Filing Flows › Bread Financial Holdings (BFH) › Q1 2025
Bread Financial Holdings (BFH) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 29, 2025
Bread Financial Holdings (BFH) reported revenue of $970M for the first quarter 2025 (Q1 2025), -2% from a year earlier and +5% from the quarter before. Operating margin was 19.9%, net earnings $138M (14.2% of revenue).
Bread Financial Holdings, Q1 2025: revenue $970M (-2% year over year), operating margin 19.9%, net earnings $138M, operating cash flow $393M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $970M | +5% | -2% |
| Operating profit | $193M | — | +3% |
| Net earnings | $138M | 20× | +3% |
| Operating cash flow | $393M | -18% | -12% |
What changed
Revenue was $970.0M in Q1 2025, down 2% year over year and up 5% from the previous quarter.
Operating profit was $193.0M, a 19.9% margin (up 1.0 points year over year). Total costs fell 3% while revenue fell 2%. Net earnings were $138.0M, up 3% year over year. The effective tax rate was 28.5%.
Operating cash flow was $393.0M (down 12% year over year), 285% of net earnings. Non-cash charges added back $21.0M of depreciation and amortization and $13.0M of share-based compensation. Working capital and other items added $221.0M.
Questions
What was Bread Financial Holdings' revenue in the first quarter 2025?
Bread Financial Holdings (BFH) reported revenue of $970M for the first quarter 2025 (Q1 2025), -2% from a year earlier and +5% from the quarter before.
Was Bread Financial Holdings profitable in the first quarter 2025?
Operating profit was $193M (19.9% of revenue) and net earnings $138M.