WPP plc (WPP) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q4'25 | Q2'25 | Q4'24 | Q2'24 | Q4'23 | Q2'23 | Q4'22 | Q2'22 | Q4'21 | Q2'21 | Q4'20 | Q2'20 | Q2'19 | Q4'18 | Q2'18 | Q4'17 | Q2'17 | Q4'16 | Q2'16 | Q4'15 |
|---|
| Sales/Revenue | 6.89B | 6.66B | 7.51B | 7.23B | 7.62B | 7.22B | 7.67B | 6.76B | 6.67B | 6.13B | 6.42B | 5.58B | 6.37B | 8.11B | 7.49B | 8.15B | 7.65B | 7.85B | 6.54B | 6.4B |
| Revenue Growth % | -8.34% | -7.8% | -1.44% | 0.08% | -0.65% | 6.89% | 15.07% | 10.16% | 3.87% | 9.85% | - | -12.33% | -15.01% | -0.54% | -2.06% | 3.84% | 17.04% | 22.77% | 11.94% | 5.54% |
| Cost of Goods Sold | 5.58B | 5.83B | 6.1B | 6.19B | 6.17B | 6.16B | 6.18B | 5.71B | 5.4B | 5.2B | 5.18B | 4.8B | 5.33B | 6.44B | 6.22B | 6.35B | 6.28B | 10.41B | 942.7M | 912.2M |
| COGS % of Revenue | 80.99% | 87.44% | 81.22% | 85.61% | 80.92% | 85.27% | 80.56% | 84.5% | 81% | 84.73% | 80.73% | 86.06% | 83.68% | 79.47% | 83% | 77.84% | 82.12% | 132.51% | 14.42% | 14.26% |
| Gross Profit | 1.31B | 837M | 1.41B | 1.04B | 1.45B | 1.06B | 1.49B | 1.05B | 1.27B | 936.4M | 1.24B | 778M | 1.04B | 1.66B | 1.27B | 1.81B | 1.37B | -2.55B | 5.59B | 5.48B |
| Gross Margin % | 19.01% | 12.56% | 18.78% | 14.39% | 19.08% | 14.73% | 19.44% | 15.5% | 19% | 15.27% | 19.27% | 13.94% | 16.32% | 20.53% | 17% | 22.16% | 17.88% | -32.51% | 85.58% | 85.74% |
| Gross Profit Growth % | -7.23% | -19.52% | -3.01% | -2.26% | -2.45% | 1.6% | 17.69% | 11.83% | 2.45% | 20.36% | - | -25.15% | -18.41% | -7.87% | -6.88% | 170.78% | -75.54% | -146.56% | 10.97% | 3.99% |
| Operating Expenses | 1.15B | 455M | 509M | 617M | 1.23B | 758M | 671.9M | 508.5M | 521.8M | 452.8M | 764.4M | 3.53B | 443.1M | 555.6M | 432.1M | 623.3M | 643.7M | -4.06B | 5.04B | 4.64B |
| OpEx % of Revenue | 16.67% | 6.83% | 6.77% | 8.54% | 16.13% | 10.5% | 8.76% | 7.53% | 7.82% | 7.38% | 11.91% | 63.21% | 6.96% | 6.85% | 5.77% | 7.64% | 8.41% | -51.74% | 77.11% | 72.56% |
| Selling, General & Admin | 1.15B | 455M | 519M | 617M | 1.24B | 758M | 677.8M | 508.5M | 526M | 452.8M | 770.4M | 3.53B | 446.7M | 555.6M | 436.2M | 641.8M | 635.4M | 3.07B | 4.06B | 3.72B |
| SG&A % of Revenue | 16.67% | 6.83% | 6.91% | 8.54% | 16.27% | 10.5% | 8.83% | 7.53% | 7.89% | 7.38% | 12% | 63.21% | 7.01% | 6.85% | 5.82% | 7.87% | 8.31% | 39.09% | 62.06% | 58.19% |
| 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 | 0 | 0 | -1000K | 0 | -1000K | 0 | -1000K | 0 | -1000K | 0 | -1000K | 0 | -1000K | 0 | -1000K | -1000K | 1000K | -1000K | 1000K | 1000K |
