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Golden Growers Cooperative (GGROU) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 13, 2025

Golden Growers Cooperative (GGROU) reported revenue of $12.3M for the third quarter 2025 (Q3 2025), -8% from a year earlier and -24% from the quarter before. Operating margin was 10.9%, net earnings $1.4M (11.4% of revenue).

Revenue$12.3M
Year over year-8%
Quarter over quarter-24%
Operating margin10.9%
Net earnings$1.4M

Golden Growers Cooperative, Q3 2025: revenue $12.3M (-8% year over year), operating margin 10.9%, net earnings $1.4M, operating cash flow −$77K. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$12.3M-24%-8%
Operating profit$1.3M-5%-7%
Net earnings$1.4M-6%-10%
Operating cash flow−$77K——

What changed

Revenue was $12.3M in Q3 2025, down 8% year over year and down 24% from the previous quarter.

Operating profit was $1.3M, a 10.9% margin (up 0.2 points year over year). Total costs fell 9% while revenue fell 8%. The fastest-growing cost line was General & admin (+13%). Net earnings were $1.4M, down 10% year over year. The effective tax rate was 0.0%.

Operating cash flow was −$77K. Working capital and other items used $1.5M.

Questions

What was Golden Growers Cooperative's revenue in the third quarter 2025?

Golden Growers Cooperative (GGROU) reported revenue of $12.3M for the third quarter 2025 (Q3 2025), -8% from a year earlier and -24% from the quarter before.

Was Golden Growers Cooperative profitable in the third quarter 2025?

Operating profit was $1.3M (10.9% of revenue) and net earnings $1.4M.

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Source: Golden Growers Cooperative 10-Q on SEC EDGAR.