GSK plc (GSK) Financial Statements — Income, Balance Sheet, Cash Flow

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Financial Statements — GSK

Balance Sheet

(in billions GBP)

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Cash & Equivalents	3.40	3.87	2.94	3.72	4.27	6.29	4.71
Inventory	5.92	5.67	5.50	5.15	5.78	6.00	5.95
Total Current Assets	17.51	17.00	18.64	20.77	18.67	20.25	19.49
Goodwill	7.02	6.98	6.81	7.05	10.55	10.60	10.56
Total Non-current Assets	43.61	42.47	40.36	39.38	60.43	60.18	60.20
Total Assets	61.12	59.46	59.01	60.15	79.10	80.43	79.69
Total Current Liabilities	21.39	21.70	21.07	22.81	23.67	22.15	24.05
Total Non-current Liabilities	23.77	24.68	25.14	27.24	34.09	37.48	37.28
Total Liabilities	45.16	46.38	46.21	50.05	57.76	59.62	61.34
Retained Earnings	10.21	7.80	7.24	4.36	7.94	6.76	4.53
Total Stockholder Equity	15.96	13.09	12.80	10.10	21.34	20.81	18.36

Income Statement

(in billions GBP) (except per-share rows)

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Total Revenue	32.67	31.38	30.33	29.32	34.11	34.10	33.75
Cost of Revenue*	9.02	9.05	8.57	9.55	11.60	11.70	11.86
Gross Profit	23.65	22.33	21.76	19.77	22.51	22.40	21.89
Research & Development	7.53	6.40	6.22	5.49	5.28	5.10	4.57
Selling, General & Admin	9.09	11.02	9.39	8.37	10.98	11.46	11.40
Total Operating Expenses*	15.72	18.31	15.02	13.34	16.31	14.61	14.93
Operating Income	7.93	4.02	6.75	6.43	6.20	7.78	6.96
Interest Expense	--	--	--	0.91	0.78	--	--
Pretax Income	7.40	3.48	6.06	5.63	5.44	6.97	6.22
Tax Provision	1.11	0.53	0.76	0.71	0.35	0.58	0.95
Net Income	6.29	2.95	5.31	15.62	5.10	6.39	5.27
Basic EPS	1.41	0.63	1.22	3.71	0.88	1.16	0.94
Diluted EPS	1.39	0.62	1.20	3.66	0.87	1.14	0.93

* Derived from reported values

Cash Flow Statement

(in billions GBP)

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Operating Cash Flow	7.74	6.55	6.77	7.40	7.95	8.44	8.02
Investing Cash Flow	(4.23)	(1.23)	(1.59)	(8.77)	(1.78)	2.16	(5.35)
Financing Cash Flow	(3.68)	(4.73)	(5.64)	0.82	(7.59)	(10.13)	(1.84)