Filing Flows › First Busey (BUSE) › Q3 2025
First Busey (BUSE) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
First Busey (BUSE) reported revenue of $196M for the third quarter 2025 (Q3 2025), +66% from a year earlier and -0.9% from the quarter before. Operating margin was 39.4%, net earnings $57.1M (29.1% of revenue).
First Busey, Q3 2025: revenue $196M (+66% year over year), operating margin 39.4%, net earnings $57.1M, operating cash flow $62.5M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $196M | -0.9% | +66% |
| Operating profit | $77.3M | +20% | +82% |
| Net earnings | $57.1M | +20% | +78% |
| Operating cash flow | $62.5M | +26% | +4% |
| Free cash flow | $54.5M | +18% | -8% |
What changed
Revenue was $196.3M in Q3 2025, up 66% year over year and down 1% from the previous quarter.
Operating profit was $77.3M, a 39.4% margin (up 3.5 points year over year). Of the extra revenue versus a year earlier, 45% reached operating profit, above the 36% margin then. Total costs grew 57% against revenue growth of 66%. Net earnings were $57.1M, up 78% year over year. The effective tax rate was 26.1%.
Operating cash flow was $62.5M (up 4% year over year), 109% of net earnings. Non-cash charges added back $3.4M of depreciation and amortization and $4.3M of share-based compensation. Capital expenditures of $8.0M left free cash flow of $54.5M.
Questions
What was First Busey's revenue in the third quarter 2025?
First Busey (BUSE) reported revenue of $196M for the third quarter 2025 (Q3 2025), +66% from a year earlier and -0.9% from the quarter before.
Was First Busey profitable in the third quarter 2025?
Operating profit was $77.3M (39.4% of revenue) and net earnings $57.1M.
Source: First Busey 10-Q on SEC EDGAR.