
Pearson plc
Communication ServicesNYSE:PSO · New York Stock Exchange
+$0.08 today
Vol 0.70M · Avg 1.07M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$7.1B of revenue converted into $767.9M of net income for the selected period. Gross margin is 51.5% and net margin is 10.8%, showing how much revenue survives after costs and taxes. EPS is $1.14, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.5B -1.5% | $3.6B -3.3% | $3.7B -4.3% | $3.8B +12.0% | $3.4B | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $1.7B -3.5% | $1.7B -5.3% | $1.8B -10.1% | $2.0B +17.1% | $1.7B | $725.6M | $804.0M | $882.4M |
| Gross Profit | $1.8B +0.5% | $1.8B -1.3% | $1.8B +2.2% | $1.8B +6.8% | $1.7B | $8.9B | $7.6B | $6.2B |
| Gross Margin | 52.0% +1.0pp | 51.0% +1.0pp | 49.9% +3.2pp | 46.7% -2.3pp | 49.0% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 -100.0% | $303.0M +8.6% | $279.0M | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $1.3B +1.1% | $1.3B -4.1% | $1.4B -5.9% | $1.4B +4.5% | $1.4B | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $1.3B +4.0% | $1.3B -5.0% | $1.3B -12.3% | $1.5B +1.7% | $1.5B | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $558.5M +6.2% | $526.0M -3.1% | $543.0M -1.5% | $551.0M +6.4% | $518.0M | $374.2M | $1.2B | $631.8M |
| EBITDA | $1.1B -5.3% | $1.1B +1.6% | $1.1B +18.0% | $930.0M +23.8% | $751.0M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 30.2% -1.2pp | 31.4% +1.5pp | 29.9% +5.6pp | 24.2% +2.3pp | 21.9% | 5.6% | 46.3% | 42.0% |
| Operating Income | $497.8M -8.0% | $541.0M +8.6% | $498.0M +83.8% | $271.0M +48.1% | $183.0M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 14.2% -1.0pp | 15.2% +1.7pp | 13.6% +6.5pp | 7.1% +1.7pp | 5.3% | 16.6% | 24.1% | 22.0% |
| Interest Income | $16.6M -69.8% | $55.0M +10.0% | $50.0M -25.4% | $67.0M +346.7% | $15.0M | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $69.4M -12.1% | $79.0M +29.5% | $61.0M -11.6% | $69.0M +1.5% | $68.0M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$50.9M -64.1% | -$31.0M -520.0% | -$5.0M -109.8% | $51.0M +950.0% | -$6.0M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $447.0M -12.4% | $510.0M +3.4% | $493.0M +53.1% | $322.0M +81.9% | $177.0M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 12.8% -1.6pp | 14.4% +0.9pp | 13.4% +5.0pp | 8.4% +3.2pp | 5.2% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $118.3M +57.8% | $75.0M -33.6% | $113.0M +43.0% | $79.0M +8000.0% | -$1.0M | $1.3B | -$1.6B | $745.2M |
| Net Income | $327.7M -24.5% | $434.0M +14.8% | $378.0M +56.2% | $242.0M +36.7% | $177.0M | $4.9B | $4.8B | $4.7B |
| Net Margin | 9.4% -2.9pp | 12.2% +1.9pp | 10.3% +4.0pp | 6.3% +1.1pp | 5.2% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $1 -20.6% | $1 +18.9% | $1 +60.6% | $0 +43.5% | $0 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $1 -20.6% | $1 +18.9% | $1 +60.6% | $0 +43.5% | $0 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $651.3M -5.4% | $688.6M -4.0% | $717.3M -2.8% | $738.1M -2.1% | $754.1M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $660.3M -3.5% | $684.0M -4.6% | $717.3M -3.3% | $742.0M -2.3% | $759.1M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector

Millicom International Cellular S.A.
NASDAQ:TIGO
$15.71B

SK Telecom Co.,Ltd
NYSE:SKM
$14.71B

The New York Times Company
NYSE:NYT
$11.88B

TIM S.A.
NYSE:TIMB
$10.65B
Frontier Communications Parent, Inc.
FYBR
$9.64B
Liberty Live Group
NASDAQ:LLYVK
$9.27B
The Interpublic Group of Companies, Inc.
IPG
$8.93B

KT Corporation
NYSE:KT
$8.93B

Lumen Technologies, Inc.
NYSE:LUMN
$8.75B

Liberty Broadband Corporation
NASDAQ:LBRDA
$4.90B
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does PSO generate?
Pearson plc (PSO) reported $3.50B of revenue in fiscal 2025.
Is PSO profitable?
Pearson plc (PSO) reported $327.66M of net income, with a net margin of 9.4%.
Explore More
Continue the stock analysis
Jump to another research area for this company.