FINHUB Insights

ETN · Q1 FY25 · Jan 1 – Mar 31, 2025

Eaton Q1 FY25: where the revenue came from and where it went

Eaton Q1 FY25: revenue $6.4B (+7% year over year). Net profit $1B. Largest cohort Electrical Americas $3B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jan 1 – Mar 31, 2025
Reported
May 2, 2025 10-Q
Sankey diagram of Eaton's income statement for Q1 FY25: revenue of $6.4 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$6.4B +7% year over year
Gross profit$2.4B 38% margin
Operating profit$1.2B 19% margin
Net profit$1B 15% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY25 (period ends Mar 31, 2025).
ItemValueShare of revenueYear over year
Revenue 6.4 100% +7%
Electrical Americas 3 47%
Electrical Global 1.6 25%
Aerospace 1 16%
Vehicle 0.6 9%
eMobility 0.2 3%
Cost of revenue−3.961%
Gross profit2.438% margin+1pp
Research & development−0.23%+0pp
SG&A−116%−1pp
Operating profit1.219% margin+0pp
Tax−0.2
Net profit115%+1pp
Filing on EDGAR More quarters of ETN

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

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