Diageo plc (DEO) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q2'26 | Q4'25 | Q2'25 | Q4'24 | Q2'24 | Q4'23 | Q2'23 | Q4'22 | Q2'22 | Q4'21 | Q2'21 | Q4'20 | Q2'20 | Q4'19 | Q2'19 | Q4'18 | Q2'18 | Q4'17 | Q2'17 | Q4'16 |
|---|
| Sales/Revenue | 7.73B | 9.42B | 10.9B | 9.31B | 10.96B | 9.44B | 11.12B | 7.5B | 7.96B | 5.86B | 6.87B | 4.55B | 7.2B | 5.96B | 6.91B | 5.63B | 6.53B | 5.63B | 6.42B | 4.88B |
| Revenue Growth % | -29.05% | 1.26% | -0.56% | -1.36% | -1.42% | 25.88% | 39.75% | 27.92% | 15.75% | 28.71% | -4.53% | -23.61% | 4.23% | 5.79% | 5.79% | 0.07% | 1.7% | 15.37% | 14.54% | -0.69% |
| Cost of Goods Sold | 3.01B | 3.94B | 4.16B | 3.83B | 4.24B | 4.01B | 4.28B | 3.02B | 2.96B | 2.38B | 2.66B | 1.95B | 2.7B | 2.36B | 2.51B | 2.19B | 2.44B | 2.21B | 2.46B | 1.96B |
| COGS % of Revenue | 38.96% | 41.83% | 38.19% | 41.15% | 38.69% | 42.5% | 38.48% | 40.27% | 37.14% | 40.57% | 38.71% | 42.88% | 37.53% | 39.57% | 36.31% | 38.97% | 37.35% | 39.35% | 38.39% | 40.15% |
| Gross Profit | 4.72B | 5.48B | 6.74B | 5.48B | 6.72B | 5.42B | 6.84B | 4.48B | 5B | 3.48B | 4.21B | 2.6B | 4.5B | 3.6B | 4.4B | 3.44B | 4.09B | 3.41B | 3.96B | 2.92B |
| Gross Margin % | 61.04% | 58.17% | 61.81% | 58.85% | 61.31% | 57.5% | 61.52% | 59.73% | 62.86% | 59.43% | 61.29% | 57.12% | 62.47% | 60.43% | 63.69% | 61.03% | 62.65% | 60.65% | 61.61% | 59.85% |
| Gross Profit Growth % | -29.94% | 0.09% | 0.25% | 0.96% | -1.75% | 21.17% | 36.77% | 28.58% | 18.73% | 33.92% | -6.34% | -27.8% | 2.23% | 4.74% | 7.55% | 0.7% | 3.41% | 16.92% | 19.37% | 6.34% |
| Operating Expenses | 2.31B | 3.31B | 3.58B | 2.79B | 3.4B | 3.61B | 3.11B | 2.42B | 2.26B | 1.99B | 1.96B | 1.64B | 2B | 1.88B | 1.65B | 1.78B | 1.76B | 1.79B | 1.73B | 1.7B |
| OpEx % of Revenue | 29.91% | 35.17% | 32.87% | 30.01% | 31.05% | 38.25% | 27.97% | 32.31% | 28.39% | 34.03% | 28.47% | 35.96% | 27.74% | 31.46% | 23.86% | 31.62% | 26.91% | 31.76% | 26.93% | 34.84% |
| Selling, General & Admin | 2.31B | 3.31B | 1.9B | 1.74B | 1.95B | 1.8B | 1.86B | 2.42B | 2.26B | 1.99B | 1.96B | 1.64B | 2B | 983M | 1.05B | 918M | 975M | 902M | 921M | 743M |
| SG&A % of Revenue | 29.91% | 35.17% | 17.39% | 18.68% | 17.81% | 19.1% | 16.74% | 32.31% | 28.39% | 34.03% | 28.47% | 35.96% | 27.74% | 16.5% | 15.23% | 16.3% | 14.93% | 16.02% | 14.34% | 15.23% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21.5M | 0 | 20M | 0 | 17M | 0 | 35M | 0 | 36M | 0 | 33M | 0 | 28M |
| R&D % of Revenue | - | - | - | - | - | - | - | 0.29% | - | 0.34% | - | 0.37% | - | 0.59% | - | 0.64% | - | 0.59% | - | 0.57% |
