Financials in USD. Standardized financial statements.
A compact view of how Rakuten Group, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $2.62T | $2.28T | $2.07T | $1.93T | $1.68T | $1.46T | $1.26T | $1.10T | $944.47B | $781.92B |
| Revenue Growth? | +14.8% | +10.0% | +7.4% | +14.6% | +15.5% | +15.2% | +14.7% | +16.6% | +20.8% | 0.0% |
| Cost of Revenue? | $2.52T | $1.96T | $1.28T | $2.25T | $1.97T | $1.58T | $648.12B | $481.03B | $373.78B | $284.70B |
| Gross Profit? | $102.13B | $316.29B | $790.31B | -$326.24B | -$284.66B | -$124.09B | $615.81B | $620.45B | $570.70B | $497.21B |
| Gross Margin? | +3.9% | +13.9% | +38.2% | -16.9% | -16.9% | -8.5% | +48.7% | +56.3% | +60.4% | +63.6% |
| Operating Expenses? | $0 | $263.31B | $953.95B | $2.29T | $1.88T | $1.55T | $1.19T | $931.05B | $792.46B | $678.58B |
| Operating Income? | $102.13B | $52.98B | -$163.64B | -$326.24B | -$284.66B | -$124.09B | -$35.53B | $170.43B | $149.34B | $77.98B |
| EBITDA? | $438.14B | $442.66B | $146.60B | -$70.19B | $23.36B | $80.10B | $103.86B | $149.84B | $161.38B | $146.71B |
| Income Before Tax | -$30.98B | $16.28B | -$217.74B | -$407.89B | -$212.63B | -$151.02B | -$44.56B | $165.42B | $138.08B | $73.92B |
| Income Tax Expense | $98.20B | $145.76B | $111.79B | -$35.37B | -$76.80B | -$35.18B | -$11.49B | $23.53B | $27.59B | $35.92B |
| Net Income? | -$186.51B | -$162.44B | -$339.47B | -$375.91B | -$133.83B | -$114.20B | -$33.07B | $142.28B | $110.58B | $37.99B |
| EPS? | $-86.27 | $-75.61 | $-177.29 | $-235.00 | $-87.62 | $-84.00 | $-24.42 | $105.43 | $80.03 | $26.65 |
| Diluted EPS? | $-86.27 | $-75.62 | $-177.27 | $-235.16 | $-87.62 | $-84.00 | $-24.42 | $104.38 | $79.28 | $26.44 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality