Filing Flows › Olin (OLN) › Q4 2025
Olin (OLN) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 20, 2026
Olin (OLN) reported revenue of $1.7B for the fourth quarter 2025 (Q4 2025), -0.4% from a year earlier and -3% from the quarter before. Operating margin was -9.4%, net loss $143M (8.6% of revenue).
Olin, Q4 2025: revenue $1.7B (-0.4% year over year), operating margin -9.4%, net loss $143M, operating cash flow $321M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.7B | -3% | -0.4% |
| Operating profit | −$156M | -289% | — |
| Net earnings | −$143M | -428% | — |
| Operating cash flow | $321M | 12× | +127% |
| Free cash flow | $258M | — | +185% |
What changed
Revenue was $1.7B in Q4 2025, roughly flat year over year and down 3% from the previous quarter. Chlor Alkali Products and Vinyls was the largest line at 51% of revenue.
Gross margin was 1.9%, down 7.6 points from a year earlier. Operating costs exceeded revenue by $0.16B, an operating margin of -9.4%. Operating expenses grew 70% against flat revenue. The fastest-growing cost line was Other operating costs (+83%). The quarter ended with a net loss of $0.14B, after a profit of $0.04B the previous quarter.
Operating cash flow was $0.32B (up 127% year over year). Non-cash charges added back $0.13B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.33B. Capital expenditures of $0.06B left free cash flow of $0.26B.
Questions
What was Olin's revenue in the fourth quarter 2025?
Olin (OLN) reported revenue of $1.7B for the fourth quarter 2025 (Q4 2025), -0.4% from a year earlier and -3% from the quarter before.
Was Olin profitable in the fourth quarter 2025?
Operating loss was $156M (-9.4% of revenue) and net loss $143M.
Source: Olin 10-K on SEC EDGAR.