Smith & Nephew revenue and financials
1,024.00 GBpChange from previous close: +1.24%Absolute change: +12.50 GBp
In the fiscal year ended December 2025, Smith & Nephew reported revenue of $6.16B (+6.09% year over year). Net income was $625M, a net margin of 10.1%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
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.
| Item | Q4 2025 | Q2 2025 |
|---|---|---|
| Total assets | 10,457 | 10,692 |
| Current assets | 4,103 | 4,627 |
| Cash and equivalents | 557 | 676 |
| Inventory | 2,117 | 2,467 |
| Net property, plant and equipment | 1,638 | 1,436 |
| Goodwill | 3,108 | 3,111 |
| Other intangible assets | 882 | 962 |
| Long-term investments | 121 | 7.0 |
| Current liabilities | 1,595 | 1,541 |
| Accounts payable | 1,160 | 1,097 |
| Long-term debt | 3,028 | 3,153 |
| Total debt | 3,327 | 3,454 |
| Total liabilities | 5,168 | 5,156 |
| Total equity (incl. minority) | 5,289 | 5,536 |
| Retained earnings | 5,323 | 5,121 |