Filing Flows › Amcor (AMCR) › Q4 2025
Amcor (AMCR) Q4 2025 earnings results (fourth quarter 2025)
10-Q filed Feb 4, 2026
Amcor (AMCR) reported revenue of $5.4B for the fourth quarter 2025 (Q4 2025), +68% from a year earlier and -5% from the quarter before. Operating margin was 6.1%, net earnings $177M (3.2% of revenue).
Amcor, Q4 2025: revenue $5.4B (+68% year over year), operating margin 6.1%, net earnings $177M, operating cash flow $503M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.4B | -5% | +68% |
| Gross profit | $1.0B | -8% | +66% |
| Operating profit | $331M | -28% | +11% |
| Net earnings | $177M | -32% | +6% |
| Operating cash flow | $503M | — | +18% |
| Free cash flow | $282M | — | -15% |
What changed
Revenue was $5.4B in Q4 2025, up 68% year over year and down 5% from the previous quarter. Global Flexible Packaging Solutions was the largest line at 58% of revenue. Global Rigid Packaging Solutions added $1.5B year over year (up 210%), 69% of the total change.
Gross margin was 19.1%, down 0.2 points from a year earlier. Operating profit was $0.33B, a 6.1% margin (down 3.1 points year over year). Of the extra revenue versus a year earlier, 2% reached operating profit, below the 9% margin then. Operating expenses grew 115% against revenue growth of 68%. The fastest-growing cost line was Other operating costs (+389%). Net earnings were $0.18B, up 9% year over year. The effective tax rate was 1.7%.
Operating cash flow was $0.50B (up 18% year over year), 284% of net earnings. Non-cash charges added back $0.37B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.07B. Capital expenditures of $0.22B left free cash flow of $0.28B.
Questions
What was Amcor's revenue in the fourth quarter 2025?
Amcor (AMCR) reported revenue of $5.4B for the fourth quarter 2025 (Q4 2025), +68% from a year earlier and -5% from the quarter before.
Was Amcor profitable in the fourth quarter 2025?
Operating profit was $331M (6.1% of revenue) and net earnings $177M.
Source: Amcor 10-Q on SEC EDGAR.