Filing Flows › Builders FirstSource (BLDR) › Q3 2025
Builders FirstSource (BLDR) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 30, 2025
Builders FirstSource (BLDR) reported revenue of $3.9B for the third quarter 2025 (Q3 2025), -7% from a year earlier and -7% from the quarter before. Operating margin was 5.8%, net earnings $122M (3.1% of revenue).
Builders FirstSource, Q3 2025: revenue $3.9B (-7% year over year), operating margin 5.8%, net earnings $122M, operating cash flow $548M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.9B | -7% | -7% |
| Gross profit | $1.2B | -8% | -13% |
| Operating profit | $229M | -27% | -47% |
| Net earnings | $122M | -34% | -57% |
| Operating cash flow | $548M | +61% | -25% |
| Free cash flow | $462M | +83% | -27% |
What changed
Revenue was $3.9B in Q3 2025, down 7% year over year and down 7% from the previous quarter. Specialty Building Products and Services was the largest line at 28% of revenue. Manufactured Products lost $0.15B year over year (down 14%), 50% of the total change.
Gross margin was 30.4%, down 2.3 points from a year earlier. Operating profit was $0.23B, a 5.8% margin (down 4.3 points year over year). Operating expenses grew 1% against a revenue fall of 7%. Net earnings were $0.12B, down 57% year over year. The effective tax rate was 23.3%.
Operating cash flow was $0.55B (down 25% year over year), 448% of net earnings. Non-cash charges added back $0.15B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $0.26B. Capital expenditures of $0.09B left free cash flow of $0.46B.
Questions
What was Builders FirstSource's revenue in the third quarter 2025?
Builders FirstSource (BLDR) reported revenue of $3.9B for the third quarter 2025 (Q3 2025), -7% from a year earlier and -7% from the quarter before.
Was Builders FirstSource profitable in the third quarter 2025?
Operating profit was $229M (5.8% of revenue) and net earnings $122M.