Mondelez International, Inc. (MDLZ) Income Statement
MDLZ 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsMDLZ revenue and net income
Where MDLZ's revenue goes
2025Each bar shows an amount and its share of revenue. MDLZ kept 6.4% of revenue as net income.
MDLZ profit margins
MDLZ growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +5.8% | +7.0% | +7.7% | +2.7% |
| Gross profit | −23.3% | −1.1% | +0.9% | −0.5% |
| Operating income | −44.1% | +0.1% | −1.6% | −8.8% |
| Net income | −46.8% | −3.4% | −7.2% | −10.3% |
| EPS (diluted) | −15.4% | −0.7% | +2.2% | +5.2% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
MDLZ quarterly EPS vs estimates
Mondelez beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: October 29, 2026 (estimate $0.71).
MDLZ income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $38.54B | $36.44B | $36.02B | $31.50B | $28.72B | $26.58B | $25.87B | $25.94B | $25.90B | $25.92B |
| Cost of revenue | $27.60B | $22.18B | $22.25B | $20.18B | $17.47B | $16.14B | $15.53B | $15.59B | $15.86B | $15.82B |
| Gross profit | $10.94B | $14.26B | $13.76B | $11.31B | $11.25B | $10.45B | $10.34B | $10.35B | $10.03B | $10.10B |
| Research & development | — | — | $380.0M | $346.0M | $347.0M | $332.0M | $351.0M | $362.0M | $366.0M | $376.0M |
| Sales, general & admin | $7.17B | $7.66B | $8.00B | $7.38B | $6.26B | $6.10B | $6.14B | $6.47B | $5.91B | $6.54B |
| Total operating expenses | $7.39B | $7.91B | $8.00B | $7.78B | $6.60B | $6.59B | $6.49B | $7.04B | $6.57B | $7.55B |
| Operating income | $3.55B | $6.34B | $5.50B | $3.53B | $4.65B | $3.85B | $3.84B | $3.31B | $3.46B | $2.55B |
| Interest income | $317.0M | $328.0M | $241.0M | $134.0M | $55.0M | — | $498.0M | $358.0M | $385.0M | $580.0M |
| Interest expense | $599.0M | $508.0M | $310.0M | $428.0M | $365.0M | $423.0M | $484.0M | $462.0M | $396.0M | $515.0M |
| Income before taxes | $3.01B | $6.26B | $5.88B | $3.23B | $4.37B | $3.38B | $3.45B | $2.84B | $3.51B | $1.76B |
| Income taxes | $782.0M | $1.47B | −$1.54B | $865.0M | $1.19B | $1.22B | $2.0M | $773.0M | $666.0M | $114.0M |
| Net income | $2.45B | $4.61B | $4.96B | $2.72B | $4.30B | $3.56B | $3.93B | $3.38B | $2.83B | $1.64B |
| EBITDA | $4.97B | $8.07B | $5.50B | $4.76B | $5.85B | $4.92B | $4.98B | $4.12B | $4.34B | $2.79B |
| EPS (diluted) | $2.92 | $3.45 | $3.31 | $2.98 | $2.85 | $2.62 | $2.47 | $2.43 | $2.15 | $1.91 |
| Gross margin | 28.4% | 39.1% | 38.2% | 35.9% | 39.2% | 39.3% | 40.0% | 39.9% | 38.7% | 39.0% |
| Operating margin | 9.2% | 17.4% | 15.3% | 11.2% | 16.2% | 14.5% | 14.9% | 12.8% | 13.4% | 9.9% |
| Net margin | 6.4% | 12.7% | 13.8% | 8.6% | 15.0% | 13.4% | 15.2% | 13.0% | 10.9% | 6.3% |
| 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 | $9.36B | $10.08B | $10.50B | $9.74B | $8.98B | $9.31B | $9.60B | $9.20B | $8.34B | $9.29B | $9.31B | $9.03B |
| Cost of revenue | $5.37B | $7.28B | $7.54B | $7.13B | $6.05B | $6.88B | $5.89B | $6.21B | $5.55B | $4.54B | $5.84B | $5.54B |
| Gross profit | $3.99B | $2.80B | $2.96B | $2.61B | $2.94B | $2.43B | $3.71B | $3.00B | $2.80B | $4.75B | $3.47B | $3.49B |
| Research & development | — | — | — | — | — | — | — | — | — | — | $380.0M | — |
| Sales, general & admin | $2.00B | $1.92B | $1.94B | $1.79B | $1.73B | $1.71B | $1.98B | $1.63B | $1.89B | $1.94B | $202.0M | $2.02B |
