Financials in USD. Standardized financial statements.
A compact view of how The Swatch Group AG 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? | $6.28B | $6.74B | $7.89B | $7.50B | $7.31B | $5.59B | $8.24B | $8.47B | $7.96B | $7.55B |
| Revenue Growth? | -6.8% | -14.6% | +5.2% | +2.5% | +30.7% | -32.1% | -2.7% | +6.5% | +5.4% | 0.0% |
| Cost of Revenue? | $1.12B | $1.49B | $1.18B | $1.63B | $1.77B | $1.54B | $1.90B | $1.91B | $1.89B | $1.81B |
| Gross Profit? | $5.16B | $5.25B | $6.71B | $5.87B | $5.54B | $4.05B | $6.34B | $6.57B | $6.07B | $5.75B |
| Gross Margin? | +82.2% | +78.0% | +85.1% | +78.3% | +75.7% | +72.4% | +77.0% | +77.5% | +76.3% | +76.1% |
| Operating Expenses? | $5.03B | $4.95B | $5.52B | $4.71B | $4.52B | $4.00B | $5.32B | $5.41B | $5.07B | $4.94B |
| Operating Income? | $135.00M | $304.00M | $1.19B | $1.16B | $1.02B | $52.00M | $1.02B | $1.15B | $1.00B | $805.00M |
| EBITDA? | $558.00M | $764.00M | $1.54B | $1.51B | $1.45B | $476.00M | $1.49B | $1.63B | $1.44B | $1.20B |
| Income Before Tax | $158.00M | $345.00M | $1.15B | $1.10B | $1.01B | $36.00M | $1.00B | $1.13B | $1.01B | $777.00M |
| Income Tax Expense | $133.00M | $126.00M | $262.00M | $273.00M | $237.00M | $89.00M | $256.00M | $266.00M | $252.00M | $184.00M |
| Net Income? | $3.00M | $193.00M | $869.00M | $807.00M | $765.00M | -$51.00M | $730.00M | $845.00M | $733.00M | $574.00M |
| EPS? | $0.06 | $3.74 | $16.75 | $15.57 | $14.77 | $-0.99 | $14.17 | $16.14 | $13.91 | $10.69 |
| Diluted EPS? | $0.06 | $3.74 | $16.75 | $15.56 | $14.76 | $-0.99 | $14.16 | $16.13 | $13.91 | $10.68 |
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