Glencore revenue and financials
562.50 GBpChange from previous close: +0.20%Absolute change: +1.10 GBp
In the fiscal year ended December 2025, Glencore reported revenue of $247.54B (+7.18% year over year). Net income was $363M, a net margin of 0.1%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +7.18%
- 2025 vs 2024
- Net margin
- 0.1%
- 2024: -0.7%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q4 2025 | Q2 2025 | Q4 2024 | Q2 2024 | Q4 2023 | Q2 2023 | Q4 2022 | Q2 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 155,447 | 142,199 | 132,180 | 130,460 | 120,690 | 123,869 | 121,754 | 132,583 | 139,955 | 127,510 |
| Current assets | 78,105 | 67,030 | 60,375 | 59,514 | 62,572 | 64,042 | 62,833 | 69,223 | 71,080 | 57,776 |
| Cash and equivalents | 3,626 | 2,945 | 2,630 | 2,389 | 2,777 | 1,925 | 1,863 | 1,923 | 2,636 | 3,241 |
| Short-term investments | 161 | 64.0 | 50.0 | — | — | — | — | — | — | — |
| Receivables | 20,382 | 18,471 | 14,765 | 14,230 | 15,900 | 15,201 | 13,376 | 15,651 | 15,866 | 12,892 |
| Inventory | 36,999 | 32,882 | 29,816 | 29,580 | 30,177 | 31,569 | 31,806 | 33,460 | 30,212 | 28,434 |
| Net property, plant and equipment | 50,097 | 49,304 | 49,522 | 50,206 | 37,533 | 39,233 | 38,905 | 39,564 | 44,065 | 43,159 |
| Goodwill | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 |
| Other intangible assets | 735 | 770 | 907 | 928 | 979 | 1,002 | 1,043 | 1,160 | 1,151 | 1,235 |
| Long-term investments | 14,535 | 13,852 | 10,362 | 9,808 | 9,412 | 9,463 | 8,576 | 12,335 | 12,305 | 14,186 |
| Current liabilities | 73,706 | 63,090 | 52,594 | 49,709 | 48,130 | 49,478 | 46,643 | 53,420 | 57,214 | 49,459 |
| Accounts payable | 6,855 | 6,902 | 5,663 | 5,699 | 5,615 | 5,661 | 9,383 | 7,768 | 13,499 | 11,521 |
| Long-term debt | 26,190 | 26,238 | 26,804 | 24,786 | 22,292 | 20,813 | 19,102 | 18,407 | 21,368 | 25,730 |
| Total debt | 42,063 | 38,286 | 38,291 | 35,204 | 29,626 | 29,126 | 26,731 | 25,748 | 27,926 | 32,855 |
| Total liabilities | 118,635 | 108,593 | 99,392 | 94,800 | 84,927 | 85,632 | 80,581 | 87,364 | 95,504 | 90,593 |
| Total equity (incl. minority) | 36,812 | 33,606 | 32,788 | 35,660 | 35,763 | 38,237 | 41,173 | 45,219 | 44,451 | 36,917 |
| Retained earnings | 31,996 | 27,561 | 26,309 | 27,139 | 29,245 | 29,607 | 29,653 | 25,246 | 19,892 | 7,914 |
| Minority interest | -4,911 | -5,254 | -5,044 | -5,009 | -5,734 | -5,343 | -4,481 | -4,191 | -3,232 | -3,014 |