Fundies.
English

QinetiQ Group plc

ESEF
Report (type unavailable) · filed 2026-06-11

Annual consolidated revenue for 2026: about GBP 1.923B, using the latest reported figures. The previous period, 2025, was about GBP 1.932B.

Inspect reported changes Compare with another company Historical disclosures Segments
Watchlist

Holdings and insider activity

Transactions reported by directors, officers and 10% owners on SEC Forms 3, 4 and 5, over the last 12 months.

Insider reports are SEC Forms 3, 4 and 5. This company is not in the SEC regime, so none are shown.

See all insider transactions

Institutional holders (Form 13F) are not yet shown here.

Latest fiscal year

Revenue

1.92 billion GBP

2026 · GBP

Exact inputs and evidence
  • Revenue: 1922600000 GBP Source

Operating margin

8.83%

2026 · %

Exact inputs and evidence
  • Operating Income: 169800000 GBP Source
  • Revenue: 1922600000 GBP Source

Operating cash flow

232 million GBP

2026 · GBP

Exact inputs and evidence
  • Operating Cash Flow: 231800000 GBP Source

Free cash flow

172 million GBP

2026 · GBP

Exact inputs and evidence
  • Operating Cash Flow: 231800000 GBP Source
  • Capital Expenditure: 59600000 GBP Source
Cash and cash equivalents
259 million GBP Source
Exact value

259200000 GBP

Long-term debt including current maturities
Not available
Shares outstanding
Not available

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-06-11.

Financial data available through: 2026-03-31.

Coverage by financial measure
  • Revenue: 6 of 11 periods available· newest 2026-03-31
  • Operating income: 6 of 11 periods available· newest 2026-03-31
  • Net income: 3 of 11 periods available· newest 2023-03-31
  • Operating cash flow: 6 of 11 periods available· newest 2026-03-31
  • Capital expenditure: 6 of 11 periods available· newest 2026-03-31
  • Total assets: 6 of 11 periods available· newest 2026-03-31
  • Total liabilities: 6 of 11 periods available· newest 2026-03-31
  • Current assets: 6 of 11 periods available· newest 2026-03-31
  • Current liabilities: 6 of 11 periods available· newest 2026-03-31
  • Cash and cash equivalents: 6 of 11 periods available· newest 2026-03-31
  • long term debt: No compatible figures in this window
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    -0.5%

    Prior period

    GBP 1.93 billion

    –

    Current period

    GBP 1.92 billion

    –

    Exact inputs and evidence

    1922600000 − 1931600000 = -9000000 GBP

    1931600000 GBP · 2024-04-01 – 2025-03-31

    Inspect prior input Prior source

    1922600000 GBP · 2025-04-01 – 2026-03-31

    Inspect current input Current source
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  • Operating cash flow

    +4.7%

    Prior period

    GBP 221.3 million

    –

    Current period

    GBP 231.8 million

    –

    Exact inputs and evidence

    231800000 − 221300000 = 10500000 GBP

    221300000 GBP · 2024-04-01 – 2025-03-31

    Inspect prior input Prior source

    231800000 GBP · 2025-04-01 – 2026-03-31

    Inspect current input Current source
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  • Capital expenditure

    -38%

    Prior period

    GBP 96.1 million

    –

    Current period

    GBP 59.6 million

    –

    Exact inputs and evidence

    59600000 − 96100000 = -36500000 GBP

    96100000 GBP · 2024-04-01 – 2025-03-31

    Inspect prior input Prior source

    59600000 GBP · 2025-04-01 – 2026-03-31

    Inspect current input Current source
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Comparable inputs unavailable for: Net income.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2026 2025-04-01 – 2026-03-31

  • Revenue GBP 1.92 billion 100% of revenue
  • Operating costs Derived GBP 1.75 billion 91% of revenue
  • Operating income GBP 169.8 million 8.8% of revenue
  • Tax, interest and other Derived Unavailable An input is unavailable.
  • Net income Unavailable An input is unavailable.

