Filing Flows › Hillman Solutions (HLMN) › Q3 2025
Hillman Solutions (HLMN) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 4, 2025
Hillman Solutions (HLMN) reported revenue of $425M for the third quarter 2025 (Q3 2025), +8% from a year earlier and +5% from the quarter before. Operating margin was 10.8%, net earnings $23.2M (5.5% of revenue).
Hillman Solutions, Q3 2025: revenue $425M (+8% year over year), operating margin 10.8%, net earnings $23.2M, operating cash flow $26.2M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $425M | +5% | +8% |
| Operating profit | $45.9M | +26% | +71% |
| Net earnings | $23.2M | +46% | +212% |
| Operating cash flow | $26.2M | -46% | -59% |
| Free cash flow | $9.1M | — | -77% |
What changed
Revenue was $424.9M in Q3 2025, up 8% year over year and up 5% from the previous quarter. Fastening and Hardware was the largest line at 66% of revenue. Fastening and Hardware added $20.2M year over year (up 8%), 64% of the total change. Engraving declined 15%.
Operating profit was $45.9M, a 10.8% margin (up 4.0 points year over year). Of the extra revenue versus a year earlier, 60% reached operating profit, above the 7% margin then. Total costs grew 3% against revenue growth of 8%. Net earnings were $23.2M, up 212% year over year. The effective tax rate was 25.7%.
Operating cash flow was $26.2M (down 59% year over year), 113% of net earnings. Non-cash charges added back $35.4M of depreciation and amortization and $3.9M of share-based compensation. Working capital and other items used $36.2M. After capital expenditures ($17.2M), free cash flow as the company reports it was $9.1M.
Questions
What was Hillman Solutions' revenue in the third quarter 2025?
Hillman Solutions (HLMN) reported revenue of $425M for the third quarter 2025 (Q3 2025), +8% from a year earlier and +5% from the quarter before.
Was Hillman Solutions profitable in the third quarter 2025?
Operating profit was $45.9M (10.8% of revenue) and net earnings $23.2M.
Source: Hillman Solutions 10-Q on SEC EDGAR.