Also trades as: SVKEF (OTC) · $vol 0M · SEBC.F (FSX) · $vol 0M

kr 232.10 ($23.06)

+2.90 (+1.27%)

Weekly Expected Move ±2.4%

kr 221 kr 227 kr 232 kr 238 kr 243

STO · Financial Services · Banks - Regional · Tech Score Neutral · Power 50 · kr 452.2B mcap · 1.46B float · 0.162% daily turnover

Revenue

$152.5B -17.9% ▼

5Y CAGR: +19.7%

Gross Profit

$76.9B -5.7% ▼

5Y CAGR: +9.2%

Operating Income

$38.9B -15.5% ▼

5Y CAGR: +14.4%

Net Income

$31.1B -13.4% ▼

5Y CAGR: +14.6%

EPS (Diluted)

$15.43 -11.0% ▼

5Y CAGR: +16.4%

EBITDA

$41.4B -14.2% ▼

5Y CAGR: +13.8%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$60.9B	$87.2B	$167.8B	$185.8B	$152.5B
YoY Growth	-1.9%	+43.2%	+92.5%	+10.7%	-17.9%
Cost of Revenue	$5.3B	$22.7B	$87.9B	$104.2B	$75.5B
Gross Profit	$55.6B	$64.5B	$80.0B	$81.6B	$76.9B
Gross Margin	91.3%	74.0%	47.6%	43.9%	50.5%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$956M	$1.2B	$1.4B	$1.3B	$0
Operating Expenses	$24.7B	$30.7B	$32.0B	$35.6B	$38.0B
Operating Income	$30.9B	$33.7B	$48.0B	$46.0B	$38.9B
Operating Margin	50.7%	38.7%	28.6%	24.8%	25.5%
Interest Expense	$5.3B	$22.7B	$87.9B	$104.2B	$75.5B
Income Before Tax	$30.9B	$33.7B	$48.0B	$46.0B	$38.9B
Tax Expense	$5.4B	$6.9B	$9.8B	$10.2B	$7.8B
Net Income	$25.4B	$26.9B	$38.1B	$35.9B	$31.1B
Net Margin	41.8%	30.8%	22.7%	19.3%	20.4%
EPS (Diluted)	$11.67	$12.54	$18.06	$17.33	$15.43
EBITDA	$32.8B	$35.6B	$49.9B	$48.2B	$41.4B
Shares Outstanding	2.18B	2.15B	2.11B	2.07B	2.01B

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$47.5B	$43.6B	$40.8B	$39.1B	$38.8B	$35.7B	$35.1B	$37.9B
Cost of Revenue	$26.6B	$23.6B	$21.0B	$19.5B	$21.9B	$16.8B	$16.7B	$17.9B
Gross Profit	$20.9B	$20.0B	$19.8B	$19.6B	$16.9B	$18.9B	$18.4B	$20.1B
Gross Margin	44.0%	45.9%	48.6%	50.1%	43.6%	52.9%	52.5%	52.9%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$0	$460M	$225M	$240M	$5.2B	$463M	$236M	$320M
Operating Expenses	$9.1B	$9.9B	$9.9B	$9.2B	$7.2B	$10.1B	$9.0B	$9.3B
Operating Income	$11.8B	$10.1B	$10.0B	$10.4B	$9.7B	$8.8B	$9.4B	$10.8B
Operating Margin	24.9%	23.1%	24.4%	26.6%	25.0%	24.7%	26.9%	28.4%
Interest Expense	$26.6B	$23.6B	$21.0B	$19.5B	$18.3B	$16.8B	$16.7B	$17.9B
Income Before Tax	$11.8B	$10.1B	$10.0B	$10.4B	$9.7B	$8.8B	$9.4B	$10.8B
Tax Expense	$2.4B	$2.6B	$2.1B	$2.1B	$2.0B	$1.5B	$1.9B	$2.1B
Net Income	$9.5B	$7.5B	$7.8B	$8.3B	$7.7B	$7.3B	$7.5B	$8.7B
Net Margin	19.9%	17.2%	19.2%	21.1%	19.8%	20.5%	21.4%	22.8%
EPS (Diluted)	$4.57	$3.65	$3.84	$4.08	$3.83	$3.67	$3.79	$4.38
EBITDA	$12.4B	$10.7B	$10.6B	$11.0B	$10.4B	$9.4B	$10.0B	$11.4B
Shares Outstanding	2.07B	2.05B	2.04B	2.02B	2.00B	1.99B	1.98B	1.98B

SEB-A.ST STO