| Total operating expenses | $2.04B | $2.00B | $2.00B | $1.87B | $1.76B | $1.75B | $2.10B | $1.85B | $1.94B | $2.02B | $2.28B | $2.12B |
| Operating income | $1.95B | $808.0M | $952.0M | $744.0M | $1.17B | $680.0M | $1.61B | $1.15B | $854.0M | $2.73B | $1.19B | $1.38B |
| Interest income | — | — | — | — | $98.0M | — | $93.0M | $83.0M | $98.0M | $54.0M | $66.0M | $68.0M |
| Interest expense | $144.0M | $148.0M | $138.0M | $157.0M | $151.0M | $153.0M | $127.0M | $129.0M | $130.0M | $122.0M | $118.0M | $134.0M |
| Income before taxes | $1.90B | $775.0M | $919.0M | $695.0M | $855.0M | $545.0M | $1.60B | $1.13B | $850.0M | $2.68B | $1.16B | $1.33B |
| Income taxes | $364.0M | $228.0M | $261.0M | $137.0M | $230.0M | $154.0M | $216.0M | $326.0M | $295.0M | $632.0M | $257.0M | $354.0M |
| Net income | $1.55B | $560.0M | $665.0M | $743.0M | $641.0M | $402.0M | $1.75B | $853.0M | $601.0M | $1.41B | $950.0M | $984.0M |
| EBITDA | $2.39B | $1.27B | $1.41B | $1.20B | $1.34B | $1.02B | $2.06B | $1.60B | $1.30B | $3.12B | $1.59B | $1.77B |
| EPS (diluted) | $0.73 | $0.67 | $0.72 | $0.73 | $0.73 | $0.74 | $0.65 | $0.99 | $0.86 | $0.95 | $0.84 | $0.82 |
| Gross margin | 42.6% | 27.8% | 28.2% | 26.8% | 32.7% | 26.1% | 38.6% | 32.6% | 33.5% | 51.1% | 37.3% | 38.7% |
| Operating margin | 20.8% | 8.0% | 9.1% | 7.6% | 13.0% | 7.3% | 16.8% | 12.5% | 10.2% | 29.4% | 12.8% | 15.3% |
| Net margin | 16.5% | 5.6% | 6.3% | 7.6% | 7.1% | 4.3% | 18.2% | 9.3% | 7.2% | 15.2% | 10.2% | 10.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in MDLZ's financial statements (latest annual report filed February 4, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
MDLZ financial results
In fiscal year 2025 (ended December 31, 2025), Mondelez reported revenue of $38.5 billion, up 5.8% from the year before. It had net income of $2.5 billion (down 46.8%), a net profit margin of 6.4%. Diluted earnings per share came to $2.92. Over five years revenue grew at an average rate of 7.7% a year.
See the MDLZ stock overview for the latest quote and news, or the MDLZ chart for price history and technical indicators.
MDLZ income statement FAQ
What is Mondelez's annual revenue?
Mondelez reported total revenue of $38.5 billion for fiscal year 2025, which ended on December 31, 2025. That was up 5.8% from $36.4 billion the previous year.
Is Mondelez profitable?
Yes. Mondelez reported net income of $2.5 billion in fiscal 2025, a net profit margin of 6.4%; its operating margin was 9.2%.
What is Mondelez's gross margin?
Mondelez's gross margin was 28.4% in fiscal 2025: for every $100 of revenue, Mondelez kept $28 after the direct cost of its products and services.
How fast is Mondelez growing?
Revenue grew 7.7% a year on average over the last five fiscal years, from $26.6 billion to $38.5 billion.
What are Mondelez's earnings per share?
Mondelez earned $2.92 per diluted share in fiscal 2025, compared with $3.45 a year earlier.
When will Mondelez report its next earnings?
Mondelez is expected to report results for the quarter ending September 30, 2026 on October 29, 2026 after the market closes.
When does Mondelez's fiscal year end?
Mondelez's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 4, 2026.