How Eaton makes money

Period

FY2025

How does Eaton make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Eaton Corporation plc · FY2025 · year ended 2025-12-31

Revenue$27.4BGross profit$10.3B · 38%Cost of revenue$17.1B · 62%Operating income$5.2B · 19%Operating expenses$5.1B · 19%R&D$797M · 3%SG&A$4.3B · 16%Pre-tax income$4.9B · 18%Other expense$281M · 1%Net income$4.1B · 15%Income tax$841M · 3%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.