Revenue
32.7 billion GBP
2025 · GBP
Exact inputs and evidence
- Revenue: 32667000000 GBP Source
Annual consolidated revenue for 2025: about GBP 32.67B, using the latest reported figures. The previous period, 2024, was about GBP 31.38B.
3397000000 GBP
Includes later revisions to earlier periods. Annual charts exclude incomplete years.
Latest filing recorded: 2026-10-08.
Financial data available through: 2025-12-31.
Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.
Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.
Prior period
GBP 31.38 billion
–
Current period
GBP 32.67 billion
–
32667000000 − 31376000000 = 1291000000 GBP
31376000000 GBP · 2024-01-01 – 2024-12-31
Inspect prior input Prior source32667000000 GBP · 2025-01-01 – 2025-12-31
Inspect current input Current sourceThe citation records this snapshot. The page link may show a newer release later.
Prior period
GBP 2.58 billion
–
Current period
GBP 5.72 billion
–
5716000000 − 2575000000 = 3141000000 GBP
2575000000 GBP · 2024-01-01 – 2024-12-31
Inspect prior input Prior source5716000000 GBP · 2025-01-01 – 2025-12-31
Inspect current input Current sourceThe citation records this snapshot. The page link may show a newer release later.
Prior period
GBP 6.55 billion
–
Current period
GBP 7.74 billion
–
7741000000 − 6554000000 = 1187000000 GBP
6554000000 GBP · 2024-01-01 – 2024-12-31
Inspect prior input Prior source7741000000 GBP · 2025-01-01 – 2025-12-31
Inspect current input Current sourceThe citation records this snapshot. The page link may show a newer release later.
Prior period
GBP 1.4 billion
–
Current period
GBP 1.35 billion
–
1348000000 − 1399000000 = -51000000 GBP
1399000000 GBP · 2024-01-01 – 2024-12-31
Inspect prior input Prior source1348000000 GBP · 2025-01-01 – 2025-12-31
Inspect current input Current sourceThe citation records this snapshot. The page link may show a newer release later.
How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.
| Period | Revenue | Operating costs | Operating income | Tax, interest and other | Net income | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| 2016 2016-01-01 – 2016-12-31 | 27889000000 | 25291000000 Derived | 2598000000 | 1686000000 Derived | 912000000 | 4954000000 Derived | Source
|
| 2017 2017-01-01 – 2017-12-31 | 30186000000 | 26099000000 Derived | 4087000000 | 2555000000 Derived | 1532000000 | 5373000000 Derived | Source
|
| 2018 2018-01-01 – 2018-12-31 | 30821000000 | 25338000000 Derived | 5483000000 | 1860000000 Derived | 3623000000 | 7077000000 Derived | Source
|
| 2019 2019-01-01 – 2019-12-31 | 33754000000 | 26793000000 Derived | 6961000000 | 2316000000 Derived | 4645000000 | 6755000000 Derived | Source
|
| 2020 2020-01-01 – 2020-12-31 | 24354000000 | 18375000000 Derived | 5979000000 | 230000000 Derived | 5749000000 | 7452000000 Derived | Source
|
| 2021 2021-01-01 – 2021-12-31 | 24696000000 | 20339000000 Derived | 4357000000 | -28000000 Derived | 4385000000 | 7002000000 Derived | Source
|
| 2022 2022-01-01 – 2022-12-31 | 29324000000 | 22891000000 Derived | 6433000000 | -8523000000 Derived | 14956000000 | 6260000000 Derived | Source
|
| 2023 2023-01-01 – 2023-12-31 | 30328000000 | 23583000000 Derived | 6745000000 | 1817000000 Derived | 4928000000 | 5454000000 Derived | Source
|
| 2024 2024-01-01 – 2024-12-31 | 31376000000 | 27355000000 Derived | 4021000000 | 1446000000 Derived | 2575000000 | 5155000000 Derived | Source
|
| 2025 2025-01-01 – 2025-12-31 | 32667000000 | 24735000000 Derived | 7932000000 | 2216000000 Derived | 5716000000 | 6393000000 Derived | Source
|
Amounts are exact, in GBP.
