Coty (COTY) financial statements
Coty reported revenue of $5.8B in fiscal 2026, down 3.0% a year over 9 years.
Net income was -$605M and the operating margin -1.4%, against -5.5% in 2017.
Free cash flow was $348M.
The diluted share count rose 36% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Coty's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.7B | $6.8B | $6.3B | $4.7B | $4.6B | $5.3B | $5.6B | $6.1B | $5.9B | $5.8B |
| Cost of revenue | $3.0B | $2.7B | $2.5B | $2.0B | $1.9B | $1.9B | $2.0B | $2.2B | $2.1B | $2.2B |
| Gross profit | $4.6B | $4.1B | $3.8B | $2.7B | $2.8B | $3.4B | $3.5B | $3.9B | $3.8B | $3.7B |
| Research and development | $139M | $108M | $98M | $93M | $96M | $97M | $105M | $127M | $123M | $121M |
| Selling, general and admin | $4.0B | $3.8B | $3.5B | $3.1B | $2.4B | $2.9B | $2.8B | $3.2B | $3.1B | $3.1B |
| Operating income | -$421M | -$156M | -$3.7B | -$1.2B | -$49M | $241M | $544M | $547M | $241M | -$82M |
| Interest expense | $220M | $223M | $252M | $233M | $232M | $241M | $261M | $252M | $227M | $184M |
| Pre-tax income | -$658M | -$394M | -$3.9B | -$1.5B | -$240M | $427M | $705M | $204M | -$345M | -$610M |
| Income tax | -$260M | -$32M | -$55M | -$378M | -$172M | $165M | $182M | $95M | $5M | -$20M |
| Net income | -$422M | -$169M | -$3.8B | -$1.0B | -$201M | $260M | $508M | $89M | -$368M | -$605M |
| EPS (diluted) | -$0.66 | -$0.23 | -$5.04 | -$1.33 | -$0.40 | $0.08 | $0.57 | $0.09 | -$0.44 | -$0.70 |
| Diluted shares | 643M | 750M | 751M | 759M | 765M | 834M | 886M | 883M | 871M | 877M |
| Gross margin | 60.4% | 60.3% | 60.3% | 57.8% | 59.8% | 63.5% | 63.9% | 64.4% | 64.8% | 62.9% |
| Operating margin | -5.5% | -2.3% | -58.7% | -26.2% | -1.0% | 4.5% | 9.8% | 8.9% | 4.1% | -1.4% |
| Net margin | -5.5% | -2.5% | -60.2% | -21.3% | -4.3% | 4.9% | 9.1% | 1.5% | -6.2% | -10.4% |
Balance sheet
Fiscal years, from Coty's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $535M | $332M | $340M | $308M | $254M | $233M | $247M | $301M | $257M | $176M |
| Receivables | $1.5B | $1.5B | $859M | $440M | $348M | $365M | $361M | $442M | $526M | $526M |
| Inventory | $1.1B | $1.1B | $860M | $678M | $651M | $662M | $853M | $764M | $794M | $839M |
| Total current assets | $3.6B | $3.7B | $3.3B | $6.5B | $1.8B | $1.7B | $2.1B | $2.0B | $2.0B | $1.9B |
| Property, plant and equipment | $1.6B | $1.7B | $1.3B | $1.1B | $918M | $716M | $713M | $719M | $709M | $650M |
| Goodwill | $8.6B | $7.6B | $4.2B | $4.0B | $4.1B | $3.9B | $4.0B | $3.9B | $4.1B | $3.8B |
| Total assets | $22.5B | $22.6B | $17.7B | $16.7B | $13.7B | $12.1B | $12.7B | $12.1B | $11.9B | $10.2B |
| Total current liabilities | $3.8B | $4.0B | $3.5B | $3.6B | $2.4B | $2.6B | $2.7B | $2.6B | $2.5B | $2.5B |
| Long-term debt | $6.9B | $7.3B | $7.5B | $7.9B | $5.4B | $4.4B | $4.2B | $3.8B | $4.0B | $3.0B |
| Total liabilities | $12.7B | $13.1B | $12.7B | $12.7B | $9.5B | $8.6B | $8.4B | $7.8B | $8.0B | $6.8B |
| Shareholders' equity | $9.3B | $8.8B | $4.6B | $3.0B | $2.9B | $3.2B | $3.8B | $3.8B | $3.5B | $3.0B |
| Net debt | $6.6B | $7.2B | $7.3B | $7.8B | $5.2B | $4.2B | $4.0B | $3.5B | $3.7B | $2.9B |
Cash flow
Fiscal years, from Coty's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $758M | $414M | $640M | -$51M | $319M | $727M | $626M | $615M | $493M | $538M |
| Capital spending | $432M | $446M | $427M | $267M | $174M | $174M | $223M | $245M | $215M | $190M |
| Free cash flow | $325M | -$33M | $213M | -$318M | $145M | $552M | $403M | $369M | $278M | $348M |
| Stock-based compensation | $25M | $31M | $15M | $30M | $30M | $196M | $136M | $89M | $50M | $46M |
| Dividends paid | $373M | $375M | $345M | $195M | — | — | — | — | — | — |
| Share buybacks (net) | -$36M | $0 | $0 | -$4M | $0 | — | — | — | — | — |
| Net borrowing | $939M | $975M | -$190M | — | — | — | — | — | — | — |
| Free cash flow margin | 4.3% | -0.5% | 3.4% | -6.7% | 3.1% | 10.4% | 7.3% | 6.0% | 4.7% | 6.0% |
| Dividends per share | $0.58 | $0.50 | $0.46 | $0.26 | — | — | — | — | — | — |
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Open COTY in InvestinglyQuestions
What was Coty's revenue in 2026?
$5.8B in fiscal 2026, from its 10-K filing.
How much free cash flow does Coty generate?
$348M in fiscal 2026 (operating cash flow minus capital spending).
From Coty's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.