DEO FY 2025 Earnings Report — Diageo plc Revenue & Financial Results | Market Cap Arena

FY 2025 Earnings

Reported August 14, 2025

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2025	Prior Q	FY 2024	QoQ Change	YoY Change
Revenue	$20.2B	—	$20.3B	—	-0.1%
Op. Income	$4.3B	—	$6.0B	—	-27.8%
Gross Margin	60.1%	—	60.2%	—	-0.1pp
Net Margin	11.6%	—	19.1%	—	-7.5pp
EPS (Diluted)	$4.24	—	$6.92	—	-38.7%
Free Cash Flow	$2.7B	—	$4.6B	—	-41.1%

Revenue Flow

Item	Amount
REVENUE	$20.2B
Cost of Revenue	$8.1B
GROSS PROFIT	$12.2B
R&D Expenses	$0
Selling & Marketing	$3.7B
General & Administrative	$0
SG&A Expenses	$3.7B
Other Expenses	$4.2B
Operating Expenses	$7.8B
Cost & Expenses	$15.9B
OPERATING INCOME	$4.3B
Interest Income	$204M
Interest Expense	$1.0B
Other Income/Expenses	-$798M
INCOME BEFORE TAX	$3.5B
Income Tax Expense	$999M
Net Income from Continuing Ops	$2.5B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$2.4B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$2.4B
D&A	$1.7B
EBIT	$4.6B
EBITDA	$6.4B
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$20.2B
Cost of Revenue	$8.1B
GROSS PROFIT	$12.2B
R&D Expenses	$0
Selling & Marketing	$3.7B
General & Administrative	$0
SG&A Expenses	$3.7B
Other Expenses	$4.2B
Operating Expenses	$7.8B
Cost & Expenses	$15.9B
OPERATING INCOME	$4.3B
Interest Income	$204M
Interest Expense	$1.0B
Other Income/Expenses	-$798M
INCOME BEFORE TAX	$3.5B
Income Tax Expense	$999M
Net Income from Continuing Ops	$2.5B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$2.4B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$2.4B
D&A	$1.7B
EBIT	$4.6B
EBITDA	$6.4B
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$2.5B
Depreciation & Amortization	$1.7B
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$118M
Change in Working Capital	-$77M
OPERATING CASH FLOW	$4.3B
Capital Expenditure	-$1.6B
Acquisitions (Net)	$24M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$132M
NET CASH FROM INVESTING	-$1.7B
Net Debt Issuance	$898M
Common Stock Repurchased	$0
Common Dividends Paid	-$2.3B
Other Financing Activities	-$109M
NET CASH FROM FINANCING	-$1.5B
FREE CASH FLOW	$2.7B
Net Change in Cash	$1.1B

Balance Sheet

Item	Amount
Cash & Equivalents	$2.2B
Short-Term Investments	$447M
Net Receivables	$3.1B
Inventory	$10.7B
Other Current Assets	$930M
TOTAL CURRENT ASSETS	$17.5B
PP&E (Net)	$9.5B
Goodwill	$2.9B
Intangible Assets	$11.8B
Long-Term Investments	$6.0B
Tax Assets	$150M
Other Non-Current Assets	$1.3B
TOTAL NON-CURRENT ASSETS	$31.8B
TOTAL ASSETS	$49.3B
Account Payables	$3.1B
Short-Term Debt	$2.9B
Deferred Revenue	$0
Other Current Liabilities	$2.5B
TOTAL CURRENT LIABILITIES	$10.7B
Long-Term Debt	$20.8B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$2.9B
Other Non-Current Liabilities	$1.1B
TOTAL NON-CURRENT LIABILITIES	$25.4B
TOTAL LIABILITIES	$36.1B
Common Stock	$887M
Additional Paid-In Capital	$5.8B
Retained Earnings	$10.3B
Treasury Stock	-$2.2B
Accum. Other Comp. Income	$0
Other Equity	-$3.6B
TOTAL STOCKHOLDERS' EQUITY	$11.1B
Minority Interest	$2.1B
TOTAL EQUITY	$13.2B
TOTAL LIABILITIES & EQUITY	$49.3B
Total Debt	$24.4B
Net Debt	$22.2B