Woori Financial Group Inc. (WF) Income Statement

NYSE: WFRevenue, profits, margins and EPS over 10 years.

WF 2025 at a glance

Fiscal year ended December 31, 2025 · South Korean won
Revenue−84.0%
₩4.12T
2025 · hover or tap a bar for each year
2016: ₩9.75T (−12.0%)2017: ₩10.57T (+8.5%)2018: ₩11.49T (+8.7%)2019: ₩12.43T (+8.1%)2020: ₩11.25T (−9.5%)2021: ₩12.51T (+11.2%)2022: ₩17.39T (+39.0%)2023: ₩23.70T (+36.3%)2024: ₩25.75T (+8.7%)2025: ₩4.12T (−84.0%)
20162025
Gross profit−62.3%
₩4.12T
2025 · hover or tap a bar for each year
2016: ₩5.42T (−51.0%)2017: ₩6.46T (+19.1%)2018: ₩7.13T (+10.4%)2019: ₩7.37T (+3.4%)2020: ₩6.94T (−5.8%)2021: ₩9.07T (+30.6%)2022: ₩10.55T (+16.3%)2023: ₩9.93T (−5.9%)2024: ₩10.91T (+9.9%)2025: ₩4.12T (−62.3%)
20162025
Operating income−2.5%
₩4.12T
2025 · hover or tap a bar for each year
2016: ₩1.55T (+21.6%)2017: ₩1.95T (+25.5%)2018: ₩2.80T (+43.9%)2019: ₩2.72T (−2.9%)2020: ₩2.00T (−26.5%)2021: ₩3.69T (+84.2%)2022: ₩4.55T (+23.3%)2023: ₩3.52T (−22.7%)2024: ₩4.22T (+20.1%)2025: ₩4.12T (−2.5%)
20162025
Net income+5.1%
₩3.24T
2025 · hover or tap a bar for each year
2016: ₩1.26T (+44.0%)2017: ₩1.51T (+19.9%)2018: ₩2.03T (+34.5%)2019: ₩1.87T (−7.9%)2020: ₩1.31T (−30.2%)2021: ₩2.54T (+94.5%)2022: ₩3.19T (+25.3%)2023: ₩2.51T (−21.4%)2024: ₩3.09T (+23.1%)2025: ₩3.24T (+5.1%)
20162025
Net profit margin+66.8 pts
78.8%
2025 · hover or tap a point for each year
2016: 12.9% (+5.0 pts)2017: 14.3% (+1.4 pts)2018: 17.7% (+3.4 pts)2019: 15.1% (−2.6 pts)2020: 11.6% (−3.4 pts)2021: 20.3% (+8.7 pts)2022: 18.3% (−2.0 pts)2023: 10.6% (−7.8 pts)2024: 12.0% (+1.4 pts)2025: 78.8% (+66.8 pts)
20162025

WF revenue and net income

RevenueNet incomeNet margin (right axis)

Where WF's revenue goes

2025
Revenue
₩4.12T100.0%
Cost of revenue
−₩14.44T−350.8%
Gross profit
₩4.12T100.0%
Sales, general & admin
−₩3.64T−88.5%
Other operating expenses
−₩3.47T−84.2%
Operating income
₩4.12T100.0%
Income taxes
−₩871.18B−21.2%
Net income
₩3.24T78.8%

Each bar shows an amount and its share of revenue. WF kept 78.8% of revenue as net income.

WF profit margins

GrossOperatingNet

WF growth rates

to 2025
1 year3 years5 years10 years
Revenue−84.0%−38.1%−18.2%−9.4%
Gross profit−62.3%−26.9%−9.9%−9.4%
Operating income−2.5%−3.3%+15.5%+12.4%
Net income+5.1%+0.6%+19.9%+14.0%

1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.

