Alcon Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Alcon Inc. reported revenue of $10.4B (+4.9% year on year) and net income of $980.0M (-3.7% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net sales | $10.3B | $9.8B | $9.4B | $8.7B |
| Other revenues | $82.0M | $75.0M | $85.0M | $63.0M |
| Net sales and other revenues | $10.4B | $9.9B | $9.5B | $8.7B |
| Cost of net sales | ($4.6B) | ($4.3B) | ($4.1B) | ($3.9B) |
| Cost of other revenues | ($64.0M) | ($71.0M) | ($67.0M) | ($59.0M) |
| Gross profit | $5.7B | $5.5B | $5.2B | $4.7B |
| Selling, general & administration | ($3.4B) | ($3.3B) | ($3.2B) | ($3.1B) |
| Research & development | ($990.0M) | ($876.0M) | ($828.0M) | ($702.0M) |
| Other income | $169.0M | $77.0M | $80.0M | $36.0M |
| Other expense | ($115.0M) | ($50.0M) | ($251.0M) | ($342.0M) |
| Operating income | $1.4B | $1.4B | $1.0B | $672.0M |
| Interest expense | ($204.0M) | ($192.0M) | ($189.0M) | ($134.0M) |
| Other financial income & expense | $22.0M | $43.0M | ($18.0M) | ($75.0M) |
| Share of (loss) from associated companies | ($18.0M) | ($8.0M) | — | — |
| Income before taxes | $1.2B | $1.3B | $832.0M | $463.0M |
| Taxes | ($180.0M) | ($238.0M) | $142.0M | ($128.0M) |
| Net income | $980.0M | $1.0B | $974.0M | $335.0M |
| Shareholders of Alcon Inc. | $980.0M | — | — | — |
| Non-controlling interests | $0 | — | — | — |
| Basic (in dollars per share) | $1.99 | $2.06 | $1.98 | $0.68 |
| Diluted (in dollars per share) | $1.98 | $2.05 | $1.96 | $0.68 |
| Basic (in shares) | 493.2M | 494.4M | 493.0M | 491.4M |
| Diluted (in shares) | 496.2M | 497.5M | 496.5M | 494.4M |
| Line item | Jun 30, 2026 · YTD | Jun 30, 2025 · YTD | Jun 30, 2024 · YTD | Jun 30, 2023 · YTD |
|---|---|---|---|---|
| Net sales | $5.5B | $5.0B | $4.9B | $4.7B |
| Other revenues | $62.0M | $41.0M | $29.0M | $39.0M |
| Net sales and other revenues | $5.5B | $5.1B | $5.0B | $4.8B |
| Cost of net sales | ($2.3B) | ($2.3B) | ($2.2B) | ($2.1B) |
| Cost of other revenues | ($36.0M) | ($31.0M) | ($28.0M) | ($36.0M) |
| Gross profit | $3.2B | $2.8B | $2.8B | $2.7B |
| Selling, general & administration | ($1.8B) | ($1.7B) | ($1.6B) | ($1.6B) |
| Research & development | ($908.0M) | ($467.0M) | ($419.0M) | ($419.0M) |
| Other income | $17.0M | $154.0M | $11.0M | $10.0M |
| Other expense | ($160.0M) | ($60.0M) | ($23.0M) | ($104.0M) |
| Operating income | $303.0M | $715.0M | $686.0M | $538.0M |
| Interest expense | ($105.0M) | ($100.0M) | ($95.0M) | ($95.0M) |
| Other financial income & expense | $2.0M | $13.0M | $24.0M | ($17.0M) |
| Share of loss from associated companies | ($6.0M) | ($15.0M) | — | — |
| (Loss)/income before taxes | $194.0M | $613.0M | $615.0M | $426.0M |
| Taxes | ($5.0M) | ($87.0M) | ($144.0M) | ($83.0M) |
| Net income | $189.0M | $526.0M | $471.0M | $343.0M |
| Shareholders of Alcon Inc. | $189.0M | $526.0M | — | — |
| Non-controlling interests | $0 | $0 | — | — |
| Basic (in dollars per share) | $0.39 | $1.06 | $0.95 | $0.70 |
| Diluted (in dollars per share) | $0.39 | $1.06 | $0.95 | $0.69 |
| Basic (in shares) | 486.9M | 495.2M | 494.1M | 492.8M |
| Diluted (in shares) | 489.4M | 497.9M | 496.7M | 495.9M |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Property, plant & equipment | $4.8B | $4.4B | $4.4B | $4.0B |
| Right-of-use assets | $447.0M | $449.0M | $354.0M | $391.0M |
| Goodwill | $9.3B | $8.9B | $8.9B | $9.0B |
| Intangible assets other than goodwill | $9.0B | $8.6B | $9.1B | $9.7B |
| Deferred tax assets | $458.0M | $421.0M | $443.0M | $411.0M |
| Financial assets | $768.0M | $652.0M | $517.0M | $287.0M |
| Other non-current assets | $397.0M | $594.0M | $298.0M | $243.0M |
