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Escalade (ESCA) Q3 2025 earnings results (third quarter 2025)

10-Q filed Oct 30, 2025

Escalade (ESCA) reported revenue of $67.8M for the third quarter 2025 (Q3 2025), +0.1% from a year earlier and +25% from the quarter before. Operating margin was 10.8%, net earnings $5.6M (8.2% of revenue).

Revenue$67.8M
Year over year+0.1%
Quarter over quarter+25%
Operating margin10.8%
Net earnings$5.6M

Escalade, Q3 2025: revenue $67.8M (+0.1% year over year), operating margin 10.8%, net earnings $5.6M, operating cash flow −$965K. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$67.8M+25%+0.1%
Operating profit$7.3M+179%-8%
Net earnings$5.6M+204%-2%
Operating cash flow−$965K-107%—

What changed

Revenue was $67.8M in Q3 2025, roughly flat year over year and up 25% from the previous quarter.

Operating profit was $7.3M, a 10.8% margin (down 1.0 points year over year). Operating profit fell $673K even though revenue rose $48K versus a year earlier, so costs grew faster than sales. Total costs grew 1% against flat revenue. Net earnings were $5.6M, down 2% year over year. The effective tax rate was 22.0%.

Operating cash flow was −$1.0M. Non-cash charges added back $1.3M of depreciation and amortization and $506K of share-based compensation. Working capital and other items used $8.3M. Capital expenditures of $291K exceeded it, leaving free cash flow of −$1.3M.

Questions

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

Escalade (ESCA) reported revenue of $67.8M for the third quarter 2025 (Q3 2025), +0.1% from a year earlier and +25% from the quarter before.

Was Escalade profitable in the third quarter 2025?

Operating profit was $7.3M (10.8% of revenue) and net earnings $5.6M.

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Source: Escalade 10-Q on SEC EDGAR.