Nutrien Ltd. (NTR) Income Statement
NTR 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsNTR revenue and net income
Where NTR's revenue goes
2025Each bar shows an amount and its share of revenue. NTR kept 8.4% of revenue as net income.
NTR profit margins
NTR growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +3.5% | −10.8% | +5.2% | +15.7% |
| Gross profit | +10.8% | −18.5% | +9.8% | +13.9% |
| Operating income | +31.1% | −29.0% | +33.8% | +8.2% |
| Net income | +236.4% | −33.4% | +37.6% | +6.0% |
| EPS (diluted) | +27.1% | −30.2% | +19.8% | +1.6% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
NTR quarterly EPS vs estimates
Nutrien beat the analyst EPS estimate in 3 of the last 8 quarters. Next report: November 4, 2026 (estimate $0.77).
NTR income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $26.89B | $25.97B | $29.06B | $37.88B | $27.71B | $20.91B | $20.08B | $19.64B | $4.55B | $4.46B |
| Cost of revenue | $18.54B | $18.44B | $20.58B | $22.46B | $18.30B | $15.67B | $14.58B | $14.24B | $3.85B | $3.63B |
| Gross profit | $8.35B | $7.53B | $8.47B | $15.42B | $9.41B | $5.24B | $5.50B | $5.39B | $694.0M | $830.0M |
| Research & development | — | $124.0M | $114.0M | $122.0M | $69.0M | $39.0M | $15.0M | $7.0M | — | — |
| Sales, general & admin | $4.10B | $4.17B | $4.06B | $4.09B | $3.82B | $3.31B | $3.01B | $2.88B | $214.0M | $212.0M |
| Total operating expenses | $4.48B | $4.58B | $4.61B | $4.62B | $4.63B | $4.34B | $3.64B | $4.98B | $485.0M | $371.0M |
| Operating income | $3.87B | $2.95B | $3.86B | $10.81B | $4.78B | $902.0M | $1.86B | $414.0M | $209.0M | $459.0M |
| Interest income | $51.0M | $28.0M | $35.0M | $25.0M | $613.0M | $520.0M | $485.0M | $472.0M | $515.0M | $3.0M |
| Interest expense | $729.0M | $660.7M | $804.5M | $529.2M | $474.8M | $521.0M | $559.0M | $555.0M | $240.0M | $219.0M |
| Income before taxes | $3.05B | $1.14B | $1.95B | $10.25B | $4.17B | $382.0M | $1.31B | −$124.0M | −$29.0M | $243.0M |
| Income taxes | $752.0M | $436.0M | $670.0M | $2.56B | $989.0M | −$77.0M | $316.0M | −$93.0M | −$183.0M | $44.0M |
| Net income | $2.27B | $674.0M | $1.26B | $7.66B | $3.15B | $459.0M | $992.0M | $3.57B | $327.0M | $336.0M |
| EBITDA | $6.15B | $4.21B | $4.88B | $12.78B | $6.58B | $2.89B | $3.67B | $2.02B | $903.0M | $1.16B |
| EPS (diluted) | $4.45 | $3.50 | $4.36 | $13.08 | $6.22 | $1.80 | $2.11 | $2.65 | $0.29 | $1.00 |
| Gross margin | 31.0% | 29.0% | 29.2% | 40.7% | 34.0% | 25.1% | 27.4% | 27.5% | 15.3% | 18.6% |
| Operating margin | 14.4% | 11.4% | 13.3% | 28.5% | 17.3% | 4.3% | 9.3% | 2.1% | 4.6% | 10.3% |
| Net margin | 8.4% | 2.6% | 4.3% | 20.2% | 11.4% | 2.2% | 4.9% | 18.2% | 7.2% | 7.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $10.81B | $6.05B | $5.34B | $6.01B | $10.44B | $5.10B | $5.08B | $5.35B | $10.16B | $5.39B | $5.66B | $5.63B |
| Cost of revenue | $7.56B | $4.40B | $3.45B | $4.04B | $7.26B | $3.78B | $3.50B | $3.85B | $7.24B | $3.85B | $3.90B | $4.00B |
| Gross profit | $3.25B | $1.65B | $1.89B | $1.96B | $3.17B | $1.32B | $1.58B | $1.50B | $2.91B | $1.54B | $1.77B | $1.63B |
| Research & development | — | — | — | — | — | — | $124.0M | — | — | — | $114.0M | $114.0M |
