Pearson plc (PSO) Financial Statements

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Pearson financial statements at a glance

Pearson reported revenue of 3.58 billion GBP for fiscal year 2025 (ended December 31, 2025), up 0.7% from fiscal year 2024. Net income was 335.00 million GBP, a net margin of 9.4%, and diluted earnings per share were 0.51 GBP.

At the end of fiscal year 2025 it had total assets of 6.46 billion GBP, total liabilities of 2.80 billion GBP and shareholders' equity of 3.65 billion GBP, with cash and short-term investments of 333.00 million GBP and total debt of 1.48 billion GBP.

Its operations brought in 656.00 million GBP of cash; capital spending was 134.00 million GBP, leaving free cash flow of 522.00 million GBP.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in GBP; latest fiscal year ended December 31, 2025.

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Pearson plc

PSOUnited Kingdom
Essential Consumer Products
GBP (Local)

Income Statement

Annual • GBP

Total Revenue
3.58B
Prev Year: 3.55B
YoY: +0.7%
Operating Revenue
3.58B
Prev Year: 3.55B
YoY: +0.7%
Net Income from Continuing Operation Net Minority Interest
335.00M
Prev Year: 434.00M
YoY: -22.8%
Total Unusual Items Excluding Goodwill
-100.00M
Prev Year: -9.00M
YoY: -1011.1%
Total Unusual Items
-100.00M
Prev Year: -9.00M
YoY: -1011.1%
Normalized EBITDA
1.20B
Prev Year: 1.12B
YoY: +7.0%
Tax Rate for Calcs
0.265
Prev Year: 0.147
YoY: +80.3%
Tax Effect of Unusual Items
-26.50M
Prev Year: -1.32M
YoY: -1903.0%
Cost of Revenue
1.72B
Prev Year: 1.74B
YoY: -1.4%
Total Other Finance Cost
-
Gross Profit
1.86B
Prev Year: 1.81B
YoY: +2.7%
Other Operating Expenses
-
Operating Expense
1.26B
Prev Year: 1.27B
YoY: -0.2%
Selling General and Administrative
1.30B
Prev Year: 1.31B
YoY: -0.8%
General and Administrative Expense
733.00M
Prev Year: 754.00M
YoY: -2.8%
Selling and Marketing Expense
563.00M
Prev Year: 553.00M
YoY: +1.8%
Operating Income
596.00M
Prev Year: 544.00M
YoY: +9.6%
Net Non Operating Interest Income Expense
-33.00M
Prev Year: -24.00M
YoY: -37.5%
Non-operating Interest Income
42.00M
Prev Year: 55.00M
YoY: -23.6%
Non-operating Interest Expense
75.00M
Prev Year: 79.00M
YoY: -5.1%
Special Income Charges
-90.00M
Prev Year: -5.00M
YoY: -1700.0%
Write-offs
87.00M
Other Special Charges
3.00M
Pre-tax Income
457.00M
Prev Year: 510.00M
YoY: -10.4%
Provision for Income Taxes
121.00M
Prev Year: 75.00M
YoY: +61.3%
Net Income Common Stockholders
335.00M
Prev Year: 434.00M
YoY: -22.8%
Net Income
335.00M
Prev Year: 434.00M
YoY: -22.8%
Net Income Including Non-Controlling Interests
336.00M
Prev Year: 435.00M
YoY: -22.8%
Net Income from Continuing Operations
336.00M
Prev Year: 435.00M
YoY: -22.8%
Noncontrolling Interests
-1.00M
Prev Year: -1.00M
YoY: 0.0%
Diluted NI Available to Com Stockholders
335.00M
Prev Year: 434.00M
YoY: -22.8%
Basic EPS
0.514
Prev Year: 0.645
YoY: -20.3%
Diluted EPS
0.507
Prev Year: 0.635
YoY: -20.2%
Weighted Average Shares (basic)
651.30M
Prev Year: 673.00M
YoY: -3.2%
Weighted Average Shares (diluted)
660.30M
Prev Year: 684.00M
YoY: -3.5%
Total Operating Income as Reported
507.00M
Prev Year: 541.00M
YoY: -6.3%
Total Expenses
2.98B
Prev Year: 3.01B
YoY: -0.9%
Net Income from Continuing and Discontinued Operation
335.00M
Prev Year: 434.00M
YoY: -22.8%
Normalized Income
408.50M
Prev Year: 441.68M
YoY: -7.5%
Interest Income
42.00M
Prev Year: 55.00M
YoY: -23.6%
Interest Expense
75.00M
Prev Year: 79.00M
YoY: -5.1%
Net Interest Income
-33.00M
Prev Year: -24.00M
YoY: -37.5%
EBIT
532.00M
Prev Year: 589.00M
YoY: -9.7%
EBITDA
1.10B
Prev Year: 1.11B
YoY: -1.1%
Reconciled Cost of Revenue
1.72B
Prev Year: 1.74B
YoY: -1.4%
Reconciled Depreciation
571.00M
Prev Year: 526.00M
YoY: +8.6%
Values in GBP

Pearson key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue3.6B GBP3.6B GBP3.7B GBP3.8B GBP3.4B GBP
Gross profit1.9B GBP1.8B GBP1.8B GBP1.8B GBP1.7B GBP
Operating income596.0M GBP544.0M GBP513.0M GBP396.0M GBP333.0M GBP
Net income335.0M GBP434.0M GBP378.0M GBP242.0M GBP177.0M GBP
Diluted EPS0.51 GBP0.64 GBP0.53 GBP0.33 GBP0.21 GBP
Total assets6.5B GBP6.9B GBP6.7B GBP7.3B GBP7.3B GBP
Total liabilities2.8B GBP2.8B GBP2.7B GBP2.9B GBP3.1B GBP
Shareholders' equity3.6B GBP4.0B GBP4.0B GBP4.4B GBP4.3B GBP
Cash and short-term investments333.0M GBP543.0M GBP312.0M GBP558.0M GBP937.0M GBP
Total debt1.5B GBP1.5B GBP1.2B GBP1.2B GBP1.4B GBP
Operating cash flow656.0M GBP627.0M GBP525.0M GBP361.0M GBP326.0M GBP
Capital spending134.0M GBP124.0M GBP126.0M GBP147.0M GBP176.0M GBP
Free cash flow522.0M GBP503.0M GBP399.0M GBP214.0M GBP150.0M GBP

In GBP. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.

Questions and answers

What was Pearson's revenue in fiscal year 2025?

3.58 billion GBP, up 0.7% from 3.55 billion GBP in fiscal year 2024.

How much profit does Pearson make?

Pearson reported net income of 335.00 million GBP for fiscal year 2025 (9.4% of revenue); operating income was 596.00 million GBP.

How much cash and debt does Pearson have?

At the end of fiscal year 2025: cash and short-term investments of 333.00 million GBP and total debt of 1.48 billion GBP.

What is Pearson's free cash flow?

522.00 million GBP in fiscal year 2025 (operating cash flow of 656.00 million GBP minus capital spending of 134.00 million GBP).

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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