Filing Flows › NatWest Group (NWG) › Q3 2025 › vs Q3 2024
NatWest Group (NWG) Q3 2025 vs Q3 2024 (year over year)
NatWest Group's revenue rose $588M (+16%) from $3.7B in Q3 2024 to $4.3B in Q3 2025. Operating margin 50.4% against 44.7% (+5.7 pts).
NatWest Group, Q3 2025: revenue $4.3B (+16% year over year), operating margin 50.4%, net earnings $1.7B. The chart draws each line against Q3 2024, the increases inside each band.
Margins
| Q3 2025 | Q3 2024 | Change | |
|---|---|---|---|
| Operating margin | 50.4% | 44.7% | +5.7 pts |
| Net margin | 38.8% | 33.5% | +5.3 pts |
Every line
| Line | Q3 2025 | Q3 2024 | Change | % |
|---|---|---|---|---|
| Revenue | $4.3B | $3.7B | $588M | +16% |
| Operating profit | $2.2B | $1.7B | $508M | +30% |
| Costs & expenses | $2.1B | $2.1B | $80.0M | +4% |
| Pre-tax earnings | $2.2B | $1.7B | $508M | +30% |
| Loss borne by minority interests | $1.0M | $11.0M | −$10.0M | -91% |
| Net earnings | $1.7B | $1.3B | $427M | +34% |
| Income tax | $502M | $431M | $71.0M | +16% |
Questions
How much did NatWest Group's revenue grow year over year in Q3 2025?
NatWest Group's revenue rose $588M (+16%) from $3.7B in Q3 2024 to $4.3B in Q3 2025. Operating margin 50.4% against 44.7% (+5.7 pts).