Below are the financial statements of Xylem, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue from products | 7,095a | 6,291a | 4,978a |
| Revenue from services | 1,467a | 1,073a | 544a |
| Revenue | 8,562a | 7,364a | 5,522a |
| Cost of revenue from products | -4,250a | -3,817a | -3,002a |
| Cost of revenue from services | -1,100a | -830a | -436a |
| Cost of revenue | -5,350a | -4,647a | -3,438a |
| Gross profit | 3,212a | 2,717a | 2,084a |
| Selling, general and administrative expenses | -1,911a | -1,757a | -1,227a |
| Research and development expenses | -230a | -232a | -206a |
| Restructuring and asset impairment charges | -62a | -76a | -29a |
| Operating income | 1,009a | 652a | 622a |
| Interest expense | -44a | -49a | -50a |
| U.K. pension settlement expense | 0a | 0a | -140a |
| Gain on remeasurement of previously held equity interest | 152a | 0a | 0a |
| Other non-operating income, net | 16a | 33a | 7a |
| (Loss) gain on sale of businesses | -46a | -1a | 1a |
| Income before taxes | 1,087a | 635a | 440a |
| Income tax expense | -197a | -26a | -85a |
| Net income | 890a | 609a | 355a |
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