Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) Income Statement
BBVA 2025 at a glance
Fiscal year ended December 31, 2025 · eurosBBVA revenue and net income
Where BBVA's revenue goes
2025Each bar shows an amount and its share of revenue. BBVA kept 28.5% of revenue as net income.
BBVA profit margins
BBVA growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −36.5% | +5.6% | +0.9% | — |
| Gross profit | +6.5% | +15.6% | +9.4% | — |
| Operating income | +30.7% | +30.8% | +18.2% | — |
| Net income | +31.1% | +31.2% | +24.5% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
BBVA income statement in euros
| 2025 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €36.93B | €58.19B | €40.37B | €31.32B | €30.07B | €35.24B | €35.24B | €37.27B | €36.80B | €34.64B |
| Cost of revenue | €6.07B | €29.22B | €15.70B | €11.35B | €13.15B | €15.54B | €15.32B | €14.90B | €14.30B | €13.02B |
| Gross profit | €30.86B | €28.97B | €24.68B | €19.97B | €16.92B | €19.70B | €19.92B | €22.37B | €22.49B | €21.62B |
| Research & development | — | — | — | — | — | €0 | €0 | €0 | €0 | €0 |
| Sales, general & admin | €12.94B | €10.98B | €9.47B | €8.46B | €8.06B | €8.87B | €8.55B | €9.96B | €10.18B | €9.93B |
| Total operating expenses | €14.63B | €16.55B | €14.41B | €12.72B | €11.67B | €12.66B | €12.36B | €15.44B | €16.10B | €17.01B |
| Operating income | €16.23B | €12.42B | €10.27B | €7.25B | €5.25B | €7.05B | €7.57B | €6.93B | €6.39B | €4.60B |
| Interest income | €26.28B | €23.09B | €19.15B | €14.69B | €16.80B | €31.06B | €29.83B | €29.30B | €27.71B | €24.78B |
| Interest expense | €16.45B | €24.76B | €12.31B | €8.33B | €7.80B | €11.97B | €11.67B | €11.54B | €10.65B | €8.76B |
| Income before taxes | €16.23B | €12.42B | €10.27B | €7.25B | €5.25B | €7.05B | €7.57B | €6.93B | €6.39B | €4.60B |
| Income taxes | €5.10B | €4.00B | €3.50B | €1.91B | €1.46B | €1.94B | €2.04B | €2.17B | €1.70B | €1.27B |
| Net income | €10.51B | €8.02B | €6.36B | €4.65B | €1.30B | €3.51B | €5.40B | €3.51B | €3.48B | €2.64B |
| EBITDA | €17.75B | €13.82B | €11.60B | €8.48B | €6.54B | €8.43B | €8.60B | €8.32B | €7.82B | €5.88B |
| Gross margin | 83.6% | 49.8% | 61.1% | 63.8% | 56.3% | 55.9% | 56.5% | 60.0% | 61.1% | 62.4% |
| Operating margin | 43.9% | 21.3% | 25.4% | 23.1% | 17.5% | 20.0% | 21.5% | 18.6% | 17.4% | 13.3% |
| Net margin | 28.5% | 13.8% | 15.7% | 14.9% | 4.3% | 10.0% | 15.3% | 9.4% | 9.4% | 7.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €10.51B | €10.65B | €9.79B | €17.90B | €8.71B | €9.32B | €9.32B | €17.93B | €9.23B | €8.22B | €7.44B | €7.96B |
| Cost of revenue | €1.68B | €1.82B | €1.75B | €9.69B | €1.38B | €9.71B | €1.47B | €1.44B | €10.70B | €1.36B | €1.23B | €8.64B |
| Gross profit | €8.83B | €8.83B | €8.05B | €8.21B | €7.33B | −€383.0M | €7.85B | €16.49B | −€1.47B | €6.86B | €6.21B | −€687.0M |
| Sales, general & admin | €3.54B | €3.63B | €3.58B | €3.19B | €2.85B | €3.18B | €3.74B | €3.06B | €3.09B | €3.10B | €2.81B | €2.92B |
| Total operating expenses | €3.97B | €4.11B | €4.12B | €4.34B | €3.26B | −€4.73B | €4.09B | €12.62B | −€5.79B | €3.40B | €3.28B | −€4.05B |
