Also trades as: WPP (NYSE) · $vol 11M · WPPGF (OTC) · $vol 0M

£377.10 ($4.99)

+4.40 (+1.18%)

Weekly Expected Move ±4.1%

£342 £357 £373 £388 £404

LSE · Communication Services · Advertising Agencies · Tech Score Neutral · Power 55 · £4.0B mcap · 1.08B float · 0.508% daily turnover

Revenue

$13.6B -8.1% ▼

5Y CAGR: +2.5%

Gross Profit

$2.1B -12.4% ▼

5Y CAGR: +1.3%

Operating Income

$1.2B -8.1% ▼

5Y CAGR: -11.8%

Net Income

-$215M -139.7% ▼

EPS (Diluted)

$-0.20 -140.8% ▼

EBITDA

$1.7B -12.2% ▼

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$12.8B	$14.4B	$14.8B	$14.7B	$13.6B
YoY Growth	+6.7%	+12.7%	+2.9%	-0.7%	-8.1%
Cost of Revenue	$10.6B	$11.9B	$12.3B	$12.3B	$11.4B
Gross Profit	$2.2B	$2.5B	$2.5B	$2.5B	$2.1B
Gross Margin	17.2%	17.6%	17.0%	16.6%	15.8%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$975M	$1.2B	$2.0B	$1.1B	$0
Operating Expenses	$975M	$1.2B	$2.0B	$1.1B	$928M
Operating Income	$1.2B	$1.4B	$531M	$1.3B	$1.2B
Operating Margin	9.6%	9.4%	3.6%	9.0%	9.0%
Interest Expense	$284M	$359M	$389M	$417M	$352M
Income Before Tax	$951M	$1.2B	$346M	$1.0B	$131M
Tax Expense	$230M	$384M	$149M	$402M	$303M
Net Income	$638M	$683M	$110M	$542M	-$215M
Net Margin	5.0%	4.7%	0.7%	3.7%	-1.6%
EPS (Diluted)	$0.52	$0.61	$0.10	$0.49	$-0.20
EBITDA	$1.8B	$2.0B	$1.9B	$1.9B	$1.7B
Shares Outstanding	1.22B	1.12B	1.09B	1.10B	1.07B

Line Item	FY2022 Q4	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2
Revenue	$7.7B	$7.2B	$7.6B	$7.2B	$7.5B	$6.7B	$6.9B	$6.4B
Cost of Revenue	$6.2B	$6.2B	$6.2B	$6.2B	$6.1B	$5.8B	$5.6B	$5.6B
Gross Profit	$1.5B	$1.1B	$1.5B	$1.0B	$1.4B	$837M	$1.3B	$805M
Gross Margin	19.4%	14.7%	19.1%	14.4%	18.8%	12.6%	19.0%	12.6%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$678M	$758M	$1.2B	$617M	$519M	$455M	$1.3B	$439M
Operating Expenses	$672M	$758M	$1.2B	$617M	$509M	$455M	$431M	$439M
Operating Income	$820M	$306M	$225M	$423M	$902M	$382M	$884M	$366M
Operating Margin	10.7%	4.2%	3.0%	5.9%	12.0%	5.7%	12.8%	5.7%
Interest Expense	$209M	$231M	$158M	$210M	$207M	$178M	$174M	$174M
Income Before Tax	$741M	$204M	$142M	$338M	$693M	$98M	$33M	$106M
Tax Expense	$267M	$55M	$94M	$92M	$310M	$28M	$275M	$69M
Net Income	$425M	$112M	-$2M	$205M	$337M	$44M	-$259M	$19M
Net Margin	5.5%	1.6%	-0.0%	2.8%	4.5%	0.7%	-3.8%	0.3%
EPS (Diluted)	$0.39	$0.10	$-0.00	$0.19	$0.31	$0.04	$-0.24	$0.02
EBITDA	$938M	$433M	$353M	$555M	$1.0B	$494M	$1.2B	$580M
Shares Outstanding	1.09B	1.09B	1.07B	1.09B	1.08B	1.09B	1.08B	1.10B

WPP.L LSE