Taylor Wimpey financial results for the year ended 31st December 2025 show pre-tax profit down by more than 50%, largely due to continuing cladding replacement costs.
Profit before tax in 2025 was 拢146.5m, compared to 拢320.3m in 2024, on revenue up 13% at 拢3,845m (2024: 拢3,401m).
Exceptional costs in the year, before tax and interest, totalled 拢243.8m. Of these, 拢18m was the agreed payment to the Competition & Markets Authority to bring cartel investigations to an end and 拢225.8m was a cladding fire safety provision.
Chief executive Jennie Daly said that Taylor Wimpey began 2026 with a slightly lower order book following a period of uncertainty for house buyers ahead of the autumn budget. As at 1st March 2026, the total order book (excluding joint ventures) was 拢2,182m (March 2025: 拢2,283m), comprising 7,678 homes (2025: 8,097 homes).聽 聽However, the spring selling season is progressing well, with encouraging levels of customer interest, Daly said.
鈥淭aylor Wimpey is a strong and agile business with highly experienced teams, and we are well positioned to generate value from our high-quality, well located landbank. Against a backdrop of continuing market uncertainty and more recent geopolitical events, we remain focussed on delivering our strategy,鈥� she said.