Filing Flows › Lloyds Banking Group (LYG) › Q3 2025
Lloyds Banking Group (LYG) Q3 2025 earnings results (third quarter 2025)
6-K filed Oct 23, 2025
Lloyds Banking Group (LYG) reported revenue of $4.9B for the third quarter 2025 (Q3 2025), +6% from a year earlier. Operating margin was 24.1%, net earnings $618M (12.7% of revenue).
Lloyds Banking Group, Q3 2025: revenue $4.9B (+6% year over year), operating margin 24.1%, net earnings $618M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.9B | — | +6% |
| Operating profit | $1.2B | — | -36% |
| Net earnings | $618M | — | -49% |
What changed
Revenue was £4.9B in Q3 2025, up 6% year over year.
Operating profit was £1.2B, a 24.1% margin (down 15.5 points year over year). Operating profit fell £0.65B even though revenue rose £0.27B versus a year earlier, so costs grew faster than sales. Total costs grew 33% against revenue growth of 6%. Net earnings were £0.62B, down 49% year over year. The effective tax rate was 33.7%.
Questions
What was Lloyds Banking Group's revenue in the third quarter 2025?
Lloyds Banking Group (LYG) reported revenue of $4.9B for the third quarter 2025 (Q3 2025), +6% from a year earlier.
Was Lloyds Banking Group profitable in the third quarter 2025?
Operating profit was $1.2B (24.1% of revenue) and net earnings $618M.