Scottish Mortgage Investment Trust revenue and financials

SMT · LSE · GBp

1,620.84 GBpChange from previous close: −1.02%Absolute change: −16.66 GBp

Close · October 7, 2026

In the fiscal year ended March 2026, Scottish Mortgage Investment Trust reported revenue of £3.11B (+151.55% year over year). Net income was £3.1B, a net margin of 99.8%.

Annual revenue · 2026: £3.11B
  1. £1.38B2024
  2. £1.24B2025
  3. £3.11B2026

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

At a glance

Revenue growth
+151.55%
FY to Mar 2026 vs FY to Mar 2025
Net income growth
+154.70%
FY to Mar 2026 vs FY to Mar 2025
Net margin
99.8%
FY to Mar 2025: 98.5%

Financial data

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

Cash flow · Annual
ItemFY to Mar 2026FY to Mar 2025FY to Mar 2024FY to Mar 2023FY to Mar 2022
Operating cash flow-68.7-82.5-62.4-63.5—
Investing cash flow1,4501,768337731—
Financing cash flow-1,378-1,803-333-733—
Dividends paid-50.2-55.3-57.7-52.6—
Share repurchases-1,328-1,748-122-283—
Debt issued1,0318445051,591—
Debt repaid-1,031-844-658-1,988—
Effect of exchange rates-0.32.5-3.220.4—
Net change in cash2.4-117-58.0-65.4—
Free cash flow-68.7-82.5-62.4-63.5—