Filing Flows › Brady (BRC) › Q3 FY25
Brady (BRC) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed May 16, 2025
Brady (BRC) reported revenue of $383M for the third quarter fiscal 2025 (Q3 FY25), +11% from a year earlier and +7% from the quarter before. Operating margin was 17.6%, net earnings $52.3M (13.7% of revenue).
Brady, Q3 FY25: revenue $383M (+11% year over year), operating margin 17.6%, net earnings $52.3M, operating cash flow $59.9M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $383M | +7% | +11% |
| Gross profit | $195M | +11% | +10% |
| Operating profit | $67.2M | +31% | +6% |
| Net earnings | $52.3M | +30% | +3% |
| Operating cash flow | $59.9M | +51% | -18% |
| Free cash flow | $55.6M | +71% | -14% |
What changed
Revenue was $382.6M in Q3 FY25, up 11% year over year and up 7% from the previous quarter. Americas & Asia was the largest line at 66% of revenue. Americas & Asia added $28.9M year over year (up 13%), 74% of the total change.
Gross margin was 51.0%, down 0.6 points from a year earlier. Operating profit was $67.2M, a 17.6% margin (down 0.9 points year over year). Of the extra revenue versus a year earlier, 9% reached operating profit, below the 19% margin then. Operating expenses grew 13% against revenue growth of 11%. The fastest-growing cost line was SG&A (+13%). Net earnings were $52.3M, up 3% year over year. The effective tax rate was 20.5%.
Operating cash flow was $59.9M (down 18% year over year), 115% of net earnings. Non-cash charges added back $10.2M of depreciation and amortization and $1.8M of share-based compensation. Working capital and other items used $4.3M. Capital expenditures of $4.3M left free cash flow of $55.6M.
Questions
What was Brady's revenue in the third quarter fiscal 2025?
Brady (BRC) reported revenue of $383M for the third quarter fiscal 2025 (Q3 FY25), +11% from a year earlier and +7% from the quarter before.
Was Brady profitable in the third quarter fiscal 2025?
Operating profit was $67.2M (17.6% of revenue) and net earnings $52.3M.
Source: Brady 10-Q on SEC EDGAR.