M 72.5% | 739.00M 7.3% | 797.00M 12.6% | 708.00M 6.1% | 667.00M 13.4% | 770.00M 19.0% | 647.00M 18.6% |
General & Administrative | 1.27B 1.2% | 1.28B 15.7% | 1.11B 3.1% | 1.08B 21.0% | 890.00M 10.1% | 808.00M 28.4% | 1.13B 29.3% | 1.59B 30.5% |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 1.27B 1.2% | 1.28B 15.7% | 1.11B 3.1% | 1.08B 21.0% | 890.00M 10.1% | 808.00M 28.4% | 1.13B 29.3% | 1.59B 30.5% |
Other Operating Expenses | -987.05M 473.9% | -172.00M 0.6% | -173.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Total Operating Expenses | 674.89M 48.7% | 1.31B 21.5% | 1.68B 14.8% | 1.97B 18.0% | 1.67B 19.1% | 2.06B 8.6% | 1.90B 19.7% | 2.36B 17.2% |
Cost and Expenses | 15.96B 0.3% | 16.00B 10.0% | 14.54B 14.2% | 12.73B 18.4% | 10.75B 23.7% | 14.10B 19.6% | 17.54B 3.8% | 16.89B 11.5% |
Operating Income | 5.24B 80.4% | 2.91B 49.5% | 1.94B 132.3% | 837.00M 63.2% | 513.00M 124.7% | -2.08B 144.2% | -852.00M 26.6% | -1.16B 190.2% |
Operating Margin % | 25.00% 66.7% | 15.00% 25.0% | 12.00% 100.0% | 6.00% 20.0% | 5.00% 127.8% | -18.00% 260.0% | -5.00% 28.6% | -7.00% 187.5% |
EBITDA | 4.55B 30.6% | 3.48B 7.0% | 3.74B 1908.7% | -207.00M 121.3% | 973.00M 686.1% | -166.00M 136.1% | 460.00M 126.2% | -1.75B 173.1% |
EBITDA Margin % | 21.00% 16.7% | 18.00% 21.7% | 23.00% 1250.0% | -2.00% 122.2% | 9.00% 1000.0% | -1.00% 133.3% | 3.00% 127.3% | -11.00% 173.3% |
Interest Expense | 425.93M 17.7% | 362.00M 37.4% | 578.00M 68.5% | 343.00M 36.1% | 252.00M 40.0% | 180.00M 1.1% | 182.00M 70.1% | 107.00M 59.7% |
Interest Income | 270.96M 0.7% | 269.00M 77.0% | 152.00M 334.3% | 35.00M 400.0% | 7.00M 68.2% | 22.00M 29.0% | 31.00M 14.8% | 27.00M 145.5% |
Other Income (Expense) | 1.69B 351.9% | -672.00M 239.1% | 483.00M 120.6% | -2.34B 189.8% | -807.00M 2.4% | -827.00M 2020.5% | -39.00M 97.8% | -1.79B 139.4% |
Pre-Tax Income | 6.93B 210.4% | 2.23B 8.0% | 2.43B 261.6% | -1.50B 410.9% | -294.00M 89.9% | -2.91B 226.6% | -891.00M 69.8% | -2.95B 160.2% |
Pre-Tax Margin % | 33.00% 175.0% | 12.00% 20.0% | 15.00% 236.4% | -11.00% 266.7% | -3.00% 88.0% | -25.00% 400.0% | -5.00% 73.7% | -19.00% 163.3% |
Tax Provision | 1.10B 539.5% | -250.00M 1187.0% | 23.00M 107.5% | -308.00M 26.3% | -418.00M 261.4% | 259.00M 38.3% | 420.00M 175.8% | -554.00M 180.4% |
Net Income | 5.84B 131.7% | 2.52B 4.5% | 2.41B 290.1% | -1.27B 1157.5% | 120.00M 103.8% | -3.17B 141.1% | -1.31B 45.2% | -2.40B 171.0% |
Net Margin % | 28.00% 115.4% | 13.00% 13.3% | 15.00% 266.7% | -9.00% 1000.0% | 1.00% 103.7% | -27.00% 237.5% | -8.00% 46.7% | -15.00% 171.4% |
Basic EPS | 0.70 133.3% | 0.30 3.4% | 0.29 293.3% | -0.15 885.3% | 0.02 103.6% | -0.53 120.8% | -0.24 45.5% | -0.44 169.8% |
Diluted EPS | 0.69 130.0% | 0.30 3.4% | 0.29 293.3% | -0.15 850.0% | 0.02 103.8% | -0.53 120.8% | -0.24 45.5% | -0.44 169.8% |
Basic Shares Outstanding | 8.41B 0.3% | 8.39B 0.2% | 8.40B 0.7% | 8.35B 0.2% | 8.33B 39.2% | 5.99B 7.9% | 5.55B 2.4% | 5.42B 1.4% |
Diluted Shares Outstanding | 8.45B 0.1% | 8.44B 0.4% | 8.40B 0.7% | 8.35B 0.0% | 8.35B 39.5% | 5.99B 7.9% | 5.55B 2.4% | 5.42B 1.0% |