UBS financial statements
The full income statement, balance sheet, and cash-flow statement for UBS Group AG Registered (UBS), 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 | — | — | — | — | 35.4B YoY+7.0% | |
| Pre-tax income | 8.85B YoY+29.8% | 6.82B YoY-75.9% | 28.3B YoY+194.2% | 9.60B YoY+1.3% | 9.48B YoY+16.3% | |
| Income tax | 1.06B YoY-37.0% | 1.68B YoY+91.9% | 873M YoY-55.0% | 1.94B YoY-2.8% | 2.00B YoY+26.2% | |
| Net income | 7.80B YoY+51.5% | 5.15B YoY-81.2% | 27.4B YoY+257.4% | 7.66B YoY+2.3% | 7.49B YoY+13.9% | |
$2.36 YoY+55.3% | $1.52 YoY-81.7% | $8.30 YoY+268.9% | $2.25 YoY+9.2% | $2.06 YoY+16.4% | ||
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash & equivalents | 231B YoY-5.2% | 244B YoY-28.3% | 340B YoY+74.2% | 195B YoY-6.0% | 208B YoY+19.8% | |
1.62T YoY+3.3% | 1.57T YoY-8.8% | 1.72T YoY+55.5% | 1.10T YoY-1.1% | 1.12T YoY-0.8% | ||
| Total liabilities | 1.53T YoY+3.2% | 1.48T YoY-9.3% | 1.63T YoY+55.7% | 1.05T YoY-0.9% | 1.06T YoY-0.9% | |
90.2B YoY+6.0% | 85.1B YoY-0.6% | 85.6B YoY+50.5% | 56.9B YoY-6.2% | 60.7B YoY+2.0% | ||
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash from operations | 21.9B YoY+566.4% | 3.28B YoY-96.2% | 86.1B YoY+487.6% | 14.6B YoY-53.4% | 31.4B YoY-15.0% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt issued | 131B YoY+31.3% | 100B YoY-8.7% | 110B YoY+38.7% | 79.1B YoY-19.5% | 98.3B YoY+22.4% | |
| Long-term debt repaid | 155B YoY+19.2% | 130B YoY+18.5% | 109B YoY+61.8% | 67.7B YoY-15.3% | 79.9B YoY-8.3% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 5.44B YoY+75.9% | 3.09B YoY+0.7% | 3.07B YoY-51.0% | 6.26B YoY+77.8% | 3.52B YoY+122.3% | |
| Dividends paid | 2.87B YoY+27.0% | 2.26B YoY+34.4% | 1.68B YoY+0.7% | 1.67B YoY+28.2% | 1.30B YoY-50.1% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 155B YoY+47.4% | 105B YoY-3.6% | 109B YoY+57.6% | 69.1B YoY+4.5% | 66.2B YoY+26.3% | |
| P/E | 19.8× YoY-2.7% | 20.4× YoY+43.5% | 14.2× YoY+54.0% | 9.2× YoY+4.5% | 8.8× YoY+10.9% | |
| P/S | 4.4× YoY+47.4% | 3.0× YoY-3.6% | 3.1× YoY+57.6% | 2.0× YoY+4.5% | 1.9× YoY+18.1% | |
| P/B | 1.7× YoY+39.0% | 1.2× YoY-35.6% | 1.9× YoY+68.0% | 1.1× YoY+4.5% | 1.1× YoY+23.8% | |
5.0% YoY+2.8% | 4.9% YoY-30.3% | 7.0% YoY-35.0% | 10.8% YoY-4.3% | 11.3% YoY-9.8% | ||
1.9% YoY-15.8% | 2.3% YoY+29.7% | 1.8% YoY-33.5% | 2.7% YoY+29.3% | 2.1% YoY-59.9% | ||
| Source filing | 20-F | 20-F | 20-F | 20-F | 20-F |
About this data
Source: UBS'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 UBS filings on SEC EDGAR → Not investment advice.