Filing Flows › Alpha Pro Tech (APT) › Q3 2025
Alpha Pro Tech (APT) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
Alpha Pro Tech (APT) reported revenue of $14.8M for the third quarter 2025 (Q3 2025), +4% from a year earlier and -11% from the quarter before. Operating margin was 7.4%, net earnings $976K (6.6% of revenue).
Alpha Pro Tech, Q3 2025: revenue $14.8M (+4% year over year), operating margin 7.4%, net earnings $976K, operating cash flow $3.9M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $14.8M | -11% | +4% |
| Gross profit | $5.9M | -4% | +7% |
| Operating profit | $1.1M | -18% | +49% |
| Net earnings | $976K | -22% | +13% |
| Operating cash flow | $3.9M | +88% | -26% |
| Free cash flow | $3.8M | +96% | +20% |
What changed
Revenue was $14.8M in Q3 2025, up 4% year over year and down 11% from the previous quarter.
Gross margin was 39.7%, up 1.2 points from a year earlier. Operating profit was $1.1M, a 7.4% margin (up 2.2 points year over year). Of the extra revenue versus a year earlier, 67% reached operating profit, above the 5% margin then. Operating expenses grew 1% against revenue growth of 4%. Net earnings were $1.0M, up 13% year over year. The effective tax rate was 24.5%.
Operating cash flow was $3.9M (down 26% year over year), 402% of net earnings. Non-cash charges added back $203K of depreciation and amortization and $136K of share-based compensation. Working capital and other items added $2.6M. Capital expenditures of $99K left free cash flow of $3.8M.
Questions
What was Alpha Pro Tech's revenue in the third quarter 2025?
Alpha Pro Tech (APT) reported revenue of $14.8M for the third quarter 2025 (Q3 2025), +4% from a year earlier and -11% from the quarter before.
Was Alpha Pro Tech profitable in the third quarter 2025?
Operating profit was $1.1M (7.4% of revenue) and net earnings $976K.
Source: Alpha Pro Tech 10-Q on SEC EDGAR.