JBS N.V. (JBS) Income Statement
JBS 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsJBS revenue and net income
Where JBS's revenue goes
2025Each bar shows an amount and its share of revenue. JBS kept 2.4% of revenue as net income.
JBS profit margins
JBS growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +74.4% | +37.4% | +22.6% | — |
| Gross profit | +33.4% | +31.8% | +23.1% | — |
| Operating income | +10.7% | +46.8% | +28.0% | — |
| Net income | +141.3% | +660.8% | +116.5% | — |
| EPS (diluted) | +1,733.3% | +858.3% | +122.9% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
JBS quarterly EPS vs estimates
JBS beat the analyst EPS estimate in 2 of the last 4 quarters. Next report: November 9, 2026 (estimate $0.36).
JBS income statement
| 2025 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|
| Revenue | $471.14B | $270.20B | $204.52B | $181.68B | $163.17B | $170.38B | $162.91B |
| Cost of revenue | $410.82B | $224.99B | $172.58B | $155.34B | $139.40B | $149.07B | $140.32B |
| Gross profit | $60.33B | $45.22B | $31.95B | $26.34B | $23.77B | $21.31B | $22.59B |
| Sales, general & admin | $6.74B | $23.99B | $18.49B | $16.38B | $17.11B | $14.40B | $13.40B |
| Total operating expenses | $37.70B | $24.77B | $18.50B | $19.18B | $17.04B | $14.73B | $13.47B |
| Operating income | $22.63B | $20.45B | $13.45B | $7.16B | $6.73B | $6.58B | $9.12B |
| Interest income | $417.2M | — | — | — | — | — | — |
| Interest expense | $9.18B | $3.77B | $4.07B | $3.65B | $4.50B | $3.32B | $2.46B |
| Income before taxes | $14.40B | $8.26B | $7.50B | −$1.10B | $1.15B | $290.8M | $7.88B |
| Income taxes | $2.17B | $3.61B | $1.03B | −$1.31B | $126.3M | −$274.3M | $2.75B |
| Net income | $11.10B | $4.60B | $6.07B | $25.2M | $534.2M | $233.6M | $4.64B |
| EBITDA | $36.21B | $27.67B | $18.29B | $12.11B | $11.14B | $11.51B | $12.79B |
| EPS (diluted) | $8.80 | $0.48 | $1.15 | $0.01 | $0.14 | $0.16 | $0.95 |
| Gross margin | 12.8% | 16.7% | 15.6% | 14.5% | 14.6% | 12.5% | 13.9% |
| Operating margin | 4.8% | 7.6% | 6.6% | 3.9% | 4.1% | 3.9% | 5.6% |
| Net margin | 2.4% | 1.7% | 3.0% | 0.0% | 0.3% | 0.1% | 2.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Dec '24 | Dec '23 | Sep '23 | Jun '23 | Mar '23 | Dec '22 | Sep '22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $23.90B | $111.47B | $126.27B | $120.55B | $116.70B | $96.34B | $91.41B | $89.38B | $86.68B | $92.87B | $98.93B |
| Cost of revenue | $21.31B | $99.85B | $111.02B | $104.69B | $99.31B | $85.25B | $80.36B | $79.50B | $79.07B | $82.18B | $82.69B |
| Gross profit | $2.59B | $11.61B | $15.25B | $15.86B | $17.39B | $11.09B | $11.05B | $9.89B | $7.61B | $10.69B | $16.24B |
| Research & development | — | — | — | — | — | $6.6M | $9.1M | — | — | $42.9M | — |
| Sales, general & admin | $2.00B | $1.76B | $1.85B | $9.00B | $10.45B | $9.12B | $8.37B | $8.12B | $2.67B | $2.78B | $9.28B |
| Total operating expenses | $1.99B | $9.20B | $10.08B | $9.35B | $11.75B | $9.32B | $8.44B | $8.36B | $8.22B | $8.21B | $9.24B |
| Operating income | $597.1M | $2.42B | $5.17B | $6.50B | $5.65B | $1.78B | $2.61B | $1.52B | −$609.2M | $2.48B | $6.99B |
| Interest income | $87.3M | $66.0M | $54.1M | $135.0M | $1.20B | — | — | — | — | — | — |
| Interest expense | $831.2M | $2.42B | $2.22B | $480.2M | $446.7M | $1.91B | $1.71B | $1.70B | $1.70B | $1.57B | $1.26B |
| Income before taxes | −$222.1M | $1.59B | $2.05B | $4.35B | $3.56B | $87.9M | $791.0M | −$128.1M | −$2.15B | $353.0M | $5.51B |
| Income taxes | −$125.9M | $346.1M | −$332.1M | $913.4M | $881.6M | −$120.1M | $100.4M | $70.1M | −$719.4M | −$1.86B | $1.25B |
| Net income | −$102.1M | $1.14B | $2.27B | $3.10B | $2.41B | $82.6M | $572.7M | −$263.6M | −$1.45B | $2.35B | $4.01B |
| EBITDA | $3.84B | $7.24B | $8.59B | $11.47B | $9.37B | $4.41B | $4.82B | $3.93B | $1.60B | $4.51B | $9.25B |
| EPS (diluted) | −$0.09 | $0.20 | $3.07 | $2.87 | $0.19 | $0.02 | $0.11 | −$0.00 | −$0.04 | $0.40 | $0.69 |
| Gross margin | 10.8% | 10.4% | 12.1% | 13.2% | 14.9% | 11.5% | 12.1% | 11.1% | 8.8% | 11.5% | 16.4% |
| Operating margin | 2.5% | 2.2% | 4.1% | 5.4% | 4.8% | 1.8% | 2.9% | 1.7% | −0.7% | 2.7% | 7.1% |
| Net margin | −0.4% | 1.0% | 1.8% | 2.6% | 2.1% | 0.1% | 0.6% | −0.3% | −1.7% | 2.5% | 4.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in JBS's financial statements (latest annual report filed March 25, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
JBS financial results
In fiscal year 2025 (ended December 31, 2025), JBS reported revenue of $471.1 billion, up 74.4% from the year before. It had net income of $11.1 billion (up 141.3%), a net profit margin of 2.4%. Diluted earnings per share came to $8.80. Over five years revenue grew at an average rate of 22.6% a year.
See the JBS stock overview for the latest quote and news, or the JBS chart for price history and technical indicators.
JBS income statement FAQ
What is JBS's annual revenue?
JBS reported total revenue of $471.1 billion for fiscal year 2025, which ended on December 31, 2025. That was up 74.4% from $270.2 billion the previous year.
Is JBS profitable?
Yes. JBS reported net income of $11.1 billion in fiscal 2025, a net profit margin of 2.4%; its operating margin was 4.8%.
What is JBS's gross margin?
JBS's gross margin was 12.8% in fiscal 2025: for every $100 of revenue, JBS kept $13 after the direct cost of its products and services.
How fast is JBS growing?
Revenue grew 22.6% a year on average over the last five fiscal years, from $170.4 billion to $471.1 billion.
What are JBS's earnings per share?
JBS earned $8.80 per diluted share in fiscal 2025, compared with $0.48 a year earlier.
When will JBS report its next earnings?
JBS is expected to report results for the quarter ending September 30, 2026 on November 9, 2026 after the market closes.
When does JBS's fiscal year end?
JBS's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 25, 2026.