Filing Flows › Scotts Miracle-Gro (SMG) › Q3 FY25
Scotts Miracle-Gro (SMG) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Aug 6, 2025
Scotts Miracle-Gro (SMG) reported revenue of $1.2B for the third quarter fiscal 2025 (Q3 FY25), -4% from a year earlier and -17% from the quarter before. Operating margin was 19.1%, net earnings $149M (12.9% of revenue).
Scotts Miracle-Gro, Q3 FY25: revenue $1.2B (-4% year over year), operating margin 19.1%, net earnings $149M, operating cash flow $454M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | -17% | -4% |
| Gross profit | $373M | -31% | +5% |
| Operating profit | $222M | -37% | +11% |
| Net earnings | $149M | -31% | +13% |
| Operating cash flow | $454M | +142% | -23% |
| Free cash flow | $438M | +143% | -24% |
What changed
Revenue was $1.2B in Q3 FY25, down 4% year over year and down 17% from the previous quarter. U.S. Consumer was the largest line at 89% of revenue.
Gross margin was 32.1%, up 2.7 points from a year earlier. Operating profit was $0.22B, a 19.1% margin (up 2.5 points year over year). Operating expenses fell 2% while revenue fell 4%. Net earnings were $0.15B, up 13% year over year. The effective tax rate was 28.5%.
Operating cash flow was $0.45B (down 23% year over year), 305% of net earnings. Non-cash charges added back $0.02B of depreciation and $0.02B of share-based compensation. Working capital and other items added $0.27B. Capital expenditures of $0.02B left free cash flow of $0.44B.
Questions
What was Scotts Miracle-Gro's revenue in the third quarter fiscal 2025?
Scotts Miracle-Gro (SMG) reported revenue of $1.2B for the third quarter fiscal 2025 (Q3 FY25), -4% from a year earlier and -17% from the quarter before.
Was Scotts Miracle-Gro profitable in the third quarter fiscal 2025?
Operating profit was $222M (19.1% of revenue) and net earnings $149M.
Source: Scotts Miracle-Gro 10-Q on SEC EDGAR.