Sales over time and how quickly they are changing.
Revenue reported for each complete financial period.
| Period | Series | Value(GBP) | Source evidence |
|---|---|---|---|
| 2016 | Revenue | 27889000000 |
|
| 2017 | Revenue | 30186000000 |
|
| 2018 | Revenue | 30821000000 |
|
| 2019 | Revenue | 33754000000 |
|
| 2020 | Revenue | 24354000000 |
|
| 2021 | Revenue | 24696000000 |
|
| 2022 | Revenue | 29324000000 |
|
| 2023 | Revenue | 30328000000 |
|
| 2024 | Revenue | 31376000000 |
|
| 2025 | Revenue | 32667000000 |
|
Change in revenue from the same financial period one year earlier.
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2016 | Year over year | 16.6% |
|
| 2017 | Year over year | 8.2% |
|
| 2018 | Year over year | 2.1% |
|
| 2019 | Year over year | 9.5% |
|
| 2020 | Year over year | -27.8% |
|
| 2021 | Year over year | 1.4% |
|
| 2022 | Year over year | 18.7% |
|
| 2023 | Year over year | 3.4% |
|
| 2024 | Year over year | 3.5% |
|
| 2025 | Year over year | 4.1% |
|
How much revenue becomes profit, and how much cash operations generate.
Operating income, net income and free cash flow as a share of revenue.
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2016 | Operating margin | 9.3% |
|
| 2017 | Operating margin | 13.5% |
|
| 2018 | Operating margin | 17.8% |
|
| 2019 | Operating margin | 20.6% |
|
| 2020 | Operating margin | 24.6% |
|
| 2021 | Operating margin | 17.6% |
|
| 2022 | Operating margin | 21.9% |
|
| 2023 | Operating margin | 22.2% |
|
| 2024 | Operating margin | 12.8% |
|
| 2025 | Operating margin | 24.3% |
|
| 2016 | Net margin | 3.3% |
|
| 2017 | Net margin | 5.1% |
|
| 2018 | Net margin | 11.8% |
|
| 2019 | Net margin | 13.8% |
|
| 2020 | Net margin | 23.6% |
|
| 2021 | Net margin | 17.8% |
|
| 2022 | Net margin | 51% |
|
| 2023 | Net margin | 16.2% |
|
| 2024 | Net margin | 8.2% |
|
| 2025 | Net margin | 17.5% |
|
| 2016 | Free cash flow margin | 17.8% |
|
| 2017 | Free cash flow margin | 17.8% |
|
| 2018 | Free cash flow margin | 23% |
|
| 2019 | Free cash flow margin | 20% |
|
| 2020 | Free cash flow margin | 30.6% |
|
| 2021 | Free cash flow margin | 28.4% |
|
| 2022 | Free cash flow margin | 21.3% |
|
| 2023 | Free cash flow margin | 18% |
|
| 2024 | Free cash flow margin | 16.4% |
|
| 2025 | Free cash flow margin | 19.6% |
|
Cash generated by the company’s normal business operations.
| Period | Series | Value(GBP) | Source evidence |
|---|---|---|---|
| 2016 | Operating cash flow | 6497000000 |
|
| 2017 | Operating cash flow | 6918000000 |
|
| 2018 | Operating cash flow | 8421000000 |
|
| 2019 | Operating cash flow | 8020000000 |
|
| 2020 | Operating cash flow | 8441000000 |
|
| 2021 | Operating cash flow | 7952000000 |
|
| 2022 | Operating cash flow | 7403000000 |
|
| 2023 | Operating cash flow | 6768000000 |
|
| 2024 | Operating cash flow | 6554000000 |
|
| 2025 | Operating cash flow | 7741000000 |
|
Operating cash flow minus capital expenditure for the same period and unit.
| Period | Series | Value(GBP) | Source evidence |
|---|---|---|---|
| 2016 | Free cash flow | 4954000000 |
|
| 2017 | Free cash flow | 5373000000 |
|
| 2018 | Free cash flow | 7077000000 |
|
| 2019 | Free cash flow | 6755000000 |
|
| 2020 | Free cash flow | 7452000000 |
|
| 2021 | Free cash flow | 7002000000 |
|
| 2022 | Free cash flow | 6260000000 |
|
| 2023 | Free cash flow | 5454000000 |
|
| 2024 | Free cash flow | 5155000000 |
|
| 2025 | Free cash flow | 6393000000 |
|
Liabilities and short-term ability to meet obligations at each period end.
