Eni S.p.A. (E) Income Statement
E 2025 at a glance
Fiscal year ended December 31, 2025 · eurosE revenue and net income
Where E's revenue goes
2025Each bar shows an amount and its share of revenue. E kept 3.2% of revenue as net income.
E profit margins
E growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −7.5% | −14.7% | +13.3% | +4.0% |
| Gross profit | −32.9% | −34.0% | +19.6% | +4.8% |
| Operating income | −55.6% | −39.9% | +25.4% | +19.2% |
| Net income | −0.6% | −42.7% | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
E income statement in euros
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €82.15B | €88.80B | €93.72B | €132.51B | €76.58B | €43.99B | €69.88B | €75.82B | €66.92B | €4.4M |
| Cost of revenue | €74.41B | €77.25B | €80.25B | €105.59B | €61.72B | €40.82B | €59.23B | €61.88B | €58.41B | €3.4M |
| Gross profit | €7.75B | €11.54B | €13.47B | €26.92B | €14.85B | €3.17B | €10.65B | €13.94B | €8.51B | €992,724 |
| Research & development | €207.0M | €178.0M | €166.0M | €164.0M | €177.0M | €157.0M | €194.0M | €197.0M | €185.0M | — |
| Sales, general & admin | €3.23B | €3.26B | €3.14B | €3.02B | €2.89B | €2.86B | €3.00B | €3.09B | €2.95B | €3.9M |
| Total operating expenses | €3.24B | €1.38B | €3.72B | €6.18B | €3.11B | €1.71B | €2.42B | €3.82B | €4.74B | €9.1M |
| Operating income | €4.51B | €10.16B | €9.75B | €20.74B | €11.74B | €1.46B | €8.23B | €10.12B | €3.76B | −€4.7M |
| Interest income | €7.20B | €7.71B | €7.45B | €8.45B | €1.14B | €3.65B | €440.0M | €454.0M | €990.0M | — |
| Interest expense | €8.17B | €1.28B | €1.05B | €912.0M | €873.0M | €896.0M | €1.13B | €946.0M | €1.06B | €0 |
| Income before taxes | €5.78B | €6.49B | €10.23B | €22.05B | €10.69B | −€5.98B | €5.75B | €10.11B | €6.84B | −€5.6M |
| Income taxes | €3.02B | €3.73B | €5.37B | €8.09B | €4.84B | €2.65B | €5.59B | €5.97B | €3.47B | −€416,511 |
| Net income | €2.61B | €2.62B | €4.77B | €13.89B | €5.82B | −€8.63B | €148.0M | €4.13B | €3.37B | −€5.2M |
| EBITDA | €21.30B | €15.63B | €19.09B | €30.36B | €18.77B | €8.40B | €16.80B | €17.35B | €11.51B | — |
| Gross margin | 9.4% | 13.0% | 14.4% | 20.3% | 19.4% | 7.2% | 15.2% | 18.4% | 12.7% | 22.6% |
| Operating margin | 5.5% | 11.4% | 10.4% | 15.6% | 15.3% | 3.3% | 11.8% | 13.3% | 5.6% | −107.8% |
| Net margin | 3.2% | 3.0% | 5.1% | 10.5% | 7.6% | −19.6% | 0.2% | 5.4% | 5.0% | −119.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Dec '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | Mar '23 | Dec '22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €22.67B | €19.74B | €20.61B | €20.20B | €23.49B | €21.71B | €22.94B | €24.62B | €22.32B | €19.59B | €27.18B | €31.52B |
| Cost of revenue | €17.81B | €17.74B | €20.28B | €19.10B | €22.48B | €19.84B | €20.16B | €22.75B | €19.38B | €17.75B | €24.62B | €30.35B |
| Gross profit | €4.86B | €2.00B | €333.0M | €1.11B | €1.01B | €1.88B | €2.78B | €1.87B | €2.94B | €1.84B | €2.56B | €1.18B |
| Research & development | €89.0M | — | — | — | — | €79.0M | €166.0M | €166.0M | — | €73.0M | €164.0M | €164.0M |
| Sales, general & admin | €759.0M | €823.0M | €791.0M | €744.0M | €783.0M | €822.0M | €839.0M | €933.0M | €663.0M | €746.0M | €794.0M | €817.0M |
