Aramco reports Q3 2025 adjusted net income at $28 billion
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Aramco reports Q3 2025 adjusted net income at $28 billion

Strong earnings underpinned by operating momentum as major projects progress

  • By ICN Bureau | November 04, 2025

Aramco has posted adjusted net income of $28 billion in Q3 2025 as compared to $27.7 billion in Q3 2024. Cash flow from operating activities stood at $36.1 billion (Q3 2024: $35.2 billion) and free cash flow at $23.6 billion (Q3 2024: $22.0 billion). Aramco’s Board declares Q3 2025 base dividend of $21.1 billion and performance-linked dividend of $0.2 billion, to be paid in the fourth quarter

Commenting on the results, Aramco President & CEO Amin H. Nasser said: “Aramco’s ability to adapt to new market realities has once again been demonstrated by our strong third quarter performance. We increased production with minimal incremental cost, and reliably supplied the oil, gas and associated products our customers depend on, driving strong financial performance and quarterly earnings growth. 

“We also continue to enhance our upstream capabilities, with major oil and gas projects either recently completed or due to come onstream soon. Today we announce higher sales gas forecasts, and we now target sales gas production capacity growth of approximately 80% between 2021 and 2030, capitalizing on advanced capabilities. Part of that is from our unconventional gas expansion at Jafurah, which attracted significant interest from global investors.

“Our strategy remains focused on value-accretive growth while meeting rising demand for energy, achieving even closer integration across our business, and leveraging advances in technology to unlock new commercial opportunities. Our deployment of advanced AI solutions and investment in digital infrastructure underpins this approach, and our plan to acquire a significant minority stake in HUMAIN is expected to further drive innovation and progress our role in the crucial and rapidly evolving AI sector.”

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