Filing Flows › Foster L B (FSTR) › Q3 2025
Foster L B (FSTR) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 3, 2025
Foster L B (FSTR) reported revenue of $138M for the third quarter 2025 (Q3 2025), +0.6% from a year earlier and -4% from the quarter before. Operating margin was 6.0%, net earnings $4.3M (3.1% of revenue).
Foster L B, Q3 2025: revenue $138M (+0.6% year over year), operating margin 6.0%, net earnings $4.3M, operating cash flow $29.2M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $138M | -4% | +0.6% |
| Gross profit | $31.1M | +0.5% | -5% |
| Operating profit | $8.3M | +8% | +13% |
| Net earnings | $4.3M | +52% | -88% |
| Operating cash flow | $29.2M | +181% | +18% |
| Free cash flow | $26.4M | — | +22% |
What changed
Revenue was $138.3M in Q3 2025, up 1% year over year and down 4% from the previous quarter. Rail, Technologies, and Services was the largest line at 56% of revenue. Steel Products added $1.9M year over year (up 13%), 237% of the total change. Rail, Technologies, and Services declined 2%.
Gross margin was 22.5%, down 1.4 points from a year earlier. Operating profit was $8.3M, a 6.0% margin (up 0.7 points year over year). Of the extra revenue versus a year earlier, 119% reached operating profit, above the 5% margin then. Operating expenses fell 10% while revenue rose 1%. Net earnings were $4.4M, down 88% year over year. The effective tax rate was 39.4%.
Operating cash flow was $29.2M (up 18% year over year), 675% of net earnings. Non-cash charges added back $3.0M of depreciation and amortization and $1.3M of share-based compensation. Working capital and other items added $20.6M. After capital expenditures on property, plant, and equipment ($2.8M), free cash flow as the company reports it was $26.4M.
Questions
What was Foster L B's revenue in the third quarter 2025?
Foster L B (FSTR) reported revenue of $138M for the third quarter 2025 (Q3 2025), +0.6% from a year earlier and -4% from the quarter before.
Was Foster L B profitable in the third quarter 2025?
Operating profit was $8.3M (6.0% of revenue) and net earnings $4.3M.
Source: Foster L B 10-Q on SEC EDGAR.