| Total non-current assets | $25.1B | $24.0B | $24.0B | $24.0B |
| Inventories | $2.4B | $2.3B | $2.3B | $2.1B |
| Trade receivables | $1.9B | $1.7B | $1.8B | $1.7B |
| Income tax receivables | $20.0M | $23.0M | $34.0M | $13.0M |
| Cash and cash equivalents | $1.5B | $1.7B | $1.1B | $980.0M |
| Time deposits | $80.0M | $153.0M | — | — |
| Other current assets | $489.0M | $453.0M | $427.0M | $418.0M |
| Total current assets | $6.4B | $6.3B | $5.6B | $5.2B |
| Total assets | $31.6B | $30.3B | $29.6B | $29.2B |
| Share capital | $20.0M | $20.0M | $20.0M | $20.0M |
| Reserves | $22.0B | $21.5B | $20.6B | $19.7B |
| Equity attributable to shareholders of Alcon Inc. | $22.0B | — | — | — |
| Non-controlling interests | $1.0M | — | — | — |
| Total equity | $22.0B | $21.6B | $20.6B | $19.7B |
| Financial debts | $4.2B | $4.5B | $4.6B | $4.5B |
| Lease liabilities | $429.0M | $429.0M | $335.0M | $359.0M |
| Deferred tax liabilities | $941.0M | $724.0M | $797.0M | $1.1B |
| Provisions & other non-current liabilities | $939.0M | $825.0M | $784.0M | $786.0M |
| Total non-current liabilities | $6.5B | $6.5B | $6.5B | $6.8B |
| Trade payables | $926.0M | $773.0M | $811.0M | $861.0M |
| Financial debts | $575.0M | $105.0M | $145.0M | $107.0M |
| Lease liabilities | $80.0M | $68.0M | $71.0M | $71.0M |
| Current income tax liabilities | $182.0M | $104.0M | $114.0M | $219.0M |
| Provisions & other current liabilities | $1.3B | $1.2B | $1.3B | $1.5B |
| Total current liabilities | $3.0B | $2.3B | $2.5B | $2.8B |
| Total liabilities | $9.5B | $8.8B | $9.0B | $9.5B |
| Total equity and liabilities | $31.6B | $30.3B | $29.6B | $29.2B |
| Line item | Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 |
|---|---|---|---|---|
| Property, plant & equipment | $4.7B | $4.6B | $4.3B | $4.1B |
| Right-of-use assets | $513.0M | $463.0M | $356.0M | $382.0M |
| Goodwill | $9.3B | $9.2B | $8.9B | $9.0B |
| Intangible assets other than goodwill | $8.3B | $9.2B | $8.8B | $9.4B |
| Deferred tax assets | $486.0M | $470.0M | $448.0M | $406.0M |
| Financial assets | $768.0M | $763.0M | $608.0M | $513.0M |
| Other non-current assets | $434.0M | $397.0M | $303.0M | $281.0M |
| Total non-current assets | $24.5B | $25.1B | $23.7B | $24.0B |
| Inventories | $2.5B | $2.4B | $2.3B | $2.3B |
| Trade receivables | $2.1B | $2.0B | $1.8B | $1.8B |
| Income tax receivables | $21.0M | $23.0M | $20.0M | $40.0M |
| Cash and cash equivalents | $1.4B | $1.4B | $1.4B | $661.0M |
| Time deposits | $101.0M | $0 | — | — |
| Other current assets | $558.0M | $489.0M | $434.0M | $437.0M |
| Total current assets | $6.6B | $6.3B | $6.0B | $5.2B |
| Total assets | $31.1B | $31.4B | $29.7B | $29.2B |
| Share capital | $20.0M | $20.0M | $20.0M | $20.0M |
| Reserves | $21.6B | $22.1B | $20.9B | $19.9B |
| Equity attributable to shareholders of Alcon Inc. | $21.6B | $22.1B | — | — |
| Non-controlling interests | $1.0M | $16.0M | — | — |
| Total equity | $21.6B | $22.1B | $20.9B | $19.9B |
| Financial debts | $4.1B | $4.7B | $4.5B | $4.6B |
| Lease liabilities | $499.0M | $440.0M | $332.0M | $354.0M |
| Deferred tax liabilities | $841.0M | $857.0M | $792.0M | $1.1B |
| Provisions & other non-current liabilities | $846.0M | $872.0M | $763.0M | $832.0M |
| Total non-current liabilities | $6.3B | $6.8B | $6.4B | $6.9B |
| Trade payables | $968.0M | $895.0M | $868.0M | $902.0M |
| Financial debts | $570.0M | $81.0M | $137.0M | $100.0M |
| Lease liabilities | $81.0M | $76.0M | $71.0M | $72.0M |
| Current income tax liabilities | $228.0M | $215.0M | $187.0M | $153.0M |
| Provisions & other current liabilities | $1.3B | $1.2B | $1.1B | $1.2B |
| Total current liabilities | $3.2B | $2.4B | $2.3B | $2.4B |
