Recordati

REC · Borsa Italiana · EUR

€52.60+0.10%+€0.05

Close · October 2, 2026

At a glance

Revenue growth: +11.82%; 2025 vs 2024
Net income growth: +6.51%; 2025 vs 2024
Net margin: 16.9%; 2024: 17.8%

Financial data

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

Income statement · Quarterly
Item	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
Total revenue	697	713	662	632	644	680	598	557	578	608	526	512
Cost of revenue	199	203	123	200	196	199	148	172	192	192	110	179
Gross profit	498	511	539	432	448	481	451	385	386	416	416	333
Selling, general and administrative	202	193	187	171	187	181	184	149	165	157	162	144
Research and development	92.7	86.3	94.0	79.8	87.0	80.1	81.2	65.7	71.8	67.3	73.5	63.2
Operating income	204	231	270	167	175	219	183	170	156	190	183	127
EBIT	204	231	270	167	175	219	183	170	156	190	183	127
EBITDA	253	280	320	214	226	270	215	212	196	230	209	163
Interest expense	25.0	24.9	25.3	22.6	24.5	27.0	21.5	18.5	20.4	20.7	21.5	21.5
Pre-tax income	161	201	152	145	119	165	105	150	131	161	101	101
Income tax	44.5	47.7	34.6	34.8	28.4	39.8	27.3	37.0	28.8	37.6	16.6	23.9
Net income	117	153	117	110	91.1	125	78.1	113	102	124	84.7	76.9
Net income to common shareholders	117	153	117	110	91.1	125	78.1	113	102	124	84.7	76.9
Basic EPS	0.57	0.75	0.57	0.54	0.44	0.61	0.38	0.55	0.49	0.60	0.41	0.37
Diluted EPS	0.56	0.73	0.56	0.53	0.44	0.60	0.37	0.54	0.49	0.59	0.41	0.37
Average shares (basic)	203	204	204	205	206	206	206	206	206	206	206	206
Average shares (diluted)	208	209	209	209	209	209	209	209	209	209	209	209
Dividend per share	—	—	0.71	0.00	0.63	—	0.67	0.00	0.60	—	0.63	—