Formula One Group (FWONK) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 711M | 1.62B | 1.08B | 1.34B | 447M | 1.17B | 911M | 988M | 587M | 1.23B | 887M | 724M | 381M | 754M | 715M | 744M | 360M | 787M | 668M | 501M |
| Revenue Growth % | 59.06% | 38.47% | 18.33% | 35.73% | -23.85% | -5.12% | 2.71% | 36.46% | 54.07% | 63.13% | 24.06% | -2.69% | 5.83% | -4.19% | 7.04% | 48.5% | 100% | 62.27% | 11.89% | 1987.5% |
| Cost of Goods Sold | 413M | 1.51B | 664M | 867M | 325M | 855M | 595M | 733M | 305M | 900M | 615M | 519M | 206M | 527M | 494M | 534M | 195M | 558M | 449M | 398M |
| COGS % of Revenue | 58.09% | 93.32% | 61.6% | 64.65% | 72.71% | 73.26% | 65.31% | 74.19% | 51.96% | 73.17% | 69.33% | 71.69% | 54.07% | 69.89% | 69.09% | 71.77% | 54.17% | 70.9% | 67.22% | 79.44% |
| Gross Profit | 298M | 108M | 414M | 474M | 122M | 312M | 316M | 255M | 282M | 330M | 272M | 205M | 175M | 227M | 221M | 210M | 165M | 229M | 219M | 103M |
| Gross Margin % | 41.91% | 6.68% | 38.4% | 35.35% | 27.29% | 26.74% | 34.69% | 25.81% | 48.04% | 26.83% | 30.67% | 28.31% | 45.93% | 30.11% | 30.91% | 28.23% | 45.83% | 29.1% | 32.78% | 20.56% |
| Gross Profit Growth % | 144.26% | -65.38% | 31.01% | 85.88% | -56.74% | -5.45% | 16.18% | 24.39% | 61.14% | 45.37% | 23.08% | -2.38% | 6.06% | -0.87% | 0.91% | 103.88% | 71.88% | 89.26% | 376.09% | 1187.5% |
| Operating Expenses | 234M | -129M | 256M | 194M | 178M | 289M | 206M | 196M | 189M | 208M | 165M | 153M | 159M | 186M | 157M | 161M | 146M | 167M | 151M | 146M |
| OpEx % of Revenue | 32.91% | -7.98% | 23.75% | 14.47% | 39.82% | 24.76% | 22.61% | 19.84% | 32.2% | 16.91% | 18.6% | 21.13% | 41.73% | 24.67% | 21.96% | 21.64% | 40.56% | 21.22% | 22.6% | 29.14% |
| Selling, General & Admin | 122M | 166M | 131M | 111M | 101M | 113M | 113M | 91M | 93M | 93M | 79M | 69M | 75M | 96M | 68M | 68M | 56M | 69M | 51M | 47M |
| SG&A % of Revenue | 17.16% | 10.27% | 12.15% | 8.28% | 22.6% | 9.68% | 12.4% | 9.21% | 15.84% | 7.56% | 8.91% | 9.53% | 19.68% | 12.73% | 9.51% | 9.14% | 15.56% | 8.77% | 7.63% | 9.38% |
| 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 | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 64M | 237M | 158M | 280M | -56M | 23M | 110M | 59M | 93M | 122M | 107M | 52M | 16M | 41M | 64M | 49M | 19M | 62M | 68M | -43M |
| Operating Margin % | 9% | 14.67% | 14.66% | 20.88% | -12.53% | 1.97% | 12.07% | 5.97% | 15.84% | 9.92% | 12.06% | 7.18% | 4.2% | 5.44% | 8.95% | 6.59% | 5.28% | 7.88% | 10.18% | -8.58% |
| Operating Income Growth % | 214.29% | 930.43% | 43.64% | 374.58% | -160.22% | -81.15% | 2.8% | 13.46% | 481.25% | 197.56% | 67.19% | 6.12% | -15.79% | -33.87% | -5.88% | 213.95% | 140.43% | 251.22% | 159.13% | 68.38% |
| EBITDA | 176M | 355M | 238M | 360M | 21M | 112M | 198M | 148M | 179M | 237M | 193M | 136M | 100M | 131M | 153M | 142M | 109M | 160M | 168M | 56M |
| EBITDA Margin % | 24.75% | 21.97% | 22.08% | 26.85% | 4.7% | 9.6% | 21.73% | 14.98% | 30.49% | 19.27% | 21.76% | 18.78% | 26.25% | 17.37% | 21.4% | 19.09% | 30.28% | 20.33% | 25.15% | 11.18% |
| EBITDA Growth % | 738.1% | 216.96% | 20.2% | 143.24% | -88.27% | -52.74% | 2.59% | 8.82% | 79% | 80.92% | 26.14% | -4.23% | -8.26% | -18.13% | -8.93% | 153.57% | 105.66% | 116.22% | 5500% | 275% |
| D&A (Non-Cash Add-back) | 112M | 118M | 80M | 80M | 77M | 89M | 88M | 89M | 86M | 115M | 86M | 84M | 84M | 90M | 89M | 93M | 90M | 98M | 100M | 99M |
