Filing Flows › Smith A O (AOS) › Q4 2025
Smith A O (AOS) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 10, 2026
Smith A O (AOS) reported revenue of $912M for the fourth quarter 2025 (Q4 2025), 0% from a year earlier and -3% from the quarter before. Operating margin was 17.9%, net earnings $125M (13.7% of revenue).
Smith A O, Q4 2025: revenue $912M (0% year over year), operating margin 17.9%, net earnings $125M, operating cash flow $183M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $912M | -3% | 0% |
| Gross profit | $350M | -4% | +4% |
| Operating profit | $163M | -7% | +11% |
| Net earnings | $125M | -5% | +14% |
| Operating cash flow | $183M | -28% | -17% |
| Free cash flow | $166M | -31% | -13% |
What changed
Revenue was $912.5M in Q4 2025, roughly flat year over year and down 3% from the previous quarter. North America was the largest line at 78% of revenue.
Gross margin was 38.4%, up 1.3 points from a year earlier. Operating profit was $163.0M, a 17.9% margin (up 1.7 points year over year). Of the extra revenue versus a year earlier, 15500% reached operating profit, above the 16% margin then. Operating expenses fell 2% while revenue was flat. Net earnings were $125.4M, up 14% year over year. The effective tax rate was 21.9%.
Operating cash flow was $183.1M (down 17% year over year), 146% of net earnings. Non-cash charges added back $22.3M of depreciation and amortization and $2.5M of share-based compensation. Working capital and other items added $32.9M. Capital expenditures of $17.6M left free cash flow of $165.5M.
Questions
What was Smith A O's revenue in the fourth quarter 2025?
Smith A O (AOS) reported revenue of $912M for the fourth quarter 2025 (Q4 2025), 0% from a year earlier and -3% from the quarter before.
Was Smith A O profitable in the fourth quarter 2025?
Operating profit was $163M (17.9% of revenue) and net earnings $125M.
Source: Smith A O 10-K on SEC EDGAR.