Filing Flows › Ibex (IBEX) › Q4 FY25
Ibex (IBEX) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Sep 11, 2025
Ibex (IBEX) reported revenue of $147M for the fourth quarter fiscal 2025 (Q4 FY25), +18% from a year earlier and +5% from the quarter before. Operating margin was 8.3%, net earnings $9.6M (6.5% of revenue).
Ibex, Q4 FY25: revenue $147M (+18% year over year), operating margin 8.3%, net earnings $9.6M, operating cash flow $27.9M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $147M | +5% | +18% |
| Operating profit | $12.3M | -8% | -5% |
| Net earnings | $9.6M | -8% | -3% |
| Operating cash flow | $27.9M | +216% | +60% |
| Free cash flow | $22.8M | +540% | +50% |
What changed
Revenue was $147.1M in Q4 FY25, up 18% year over year and up 5% from the previous quarter.
Operating profit was $12.3M, a 8.3% margin (down 2.0 points year over year). Operating profit fell $607K even though revenue rose $22.6M versus a year earlier, so costs grew faster than sales. Total costs grew 21% against revenue growth of 18%. The fastest-growing cost line was SG&A (+37%). Net earnings were $9.6M, down 3% year over year. The effective tax rate was 19.0%.
Operating cash flow was $27.9M (up 60% year over year), 291% of net earnings. Non-cash charges added back $4.2M of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items added $12.2M. Capital expenditures of $5.2M left free cash flow of $22.8M.
Questions
What was Ibex's revenue in the fourth quarter fiscal 2025?
Ibex (IBEX) reported revenue of $147M for the fourth quarter fiscal 2025 (Q4 FY25), +18% from a year earlier and +5% from the quarter before.
Was Ibex profitable in the fourth quarter fiscal 2025?
Operating profit was $12.3M (8.3% of revenue) and net earnings $9.6M.
Source: Ibex 10-K on SEC EDGAR.