Filing Flows › O'Reilly Automotive (ORLY) › Q3 2025
O'Reilly Automotive (ORLY) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 7, 2025
O'Reilly Automotive (ORLY) reported revenue of $4.7B for the third quarter 2025 (Q3 2025), +8% from a year earlier and +4% from the quarter before. Operating margin was 20.7%, net earnings $726M (15.4% of revenue).
O'Reilly Automotive, Q3 2025: revenue $4.7B (+8% year over year), operating margin 20.7%, net earnings $726M, operating cash flow $617M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.7B | +4% | +8% |
| Gross profit | $2.4B | +5% | +8% |
| Operating profit | $976M | +7% | +9% |
| Net earnings | $726M | +9% | +9% |
| Operating cash flow | $617M | -19% | -20% |
| Free cash flow | $297M | — | -41% |
What changed
Revenue was $4.7B in Q3 2025, up 8% year over year and up 4% from the previous quarter.
Gross margin was 51.9%, up 0.3 points from a year earlier. Operating profit was $1.0B, a 20.7% margin (up 0.2 points year over year). Of the extra revenue versus a year earlier, 23% reached operating profit, above the 21% margin then. Operating expenses grew 8% against revenue growth of 8%. Net earnings were $0.73B, up 9% year over year. The effective tax rate was 21.4%.
Operating cash flow was $0.62B (down 20% year over year), 85% of net earnings. Non-cash charges added back $0.13B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.25B. After other items ($0.31B) and excess tax benefit from share-based compensation payments ($0.01B), free cash flow as the company reports it was $0.30B.
Questions
What was O'Reilly Automotive's revenue in the third quarter 2025?
O'Reilly Automotive (ORLY) reported revenue of $4.7B for the third quarter 2025 (Q3 2025), +8% from a year earlier and +4% from the quarter before.
Was O'Reilly Automotive profitable in the third quarter 2025?
Operating profit was $976M (20.7% of revenue) and net earnings $726M.