Primo Brands Corporation (PRMB) Income Statement
PRMB 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsPRMB revenue and net income
Where PRMB's revenue goes
2025Each bar shows an amount and its share of revenue. PRMB kept 0.9% of revenue as net income.
PRMB profit margins
PRMB growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +29.3% | +57.9% | +27.8% | +8.5% |
| Gross profit | +32.2% | +28.1% | +14.0% | +9.1% |
| Operating income | +33.2% | +77.1% | +42.5% | +19.3% |
| Net income | — | +26.6% | — | +37.4% |
| EPS (diluted) | +46.5% | +56.3% | +21.3% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
PRMB quarterly EPS vs estimates
Primo Brands beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: November 5, 2026 (estimate $0.40).
PRMB income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.66B | $5.15B | $4.70B | $1.69B | $2.07B | $1.95B | $1.80B | $2.37B | $2.27B | $1.62B |
| Cost of revenue | $4.54B | $3.53B | $3.35B | $674.0M | $915.9M | $839.7M | $726.2M | $1.19B | $1.14B | $779.5M |
| Gross profit | $2.14B | $1.62B | $1.35B | $1.02B | $1.16B | $1.11B | $1.07B | $1.18B | $1.13B | $843.7M |
| Sales, general & admin | $1.39B | $1.05B | $503.7M | $590.8M | $1.03B | $544.0M | $611.2M | $1.09B | $1.04B | $576.9M |
| Total operating expenses | $1.39B | $1.06B | $929.1M | $883.8M | $1.03B | $985.8M | $962.2M | $1.09B | $1.04B | $806.2M |
| Operating income | $751.5M | $564.4M | $422.9M | $135.4M | $125.5M | $128.0M | $107.0M | $89.7M | $83.2M | $37.5M |
| Interest expense | $326.5M | $339.6M | $288.1M | $67.8M | $68.8M | $81.6M | $77.6M | $77.6M | $85.5M | $43.0M |
| Income before taxes | $145.0M | $20.7M | $117.9M | $78.2M | $6.3M | −$152.5M | −$6.3M | $24.1M | −$33.6M | −$39.1M |
| Income taxes | $64.6M | $33.3M | $25.1M | $19.5M | $9.5M | $4.3M | $4.5M | −$4.8M | −$30.0M | $21.2M |
| Net income | $60.1M | −$16.4M | $92.8M | $29.6M | −$3.2M | −$185.4M | $2.9M | −$45.0M | −$1.4M | −$77.8M |
| EBITDA | $1.08B | $693.6M | $711.7M | $328.0M | $294.2M | $131.2M | $239.9M | $296.3M | $240.5M | $155.0M |
| EPS (diluted) | $1.26 | $0.86 | $0.61 | $0.33 | $0.56 | $0.48 | $0.08 | $2.74 | −$0.02 | −$0.56 |
| Gross margin | 32.2% | 31.5% | 28.8% | 60.2% | 55.8% | 57.0% | 59.6% | 49.8% | 49.6% | 52.0% |
| Operating margin | 11.3% | 11.0% | 9.0% | 8.0% | 6.1% | 6.6% | 6.0% | 3.8% | 3.7% | 2.3% |
| Net margin | 0.9% | −0.3% | 2.0% | 1.7% | −0.2% | −9.5% | 0.2% | −1.9% | −0.1% | −4.8% |
| 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 | $1.80B | $1.63B | $1.55B | $1.77B | $1.73B | $1.61B | $1.40B | $511.4M | $1.31B | $1.14B | $1.09B | $470.0M |
| Cost of revenue | $1.25B | $1.14B | $1.14B | $1.24B | $1.19B | $1.09B | $965.5M | $180.6M | $884.6M | $790.3M | $771.8M | $166.7M |
| Gross profit | $548.7M | $485.3M | $417.8M | $528.2M | $540.9M | $521.0M | $431.7M | $330.8M | $429.8M | $345.5M | $314.2M | $303.3M |
| Sales, general & admin | $345.5M | $336.7M | $341.0M | $343.0M | $378.6M | $327.8M | $335.9M | $239.7M | $139.8M | $128.3M | $44.3M | $230.8M |