Total liabilities as a share of total assets.
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2016 | Liabilities / assets | 91.6% |
|
| 2017 | Liabilities / assets | 93.8% |
|
| 2018 | Liabilities / assets | 93.7% |
|
| 2019 | Liabilities / assets | 77% |
|
| 2020 | Liabilities / assets | 74.1% |
|
| 2021 | Liabilities / assets | 73% |
|
| 2022 | Liabilities / assets | 83.2% |
|
| 2023 | Liabilities / assets | 78.3% |
|
| 2024 | Liabilities / assets | 78% |
|
| 2025 | Liabilities / assets | 73.9% |
|
Current assets divided by current liabilities.
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2016 | Current assets / current liabilities | 0.88× |
|
| 2017 | Current assets / current liabilities | 0.6× |
|
| 2018 | Current assets / current liabilities | 0.75× |
|
| 2019 | Current assets / current liabilities | 0.81× |
|
| 2020 | Current assets / current liabilities | 0.91× |
|
| 2021 | Current assets / current liabilities | 0.79× |
|
| 2022 | Current assets / current liabilities | 0.91× |
|
| 2023 | Current assets / current liabilities | 0.88× |
|
| 2024 | Current assets / current liabilities | 0.78× |
|
| 2025 | Current assets / current liabilities | 0.82× |
|
Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.
| Period | Net income | Operating cash flow | Capital expenditure | Free cash flow |
|---|---|---|---|---|
| 2016 2016-01-01 – 2016-12-31 | GBP 912 million Exact valueExact value: 912000000 GBP Share or citeThe citation records this snapshot. The page link may show a newer release later. | GBP 6.5 billion Exact valueExact value: 6497000000 GBP Share or citeThe citation records this snapshot. The page link may show a newer release later. | GBP 1.54 billion Exact valueExact value: 1543000000 GBP Share or citeThe citation records this snapshot. The page link may show a newer release later. | GBP 4.95 billion Calculation and evidence6497000000 − 1543000000 GBP Exact free cash flow: 4954000000 GBP
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| 2017 2017-01-01 – 2017-12-31 | GBP 1.53 billion Exact valueExact value: 1532000000 GBP Share or citeThe citation records this snapshot. The page link may show a newer release later. | GBP 6.92 billion Exact valueExact value: 6918000000 GBP Share or citeThe citation records this snapshot. The page link may show a newer release later. | GBP 1.55 billion Exact valueExact value: 1545000000 GBP Share or citeThe citation records this snapshot. The page link may show a newer release later. | GBP 5.37 billion Calculation and evidence6918000000 − 1545000000 GBP Exact free cash flow: 5373000000 GBP
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| 2018 2018-01-01 – 2018-12-31 | GBP 3.62 billion Exact valueExact value: 3623000000 GBP Share or citeThe citation records this snapshot. The page link may show a newer release later. | GBP 8.42 billion Exact valueExact value: 8421000000 GBP Share or citeThe citation records this snapshot. The page link may show a newer release later. | GBP 1.34 billion Exact valueExact value: 1344000000 GBP Share or citeThe citation records this snapshot. The page link may show a newer release later. | GBP 7.08 billion Calculation and evidence8421000000 − 1344000000 GBP Exact free cash flow: 7077000000 GBP
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| 2019 2019-01-01 – 2019-12-31 | GBP 4.65 billion Exact valueExact value: 4645000000 GBP Share or citeThe citation records this snapshot. The page link may show a newer release later. | GBP 8.02 billion Exact valueExact value: 8020000000 GBP Share or citeThe citation records this snapshot. The page link may show a newer release later. | GBP 1.27 billion Exact valueExact value: 1265000000 GBP Share or citeThe citation records this snapshot. The page link may show a newer release later. | GBP 6.76 billion Calculation and evidence8020000000 − 1265000000 GBP Exact free cash flow: 6755000000 GBP
