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v3.26.1

Consolidated income statement - EUR (€) € in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2025 | Dec. 31, 2024 | Dec. 31, 2023
Consolidated income statement |  |  |
Revenue | € 788,373 | € 796,967 | € 781,426
Cost of Revenue | (674,152) | (682,086) | (606,375)
Gross profit | 114,221 | 114,881 | 175,051
Operating income (expenses) |  |  |
Research and development | (37,509) | (50,857) | (68,529)
Selling, general and administrative expenses | (175,970) | (188,201) | (169,610)
Other operating income | 65,599 | 52,700 | 64,793
Other operating expenses | (21,924) | (16,116) | (44,202)
Impairments of intangible assets |  |  | (5,011)
Reorganization costs | (633) | (54,930) | 0
Total operating income (expenses) | (170,438) | (257,403) | (222,558)
Operating income (loss) | (56,217) | (142,522) | (47,507)
Non-operating income (expense) |  |  |
Gain (loss) on investment in financial instruments revaluation | (677) | (38,513) | (9,143)
Share of profit (loss) and revaluation of at-equity investments | (1,085) | (4,312) | (20,752)
Other financial income | 4,424 | 2,435 | 9,263
Other financial expense | (14,442) | (11,699) | (11,739)
Other non-operating income (expense) | (18,769) | 636 | (714)
Net Income (loss) before taxes | (86,766) | (193,977) | (80,593)
Income taxes | (16,751) | (2,102) | (3,320)
Net income (loss) | € (103,517) | € (196,078) | € (83,913)
Weighted average shares outstanding | 177,578,262 | 177,295,234 | 176,916,663
Net income per share (basic) | € (0.58) | € (1.11) | € (0.47)
Net income per share (diluted) | € (0.58) | € (1.11) | € (0.47)

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