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Culp (CULP) Q3 2025 earnings results (third quarter 2025)

10-Q filed Dec 12, 2025

Culp (CULP) reported revenue of $53.2M for the third quarter 2025 (Q3 2025), -4% from a year earlier and +5% from the quarter before. Operating margin was -6.5%, net loss $4.3M (8.1% of revenue).

Revenue$53.2M
Year over year-4%
Quarter over quarter+5%
Operating margin-6.5%
Net earnings−$4.3M

Culp, Q3 2025: revenue $53.2M (-4% year over year), operating margin -6.5%, net loss $4.3M, operating cash flow −$471K. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$53.2M+5%-4%
Operating profit−$3.5M-314%—
Net earnings−$4.3M——
Operating cash flow−$471K——

What changed

Revenue was $53.2M in Q3 2025, down 4% year over year and up 5% from the previous quarter. Bedding Fabrics was the largest line at 58% of revenue. Upholstery lost $3.2M year over year (down 12%), 128% of the total change.

Gross margin was 10.9%, up 0.1 points from a year earlier. Operating costs exceeded revenue by $3.5M, an operating margin of -6.5%. Operating expenses fell 19% while revenue fell 4%. The quarter ended with a net loss of $4.3M, wider than the previous quarter's $231K loss.

Operating cash flow was −$471K. Non-cash charges added back $1.1M of depreciation and $177K of share-based compensation. Working capital and other items added $2.6M. Capital expenditures of $39K exceeded it, leaving free cash flow of −$510K.

Questions

What was Culp's revenue in the third quarter 2025?

Culp (CULP) reported revenue of $53.2M for the third quarter 2025 (Q3 2025), -4% from a year earlier and +5% from the quarter before.

Was Culp profitable in the third quarter 2025?

Operating loss was $3.5M (-6.5% of revenue) and net loss $4.3M.

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Source: Culp 10-Q on SEC EDGAR.