Mizuho Financial Group, Inc. (MFG) Income Statement
MFG FY2026 at a glance
Fiscal year ended March 31, 2026 · Japanese yenMFG revenue and net income
Where MFG's revenue goes
FY2026Each bar shows an amount and its share of revenue. MFG kept 14.0% of revenue as net income.
MFG profit margins
MFG growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +10.4% | +24.8% | +26.9% | +12.4% |
| Gross profit | +29.1% | +21.6% | +15.5% | +6.5% |
| Operating income | +44.5% | +30.2% | +21.4% | +5.5% |
| Net income | +49.5% | +33.6% | +23.0% | +7.0% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
MFG income statement in Japanese yen
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥9.49T | ¥8.60T | ¥7.86T | ¥4.89T | ¥2.84T | ¥2.89T | ¥3.59T | ¥3.49T | ¥3.12T | ¥3.01T |
| Cost of revenue | ¥4.85T | ¥5.01T | ¥4.99T | ¥2.31T | ¥550.65B | ¥632.73B | ¥1.45T | ¥1.31T | ¥658.69B | ¥625.24B |
| Gross profit | ¥4.64T | ¥3.59T | ¥2.86T | ¥2.58T | ¥2.28T | ¥2.26T | ¥2.14T | ¥2.17T | ¥2.46T | ¥2.38T |
| Research & development | — | — | — | — | — | — | — | ¥0 | ¥0 | ¥0 |
| Sales, general & admin | ¥2.10T | ¥1.84T | ¥1.69T | ¥1.45T | ¥1.39T | ¥1.41T | ¥1.38T | ¥1.43T | ¥1.49T | ¥1.47T |
| Total operating expenses | ¥2.92T | ¥2.40T | ¥1.91T | ¥1.80T | ¥1.68T | ¥1.60T | ¥1.52T | ¥2.06T | ¥1.66T | ¥1.60T |
| Operating income | ¥1.72T | ¥1.19T | ¥955.03B | ¥778.96B | ¥603.87B | ¥652.16B | ¥618.72B | ¥116.26B | ¥799.95B | ¥784.19B |
| Interest income | ¥5.85T | ¥6.00T | ¥5.77T | ¥3.18T | ¥1.31T | ¥1.33T | ¥2.15T | ¥2.21T | ¥1.76T | ¥1.51T |
| Interest expense | ¥4.74T | ¥4.95T | ¥4.88T | ¥2.22T | ¥315.55B | ¥427.83B | ¥1.28T | ¥1.29T | ¥814.99B | ¥577.74B |
| Income before taxes | ¥1.72T | ¥1.19T | ¥955.03B | ¥778.96B | ¥603.87B | ¥652.16B | ¥618.72B | ¥116.26B | ¥799.95B | ¥784.19B |
| Income taxes | ¥390.33B | ¥301.42B | ¥271.74B | ¥218.83B | ¥60.69B | ¥174.79B | ¥161.50B | −¥2.50B | ¥191.63B | ¥137.74B |
| Net income | ¥1.32T | ¥885.43B | ¥678.99B | ¥555.53B | ¥530.48B | ¥471.02B | ¥448.57B | ¥96.57B | ¥576.55B | ¥603.54B |
| EBITDA | ¥1.96T | ¥1.40T | ¥1.13T | ¥945.90B | ¥769.51B | ¥819.14B | ¥775.45B | ¥288.54B | ¥977.77B | ¥953.27B |
| Gross margin | 48.9% | 41.8% | 36.5% | 52.8% | 80.6% | 78.1% | 59.6% | 62.3% | 78.9% | 79.2% |
| Operating margin | 18.1% | 13.8% | 12.2% | 15.9% | 21.3% | 22.6% | 17.2% | 3.3% | 25.6% | 26.1% |
| Net margin | 14.0% | 10.3% | 8.6% | 11.4% | 18.7% | 16.3% | 12.5% | 2.8% | 18.5% | 20.1% |
| 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 | ¥2.36T | ¥2.27T | ¥2.23T | ¥2.15T | ¥2.01T | ¥1.94T | ¥2.39T | ¥2.12T | ¥2.32T | ¥2.25T | ¥1.92T | ¥1.92T |
| Cost of revenue | ¥1.15T | ¥1.10T | ¥1.24T | ¥1.10T | ¥1.11T | ¥1.03T | ¥1.41T | ¥1.16T | ¥1.39T | ¥1.57T | ¥1.16T | ¥1.21T |
| Gross profit | ¥1.21T | ¥1.17T | ¥987.95B | ¥1.05T | ¥901.63B | ¥910.82B | ¥988.75B | ¥960.59B | ¥923.68B | ¥676.94B | ¥763.08B | ¥702.73B |
| Sales, general & admin | ¥505.97B | ¥594.29B | ¥543.02B | ¥505.44B | ¥460.70B | ¥482.88B | ¥480.65B | ¥425.46B | ¥451.71B | ¥491.68B | ¥389.29B | ¥398.32B |
| Total operating expenses | ¥612.44B | ¥869.49B | ¥563.44B | ¥531.68B | ¥523.04B | ¥887.97B | ¥612.67B | ¥566.82B | ¥526.30B | ¥643.36B | ¥437.95B | ¥419.99B |