| Other Operating Expenses | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 2.41B | 2.17B | 3.15B | 2.68B | 3.32B | 1.82B | 3.73B | 2.06B | 2.74B | 1.49B | 2.26B | 963M | 2.5B | 1.67B | 2.45B | 1.63B | 2.18B | 1.52B | 2.05B | 1.29B |
| Operating Margin % | 31.13% | 23% | 28.94% | 28.84% | 30.26% | 19.25% | 33.55% | 27.42% | 34.47% | 25.4% | 32.82% | 21.16% | 34.74% | 28.02% | 35.51% | 28.85% | 33.43% | 27.07% | 31.96% | 26.4% |
| Operating Income Growth % | -23.7% | -19.24% | -4.88% | 47.8% | -11.1% | -11.63% | 36.02% | 38.1% | 21.59% | 54.52% | -9.8% | -42.34% | 1.96% | 2.77% | 12.37% | 6.63% | 6.38% | 18.32% | 19.65% | 6.53% |
| EBITDA | 2.71B | 2.53B | 3.54B | 2.77B | 3.73B | 2.7B | 4.14B | 2.32B | 2.97B | 1.72B | 2.48B | 1.22B | 2.73B | 2.59B | 2.64B | 1.75B | 2.37B | 1.65B | 2.23B | 1.41B |
| EBITDA Margin % | 35.11% | 26.84% | 32.51% | 29.72% | 34.01% | 28.64% | 37.25% | 30.95% | 37.29% | 29.29% | 36.01% | 26.71% | 37.89% | 43.46% | 38.19% | 31.08% | 36.29% | 29.38% | 34.73% | 28.84% |
| EBITDA Growth % | -23.39% | -8.55% | -4.94% | 2.37% | -10% | 16.47% | 39.6% | 35.2% | 19.88% | 41.12% | -9.27% | -53.04% | 3.41% | 47.89% | 11.31% | 5.86% | 6.28% | 17.56% | 17.86% | 1.22% |
| D&A (Non-Cash Add-back) | 307.58M | 362.09M | 389M | 82M | 411M | 886M | 411M | 265M | 224M | 228M | 219M | 253M | 227M | 919.5M | 185M | 126M | 187M | 130M | 178M | 119M |
| EBIT | 2.41B | 1.18B | 2.99B | 2.95B | 3.8B | 2.51B | 4.25B | 1.69B | 2.75B | 1.55B | 2.29B | -273M | 2.56B | 1.67B | 2.45B | 1.63B | 2.18B | 1.52B | 2.05B | 1.29B |
| Net Interest Income | -300.93M | -378.22M | -166M | -454M | -431M | -367M | -345M | -187M | -162M | -157M | -189M | -184M | -150M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 89.46M | 113.97M | 54M | 113M | 287M | 106M | 303M | 66M | 61M | 61M | 58M | 70M | 122M | 118M | 125M | 121M | 130M | 141M | 153M | 146M |
| Interest Expense | 390.39M | 492.19M | 220M | 567M | 718M | 473M | 648M | 253M | 223M | 218M | 247M | 254M | 272M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | -342.33M | -1.4B | -381M | -303M | -238M | 219M | -124M | 119.35M | -211M | -160M | -212M | -374.5M | -213M | -4M | 197M | 35M | 14M | -9M | 9M | -154M |
| Pretax Income | 2.07B | 769.56M | 2.77B | 2.38B | 3.08B | 2.04B | 3.61B | 1.44B | 2.53B | 1.33B | 2.04B | -527M | 2.29B | 1.61B | 2.63B | 1.54B | 2.2B | 1.49B | 2.07B | 1.07B |
| Pretax Margin % | 26.7% | 8.17% | 25.45% | 25.58% | 28.09% | 21.57% | 32.44% | 19.19% | 31.82% | 22.67% | 29.74% | -11.58% | 31.78% | 26.98% | 38.03% | 27.27% | 33.75% | 26.38% | 32.3% | 22.01% |
