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Rio Tinto (RIO) H2 2025 earnings results (H2 2025)

20-F filed Feb 19, 2026

Rio Tinto (RIO) reported revenue of $30.8B for the H2 2025 (H2 2025) and +14% from the quarter before. Operating margin was 25.9%, net earnings $5.4B (17.7% of revenue).

Revenue$30.8B
Year over year—
Quarter over quarter+14%
Operating margin25.9%
Net earnings$5.4B

Rio Tinto, H2 2025: revenue $30.8B, operating margin 25.9%, net earnings $5.4B, operating cash flow $9.9B. The chart follows the revenue to costs, profit and cash.

H2 2025AmountQ/QY/Y
Revenue$30.8B+14%—
Operating profit$8.0B+14%—
Net earnings$5.4B+20%—
Operating cash flow$9.9B+43%—

What changed

Revenue was $30.8B in H2 2025, up 14% from the previous half.

Operating profit was $8.0B, a 25.9% margin. Net earnings were $5.4B. The effective tax rate was 27.0%.

Operating cash flow was $9.9B, 173% of net income including minority interests. Working capital and other items added $4.2B.

Questions

What was Rio Tinto's revenue in the H2 2025?

Rio Tinto (RIO) reported revenue of $30.8B for the H2 2025 (H2 2025) and +14% from the quarter before.

Was Rio Tinto profitable in the H2 2025?

Operating profit was $8.0B (25.9% of revenue) and net earnings $5.4B.

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Source: Rio Tinto 20-F on SEC EDGAR.