National Grid plc (LSE:NG) Annual Report 2025



The latest annual report of National Grid plc (NG) was published on 31 Mar 2025. An annual report is a document that public corporations must provide annually to shareholders that describes their operations and financial conditions. Typically, an annual report will contain sections such as General corporate information, Operating and Financial highlights, Letter to shareholders from the CEO, Financial statements etc.

Key Statistics - NG Annual Results

Amounts in GBP

Total Revenue
£18.38B
Gross Profit
£17.48B
EBIT
£4.22B
Net Tangible Assets
£37.53B
Net Income
£2.90B
Capital Expenditures
-

NG Income Statement 2025 Annual Report

As per the latest Income Statement of NG, the Net revenue decreased by £-1.47B (-7%) compared to the previous period. The operating income in 2025 increased by - (-). The net income as per the annual report was £2.90B which increased by £612.00M (27%) compared to previous year.

Income Statement Report (2025/2024)

2025 2024
Total Revenue £18.38B £19.85B
Gross Profit £17.48B £17.48B
Operating Income - -
Income Before Tax - -
Net Income £2.90B £2.29B

Balance Sheet - NG 2025 Annual Report

Read further: NG Balance Sheet Detailed Analysis

The latest balance sheet from annual result of National Grid plc showed the company increased the cash on balance sheet by £0.00 (0%). The Net tangible assets of NG on the balance sheet were at £37.53B which is £0.00 (0%) more than previous annual report. The total stockholder equity also increased by - (-) compared to previous reporting period.

Balance Sheet Statement Report (2025/2024)

2025 2024
Cash £4.06B £4.06B
Total Assets - -
Long Term Debt - -
Total Liabilities £45.91B £45.91B
Total Shareholder Equity - -
Net Tangible Assets £37.53B £37.53B

Cash Flow Statement - NG 2025 Annual Report

The 2025 annual cash flow statement of National Grid plc showed that the net income increased by £612.00M (27%) compared to previous reporting period. Also the capital expenditure of NG increased by - (-).

As of 2025, the total cash from investing activities was - and total cash from financing activities was -.

Cash Flow Statement Report (2025/2024)

2025 2024
Net Income £2.90B £2.29B
Capital Expenditures - -
Dividends Paid - -
Total Cash From From Investing Activities - -
Total Cash From From Financing Activities - -

National Grid plc Annual Report History

Income Statement

Income Statement history of National Grid plc (LSE:NG)

31 Mar 2025 31 Mar 2024 31 Mar 2023 31 Mar 2022
Total Revenue £18.38B £19.85B £21.66B £18.45B
Cost Of Revenue £0.00 £0.00 £0.00 £0.00
Gross Profit £0.00 £0.00 £0.00 £0.00
Research Development - - - -
Selling General Administrative - - - -
Non Recurring - - - -
Other Operating Expenses - - - -
Total Operating Expenses £0.00 £0.00 £0.00 £0.00
Operating Income - - - -
Total Other Income Expense Net - - - -
Ebit £0.00 £0.00 £0.00 £0.00
Interest Expense - - - -
Income Before Tax - - - -
Income Tax Expense £0.00 £0.00 £0.00 £0.00
Minority Interest - - - -
Net Income From Continuing Ops - - - -
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income £2.90B £2.29B £7.80B £2.35B
Net Income Applicable To Common Shares - - - -

Balance Sheet Statement

Balance Sheet Statement history of National Grid plc (LSE:NG)

31 Mar 2025 31 Mar 2024 31 Mar 2023 31 Mar 2022
Cash £4.06B £4.06B - -
Total Assets - - - -
Total Liab £45.91B £45.91B - -
Long Term Debt - - - -
Total Stockholder Equity - - - -
Net Tangible Assets £37.53B £37.53B - -

Cash Flow Statement

Cash Flow Statement history of National Grid plc (LSE:NG)

31 Mar 2025 31 Mar 2024 31 Mar 2023 31 Mar 2022
Net Income £2.90B £2.29B - -
Capital Expenditures - - - -
Dividends Paid - - - -
Total Cashflows From Investing Activities - - - -
Total Cash From Financing Activities - - - -