Formula One Group (FWONK) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	4.3B	4.5B	3.7B	3.2B	2.6B
Cost of Revenue	3.2B	3.4B	2.5B	2.2B	1.8B
Gross Profit	1.1B	1.1B	1.2B	982.0M	823.0M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	548.0M	35.0M	408.0M	316.0M	288.0M
General & Admin Expense	—	—	374.0M	288.0M	264.0M
Selling & Marketing Expense	122.0M	—	34.0M	28.0M	24.0M
Other Expenses	54.0M	479.0M	470.0M	369.0M	362.0M
Total Operating Expenses	602.0M	514.0M	878.0M	685.0M	650.0M
Cost and Expenses	3.8B	3.9B	3.4B	2.9B	2.4B
Operating Income (EBIT)	547.0M	604.0M	287.0M	297.0M	173.0M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	242.0M	28.0M	208.0M	214.0M	149.0M
Net Interest Income	(242.0M)	(28.0M)	(208.0M)	(214.0M)	(149.0M)
Other Non-Op Income/Expense	(154.0M)	129.0M	(270.0M)	(86.0M)	78.0M
Non-Operating Income (excl Interest)	(88.0M)	(157.0M)	62.0M	(128.0M)	(227.0M)
EBT (Pre-Tax Income)	393.0M	733.0M	17.0M	211.0M	251.0M
Income Tax Expense	123.0M	137.0M	47.0M	27.0M	(311.0M)
Bottom Line
Net Income	230.0M	555.0M	(30.0M)	185.0M	558.0M
Earnings from Cont. Ops	270.0M	596.0M	(30.0M)	184.0M	562.0M
Earnings from Discont. Ops	(41.0M)	(41.0M)	—	—	—
Bottom Line Net Income	230.0M	555.0M	(30.0M)	148.0M	524.0M
Per Share
Basic EPS	$1.84	$2.15	($0.13)	$0.79	$2.39
Diluted EPS	$1.84	$2.15	($0.12)	$0.79	$2.15
Revenue Per Share	$17.35	$17.92	$15.83	$13.77	$11.04
Shares
Basic Shares Outstanding	250.0M	250.0M	230.8M	234.0M	233.0M
Diluted Shares Outstanding	250.0M	250.0M	240.0M	234.6M	244.0M
Profitability Metrics
EBITDA	1.1B	1.2B	577.0M	794.0M	762.0M
D&A	422.0M	393.0M	352.0M	369.0M	362.0M
EBIT	635.0M	761.0M	225.0M	425.0M	400.0M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026