| Sales, general & admin | $1.14B | $1.08B | $1.02B | $973.0M | $1.15B | $956.0M | $253.0M | $977.0M | $1.18B | $962.0M | $1.07B | $992.0M |
| Total operating expenses | $1.26B | $1.14B | $1.12B | $1.09B | $1.39B | $1.09B | $1.11B | $1.24B | $2.07B | $1.12B | $1.30B | $1.63B |
| Operating income | $1.99B | $507.0M | $771.0M | $877.0M | $1.78B | $226.0M | $471.0M | $265.0M | $844.0M | $419.0M | $467.0M | $498.0M |
| Interest expense | $173.0M | $176.0M | $225.0M | $170.0M | $155.0M | $179.0M | $189.5M | $184.0M | $162.0M | $179.0M | $218.9M | $206.0M |
| Income before taxes | $1.60B | $184.0M | $738.0M | $637.0M | $1.63B | $47.0M | $202.0M | $12.0M | $682.0M | $240.0M | $80.0M | $179.0M |
| Income taxes | $382.0M | $45.0M | $158.0M | $168.0M | $398.0M | $28.0M | $84.0M | −$13.0M | $290.0M | $75.0M | −$96.0M | $97.0M |
| Net income | $1.21B | $131.0M | $571.0M | $464.0M | $1.22B | $11.0M | $113.0M | $18.0M | $385.0M | $158.0M | $172.0M | $75.0M |
| EBITDA | $2.38B | $966.0M | $1.53B | $1.42B | $2.40B | $797.0M | $1.00B | $794.0M | $1.43B | $984.0M | $829.0M | $937.0M |
| EPS (diluted) | $2.67 | $0.51 | $0.76 | $0.93 | $2.65 | $0.11 | $0.31 | $0.39 | $2.34 | $0.46 | $0.37 | $0.35 |
| Gross margin | 30.1% | 27.2% | 35.4% | 32.7% | 30.4% | 25.9% | 31.1% | 28.0% | 28.7% | 28.5% | 31.2% | 28.9% |
| Operating margin | 18.4% | 8.4% | 14.4% | 14.6% | 17.1% | 4.4% | 9.3% | 5.0% | 8.3% | 7.8% | 8.2% | 8.8% |
| Net margin | 11.2% | 2.2% | 10.7% | 7.7% | 11.7% | 0.2% | 2.2% | 0.3% | 3.8% | 2.9% | 3.0% | 1.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in NTR's financial statements (latest annual report filed February 27, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
NTR financial results
In fiscal year 2025 (ended December 31, 2025), Nutrien reported revenue of $26.9 billion, up 3.5% from the year before. It had net income of $2.3 billion (up 236.4%), a net profit margin of 8.4%. Diluted earnings per share came to $4.45. Over five years revenue grew at an average rate of 5.2% a year.
See the NTR stock overview for the latest quote and news, or the NTR chart for price history and technical indicators.
NTR income statement FAQ
What is Nutrien's annual revenue?
Nutrien reported total revenue of $26.9 billion for fiscal year 2025, which ended on December 31, 2025. That was up 3.5% from $26.0 billion the previous year.
Is Nutrien profitable?
Yes. Nutrien reported net income of $2.3 billion in fiscal 2025, a net profit margin of 8.4%; its operating margin was 14.4%.
What is Nutrien's gross margin?
Nutrien's gross margin was 31.0% in fiscal 2025: for every $100 of revenue, Nutrien kept $31 after the direct cost of its products and services.
How fast is Nutrien growing?
Revenue grew 5.2% a year on average over the last five fiscal years, from $20.9 billion to $26.9 billion.
What are Nutrien's earnings per share?
Nutrien earned $4.45 per diluted share in fiscal 2025, compared with $3.50 a year earlier.
When will Nutrien report its next earnings?
Nutrien is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 after the market closes.
When does Nutrien's fiscal year end?
Nutrien's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 27, 2026.