Filing Flows › ENI Spa (E) › Q1 2025
ENI Spa (E) Q1 2025 earnings results (first quarter 2025)
6-K filed Mar 4, 2025
ENI Spa (E) reported revenue of $21.0B for the first quarter 2025 (Q1 2025), -12% from a year earlier. Operating margin was 6.5%, net earnings $522M (2.5% of revenue).
ENI Spa, Q1 2025: revenue $21.0B (-12% year over year), operating margin 6.5%, net earnings $522M, operating cash flow $3.0B. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $21.0B | — | -12% |
| Operating profit | $1.4B | — | — |
| Net earnings | $522M | — | +69% |
| Operating cash flow | $3.0B | — | -17% |
What changed
Revenue was €21.0B in Q1 2025, down 12% year over year.
Operating profit was €1.4B, a 6.5% margin (up 8.0 points year over year). Total costs fell 19% while revenue fell 12%. Net earnings were €0.52B, up 69% year over year. The effective tax rate was 67.0%.
Operating cash flow was €3.0B (down 17% year over year), 551% of net income including minority interests. Non-cash charges added back €1.8B of depreciation and amortization. Working capital and other items added €0.61B.
Questions
What was ENI Spa's revenue in the first quarter 2025?
ENI Spa (E) reported revenue of $21.0B for the first quarter 2025 (Q1 2025), -12% from a year earlier.
Was ENI Spa profitable in the first quarter 2025?
Operating profit was $1.4B (6.5% of revenue) and net earnings $522M.
Source: ENI Spa 6-K on SEC EDGAR.