Filing Flows › B&G Foods (BGS) › Q3 2025
B&G Foods (BGS) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 5, 2025
B&G Foods (BGS) reported revenue of $439M for the third quarter 2025 (Q3 2025), -5% from a year earlier and +4% from the quarter before. Operating margin was 2.5%, net loss $19.1M (4.4% of revenue).
B&G Foods, Q3 2025: revenue $439M (-5% year over year), operating margin 2.5%, net loss $19.1M, operating cash flow −$64.6M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $439M | +4% | -5% |
| Operating profit | $11.0M | -50% | — |
| Net earnings | −$19.1M | — | — |
| Operating cash flow | −$64.6M | -463% | — |
What changed
Revenue was $439.3M in Q3 2025, down 5% year over year and up 4% from the previous quarter.
Gross margin was 22.5%, up 0.3 points from a year earlier. Operating profit was $11.0M, a 2.5% margin (down 8.6 points year over year). Operating expenses grew 72% against a revenue fall of 5%. The fastest-growing cost line was Other operating costs (+749%). The quarter ended with a net loss of $19.1M, wider than the previous quarter's $9.8M loss. Net interest and other expense of $36.1M was the main reason.
Operating cash flow was −$64.6M. Non-cash charges added back $16.6M of depreciation and amortization and $4.0M of share-based compensation. Working capital and other items used $66.1M. Capital expenditures of $6.1M exceeded it, leaving free cash flow of −$70.7M.
Questions
What was B&G Foods' revenue in the third quarter 2025?
B&G Foods (BGS) reported revenue of $439M for the third quarter 2025 (Q3 2025), -5% from a year earlier and +4% from the quarter before.
Was B&G Foods profitable in the third quarter 2025?
Operating profit was $11.0M (2.5% of revenue) and net loss $19.1M.
Source: B&G Foods 10-Q on SEC EDGAR.