Cash

  • Operating cash flow GBP 231.8 million 12% of revenue
  • Capital expenditure GBP 59.6 million 3.1% of revenue
  • Free cash flow Derived GBP 172.2 million 9% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2021 Net income was higher than operating income, so the split is not drawn.
  • 2022 91%
  • 2023 9.8%89%
  • 2024 Not shown: operating income or net income is not reported.
  • 2025 Not shown: operating income or net income is not reported.
  • 2026 Not shown: operating income or net income is not reported.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2021 2020-04-01 – 2021-03-311278200000 1169500000 Derived 108700000 -13000000 Derived 121700000 113000000 Derived
Source
2022 2021-04-01 – 2022-03-311320400000 1196700000 Derived 123700000 33700000 Derived 90000000 125800000 Derived
Source
2023 2022-04-01 – 2023-03-311580700000 1407900000 Derived 172800000 18400000 Derived 154400000 110800000 Derived
Source
2024 2023-04-01 – 2024-03-311912100000 1719600000 Derived 192500000 UnavailableUnavailable157700000 Derived
Source
2025 2024-04-01 – 2025-03-311931600000 2022100000 Derived -90500000 UnavailableUnavailable125200000 Derived
Source
2026 2025-04-01 – 2026-03-311922600000 1752800000 Derived 169800000 UnavailableUnavailable172200000 Derived
Source

Amounts are exact, in GBP.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

GBP 1.9B 2026
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.1B1.6B1.0B521.5M0.0202120242026
Values and sources
Revenue values and source evidence
PeriodSeriesValue(GBP)Source evidence
2021Revenue1278200000
2022Revenue1320400000
2023Revenue1580700000
2024Revenue1912100000
2025Revenue1931600000
2026Revenue1922600000

Revenue growth

Change in revenue from the same financial period one year earlier.

-0.5% 2026
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.22.7%16.5%10.2%4.0%-2.2%202120242026
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2021Year over yearNo prior comparable period
2022Year over year3.3%
2023Year over year19.7%
2024Year over year21%
2025Year over year1%
2026Year over year-0.5%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 8.8% 2026
Net margin 9.8% 2023
Free cash flow margin 9% 2026
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.12.2%7.7%3.1%-1.4%-5.9%202120242026
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2021Operating margin8.5%
2022Operating margin9.4%
2023Operating margin10.9%
2024Operating margin10.1%
2025Operating margin-4.7%
2026Operating margin8.8%
2021Net margin9.5%
2022Net margin6.8%
2023Net margin9.8%
2024-03-31Net marginNot reported
2025-03-31Net marginNot reported
2026-03-31Net marginNot reported
2021Free cash flow margin8.8%
2022Free cash flow margin9.5%
2023Free cash flow margin7%
2024Free cash flow margin8.2%
2025Free cash flow margin6.5%
2026Free cash flow margin9%

Operating cash flow

Cash generated by the company’s normal business operations.

GBP 231.8M 2026
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.262.5M196.9M131.3M65.6M0.0202120242026
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(GBP)Source evidence
2021Operating cash flow178000000
2022Operating cash flow188700000
2023Operating cash flow206000000
2024Operating cash flow243100000
2025Operating cash flow221300000
2026Operating cash flow231800000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

GBP 172.2M 2026
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.186.0M139.5M93.0M46.5M0.0202120242026
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(GBP)Source evidence
2021Free cash flow113000000
2022Free cash flow125800000
2023Free cash flow110800000
2024Free cash flow157700000
2025Free cash flow125200000
2026Free cash flow172200000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

68.2% 2026
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.74%55%37%18%0%202120242026
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2021Liabilities / assets40.8%
2022Liabilities / assets41.1%
2023Liabilities / assets53.3%
2024Liabilities / assets56%
2025Liabilities / assets65.7%
2026Liabilities / assets68.2%

Current assets to current liabilities

Current assets divided by current liabilities.

