Filing Flows › MasterBrand (MBC) › Q4 2025
MasterBrand (MBC) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 13, 2026
MasterBrand (MBC) reported revenue of $645M for the fourth quarter 2025 (Q4 2025), -3% from a year earlier and -8% from the quarter before. Operating margin was -4.2%, net loss $42.0M (6.5% of revenue).
MasterBrand, Q4 2025: revenue $645M (-4% year over year), operating margin -4.2%, net loss $42.0M, operating cash flow $86.9M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $645M | -8% | -3% |
| Operating profit | −$27.1M | -165% | — |
| Net earnings | −$42.0M | -332% | — |
| Operating cash flow | $86.9M | +57% | -25% |
| Free cash flow | $52.5M | +33% | -24% |
What changed
Revenue was $644.6M in Q4 2025, down 3% year over year and down 8% from the previous quarter. Dealer was the largest line at 54% of revenue.
Gross margin was 26.0%, down 4.5 points from a year earlier. Operating costs exceeded revenue by $27.1M, an operating margin of -4.2%. Operating expenses grew 17% against a revenue fall of 3%. The fastest-growing cost line was SG&A (+23%). The quarter ended with a net loss of $42.0M, after a profit of $18.1M the previous quarter.
Operating cash flow was $86.9M (down 25% year over year). Non-cash charges added back $23.1M of depreciation and amortization and $900K of share-based compensation. Working capital and other items added $104.9M. Capital expenditures of $34.4M left free cash flow of $52.5M.
Questions
What was MasterBrand's revenue in the fourth quarter 2025?
MasterBrand (MBC) reported revenue of $645M for the fourth quarter 2025 (Q4 2025), -3% from a year earlier and -8% from the quarter before.
Was MasterBrand profitable in the fourth quarter 2025?
Operating loss was $27.1M (-4.2% of revenue) and net loss $42.0M.
Source: MasterBrand 10-K on SEC EDGAR.