WF income statement in South Korean won

2025202420232022202120202019201820172016
Revenue₩4.12T₩25.75T₩23.70T₩17.39T₩12.51T₩11.25T₩12.43T₩11.49T₩10.57T₩9.75T
Cost of revenue₩14.44T₩14.84T₩13.77T₩6.84T₩3.44T₩4.31T₩5.06T₩4.36T₩4.12T₩4.33T
Gross profit₩4.12T₩10.91T₩9.93T₩10.55T₩9.07T₩6.94T₩7.37T₩7.13T₩6.46T₩5.42T
Research & development——————₩0₩0₩0₩0
Sales, general & admin₩3.64T₩4.23T₩4.05T₩4.11T₩3.71T₩3.47T₩3.32T₩3.61T₩3.24T₩3.13T
Total operating expenses₩7.11T₩6.69T₩6.41T₩6.00T₩5.38T₩4.94T₩4.65T₩4.32T₩4.51T₩3.87T
Operating income₩4.12T₩4.22T₩3.52T₩4.55T₩3.69T₩2.00T₩2.72T₩2.80T₩1.95T₩1.55T
Interest income₩21.19T₩22.01T₩19.83T₩14.65T₩9.89T₩9.52T₩10.58T₩9.68T₩8.55T₩8.51T
Interest expense₩12.32T₩13.13T₩11.90T₩5.96T₩2.91T₩3.53T₩4.68T₩4.03T₩3.33T₩3.49T
Income before taxes₩4.12T₩4.22T₩3.52T₩4.55T₩3.69T₩2.00T₩2.72T₩2.80T₩1.95T₩1.55T
Income taxes₩871.18B₩1.05T₩890.56B₩1.18T₩924.77B₩486.00B₩685.45B₩753.22B₩419.42B₩275.86B
Net income₩3.24T₩3.09T₩2.51T₩3.19T₩2.54T₩1.31T₩1.87T₩2.03T₩1.51T₩1.26T
EBITDA₩5.37T₩5.39T₩4.51T₩5.48T₩4.48T₩2.54T₩3.23T₩3.08T₩2.19T₩1.81T
Gross margin100.0%42.4%41.9%60.7%72.5%61.7%59.3%62.0%61.1%55.6%
Operating margin100.0%16.4%14.8%26.2%29.5%17.8%21.9%24.4%18.4%15.9%
Net margin78.8%12.0%10.6%18.3%20.3%11.6%15.1%17.7%14.3%12.9%

Quarterly columns are labeled by the month the quarter ended. Figures in South Korean won as reported in WF's financial statements (latest annual report filed April 22, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.

WF financial results

In fiscal year 2025 (ended December 31, 2025), Woori Financial reported revenue of ₩4.12 trillion, down 84.0% from the year before. It had net income of ₩3.24 trillion (up 5.1%), a net profit margin of 78.8%. Over five years revenue grew at an average rate of −18.2% a year. Figures are in South Korean won, the currency of its financial statements.

See the WF stock overview for the latest quote and news, or the WF chart for price history and technical indicators.

WF income statement FAQ

What is Woori Financial's annual revenue?

Woori Financial reported total revenue of ₩4.12 trillion for fiscal year 2025, which ended on December 31, 2025. That was down 84.0% from ₩25.75 trillion the previous year.

Is Woori Financial profitable?

Yes. Woori Financial reported net income of ₩3.24 trillion in fiscal 2025, a net profit margin of 78.8%; its operating margin was 100.0%.

What is Woori Financial's gross margin?

Woori Financial's gross margin was 100.0% in fiscal 2025: for every $100 of revenue, Woori Financial kept $100 after the direct cost of its products and services.

How fast is Woori Financial growing?

Revenue grew −18.2% a year on average over the last five fiscal years, from ₩11.25 trillion to ₩4.12 trillion.

When will Woori Financial report its next earnings?

Woori Financial is expected to report results for the quarter ending September 30, 2026 on November 13, 2026.

When does Woori Financial's fiscal year end?

Woori Financial's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 22, 2026.

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