Vodafone Group Public Limited Company (VOD) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q4'26 | 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 |
|---|
| Sales/Revenue | 21.14B | 19.61B | 19.17B | 18.28B | 14.78B | 21.94B | 14.18B | 22.93B | 23.09B | 22.49B | 22.38B | 21.43B | 23.04B | 22.41B | 21.82B | 21.85B | 23.5B | 23.07B | 23.58B | 24.05B |
| Revenue Growth % | 10.26% | 7.29% | 29.72% | -16.69% | 4.25% | -4.33% | -38.6% | 1.96% | 3.17% | 4.96% | -2.83% | -4.39% | 5.58% | 2.57% | -7.14% | -5.32% | -0.36% | -4.06% | -0.94% | -14.56% |
| Cost of Goods Sold | 14.7B | 13.23B | 12.81B | 12.12B | 9.18B | 15.28B | 8.44B | 15.58B | 15.48B | 15.1B | 15.33B | 14.75B | 15.67B | 15.33B | 14.99B | 15.17B | 16.56B | 16.21B | 17.05B | 17.53B |
| COGS % of Revenue | 69.53% | 67.46% | 66.8% | 66.33% | 62.12% | 69.64% | 59.55% | 67.95% | 67.03% | 67.13% | 68.5% | 68.86% | 68.04% | 68.42% | 68.69% | 69.45% | 70.49% | 70.24% | 72.29% | 72.89% |
| Gross Profit | 6.44B | 6.38B | 6.37B | 6.15B | 5.6B | 6.66B | 5.73B | 7.35B | 7.61B | 7.39B | 7.05B | 6.67B | 7.36B | 7.08B | 6.83B | 6.67B | 6.93B | 6.87B | 6.53B | 6.52B |
| Gross Margin % | 30.47% | 32.54% | 33.2% | 33.67% | 37.88% | 30.36% | 40.45% | 32.05% | 32.97% | 32.87% | 31.5% | 31.14% | 31.96% | 31.58% | 31.31% | 30.55% | 29.51% | 29.76% | 27.71% | 27.11% |
| Gross Profit Growth % | 1.17% | 3.69% | 13.72% | -7.61% | -2.38% | -9.39% | -24.68% | -0.57% | 8% | 10.77% | -4.25% | -5.72% | 7.79% | 6.03% | -1.47% | -2.8% | 6.11% | 5.31% | 10.79% | -12.65% |
| Operating Expenses | 5.31B | 4.22B | 9.16B | 3.77B | 3.59B | 5B | 2.91B | 4.38B | 4.42B | 4.77B | 5.31B | 3.32B | 3.84B | 4.71B | 5.34B | 9.71B | 4.74B | 4.73B | 4.3B | 5.33B |
| OpEx % of Revenue | 25.13% | 21.51% | 47.77% | 20.63% | 24.28% | 22.82% | 20.56% | 19.11% | 19.15% | 21.22% | 23.71% | 15.49% | 16.67% | 21.02% | 24.48% | 44.43% | 20.18% | 20.49% | 18.24% | 22.14% |
| Selling, General & Admin | 5.31B | 4.28B | 4.33B | 4.05B | 3.88B | 4.57B | 2.91B | 4.53B | 4.53B | 4.54B | 4.62B | 4.26B | 5.15B | 4.71B | 4.97B | 4.33B | 4.37B | 4.76B | 5.41B | 5.02B |
| SG&A % of Revenue | 25.13% | 21.82% | 22.56% | 22.19% | 26.22% | 20.81% | 20.56% | 19.76% | 19.6% | 20.21% | 20.62% | 19.86% | 22.36% | 21.02% | 22.77% | 19.83% | 18.6% | 20.62% | 22.93% | 20.88% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 1.13B | 2.16B | -2.79B | 2.38B | 2.01B | 1.66B | 2.82B | 2.97B | 3.19B | 2.62B | 1.74B | 3.35B | 3.52B | 2.37B | 1.81B | 2.25B | 2.63B | 2.07B | 1.09B | 1.44B |
| Operating Margin % | 5.34% | 11.03% | -14.57% | 13.03% | 13.6% | 7.54% | 19.89% | 12.94% | 13.83% | 11.65% | 7.79% | 15.65% | 15.29% | 10.56% | 8.28% | 10.31% | 11.18% | 8.95% | 4.61% | 6% |
| Operating Income Growth % | 140.4% | -9.24% | -238.96% | 43.93% | -28.72% | -44.24% | -11.69% | 13.28% | 83.19% | -21.88% | -50.51% | 41.71% | 95.02% | 5.1% | -31.25% | 9% | 141.45% | 43.27% | 73.78% | 28.75% |
| EBITDA | 7.71B | 6.26B | 1.1B | 6.05B | 7.8B | 6.28B | 6.09B | 7.78B | 5.88B | 7.57B | 4.66B | 8.42B | 6.81B | 9.29B | 4.64B | 7.12B | 5.7B | 7.3B | 4.52B | 6.99B |
| EBITDA Margin % | 36.48% | 31.91% | 5.76% | 33.13% | 52.76% | 28.63% | 42.97% | 33.91% | 25.45% | 33.66% | 20.81% | 39.28% | 29.57% | 41.47% | 21.29% | 32.6% | 24.26% | 31.62% | 19.16% | 29.07% |
| EBITDA Growth % | 598.54% | 3.35% | -85.84% | -3.61% | 28.02% | -19.22% | 3.65% | 2.72% | 26.17% | -10.06% | -31.62% | -9.45% | 46.65% | 30.48% | -18.52% | -2.37% | 26.18% | 4.35% | -27.28% | -7.72% |
