Filing Flows › Haverty Furniture Companies (HVT) › Q3 2025
Haverty Furniture Companies (HVT) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 31, 2025
Haverty Furniture Companies (HVT) reported revenue of $194M for the third quarter 2025 (Q3 2025), +11% from a year earlier and +7% from the quarter before. Operating margin was 3.3%, net earnings $4.7M (2.4% of revenue).
Haverty Furniture Companies, Q3 2025: revenue $194M (+11% year over year), operating margin 3.3%, net earnings $4.7M, operating cash flow $31.9M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $194M | +7% | +11% |
| Gross profit | $117M | +7% | +11% |
| Operating profit | $6.4M | +49% | -6% |
| Net earnings | $4.7M | +76% | -4% |
| Operating cash flow | $31.9M | +342% | +31% |
| Free cash flow | $28.3M | 17× | +76% |
What changed
Revenue was $194.5M in Q3 2025, up 11% year over year and up 7% from the previous quarter. Upholstery was the largest line at 43% of revenue. Upholstery added $6.5M year over year (up 8%), 35% of the total change.
Gross margin was 60.3%, up 0.1 points from a year earlier. Operating profit was $6.4M, a 3.3% margin (down 0.6 points year over year). Operating profit fell $446K even though revenue rose $18.6M versus a year earlier, so costs grew faster than sales. Operating expenses grew 12% against revenue growth of 11%. Net earnings were $4.7M, down 4% year over year. The effective tax rate was 26.4%.
Operating cash flow was $31.9M (up 31% year over year), 675% of net earnings. Non-cash charges added back $6.0M of depreciation and amortization and $1.6M of share-based compensation. Working capital and other items added $19.6M. Capital expenditures of $3.6M left free cash flow of $28.3M.
Questions
What was Haverty Furniture Companies' revenue in the third quarter 2025?
Haverty Furniture Companies (HVT) reported revenue of $194M for the third quarter 2025 (Q3 2025), +11% from a year earlier and +7% from the quarter before.
Was Haverty Furniture Companies profitable in the third quarter 2025?
Operating profit was $6.4M (3.3% of revenue) and net earnings $4.7M.