v3.26.1
Income and Expenses (Tables)
 12 Months Ended
Dec. 31, 2025
Analysis of income and expense [abstract]  
Disclosure of Other Operating Result
Years ended
December 31,
(in millions €)
2025
2024
2023
Other operating income
184.6
140.6
105.0
Gain on derivative instruments at fair value through profit or loss
65.1
—
67.6
Government and similar grants
63.0
31.5
2.2
Bargain purchase
15.0
—
—
Foreign exchange differences, net
—
84.9
—
Other
41.5
24.2
35.2
Other operating expenses
(1,088.3)
(811.5)
(293.0)
Contractual disputes / settlements
(789.5)
(657.4)
—
Pipeline prioritization costs
(148.3)
—
—
External legal advice services
(73.8)
(113.7)
(29.4)
Loss on derivative instruments at fair value through profit or loss
—
(32.4)
—
Foreign exchange differences, net
(48.9)
—
(252.0)
Impairment losses and reversals of impairment losses on financial
assets (operating result), net
(5.9)
—
(0.8)
Other
(21.9)
(8.0)
(10.8)
Total other operating result
(903.7)
(670.9)
(188.0)
Summary of Finance Income and Costs
Years ended
December 31,
(in millions €)
2025
2024
2023
Total finance income
423.9
664.0
519.6
Interest income from effective interest method
262.6
437.6
330.9
Other gains
161.3
210.9
188.7
Gains from financial assets or financial liabilities that are mandatorily
measured at fair value through profit or loss
158.2
210.9
162.0
Other gains from financial assets subsequently measured at
amortized cost
3.1
—
26.7
Foreign exchange differences, net
—
15.5
—
Total finance expenses
(69.8)
(27.4)
(23.9)
Foreign exchange differences, net
(48.4)
—
(15.9)
Interest expenses from effective interest method and other interest
expenses
(14.2)
(16.9)
(7.5)
Other losses
(7.2)
(10.5)
(0.5)
Impairment losses on financial assets
(0.5)
(4.2)
—
Losses from financial assets or financial liabilities that are mandatorily
measured at fair value through profit or loss
(5.2)
(6.0)
(0.5)
Fee expense from financial assets and financial liabilities that are not
subsequently measured at fair value through profit or loss
(1.5)
(0.3)
—
Total finance result
354.1
636.6
495.7
Summary of Employee Benefits Expense
Years ended
December 31,
(in millions €)
2025
2024
2023
Wages and salaries
915.0
814.0
617.8
Social security costs
110.0
113.7
76.7
Pension costs
4.7
3.5
4.1
Total
1,029.7
931.2
698.6