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Acco Brands (ACCO) Q3 2025 earnings results (third quarter 2025)

10-Q filed Oct 31, 2025

Acco Brands (ACCO) reported revenue of $384M for the third quarter 2025 (Q3 2025), -9% from a year earlier and -3% from the quarter before. Operating margin was 6.8%, net earnings $4.0M (1.0% of revenue).

Revenue$384M
Year over year-9%
Quarter over quarter-3%
Operating margin6.8%
Net earnings$4.0M

Acco Brands, Q3 2025: revenue $384M (-9% year over year), operating margin 6.8%, net earnings $4.0M, operating cash flow $71.5M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$384M-3%-9%
Gross profit$127M-2%-8%
Operating profit$26.0M-21%-1%
Net earnings$4.0M-86%-57%
Operating cash flow$71.5M—-23%
Free cash flow$66.0M—-26%

What changed

Revenue was $383.7M in Q3 2025, down 9% year over year and down 3% from the previous quarter. Acco Brands Americas was the largest line at 59% of revenue. Acco Brands Americas lost $31.5M year over year (down 12%), 85% of the total change.

Gross margin was 33.0%, up 0.5 points from a year earlier. Operating profit was $26.0M, a 6.8% margin (up 0.5 points year over year). Operating expenses fell 9% while revenue fell 9%. Net earnings were $4.0M, down 57% year over year. The effective tax rate was 72.8%.

Operating cash flow was $71.5M (down 23% year over year), 1788% of net earnings. Non-cash charges added back $18.4M of depreciation and amortization and $600K of share-based compensation. Working capital and other items added $48.5M. After itions to property, plant and equipment ($5.5M), free cash flow as the company reports it was $66.0M.

Questions

What was Acco Brands' revenue in the third quarter 2025?

Acco Brands (ACCO) reported revenue of $384M for the third quarter 2025 (Q3 2025), -9% from a year earlier and -3% from the quarter before.

Was Acco Brands profitable in the third quarter 2025?

Operating profit was $26.0M (6.8% of revenue) and net earnings $4.0M.

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Source: Acco Brands 10-Q on SEC EDGAR.