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Outdoor Holding (POWW) Q3 FY25 earnings results (third quarter fiscal 2025)

10-Q filed May 20, 2025

Outdoor Holding (POWW) reported revenue of $29.2M for the third quarter fiscal 2025 (Q3 FY25), -19% from a year earlier and -7% from the quarter before. Operating margin was -89.5%, net loss $26.1M (89.5% of revenue).

Revenue$29.2M
Year over year-19%
Quarter over quarter-7%
Operating margin-89.5%
Net earnings−$26.1M

Outdoor Holding, Q3 FY25: revenue $29.2M (-19% year over year), operating margin -89.5%, net loss $26.1M, operating cash flow $1.3M. The chart follows the revenue to costs, profit and cash.

Q3 FY25AmountQ/QY/Y
Revenue$29.2M-7%-19%
Operating profit−$26.1M——
Net earnings−$26.1M——
Operating cash flow$1.3M—-88%
Free cash flow$55K—-99%

What changed

Revenue was $29.2M in Q3 FY25, down 19% year over year and down 7% from the previous quarter.

Gross margin was 26.7%, down 3.6 points from a year earlier. Operating costs exceeded revenue by $26.1M, an operating margin of -89.5%. Operating expenses grew 152% against a revenue fall of 19%. The fastest-growing cost line was SG&A (+203%). The quarter ended with a net loss of $26.1M, wider than the previous quarter's $12.4M loss.

Operating cash flow was $1.3M (down 88% year over year). Non-cash charges added back $3.4M of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items added $22.9M. Capital expenditures of $1.2M left free cash flow of $55K.

Questions

What was Outdoor Holding's revenue in the third quarter fiscal 2025?

Outdoor Holding (POWW) reported revenue of $29.2M for the third quarter fiscal 2025 (Q3 FY25), -19% from a year earlier and -7% from the quarter before.

Was Outdoor Holding profitable in the third quarter fiscal 2025?

Operating loss was $26.1M (-89.5% of revenue) and net loss $26.1M.

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Source: Outdoor Holding 10-Q on SEC EDGAR.