Filing Flows › Smith A O (AOS) › Q3 2025
Smith A O (AOS) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 28, 2025
Smith A O (AOS) reported revenue of $942M for the third quarter 2025 (Q3 2025), +4% from a year earlier and -7% from the quarter before. Operating margin was 18.6%, net earnings $132M (14.0% of revenue).
Smith A O, Q3 2025: revenue $942M (+4% year over year), operating margin 18.6%, net earnings $132M, operating cash flow $255M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $942M | -7% | +4% |
| Gross profit | $364M | -8% | +8% |
| Operating profit | $175M | -15% | +11% |
| Net earnings | $132M | -13% | +10% |
| Operating cash flow | $255M | +83% | +30% |
| Free cash flow | $241M | +96% | +47% |
What changed
Revenue was $942.5M in Q3 2025, up 4% year over year and down 7% from the previous quarter. North America was the largest line at 78% of revenue. North America added $40.1M year over year (up 6%), 101% of the total change.
Gross margin was 38.7%, up 1.3 points from a year earlier. Operating profit was $175.4M, a 18.6% margin (up 1.1 points year over year). Of the extra revenue versus a year earlier, 43% reached operating profit, above the 18% margin then. Operating expenses grew 6% against revenue growth of 4%. Net earnings were $132.0M, up 10% year over year. The effective tax rate was 23.2%.
Operating cash flow was $255.4M (up 30% year over year), 193% of net earnings. Non-cash charges added back $21.6M of depreciation and amortization and $2.7M of share-based compensation. Working capital and other items added $99.1M. Capital expenditures of $14.8M left free cash flow of $240.6M.
Questions
What was Smith A O's revenue in the third quarter 2025?
Smith A O (AOS) reported revenue of $942M for the third quarter 2025 (Q3 2025), +4% from a year earlier and -7% from the quarter before.
Was Smith A O profitable in the third quarter 2025?
Operating profit was $175M (18.6% of revenue) and net earnings $132M.
Source: Smith A O 10-Q on SEC EDGAR.