US Corporate Profits Revised Higher in Q3

Corporate profits in the United States rose by 4.7% from the previous period to $3.412 trillion in the third quarter of 2025, above preliminary estimates of 4.4%. Net cash flow with inventory valuation adjustment rose 6% (vs 5.8% in the early estimate), undistributed profits jumped 14.9% (vs 14%), and net dividends went up by 0.1% (the same as in the preliminary release). Compared to the corresponding period of the previous year, corporate profits surged 10.8%.

Corporate profits in the United States rose by 4.4% from the previous period to $3.402 trillion in the third quarter of 2025, following a 0.2% increase in Q2. Net cash flow with inventory valuation adjustment rose 5.8% (vs 3% in Q2), undistributed profits jumped 14% (vs 0.5%), and net dividends went up by 0.1% (the same as in Q2). Compared to the corresponding period of the previous year, corporate profits surged 10.5%.

Corporate profits in the United States increased by 0.2% from the previous period to $3.259 trillion in the second quarter of 2025, less than preliminary estimates of a 2% rise and after a revised 0.6% fall in Q1. Net cash flow with inventory valuation adjustment rose 3% (vs -2.1% in Q1), undistributed profits increased 0.5% (vs -4.8%), and net dividends went up by 0.1% (vs 1.4%). Compared to the corresponding period of the previous year, corporate profits rose by 4.8%.