| Total liabilities | $9.5B | $9.3B | $8.8B | $9.3B |
| Total equity and liabilities | $31.1B | $31.4B | $29.7B | $29.2B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income | $980.0M | $1.0B | $974.0M | $335.0M |
| Depreciation, amortization, impairments and fair value adjustments | $1.2B | $1.2B | $1.2B | $1.1B |
| Equity-based compensation expense | $162.0M | $150.0M | $144.0M | $140.0M |
| Non-cash change in current and non-current provisions and other non-current liabilities | $84.0M | $52.0M | $21.0M | $187.0M |
| Losses on disposal and other adjustments on property, plant & equipment and other non-current assets, net | $16.0M | $16.0M | $27.0M | $10.0M |
| Net gain on divestment of product rights | $0 | ($57.0M) | — | — |
| Interest expense | $204.0M | $192.0M | $189.0M | $134.0M |
| Other financial income & expense | ($22.0M) | ($43.0M) | $18.0M | $75.0M |
| Share of loss from associated companies | $18.0M | $8.0M | — | — |
| Taxes | $180.0M | $238.0M | ($142.0M) | $128.0M |
| Interest received | $63.0M | $69.0M | $33.0M | $14.0M |
| Interest paid | ($190.0M) | ($182.0M) | ($176.0M) | ($111.0M) |
| Other financial payments | ($8.0M) | ($8.0M) | ($7.0M) | ($7.0M) |
| Taxes paid | ($107.0M) | ($326.0M) | ($255.0M) | ($178.0M) |
| Net cash flows before working capital changes and net payments out of provisions and other non-current liabilities | $2.6B | $2.4B | $2.1B | $1.8B |
| Net payments out of provisions and other cash movements in non-current liabilities | ($60.0M) | ($87.0M) | ($260.0M) | ($99.0M) |
| Change in net current assets and other operating cash flow items | ($240.0M) | ($189.0M) | ($404.0M) | ($522.0M) |
| Net cash flows from operating activities | $2.3B | $2.1B | $1.4B | $1.2B |
| Purchase of property, plant & equipment | ($543.0M) | ($473.0M) | ($658.0M) | ($636.0M) |
| Proceeds from sale of property, plant & equipment | $5.0M | — | — | $0 |
| Purchase of intangible assets | ($120.0M) | ($197.0M) | ($193.0M) | ($109.0M) |
| Purchase of investments in associated companies | ($8.0M) | ($159.0M) | ($10.0M) | — |
| Payments for financial assets | ($56.0M) | ($128.0M) | ($233.0M) | — |
| Purchase of time deposits | ($80.0M) | ($150.0M) | — | — |
| Proceeds from time deposits | $150.0M | — | — | — |
| Proceeds from financial assets | $8.0M | $9.0M | $2.0M | $2.0M |
| Acquisitions of assets, net of cash acquired | $0 | $0 | ($2.0M) | ($485.0M) |
| Acquisitions of businesses, net of cash acquired | ($692.0M) | ($61.0M) | $0 | ($666.0M) |
| Other investing cash flows | ($8.0M) | ($8.0M) | — | — |
| Net cash flows used in investing activities | ($1.3B) | ($1.2B) | ($1.1B) | ($1.9B) |
| Dividends paid to shareholders of Alcon Inc. | ($166.0M) | ($130.0M) | ($116.0M) | ($100.0M) |
| Repayment of financial debts | ($112.0M) | ($47.0M) | $0 | ($775.0M) |
| Proceeds from financial debts, net of issuance costs | $59.0M | $59.0M | $0 | $771.0M |
| Other net changes in financial debts | $38.0M | ($66.0M) | — | — |
| Payments for acquisition of treasury shares | -676.0M | — | — | — |
| Lease payments | ($81.0M) | ($83.0M) | ($79.0M) | ($69.0M) |
| Payment of withholding taxes related to equity-based compensation | ($47.0M) | ($47.0M) | ($49.0M) | ($50.0M) |
| Transactions with non-controlling interests | ($26.0M) | — | — | — |
| Other financing cash flows | ($108.0M) | ($8.0M) | ($39.0M) | ($66.0M) |
| Net cash flows used in financing activities | ($1.1B) | ($322.0M) | ($211.0M) | ($8.0M) |
| Effect of exchange rate changes on cash and cash equivalents | $43.0M | ($6.0M) | $31.0M | $61.0M |
| Net change in cash and cash equivalents | ($149.0M) | $582.0M | $114.0M | ($595.0M) |
| Cash and cash equivalents at January 1 | $1.7B | $1.1B | $980.0M | $1.6B |