| Operating Income | 161M | 382M | 902M | 423M | 224.9M | 306M | 819.5M | 538.7M | 745.4M | 483.6M | 472.5M | -2.75B | 596.3M | 1.11B | 841.9M | 1.18B | 724.4M | 1.51B | 553.6M | 843.1M |
| Operating Margin % | 2.34% | 5.73% | 12% | 5.85% | 2.95% | 4.24% | 10.68% | 7.97% | 11.18% | 7.89% | 7.36% | -49.27% | 9.36% | 13.68% | 11.24% | 14.52% | 9.47% | 19.22% | 8.47% | 13.18% |
| Operating Income Growth % | -82.15% | -9.69% | 301.07% | 38.24% | -72.56% | -43.2% | 9.94% | 11.39% | 57.76% | 117.58% | - | -561.28% | -29.17% | -6.29% | 16.22% | -21.58% | 30.85% | 79.04% | -29.83% | -13.63% |
| EBITDA | 273M | 617M | 1.03B | 555M | 363.3M | 433M | 944M | 663.7M | 855.7M | 594.3M | 616.2M | -2.62B | 787.7M | 1.32B | 1.05B | 1.41B | 956.1M | 1.74B | 751.7M | 1.03B |
| EBITDA Margin % | 3.96% | 9.26% | 13.72% | 7.68% | 4.77% | 6% | 12.3% | 9.82% | 12.83% | 9.69% | 9.6% | -46.87% | 12.37% | 16.22% | 14.06% | 17.27% | 12.5% | 22.15% | 11.5% | 16.14% |
| EBITDA Growth % | -73.52% | 11.17% | 183.79% | 28.18% | -61.51% | -34.76% | 10.32% | 11.68% | 38.87% | 122.71% | - | -432.21% | -25.22% | -6.58% | 10.18% | -19.03% | 27.19% | 68.53% | -22.39% | -11.62% |
| D&A (Non-Cash Add-back) | 112M | 235M | 129M | 132M | 138.4M | 127M | 124.5M | 125M | 110.3M | 110.7M | 143.7M | 133.8M | 191.4M | 206.2M | 211.5M | 224.4M | 231.7M | 229.7M | 198.1M | 188.9M |
| EBIT | 33M | 259M | 892M | 423M | 214.6M | 306M | 813.6M | 538.7M | 741.2M | 483.6M | 466.5M | -2.75B | 592.7M | 733.5M | 837.8M | 1.17B | 732.7M | 1.49B | 559.6M | 967.5M |
| Net Interest Income | -220M | -129M | -145M | -136M | -123.1M | -128M | -118.7M | -89.4M | -92.9M | -117.1M | -117.2M | -106.1M | -134.7M | -99.4M | -81.8M | -80.8M | -83.6M | -90.2M | -74.5M | -73.5M |
| Interest Income | -46M | 49M | 63M | 74M | 35.2M | 102.7M | 89.9M | 55.5M | 39.3M | 30.1M | 34.3M | 48.4M | 50.5M | 51.4M | 48.3M | 50.3M | 44.9M | 37.3M | 0 | 0 |
| Interest Expense | 174M | 178M | 207M | 210M | 158.3M | 230.7M | 208.6M | 144.9M | 132.2M | 147.2M | 151.5M | 154.5M | 185.2M | 150.8M | 130.1M | 131.1M | 128.5M | 127.5M | 74.5M | 73.5M |
| Other Income/Expense | -128M | -284M | -209M | -85M | -82.9M | -102M | -78.3M | -120.1M | -189M | -89.2M | -85.9M | -426.6M | -187.3M | -526.6M | -4.8M | 92.3M | -4.7M | -44.1M | -128.5M | -60.2M |
| Pretax Income | 33M | 98M | 693M | 338M | 142M | 204M | 741.2M | 418.6M | 556.4M | 394.4M | 386.6M | -3.18B | 409M | 582.7M | 837.1M | 1.28B | 719.7M | 1.47B | 425.1M | 782.9M |
| Pretax Margin % | 0.48% | 1.47% | 9.22% | 4.68% | 1.86% | 2.83% | 9.66% | 6.2% | 8.34% | 6.43% | 6.02% | -56.91% | 6.42% | 7.19% | 11.17% | 15.65% | 9.41% | 18.66% | 6.5% | 12.24% |
