Filing Flows › Otter Tail (OTTR) › Q3 2025
Otter Tail (OTTR) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 5, 2025
Otter Tail (OTTR) reported revenue of $326M for the third quarter 2025 (Q3 2025), -3% from a year earlier and -2% from the quarter before. Operating margin was 29.6%, net earnings $78.3M (24.0% of revenue).
Otter Tail, Q3 2025: revenue $326M (-3% year over year), operating margin 29.6%, net earnings $78.3M, operating cash flow $130M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $326M | -2% | -3% |
| Operating profit | $96.6M | -0.9% | -10% |
| Net earnings | $78.3M | +0.7% | -8% |
| Operating cash flow | $130M | +8% | +30% |
| Free cash flow | $40.5M | -25% | +168% |
What changed
Revenue was $325.9M in Q3 2025, down 3% year over year and down 2% from the previous quarter. Electric was the largest line at 43% of revenue. Plastics lost $17.7M year over year (down 14%), 154% of the total change.
Operating profit was $96.6M, a 29.6% margin (down 2.2 points year over year). Total costs fell 0% while revenue fell 3%. The fastest-growing cost line was Other operating costs (+11%). Net earnings were $78.3M, down 8% year over year. The effective tax rate was 14.1%.
Operating cash flow was $129.6M (up 30% year over year), 165% of net earnings. Non-cash charges added back $29.6M of depreciation and amortization and $710K of share-based compensation. Working capital and other items added $21.0M. Capital expenditures of $89.1M left free cash flow of $40.5M.
Questions
What was Otter Tail's revenue in the third quarter 2025?
Otter Tail (OTTR) reported revenue of $326M for the third quarter 2025 (Q3 2025), -3% from a year earlier and -2% from the quarter before.
Was Otter Tail profitable in the third quarter 2025?
Operating profit was $96.6M (29.6% of revenue) and net earnings $78.3M.
Source: Otter Tail 10-Q on SEC EDGAR.