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National Grid is a responsible taxpayer. Our approach to tax is consistent with the Group’s broader commitments to doing business responsibly and upholding the highest ethical standards. This includes managing our tax affairs, as we recognise not only that our tax contribution supports public services but also that responsible tax practices are part of our social licence and are a key enabler of stakeholder trust, especially for customers, regulators and tax authorities.
In the company’s own words · 20-F filed Jun 3, 2026 · SEC EDGAR
National Grid plc (NGG) reported revenue of £7.07B in H1 2026 (quarter ended September 30, 2025), down 17% from the same quarter a year earlier. That came with net income of £617M (8.7% of revenue). For the full year FY2025, revenue was £18.4B (−7.4% year on year) and net income £2.90B.
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Utilities - Regulated Electric
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