Filing Flows › BP (BP) › Q3 2025
BP (BP) Q3 2025 earnings results (third quarter 2025)
6-K filed Nov 4, 2025
BP (BP) reported revenue of $48.4B for the third quarter 2025 (Q3 2025), +2% from a year earlier and +4% from the quarter before. Operating margin was 9.2%, net earnings $1.2B (2.4% of revenue).
BP, Q3 2025: revenue $48.4B (+2% year over year), operating margin 9.2%, net earnings $1.2B, operating cash flow $7.8B. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $48.4B | +4% | +2% |
| Operating profit | $4.4B | +10% | +81% |
| Net earnings | $1.2B | -29% | +464% |
| Operating cash flow | $7.8B | +24% | +15% |
What changed
Revenue was $48.4B in Q3 2025, up 2% year over year and up 4% from the previous quarter. Oil products was the largest line at 63% of revenue.
Operating profit was $4.4B, a 9.2% margin (up 4.0 points year over year). Of the extra revenue versus a year earlier, 171% reached operating profit, above the 5% margin then. Total costs fell 2% while revenue rose 2%. Net earnings were $1.2B, up 464% year over year. The effective tax rate was 53.4%.
Operating cash flow was $7.8B (up 15% year over year), 516% of net income including minority interests. Working capital and other items added $6.3B.
Questions
What was BP's revenue in the third quarter 2025?
BP (BP) reported revenue of $48.4B for the third quarter 2025 (Q3 2025), +2% from a year earlier and +4% from the quarter before.
Was BP profitable in the third quarter 2025?
Operating profit was $4.4B (9.2% of revenue) and net earnings $1.2B.
Source: BP 6-K on SEC EDGAR.