PSO financial statements
The full income statement, balance sheet, and cash-flow statement for Pearson Plc (PSO), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 4.72B+4.0% | 4.54B-0.6% | 4.57B-3.5% | 4.74B+0.4% | 4.72B+8.2% | |
| 2.46B+6.1% | 2.31B+1.4% | 2.28B+3.1% | 2.21B-4.3% | 2.31B+10.6% | ||
| Cost of revenue | 2.27B+1.9% | 2.22B-2.7% | 2.29B-9.4% | 2.52B+5.0% | 2.40B+6.0% | |
| Research & development | 10.6M+37.7% | 7.67M-22.9% | 9.95M-19.3% | 12.3M-25.3% | 16.5M+17.0% | |
| Operating income | 669M-3.2% | 691M+11.7% | 619M+85.3% | 334M+32.7% | 252M-52.3% | |
| Interest expense | 129M-9.6% | 143M+42.1% | 101M+15.0% | 87.5M-6.4% | 93.5M-31.9% | |
| Pre-tax income | 603M-7.4% | 652M+6.3% | 613M+53.9% | 398M+63.6% | 243M-50.1% | |
| Income tax | 160M+66.7% | 95.8M-31.8% | 140M+44.2% | 97.4M+7181.2% | -1.38M-102.1% | |
| 444M-20.2% | 556M+17.7% | 472M+57.0% | 301M+22.9% | 245M-42.2% | ||
| Net income to common | 442M-20.3% | 555M+18.0% | 470M+57.5% | 298M+22.6% | 243M-42.5% | |
| $0.67-17.5% | $0.81+23.9% | $0.66+63.0% | $0.40+25.4% | $0.32-99.4% | ||
| EPS (basic) | $0.68-17.7% | $0.82+24.9% | $0.66+63.2% | $0.40+25.1% | $0.32-99.4% | |
| Weighted-avg shares (basic) | 651M-3.2% | 673M-5.4% | 712M-3.6% | 738M-2.1% | 754M-0.2% | |
| Weighted-avg shares (diluted) | 660M-3.5% | 684M-4.6% | 717M-3.3% | 742M-2.3% | 759M+0.5% | |
| Dividends per share | $0.33+11.0% | $0.30+9.0% | $0.27+2.2% | $0.27-0.8% | $0.27+8.9% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash & equivalents | 448M-34.2% | 681M+71.5% | 397M-40.9% | 673M-46.8% | 1.26B-15.4% | |
| Accounts receivable | 1.46B+12.7% | 1.29B-3.3% | 1.34B-2.6% | 1.37B-19.1% | 1.70B+11.3% | |
| Inventory | 88.9M-4.3% | 92.9M-19.9% | 116M-8.5% | 127M-4.3% | 132M-24.8% | |
| 8.70B+0.6% | 8.65B+1.0% | 8.57B-3.0% | 8.83B-10.9% | 9.91B-2.4% | ||
| Property, plant & equipment | 283M+4.3% | 271M-1.9% | 276M-8.3% | 301M-39.0% | 494M-29.6% | |
| Goodwill | 3.27B+6.8% | 3.06B-1.3% | 3.10B+3.7% | 2.99B+3.3% | 2.90B+1.4% | |
| Total non-current assets | 5.57B+6.6% | 5.23B-4.4% | 5.47B+0.7% | 5.43B-2.4% | 5.56B-0.7% | |
| Short-term & current debt | 83.5M-78.9% | 395M+363.3% | 85.3M-17.7% | 104M-50.4% | 209M-39.6% | |
| 3.76B+5.7% | 3.56B+2.1% | 3.49B-0.6% | 3.51B-15.2% | 4.13B-8.6% | ||
| Long-term debt | 1.91B+31.6% | 1.45B+4.2% | 1.39B+1.0% | 1.38B-17.9% | 1.68B-11.7% | |
| 4.91B-3.1% | 5.07B+0.1% | 5.06B-4.6% | 5.31B-7.9% | 5.76B+2.5% | ||
| Total equity incl. non-controlling | 4.93B-3.0% | 5.09B+0.2% | 5.08B-4.6% | 5.32B-7.9% | 5.78B+2.5% | |
| Common shares outstanding | 636M-4.6% | 666M-4.5% | 697M-2.6% | 716M-5.4% | 757M+0.5% | |
| Shares outstanding (cover) | 636M-4.6% | 666M-4.5% | 697M-2.6% | 716M-5.4% | 757M+0.5% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 866M+8.1% | 801M+22.8% | 653M+46.6% | 445M-0.7% | 448M-10.1% | ||
| Intangible amortization | — | — | 59.7M | — | — | |
| Capital expenditure | — | — | — | — | 88.0M+29.5% | |
| Free cash flow | — | — | — | — | 360M-16.4% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt issued | 1.34B-16.9% | 1.62B+356.2% | 354M | 0.00 | 0.00-100.0% | |
| Long-term debt repaid | 1.29B+9.3% | 1.18B+232.2% | 354M+68.1% | 211M-8.2% | 230M-22.1% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 83.2M+97.2% | 42.2M-3.1% | 43.5M-4.6% | 45.6M+107.3% | 22.0M+185.9% | |
| Dividends paid | 211M+6.0% | 199M+4.1% | 191M-0.5% | 192M-6.2% | 205M+9.4% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 8.93B-16.9% | 10.7B+22.1% | 8.80B+3.1% | 8.53B+34.2% | 6.36B-8.1% | |
| P/E | 20.1×+4.2% | 19.3×-33.9% | 29.2×-16.1% | 34.8×+34.2% | 26.0×+59.0% | |
| P/S | 1.9×-20.1% | 2.4×+27.4% | 1.9×+2.7% | 1.8×+34.2% | 1.3×-15.0% | |
| P/B | 1.8×-14.3% | 2.1×+27.9% | 1.7×+12.0% | 1.5×+34.2% | 1.1×-10.3% | |
| P/FCF | 24.8×-16.9% | 29.8×+22.1% | 24.4×+3.1% | 23.7×+34.2% | 17.6×+10.0% | |
| Earnings yield | 5.0%-4.0% | 5.2%+51.3% | 3.4%+19.1% | 2.9%-25.5% | 3.9%-37.1% | |
| FCF yield | 4.0%+20.3% | 3.4%-18.1% | 4.1%-3.0% | 4.2%-25.5% | 5.7%-9.1% | |
| Dividend yield | 2.4%+27.5% | 1.9%-16.9% | 2.2%-6.3% | 2.4%-26.0% | 3.2%+19.0% | |
| Source filing | 20-F | 20-F | 20-F | 20-F | 20-F |
About this data
Source: PSO’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all PSO filings on SEC EDGAR → Not investment advice.