The Swatch Group

UHRN · SIX · CHF

CHF 35.60Change from previous close: −1.25%Absolute change: −CHF 0.45

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.

Cash flow · Annual
Item2025202420232022
Operating cash flow507333615724
Depreciation and amortization423414390406
Capital expenditure-451-549-785-387
Investing cash flow-346-470-768-114
Financing cash flow-205-410-327-300
Dividends paid-234-335-311-285
Share repurchases0.0-50.00.0-2.0
Effect of exchange rates-53.028.0-80.0-21.0
Net change in cash-44.0-547-480310
Free cash flow56.0-216-170337