| Operating income | €4.86B | €4.72B | €3.93B | €3.87B | €4.08B | €4.35B | €3.76B | €3.87B | €4.32B | €3.46B | €2.93B | €3.37B |
| Interest income | €7.63B | €7.54B | €7.03B | €14.76B | €6.21B | €14.72B | €6.41B | €5.87B | €15.70B | €6.51B | €5.25B | €13.87B |
| Interest expense | — | — | — | €8.12B | — | €8.32B | — | — | €9.22B | — | — | €7.43B |
| Income before taxes | €4.86B | €4.72B | €3.93B | €3.87B | €4.08B | €4.35B | €3.76B | €3.87B | €4.32B | €3.46B | €2.93B | €3.37B |
| Income taxes | €1.58B | €1.53B | €1.27B | €1.21B | €1.16B | €1.47B | €1.17B | €1.14B | €1.37B | €1.15B | €799.0M | €1.23B |
| Net income | €3.06B | €2.99B | €2.53B | €2.53B | €2.75B | €2.70B | €2.43B | €2.63B | €2.79B | €2.20B | €2.06B | €2.08B |
| EBITDA | €4.86B | €5.14B | €4.33B | €4.25B | €4.45B | €4.73B | €4.17B | €4.23B | €4.71B | €3.83B | €3.28B | €3.74B |
| Gross margin | 84.0% | 82.9% | 82.2% | 45.9% | 84.2% | −4.1% | 84.3% | 92.0% | −16.0% | 83.4% | 83.5% | −8.6% |
| Operating margin | 46.2% | 44.3% | 40.2% | 21.6% | 46.8% | 46.6% | 40.3% | 21.6% | 46.8% | 42.1% | 39.4% | 42.3% |
| Net margin | 29.1% | 28.1% | 25.9% | 14.1% | 31.6% | 28.9% | 26.1% | 14.7% | 30.3% | 26.8% | 27.7% | 26.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in euros as reported in BBVA's financial statements (latest annual report filed February 20, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
BBVA financial results
In fiscal year 2025 (ended December 31, 2025), Banco Bilbao Vizcaya Argentaria reported revenue of €36.9 billion, down 36.5% from the year before. It had net income of €10.5 billion (up 31.1%), a net profit margin of 28.5%. Over five years revenue grew at an average rate of 0.9% a year. Figures are in euros, the currency of its financial statements.
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BBVA income statement FAQ
What is Banco Bilbao Vizcaya Argentaria's annual revenue?
Banco Bilbao Vizcaya Argentaria reported total revenue of €36.9 billion for fiscal year 2025, which ended on December 31, 2025. That was down 36.5% from €58.2 billion the previous year.
Is Banco Bilbao Vizcaya Argentaria profitable?
Yes. Banco Bilbao Vizcaya Argentaria reported net income of €10.5 billion in fiscal 2025, a net profit margin of 28.5%; its operating margin was 43.9%.
What is Banco Bilbao Vizcaya Argentaria's gross margin?
Banco Bilbao Vizcaya Argentaria's gross margin was 83.6% in fiscal 2025: for every $100 of revenue, Banco Bilbao Vizcaya Argentaria kept $84 after the direct cost of its products and services.
How fast is Banco Bilbao Vizcaya Argentaria growing?
Revenue grew 0.9% a year on average over the last five fiscal years, from €35.2 billion to €36.9 billion.
When will Banco Bilbao Vizcaya Argentaria report its next earnings?
Banco Bilbao Vizcaya Argentaria is expected to report results for the quarter ending September 30, 2026 on October 28, 2026 after the market closes.
When does Banco Bilbao Vizcaya Argentaria's fiscal year end?
Banco Bilbao Vizcaya Argentaria's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 20, 2026.