Filing Flows › Global Industrial (GIC) › Q4 2025
Global Industrial (GIC) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 27, 2026
Global Industrial (GIC) reported revenue of $346M for the fourth quarter 2025 (Q4 2025), +14% from a year earlier and -2% from the quarter before. Operating margin was 5.7%, net earnings $14.6M (4.2% of revenue).
Global Industrial, Q4 2025: revenue $346M (+14% year over year), operating margin 5.7%, net earnings $14.6M, operating cash flow $20.0M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $346M | -2% | +14% |
| Gross profit | $119M | -5% | +16% |
| Operating profit | $19.6M | -25% | +35% |
| Net earnings | $14.6M | -22% | +36% |
| Operating cash flow | $20.0M | -12% | +26% |
| Free cash flow | $19.2M | -13% | +26% |
What changed
Revenue was $345.6M in Q4 2025, up 14% year over year and down 2% from the previous quarter.
Gross margin was 34.5%, up 0.6 points from a year earlier. Operating profit was $19.6M, a 5.7% margin (up 0.9 points year over year). Of the extra revenue versus a year earlier, 12% reached operating profit, above the 5% margin then. Operating expenses grew 13% against revenue growth of 14%. Net earnings were $14.6M, up 36% year over year. The effective tax rate was 25.5%.
Operating cash flow was $20.0M (up 26% year over year), 137% of net earnings. Non-cash charges added back $1.9M of depreciation and amortization and $1.5M of share-based compensation. Working capital and other items added $2.0M. Capital expenditures of $800K left free cash flow of $19.2M.
Questions
What was Global Industrial's revenue in the fourth quarter 2025?
Global Industrial (GIC) reported revenue of $346M for the fourth quarter 2025 (Q4 2025), +14% from a year earlier and -2% from the quarter before.
Was Global Industrial profitable in the fourth quarter 2025?
Operating profit was $19.6M (5.7% of revenue) and net earnings $14.6M.
Source: Global Industrial 10-K on SEC EDGAR.