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Unilever (UL) earnings and revenue breakdown

Latest: H1 2026 · 6-K filed Jul 28, 2026 · Unilever (UL) H1 2026 earnings results →

H1 2026 Revenue up 0% year over year to $25.6B · 12¢ of every $1 of revenue kept as net profit · operating margin 19.1%

Unilever made $25.6B in H1 2026 (+0.5% Y/Y). Operating margin 19.1%, net earnings $3.0B. See where every dollar goes — costs, profit and cash — as a Sankey from the 6-K filed Jul 28, 2026.

Revenue$25.6B
Year over year+0.5%
Operating margin19.1%
Net earnings$3.0B
Operating cash flow—

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was €25.6B in H1 2026, roughly flat year over year.

Operating profit was €4.9B, a 19.1% margin (up 0.4 points year over year). Of the extra revenue versus a year earlier, 105% reached operating profit, above the 19% margin then. Total costs fell 0% while revenue was flat. Net earnings were €3.0B, down 3% year over year. The effective tax rate was 29.4%.

Quarterly history

QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
H1 20266-KJul 28, 2026$25.6B+0.5%19.1%$3.0B—

Charts

Unilever: where the cash came from (+) and went (−), FY2025Unilever: where the cash came from (+) and went (−), FY2025Operating cash flow$8.3BDividends−$4.5BOther financing−$3.1BCash drawn (+) / kept (−)$2.1BOther investing−$1.7BCapital spending−$1.4BNet borrowing (+) / repaid (−)$731MExchange rates−$498M
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Unilever in its industry: growth against margin (7 companies, SIC 2840)Unilever in its industry: growth against margin (7 companies, SIC 2840)revenue growth, year over year →↑ operating marginmedian +4%median 17%PGECLCHDSCLXAGEORIBUL (+0%, 19%)
Soap, Detergents, Cleang Preparations, Perfumes, Cosmetics; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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Unilever against its Soap, Detergents, Cleang Preparations, Perfumes, Cosmetics peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +0.5% against the peers' median +4%. Operating margin: 19.1% against the peers' median 17.3%.

CompanyQuarterRevenueY/YOp. margin
UL UnileverH1 2026$29.8B+0.5%19.1%
PG Procter & GambleQ1 FY27$23.3B+4%25.5%
ECL EcolabQ3 2026$4.7B+13%17.3%
CHD Church & DwightQ3 2026$1.6B+1%18.2%
SCL StepanQ3 2026$692M+17%3.8%
XAGE Longevity Health HoldingsQ2 2026$396K-21%-182.9%
ORIB Orion BlissQ1 FY27$12K+300%-32.0%

Source: Unilever 6-K on SEC EDGAR · CIK 217410 · Soap, Detergents, Cleang Preparations, Perfumes, Cosmetics

13F: who owns UL and who is buying

Largest holders of UL (13F)Largest holders of UL (13F)Wellington Management Group LLP$2.1BFisher Asset Management, LLC$1.5BMorgan Stanley$581MFMR LLC$541MGQG Partners LLC$521MPrice T Rowe Associates$490MState Farm Mutual Automobile Insu…$371MBank of America$321MDimensional Fund Advisors LP$289MEnvestnet Asset Management$254M
Funds' net buying of UL by quarter (13F)Funds' net buying of UL by quarter (13F)$02024-09$3K2024-12−$59K2025-03$02025-06$83K2025-09$62.9M2025-12$1.7B2026-03$990M2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on UL

History

Every quarter: H1 2026 results

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中文版:Unilever(UL)财报

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