Filing Flows › Procter & Gamble (PG) › Q3 FY25
Procter & Gamble (PG) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Apr 24, 2025
Procter & Gamble (PG) reported revenue of $19.8B for the third quarter fiscal 2025 (Q3 FY25), -2% from a year earlier and -10% from the quarter before. Operating margin was 23.0%, net earnings $3.8B (19.1% of revenue).
Procter & Gamble, Q3 FY25: revenue $19.8B (-2% year over year), operating margin 23.0%, net earnings $3.8B, operating cash flow $3.7B. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $19.8B | -10% | -2% |
| Operating profit | $4.6B | -21% | +2% |
| Net earnings | $3.8B | -19% | +0.4% |
| Operating cash flow | $3.7B | -23% | -9% |
| Free cash flow | $2.8B | -27% | -14% |
What changed
Revenue was $19.8B in Q3 FY25, down 2% year over year and down 10% from the previous quarter.
Operating profit was $4.6B, a 23.0% margin (up 1.0 points year over year). Total costs fell 3% while revenue fell 2%. Net earnings were $3.8B, roughly flat year over year. The effective tax rate was 18.6%.
Operating cash flow was $3.7B (down 9% year over year), 98% of net earnings. Non-cash charges added back $0.69B of depreciation and amortization and $0.12B of share-based compensation. Working capital and other items used $0.90B. Capital expenditures of $0.86B left free cash flow of $2.8B.
Questions
What was Procter & Gamble's revenue in the third quarter fiscal 2025?
Procter & Gamble (PG) reported revenue of $19.8B for the third quarter fiscal 2025 (Q3 FY25), -2% from a year earlier and -10% from the quarter before.
Was Procter & Gamble profitable in the third quarter fiscal 2025?
Operating profit was $4.6B (23.0% of revenue) and net earnings $3.8B.
Source: Procter & Gamble 10-Q on SEC EDGAR.