The Swatch Group

UHR · SIX · CHF

CHF 182.05−1.35%−CHF 2.50

Close · October 2, 2026

At a glance

Revenue growth
−6.76%
2025 vs 2024
Net income growth
−98.45%
2025 vs 2024
Net margin
0.0%
2024: 2.9%

Financial data

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

ItemQ2 2026Q4 2025Q2 2025Q4 2024Q2 2024Q4 2023Q2 2023Q4 2022Q2 2022Q4 2021
Total assets13,48013,37613,55813,99214,18614,22914,02913,89313,69013,678
Current assets9,7369,5979,74910,00610,25610,50210,38210,39310,21010,107
Cash and equivalents1,1321,0101,0311,1031,0871,6831,7572,1761,8261,979
Short-term investments227219245292379380367369637672
Receivables618712598731783787838778839863
Inventory7,3037,2957,4207,6417,7087,3097,1876,8736,7036,389
Net property, plant and equipment3,0882,9273,1173,0363,1112,9582,8512,6232,6852,715
Other intangible assets133143150151151153147111144105
Long-term investments36.030.027.034.012.013.013.019.020.021.0
Current liabilities1,2649831,1591,0221,2531,2201,2271,1261,2881,377
Accounts payable255245241270319317279298291313
Long-term debt2.02.02.02.02.02.02.02.02.02.0
Total debt23637.0187———————
Total liabilities1,9841,7221,8771,7752,0201,9711,9661,8421,9912,073
Total equity (incl. minority)11,49611,65411,68112,21712,16612,25812,06312,05111,69911,605
Retained earnings14,81815,04315,04315,27415,21715,41615,03314,85814,36214,336
Minority interest10193.087.010557.061.060.066.066.065.0