Filing Flows › Bread Financial Holdings (BFH) › Q2 2025
Bread Financial Holdings (BFH) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 29, 2025
Bread Financial Holdings (BFH) reported revenue of $929M for the second quarter 2025 (Q2 2025), -1% from a year earlier and -4% from the quarter before. Operating margin was 18.7%, net earnings $139M (15.0% of revenue).
Bread Financial Holdings, Q2 2025: revenue $929M (-1% year over year), operating margin 18.7%, net earnings $139M, operating cash flow $526M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $929M | -4% | -1% |
| Operating profit | $174M | -10% | -3% |
| Net earnings | $139M | +0.7% | +5% |
| Operating cash flow | $526M | +34% | +10% |
What changed
Revenue was $929.0M in Q2 2025, down 1% year over year and down 4% from the previous quarter.
Operating profit was $174.0M, a 18.7% margin (down 0.4 points year over year). Total costs fell 1% while revenue fell 1%. Net earnings were $139.0M, up 5% year over year. The effective tax rate was 20.1%.
Operating cash flow was $526.0M (up 10% year over year), 378% of net earnings. Non-cash charges added back $21.0M of depreciation and amortization and $15.0M of share-based compensation. Working capital and other items added $351.0M.
Questions
What was Bread Financial Holdings' revenue in the second quarter 2025?
Bread Financial Holdings (BFH) reported revenue of $929M for the second quarter 2025 (Q2 2025), -1% from a year earlier and -4% from the quarter before.
Was Bread Financial Holdings profitable in the second quarter 2025?
Operating profit was $174M (18.7% of revenue) and net earnings $139M.