Gazprom 2025 net income rises 7% to 1.3 trillion roubles

Gazprom 2025 net income rose 7 percent to 1.3 trillion roubles as a stronger rouble offset lower revenue. Exports to Europe fell 44 percent to historic lows.

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Gazprom (GAZP.MM) reported 2025 net income rose 7% to 1.3 trillion roubles ($17.3B) on midday April 30. A stronger rouble offset a 6% decline in EBITDA to 3 trillion roubles as European exports hit 50-year lows. Investors face a producer pivoting toward China as its traditional Western revenue streams collapse.

### Rouble Strength Masks Operational Decline Gazprom (GAZP.MM) attributed the net income rise to currency effects on its foreign-denominated debt. While the bottom line grew, total revenue fell 8.8% to 9.77 trillion roubles during the 2025 fiscal year. Core profitability suffered as Russia faced restricted access to its most lucrative markets.

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