Bayer Group Condensed Consolidated Income Statements

€ million

 

Q2 2025

 

Q2 2026

 

H1 2025

 

H1 2026

Net sales

 

10,739

 

10,872

 

24,477

 

24,277

Cost of goods sold

 

(4,364)

 

(4,540)

 

(9,989)

 

(9,772)

Gross profit

 

6,375

 

6,332

 

14,488

 

14,505

Selling expenses

 

(3,032)

 

(3,402)

 

(6,191)

 

(6,566)

Research and development expenses

 

(1,408)

 

(1,518)

 

(2,866)

 

(2,937)

General administration expenses

 

(513)

 

(561)

 

(1,061)

 

(1,093)

Other operating income

 

702

 

545

 

907

 

1,355

Other operating expenses

 

(2,111)

 

(569)

 

(2,940)

 

(909)

EBIT1

 

13

 

827

 

2,337

 

4,355

Equity-method income (loss)

 

(25)

 

(14)

 

(27)

 

(1)

Financial income

 

81

 

120

 

173

 

247

Financial expenses

 

(495)

 

(612)

 

(1,079)

 

(1,291)

Financial result

 

(439)

 

(506)

 

(933)

 

(1,045)

Income before income taxes

 

(426)

 

321

 

1,404

 

3,310

Income taxes

 

236

 

(92)

 

(290)

 

(314)

Income after income taxes

 

(190)

 

229

 

1,114

 

2,996

of which attributable to noncontrolling interest

 

9

 

10

 

14

 

14

of which attributable to Bayer AG stockholders (net income)

 

(199)

 

219

 

1,100

 

2,982

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share

 

 

 

 

 

 

 

 

Basic

 

(0.20)

 

0.23

 

1.12

 

3.04

Diluted

 

(0.20)

 

0.23

 

1.12

 

3.04

1

For definition see Annual Report 2025, A 2.3 “Alternative Performance Measures Used by the Bayer Group.