RELX revenue and financials
Secondary listing. The primary listing is RELX · LSE (GBp)
$33.82Change from previous close: +1.20%Absolute change: +$0.40
In the fiscal year ended December 2025, RELX reported revenue of £9.59B (+1.65% year over year). Net income was £2.07B, a net margin of 21.5%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +1.65%
- 2025 vs 2024
- Net income growth
- +6.77%
- 2025 vs 2024
- Net margin
- 21.5%
- 2024: 20.5%
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 | 9,590 | 9,434 | 9,161 | 8,553 | 7,244 | 7,110 | 7,874 | 7,492 | 7,341 | 6,889 |
| Cost of revenue | 3,233 | 3,300 | 3,216 | 3,045 | 2,562 | 2,487 | 2,755 | 2,644 | 2,628 | 2,488 |
| Gross profit | 6,357 | 6,134 | 5,945 | 5,508 | 4,682 | 4,623 | 5,119 | 4,848 | 4,713 | 4,401 |
| Selling, general and administrative | 3,374 | 3,316 | 3,309 | 3,204 | — | — | — | — | — | — |
| Operating income | 3,027 | 2,861 | 2,682 | 2,323 | 1,884 | 1,525 | 2,101 | 1,964 | 1,905 | 1,708 |
| EBIT | 3,023 | 2,838 | 2,595 | 2,295 | — | — | — | — | — | — |
| EBITDA | 3,686 | 3,544 | 3,312 | 3,008 | — | — | — | — | — | — |
| Interest expense | 298 | 304 | 323 | 205 | 150 | 175 | 314 | 217 | 205 | 223 |
| Pre-tax income | 2,750 | 2,557 | 2,295 | 2,113 | — | — | — | — | — | — |
| Income tax | 672 | 613 | 507 | 481 | 326 | 275 | 338 | 292 | 65.0 | 301 |
| Net income | 2,065 | 1,934 | 1,781 | 1,634 | 1,471 | 1,224 | 1,505 | 1,422 | 1,648 | 1,150 |
| Net income to common shareholders | 2,065 | 1,934 | 1,781 | 1,634 | — | — | — | — | — | — |
| Basic EPS | 1.13 | 1.04 | 0.94 | 0.85 | 0.76 | 0.64 | 0.77 | 0.72 | 0.82 | 0.56 |
| Diluted EPS | 1.12 | 1.03 | 0.94 | 0.85 | 0.76 | 0.63 | 0.77 | 0.71 | 0.81 | 0.55 |
| Average shares (basic) | 1,834 | 1,866 | 1,892 | 1,926 | — | — | — | — | — | — |
| Average shares (diluted) | 1,844 | 1,877 | 1,903 | 1,938 | — | — | — | — | — | — |
