Filing Flows › Cal-Maine Foods (CALM) › Q4 FY25
Cal-Maine Foods (CALM) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Jul 22, 2025
Cal-Maine Foods (CALM) reported revenue of $1.1B for the fourth quarter fiscal 2025 (Q4 FY25), +72% from a year earlier and -22% from the quarter before. Operating margin was 39.5%, net earnings $342M (31.0% of revenue).
Cal-Maine Foods, Q4 FY25: revenue $1.1B (+72% year over year), operating margin 39.5%, net earnings $342M, operating cash flow $413M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | -22% | +72% |
| Gross profit | $532M | -26% | +185% |
| Operating profit | $436M | -31% | +207% |
| Net earnings | $342M | -33% | +203% |
| Operating cash flow | $413M | -28% | +93% |
| Free cash flow | $367M | -30% | +126% |
What changed
Revenue was $1.1B in Q4 FY25, up 72% year over year and down 22% from the previous quarter. Non-Specialty Shell Egg Sales was the largest line at 65% of revenue.
Gross margin was 48.2%, up 19.1 points from a year earlier. Operating profit was $0.44B, a 39.5% margin (up 17.3 points year over year). Of the extra revenue versus a year earlier, 63% reached operating profit, above the 22% margin then. Operating expenses grew 116% against revenue growth of 72%. Net earnings were $0.34B, up 202% year over year. The effective tax rate was 24.5%.
Operating cash flow was $0.41B (up 93% year over year), 121% of net earnings. Non-cash charges added back $0.02B of depreciation and amortization and $1.1M of share-based compensation. Working capital and other items added $0.05B. Capital expenditures of $0.05B left free cash flow of $0.37B.
Questions
What was Cal-Maine Foods' revenue in the fourth quarter fiscal 2025?
Cal-Maine Foods (CALM) reported revenue of $1.1B for the fourth quarter fiscal 2025 (Q4 FY25), +72% from a year earlier and -22% from the quarter before.
Was Cal-Maine Foods profitable in the fourth quarter fiscal 2025?
Operating profit was $436M (39.5% of revenue) and net earnings $342M.
Source: Cal-Maine Foods 10-K on SEC EDGAR.