Filing Flows › Evercore (EVR) › Q3 2025
Evercore (EVR) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 5, 2025
Evercore (EVR) reported revenue of $1.0B for the third quarter 2025 (Q3 2025), +42% from a year earlier and +25% from the quarter before. Operating margin was 20.8%, net earnings $145M (13.8% of revenue).
Evercore, Q3 2025: revenue $1.0B (+42% year over year), operating margin 20.8%, net earnings $145M, operating cash flow $561M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.0B | +25% | +42% |
| Operating profit | $217M | +44% | +77% |
| Net earnings | $145M | +49% | +84% |
| Operating cash flow | $561M | +28% | +139% |
| Free cash flow | $541M | +32% | +139% |
What changed
Revenue was $1.0B in Q3 2025, up 42% year over year and up 25% from the previous quarter.
Operating profit was $0.22B, a 20.8% margin (up 4.1 points year over year). Of the extra revenue versus a year earlier, 31% reached operating profit, above the 17% margin then. Total costs grew 35% against revenue growth of 42%. Net earnings were $0.14B, up 84% year over year. The effective tax rate was 27.5%.
Operating cash flow was $0.56B (up 139% year over year), 356% of net income including minority interests. Non-cash charges added back $157K of depreciation and amortization and $0.18B of share-based compensation. Working capital and other items added $0.22B. Capital expenditures of $0.02B left free cash flow of $0.54B.
Questions
What was Evercore's revenue in the third quarter 2025?
Evercore (EVR) reported revenue of $1.0B for the third quarter 2025 (Q3 2025), +42% from a year earlier and +25% from the quarter before.
Was Evercore profitable in the third quarter 2025?
Operating profit was $217M (20.8% of revenue) and net earnings $145M.
Source: Evercore 10-Q on SEC EDGAR.