Lenovo Group Limited (HKEX 0992) (HK0992) income statement
HKSE · Technology · Computer Hardware · 73,500 employees · CEO Yuanqing Yang
- Price
- HK$20.94 +2.15%
- Market cap
- HK$269B
- Enterprise value
- $35B
- Last report
- Q1 '27 filed 2026-06-30
- Next report
- 2026-11-19
Lenovo Group Limited (HKEX 0992) (HK0992) reported revenue of $26.9B for Q1 '27 (+42.9% year on year), operating income of $1.87B (6.9% of revenue) and net income of -$608M. Over the last four quarters revenue was $91.1B.
Income statement
| Income statement | Trend | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $14.4B | $15.7B | $13.8B | $15.4B | $17.9B | $18.8B | $17B | $18.8B | $20.5B | $22.2B | $21.5B | $26.9B | |
| Cost of revenue | $11.9B | $13.1B | $11.4B | $12.9B | $15.1B | $16B | $14.2B | $16.1B | $17.3B | $19B | $18B | $22.6B | |
| Gross profit | $2.52B | $2.6B | $2.43B | $2.56B | $2.8B | $2.79B | $2.78B | $2.77B | $3.15B | $3.19B | $3.53B | $4.29B | |
| Research & development | $498M | $547M | $531M | $476M | $548M | $621M | $644M | $524M | $581M | $637M | $746M | $681M | |
| Sales & marketing | $792M | $869M | $849M | $836M | $868M | $954M | $927M | $0 | $963M | $1.06B | $0 | $0 | |
| General & administrative | $638M | $592M | $665M | $650M | $747M | $711M | $714M | $0 | $801M | $729M | $0 | $0 | |
| Other operating expenses | $0 | -$19.1M | $0 | $103M | -$17.1M | -$14.8M | $166M | $0 | $158M | $0 | $0 | $0 | |
| Operating expenses | $2.01B | $1.99B | $2.04B | $2.07B | $2.15B | $2.27B | $2.45B | $1.99B | $2.5B | $2.27B | $2.7B | $2.43B | |
| Operating income | $514M | $613M | $489M | $494M | $651M | $688M | $331M | $785M | $643M | $922M | $833M | $1.87B | |
| Interest income | $38.2M | $35M | $30.6M | $26.4M | $28.7M | $27.3M | $27.5M | $216M | $27.1M | $28.9M | $27.1M | $25.3M | |
| Interest expense | $190M | $174M | $200M | $201M | $198M | $192M | $181M | $1.45B | $170M | $158M | $172M | $218M | |
| Other non-operating income (gains on investments, FX ...) | $0 | $0 | $15M | $0 | -$20.9M | -$31.9M | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total non-operating income | -$156M | -$142M | -$180M | -$181M | -$177M | -$171M | -$153M | -$163M | -$149M | -$105M | -$99.8M | -$2.05B | |
| Income before tax | $358M | $471M | $309M | $313M | $473M | $517M | $178M | $622M | $494M | $817M | $733M | -$180M | |
| Income tax | $68.6M | $94.2M | $55.6M | $59.5M | $89.9M | -$184M | $54M | $84M | $114M | $170M | $141M | $297M | |
| Net income | $249M | $337M | $248M | $243M | $359M | $693M | $90M | $505M | $340M | $545M | $519M | -$608M | |
| EPS (basic) | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.06 | $0.01 | $0.04 | $0.03 | $0.05 | $0.04 | -$0.05 | |
| EPS (diluted) | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.05 | $0.01 | $0.04 | $0.03 | $0.04 | $0.04 | -$0.05 | |
| Shares (basic, weighted) | 11.9B | 12B | 12B | 12.7B | 12.3B | 12.2B | 12.7B | 13.8B | 13.5B | 12.3B | 12.9B | 12.1B | |
