Filing Flows › BP (BP) › Q2 2025
BP (BP) Q2 2025 earnings results (second quarter 2025)
6-K filed Aug 5, 2025
BP (BP) reported revenue of $46.6B for the second quarter 2025 (Q2 2025), -1% from a year earlier. Operating margin was 8.7%, net earnings $1.6B (3.5% of revenue).
BP, Q2 2025: revenue $46.6B (-1% year over year), operating margin 8.7%, net earnings $1.6B, operating cash flow $6.3B. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $46.6B | — | -1% |
| Operating profit | $4.1B | — | +67% |
| Net earnings | $1.6B | — | 23× |
| Operating cash flow | $6.3B | — | -23% |
What changed
Revenue was $46.6B in Q2 2025, down 1% year over year. Oil products was the largest line at 61% of revenue. Oil products lost $4.0B year over year (down 12%), 592% of the total change.
Operating profit was $4.1B, a 8.7% margin (up 3.6 points year over year). Total costs fell 5% while revenue fell 1%. Net earnings were $1.6B, up 2227% year over year. The effective tax rate was 33.1%.
Operating cash flow was $6.3B (down 23% year over year), 325% of net income including minority interests. Working capital and other items added $4.3B.
Questions
What was BP's revenue in the second quarter 2025?
BP (BP) reported revenue of $46.6B for the second quarter 2025 (Q2 2025), -1% from a year earlier.
Was BP profitable in the second quarter 2025?
Operating profit was $4.1B (8.7% of revenue) and net earnings $1.6B.
Source: BP 6-K on SEC EDGAR.