Saudi Aramco’s Q3 2025 net income drops due to lower oil prices

Saudi Arabian oil company Aramco has reported net income of $26.94bn for the third quarter of 2025 (Q3 2025), a 2.3% decrease compared to $27.56bn in the same period last year, due to lower average realised crude and product prices. However, the company’s net income increased from the previous quarter’s $22.67bn, reflecting improved revenues and reduced operating costs. Aramco’s adjusted net income for the quarter stood at $27.98bn, a slight increase from the same quarter in 2024. It also increased from ...