First Quarter Financial Performance

TotalEnergies SE has announced a significant downturn in its financial performance for the first quarter of 2025. The company reported a 33% year-on-year decrease in net income attributable to shareholders, falling to $3.85 billion from $5.72 billion in the same period of 2024.

Adjusted Figures and CEO's Statement

Adjusted net income saw an 18% decline to $4.2 billion, with adjusted EBITDA dropping by 9% to $10.5 billion. Despite these challenges, CEO Patrick Pouyanne highlighted the company's resilience, stating, "TotalEnergies delivered strong results in the first quarter of 2025 that are in line with the positive results of the fourth quarter of 2024."

Operational Cash Flow and Earnings Per Share

The company also experienced a 14% reduction in cash flow from operations excluding working capital, totaling $6.99 billion. Diluted earnings per share decreased by 15% to $1.83 compared to the first quarter of 2024.