| D&A (Non-Cash Add-back) | 6.58B | 4.09B | 3.9B | 3.67B | 5.79B | 4.63B | 3.27B | 4.81B | 2.68B | 4.95B | 2.92B | 5.06B | 3.29B | 6.93B | 2.84B | 4.87B | 3.07B | 5.23B | 3.43B | 5.55B |
| EBIT | 1.13B | 1.98B | 1.8B | 2.42B | 2.73B | 1.64B | 11.7B | 2.59B | 2.86B | 2.51B | 1.37B | 2.05B | 1.3B | 3.12B | 1.81B | 2.25B | 2.63B | 2.07B | 1.09B | 1.44B |
| Net Interest Income | 0 | 31.09M | -789M | -277M | -973.37M | -866.12M | -873.27M | -973.23M | -895.8M | -1.06B | -1.12B | -939.41M | -1.11B | -1.08B | -697.78M | -488.39M | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 31.09M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 473M | 21M | 834M | 197M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | -252.44M | 2.11B | -3.58B | 2.1B | 1.07B | 550M | 10.95B | 1.69B | 2.83B | 1.28B | 2.47B | 1.93B | 1.57B | -521.97M | 234M | -2.85B | 1.72B | 2.16B | 1.4B | 1.39B |
| Pretax Margin % | -1.19% | 10.78% | -18.69% | 11.52% | 7.24% | 2.51% | 77.24% | 7.36% | 12.24% | 5.67% | 11.05% | 8.99% | 6.8% | -2.33% | 1.07% | -13.03% | 7.32% | 9.36% | 5.94% | 5.79% |
| Income Tax | 754.26M | 1.06B | 1.35B | 900M | -655M | 705M | 6.73M | 485M | 1.33B | -1M | 3.4B | 459M | 130M | 1.41B | 76M | 1.42B | -1.46B | 579M | 3.65B | 1.11B |
| Effective Tax Rate % | -298.79% | 50.21% | -37.57% | 42.76% | -61.21% | 128.18% | 0.06% | 28.75% | 47.08% | -0.08% | 137.69% | 23.82% | 8.3% | -270.06% | 32.48% | -49.88% | -84.82% | 26.82% | 260.71% | 80.03% |
| Net Income | -1.24B | 829M | -5.23B | 1.06B | 1.49B | -346M | 10.48B | 945M | 1.24B | 996M | -1.16B | 1.27B | 1.21B | -2.17B | -86M | -4.4B | 2.93B | 1.48B | -2.34B | 152M |
| Net Margin % | -5.88% | 4.23% | -27.3% | 5.82% | 10.05% | -1.58% | 73.89% | 4.12% | 5.37% | 4.43% | -5.17% | 5.92% | 5.24% | -9.7% | -0.39% | -20.13% | 12.48% | 6.4% | -9.93% | 0.63% |
| Net Income Growth % | 76.25% | -22.09% | -452.15% | 407.51% | -85.81% | -136.61% | 744.14% | -5.12% | 207.26% | -21.51% | -195.78% | 158.38% | 1504.65% | 50.59% | -102.93% | -398.04% | 225.19% | 871.05% | 9.91% | 106.07% |
| Net Income (Continuing) | -1.01B | 1.05B | -4.93B | 1.21B | 1.73B | -155M | 10.94B | 1.2B | 1.5B | 1.28B | -932M | 1.47B | 1.44B | -1.93B | 158M | -4.27B | 3.18B | 1.58B | -2.25B | 278M |
| Discontinued Operations | -1000K | 0 | -1000K | 1000K | 0 | 0 | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | -1000K | 0 | 1000K | 0 |
| Minority Interest | 3.74B | 3.79B | 1.26B | 1.05B | 1.03B | 1.18B | 1.18B | 2.28B | 2.55B | 2.5B | 2.01B | 1.44B | 1.22B | 1.22B | 1.23B | 927M | 967M | 1.64B | 1.52B | 1.72B |
| EPS (Diluted) | -0.54 | 0.34 | -2.00 | 0.39 | 0.55 | -0.13 | 4.00 | 0.34 | 0.43 | 0.34 | -0.39 | 0.43 | 0.41 | -0.72 | -0.03 | -1.60 | 1.10 | 0.52 | -0.84 | 0.05 |
| EPS Growth % | 73% | -12.82% | -463.64% | 400% | -86.25% | -138.24% | 830.23% | 0% | 210.26% | -20.93% | -195.12% | 159.72% | 1422.58% | 55% | -102.82% | -407.69% | 230.95% | 862.96% | 12.5% | 105.74% |
| EPS (Basic) | -0.54 | 0.34 | -2.00 | 0.38 | 0.57 | -0.13 | 4.00 | 0.34 | 0.43 | 0.34 | -0.39 | 0.43 | 0.41 | -0.72 | -0.03 | -1.60 | 1.10 | 0.52 | -0.84 | 0.05 |
| Diluted Shares Outstanding | 2.31B | 2.46B | 2.56B | 2.68B | 2.72B | 2.7B | 2.74B | 2.81B | 2.88B | 2.94B | 2.98B | 2.96B | 2.94B | 2.94B | 2.78B | 2.75B | 2.76B | 2.81B | 2.8B | 2.8B |
| Basic Shares Outstanding | 2.31B | 2.47B | 2.58B | 2.72B | 2.71B | 2.7B | 2.74B | 2.81B | 2.89B | 2.94B | 2.96B | 2.96B | 2.94B | 2.94B | 2.75B | 2.75B | 2.76B | 2.81B | 2.8B | 2.8B |
| Dividend Payout Ratio | - | 67.31% | - | 122.75% | 82.1% | - | 11.66% | 133.65% | 97.9% | 126.41% | - | 95.27% | 99.67% | - | - | - | 43.76% | 178.66% | - | 1611.18% |