| Income Tax | 275M | 28M | 310M | 92M | 94.1M | 55M | 266.9M | 117.5M | 123M | 107.1M | 116.2M | 10.9M | 109.3M | 182.9M | 141M | 51.5M | 145.5M | 245.8M | 143.1M | 138.9M |
| Effective Tax Rate % | 833.33% | 28.57% | 44.73% | 27.22% | 66.27% | 26.96% | 36.01% | 28.07% | 22.11% | 27.16% | 30.06% | -0.34% | 26.72% | 31.39% | 16.84% | 4.04% | 20.22% | 16.77% | 33.66% | 17.74% |
| Net Income | -259M | 44M | 337M | 205M | -1.6M | 112M | 424.8M | 257.9M | 385M | 252.7M | 250.9M | -3.22B | 312.4M | 390.5M | 672.4M | 1.22B | 596.1M | 1.15B | 245.8M | 594M |
| Net Margin % | -3.76% | 0.66% | 4.49% | 2.84% | -0.02% | 1.55% | 5.54% | 3.82% | 5.77% | 4.12% | 3.91% | -57.61% | 4.91% | 4.82% | 8.97% | 14.97% | 7.79% | 14.7% | 3.76% | 9.29% |
| Net Income Growth % | -176.85% | -78.54% | 21162.5% | 83.04% | -100.38% | -56.57% | 10.34% | 2.06% | 53.45% | 107.86% | - | -1129.45% | -53.54% | -68% | 12.8% | 5.74% | 142.51% | 94.33% | -56.59% | -16.62% |
| Net Income (Continuing) | -242M | 70M | 383M | 246M | 47.9M | 149M | 474.3M | 301.1M | 433.4M | 287.3M | 270.4M | -3.19B | 299.7M | 399.8M | 705.5M | 1.28B | 633.7M | 1.22B | 282M | 644M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | -1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 232M | 244M | 259M | 461M | 457.1M | 427.9M | 479.6M | 478.5M | 452.6M | 311.4M | 318.1M | 368.4M | 404.5M | 424.4M | 415M | 468.8M | 437.3M | 443.1M | 458.5M | 378.4M |
| EPS (Diluted) | -1.20 | 0.20 | 1.55 | 0.95 | -0.01 | 0.50 | 1.95 | 1.15 | 1.60 | 1.05 | 0.95 | -13.10 | 1.05 | 1.55 | 2.67 | 4.80 | 2.35 | 4.45 | 0.95 | 2.25 |
| EPS Growth % | -177.42% | -78.95% | - | 90% | -100.38% | -56.52% | 21.88% | 9.52% | 68.42% | 108.02% | - | -1347.62% | -60.67% | -67.71% | 13.62% | 7.87% | 147.37% | 97.78% | -55.81% | -16.67% |
| EPS (Basic) | -1.20 | 0.20 | 1.55 | 0.95 | -0.01 | 0.50 | 1.95 | 1.15 | 1.70 | 1.05 | 0.90 | -13.10 | 1.10 | 1.55 | 2.70 | 4.85 | 2.35 | 4.55 | 0.95 | 2.25 |
| Diluted Shares Outstanding | 215M | 218.6M | 215.75M | 218.4M | 214.87M | 218.2M | 219M | 227.56M | 240.32M | 245.8M | 244.26M | 244.94M | 251.46M | 252.86M | 251.88M | 254.38M | 255.94M | 259.1M | 260M | 261.78M |
| Basic Shares Outstanding | 215M | 215.4M | 215.64M | 215M | 214.87M | 217.48M | 218.92M | 223.04M | 229.63M | 242.38M | 258.78M | 244.94M | 249.82M | 249.4M | 250.1M | 251.91M | 253.24M | 255.09M | 260M | 261.63M |
| Dividend Payout Ratio | - | - | 126.11% | - | - | - | 86.02% | - | 81.74% | - | 48.63% | - | - | - | - | 61.57% | - | 53.41% | - | 91.89% |