Filing Flows › Amrize (AMRZ) › Q3 2025
Amrize (AMRZ) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 29, 2025
Amrize (AMRZ) reported revenue of $3.7B for the third quarter 2025 (Q3 2025), +7% from a year earlier and +15% from the quarter before. Operating margin was 21.2%, net earnings $540M (14.6% of revenue).
Amrize, Q3 2025: revenue $3.7B (+7% year over year), operating margin 21.2%, net earnings $540M, operating cash flow $858M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.7B | +15% | +7% |
| Gross profit | $1.1B | +16% | +5% |
| Operating profit | $783M | +19% | -7% |
| Net earnings | $540M | +30% | -2% |
| Operating cash flow | $858M | +111% | +38% |
| Free cash flow | $669M | +291% | +66% |
What changed
Revenue was $3.7B in Q3 2025, up 7% year over year and up 15% from the previous quarter.
Gross margin was 29.6%, down 0.6 points from a year earlier. Operating profit was $0.78B, a 21.2% margin (down 3.3 points year over year). Operating profit fell $0.06B even though revenue rose $0.24B versus a year earlier, so costs grew faster than sales. Operating expenses grew 56% against revenue growth of 7%. Net earnings were $0.54B, down 2% year over year. The effective tax rate was 21.7%.
Operating cash flow was $0.86B (up 38% year over year), 159% of net earnings. Non-cash charges added back $0.20B of depreciation and amortization and $3.0M of share-based compensation. Working capital and other items added $0.12B. Capital expenditures of $0.19B left free cash flow of $0.67B.
Questions
What was Amrize's revenue in the third quarter 2025?
Amrize (AMRZ) reported revenue of $3.7B for the third quarter 2025 (Q3 2025), +7% from a year earlier and +15% from the quarter before.
Was Amrize profitable in the third quarter 2025?
Operating profit was $783M (21.2% of revenue) and net earnings $540M.
Source: Amrize 10-Q on SEC EDGAR.