| Operating income | ¥600.72B | ¥304.56B | ¥424.51B | ¥520.12B | ¥378.60B | ¥22.85B | ¥376.08B | ¥393.77B | ¥397.39B | ¥33.58B | ¥325.13B | ¥282.75B |
| Interest income | ¥1.49T | ¥1.46T | ¥1.50T | ¥1.47T | ¥1.42T | ¥1.27T | ¥1.68T | ¥1.42T | ¥1.62T | ¥1.71T | ¥1.36T | ¥1.41T |
| Interest expense | ¥1.15T | ¥1.10T | ¥1.16T | ¥1.12T | ¥1.12T | ¥962.19B | ¥1.43T | ¥1.17T | ¥1.39T | ¥1.48T | ¥1.15T | ¥1.18T |
| Income before taxes | ¥600.72B | ¥304.56B | ¥424.51B | ¥520.12B | ¥378.60B | ¥22.85B | ¥376.08B | ¥393.77B | ¥397.39B | ¥33.58B | ¥325.13B | ¥282.75B |
| Income taxes | ¥170.63B | ¥70.04B | ¥93.22B | ¥119.20B | ¥86.93B | −¥7.49B | ¥85.77B | ¥116.05B | ¥107.08B | −¥4.28B | ¥97.36B | ¥111.43B |
| Net income | ¥428.48B | ¥232.94B | ¥329.94B | ¥399.43B | ¥290.52B | ¥30.06B | ¥289.23B | ¥276.84B | ¥289.30B | ¥36.67B | ¥226.57B | ¥170.56B |
| EBITDA | ¥600.72B | ¥304.56B | ¥424.51B | ¥520.12B | ¥378.60B | ¥22.85B | ¥376.08B | ¥393.77B | ¥397.39B | ¥33.58B | ¥325.13B | ¥282.75B |
| Gross margin | 51.4% | 51.7% | 44.3% | 49.0% | 44.8% | 47.0% | 41.3% | 45.4% | 39.9% | 30.1% | 39.8% | 36.7% |
| Operating margin | 25.5% | 13.4% | 19.0% | 24.2% | 18.8% | 1.2% | 15.7% | 18.6% | 17.2% | 1.5% | 16.9% | 14.7% |
| Net margin | 18.2% | 10.3% | 14.8% | 18.6% | 14.4% | 1.6% | 12.1% | 13.1% | 12.5% | 1.6% | 11.8% | 8.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in Japanese yen as reported in MFG's financial statements (latest annual report filed June 26, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
MFG financial results
In fiscal year 2026 (ended March 31, 2026), Mizuho Financial reported revenue of ¥9.49 trillion, up 10.4% from the year before. It had net income of ¥1.32 trillion (up 49.5%), a net profit margin of 14.0%. Over five years revenue grew at an average rate of 26.9% a year. Figures are in Japanese yen, the currency of its financial statements.
See the MFG stock overview for the latest quote and news, or the MFG chart for price history and technical indicators.
MFG income statement FAQ
What is Mizuho Financial's annual revenue?
Mizuho Financial reported total revenue of ¥9.49 trillion for fiscal year 2026, which ended on March 31, 2026. That was up 10.4% from ¥8.60 trillion the previous year.
Is Mizuho Financial profitable?
Yes. Mizuho Financial reported net income of ¥1.32 trillion in fiscal 2026, a net profit margin of 14.0%; its operating margin was 18.1%.
What is Mizuho Financial's gross margin?
Mizuho Financial's gross margin was 48.9% in fiscal 2026: for every $100 of revenue, Mizuho Financial kept $49 after the direct cost of its products and services.
How fast is Mizuho Financial growing?
Revenue grew 26.9% a year on average over the last five fiscal years, from ¥2.89 trillion to ¥9.49 trillion.
When will Mizuho Financial report its next earnings?
Mizuho Financial is expected to report results for the quarter ending September 30, 2026 on November 13, 2026 after the market closes.
When does Mizuho Financial's fiscal year end?
Mizuho Financial's fiscal year ends in March. The latest annual report covers the year ended March 31, 2026 and was filed on June 26, 2026.