Filing Flows › FMC (FMC) › Q4 2025
FMC (FMC) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 27, 2026
FMC (FMC) reported revenue of $1.1B for the fourth quarter 2025 (Q4 2025), -12% from a year earlier and +100% from the quarter before. Operating margin was -130.8%, net loss $1.7B (158.9% of revenue).
FMC, Q4 2025: revenue $1.1B (-12% year over year), operating margin -130.8%, net loss $1.7B, operating cash flow $657M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | +100% | -12% |
| Operating profit | −$1.4B | — | — |
| Net earnings | −$1.7B | — | — |
| Operating cash flow | $657M | — | +54% |
| Free cash flow | $631M | — | +55% |
What changed
Revenue was $1.1B in Q4 2025, down 12% year over year and up 100% from the previous quarter. Insecticides was the largest line at 41% of revenue.
Gross margin was 39.8%, down 3.1 points from a year earlier. Operating costs exceeded revenue by $1.4B, an operating margin of -130.8%. Operating expenses grew 537% against a revenue fall of 12%. The fastest-growing cost line was Other operating costs (+2533%). The quarter ended with a net loss of $1.7B, wider than the previous quarter's $0.57B loss.
Operating cash flow was $0.66B (up 54% year over year). Non-cash charges added back $0.04B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $2.3B. Capital expenditures of $0.03B left free cash flow of $0.63B.
Questions
What was FMC's revenue in the fourth quarter 2025?
FMC (FMC) reported revenue of $1.1B for the fourth quarter 2025 (Q4 2025), -12% from a year earlier and +100% from the quarter before.
Was FMC profitable in the fourth quarter 2025?
Operating loss was $1.4B (-130.8% of revenue) and net loss $1.7B.
Source: FMC 10-K on SEC EDGAR.