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Pershing Square (PS) FY2024 results: revenue $455 million, up 50023.4% on the year

Pershing Square Inc. (PS) reported revenue of $455 million for fiscal 2024, the year ended 31 December 2024, up 50023.4% on the year before. Net income was $2 million, and diluted earnings per share $3.96. The figures are the company's own, from the 424B4 it filed with the SEC on 30 April 2026.

Revenue
$455 million
+50,023.4% on the year
FY2023FY2024
Operating margin
-4.3%
23.8% a year earlier
FY2023FY2024
Net income
$2 million
FY2023FY2024
Diluted EPS
$3.96
FY2023FY2024

this yearthe year beforeHover a bar for its figure.

The year in brief

Income statement (profit and loss)

$ millionFY2024FY2023On the yearLast 8 years
Revenue4550.9+50,023.4%
Operating income-19.70.2
Operating margin-4.3%23.8%
Net income2.4-0.6
Net margin0.5%-60.7%
Diluted EPS$3.96-$11.12
$ million except per share.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ millionFY2024FY2023On the yearLast 8 years
Depreciation and amortisation2.8n/a

Balance sheet

$ millionFY2024FY2023On the yearLast 8 years
Shareholders' equity2.8n/a
Other liabilities1,316n/a
Cash and equivalents965n/a
Other assets354n/a
Total assets1,319n/a

424B4 for the year ended 31 December 2024, filed 30 April 2026: the filing.