| EBIT | 126M | 240M | 168M | 504M | 39M | -175M | 169M | 76M | 69M | 105M | 205M | 179M | -64M | 113M | 143M | 148M | -4M | -120M | 38M | 22M |
| Net Interest Income | -68M | -27M | -79M | -49M | -48M | -46M | -54M | -53M | -62M | -53M | -56M | -54M | -51M | -49M | -41M | -30M | -29M | -30M | -32M | -29M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 68M | 27M | 79M | 49M | 48M | 46M | 54M | 53M | 62M | 53M | 56M | 54M | 51M | 49M | 41M | 30M | 29M | 30M | 32M | 29M |
| Other Income/Expense | -6M | -24M | -69M | 175M | 47M | -244M | 5M | -36M | -86M | -70M | 42M | 73M | -131M | 23M | 38M | 69M | -52M | -212M | -62M | 36M |
| Pretax Income | 58M | 213M | 89M | 455M | -9M | -221M | 115M | 23M | 7M | 52M | 149M | 125M | -115M | 64M | 102M | 118M | -33M | -150M | 6M | -7M |
| Pretax Margin % | 8.16% | 13.18% | 8.26% | 33.93% | -2.01% | -18.94% | 12.62% | 2.33% | 1.19% | 4.23% | 16.8% | 17.27% | -30.18% | 8.49% | 14.27% | 15.86% | -9.17% | -19.06% | 0.9% | -1.4% |
| Income Tax | 5M | 70M | 23M | 73M | -26M | 27M | -2M | -1M | 3M | -8M | 31M | 10M | -6M | -311M | -8M | 6M | 2M | -1M | 55M | -78M |
| Effective Tax Rate % | 8.62% | 32.86% | 25.84% | 16.04% | 288.89% | -12.22% | -1.74% | -4.35% | 42.86% | -15.38% | 20.81% | 8% | 5.22% | -485.94% | -7.84% | 5.08% | -6.06% | 0.67% | 916.67% | 1114.29% |
| Net Income | 57M | 102M | 66M | 382M | 5M | -248M | 117M | 24M | 203M | 60M | 118M | 116M | -109M | 374M | 108M | 111M | -35M | -149M | -50M | 55M |
| Net Margin % | 8.02% | 6.31% | 6.12% | 28.49% | 1.12% | -21.25% | 12.84% | 2.43% | 34.58% | 4.88% | 13.3% | 16.02% | -28.61% | 49.6% | 15.1% | 14.92% | -9.72% | -18.93% | -7.49% | 10.98% |
| Net Income Growth % | 1040% | 141.13% | -43.59% | 1491.67% | -97.54% | -513.33% | -0.85% | -79.31% | 286.24% | -83.96% | 9.26% | 4.5% | -211.43% | 351.01% | 316% | 101.82% | 23.91% | -454.76% | 47.37% | 127.5% |
| Net Income (Continuing) | 53M | 143M | 66M | 382M | 17M | -248M | 117M | 24M | 4M | 60M | 118M | 115M | -109M | 375M | 110M | 112M | -35M | -149M | -49M | 71M |
| Discontinued Operations | 0 | -1000K | 0 | 0 | -1000K | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 674M | 693M | 714M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24M | 25M | 25M | 603M | 601M | 600M | 600M | 599M | 598M |
| EPS (Diluted) | 0.23 | 1.33 | 0.26 | 1.52 | 0.02 | -0.99 | 0.48 | 0.10 | 0.32 | 0.25 | 0.48 | 0.41 | -0.58 | 1.60 | 0.31 | 0.35 | -0.15 | -0.64 | -0.22 | 0.24 |
| EPS Growth % | 1044.28% | 234.34% | -45.83% | 1420% | -93.72% | -496% | 0% | -75.61% | 155.17% | -84.38% | 54.84% | 17.14% | -286.67% | 350% | 240.91% | 45.83% | 25% | -123.27% | 46.34% | 127.91% |
| EPS (Basic) | 0.23 | 1.33 | 0.26 | 1.53 | 0.02 | -0.99 | 0.48 | 0.10 | 0.33 | 0.26 | 0.50 | 0.50 | -0.47 | 1.60 | 0.46 | 0.48 | -0.15 | -0.64 | -0.22 | 0.24 |
| Diluted Shares Outstanding | 250.04M | 250.04M | 250.04M | 252M | 257M | 249.26M | 244M | 238M | 243M | 237M | 244M | 244M | 237M | 247M | 246M | 241M | 232M | 232M | 232M | 232M |
| Basic Shares Outstanding | 250.04M | 250.04M | 250.04M | 250M | 249M | 249.26M | 242M | 235M | 235M | 234.62M | 235M | 234M | 234M | 243.74M | 233M | 232M | 232M | 232M | 232M | 232M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | 62.3% | - | - | - | - | - | - |