Mandatum revenue and financials

MANTA · Nasdaq Helsinki · EUR

€6.05Change from previous close: −0.58%Absolute change: −€0.04

Close · October 7, 2026

In the fiscal year ended December 2025, Mandatum reported revenue of €979.4M (−30.78% year over year). Net income was €156M, a net margin of 15.9%.

Annual revenue · 2025: €979.4M
  1. €1.29B2023
  2. €1.41B2024
  3. €979.4M2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
−30.78%
2025 vs 2024
Net income growth
−5.40%
2025 vs 2024
Net margin
15.9%
2024: 11.7%

Financial data

Amounts in millions of EUR; per-share values in EUR; shares in millions.

Cash flow · Annual
Item2025202420232022
Operating cash flow12772.2280-15.7
Depreciation and amortization4.74.64.88.6
Capital expenditure-3.1-2.3-5.5-4.2
Investing cash flow15.3-2.314.2-11.3
Financing cash flow-34582.0-281-167
Dividends paid-332-166-150-150
Debt issued0.04980.0—
Debt repaid-11.2-250-1000.0
Net change in cash-20315213.8-194
Free cash flow12469.9275-19.9