Smith & Nephew

SN. · LSE · GBp

989.00 GBpChange from previous close: +0.67%Absolute change: +6.60 GBp

Close · October 2, 2026

At a glance

Revenue growth
+6.09%
2025 vs 2024
Net income growth
+51.70%
2025 vs 2024
Net margin
10.1%
2024: 7.1%

Financial data

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

Income statement · Annual
Item20252024202320222021
Total revenue6,1645,8105,5495,215—
Cost of revenue1,9721,7641,7301,540—
Gross profit4,1924,0463,8193,675—
Selling, general and administrative2,7902,6522,6022,435—
Research and development296289339345—
Operating income857860620634—
EBIT958666429326—
EBITDA1,5321,221956874—
Interest expense17916813991.0—
Pre-tax income779498290235—
Income tax15486.027.012.0—
Net income625412263223—
Net income to common shareholders625412263223—
Basic EPS0.720.470.300.25—
Diluted EPS0.720.470.300.25—
Average shares (basic)867873871892—
Average shares (diluted)873877874892—