| Income Tax | 504.99M | 302.58M | 699M | 557M | 737M | 397M | 766M | 415M | 634M | 370M | 537M | 59M | 530M | 338M | 560M | 519M | 77M | 296M | 436M | 200M |
| Effective Tax Rate % | 24.45% | 39.32% | 25.2% | 23.39% | 23.94% | 19.51% | 21.24% | 28.86% | 25.04% | 27.86% | 26.27% | -11.2% | 23.16% | 21.02% | 21.32% | 33.79% | 3.49% | 19.93% | 21.02% | 18.62% |
| Net Income | 1.48B | 422.6M | 1.94B | 1.66B | 2.21B | 1.74B | 2.71B | 1.28B | 1.97B | 1.08B | 1.58B | -456M | 1.86B | 1.18B | 1.98B | 964M | 2.06B | 1.15B | 1.57B | 838M |
| Net Margin % | 19.07% | 4.48% | 17.75% | 17.84% | 20.16% | 18.4% | 24.36% | 17.13% | 24.7% | 18.43% | 22.99% | -10.02% | 25.9% | 19.87% | 28.6% | 17.11% | 31.52% | 20.39% | 24.44% | 17.18% |
| Net Income Growth % | -23.77% | -74.54% | -12.44% | -4.38% | -18.42% | 35.2% | 37.86% | 18.89% | 24.37% | 336.84% | -15.28% | -138.51% | -5.62% | 22.82% | -3.98% | -16.03% | 31.17% | 36.99% | 11.59% | -21.68% |
| Net Income (Continuing) | 1.56B | 466.98M | 2.08B | 1.82B | 2.34B | 1.64B | 2.84B | 1.02B | 1.9B | 958M | 1.51B | -586M | 1.76B | 1.27B | 2.07B | 1.02B | 2.13B | 1.19B | 1.64B | 874M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | 0 |
| Minority Interest | 1.55B | 2.09B | 2.12B | 2.04B | 1.93B | 1.85B | 2.07B | 1.72B | 1.67B | 1.53B | 1.56B | 1.67B | 1.71B | 1.79B | 1.77B | 1.76B | 1.77B | 1.72B | 1.78B | 1.65B |
| EPS (Diluted) | 2.64 | 0.76 | 3.48 | 3.80 | 3.12 | 3.08 | 4.76 | 2.24 | 3.36 | 1.84 | 2.68 | -0.80 | 3.16 | 2.00 | 3.20 | 1.52 | 3.28 | 1.84 | 2.48 | 1.36 |
| EPS Growth % | -24.14% | -80% | 11.54% | 23.38% | -34.45% | 37.5% | 41.67% | 21.74% | 25.37% | 330% | -15.19% | -140% | -1.25% | 31.58% | -2.44% | -17.39% | 32.26% | 35.29% | 10.71% | -19.05% |
| EPS (Basic) | 2.64 | 0.76 | 3.48 | 3.76 | 3.16 | 3.08 | 4.76 | 2.24 | 3.36 | 1.84 | 2.72 | -0.80 | 3.16 | 2.00 | 3.20 | 1.52 | 3.28 | 1.84 | 2.48 | 1.36 |
| Diluted Shares Outstanding | 557.75M | 557M | 557M | 559.75M | 561.75M | 567.75M | 570.25M | 575.97M | 584.75M | 586.98M | 585.75M | 583.75M | 591.5M | 1.2B | 1.23B | 1.24B | 1.26B | 1.26B | 1.26B | 1.26B |
| Basic Shares Outstanding | 555.75M | 555.25M | 555.25M | 558.5M | 560.5M | 567.75M | 568.5M | 574.6M | 582.75M | 584.62M | 584M | 583.75M | 589M | 1.2B | 1.23B | 1.24B | 1.26B | 1.26B | 1.26B | 1.26B |
| Dividend Payout Ratio | 70.23% | 217.22% | 72.3% | 53.86% | 61% | 50.17% | 44.08% | 52.8% | 52.93% | 60.56% | 62.78% | - | 53.94% | 53.21% | 50.25% | 63.59% | 47.04% | 51.83% | 58.64% | 67.66% |