Filing Flows › Ball (BALL) › Q3 2025
Ball (BALL) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 4, 2025
Ball (BALL) reported revenue of $3.4B for the third quarter 2025 (Q3 2025), +10% from a year earlier and +1% from the quarter before. Operating margin was 11.7%, net earnings $321M (9.5% of revenue).
Ball, Q3 2025: revenue $3.4B (+10% year over year), operating margin 11.7%, net earnings $321M, operating cash flow $384M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.4B | +1% | +10% |
| Operating profit | $397M | +44% | +65% |
| Net earnings | $321M | +49% | +61% |
| Operating cash flow | $384M | +16% | -37% |
| Free cash flow | $257M | +9% | -48% |
What changed
Revenue was $3.4B in Q3 2025, up 10% year over year and up 1% from the previous quarter.
Operating profit was $0.40B, a 11.7% margin (up 3.9 points year over year). Of the extra revenue versus a year earlier, 53% reached operating profit, above the 8% margin then. Net earnings were $0.32B, up 63% year over year. The effective tax rate was 19.1%.
Operating cash flow was $0.38B (down 37% year over year), 120% of net earnings. Non-cash charges added back $0.16B of depreciation and amortization. Working capital and other items used $0.10B. Capital expenditures of $0.13B left free cash flow of $0.26B.
Questions
What was Ball's revenue in the third quarter 2025?
Ball (BALL) reported revenue of $3.4B for the third quarter 2025 (Q3 2025), +10% from a year earlier and +1% from the quarter before.
Was Ball profitable in the third quarter 2025?
Operating profit was $397M (11.7% of revenue) and net earnings $321M.
Source: Ball 10-Q on SEC EDGAR.