Filing Flows › W.W. Grainger (GWW) › Q4 2025
W.W. Grainger (GWW) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 19, 2026
W.W. Grainger (GWW) reported revenue of $4.4B for the fourth quarter 2025 (Q4 2025), +5% from a year earlier and -5% from the quarter before. Operating margin was 14.3%, net earnings $451M (10.2% of revenue).
W.W. Grainger, Q4 2025: revenue $4.4B (+4% year over year), operating margin 14.3%, net earnings $451M, operating cash flow $395M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.4B | -5% | +5% |
| Gross profit | $1.7B | -3% | +4% |
| Operating profit | $634M | +24% | +0.2% |
| Net earnings | $451M | +53% | -5% |
| Operating cash flow | $395M | -34% | -8% |
| Free cash flow | $269M | -21% | +58% |
What changed
Revenue was $4.4B in Q4 2025, up 5% year over year and down 5% from the previous quarter.
Gross margin was 39.5%, down 0.1 points from a year earlier. Operating profit was $0.63B, a 14.3% margin (down 0.6 points year over year). Of the extra revenue versus a year earlier, 1% reached operating profit, below the 15% margin then. Operating expenses grew 7% against revenue growth of 5%. Net earnings were $0.45B, down 5% year over year. The effective tax rate was 22.7%.
Operating cash flow was $0.40B (down 8% year over year), 82% of net income including minority interests. Non-cash charges added back $0.06B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.16B. Capital expenditures of $0.13B left free cash flow of $0.27B.
Questions
What was W.W. Grainger's revenue in the fourth quarter 2025?
W.W.
Was W.W. Grainger profitable in the fourth quarter 2025?
Operating profit was $634M (14.3% of revenue) and net earnings $451M.
Source: W.W. Grainger 10-K on SEC EDGAR.