Filing Flows › Celanese (CE) › Q3 2025
Celanese (CE) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 7, 2025
Celanese (CE) reported revenue of $2.4B for the third quarter 2025 (Q3 2025), -9% from a year earlier and -4% from the quarter before. Operating margin was -52.7%, net loss $1.4B (55.9% of revenue).
Celanese, Q3 2025: revenue $2.4B (-9% year over year), operating margin -52.7%, net loss $1.4B, operating cash flow $447M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.4B | -4% | -9% |
| Operating profit | −$1.3B | -652% | — |
| Net earnings | −$1.4B | -787% | — |
| Operating cash flow | $447M | +9% | +466% |
| Free cash flow | $383M | +21% | — |
What changed
Revenue was $2.4B in Q3 2025, down 9% year over year and down 4% from the previous quarter. Engineered Materials was the largest line at 57% of revenue. Acetyl Chain lost $0.13B year over year (down 11%), 58% of the total change.
Gross margin was 21.5%, down 1.8 points from a year earlier. Operating costs exceeded revenue by $1.3B, an operating margin of -52.7%. Operating expenses grew 380% against a revenue fall of 9%. The fastest-growing cost line was Other operating costs (+1532%). The quarter ended with a net loss of $1.4B, after a profit of $0.20B the previous quarter.
Operating cash flow was $0.45B (up 466% year over year). Non-cash charges added back $0.20B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $1.6B. Capital expenditures of $0.06B left free cash flow of $0.38B.
Questions
What was Celanese's revenue in the third quarter 2025?
Celanese (CE) reported revenue of $2.4B for the third quarter 2025 (Q3 2025), -9% from a year earlier and -4% from the quarter before.
Was Celanese profitable in the third quarter 2025?
Operating loss was $1.3B (-52.7% of revenue) and net loss $1.4B.
Source: Celanese 10-Q on SEC EDGAR.