1.13× 2026
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.44×1.08×0.72×0.36×0.00×202120242026
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2021Current assets / current liabilities1.33×
2022Current assets / current liabilities1.33×
2023Current assets / current liabilities1.12×
2024Current assets / current liabilities1.15×
2025Current assets / current liabilities1.12×
2026Current assets / current liabilities1.13×

Cash generation

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.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2021 2020-04-01 – 2021-03-31
GBP 121.7 million
Exact value

Exact value: 121700000 GBP

2020-04-01 – 2021-03-31: 121700000 GBP Inspect Net Income Open source
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GBP 178 million
Exact value

Exact value: 178000000 GBP

2020-04-01 – 2021-03-31: 178000000 GBP Inspect Operating Cash Flow Open source
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GBP 65 million
Exact value

Exact value: 65000000 GBP

2020-04-01 – 2021-03-31: 65000000 GBP Inspect Capital Expenditure Open source
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GBP 113 million
Calculation and evidence

178000000 − 65000000 GBP

Exact free cash flow: 113000000 GBP

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2022 2021-04-01 – 2022-03-31
GBP 90 million
Exact value

Exact value: 90000000 GBP

2021-04-01 – 2022-03-31: 90000000 GBP Inspect Net Income Open source
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GBP 188.7 million
Exact value

Exact value: 188700000 GBP

2021-04-01 – 2022-03-31: 188700000 GBP Inspect Operating Cash Flow Open source
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GBP 62.9 million
Exact value

Exact value: 62900000 GBP

2021-04-01 – 2022-03-31: 62900000 GBP Inspect Capital Expenditure Open source
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GBP 125.8 million
Calculation and evidence

188700000 − 62900000 GBP

Exact free cash flow: 125800000 GBP

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2023 2022-04-01 – 2023-03-31
GBP 154.4 million
Exact value

Exact value: 154400000 GBP

2022-04-01 – 2023-03-31: 154400000 GBP Inspect Net Income Open source
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GBP 206 million
Exact value

Exact value: 206000000 GBP

2022-04-01 – 2023-03-31: 206000000 GBP Inspect Operating Cash Flow Open source
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GBP 95.2 million
Exact value

Exact value: 95200000 GBP

2022-04-01 – 2023-03-31: 95200000 GBP Inspect Capital Expenditure Open source
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GBP 110.8 million
Calculation and evidence

206000000 − 95200000 GBP

Exact free cash flow: 110800000 GBP

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2024 2023-04-01 – 2024-03-31
Unavailable Not reported for this period.
GBP 243.1 million
Exact value

Exact value: 243100000 GBP

2023-04-01 – 2024-03-31: 243100000 GBP Inspect Operating Cash Flow Open source
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GBP 85.4 million
Exact value

Exact value: 85400000 GBP

2023-04-01 – 2024-03-31: 85400000 GBP Inspect Capital Expenditure Open source
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GBP 157.7 million
Calculation and evidence

243100000 − 85400000 GBP

Exact free cash flow: 157700000 GBP

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2025 2024-04-01 – 2025-03-31
Unavailable Not reported for this period.
GBP 221.3 million
Exact value

Exact value: 221300000 GBP

2024-04-01 – 2025-03-31: 221300000 GBP Inspect Operating Cash Flow Open source
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GBP 96.1 million
Exact value

Exact value: 96100000 GBP

2024-04-01 – 2025-03-31: 96100000 GBP Inspect Capital Expenditure Open source
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GBP 125.2 million
Calculation and evidence

221300000 − 96100000 GBP

Exact free cash flow: 125200000 GBP

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2026 2025-04-01 – 2026-03-31
Unavailable Not reported for this period.
GBP 231.8 million
Exact value

Exact value: 231800000 GBP

2025-04-01 – 2026-03-31: 231800000 GBP Inspect Operating Cash Flow Open source
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GBP 59.6 million
Exact value

Exact value: 59600000 GBP

2025-04-01 – 2026-03-31: 59600000 GBP Inspect Capital Expenditure Open source
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GBP 172.2 million
Calculation and evidence

231800000 − 59600000 GBP

Exact free cash flow: 172200000 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.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

5 filings · 557 latest values · 557 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 213800S8OBDOZMCMUW34, esef:213800S8OBDOZMCMUW34