RELX (RELX) Financial Statements & Analysis

RELX (RELX) Income Statement

RELX reported revenue of GBP 9.59B in fiscal 2025 (fiscal year ended Dec 31, 2025), up 1.7% from GBP 9.43B a year earlier. Net income was GBP 2.06B, up 6.8% year over year, a net margin of 21.5%. Gross margin was 63.7% and operating margin 31.1%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was GBP 4.87B, up 2.7% from the same quarter a year earlier.

RELX Income Statement Analysis

Values in billions GBP

Income Statement Balance Sheet Cash Flow Ratios

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RELX PLC income statement - Annual data in billions GBP
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	9.59	9.43	9.16	8.55	7.24	7.11	7.87	7.49	7.36
Cost of Revenue	3.48	3.30	3.22	3.05	2.56	2.49	2.76	2.64	2.63
Gross Profit	6.11	6.13	5.95	5.51	4.68	4.62	5.12	4.85	4.72
Operating Expenses
Research & Development	0.00	0.36	0.33	0.31	0.30	0.00	0.00	0.00	0.20
Selling, General & Administrative	3.37	3.32	3.31	3.20	2.83	3.11	3.06	2.92	2.86
Operating Expenses	3.13	3.27	3.31	3.20	2.83	3.11	3.06	2.92	2.86
Operating Income	2.98	2.86	2.64	2.30	1.88	1.53	2.10	1.96	1.91
Other Income/Expense
Interest Income	0.01	0.01	0.01	0.00	0.01	0.00	0.01	0.01	0.01
Interest Expense	0.30	0.28	0.30	0.18	0.15	0.15	0.30	0.20	0.18
Other Income/Expense	-0.23	-0.30	-0.39	-0.21	-0.09	-0.04	-0.25	-0.24	-0.18
Income
Income Before Tax	2.75	2.56	2.30	2.11	1.80	1.48	1.85	1.72	1.73
Income Tax Expense	0.67	0.61	0.51	0.48	0.33	0.28	0.34	0.29	0.07
Net Income	2.07	1.93	1.78	1.63	1.47	1.22	1.51	1.42	1.66
Net Income - Continuous Operations	2.07	1.93	1.79	1.63	1.47	1.22	1.51	1.42	1.66
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	3.69	3.54	3.31	3.01	2.65	2.48	2.83	2.54	2.52
EBIT	2.99	2.82	2.60	2.30	1.85	-	-	-	-
Depreciation & Amortization	0.66	0.71	0.72	0.71	0.72	0.84	0.68	0.65	0.66
Earnings Per Share
Basic EPS	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00
Diluted EPS	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00
Basic Shares Outstanding	1.83	1.87	1.89	1.93	1.93	1.93	1.94	1.98	2.02
Diluted Shares Outstanding	1.84	1.88	1.90	1.94	1.94	1.94	1.96	1.99	2.04

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About RELX Financial Statements

What was RELX's revenue in fiscal 2025?

RELX reported revenue of GBP 9.59B in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 1.7% from GBP 9.43B a year earlier.

Is RELX profitable?

Yes. RELX earned net income of GBP 2.06B in fiscal 2025, a net margin of 21.5%. In fiscal 2024 it earned GBP 1.93B.

What is RELX's operating margin?

RELX's operating income was GBP 2.98B on revenue of GBP 9.59B in fiscal 2025, an operating margin of 31.1%, compared with 30.3% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition