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Brunswick (BC) Q3 2025 earnings results (third quarter 2025)

10-Q filed Oct 30, 2025

Brunswick (BC) reported revenue of $1.4B for the third quarter 2025 (Q3 2025), +7% from a year earlier and -6% from the quarter before. Operating margin was -17.8%, net loss $236M (17.3% of revenue).

Revenue$1.4B
Year over year+7%
Quarter over quarter-6%
Operating margin-17.8%
Net earnings−$236M

Brunswick, Q3 2025: revenue $1.4B (+7% year over year), operating margin -17.8%, net loss $236M, operating cash flow $140M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$1.4B-6%+7%
Operating profit−$242M-334%—
Net earnings−$236M-497%—
Operating cash flow$140M-56%+108%
Free cash flow$106M-61%+239%

What changed

Revenue was $1.4B in Q3 2025, up 7% year over year and down 6% from the previous quarter. Outboard Engines was the largest line at 30% of revenue. Outboard Engines added $0.04B year over year (up 11%), 46% of the total change. Saltwater Fishing Boats declined 18%.

Operating costs exceeded revenue by $0.24B, an operating margin of -17.8%. Total costs grew 36% against revenue growth of 7%. The fastest-growing cost line was Other operating costs (+2636%). The quarter ended with a net loss of $0.24B, after a profit of $0.06B the previous quarter.

Operating cash flow was $0.14B (up 108% year over year). Non-cash charges added back $0.07B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.29B. Capital expenditures of $0.03B left free cash flow of $0.11B.

Questions

What was Brunswick's revenue in the third quarter 2025?

Brunswick (BC) reported revenue of $1.4B for the third quarter 2025 (Q3 2025), +7% from a year earlier and -6% from the quarter before.

Was Brunswick profitable in the third quarter 2025?

Operating loss was $242M (-17.8% of revenue) and net loss $236M.

Open the interactive Sankey →

Source: Brunswick 10-Q on SEC EDGAR.