Filing Flows › Bellring Brands (BRBR) › Q4 FY25
Bellring Brands (BRBR) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Nov 18, 2025
Bellring Brands (BRBR) reported revenue of $648M for the fourth quarter fiscal 2025 (Q4 FY25), +17% from a year earlier and +18% from the quarter before. Operating margin was 15.8%, net earnings $59.6M (9.2% of revenue).
Bellring Brands, Q4 FY25: revenue $648M (+17% year over year), operating margin 15.8%, net earnings $59.6M, operating cash flow $169M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $648M | +18% | +17% |
| Gross profit | $187M | -3% | -9% |
| Operating profit | $102M | +128% | -9% |
| Net earnings | $59.6M | +184% | -17% |
| Operating cash flow | $169M | +320% | +322% |
| Free cash flow | $168M | +337% | +332% |
What changed
Revenue was $648.2M in Q4 FY25, up 17% year over year and up 18% from the previous quarter. Shakes and other beverages was the largest line at 81% of revenue.
Gross margin was 28.9%, down 8.0 points from Q4 FY24. Operating profit was $102.2M, a 15.8% margin (down 4.4 points year over year). Operating profit fell $9.9M even though revenue rose $92.4M versus Q4 FY24, so costs grew faster than sales. Operating expenses fell 8% while revenue rose 17%. Net earnings were $59.6M, down 17% year over year. The effective tax rate was 28.3%.
Operating cash flow was $169.1M (up 322% year over year), 284% of net earnings. Non-cash charges added back $4.8M of depreciation and amortization and $5.2M of share-based compensation. Working capital and other items added $99.5M. Capital expenditures of $1.0M left free cash flow of $168.1M.
Questions
What was Bellring Brands' revenue in the fourth quarter fiscal 2025?
Bellring Brands (BRBR) reported revenue of $648M for the fourth quarter fiscal 2025 (Q4 FY25), +17% from a year earlier and +18% from the quarter before.
Was Bellring Brands profitable in the fourth quarter fiscal 2025?
Operating profit was $102M (15.8% of revenue) and net earnings $59.6M.
Source: Bellring Brands 10-K on SEC EDGAR.