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Filing Flows › Diageo (DEO) › H2 FY25 › vs H1 FY25

Diageo (DEO) H2 FY25 vs H1 FY25 (quarter over quarter)

Diageo's revenue fell $2.4B (-16%) from $15.2B in H1 FY25 to $12.8B in H2 FY25. Gross margin 42.5% against 44.4% (-1.9 pts).

Diageo, H2 FY25: revenue $12.8B, operating margin 9.2%, net earnings $419M, operating cash flow $1.1B. The chart draws each line against H1 FY25, the increases inside each band.

Diageo: what changed, H2 FY25 vs H1 FY25Diageo: what changed, H2 FY25 vs H1 FY25Operating cash flow−$2.1BPre-tax earnings−$2.0BOperating profit−$2.0BNet earnings−$1.5BGross profit−$1.3BCost of revenue−$1.1BOperating expenses$672MWorking capital & other−$617MIncome tax−$399MMinority interests−$96.0M

Margins

H2 FY25H1 FY25Change
Gross margin42.5%44.4%-1.9 pts
Operating margin9.2%20.8%-11.6 pts
Net margin3.3%12.8%-9.5 pts

Every line

LineH2 FY25H1 FY25Change%
Revenue$12.8B$15.2B−$2.4B-16%
Gross profit$5.4B$6.7B−$1.3B-19%
Cost of revenue$7.4B$8.4B−$1.1B-13%
Operating profit$1.2B$3.2B−$2.0B-63%
Operating expenses$4.3B$3.6B$672M+19%
Pre-tax earnings$763M$2.8B−$2.0B-72%
Other expense, net$417M$381M$36.0M+9%
Net earnings$419M$1.9B−$1.5B-78%
Minority interests$44.0M$140M−$96.0M-69%
Income tax$300M$699M−$399M-57%
Working capital & other$663M$1.3B−$617M-48%
Operating cash flow$1.1B$3.2B−$2.1B-66%

Questions

How much did Diageo's revenue grow quarter over quarter in H2 FY25?

Diageo's revenue fell $2.4B (-16%) from $15.2B in H1 FY25 to $12.8B in H2 FY25. Gross margin 42.5% against 44.4% (-1.9 pts).

H2 FY25 results → · Compare in the interactive Sankey →