RIYADH: Saudi Aramco reported third-quarter 2025 adjusted net income of $28 billion, up slightly from $27.7 billion a year earlier, as strong operating momentum and progress on key projects underpinned performance.
Cash flow from operating activities rose to $36.1 billion from $35.2 billion in the same period last year, while free cash flow increased to $23.6 billion from $22 billion. The company’s gearing ratio stood at 6.3 percent as of Sept. 30, compared with 6.5 percent at the end of the previous quarter.
The board declared a third-quarter base dividend of $21.1 billion and a performance-linked dividend of $200 million, both to be paid in the fourth quarter, the company said in a statement.
Commenting on the results, Aramco President and 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."
He added: "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.”
