FWONK — Formula One Income Statement

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Annual income statement for Formula One, fiscal year end - December 31st, USD millions except per share, conversion factor applied.

	2021 December 31st	2022 December 31st	2023 December 31st	R2024 December 31st	2025 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	10-K	10-K	10-K	PRESS	PRESS
Standards:	USG	USG	USG	—	—
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	2,136	2,573	3,222	3,653	4,482
Cost of Revenue
Gross Profit	647	823	982	1,165	1,511
Selling / General / Administrative Expenses
Depreciation and Amortization
Unusual Expense / Income
Other Operating Expenses
Total Operating Expenses	2,096	2,400	2,925	3,366	3,905
Operating Profit	40	173	297	287	577
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	-157	251	211	0	733
Provision for Income Taxes
Net Income After Taxes	-120	562	184	-44	596
Minority Interest
Net Income Before Extraordinary Items
Extraordinary Items
Net Income	-190	558	185	-2,063	555
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	-190	558	185	-2,063	555
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	-0.818	2.39	0.789	1.75	2.47