Filing Flows › Ball (BALL) › Q4 2025
Ball (BALL) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 19, 2026
Ball (BALL) reported revenue of $3.3B for the fourth quarter 2025 (Q4 2025), +16% from a year earlier and -0.9% from the quarter before. Operating margin was 7.5%, net earnings $200M (6.0% of revenue).
Ball, Q4 2025: revenue $3.3B (+16% year over year), operating margin 7.5%, net earnings $200M, operating cash flow $1.2B. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.3B | -0.9% | +16% |
| Operating profit | $250M | -37% | — |
| Net earnings | $200M | -38% | — |
| Operating cash flow | $1.2B | +215% | +142% |
| Free cash flow | $1.0B | +305% | +165% |
What changed
Revenue was $3.3B in Q4 2025, up 16% year over year and down 1% from the previous quarter.
Operating profit was $0.25B, a 7.5% margin (up 8.0 points year over year). The fastest-growing cost line was SG&A (+16%). Net earnings were $0.20B. The effective tax rate was 20.0%.
Operating cash flow was $1.2B (up 142% year over year), 606% of net earnings. Non-cash charges added back $0.16B of depreciation and amortization. Working capital and other items added $0.85B. Capital expenditures of $0.17B left free cash flow of $1.0B.
Questions
What was Ball's revenue in the fourth quarter 2025?
Ball (BALL) reported revenue of $3.3B for the fourth quarter 2025 (Q4 2025), +16% from a year earlier and -0.9% from the quarter before.
Was Ball profitable in the fourth quarter 2025?
Operating profit was $250M (7.5% of revenue) and net earnings $200M.
Source: Ball 10-K on SEC EDGAR.