MAN: financial statements from SEC

Income statement

Metric	Dec 31, 2025	Dec 31, 2024
Revenue	17.96bn	17.85bn
Cost of revenue	14.96bn	14.77bn
Gross profit	3.00bn	3.09bn
Selling, general and administrative	2.85bn	2.78bn
Operating income	150m	306m
Pre-tax income	93m	257m
Income tax	107m	112m
Net income	−13m	145m
Earnings per share	−0.29	3.04
Earnings per share, diluted	−0.29	3.01
Weighted average shares	47m	48m
Weighted average shares, diluted	47m	48m

Metric	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024
Cash and equivalents	225m	871m	275m	290m	395m	509m	411m	469m
Receivables	4.63bn	4.77bn	4.63bn	4.64bn	4.17bn	4.30bn	4.59bn	4.60bn
Current assets	5.06bn	5.79bn	5.10bn	5.14bn	4.75bn	4.97bn	5.18bn	5.23bn
Property, plant and equipment	118m	123m	125m	129m	122m	118m	127m	122m
Goodwill	1.54bn	1.54bn	1.54bn	1.55bn	1.58bn	1.56bn	1.59bn	1.57bn
Total assets	8.39bn	9.16bn	8.45bn	8.51bn	8.04bn	8.20bn	8.48bn	8.45bn
Current liabilities	4.50bn	5.23bn	5.12bn	5.27bn	4.24bn	4.44bn	4.53bn	4.58bn
Short-term debt	112m	625m	748m	815m	101m	23m	25m	137m
Long-term debt	1.03bn	1.05bn	468m	470m	971m	929m	1,000m	962m
Equity	2.07bn	2.06bn	2.01bn	2.00bn	2.10bn	2.13bn	2.18bn	2.15bn
Shares outstanding	—	119m	119m	119m	119m	119m	119m	119m
Shares issued	119m	119m	119m	119m	119m	119m	119m	119m
Treasury shares	73m	73m	73m	73m	73m	72m	72m	71m

Metric	Dec 31, 2025	Dec 31, 2024
Operating cash flow	−104m	309m
Depreciation and amortisation	86m	87m
Share-based compensation	26m	27m
Capital expenditure	57m	51m
Investing cash flow	−59m	−68m
Dividends paid	67m	146m
Share buybacks	38m	140m
Financing cash flow	486m	−282m