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Silgan Holdings (SLGN) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 5, 2025

Silgan Holdings (SLGN) reported revenue of $2.0B for the third quarter 2025 (Q3 2025), +15% from a year earlier and +31% from the quarter before. Operating margin was 7.4%, net earnings $113M (5.6% of revenue).

Revenue$2.0B
Year over year+15%
Quarter over quarter+31%
Operating margin7.4%
Net earnings$113M

Silgan Holdings, Q3 2025: revenue $2.0B (+15% year over year), operating margin 7.4%, net earnings $113M, operating cash flow $341M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$2.0B+31%+15%
Gross profit$327M+9%+12%
Operating profit$149M+25%+19%
Net earnings$113M+27%+13%
Operating cash flow$341M—+9%
Free cash flow$261M—+3%

What changed

Revenue was $2.0B in Q3 2025, up 15% year over year and up 31% from the previous quarter. Metal Containers was the largest line at 58% of revenue. Metal Containers added $0.14B year over year (up 13%), 51% of the total change.

Gross margin was 16.3%, down 0.5 points from a year earlier. Operating profit was $0.15B, a 7.4% margin (up 0.3 points year over year). Of the extra revenue versus a year earlier, 9% reached operating profit, above the 7% margin then. Operating expenses grew 6% against revenue growth of 15%. The fastest-growing cost line was SG&A (+15%). Net earnings were $0.11B, up 13% year over year. The effective tax rate was 24.2%.

Operating cash flow was $0.34B (up 9% year over year), 301% of net earnings. Non-cash charges added back $0.08B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.14B. Capital expenditures of $0.08B left free cash flow of $0.26B.

Questions

What was Silgan Holdings' revenue in the third quarter 2025?

Silgan Holdings (SLGN) reported revenue of $2.0B for the third quarter 2025 (Q3 2025), +15% from a year earlier and +31% from the quarter before.

Was Silgan Holdings profitable in the third quarter 2025?

Operating profit was $149M (7.4% of revenue) and net earnings $113M.

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Source: Silgan Holdings 10-Q on SEC EDGAR.