Filing Flows › Axalta Coating Systems (AXTA) › Q3 2025
Axalta Coating Systems (AXTA) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 29, 2025
Axalta Coating Systems (AXTA) reported revenue of $1.3B for the third quarter 2025 (Q3 2025), -2% from a year earlier and -1% from the quarter before. Operating margin was 15.8%, net earnings $110M (8.5% of revenue).
Axalta Coating Systems, Q3 2025: revenue $1.3B (-2% year over year), operating margin 15.8%, net earnings $110M, operating cash flow $137M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | -1% | -2% |
| Operating profit | $204M | +6% | +6% |
| Net earnings | $110M | 0% | +8% |
| Operating cash flow | $137M | -4% | -29% |
| Free cash flow | $89.0M | — | -46% |
What changed
Revenue was $1.3B in Q3 2025, down 2% year over year and down 1% from the previous quarter. Performance Coatings was the largest line at 64% of revenue. Performance Coatings lost $0.05B year over year (down 6%), 153% of the total change.
Operating profit was $0.20B, a 15.8% margin (up 1.2 points year over year). Total costs fell 4% while revenue fell 2%. Net earnings were $0.11B, up 9% year over year. The effective tax rate was 29.0%.
Operating cash flow was $0.14B (down 29% year over year), 125% of net earnings. Non-cash charges added back $0.07B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.05B. After purchase of property, plant and equipment, net ($0.05B), free cash flow as the company reports it was $0.09B.
Questions
What was Axalta Coating Systems' revenue in the third quarter 2025?
Axalta Coating Systems (AXTA) reported revenue of $1.3B for the third quarter 2025 (Q3 2025), -2% from a year earlier and -1% from the quarter before.
Was Axalta Coating Systems profitable in the third quarter 2025?
Operating profit was $204M (15.8% of revenue) and net earnings $110M.