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Interparfums (IPAR) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 5, 2025

Interparfums (IPAR) reported revenue of $430M for the third quarter 2025 (Q3 2025), +1% from a year earlier and +29% from the quarter before. Operating margin was 25.3%, net earnings $65.8M (15.3% of revenue).

Revenue$430M
Year over year+1%
Quarter over quarter+29%
Operating margin25.3%
Net earnings$65.8M

Interparfums, Q3 2025: revenue $430M (+1% year over year), operating margin 25.3%, net earnings $65.8M, operating cash flow $63.9M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$430M+29%+1%
Gross profit$273M+23%+0.6%
Operating profit$109M+83%+2%
Net earnings$65.8M+106%+6%
Operating cash flow$63.9M+438%-16%
Free cash flow$57.6M—-17%

What changed

Revenue was $429.6M in Q3 2025, up 1% year over year and up 29% from the previous quarter.

Gross margin was 63.5%, down 0.4 points from a year earlier. Operating profit was $108.6M, a 25.3% margin (up 0.3 points year over year). Of the extra revenue versus a year earlier, 52% reached operating profit, above the 25% margin then. Operating expenses fell 1% while revenue rose 1%. Net earnings were $65.8M, up 6% year over year. The effective tax rate was 22.6%.

Operating cash flow was $63.9M (down 16% year over year), 77% of net income including minority interests. Non-cash charges added back $6.5M of depreciation and amortization and $370K of share-based compensation. Working capital and other items used $26.3M. Capital expenditures of $6.2M left free cash flow of $57.6M.

Questions

What was Interparfums' revenue in the third quarter 2025?

Interparfums (IPAR) reported revenue of $430M for the third quarter 2025 (Q3 2025), +1% from a year earlier and +29% from the quarter before.

Was Interparfums profitable in the third quarter 2025?

Operating profit was $109M (25.3% of revenue) and net earnings $65.8M.

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Source: Interparfums 10-Q on SEC EDGAR.