Filing Flows › Eastman Kodak (KODK) › Q3 2025
Eastman Kodak (KODK) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
Eastman Kodak (KODK) reported revenue of $269M for the third quarter 2025 (Q3 2025), +3% from a year earlier and +2% from the quarter before. Operating margin was 7.1%, net earnings $13.0M (4.8% of revenue).
Eastman Kodak, Q3 2025: revenue $269M (+3% year over year), operating margin 7.1%, net earnings $13.0M, operating cash flow $21.0M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $269M | +2% | +3% |
| Gross profit | $68.0M | +33% | +51% |
| Operating profit | $19.0M | — | — |
| Net earnings | $13.0M | — | -28% |
| Operating cash flow | $21.0M | +162% | — |
| Free cash flow | $17.0M | — | — |
What changed
Revenue was $269.0M in Q3 2025, up 3% year over year and up 2% from the previous quarter. Print was the largest line at 66% of revenue. Advanced Materials and Chemicals added $11.0M year over year (up 15%), 138% of the total change. Print declined 3%.
Gross margin was 25.3%, up 8.0 points from a year earlier. Operating profit was $19.0M, a 7.1% margin (up 10.1 points year over year). Operating expenses fell 8% while revenue rose 3%. Net earnings were $13.0M, down 28% year over year. The effective tax rate was 18.8%.
Operating cash flow was $21.0M, 162% of net earnings. Non-cash charges added back $7.0M of depreciation and amortization and $1.0M of share-based compensation. Capital expenditures of $4.0M left free cash flow of $17.0M.
Questions
What was Eastman Kodak's revenue in the third quarter 2025?
Eastman Kodak (KODK) reported revenue of $269M for the third quarter 2025 (Q3 2025), +3% from a year earlier and +2% from the quarter before.
Was Eastman Kodak profitable in the third quarter 2025?
Operating profit was $19.0M (7.1% of revenue) and net earnings $13.0M.
Source: Eastman Kodak 10-Q on SEC EDGAR.