0001666700-26-000013
SEC filingDuPont de Nemours, Inc. reported FY 2025 net sales of $6.85 billion. The company generated income from continuing operations of $98 million, but recorded a significant loss from discontinued operations of $836 million, resulting in a net loss of $738 million and a net loss available for common stockholders of $779 million. Basic and diluted earnings per share were -$2.00. The balance sheet shows total assets of $21.57 billion, with substantial goodwill of $7.92 billion and other intangible assets of $2.94 billion. Total liabilities were $7.47 billion, resulting in total equity of $14.10 billion. Cash flow from continuing operations was $560 million, while investing activities used $374 million and financing activities used $1.75 billion. The company's cash position decreased by $1.13 billion during the year, ending with $3.77 billion in cash, cash equivalents and restricted cash. The results reflect the impact of discontinued operations and significant financing activities related to the Electronics spin-off.
DuPont de Nemours, Inc. reported FY 2025 financial results with net sales of $6.85 billion. The company generated income from continuing operations before income taxes of $200 million, with provision for income taxes of $102 million, resulting in income from continuing operations, net of tax of $98 million. However, the company recorded a significant loss from discontinued operations, net of tax of $836 million, leading to a net loss of $738 million. After accounting for net income attributable to noncontrolling interests of $41 million, the net loss available for DuPont common stockholders was $779 million. Basic and diluted earnings per share were both -$2.00. Weighted-average common shares outstanding were 417.5 million basic and 419.2 million diluted.
The company reported net sales of $6.85 billion for FY 2025. Cost of sales was $4.49 billion, resulting in gross profit of $2.36 billion. Research and development expenses were $193 million, selling, general and administrative expenses were $1.02 billion, amortization of intangibles was $291 million, restructuring and asset related charges were $151 million, and acquisition, integration and separation costs were $203 million. Other income and expense items included equity in loss of nonconsolidated affiliates of $7 million, sundry income of $14 million, and interest expense of $313 million. No segment breakdown or geographic mix data was provided in the available financial data.
Based on the reported figures, gross profit was $2.36 billion (net sales of $6.85 billion minus cost of sales of $4.49 billion), representing a gross margin of approximately 34.5%. Operating expenses totaled $1.86 billion, including research and development ($193 million), selling, general and administrative ($1.02 billion), amortization of intangibles ($291 million), restructuring and asset related charges ($151 million), and acquisition, integration and separation costs ($203 million). The company reported income from continuing operations before income taxes of $200 million, with income from continuing operations, net of tax of $98 million after provision for income taxes of $102 million.
Cash flow from continuing operations was $560 million, driven by net income from continuing operations of $98 million adjusted for non-cash items including depreciation and amortization of $647 million. Investing activities used $374 million, primarily for capital expenditures of $333 million and acquisitions of $55 million. Financing activities used $1.75 billion, including payments on long-term debt of $4.13 billion, purchases of common stock of $500 million, and dividends paid of $597 million, partially offset by distribution from Electronics at spin-off of $4.10 billion. The balance sheet shows total assets of $21.57 billion, including current assets of $5.58 billion, property, plant and equipment net of $3.46 billion, and other assets of $12.54 billion. Total liabilities were $7.47 billion, including current liabilities of $2.31 billion and long-term debt of $3.13 billion. Total equity was $14.10 billion.
The available financial data does not include management guidance, strategic priorities, or specific risk factors for future periods. The financial statements show significant activity related to discontinued operations and the Electronics spin-off, with cash transferred to Electronics at spin-off of $664 million and distribution from Electronics at spin-off of $4.10 billion. The company paid dividends of $597 million to stockholders and purchased $500 million of common stock. The balance sheet shows substantial goodwill of $7.92 billion and other intangible assets of $2.94 billion, with accumulated deficit of $24.28 billion. The cash position decreased by $1.13 billion during the year to $3.77 billion at year-end.