NTR Q2 2025 Earnings
Reported Aug 6, 2025 at 5:47 PM ET · SEC Source
Q2 25 EPS
$2.65
BEAT +9.66%
Est. $2.42
Q2 25 Revenue
$10.44B
MISS 0.09%
Est. $10.45B
vs S&P Since Q2 25
+19.2%
BEATING MARKET
NTR +33.1% vs S&P +14.0%
Market Reaction
Did NTR Beat Earnings? Q2 2025 Results
Nutrien posted a strong second quarter of 2025, with adjusted earnings per share of $2.65 beating the analyst consensus of $2.42 by 9.66%, even as revenue of $10.44 billion came in just fractionally below estimates and grew 2.8% year over year. The o… Read more Nutrien posted a strong second quarter of 2025, with adjusted earnings per share of $2.65 beating the analyst consensus of $2.42 by 9.66%, even as revenue of $10.44 billion came in just fractionally below estimates and grew 2.8% year over year. The outperformance on the bottom line was driven largely by a record quarter in Potash, where sales volumes hit 3,989 thousand tonnes and adjusted EBITDA surged to $630.00 million from $472.00 million a year earlier, helped by a meaningful rise in average net selling prices to $248 per tonne from $212. The Nitrogen segment also contributed, with a record 98% ammonia operating rate lifting adjusted EBITDA to $667.00 million. Despite the earnings beat, shares slipped as investors weighed higher unit production costs and potash price concerns, though management signaled confidence by raising full-year Potash sales volume guidance to 13.9 to 14.5 million tonnes, citing stronger global demand, persistent supply disruptions, and project delays across the industry.
Key Takeaways
- • Record Potash sales volumes supported by strong global demand and potash affordability
- • Record ammonia operating rate of 98% in H1 2025 through improved reliability
- • Higher fertilizer net selling prices across all upstream segments
- • Six percent reduction in Retail selling and general and administrative expenses
- • Higher crop nutrient volumes in North America
- • Lower foreign exchange losses vs Q2 2024 ($22M vs $285M)
NTR YoY Financials
Q2 2025 vs Q2 2024, source: SEC Filings
NTR Revenue by Segment
With YoY comparisons, source: SEC Filings
NTR Revenue by Geography
With YoY comparisons, source: SEC Filings
“Nutrien delivered growth in earnings and cash flow in the first half of 2025, demonstrating strong operational performance and execution on our strategic priorities. We sold record Potash sales volumes, increased Nitrogen operating rates and lowered expenses, while further optimizing capital expenditures and consistently returning cash to shareholders.”
— Ken Seitz, Q2 2025 Earnings Press Release
NTR Earnings Trends
NTR vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
NTR EPS Trend
Earnings per share: estimate vs actual
NTR Revenue Trend
Quarterly revenue: estimate vs actual
NTR Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 | $0.52 | — | — | — | — |
| Q4 25 BEAT FY | $0.92 | $1.18 | +27.66% | $5.34B | +9.02% |
| FY Full Year | $4.60 | $4.66 | +1.25% | $26.89B | +1.93% |
| Q3 25 BEAT | $0.97 | $0.97 | +0.09% | $6.01B | +7.24% |
| Q2 25 BEAT | $2.42 | $2.65 | +9.66% | $10.44B | -0.09% |