Smith & Nephew plc (SNN) — Financial statements
Income statement, balance sheet, and cash flow for Smith & Nephew plc — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 6,178↑6.3% | 5,810↑4.7% | 5,549↑6.4% | 5,215↑0.1% | 5,212 | |
| Cost of Revenue | 1,977↑12.1% | 1,764↑2.0% | 1,730↑12.3% | 1,540↓0.2% | 1,543 | |
| Gross Profit | 4,202↑3.9% | 4,046↑5.9% | 3,819↑3.9% | 3,675↑0.2% | 3,669 | |
| Operating Expenses | ||||||
| R&D Expenses | 297↑2.7% | 289↓3.3% | 299↓13.3% | 345↓3.1% | 356 | |
| General & Administrative Expenses | 0.00↓100.0% | 376↓2.1% | 384↑4.1% | 369↓3.1% | 381 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 2,276↑2.6% | 2,218↑7.4% | 2,066↑2.6% | 2,013 | |
| SG&A Expenses | 2,900↑9.3% | 2,652↑1.9% | 2,602↑6.9% | 2,435↑1.7% | 2,394 | |
| Other Expenses | 0.00↓100.0% | 448↑118.5% | 205 | 0.00 | 0.00 | |
| Operating Expenses | 3,196↓5.7% | 3,389↓0.1% | 3,394↑5.2% | 3,225↑4.8% | 3,076 | |
| Total Costs & Expenses | 5,173↑0.4% | 5,153↑0.6% | 5,124↑7.5% | 4,765↑3.2% | 4,619 | |
| Operating Results | ||||||
| Operating Income | 1,005↑53.0% | 657↑54.6% | 425↑34.9% | 315↓46.9% | 593 | |
| Depreciation & Amortization | 574↓1.0% | 580↑10.1% | 527↓3.8% | 548↓2.7% | 563 | |
| EBITDA | 1,580↑27.7% | 1,237↑29.4% | 956↑9.4% | 874↓29.6% | 1,242 | |
| EBIT | 1,005↑53.0% | 657↑53.1% | 429↑31.6% | 326↓52.0% | 679 | |
| Interest & Other Income | ||||||
| Net Interest Income | -128↑13.9% | -149↓41.9% | -105↓59.1% | -66↑10.8% | -74 | |
| Interest Income | 28↑47.7% | 19↓44.1% | 34↑142.9% | 14↑133.3% | 6 | |
| Interest Expense | 156↓6.9% | 168↑20.9% | 139↑73.8% | 80↑0.0% | 80 | |
| Non-Operating Income | 0.00 | 0.00↑100.0% | -4↑63.6% | -11↑87.2% | -86 | |
| Other Income / Expenses | -225↓41.2% | -159↓17.8% | -135↓68.8% | -80↓1042.9% | -7 | |
| Income Before Tax | 781↑56.8% | 498↑71.7% | 290↑23.4% | 235↓59.9% | 586 | |
| Income Tax Expense | 154↑79.5% | 86↑218.5% | 27↑125.0% | 12↓80.6% | 62 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 626↑52.1% | 412↑56.7% | 263↑17.9% | 223↓57.4% | 524 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 626↑52.1% | 412↑56.7% | 263↑17.9% | 223↓57.4% | 524 | |
| Bottom-Line Net Income | 626↑52.1% | 412↑56.7% | 263↑17.9% | 223↓57.4% | 524 | |
| EPS (Basic) | 1.46↑55.3% | 0.94↓21.7% | 1.20↑140.0% | 0.50↓58.3% | 1.20 | |
| EPS (Diluted) | 1.44↑53.2% | 0.94↓21.7% | 1.20↑140.0% | 0.50↓58.3% | 1.20 | |
| Weighted Average Shares | 433↓1.1% | 438↑101.3% | 218↓50.2% | 438↓0.2% | 439 | |
| Weighted Average Diluted Shares | 436↓0.4% | 438↑100.7% | 218↓50.1% | 438↓0.3% | 439 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.