Kyivstar Group (KYIV) financial statements
Kyivstar Group reported revenue of $1.2B in fiscal 2025, up 12.4% a year over 2 years.
Net income was $124M and the operating margin 23.7%, against 39.7% in 2023.
Free cash flow was $225M.
The diluted share count rose 4% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Kyivstar Group's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | $915M | $919M | $1.2B |
| Selling, general and admin | $284M | $305M | $393M |
| Operating income | $363M | $348M | $274M |
| Interest expense | $82M | $82M | $75M |
| Pre-tax income | $346M | $347M | $198M |
| Income tax | $65M | $64M | $74M |
| Net income | $281M | $283M | $124M |
| EPS (diluted) | $1.36 | $1.37 | $0.57 |
| Diluted shares | 207M | 207M | 216M |
| Operating margin | 39.7% | 37.9% | 23.7% |
| Net margin | 30.7% | 30.8% | 10.7% |
Balance sheet
Fiscal years, from Kyivstar Group's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Cash and short-term investments | $425M | $674M | $455M |
| Receivables | — | $40M | $37M |
| Inventory | — | $3M | $3M |
| Total current assets | — | $1.2B | $692M |
| Property, plant and equipment | $597M | $624M | $849M |
| Goodwill | $15M | $14M | $128M |
| Total assets | — | $2.2B | $2.1B |
| Total current liabilities | — | $887M | $498M |
| Long-term debt | — | $225M | — |
| Total liabilities | — | $1.1B | $823M |
| Shareholders' equity | $887M | $1.1B | $1.3B |
| Net debt | -$425M | -$449M | -$455M |
Cash flow
Fiscal years, from Kyivstar Group's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating cash flow | $413M | $430M | $558M |
| Capital spending | $143M | $248M | $333M |
| Free cash flow | $270M | $182M | $225M |
| Net borrowing | -$60M | $0 | -$583M |
| Free cash flow margin | 29.5% | 19.8% | 19.4% |
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Open KYIV in InvestinglyQuestions
What was Kyivstar Group's revenue in 2025?
$1.2B in fiscal 2025, from its 10-K filing.
How much free cash flow does Kyivstar Group generate?
$225M in fiscal 2025 (operating cash flow minus capital spending).
From Kyivstar Group's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.