ING Groep N.V. (ING) Income Statement
ING 2025 at a glance
Fiscal year ended December 31, 2025 · eurosING revenue and net income
Where ING's revenue goes
2025Each bar shows an amount and its share of revenue. ING kept 27.5% of revenue as net income.
ING profit margins
ING growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −65.3% | +7.4% | −3.1% | −7.5% |
| Gross profit | +1.5% | +5.3% | +7.4% | +3.8% |
| Operating income | −1.6% | +25.0% | +19.2% | +4.0% |
| Net income | −1.0% | +19.9% | +20.6% | +4.7% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ING income statement in euros
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €23.04B | €66.41B | €58.90B | €18.59B | €25.78B | €26.93B | €32.44B | €32.33B | €47.94B | €48.34B |
| Cost of revenue | €1.30B | €45.00B | €36.75B | €16.54B | €7.99B | €11.74B | €15.50B | €14.88B | €31.03B | €31.91B |
| Gross profit | €21.73B | €21.41B | €22.15B | €18.59B | €17.79B | €15.19B | €16.94B | €17.44B | €16.92B | €16.43B |
| Research & development | — | — | — | — | — | — | €0 | €0 | €0 | €0 |
| Sales, general & admin | €8.04B | €8.13B | €7.70B | €6.85B | €6.96B | €6.88B | €6.47B | €6.40B | €6.24B | €6.02B |
| Total operating expenses | €12.58B | €12.11B | €11.66B | €4.66B | €11.01B | €11.38B | €10.11B | €10.69B | €9.65B | €10.53B |
| Operating income | €9.15B | €9.30B | €10.49B | €4.69B | €6.78B | €3.81B | €6.83B | €6.75B | €7.27B | €5.90B |
| Interest income | €14.68B | €15.02B | €52.23B | €13.76B | €13.62B | €22.56B | €28.16B | €27.75B | €43.89B | €44.18B |
| Interest expense | €36.37B | €43.88B | €36.25B | €14.71B | €7.50B | €9.09B | €14.38B | €14.23B | €30.35B | €30.94B |
| Income before taxes | €9.15B | €9.30B | €10.49B | €5.50B | €6.78B | €3.81B | €6.83B | €6.75B | €7.27B | €5.90B |
| Income taxes | €2.54B | €2.65B | €2.97B | €1.73B | €1.88B | €1.25B | €1.96B | €2.04B | €2.28B | €1.62B |
| Net income | €6.33B | €6.39B | €7.29B | €3.67B | €4.78B | €2.48B | €4.78B | €4.61B | €4.91B | €4.65B |
| EBITDA | €9.15B | €9.97B | €11.17B | €6.12B | €7.62B | €4.64B | €7.62B | €7.27B | €7.79B | €6.44B |
| Gross margin | 94.3% | 32.2% | 37.6% | 100.0% | 69.0% | 56.4% | 52.2% | 54.0% | 35.3% | 34.0% |
| Operating margin | 39.7% | 14.0% | 17.8% | 25.2% | 26.3% | 14.1% | 21.1% | 20.9% | 15.2% | 12.2% |
| Net margin | 27.5% | 9.6% | 12.4% | 19.8% | 18.5% | 9.2% | 14.7% | 14.3% | 10.2% | 9.6% |
| 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 | €23.07B | €5.82B | €5.80B | €5.85B | €24.26B | €5.64B | €5.41B | €5.91B | €5.72B | €27.87B | €5.41B | €5.84B |
| Cost of revenue | €279.0M | €346.0M | €365.0M | €326.0M | €299.0M | €313.0M | €299.0M | €336.0M | €16.0M | €301.0M | €86.0M | €183.0M |
| Gross profit | €22.79B | €5.48B | €5.43B | €5.53B | €23.96B | €5.32B | €5.11B | €5.57B | €5.70B | €27.57B | €5.32B | €5.66B |
| Sales, general & admin | — | — | — | — | — | — | €7.18B | — | €3.49B | €3.69B | €6.72B | — |
| Total operating expenses | €19.87B | €3.22B | €3.34B | €2.97B | €21.59B | €3.20B | €3.34B | €2.91B | €2.85B | €25.00B | €3.08B | €2.79B |
| Operating income | €2.92B | €2.26B | €2.10B | €2.56B | €2.37B | €2.12B | €1.77B | €2.67B | €4.15B | €2.57B | €2.25B | €2.87B |
| Interest income | €20.94B | €4.05B | €3.82B | €3.71B | €22.09B | €3.62B | €3.68B | €3.69B | €26.00B | €3.83B | €3.88B | €4.03B |
| Income before taxes | €2.92B | €2.26B | €2.10B | €2.56B | €2.37B | €2.12B | €1.77B | €2.67B | €2.57B | €2.57B | €2.25B | €2.87B |
| Income taxes | €902.0M | €652.0M | €606.0M | €703.0M | €633.0M | €604.0M | €542.0M | €724.0M | €731.0M | €732.0M | €620.0M | €817.0M |
| Net income | €1.95B | €1.56B | €1.41B | €1.79B | €1.68B | €1.46B | €1.15B | €1.88B | €1.78B | €1.78B | €1.56B | €1.98B |
| EBITDA | €2.92B | €2.26B | €2.10B | €2.56B | €2.37B | €2.12B | €1.77B | €2.67B | −€1.58B | €2.57B | €2.25B | €2.87B |
| Gross margin | 98.8% | 94.1% | 93.7% | 94.4% | 98.8% | 94.4% | 94.5% | 94.3% | 99.7% | 98.9% | 98.4% | 96.9% |
| Operating margin | 12.7% | 38.8% | 36.1% | 43.7% | 9.8% | 37.7% | 32.8% | 45.1% | 72.5% | 9.2% | 41.5% | 49.1% |
| Net margin | 8.4% | 26.7% | 24.3% | 30.5% | 6.9% | 25.8% | 21.3% | 31.8% | 31.1% | 6.4% | 28.8% | 33.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in euros as reported in ING's financial statements (latest annual report filed February 26, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ING financial results
In fiscal year 2025 (ended December 31, 2025), ING Groep reported revenue of €23.0 billion, down 65.3% from the year before. It had net income of €6.3 billion (down 1.0%), a net profit margin of 27.5%. Over five years revenue grew at an average rate of −3.1% a year. Figures are in euros, the currency of its financial statements.
See the ING stock overview for the latest quote and news, or the ING chart for price history and technical indicators.
ING income statement FAQ
What is ING Groep's annual revenue?
ING Groep reported total revenue of €23.0 billion for fiscal year 2025, which ended on December 31, 2025. That was down 65.3% from €66.4 billion the previous year.
Is ING Groep profitable?
Yes. ING Groep reported net income of €6.3 billion in fiscal 2025, a net profit margin of 27.5%; its operating margin was 39.7%.
What is ING Groep's gross margin?
ING Groep's gross margin was 94.3% in fiscal 2025: for every $100 of revenue, ING Groep kept $94 after the direct cost of its products and services.
How fast is ING Groep growing?
Revenue grew −3.1% a year on average over the last five fiscal years, from €26.9 billion to €23.0 billion.
When will ING Groep report its next earnings?
ING Groep is expected to report results for the quarter ending September 30, 2026 on October 29, 2026 before the market opens.
When does ING Groep's fiscal year end?
ING Groep's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 26, 2026.