Income Statements for U.S. Corporations in Manufacturing, Mining, Trade, and Selected Service Industries

Income Statements for U.S. Corporations in Manufacturing Industry, Quarterly, Not Seasonally Adjusted

	Millions of Dollars
Name	Q4 2025	Q3 2025	Q4 2024
Income (Loss) From Operations	207,577	214,522	172,745
Net Sales, Receipts, and Operating Revenues	2,103,229	2,070,270	1,986,870
Less: Depreciation, Depletion, and Amortization of Property, Plant, and Equipment	68,650	65,466	65,416
Less: All Other Operating Costs and Expenses	1,827,001	1,790,281	1,748,710
Income (Loss) Before Income Taxes	260,345	293,086	222,414
Income (Loss) From Operations	207,577	214,522	172,745
Less: Interest Expense	52,024	50,716	50,791
All Other Nonoperating Income (Expense)	104,791	129,279	100,460
Income (Loss) After Income Taxes	241,406	252,938	206,844
Income (Loss) Before Income Taxes	260,345	293,086	222,414
Less: Provision for Current and Deferred Domestic Income Taxes	18,939	40,148	15,570
Net Income Retained in Business	130,225	159,693	98,268
Income (Loss) After Income Taxes	241,406	252,938	206,844
Less: Cash Dividends Charged to Retained Earnings This Quarter	111,181	93,245	108,576
Retained Earnings at End of Quarter	4,824,881	4,721,300	4,461,402
Net Income Retained in Business	130,225	159,693	98,268
Retained Earnings at Beginning of Quarter	4,761,638	4,611,424	4,435,001
Less: Other Direct Credits (Charges) to Retained Earnings (Net)	-66,982	-49,817	-71,867