Filing Flows › EOG Resources (EOG) › Q3 2025
EOG Resources (EOG) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
EOG Resources (EOG) reported revenue of $5.8B for the third quarter 2025 (Q3 2025), -2% from a year earlier and +7% from the quarter before. Operating margin was 31.4%, net earnings $1.5B (25.2% of revenue).
EOG Resources, Q3 2025: revenue $5.8B (-2% year over year), operating margin 31.4%, net earnings $1.5B, operating cash flow $3.1B. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.8B | +7% | -2% |
| Operating profit | $1.8B | +5% | -12% |
| Net earnings | $1.5B | +9% | -12% |
| Operating cash flow | $3.1B | +53% | -13% |
| Free cash flow | $1.6B | +386% | -30% |
What changed
Revenue was $5.8B in Q3 2025, down 2% year over year and up 7% from the previous quarter. United States was the largest line at 98% of revenue. United States lost $0.13B year over year (down 2%), 108% of the total change.
Operating profit was $1.8B, a 31.4% margin (down 3.6 points year over year). Total costs grew 3% against a revenue fall of 2%. The fastest-growing cost line was General & admin (+43%). Net earnings were $1.5B, down 12% year over year. The effective tax rate was 19.4%.
Operating cash flow was $3.1B (down 13% year over year), 211% of net earnings. Non-cash charges added back $1.2B of depreciation and amortization and $0.05B of share-based compensation. Working capital and other items added $0.42B. Capital expenditures of $1.5B left free cash flow of $1.6B.
Questions
What was EOG Resources' revenue in the third quarter 2025?
EOG Resources (EOG) reported revenue of $5.8B for the third quarter 2025 (Q3 2025), -2% from a year earlier and +7% from the quarter before.
Was EOG Resources profitable in the third quarter 2025?
Operating profit was $1.8B (31.4% of revenue) and net earnings $1.5B.
Source: EOG Resources 10-Q on SEC EDGAR.