Primo Brands Corp
For the period ended Dec 31, 2025. Filed Feb 27, 2026.
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FY2025 · Filed Feb 27, 2026
PRMB$24.13+7.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
| For the Year Ended December 31, | |||
|---|---|---|---|
| ($ in millions, except share and per share values) | 2025 | 2024 | 2023 |
| Net sales | $6,664.0 | $5,152.5 | $4,698.7 |
| Cost of sales | 4,643.8 | 3,530.9 | 3,346.7 |
| Gross profit | 2,020.2 | 1,621.6 | 1,352.0 |
| Selling, general and administrative expenses | 1,390.4 | 1,050.6 | 924.2 |
| Acquisition, integration and restructuring expenses | 167.5 | 204.1 | 16.9 |
| Intangible asset impairment | 35.6 | — | — |
| Other operating (income) expense, net | (3.7) | 6.6 | 4.9 |
| Operating income | 430.4 | 360.3 | 406.0 |
| Other income, net | (59.7) | — | — |
| Loss on modification and extinguishment of debt | 18.6 | — | — |
| Interest and financing expense, net | 326.5 | 339.6 | 288.1 |
| Income from continuing operations before income taxes | 145.0 | 20.7 | 117.9 |
| Provision for income taxes | 64.6 | 33.3 | 25.1 |
| Net income (loss) from continuing operations | 80.4 | (12.6) | 92.8 |
| Net loss from discontinued operations, net of tax | (20.3) | (3.8) | — |
| Net income (loss) | $60.1 | $(16.4) | $92.8 |
| Dividend on preferred stock | — | — | 25.8 |
| Excess of redemption price over carrying value of preferred stock | — | — | 3.1 |
| Net income (loss) attributable to common stockholders | $60.1 | $(16.4) | $63.9 |
| Net income (loss) per common share | |||
| Basic: | |||
| Continuing operations | $0.21 | $(0.05) | $0.29 |
| Discontinued operations | $(0.05) | $(0.02) | $— |
| Net income (loss) per common share | $0.16 | $(0.07) | $0.29 |
| Diluted: | |||
| Continuing operations | $0.21 | $(0.05) | $0.29 |
| Discontinued operations | $(0.05) | $(0.02) | $— |
| Net income (loss) per common share | $0.16 | $(0.07) | $0.29 |
| Weighted-average common stock outstanding (in thousands) | |||
| Basic | 373,512 | 242,315 | 218,338 |
| Diluted | 374,869 | 242,315 | 218,338 |
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