GSK revenue and financials
Secondary listing. The primary listing is GSK · LSE (GBp)
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In the fiscal year ended December 2025, GSK reported revenue of £32.67B (+4.11% year over year). Net income was £5.72B, a net margin of 17.5%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +4.11%
- 2025 vs 2024
- Net income growth
- +121.98%
- 2025 vs 2024
- Net margin
- 17.5%
- 2024: 8.2%
Financial data
Amounts in millions of GBP; per-share values in GBP; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 32,667 | 31,376 | 30,328 | 29,324 | 24,696 | 24,354 | 33,754 | 30,821 | 30,186 | 27,889 |
| Cost of revenue | 9,017 | 9,048 | 8,565 | 9,554 | 8,163 | 7,929 | 11,863 | 10,241 | 10,342 | 9,290 |
| Gross profit | 23,650 | 22,328 | 21,763 | 19,770 | 16,533 | 16,425 | 21,891 | 20,580 | 19,844 | 18,599 |
| Selling, general and administrative | 9,013 | 10,847 | 9,156 | 8,179 | 6,784 | — | — | — | — | — |
| Research and development | 7,525 | 6,401 | 6,223 | 5,488 | 5,019 | 4,793 | 4,568 | 3,893 | 4,476 | 3,628 |
| Operating income | 7,932 | 4,021 | 6,745 | 6,433 | 4,357 | 5,979 | 6,961 | 5,483 | 4,087 | 2,598 |
| EBIT | 9,447 | 6,190 | 8,403 | 7,322 | 5,634 | — | — | — | — | — |
| EBITDA | 11,335 | 8,319 | 10,507 | 9,293 | 7,756 | — | — | — | — | — |
| Interest expense | 701 | 669 | 792 | 879 | 769 | 874 | 912 | 798 | 734 | 736 |
| Pre-tax income | 7,401 | 3,477 | 6,064 | 5,628 | 3,599 | — | — | — | — | — |
| Income tax | 1,112 | 526 | 756 | 707 | 83.0 | 67.0 | 953 | 754 | 1,356 | 877 |
| Net income | 5,716 | 2,575 | 4,928 | 14,956 | 4,385 | 5,749 | 4,645 | 3,623 | 1,532 | 912 |
| Net income to common shareholders | 5,716 | 2,575 | 4,928 | 14,956 | 4,385 | — | — | — | — | — |
| Basic EPS | 1.41 | 0.63 | 1.22 | 3.71 | 1.10 | 1.44 | 0.94 | 0.74 | 0.31 | 0.19 |
| Diluted EPS | 1.39 | 0.62 | 1.20 | 3.66 | 1.08 | 1.43 | 0.93 | 0.73 | 0.31 | 0.19 |
| Average shares (basic) | 4,051 | 4,077 | 4,052 | 4,026 | 4,003 | — | — | — | — | — |
| Average shares (diluted) | 4,117 | 4,142 | 4,111 | 4,084 | 4,052 | — | — | — | — | — |
| Dividend per share | 0.66 | 0.61 | 0.58 | 0.61 | 1.00 | — | — | — | — | — |