Filing Flows › American Vanguard (AVD) › Q3 2025
American Vanguard (AVD) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 10, 2025
American Vanguard (AVD) reported revenue of $119M for the third quarter 2025 (Q3 2025), +0.9% from a year earlier and -8% from the quarter before. Operating margin was -5.5%, net loss $12.4M (10.4% of revenue).
American Vanguard, Q3 2025: revenue $119M (+0.9% year over year), operating margin -5.5%, net loss $12.4M, operating cash flow $12.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $119M | -8% | +0.9% |
| Operating profit | −$6.5M | -249% | — |
| Net earnings | −$12.4M | — | — |
| Operating cash flow | $12.7M | — | -54% |
| Free cash flow | $11.3M | — | -58% |
What changed
Revenue was $119.3M in Q3 2025, up 1% year over year and down 8% from the previous quarter.
Gross margin was 28.7%, up 14.1 points from a year earlier. Operating costs exceeded revenue by $6.5M, an operating margin of -5.5%. Operating expenses fell 11% while revenue rose 1%. The quarter ended with a net loss of $12.4M, wider than the previous quarter's $849K loss.
Operating cash flow was $12.7M (down 54% year over year). Non-cash charges added back $4.6M of depreciation and amortization and $760K of share-based compensation. Working capital and other items added $19.7M. Capital expenditures of $1.4M left free cash flow of $11.3M.
Questions
What was American Vanguard's revenue in the third quarter 2025?
American Vanguard (AVD) reported revenue of $119M for the third quarter 2025 (Q3 2025), +0.9% from a year earlier and -8% from the quarter before.
Was American Vanguard profitable in the third quarter 2025?
Operating loss was $6.5M (-5.5% of revenue) and net loss $12.4M.
Source: American Vanguard 10-Q on SEC EDGAR.