Huhtamaki Oyj (HMKIY) Income Statement
HMKIY 2025 at a glance
Fiscal year ended December 31, 2025 · eurosHMKIY revenue and net income
Where HMKIY's revenue goes
2025Each bar shows an amount and its share of revenue. HMKIY kept 4.8% of revenue as net income.
HMKIY profit margins
HMKIY growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −4.0% | −4.0% | — | — |
| Gross profit | −11.2% | −1.8% | — | — |
| Operating income | −27.6% | −10.8% | — | — |
| Net income | −14.4% | −11.4% | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
HMKIY income statement in euros
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | €3.96B | €4.13B | €4.17B | €4.48B | €3.57B |
| Cost of revenue | €3.27B | €3.34B | €3.42B | €3.75B | €2.98B |
| Gross profit | €694.0M | €781.6M | €753.9M | €732.4M | €594.5M |
| Research & development | €44.0M | €34.7M | €36.0M | €30.6M | €25.7M |
| Sales, general & admin | €402.5M | €402.1M | €396.9M | €354.5M | €292.4M |
| Total operating expenses | €3.71B | €3.77B | €3.83B | €4.12B | €3.29B |
| Operating income | €254.6M | €351.5M | €338.2M | €358.4M | €285.4M |
| Interest income | €17.6M | €16.4M | €20.0M | €10.9M | €3.8M |
| Interest expense | €73.8M | €79.8M | €80.3M | €51.9M | €30.1M |
| Income before taxes | €261.0M | €300.5M | €312.0M | €352.1M | €263.0M |
| Net income | €191.8M | €224.1M | €206.3M | €276.2M | €198.8M |
| EBITDA | €550.7M | €602.3M | €610.9M | €613.7M | — |
| Gross margin | 17.5% | 18.9% | 18.1% | 16.4% | 16.6% |
| Operating margin | 6.4% | 8.5% | 8.1% | 8.0% | 8.0% |
| Net margin | 4.8% | 5.4% | 4.9% | 6.2% | 5.6% |
| Jun '26 | Mar '26 | Dec '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | €1.01B | €946.8M | €980.5M | €1.01B | €1.00B | €1.06B | €1.03B | €1.04B |
| Cost of revenue | €825.2M | €765.0M | €789.9M | €887.5M | €803.6M | €847.0M | €834.0M | €840.5M |
| Gross profit | €183.8M | €181.8M | €190.6M | €120.0M | €198.0M | €211.7M | €192.2M | €197.0M |
| Research & development | €7.5M | €8.1M | €5.0M | €21.2M | €9.5M | €7.8M | €8.6M | €9.4M |
| Sales, general & admin | €105.2M | €94.8M | €105.3M | €108.5M | €98.9M | €109.3M | €96.3M | €100.3M |
| Total operating expenses | €934.8M | €863.5M | €891.5M | €961.3M | €907.8M | €963.7M | €931.0M | €932.9M |
| Operating income | €74.2M | €83.3M | €89.0M | €46.2M | €93.8M | €95.0M | €95.2M | €104.6M |
| Interest income | €7.9M | €3.8M | €4.1M | €4.5M | €4.7M | €4.1M | €4.0M | €4.1M |
| Interest expense | €21.1M | €18.6M | €21.4M | €19.7M | €18.8M | €23.3M | €19.1M | €20.2M |
| Income before taxes | €61.0M | €68.4M | €71.7M | €31.0M | €79.6M | €75.8M | €80.0M | €88.5M |
| Net income | €44.8M | €49.0M | €55.4M | €21.1M | €56.9M | €63.7M | €59.2M | €65.0M |
| EBITDA | €149.1M | €138.4M | €146.3M | €180.6M | €154.5M | — | — | — |
| Gross margin | 18.2% | 19.2% | 19.4% | 11.9% | 19.8% | 20.0% | 18.7% | 19.0% |
| Operating margin | 7.4% | 8.8% | 9.1% | 4.6% | 9.4% | 9.0% | 9.3% | 10.1% |
| Net margin | 4.4% | 5.2% | 5.7% | 2.1% | 5.7% | 6.0% | 5.8% | 6.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in euros as reported in HMKIY's financial statements (latest annual report filed —); data from EODHD. Sales, general & administrative expenses include sales and marketing.
HMKIY financial results
In fiscal year 2025 (ended December 31, 2025), Huhtamaki Oyj reported revenue of €4.0 billion, down 4.0% from the year before. It had net income of €191.8 million (down 14.4%), a net profit margin of 4.8%. Figures are in euros, the currency of its financial statements.
See the HMKIY stock overview for the latest quote and news, or the HMKIY chart for price history and technical indicators.
HMKIY income statement FAQ
What is Huhtamaki Oyj's annual revenue?
Huhtamaki Oyj reported total revenue of €4.0 billion for fiscal year 2025, which ended on December 31, 2025. That was down 4.0% from €4.1 billion the previous year.
Is Huhtamaki Oyj profitable?
Yes. Huhtamaki Oyj reported net income of €191.8 million in fiscal 2025, a net profit margin of 4.8%; its operating margin was 6.4%.
What is Huhtamaki Oyj's gross margin?
Huhtamaki Oyj's gross margin was 17.5% in fiscal 2025: for every $100 of revenue, Huhtamaki Oyj kept $18 after the direct cost of its products and services.
How much does Huhtamaki Oyj spend on research and development?
Huhtamaki Oyj spent €44.0 million on research and development in fiscal 2025, 1.1% of revenue.
When does Huhtamaki Oyj's fiscal year end?
Huhtamaki Oyj's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025.