| Total operating expenses | $368.4M | $336.7M | $349.0M | $381.8M | $378.4M | $328.0M | $335.7M | $262.3M | $257.6M | $214.9M | $223.7M | $244.8M |
| Operating income | $180.3M | $148.1M | $68.8M | $146.4M | $162.5M | $193.0M | $96.0M | $68.5M | $172.2M | $130.6M | $90.5M | $58.5M |
| Interest expense | $81.3M | $78.3M | $79.4M | $83.1M | $81.9M | $82.1M | $87.8M | $14.9M | $86.2M | $79.9M | $75.4M | $17.8M |
| Income before taxes | $97.1M | $40.8M | −$21.1M | $66.9M | $46.8M | $52.4M | −$168.8M | $52.1M | $72.8M | $44.9M | $13.2M | $46.0M |
| Income taxes | $27.9M | $13.5M | $4.2M | $26.4M | $16.3M | $17.7M | −$14.9M | $13.9M | $18.3M | $11.4M | $1.1M | $12.3M |
| Net income | $69.2M | $27.3M | −$13.0M | $16.8M | $27.6M | $28.7M | −$157.7M | $30.6M | $54.5M | $33.5M | $12.1M | $33.4M |
| EBITDA | $405.7M | $260.1M | $231.5M | $313.1M | $274.0M | $263.1M | $25.0M | $118.0M | $233.3M | $200.0M | $171.7M | $113.1M |
| EPS (diluted) | $0.34 | $0.23 | $0.23 | $0.41 | $0.33 | $0.29 | $0.13 | $0.35 | $0.26 | $0.12 | $0.12 | $0.21 |
| Gross margin | 30.5% | 29.8% | 26.9% | 29.9% | 31.3% | 32.3% | 30.9% | 64.7% | 32.7% | 30.4% | 28.9% | 64.5% |
| Operating margin | 10.0% | 9.1% | 4.4% | 8.3% | 9.4% | 12.0% | 6.9% | 13.4% | 13.1% | 11.5% | 8.3% | 12.4% |
| Net margin | 3.9% | 1.7% | −0.8% | 1.0% | 1.6% | 1.8% | −11.3% | 6.0% | 4.1% | 2.9% | 1.1% | 7.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in PRMB's financial statements (latest annual report filed February 27, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
PRMB financial results
In fiscal year 2025 (ended December 31, 2025), Primo Brands reported revenue of $6.7 billion, up 29.3% from the year before. It had net income of $60.1 million, a net profit margin of 0.9%. Diluted earnings per share came to $1.26. Over five years revenue grew at an average rate of 27.8% a year.
See the PRMB stock overview for the latest quote and news, or the PRMB chart for price history and technical indicators.
PRMB income statement FAQ
What is Primo Brands's annual revenue?
Primo Brands reported total revenue of $6.7 billion for fiscal year 2025, which ended on December 31, 2025. That was up 29.3% from $5.2 billion the previous year.
Is Primo Brands profitable?
Yes. Primo Brands reported net income of $60.1 million in fiscal 2025, a net profit margin of 0.9%; its operating margin was 11.3%.
What is Primo Brands's gross margin?
Primo Brands's gross margin was 32.2% in fiscal 2025: for every $100 of revenue, Primo Brands kept $32 after the direct cost of its products and services.
How fast is Primo Brands growing?
Revenue grew 27.8% a year on average over the last five fiscal years, from $2.0 billion to $6.7 billion.
What are Primo Brands's earnings per share?
Primo Brands earned $1.26 per diluted share in fiscal 2025, compared with $0.86 a year earlier.
When will Primo Brands report its next earnings?
Primo Brands is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 before the market opens.
When does Primo Brands's fiscal year end?
Primo Brands's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 27, 2026.