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| 2020 2020-01-01 – 2020-12-31 | GBP 5.75 billion Exact valueExact value: 5749000000 GBP Share or citeThe citation records this snapshot. The page link may show a newer release later. | GBP 8.44 billion Exact valueExact value: 8441000000 GBP Share or citeThe citation records this snapshot. The page link may show a newer release later. | GBP 989 million Exact valueExact value: 989000000 GBP Share or citeThe citation records this snapshot. The page link may show a newer release later. | GBP 7.45 billion Calculation and evidence8441000000 − 989000000 GBP Exact free cash flow: 7452000000 GBP
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| 2021 2021-01-01 – 2021-12-31 | GBP 4.39 billion Exact valueExact value: 4385000000 GBP Share or citeThe citation records this snapshot. The page link may show a newer release later. | GBP 7.95 billion Exact valueExact value: 7952000000 GBP Share or citeThe citation records this snapshot. The page link may show a newer release later. | GBP 950 million Exact valueExact value: 950000000 GBP Share or citeThe citation records this snapshot. The page link may show a newer release later. | GBP 7 billion Calculation and evidence7952000000 − 950000000 GBP Exact free cash flow: 7002000000 GBP
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| 2022 2022-01-01 – 2022-12-31 | GBP 14.96 billion Exact valueExact value: 14956000000 GBP Share or citeThe citation records this snapshot. The page link may show a newer release later. | GBP 7.4 billion Exact valueExact value: 7403000000 GBP Share or citeThe citation records this snapshot. The page link may show a newer release later. | GBP 1.14 billion Exact valueExact value: 1143000000 GBP Share or citeThe citation records this snapshot. The page link may show a newer release later. | GBP 6.26 billion Calculation and evidence7403000000 − 1143000000 GBP Exact free cash flow: 6260000000 GBP
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| 2023 2023-01-01 – 2023-12-31 | GBP 4.93 billion Exact valueExact value: 4928000000 GBP Share or citeThe citation records this snapshot. The page link may show a newer release later. | GBP 6.77 billion Exact valueExact value: 6768000000 GBP Share or citeThe citation records this snapshot. The page link may show a newer release later. | GBP 1.31 billion Exact valueExact value: 1314000000 GBP Share or citeThe citation records this snapshot. The page link may show a newer release later. | GBP 5.45 billion Calculation and evidence6768000000 − 1314000000 GBP Exact free cash flow: 5454000000 GBP
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| 2024 2024-01-01 – 2024-12-31 | GBP 2.58 billion Exact valueExact value: 2575000000 GBP Share or citeThe citation records this snapshot. The page link may show a newer release later. | GBP 6.55 billion Exact valueExact value: 6554000000 GBP Share or citeThe citation records this snapshot. The page link may show a newer release later. | GBP 1.4 billion Exact valueExact value: 1399000000 GBP Share or citeThe citation records this snapshot. The page link may show a newer release later. | GBP 5.16 billion Calculation and evidence6554000000 − 1399000000 GBP Exact free cash flow: 5155000000 GBP
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| 2025 2025-01-01 – 2025-12-31 | GBP 5.72 billion Exact valueExact value: 5716000000 GBP Share or citeThe citation records this snapshot. The page link may show a newer release later. | GBP 7.74 billion Exact valueExact value: 7741000000 GBP Share or citeThe citation records this snapshot. The page link may show a newer release later. | GBP 1.35 billion Exact valueExact value: 1348000000 GBP Share or citeThe citation records this snapshot. The page link may show a newer release later. | GBP 6.39 billion Calculation and evidence7741000000 − 1348000000 GBP Exact free cash flow: 6393000000 GBP
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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.
Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.
3,960 filings · 941 latest values · 941 originally reported values
Dataset published . Source filing dates and reporting periods are shown separately.
Identifiers: 0001131399, 1131399, GLAXF, GSK, edgar:1131399
Also known as GLAXOSMITHKLINE PLC, GSK PLC, GSK plc, GlaxoSmithKline plc