| Shares (diluted, weighted) | 13.1B | 13.1B | 13B | 13.1B | 13.2B | 13.1B | 12.7B | 13.8B | 14.9B | 14.9B | 14.6B | 12.1B | |
| Depreciation & amortization | $348M | $358M | $368M | $347M | $355M | $377M | $341M | $345M | $357M | $381M | $332M | $364M | |
| EBITDA | $862M | $971M | $842M | $842M | $1.03B | $1.09B | $672M | $1.13B | $1B | $1.3B | $1.17B | $2.23B |
| Income statement | Trend | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $43B | $45.3B | $51B | $50.7B | $60.7B | $71.6B | $61.9B | $56.9B | $69.1B | $82.7B | |
| Cost of revenue | $36.9B | $39.1B | $43.7B | $42.4B | $51B | $59.6B | $51.4B | $47.1B | $58B | $70B | |
| Gross profit | $6.11B | $6.27B | $7.37B | $8.36B | $9.77B | $12B | $10.5B | $9.8B | $11.1B | $12.8B | |
| Research & development | $1.36B | $1.27B | $1.27B | $1.34B | $1.45B | $2.07B | $2.2B | $2.03B | $2.29B | $2.48B | |
| Sales & marketing | $2.68B | $2.83B | $2.66B | $2.97B | $3.04B | $3.75B | $3.29B | $3.31B | $3.58B | $0 | |
| General & administrative | $1.85B | $1.76B | $2.21B | $2.52B | $2.98B | $2.94B | $2.31B | $2.49B | $2.82B | $0 | |
| Other operating expenses | $0 | $301K | $0 | $85.9M | $104M | $204M | $40M | -$28.8M | $238M | $0 | |
| Operating expenses | $5.44B | $5.89B | $6.19B | $6.92B | $7.59B | $8.97B | $7.83B | $7.8B | $8.93B | $9.59B | |
| Operating income | $672M | $387M | $1.18B | $1.44B | $2.18B | $3.08B | $2.67B | $2.01B | $2.16B | $3.16B | |
| Interest income | $27.8M | $32M | $27.4M | $48.3M | $34.7M | $56.1M | $125M | $141M | $110M | $110M | |
| Interest expense | $228M | $261M | $322M | $431M | $381M | $337M | $316M | $760M | $770M | $685M | |
| Other non-operating income (gains on investments, FX ...) | -$15.8M | -$26.5M | $64.4K | $159M | $139M | -$13M | -$125M | -$145M | -$86.8M | $0 | |
| Total non-operating income | -$182M | -$234M | -$321M | -$421M | -$406M | -$313M | -$533M | -$640M | -$683M | -$506M | |
| Income before tax | $490M | $153M | $857M | $1.02B | $1.77B | $2.77B | $2.14B | $1.37B | $1.48B | $2.66B | |
| Income tax | -$40.5M | $280M | $199M | $213M | $461M | $622M | $455M | $263M | $18.9M | $508M | |
| Net income | $537M | -$136M | $650M | $719M | $1.21B | $2.03B | $1.61B | $1.01B | $1.38B | $1.9B | |
| EPS (basic) | $0.05 | -$0.01 | $0.05 | $0.06 | $0.10 | $0.17 | $0.14 | $0.09 | $0.11 | $0.16 | |
| EPS (diluted) | $0.05 | -$0.01 | $0.05 | $0.05 | $0.09 | $0.16 | $0.13 | $0.08 | $0.11 | $0.14 | |
| Shares (basic, weighted) | 11B | 11.3B | 11.9B | 11.9B | 11.9B | 11.6B | 11.9B | 12B | 12.3B | 12.2B | |
| Shares (diluted, weighted) | 11B | 11.3B | 12B | 12.9B | 13.1B | 13.1B | 13B | 13B | 13.6B | 14.7B | |
| Depreciation & amortization | $742M | $739M | $799M | $970M | $1.06B | $1.26B | $1.35B | $1.41B | $1.42B | $1.42B | |
| EBITDA | $1.43B | $1.15B | $1.98B | $2.25B | $3.1B | $4.36B | $4.15B | $3.56B | $3.67B | $4.58B |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings.
Data as of 2026-11-02 · Amounts in USD as reported; price and market cap in HKD.