Bayer Group Condensed Consolidated Income Statements

€ million

 

Q3 2025

 

Q3 2026

 

9M 2025

 

9M 2026

Net sales

 

9,660

 

10,053

 

34,137

 

34,330

Cost of goods sold

 

(4,307)

 

(4,601)

 

(14,296)

 

(14,373)

Gross profit

 

5,353

 

5,452

 

19,841

 

19,957

Selling expenses

 

(2,923)

 

(3,457)

 

(9,114)

 

(10,023)

Research and development expenses

 

(1,498)

 

(1,432)

 

(4,364)

 

(4,369)

General administration expenses

 

(482)

 

(559)

 

(1,543)

 

(1,652)

Other operating income

 

316

 

575

 

1,223

 

1,930

Other operating expenses

 

(1,309)

 

(689)

 

(4,249)

 

(1,598)

EBIT1

 

(543)

 

(110)

 

1,794

 

4,245

Equity-method income (loss)

 

14

 

(31)

 

(13)

 

(32)

Financial income

 

130

 

113

 

302

 

360

Financial expenses

 

(762)

 

(760)

 

(1,840)

 

(2,051)

Financial result

 

(618)

 

(678)

 

(1,551)

 

(1,723)

Income before income taxes

 

(1,161)

 

(788)

 

243

 

2,522

Income taxes

 

202

 

127

 

(88)

 

(187)

Income after income taxes

 

(959)

 

(661)

 

155

 

2,335

of which attributable to noncontrolling interest

 

4

 

11

 

18

 

25

of which attributable to Bayer AG stockholders (net income)

 

(963)

 

(672)

 

137

 

2,310

 

 

 

 

 

 

 

 

 

€

 

 

 

 

 

 

 

 

Earnings per share

 

 

 

 

 

 

 

 

Basic

 

(0.98)

 

(0.69)

 

0.14

 

2.35

Diluted

 

(0.98)

 

(0.69)

 

0.14

 

2.35

1

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