ET Q3 2025 Earnings — Income Statement Breakdown
For its Q3 2025 period (ending 2025-09-30), ET reported revenue of $20.0B, gross profit of $5.4B (27.0% gross margin), operating income of $2.2B, and net income of $1.3B (6.5% net margin). The flow of revenue into costs and profit is visualized below.
What changed
ET was profitable; no comparable cached period is available.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | Not available | Not available | Not available |
Consensus estimate data is not available for this report.
ET Q3 2025 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $20.0B | 100% |
| Cost of Revenue | −$14.6B | 73.0% |
| Gross Profit | $5.4B | 27.0% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | — | 0.0% |
| Other Operating Expenses | −$3.2B | 16.2% |
| Operating Income | $2.2B | 10.8% |
| Other Income, net | −$772M | 3.9% |
| Income Tax Expense | −$87M | 0.4% |
| Net Income | $1.3B | 6.5% |
Source: original SEC filing (filed 2025-11-05). Accession 0001276187-25-000116. Data normalized by EarningsFyi.