| Cash and cash equivalents at December 31 | $1.5B | $1.7B | $1.1B | $980.0M |
| Line item | Jun 30, 2026 · YTD | Jun 30, 2025 · YTD | Jun 30, 2024 · YTD | Jun 30, 2023 · YTD |
|---|---|---|---|---|
| Net income | $189.0M | $526.0M | $471.0M | $343.0M |
| Depreciation, amortization, impairments and fair value adjustments | $1.1B | $529.0M | $606.0M | $603.0M |
| Equity-based compensation expense | $87.0M | $77.0M | $77.0M | $74.0M |
| Non-cash change in current and non-current provisions and other non-current liabilities | $15.0M | $44.0M | $33.0M | $49.0M |
| Losses on disposal and other adjustments on property, plant & equipment and other non-current assets, net | $4.0M | $2.0M | $3.0M | $14.0M |
| Interest expense | $105.0M | $100.0M | $95.0M | $95.0M |
| Other financial income & expense | ($2.0M) | ($13.0M) | ($24.0M) | $17.0M |
| Share of loss from associated companies | $6.0M | $15.0M | — | — |
| Taxes | $5.0M | $87.0M | $144.0M | $83.0M |
| Interest received | $24.0M | $37.0M | $31.0M | $15.0M |
| Interest paid | ($104.0M) | ($101.0M) | ($99.0M) | ($94.0M) |
| Other financial payments | ($4.0M) | ($4.0M) | ($5.0M) | ($4.0M) |
| Taxes paid | ($78.0M) | ($52.0M) | ($87.0M) | ($151.0M) |
| Net cash flows before working capital changes and net payments out of provisions and other non-current liabilities | $1.4B | $1.2B | $1.2B | $1.0B |
| Net payments out of provisions and other cash movements in non-current liabilities | ($92.0M) | ($32.0M) | ($58.0M) | ($214.0M) |
| Change in net current assets and other operating cash flow items | ($352.0M) | ($326.0M) | ($316.0M) | ($420.0M) |
| Net cash flows from operating activities | $928.0M | $889.0M | $871.0M | $410.0M |
| Purchase of property, plant & equipment | ($235.0M) | ($208.0M) | ($204.0M) | ($221.0M) |
| Purchase of intangible assets | ($96.0M) | ($65.0M) | ($59.0M) | ($132.0M) |
| Purchase of investments in associated companies | $0 | ($8.0M) | — | — |
| Payments for financial assets | ($91.0M) | ($24.0M) | ($97.0M) | ($216.0M) |
| Purchase of time deposits | ($100.0M) | — | — | — |
| Proceeds from time deposits | $80.0M | $150.0M | — | — |
| Proceeds from financial assets | $1.0M | $1.0M | $9.0M | $1.0M |
| Acquisitions of businesses, net of cash acquired | $0 | ($568.0M) | — | $0 |
| Other investing cash flows | $1.0M | ($10.0M) | — | — |
| Net cash flows used in investing activities | ($440.0M) | ($732.0M) | ($351.0M) | ($568.0M) |
| Dividends paid to shareholders of Alcon Inc. | ($174.0M) | ($166.0M) | ($130.0M) | ($116.0M) |
| Repayment of financial debts | ($51.0M) | ($102.0M) | — | — |
| Proceeds from financial debts, net of issuance costs | $51.0M | $49.0M | — | — |
| Other net changes in financial debts | $1.0M | $39.0M | ($7.0M) | — |
| Payments for acquisition of treasury shares | -353.0M | -116.0M | — | — |
| Lease payments | ($43.0M) | ($38.0M) | ($43.0M) | ($38.0M) |
| Payment of withholding taxes related to equity-based compensation | ($46.0M) | ($43.0M) | ($42.0M) | ($43.0M) |
| Transactions with non-controlling interests | $0 | ($11.0M) | — | — |
| Other financing cash flows | ($28.0M) | ($91.0M) | ($7.0M) | ($8.0M) |
| Net cash flows used in financing activities | ($643.0M) | ($479.0M) | ($237.0M) | ($166.0M) |
| Effect of exchange rate changes on cash and cash equivalents | ($17.0M) | $54.0M | ($5.0M) | $5.0M |
| Net change in cash and cash equivalents | ($172.0M) | ($268.0M) | $278.0M | ($319.0M) |
| Cash and cash equivalents at January 1 | $1.5B | $1.7B | $1.1B | $980.0M |
| Cash and cash equivalents at June 30 | $1.4B | $1.4B | $1.4B | $661.0M |
Alcon Inc. score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.