Saudi Aramco on Tuesday reported full-year 2025 earnings that beat analysts’ estimates, as investors watch whether the world’s largest crude exporter can capitalize on surging oil prices amid the Iran war.
The Saudi state oil giant reported a full‑year adjusted net income of $104.7 billion, which it described as “robust growth” despite a year of oil‑price volatility.
Fourth‑quarter adjusted profit came in at $25.1 billion, slightly above the median consensus estimate of $24.8 billion compiled by the company.
Free cash flow for the year reached $85.4 billion.
The company also declared a base dividend of $21.89 billion for the fourth quarter, up 3.5% from a year earlier, to be paid in the first quarter of 2026. The company remains one of the world’s biggest dividend payers and a crucial source of income for the Saudi state.
