Filing Flows › W.W. Grainger (GWW) › Q3 2025
W.W. Grainger (GWW) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 31, 2025
W.W. Grainger (GWW) reported revenue of $4.7B for the third quarter 2025 (Q3 2025), +6% from a year earlier and +2% from the quarter before. Operating margin was 11.0%, net earnings $294M (6.3% of revenue).
W.W. Grainger, Q3 2025: revenue $4.7B (+6% year over year), operating margin 11.0%, net earnings $294M, operating cash flow $597M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.7B | +2% | +6% |
| Gross profit | $1.8B | +2% | +5% |
| Operating profit | $511M | -25% | -26% |
| Net earnings | $294M | -39% | -40% |
| Operating cash flow | $597M | +58% | -2% |
| Free cash flow | $339M | +68% | -35% |
What changed
Revenue was $4.7B in Q3 2025, up 6% year over year and up 2% from the previous quarter.
Gross margin was 38.6%, down 0.6 points from a year earlier. Operating profit was $0.51B, a 11.0% margin (down 4.7 points year over year). Operating profit fell $0.17B even though revenue rose $0.27B versus a year earlier, so costs grew faster than sales. Operating expenses grew 24% against revenue growth of 6%. Net earnings were $0.29B, down 40% year over year. The effective tax rate was 34.8%.
Operating cash flow was $0.60B (down 2% year over year), 186% of net income including minority interests. Non-cash charges added back $0.07B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.20B. Capital expenditures of $0.26B left free cash flow of $0.34B.
Questions
What was W.W. Grainger's revenue in the third quarter 2025?
W.W.
Was W.W. Grainger profitable in the third quarter 2025?
Operating profit was $511M (11.0% of revenue) and net earnings $294M.
Source: W.W. Grainger 10-Q on SEC EDGAR.