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Consolidated income statement - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Consolidated operations      
Consolidated sales revenue $ 57,638 $ 53,658 $ 54,041
Net operating costs (excluding items disclosed separately) (41,784) (37,745) (37,052)
Net impairment charges (341) (538) (936)
Gains on consolidation and disposal of interests in businesses 0 1,214 0
Exploration and evaluation expenditure (net of profit from disposal of interests in undeveloped projects) (577) (936) (1,230)
Operating profit 14,936 15,653 14,823
Share of profit after tax of equity accounted units 1,478 838 675
Profit before finance items and taxation 16,414 16,491 15,498
Finance items      
Net exchange (losses)/gains on external net debt and intragroup balances (493) 322 (251)
Gains/(losses) on derivatives not qualifying for hedge accounting 22 (92) (54)
Finance income 465 514 536
Finance costs (1,062) (763) (967)
Amortisation of discount on provisions (778) (857) (977)
Net finance income (expense) (1,846) (876) (1,713)
Profit before taxation 14,568 15,615 13,785
Taxation (4,319) (4,041) (3,832)
Profit after tax for the year 10,249 11,574 9,953
– attributable to owners of Rio Tinto (net earnings) 9,966 11,552 10,058
– attributable to non-controlling interests $ 283 $ 22 $ (105)
Basic earnings per share (in usd per share) $ 6.137 $ 7.117 $ 6.203
Diluted earnings per share (in usd per share) $ 6.084 $ 7.072 $ 6.165