Filing Flows › Sally Beauty Holdings (SBH) › Q4 FY25
Sally Beauty Holdings (SBH) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Nov 13, 2025
Sally Beauty Holdings (SBH) reported revenue of $947M for the fourth quarter fiscal 2025 (Q4 FY25), +1% from a year earlier and +1% from the quarter before. Operating margin was 8.4%, net earnings $49.9M (5.3% of revenue).
Sally Beauty Holdings, Q4 FY25: revenue $947M (+1% year over year), operating margin 8.4%, net earnings $49.9M, operating cash flow $121M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $947M | +1% | +1% |
| Gross profit | $494M | +3% | +3% |
| Operating profit | $79.9M | +2% | -3% |
| Net earnings | $49.9M | +9% | +4% |
| Operating cash flow | $121M | +74% | +9% |
| Free cash flow | $78.0M | +59% | +6% |
What changed
Revenue was $947.1M in Q4 FY25, up 1% year over year and up 1% from the previous quarter.
Gross margin was 52.2%, up 0.9 points from Q4 FY24. Operating profit was $79.9M, a 8.4% margin (down 0.4 points year over year). Operating profit fell $2.3M even though revenue rose $12.0M versus Q4 FY24, so costs grew faster than sales. Operating expenses grew 4% against revenue growth of 1%. Net earnings were $49.9M, up 4% year over year. The effective tax rate was 23.2%.
Operating cash flow was $120.9M (up 9% year over year), 242% of net earnings. Non-cash charges added back $24.3M of depreciation and amortization and $4.4M of share-based compensation. Working capital and other items added $42.2M. Capital expenditures of $42.9M left free cash flow of $78.0M.
Questions
What was Sally Beauty Holdings' revenue in the fourth quarter fiscal 2025?
Sally Beauty Holdings (SBH) reported revenue of $947M for the fourth quarter fiscal 2025 (Q4 FY25), +1% from a year earlier and +1% from the quarter before.
Was Sally Beauty Holdings profitable in the fourth quarter fiscal 2025?
Operating profit was $79.9M (8.4% of revenue) and net earnings $49.9M.