ING Group, N.V.
ING Financial Banks Diversified
In the quarter to June 2026, revenue grew 29.8%, EPS grew 14.8% and free cash flow fell 27.0%, each against the same quarter a year earlier.
Follow ING
An Income Statement, also known as a Profit and Loss Statement, summarizes a company's revenues, expenses, and profits over a specific period. It highlights how revenue is transformed into net income, showcasing operational efficiency. Key components include total revenue, cost of goods sold (COGS), gross profit, operating expenses, and net profit. Businesses use the Income Statement to assess financial performance, make strategic decisions, and ensure profitability. Investors and stakeholders analyze it to gauge the company’s financial health and future growth potential.
| Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Dec '17 | Dec '16 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue |
70,212.42 | 70,335.41 | 58,832.75 | 46,568.07 | 32,118.80 | 30,234.40 | 35,254.24 | 37,923.09 | 21,012.28 | 19,810.35 |
Revenue Growth |
(0.17%) | 19.55% | 26.34% | 44.99% | 6.23% | (14.24%) | (7.04%) | 80.48% | 6.07% | 7.79% |
Cost of Revenue |
41,150.15 | 47,472.81 | 39,219.30 | 14,518.61 | 8,342.04 | 10,288.70 | 16,075.36 | 16,282.45 | — | — |
Gross Profit |
29,062.27 | 22,862.61 | 19,613.44 | 32,049.46 | 23,776.76 | 19,945.70 | 19,178.88 | 21,640.64 | 21,012.28 | 19,810.35 |
SG&A Expenses |
15,712.88 | 9,071.24 | 13,075.27 | 13,760.02 | 13,851.73 | 15,795.72 | 12,849.76 | 13,390.18 | 11,873.80 | 12,823.28 |
Operating Income |
13,339.21 | 13,753.48 | 6,532.77 | 18,289.44 | 9,921.48 | 3,881.54 | 6,329.12 | 8,250.47 | 9,138.48 | 6,987.07 |
Non-operating Income/Expense |
— | (5,342.33) | — | 469.15 | 384.09 | 1,160.49 | 73.03 | 26.44 | 15.66 | 1,373.68 |
| 13,340.34 | 8,410.08 | 6,533.85 | 18,288.39 | 9,920.29 | 3,882.68 | 6,331.36 | 8,250.47 | 9,138.48 | 6,987.07 | |
Income Tax Provision |
3,611.43 | 2,360.06 | 1,798.78 | 5,404.97 | 2,728.23 | 1,222.26 | 1,850.24 | 2,499.00 | 2,869.83 | 1,886.75 |
Income after Tax |
9,728.91 | 6,050.02 | 4,735.06 | 12,883.42 | 7,192.07 | 2,660.42 | 4,481.12 | 5,751.47 | 6,268.64 | 5,100.32 |
Minority Interest |
— | — | — | — | — | — | — | — | 6,268.64 | — |
Dividends (Preferred) |
— | — | (1.08) | 0.00 | 1.18 | 1.14 | (1.12) | — | 0.00 | — |
Non-Controlling Interest |
311.14 | 279.18 | 254.34 | 107.47 | 151.44 | 89.10 | 110.88 | 127.55 | 92.68 | 83.00 |
Net Income Common |
9,417.77 | 5,771.92 | 4,480.72 | 12,775.95 | 7,040.63 | 2,570.18 | 4,371.36 | 5,622.74 | 6,175.96 | 5,505.34 |
EPS (Basic) |
2.40 | 2.14 | 1.33 | 3.56 | 1.45 | 0.73 | 1.38 | 1.43 | 1.42 | 1.33 |
EPS (Diluted) |
2.40 | 2.14 | 1.33 | 3.55 | 1.45 | 0.73 | 1.38 | 1.43 | 1.42 | 1.33 |
Shares (Basic, Weighted) |
2,989.70 | 3,228.70 | 3,562.90 | 3,619.10 | 3,888.50 | 3,898.90 | 3,894.80 | 3,888.90 | 3,882.80 | 3,875.00 |
Shares (Diluted, Weighted) |
2,989.70 | 3,228.70 | 3,565.30 | 3,624.30 | 3,890.70 | 3,901.10 | 3,895.30 | 3,890.40 | 3,885.60 | 3,878.50 |
Gross Margin |
41.39% | 32.51% | 33.34% | 68.82% | 74.03% | 65.97% | 54.40% | 57.06% | 100.00% | 100.00% |
EBIT Margin |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EBT margin |
19.00% | 11.96% | 11.11% | 39.27% | 30.89% | 12.84% | 17.96% | 21.76% | 43.49% | 35.27% |
Net Profit Margin |
13.41% | 8.21% | 7.62% | 27.43% | 21.92% | 8.50% | 12.40% | 14.83% | 29.39% | 27.79% |
Free Cash Flow Margin |
(10.78%) | (35.12%) | (21.21%) | (25.48%) | (55.58%) | 381.71% | 40.60% | 20.70% | (29.33%) | 46.17% |
| Other line items | ||||||||||
Income from Continuous Operations |
9,728.91 | 6,050.02 | 4,735.06 | 12,883.42 | 7,192.07 | 2,660.42 | 4,481.12 | 5,750.29 | 0.00 | 5,100.32 |
Income from Discontinued Operations |
— | — | — | — | — | — | — | — | — | 488.01 |
Consolidated Net Income/Loss |
9,728.91 | 6,051.10 | 4,733.98 | 12,883.42 | 7,192.07 | 2,660.42 | 4,481.12 | 5,750.29 | 6,268.64 | 5,588.33 |
EPS (Basic, from Continuous Ops) |
3.25 | 1.87 | 1.33 | 3.56 | 1.85 | 0.68 | 1.15 | 1.48 | 0.00 | 1.32 |
EPS (Basic, from Discontinued Ops) |
— | — | — | — | — | — | — | — | — | 0.13 |
EPS (Basic, Consolidated) |
3.25 | 1.87 | 1.33 | 3.56 | 1.85 | 0.68 | 1.15 | 1.48 | 1.61 | 1.44 |
EPS (Diluted, from Cont. Ops) |
3.25 | 1.87 | 1.33 | 3.55 | 1.85 | 0.68 | 1.15 | 1.48 | 0.00 | 1.32 |
EPS (Diluted, from Disc. Ops) |
— | — | — | — | — | — | — | — | — | 0.00 |
Shares (Diluted, Average) |
2,984.43 | 3,228.28 | 3,554.63 | 3,748.98 | 3,846.70 | 3,899.80 | 3,886.99 | 3,886.78 | 3,892.86 | 3,875.83 |
EPS (Diluted, Consolidated) |
3.25 | 1.87 | 1.33 | 3.55 | 1.85 | 0.68 | 1.15 | 1.48 | 1.61 | 1.44 |
EBITDA Margin |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Operating Cash Flow Margin |
(10.28%) | (34.68%) | (20.86%) | (25.14%) | (55.04%) | 382.51% | 41.47% | 21.53% | (28.26%) | 47.78% |