Filing Flows › Eastman Chemical (EMN) › Q3 2025
Eastman Chemical (EMN) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 4, 2025
Eastman Chemical (EMN) reported revenue of $2.2B for the third quarter 2025 (Q3 2025), -11% from a year earlier and -4% from the quarter before. Operating margin was 6.1%, net earnings $47.0M (2.1% of revenue).
Eastman Chemical, Q3 2025: revenue $2.2B (-11% year over year), operating margin 6.1%, net earnings $47.0M, operating cash flow $402M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.2B | -4% | -11% |
| Gross profit | $433M | -14% | -28% |
| Operating profit | $134M | -21% | -52% |
| Net earnings | $47.0M | -66% | -74% |
| Operating cash flow | $402M | +73% | +2% |
| Free cash flow | $265M | +219% | -4% |
What changed
Revenue was $2.2B in Q3 2025, down 11% year over year and down 4% from the previous quarter.
Gross margin was 19.7%, down 4.9 points from a year earlier. Operating profit was $0.13B, a 6.1% margin (down 5.3 points year over year). Operating expenses fell 8% while revenue fell 11%. Net earnings were $0.05B, down 74% year over year. The effective tax rate was 64.9%.
Operating cash flow was $0.40B (up 2% year over year), 855% of net earnings. Non-cash charges added back $0.13B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.21B. Capital expenditures of $0.14B left free cash flow of $0.27B.
Questions
What was Eastman Chemical's revenue in the third quarter 2025?
Eastman Chemical (EMN) reported revenue of $2.2B for the third quarter 2025 (Q3 2025), -11% from a year earlier and -4% from the quarter before.
Was Eastman Chemical profitable in the third quarter 2025?
Operating profit was $134M (6.1% of revenue) and net earnings $47.0M.
Source: Eastman Chemical 10-Q on SEC EDGAR.