Filing Flows › O'Reilly Automotive (ORLY) › Q4 2025
O'Reilly Automotive (ORLY) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 27, 2026
O'Reilly Automotive (ORLY) reported revenue of $4.4B for the fourth quarter 2025 (Q4 2025), +8% from a year earlier and -6% from the quarter before. Operating margin was 18.8%, net earnings $605M (13.7% of revenue).
O'Reilly Automotive, Q4 2025: revenue $4.4B (+8% year over year), operating margin 18.8%, net earnings $605M, operating cash flow $633M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.4B | -6% | +8% |
| Gross profit | $2.3B | -6% | +9% |
| Operating profit | $829M | -15% | +12% |
| Net earnings | $605M | -17% | +10% |
| Operating cash flow | $633M | +3% | +1% |
| Free cash flow | $362M | — | — |
What changed
Revenue was $4.4B in Q4 2025, up 8% year over year and down 6% from the previous quarter.
Gross margin was 51.8%, up 0.5 points from a year earlier. Operating profit was $0.83B, a 18.8% margin (up 0.7 points year over year). Of the extra revenue versus a year earlier, 28% reached operating profit, above the 18% margin then. Operating expenses grew 7% against revenue growth of 8%. Net earnings were $0.61B, up 10% year over year. The effective tax rate was 21.5%.
Operating cash flow was $0.63B (up 1% year over year), 105% of net earnings. Non-cash charges added back $0.14B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.12B. After other items ($0.27B) and excess tax benefit from share-based compensation payments ($2.2M), free cash flow as the company reports it was $0.36B.
Questions
What was O'Reilly Automotive's revenue in the fourth quarter 2025?
O'Reilly Automotive (ORLY) reported revenue of $4.4B for the fourth quarter 2025 (Q4 2025), +8% from a year earlier and -6% from the quarter before.
Was O'Reilly Automotive profitable in the fourth quarter 2025?
Operating profit was $829M (18.8% of revenue) and net earnings $605M.