- Repsol's net income for 2025 was €1.899 billion, up 8.1% from the previous year.
- Adjusted net income was €2.568 billion, a 15.1% decrease from 2024.
- Brent prices averaged $69.1 per barrel in 2025, down 14.5%.
Financial Performance
In 2025, Repsol reported a net income of €1.899 billion, marking an 8.1% increase from the previous year. However, the adjusted net income, which reflects the company's core business performance, was €2.568 billion, representing a 15.1% decline compared to 2024.
Market Conditions
The financial results were achieved in a challenging environment characterized by significant volatility in energy markets. Brent crude oil prices averaged $69.1 per barrel in 2025, a decrease of 14.5% from the previous year. This was amid rising geopolitical uncertainties and the impact of a blackout in Spain on April 28.
Strategic Focus
Despite these challenges, Repsol's integrated business model demonstrated resilience. All business segments performed strongly, enabling the company to progress in its strategic objectives, including strengthening its asset portfolio, maintaining financial discipline, and consolidating shareholder remuneration.
