Vodafone Group Public LTD Co income statement
In fiscal 2026, Vodafone Group Public LTD Co reported revenue of $46.90bn, up 16.6% on the year before, operating income of $3.30bn (a 7.0% margin) and net income of −$460m, or −$0.19 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2016Mar 2016 | 2017Mar 2017 | 2018Mar 2018 | 2019Mar 2019 | 2020Mar 2020 | 2021Mar 2021 | 2022Mar 2022 | 2023Mar 2023 | 2024Mar 2024 | 2025Mar 2025 | 2026Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 55.0 | 52.3 | 54.5 | 50.6 | 50.0 | 51.1 | 43.0 | 39.2 | 39.8 | 40.2 | 46.9 |
| Cost of revenue | 40.5 | 38.0 | 38.3 | 34.9 | 34.1 | 35.1 | 27.8 | 25.4 | 26.5 | 26.8 | 32.1 |
| Gross profit | 14.5 | 14.3 | 16.1 | 15.6 | 15.9 | 16.0 | 15.2 | 13.9 | 13.3 | 13.4 | 14.8 |
| General and administrative | 7.0 | 6.7 | 6.6 | 6.3 | 6.5 | 6.2 | 5.6 | 5.6 | 6.3 | 5.9 | 6.8 |
| Operating income | 1.5 | 4.1 | 5.0 | −1.1 | 4.6 | 6.0 | 6.7 | 15.0 | 4.0 | −0.4 | 3.3 |
| Interest expense | — | — | — | 1.4 | 2.1 | 2.4 | 2.2 | 2.2 | 2.2 | 1.9 | 2.4 |
| Income before tax | −0.2 | 3.1 | 4.5 | −3.0 | 0.9 | 5.1 | 4.8 | 13.6 | 1.8 | −1.6 | 2.2 |
| Income tax | 5.5 | 5.2 | −1.0 | 1.7 | 1.4 | 4.5 | 1.8 | 0.5 | 0.1 | 2.4 | 2.1 |
| Net income | −6.0 | −6.9 | 2.9 | −9.3 | −1.0 | 0.1 | 2.6 | 12.3 | 1.2 | −4.5 | −0.5 |
| Diluted EPS | −$2.24 | −$2.47 | $1.03 | — | −$0.35 | $0.02 | $0.89 | $4.44 | $0.46 | −$1.71 | −$0.19 |
| Diluted shares (average) | 2,669m | 2,797m | 2,786m | 2,761m | 2,942m | 2,968m | 2,911m | 2,778m | 2,715m | 2,615m | 2,403m |
| EBITDA | 14.4 | 16.3 | 17.2 | 10.2 | 16.2 | 17.9 | 18.8 | 25.7 | 15.3 | 11.2 | 17.7 |
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