NTR Q3 2025 Earnings
Reported Nov 5, 2025 at 5:54 PM ET · SEC Source
Q3 25 EPS
$0.97
BEAT +0.09%
Est. $0.97
Q3 25 Revenue
$6.01B
BEAT +7.24%
Est. $5.60B
vs S&P Since Q3 25
+31.9%
BEATING MARKET
NTR +39.5% vs S&P +7.5%
Market Reaction
Did NTR Beat Earnings? Q3 2025 Results
Nutrien delivered a strong third quarter for fiscal 2025, beating Wall Street expectations on both the top and bottom lines as a surge in fertilizer prices and record upstream volumes drove the Canadian agricultural giant's best earnings performance … Read more Nutrien delivered a strong third quarter for fiscal 2025, beating Wall Street expectations on both the top and bottom lines as a surge in fertilizer prices and record upstream volumes drove the Canadian agricultural giant's best earnings performance in years. The company reported adjusted EPS of $0.97, edging past the $0.97 consensus estimate by 0.09%, while revenue climbed 12.3% year over year to $6.01 billion, clearing analyst forecasts of $5.60 billion by 7.24%. The standout catalyst was Potash, where a 30% jump in average net selling prices to $277 per tonne powered a 32% rise in segment adjusted EBITDA to $733 million, anchoring consolidated adjusted EBITDA growth of 42% to $1.43 billion. Nutrien also continued reshaping its portfolio, announcing a strategic review of its Phosphate business and agreeing to sell its Profertil stake for approximately $600 million. Looking ahead, management raised potash sales volume guidance to 14.0 to 14.5 million tonnes and maintained its global potash shipment forecast of 73 to 75 million tonnes for 2025.
Key Takeaways
- • Higher fertilizer net selling prices across all segments
- • Record upstream fertilizer sales volumes in first nine months
- • Improved reliability with record 94% ammonia operating rate (excluding Trinidad and Joffre)
- • Higher Retail earnings from cost savings initiatives and higher proprietary products gross margin
- • Strong potash affordability and underlying consumption growth in key offshore markets
- • Stronger benchmark prices across nitrogen products
- • Stronger North American application season driving higher Retail crop nutrient volumes
- • Higher proprietary crop protection products gross margin reaching 41% of product line gross margin vs 32% prior year
NTR YoY Financials
Q3 2025 vs Q3 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 structural earnings growth in the first nine months of 2025 through record upstream fertilizer sales volumes, improved reliability and higher Retail earnings, while lowering capital expenditures and increasing cash returned to shareholders. We continue to progress our strategic initiatives and take actions to simplify our portfolio, enhancing earnings quality, improving cash conversion and supporting growth in free cash flow per share over the long term.”
— Ken Seitz, Q3 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% |