Filing Flows › ENI Spa (E) › Q2 2025
ENI Spa (E) Q2 2025 earnings results (second quarter 2025)
6-K filed Jul 30, 2025
ENI Spa (E) reported revenue of $23.0B for the second quarter 2025 (Q2 2025), -0.4% from a year earlier. Operating margin was 10.1%, net earnings $1.2B (5.1% of revenue).
ENI Spa, Q2 2025: revenue $23.0B (-0.4% year over year), operating margin 10.1%, net earnings $1.2B, operating cash flow $2.4B. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $23.0B | — | -0.4% |
| Operating profit | $2.3B | — | +47% |
| Net earnings | $1.2B | — | +369% |
| Operating cash flow | $2.4B | — | -48% |
What changed
Revenue was €23.0B in Q2 2025, roughly flat year over year.
Operating profit was €2.3B, a 10.1% margin (up 3.3 points year over year). Total costs fell 4% while revenue was flat. Net earnings were €1.2B, up 369% year over year. The effective tax rate was 50.8%.
Operating cash flow was €2.4B (down 48% year over year), 200% of net earnings. Non-cash charges added back €1.9B of depreciation and amortization. Working capital and other items used €0.68B.
Questions
What was ENI Spa's revenue in the second quarter 2025?
ENI Spa (E) reported revenue of $23.0B for the second quarter 2025 (Q2 2025), -0.4% from a year earlier.
Was ENI Spa profitable in the second quarter 2025?
Operating profit was $2.3B (10.1% of revenue) and net earnings $1.2B.
Source: ENI Spa 6-K on SEC EDGAR.