Unilever PLC (UL) Income Statement
UL 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsUL revenue and net income
Where UL's revenue goes
2025Each bar shows an amount and its share of revenue. UL kept 18.7% of revenue as net income.
UL profit margins
UL growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| Gross profit | — | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
UL quarterly EPS vs estimates
Unilever beat the analyst EPS estimate in 5 of the last 7 quarters.
UL income statement
| 2025 | |
|---|---|
| Revenue | $50.50B |
| Cost of revenue | $26.79B |
| Gross profit | $50.50B |
| Sales, general & admin | $13.62B |
| Total operating expenses | $13.58B |
| Operating income | $9.04B |
| Interest income | $398.0M |
| Interest expense | $983.6M |
| Income before taxes | $8.69B |
| Income taxes | $2.48B |
| Net income | $9.47B |
| EBITDA | $11.04B |
| EPS (diluted) | $4.31 |
| Gross margin | 100.0% |
| Operating margin | 17.9% |
| Net margin | 18.7% |
| Jun '26 | Dec '25 | Jun '25 | Dec '24 | Jun '24 | Dec '23 | Sep '23 | Jun '23 | Mar '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $25.62B | $20.23B | $30.13B | $29.64B | $31.12B | $29.18B | $14.59B | $30.43B | $15.21B |
| Cost of revenue | $0 | −$150.8M | $0 | $33.39B | $0 | $34.43B | $17.21B | $15.81B | $0 |
| Gross profit | $25.62B | $20.38B | $30.13B | $29.64B | $31.12B | −$5.25B | −$2.63B | $30.43B | $15.21B |
| Research & development | — | — | — | — | — | $949.0M | $474.5M | — | — |
| Sales, general & admin | — | — | — | $36.0M | — | $6.64B | $3.32B | — | — |
| Total operating expenses | $20.74B | $15.59B | $24.81B | $26.19B | $25.17B | −$9.49B | $4.82B | $24.91B | $12.43B |
| Operating income | $4.88B | $4.17B | $5.32B | $3.45B | $5.95B | $4.24B | $2.40B | $5.52B | $2.64B |
| Interest income | — | $70.0M | $262.0M | $147.0M | $260.0M | — | — | $201.0M | — |
| Interest expense | $567.0M | $464.5M | $377.0M | $269.0M | $393.0M | $518.7M | — | $527.2M | — |
| Income before taxes | $4.66B | $3.57B | $5.09B | $3.30B | $5.57B | $4.07B | $2.04B | $5.27B | $2.63B |
| Income taxes | $1.39B | $1.19B | $1.28B | $950.0M | $1.55B | $814.0M | $407.0M | $1.39B | $692.5M |
| Net income | $3.32B | $2.56B | $3.51B | $2.04B | $3.70B | $2.94B | $1.47B | $3.55B | $1.77B |
| EBITDA | $5.89B | $4.64B | $6.47B | $6.09B | $6.92B | $5.69B | $2.51B | $6.03B | $3.01B |
| EPS (diluted) | — | — | $1.42 | $0.82 | $1.53 | $2.60 | $0.00 | $1.40 | $0.00 |
| Gross margin | 100.0% | 100.7% | 100.0% | 100.0% | 100.0% | −18.0% | −18.0% | 100.0% | 100.0% |
| Operating margin | 19.1% | 20.6% | 17.6% | 11.6% | 19.1% | 14.5% | 16.4% | 18.1% | 17.3% |
| Net margin | 12.9% | 12.7% | 11.7% | 6.9% | 11.9% | 10.1% | 10.1% | 11.7% | 11.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in UL's financial statements (latest annual report filed March 12, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
UL financial results
In fiscal year 2025 (ended December 31, 2025), Unilever reported revenue of $50.5 billion. It had net income of $9.5 billion, a net profit margin of 18.7%. Diluted earnings per share came to $4.31.
See the UL stock overview for the latest quote and news, or the UL chart for price history and technical indicators.
UL income statement FAQ
What is Unilever's annual revenue?
Unilever reported total revenue of $50.5 billion for fiscal year 2025, which ended on December 31, 2025.
Is Unilever profitable?
Yes. Unilever reported net income of $9.5 billion in fiscal 2025, a net profit margin of 18.7%; its operating margin was 17.9%.
What is Unilever's gross margin?
Unilever's gross margin was 100.0% in fiscal 2025: for every $100 of revenue, Unilever kept $100 after the direct cost of its products and services.
What are Unilever's earnings per share?
Unilever earned $4.31 per diluted share in fiscal 2025.
When does Unilever's fiscal year end?
Unilever's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 12, 2026.