Neste's Q2 results showcased strong SAF sales growth and effective cash flow management, supported by positive regulatory developments. However, challenges remain with lower-than-expected refining margins, delays in the Rotterdam project, and concerns over market oversupply.

Company Guidance -

Q3 2025

In the recent call discussing Neste's Q2 2025 results, key guidance metrics were highlighted, including a notable 80% increase in SAF sales, which contributed to the highest renewable volumes in the company's history. The performance improvement program is on track, with a reported EUR 107 million EBITDA run rate improvement, aiming for a EUR 350 million increase by the end of 2026. Neste continues to focus on safety, with a total recordable injury frequency of 1.6, and reported significant progress in process safety with no major incidents in Q1 and Q2. Financially, the company achieved a group comparable EBITDA of EUR 341 million, with strong free cash flow at EUR 226 million, despite a refining margin of $10 per barrel being lower than anticipated. Capital expenditure for the year is expected to be between EUR 1 billion and EUR 1.2 billion, with significant investments ongoing, particularly in the Rotterdam SAF capacity expansion project, which is progressing despite being delayed and over budget.

Record SAF Sales Growth

SAF sales increased by 80% in Q2, contributing to the highest renewable volumes in Neste's history.

Strong Free Cash Flow

Free cash flow was reported at EUR 226 million, indicating effective working capital management and profitability.

Performance Improvement Progress

EUR 107 million in EBITDA run rate improvements have been booked as part of the performance improvement program, which is on track to achieve EUR 350 million by the end of 2026.

Positive Regulatory Developments

Recent regulatory support in Germany and the EU, as well as positive signals from the U.S. RVO decision, are expected to boost renewable fuel demand.

Neste (NTOIY) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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NTOIY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2025 (Q3)	0.10 / -	0.011	―	―	―
Jul 24, 2025	2025 (Q2)	0.02 / 0.04	-0.027	229.63% (+0.06)
Apr 29, 2025	2025 (Q1)	-0.04 / -0.02	0.177	-112.99% (-0.20)
Feb 13, 2025	2024 (Q4)	0.04 / -0.07	0.355	-119.15% (-0.42)
Oct 24, 2024	2024 (Q3)	0.06 / 0.01	0.464	-97.63% (-0.45)
Jul 25, 2024	2024 (Q2)	0.03 / -0.03	0.346	-107.80% (-0.37)
Apr 25, 2024	2024 (Q1)	0.28 / 0.18	0.397	-55.42% (-0.22)
Feb 08, 2024	2023 (Q4)	0.34 / 0.35	0.45	-21.11% (-0.10)
Oct 26, 2023	2023 (Q3)	0.41 / 0.46	0.395	17.47% (+0.07)
Jul 27, 2023	2023 (Q2)	0.40 / 0.35	0.487	-28.95% (-0.14)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

NTOIY Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 24, 2025	$7.70	$8.72	+13.25%
Apr 29, 2025	$4.52	$5.07	+12.17%
Feb 13, 2025	$5.87	$5.28	-10.05%
Oct 24, 2024	$8.16	$7.72	-5.39%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Neste (NTOIY) report earnings?

Neste (NTOIY) is schdueled to report earning on Oct 29, 2025, Before Open (Confirmed).

What is Neste (NTOIY) earnings time?

Neste (NTOIY) earnings time is at Oct 29, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is NTOIY EPS forecast?

NTOIY EPS forecast for the fiscal quarter 2025 (Q3) is 0.1.

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