The earnings call highlighted strong financial performance in terms of increased adjusted income and cash flow from operations, as well as successful asset disposals and production increases. However, challenges such as the impact of a power outage in Iberia, issues in the Industrial segment, and licensing problems in Venezuela were significant. Despite these challenges, the company remains optimistic about achieving its strategic objectives.

Company Guidance

The guidance provided in the call highlighted several key metrics and strategic objectives for Repsol moving forward. For the second quarter of 2025, Repsol reported an adjusted income of EUR 702 million, marking an 8% increase from the first quarter. Cash flow from operations rose to EUR 1.7 billion, a 50% improvement from the previous quarter, largely due to a EUR 0.6 billion working capital inflow. CapEx for the quarter was EUR 1.3 billion, bringing the first-half total to EUR 2.7 billion. The company has already announced disposals and asset rotations totaling EUR 1.2 billion towards its EUR 2 billion divestment target for 2025. Net debt decreased by 2% from March to EUR 5.7 billion, with gearing, including leases, at 17.9%. For shareholder remuneration, Repsol plans to distribute 30% to 35% of the cash flow from operations generated in 2025, increasing dividend funds by 3% and complementing cash dividends with share buybacks worth EUR 700 million. Repsol's refining margin indicator averaged $5.9, an 11% increase from the previous quarter. In the Upstream division, production averaged 557,000 barrels per day, a 3% rise over the first quarter. The company is on track to meet its strategic objectives for 2025, with net CapEx estimated at around EUR 3.5 billion for the year. The company also remains focused on optimizing its portfolio and anticipates further growth from new projects in the Upstream sector, including the Leon-Castille development and Pikka project in Alaska.

Increase in Adjusted Income and Cash Flow

Repsol's second quarter adjusted income was EUR 702 million, 8% above the first quarter of the year. Cash flow from operations amounted to EUR 1.7 billion, a 50% improvement compared to the first quarter.

Successful Asset Disposals

Out of the EUR 2 billion divestment target for 2025, Repsol announced disposals and asset rotation for a total of EUR 1.2 billion, with EUR 0.5 billion in cash received in the first semester.

Production Increases in Upstream Division

Production averaged 557,000 barrels per day, a 3% increase over the first quarter, thanks to higher contributions from the UK, Trinidad and Tobago, Eagle Ford, and Libya.

Growth in Customer Division

The Customer division's second quarter adjusted income was EUR 198 million, a 25% increase over the same period in 2024, driven by higher contributions in all business segments.

Renewable Energy Developments

Repsol's power generation reached 2.8 terawatts hour, 58% higher year-over-year, with plans to expand the low carbon generation portfolio.

Repsol (REPYY) 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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REPYY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	0.69 / -	0.141	―	―	―
Jul 24, 2025	2025 (Q2)	0.46 / 0.66	0.766	-13.58% (-0.10)
Apr 30, 2025	2025 (Q1)	0.57 / 0.56	1.107	-49.14% (-0.54)
Feb 20, 2025	2024 (Q4)	0.48 / 0.75	0.985	-24.06% (-0.24)
Oct 31, 2024	2024 (Q3)	0.49 / 0.14	1.128	-87.50% (-0.99)
Jul 24, 2024	2024 (Q2)	0.61 / 0.77	0.632	21.20% (+0.13)
Apr 25, 2024	2024 (Q1)	0.95 / 1.11	0.936	18.27% (+0.17)
Feb 22, 2024	2023 (Q4)	0.86 / 0.98	1.561	-36.90% (-0.58)
Oct 26, 2023	2023 (Q3)	0.89 / 1.13	1.064	6.02% (+0.06)
Jul 27, 2023	2023 (Q2)	0.58 / 0.63	0.802	-21.20% (-0.17)

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

REPYY Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 24, 2025	$15.70	$15.82	+0.76%
Apr 30, 2025	$11.74	$11.61	-1.11%
Feb 20, 2025	$12.24	$13.31	+8.74%
Oct 31, 2024	$11.97	$11.81	-1.34%

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 Repsol (REPYY) report earnings?

Repsol (REPYY) is schdueled to report earning on Oct 30, 2025, Before Open (Confirmed).

What is Repsol (REPYY) earnings time?

Repsol (REPYY) earnings time is at Oct 30, 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 REPYY EPS forecast?

REPYY EPS forecast for the fiscal quarter 2025 (Q3) is 0.69.

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