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FMC (FMC) Q3 2025 earnings results (third quarter 2025)

10-Q filed Oct 30, 2025

FMC (FMC) reported revenue of $542M for the third quarter 2025 (Q3 2025), -49% from a year earlier and -48% from the quarter before. Operating margin was -73.1%, net loss $569M (104.9% of revenue).

Revenue$542M
Year over year-49%
Quarter over quarter-48%
Operating margin-73.1%
Net earnings−$569M

FMC, Q3 2025: revenue $542M (-49% year over year), operating margin -73.1%, net loss $569M, operating cash flow −$184M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$542M-48%-49%
Operating profit−$396M-414%—
Net earnings−$569M-952%—
Operating cash flow−$184M-380%—

What changed

Revenue was $542.2M in Q3 2025, down 49% year over year and down 48% from the previous quarter.

Gross margin was 23.8%, down 12.5 points from a year earlier. Operating costs exceeded revenue by $396.3M, an operating margin of -73.1%. Operating expenses grew 109% against a revenue fall of 49%. The fastest-growing cost line was Other operating costs (+1203%). The quarter ended with a net loss of $568.6M, after a profit of $67.8M the previous quarter.

Operating cash flow was −$184.2M. Non-cash charges added back $43.4M of depreciation and amortization and $6.8M of share-based compensation. Working capital and other items added $334.2M. Capital expenditures of $23.7M exceeded it, leaving free cash flow of −$207.9M.

Questions

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

FMC (FMC) reported revenue of $542M for the third quarter 2025 (Q3 2025), -49% from a year earlier and -48% from the quarter before.

Was FMC profitable in the third quarter 2025?

Operating loss was $396M (-73.1% of revenue) and net loss $569M.

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Source: FMC 10-Q on SEC EDGAR.