Filing Flows › Holley (HLLY) › Q3 2025
Holley (HLLY) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 7, 2025
Holley (HLLY) reported revenue of $138M for the third quarter 2025 (Q3 2025), +3% from a year earlier and -17% from the quarter before. Operating margin was 11.5%, net loss $806K (0.6% of revenue).
Holley, Q3 2025: revenue $138M (+3% year over year), operating margin 11.5%, net loss $806K, operating cash flow $7.4M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $138M | -17% | +3% |
| Operating profit | $15.9M | -42% | — |
| Net earnings | −$806K | -107% | — |
| Operating cash flow | $7.4M | -82% | — |
| Free cash flow | $5.5M | — | — |
What changed
Revenue was $138.4M in Q3 2025, up 3% year over year and down 17% from the previous quarter. Domestic Muscle was the largest line at 64% of revenue. Domestic Muscle added $2.8M year over year (up 3%), 65% of the total change. Safety & Racing declined 1%.
Gross margin was 43.2%, up 4.2 points from a year earlier. Operating profit was $15.9M, a 11.5% margin (up 7.3 points year over year). Of the extra revenue versus a year earlier, 238% reached operating profit, above the 4% margin then. Operating expenses fell 6% while revenue rose 3%. The fastest-growing cost line was SG&A (+11%). The quarter ended with a net loss of $806K, after a profit of $10.9M the previous quarter. Net interest and other expense of $15.4M was the main reason.
Operating cash flow was $7.4M. Non-cash charges added back $6.1M of depreciation and amortization. Working capital and other items added $2.1M. After capital Expenditures, Net of Dispositions, net ($1.9M), free cash flow as the company reports it was $5.5M.
Questions
What was Holley's revenue in the third quarter 2025?
Holley (HLLY) reported revenue of $138M for the third quarter 2025 (Q3 2025), +3% from a year earlier and -17% from the quarter before.
Was Holley profitable in the third quarter 2025?
Operating profit was $15.9M (11.5% of revenue) and net loss $806K.
Source: Holley 10-Q on SEC EDGAR.