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Acco Brands (ACCO) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Mar 9, 2026

Acco Brands (ACCO) reported revenue of $429M for the fourth quarter 2025 (Q4 2025), -4% from a year earlier and +12% from the quarter before. Operating margin was 9.3%, net earnings $21.3M (5.0% of revenue).

Revenue$429M
Year over year-4%
Quarter over quarter+12%
Operating margin9.3%
Net earnings$21.3M

Acco Brands, Q4 2025: revenue $429M (-4% year over year), operating margin 9.3%, net earnings $21.3M, operating cash flow $30.6M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$429M+12%-4%
Gross profit$144M+14%-7%
Operating profit$40.0M+54%-5%
Net earnings$21.3M+432%+3%
Operating cash flow$30.6M-57%-42%
Free cash flow$25.0M—-45%

What changed

Revenue was $428.8M in Q4 2025, down 4% year over year and up 12% from the previous quarter. Acco Brands Americas was the largest line at 57% of revenue.

Gross margin was 33.6%, down 1.1 points from a year earlier. Operating profit was $40.0M, a 9.3% margin (unchanged year over year). Operating expenses fell 8% while revenue fell 4%. Net earnings were $21.3M, up 3% year over year. The effective tax rate was 24.5%.

Operating cash flow was $30.6M (down 42% year over year), 144% of net earnings. Non-cash charges added back $18.2M of depreciation and amortization and $2.6M of share-based compensation. Working capital and other items used $11.5M. After itions to property, plant and equipment ($5.6M), free cash flow as the company reports it was $25.0M.

Questions

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

Acco Brands (ACCO) reported revenue of $429M for the fourth quarter 2025 (Q4 2025), -4% from a year earlier and +12% from the quarter before.

Was Acco Brands profitable in the fourth quarter 2025?

Operating profit was $40.0M (9.3% of revenue) and net earnings $21.3M.

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Source: Acco Brands 10-K on SEC EDGAR.