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Procter & Gamble (PG) Q4 FY25 earnings results (fourth quarter fiscal 2025)

10-K filed Aug 4, 2025

Procter & Gamble (PG) reported revenue of $20.9B for the fourth quarter fiscal 2025 (Q4 FY25), +2% from a year earlier and +6% from the quarter before. Operating margin was 20.8%, net earnings $3.6B (17.3% of revenue).

Revenue$20.9B
Year over year+2%
Quarter over quarter+6%
Operating margin20.8%
Net earnings$3.6B

Procter & Gamble, Q4 FY25: revenue $20.9B (+2% year over year), operating margin 20.8%, net earnings $3.6B, operating cash flow $5.0B. The chart follows the revenue to costs, profit and cash.

Q4 FY25AmountQ/QY/Y
Revenue$20.9B+6%+2%
Operating profit$4.4B-4%+12%
Net earnings$3.6B-4%+15%
Operating cash flow$5.0B+35%-13%
Free cash flow$4.0B+40%-20%

What changed

Revenue was $20.9B in Q4 FY25, up 2% year over year and up 6% from the previous quarter.

Operating profit was $4.4B, a 20.8% margin (up 1.9 points year over year). Of the extra revenue versus a year earlier, 132% reached operating profit, above the 19% margin then. Total costs fell 1% while revenue rose 2%. Net earnings were $3.6B, up 15% year over year. The effective tax rate was 19.8%.

Operating cash flow was $5.0B (down 13% year over year), 137% of net earnings. Non-cash charges added back $0.72B of depreciation and amortization and $0.11B of share-based compensation. Working capital and other items added $0.52B. Capital expenditures of $1.0B left free cash flow of $4.0B.

Questions

What was Procter & Gamble's revenue in the fourth quarter fiscal 2025?

Procter & Gamble (PG) reported revenue of $20.9B for the fourth quarter fiscal 2025 (Q4 FY25), +2% from a year earlier and +6% from the quarter before.

Was Procter & Gamble profitable in the fourth quarter fiscal 2025?

Operating profit was $4.4B (20.8% of revenue) and net earnings $3.6B.

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Source: Procter & Gamble 10-K on SEC EDGAR.