Barclays PLC (BCS) Income Statement
BCS 2025 at a glance
Fiscal year ended December 31, 2025 · British poundsBCS revenue and net income
Where BCS's revenue goes
2025Each bar shows an amount and its share of revenue. BCS kept 14.1% of revenue as net income.
BCS profit margins
BCS growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +2.1% | +26.5% | +14.3% | — |
| Gross profit | +12.7% | +9.9% | +9.9% | — |
| Operating income | +41.7% | +3.7% | +16.1% | — |
| Net income | +38.6% | +0.8% | +17.1% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
BCS income statement in British pounds
| 2025 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | £50.83B | £49.77B | £33.30B | £25.12B | £25.08B | £26.11B | £25.52B | £23.69B | £29.61B | £22.09B |
| Cost of revenue | £21.69B | £23.91B | £9.75B | £3.17B | £7.96B | £7.90B | £7.30B | £5.94B | £7.51B | £5.55B |
| Gross profit | £29.14B | £25.86B | £23.55B | £21.95B | £17.12B | £18.21B | £18.21B | £17.75B | £22.09B | £16.54B |
| Research & development | — | — | — | — | — | £0 | £0 | £0 | £0 | £0 |
| Sales, general & admin | £2.73B | £12.35B | £11.45B | £1.97B | £9.45B | £10.13B | £11.35B | £10.39B | £12.70B | £11.15B |
| Total operating expenses | £20.00B | £19.40B | £16.52B | £13.76B | £14.23B | £13.94B | £14.61B | £14.38B | £18.62B | £15.39B |
| Operating income | £9.14B | £6.45B | £7.04B | £8.19B | £2.89B | £4.33B | £3.68B | £3.44B | £3.55B | £1.18B |
| Interest income | £36.19B | £35.08B | £19.10B | £11.24B | £11.89B | £15.46B | £14.54B | £13.63B | £14.54B | £13.95B |
| Interest expense | £21.69B | £22.00B | £8.56B | £3.17B | £3.55B | £6.01B | £5.76B | £3.68B | £4.94B | £3.73B |
| Income before taxes | £9.14B | £6.46B | £7.04B | £8.19B | £2.88B | £4.27B | £3.60B | £3.37B | £3.47B | £1.14B |
| Income taxes | £1.93B | £1.21B | £1.04B | £1.14B | £568.9M | £996.7M | £958.2M | £2.17B | £1.09B | £1.19B |
| Net income | £7.17B | £5.17B | £5.95B | £7.01B | £2.24B | £3.25B | £2.47B | −£1.19B | £2.29B | −£50.7M |
| EBITDA | £10.89B | £8.24B | £8.76B | £9.87B | £4.62B | £5.79B | £4.86B | £4.61B | £4.73B | £2.36B |
| Gross margin | 57.3% | 52.0% | 70.7% | 87.4% | 68.2% | 69.7% | 71.4% | 74.9% | 74.6% | 74.9% |
| Operating margin | 18.0% | 13.0% | 21.1% | 32.6% | 11.5% | 16.6% | 14.4% | 14.5% | 12.0% | 5.4% |
| Net margin | 14.1% | 10.4% | 17.9% | 27.9% | 8.9% | 12.5% | 9.7% | −5.0% | 7.7% | −0.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | £18.13B | £8.15B | £6.86B | £6.71B | £7.50B | £6.88B | £6.31B | £6.29B | £6.92B | £5.48B | £6.52B | £6.15B |
| Cost of revenue | £0 | £840.9M | £528.0M | £633.6M | £625.8M | £728.1M | £363.3M | £382.8M | £518.2M | £541.8M | £450.4M | £367.5M |
| Gross profit | £18.13B | £7.31B | £6.33B | £6.08B | £6.87B | £6.16B | £5.95B | £5.91B | £6.40B | £4.94B | £6.07B | £5.78B |
| Sales, general & admin | — | — | £2.73B | £8.03B | — | £12.97B | £7.55B | £7.55B | £7.55B | £2.60B | £7.66B | £7.66B |
| Total operating expenses | £14.88B | £4.43B | £4.50B | £4.00B | £4.23B | £4.45B | £3.78B | £3.98B | £4.10B | £4.83B | £4.11B | £3.84B |
| Operating income | £3.25B | £2.88B | £1.83B | £2.08B | £2.65B | £1.70B | £2.17B | £1.93B | £2.30B | £108.0M | £1.96B | £1.94B |
| Interest income | £3.92B | £3.74B | — | £3.75B | £3.52B | — | £3.31B | £15.57B | £3.07B | — | £3.25B | £12.58B |
| Interest expense | — | — | — | — | — | £25.39B | — | — | — | — | — | — |
| Income before taxes | £3.25B | £2.88B | £1.83B | £2.08B | £2.65B | £1.70B | £2.17B | £1.93B | £2.30B | £108.0M | £1.96B | £1.94B |
| Income taxes | £731.0M | £651.9M | £383.0M | £365.9M | £604.4M | £458.8M | £400.2M | £425.6M | £469.7M | −£22.6M | £356.8M | £348.7M |
| Net income | £2.50B | £2.22B | £1.43B | £1.72B | £2.04B | £1.22B | £1.76B | £1.48B | £1.83B | £106.0M | £1.59B | £1.57B |
| EBITDA | £3.25B | £2.88B | £1.83B | £2.08B | £2.65B | £1.70B | £2.17B | £1.93B | £2.30B | £108.0M | £1.96B | £1.94B |
| Gross margin | 100.0% | 89.7% | 92.3% | 90.6% | 91.7% | 89.4% | 94.2% | 93.9% | 92.5% | 90.1% | 93.1% | 94.0% |
| Operating margin | 17.9% | 35.3% | 26.7% | 31.0% | 35.3% | 24.7% | 34.3% | 30.7% | 33.2% | 2.0% | 30.1% | 31.6% |
| Net margin | 13.8% | 27.3% | 20.9% | 25.6% | 27.2% | 17.7% | 28.0% | 23.6% | 26.4% | 1.9% | 24.5% | 25.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in British pounds as reported in BCS's financial statements (latest annual report filed February 10, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
BCS financial results
In fiscal year 2025 (ended December 31, 2025), Barclays reported revenue of £50.8 billion, up 2.1% from the year before. It had net income of £7.2 billion (up 38.6%), a net profit margin of 14.1%. Over five years revenue grew at an average rate of 14.3% a year. Figures are in British pounds, the currency of its financial statements.
See the BCS stock overview for the latest quote and news, or the BCS chart for price history and technical indicators.
BCS income statement FAQ
What is Barclays's annual revenue?
Barclays reported total revenue of £50.8 billion for fiscal year 2025, which ended on December 31, 2025. That was up 2.1% from £49.8 billion the previous year.
Is Barclays profitable?
Yes. Barclays reported net income of £7.2 billion in fiscal 2025, a net profit margin of 14.1%; its operating margin was 18.0%.
What is Barclays's gross margin?
Barclays's gross margin was 57.3% in fiscal 2025: for every $100 of revenue, Barclays kept $57 after the direct cost of its products and services.
How fast is Barclays growing?
Revenue grew 14.3% a year on average over the last five fiscal years, from £26.1 billion to £50.8 billion.
When will Barclays report its next earnings?
Barclays is expected to report results for the quarter ending September 30, 2026 on October 22, 2026 before the market opens.
When does Barclays's fiscal year end?
Barclays's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 10, 2026.