| Total operating expenses | €3.69B | €1.37B | −€518.0M | −€345.0M | −€304.0M | −€1.21B | €7.0M | −€266.0M | −€281.0M | −€269.0M | −€41.0M | €1.60B |
| Operating income | €1.18B | €629.0M | €851.0M | €1.45B | €1.31B | €3.09B | €2.77B | €2.13B | €3.22B | €2.11B | €2.60B | −€423.0M |
| Interest income | €1.74B | €1.48B | €996.0M | €839.0M | €3.23B | €1.39B | €1.44B | €2.35B | €305.0M | €913.0M | €2.01B | €2.38B |
| Interest expense | €2.07B | €1.64B | €1.21B | €311.0M | €256.0M | €219.0M | €386.0M | €88.0M | €252.0M | €182.0M | €174.0M | €227.0M |
| Income before taxes | €3.98B | €830.0M | €298.0M | €1.65B | €61.0M | €2.07B | €2.73B | €1.13B | €3.44B | €2.06B | €3.58B | €443.0M |
| Income taxes | €1.31B | €805.0M | €161.0M | €780.0M | −€244.0M | €1.38B | €1.49B | €950.0M | €1.50B | €1.74B | €1.17B | −€227.0M |
| Net income | €3.38B | €1.07B | €90.0M | €803.0M | €247.0M | €661.0M | €1.21B | €149.0M | €1.92B | €294.0M | €2.39B | €627.0M |
| EBITDA | −€182.0M | €4.09B | €3.32B | €3.80B | €2.33B | €4.22B | €5.07B | €3.20B | €5.46B | €4.11B | €5.61B | €5.14B |
| Gross margin | 21.4% | 10.1% | 1.6% | 5.5% | 4.3% | 8.6% | 12.1% | 7.6% | 13.2% | 9.4% | 9.4% | 3.7% |
| Operating margin | 5.2% | 3.2% | 4.1% | 7.2% | 5.6% | 14.2% | 12.1% | 8.7% | 14.4% | 10.8% | 9.6% | −1.3% |
| Net margin | 14.9% | 5.4% | 0.4% | 4.0% | 1.1% | 3.0% | 5.3% | 0.6% | 8.6% | 1.5% | 8.8% | 2.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in euros as reported in E's financial statements (latest annual report filed March 23, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
E financial results
In fiscal year 2025 (ended December 31, 2025), Eni S.p.A. reported revenue of €82.2 billion, down 7.5% from the year before. It had net income of €2.6 billion (down 0.6%), a net profit margin of 3.2%. Over five years revenue grew at an average rate of 13.3% a year. Figures are in euros, the currency of its financial statements.
See the E stock overview for the latest quote and news, or the E chart for price history and technical indicators.
E income statement FAQ
What is Eni S.p.A.'s annual revenue?
Eni S.p.A. reported total revenue of €82.2 billion for fiscal year 2025, which ended on December 31, 2025. That was down 7.5% from €88.8 billion the previous year.
Is Eni S.p.A. profitable?
Yes. Eni S.p.A. reported net income of €2.6 billion in fiscal 2025, a net profit margin of 3.2%; its operating margin was 5.5%.
What is Eni S.p.A.'s gross margin?
Eni S.p.A.'s gross margin was 9.4% in fiscal 2025: for every $100 of revenue, Eni S.p.A. kept $9 after the direct cost of its products and services.
How much does Eni S.p.A. spend on research and development?
Eni S.p.A. spent €207.0 million on research and development in fiscal 2025, 0.3% of revenue.
How fast is Eni S.p.A. growing?
Revenue grew 13.3% a year on average over the last five fiscal years, from €44.0 billion to €82.2 billion.
When will Eni S.p.A. report its next earnings?
Eni S.p.A. is expected to report results for the quarter ending September 30, 2026 on October 23, 2026 before the market opens.
When does Eni S.p.A.'s fiscal year end?
Eni S.p.A.'s fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 23, 2026.