Next revenue and financials
14,270.00 GBpChange from previous close: +0.63%Absolute change: +90.00 GBp
In the fiscal year ended January 2026, Next reported revenue of £6.9B (+12.80% year over year). Net income was £888.5M, a net margin of 12.9%.
Fiscal year ending in January. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +12.80%
- FY to Jan 2026 vs FY to Jan 2025
- Net income growth
- +20.70%
- FY to Jan 2026 vs FY to Jan 2025
- Net margin
- 12.9%
- FY to Jan 2025: 12.0%
Financial data
Amounts in millions of GBP; per-share values in GBP; shares in millions.
| Item | FY to Jan 2026 | FY to Jan 2025 | FY to Jan 2024 | FY to Jan 2023 | FY to Jan 2022 |
|---|---|---|---|---|---|
| Total assets | 4,915 | 4,873 | 4,724 | 3,984 | — |
| Current assets | 2,742 | 2,650 | 2,448 | 2,235 | — |
| Cash and equivalents | 96.2 | 200 | 188 | 105 | — |
| Short-term investments | — | — | 6.9 | 9.1 | 35.5 |
| Inventory | 950 | 865 | 769 | 662 | — |
| Net property, plant and equipment | 1,401 | 1,424 | 1,422 | 1,307 | — |
| Goodwill | 218 | 218 | 216 | 55.5 | — |
| Other intangible assets | 496 | 518 | 542 | 81.6 | — |
| Long-term investments | 35.2 | 30.3 | 35.9 | 113 | — |
| Current liabilities | 1,554 | 1,566 | 1,246 | 1,093 | — |
| Accounts payable | 341 | 356 | 297 | 230 | — |
| Long-term debt | 600 | 544 | 820 | 791 | — |
| Total debt | 1,809 | 1,869 | 1,917 | 1,916 | — |
| Total liabilities | 3,135 | 3,118 | 3,086 | 2,819 | — |
| Total equity (incl. minority) | 1,781 | 1,754 | 1,639 | 1,165 | — |
| Retained earnings | 3,494 | 3,420 | 3,271 | 2,985 | — |
| Minority interest | 118 | 118 | 127 | 4.6 | — |