Vestas Wind Systems

VWS · Nasdaq Copenhagen · DKK

kr 196.15Change from previous close: +1.76%Absolute change: +kr 3.40

Close · September 30, 2026

At a glance

Revenue growth
+8.83%
2025 vs 2024
Net income growth
+55.91%
2025 vs 2024
Net margin
4.1%
2024: 2.9%

Financial data

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

Income statement · Annual
Item2025202420232022
Total revenue18,82217,29515,38214,486
Cost of revenue16,32515,23814,09914,368
Gross profit2,4972,0571,283118
Selling, general and administrative1,006938876813
Research and development424380371457
Operating income1,06773936.0-1,152
EBIT1,184899337-1,633
EBITDA2,2431,7611,126-545
Interest expense14519423563.0
Pre-tax income1,039705102-1,696
Income tax25921124.0-124
Net income77849977.0-1,572
Net income to common shareholders77849977.0-1,572
Basic EPS0.780.500.08-1.56
Diluted EPS0.770.490.08-1.56
Average shares (basic)9991,0061,0061,006
Average shares (diluted)1,0041,0101,0101,006