Filing Flows › LEE Enterprises (LEE) › Q3 FY25
LEE Enterprises (LEE) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Aug 8, 2025
LEE Enterprises (LEE) reported revenue of $141M for the third quarter fiscal 2025 (Q3 FY25), -6% from a year earlier and +3% from the quarter before. Operating margin was 3.3%, net loss $1.7M (1.2% of revenue).
LEE Enterprises, Q3 FY25: revenue $141M (-6% year over year), operating margin 3.3%, net loss $1.7M, operating cash flow $8.9M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $141M | +3% | -6% |
| Operating profit | $4.7M | — | — |
| Net earnings | −$1.7M | — | — |
| Operating cash flow | $8.9M | — | — |
| Free cash flow | $8.3M | — | — |
What changed
Revenue was $141.3M in Q3 FY25, down 6% year over year and up 3% from the previous quarter. Advertising and marketing services was the largest line at 47% of revenue. Subscription lost $6.7M year over year (down 10%), 73% of the total change.
Operating profit was $4.7M, a 3.3% margin (unchanged year over year). Total costs fell 6% while revenue fell 6%. The quarter ended with a net loss of $1.7M, narrower than the previous quarter's $12.0M loss. Net interest and other expense of $9.1M was the main reason.
Operating cash flow was $8.9M. Non-cash charges added back $3.8M of depreciation and amortization and $540K of share-based compensation. Working capital and other items added $6.2M. Capital expenditures of $616K left free cash flow of $8.3M.
Questions
What was LEE Enterprises' revenue in the third quarter fiscal 2025?
LEE Enterprises (LEE) reported revenue of $141M for the third quarter fiscal 2025 (Q3 FY25), -6% from a year earlier and +3% from the quarter before.
Was LEE Enterprises profitable in the third quarter fiscal 2025?
Operating profit was $4.7M (3.3% of revenue) and net loss $1.7M.
Source: LEE Enterprises 10-Q on SEC EDGAR.