The financials
Fresenius Medical Care AG by the numbers
Fresenius Medical Care AG (FMS) reported revenue of €5.07B in Q4 2025 (quarter ended December 31, 2025), down 0.3% from the same quarter a year earlier. That came with a gross margin of 27% and net income of €327M (6.5% of revenue). For the full year FY2025, revenue was €19.6B (+1.5% year on year) and net income €978M.
| Income statement | Q4 2025 | Q4 2024 | Change |
|---|---|---|---|
| Revenue | €5.07B | €5.08B | −0.3% |
| Gross profit | €1.39B | €1.27B | +9.3% |
| Operating income | €594M | €259M | +129% |
| Net income | €327M | €67M | +389% |
| Diluted EPS | €1.14 | €0.22 | +418% |
Medical Care Facilities
Ranks #26 of 28 by Smart Score