Eastman Chemical Co income statement

In fiscal 2025, Eastman Chemical Co reported revenue of $8.75bn, down 6.7% on the year before and net income of $474m, or $4.10 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Eastman Chemical Co: income statement, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Revenue	4.4	5.8	7.2	8.1	9.4	9.5	9.6	9.0	9.5	10.2	9.3	8.5	10.5	10.6	9.2	9.4	8.8	9.0
Cost of revenue	—	—	—	—	—	—	—	6.7	7.2	7.7	7.0	6.5	8.0	8.4	7.1	7.1	6.9	7.2
Gross profit	1.0	1.5	1.6	1.8	2.8	2.2	2.6	2.4	2.4	2.5	2.2	2.0	2.5	2.1	2.1	2.3	1.8	1.9
Research and development	0.1	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.3	0.3	0.2	0.3	0.3	0.2
Selling, general and administrative	0.4	0.4	0.5	0.6	0.6	0.8	0.8	0.7	0.7	0.7	0.7	0.7	0.8	0.7	0.7	0.7	0.7	0.7
Operating income	0.3	0.8	0.9	0.8	1.9	1.2	1.4	1.4	1.5	—	—	—	—	—	—	—	—	—
Net interest income	−0.1	−0.1	−0.1	−0.1	−0.2	−0.2	−0.3	−0.3	−0.2	−0.2	−0.2	−0.2	−0.2	−0.2	−0.2	−0.2	−0.2	−0.2
Income before tax	0.3	0.6	0.9	0.6	1.7	1.0	1.1	1.0	1.3	1.3	0.9	0.5	1.1	1.0	1.1	1.1	0.6	0.7
Income tax	0.1	0.2	0.3	0.2	0.5	0.2	0.3	0.2	−0.1	0.2	0.1	0.0	0.2	0.2	0.2	0.2	0.1	0.0
Net income	0.1	0.4	0.6	0.4	1.2	0.8	0.8	0.9	1.4	1.1	0.8	0.5	0.9	0.8	0.9	0.9	0.5	0.6
Diluted EPS	$0.93	$2.88	$4.52	$2.93	$7.44	$4.97	$5.66	$5.75	$9.47	$7.56	$5.48	$3.50	$6.25	$6.35	$7.49	$7.67	$4.10	$5.44
Diluted shares (average)	147m	148m	143m	149m	157m	151m	150m	148m	146m	143m	139m	137m	137m	125m	119m	118m	116m	115m
EBITDA	0.6	1.1	1.2	1.2	2.3	1.6	2.0	2.0	2.1	—	—	—	—	—	—	—	—	—

US$ millions unless shown otherwise. Fiscal quarters.

Eastman Chemical Co: income statement, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026	2026 Q3Sept 2026
Revenue	2,245	2,290	2,287	2,202	1,973	2,177	2,513	2,385
Cost of revenue	1,691	1,723	1,781	1,769	1,635	1,746	1,953	1,853
Gross profit	554	567	506	433	338	431	560	532
Research and development	66	67	67	63	58	60	65	63
Selling, general and administrative	182	182	157	160	159	178	185	171
Net interest income	−52	−49	−53	−54	−52	−52	−55	−56
Income before tax	297	253	169	134	12	136	256	249
Income tax	−34	70	29	65	−71	29	72	−4
Net income	330	182	140	69	83	107	183	252
Diluted EPS	$2.81	$1.57	$1.20	$0.60	$0.72	$0.93	$1.59	$2.19

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Eastman Chemical Co's SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Eastman Chemical Co.