Finance

Russia's Gazprom says Q1 net profit edges up to $8.4 billion

Published by Global Banking & Finance Review

Posted on May 30, 2025

1 min read

· Last updated: January 23, 2026

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Russia's Gazprom says Q1 net profit edges up to $8.4 billion
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MOSCOW (Reuters) - First-quarter net income of Russia's energy giant Gazprom edged up by around 1% in the first quarter to 660.4 billion roubles ($8.41 billion) from the year-earlier period with sales

Gazprom Reports Slight Increase in Q1 Net Profit to $8.4 Billion

MOSCOW (Reuters) - First-quarter net income of Russia's energy giant Gazprom edged up by around 1% in the first quarter to 660.4 billion roubles ($8.41 billion) from the year-earlier period with sales also up, the company said on Friday.

It said the revenue of Gazprom Group increased to 2.81 trillion roubles in the January-March period, up from around 2.78 trillion roubles in the same period in 2024.

($1 = 78.5000 roubles)

(Reporting by Vladimir Soldatkin and Oksana Kobzeva; Editing by Tomasz Janowski)

Key Takeaways

  • Gazprom's Q1 net profit increased by 1% to $8.4 billion.
  • Revenue rose to 2.81 trillion roubles in Q1.
  • The financial results reflect a slight growth in sales.
  • Exchange rate used: $1 = 78.5000 roubles.
  • The report was compiled by Reuters journalists.

Frequently Asked Questions

What was Gazprom's net profit in Q1?
Gazprom's net profit for the first quarter was 660.4 billion roubles, equivalent to approximately $8.41 billion.
How much did Gazprom's revenue increase in Q1?
The revenue of Gazprom Group increased to 2.81 trillion roubles in the January-March period, up from around 2.78 trillion roubles in the same period last year.
What percentage increase did Gazprom's net income see?
Gazprom's net income edged up by around 1% compared to the year-earlier period.

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