Filing Flows › Acuity (AYI) › Q3 FY25
Acuity (AYI) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Jun 26, 2025
Acuity (AYI) reported revenue of $1.2B for the third quarter fiscal 2025 (Q3 FY25), +22% from a year earlier and +17% from the quarter before. Operating margin was 11.9%, net earnings $98.4M (8.3% of revenue).
Acuity, Q3 FY25: revenue $1.2B (+22% year over year), operating margin 11.9%, net earnings $98.4M, operating cash flow $207M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | +17% | +22% |
| Gross profit | $570M | +22% | +26% |
| Operating profit | $140M | +27% | -4% |
| Net earnings | $98.4M | +27% | -14% |
| Operating cash flow | $207M | +249% | +36% |
| Free cash flow | $192M | +287% | +37% |
What changed
Revenue was $1.2B in Q3 FY25, up 22% year over year and up 17% from the previous quarter.
Gross margin was 48.4%, up 1.7 points from a year earlier. Operating profit was $0.14B, a 11.9% margin (down 3.1 points year over year). Operating profit fell $0.01B even though revenue rose $0.21B versus a year earlier, so costs grew faster than sales. Operating expenses grew 40% against revenue growth of 22%. Net earnings were $0.10B, down 14% year over year. The effective tax rate was 21.5%.
Operating cash flow was $0.21B (up 36% year over year), 211% of net earnings. Non-cash charges added back $0.03B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.06B. Capital expenditures of $0.01B left free cash flow of $0.19B.
Questions
What was Acuity's revenue in the third quarter fiscal 2025?
Acuity (AYI) reported revenue of $1.2B for the third quarter fiscal 2025 (Q3 FY25), +22% from a year earlier and +17% from the quarter before.
Was Acuity profitable in the third quarter fiscal 2025?
Operating profit was $140M (11.9% of revenue) and net earnings $98.4M.
Source: Acuity 10-Q on SEC EDGAR.