Filing Flows › Simpson Manufacturing (SSD) › Q3 2025
Simpson Manufacturing (SSD) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 7, 2025
Simpson Manufacturing (SSD) reported revenue of $624M for the third quarter 2025 (Q3 2025), +6% from a year earlier and -1% from the quarter before. Operating margin was 22.6%, net earnings $107M (17.2% of revenue).
Simpson Manufacturing, Q3 2025: revenue $624M (+6% year over year), operating margin 22.6%, net earnings $107M, operating cash flow $170M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $624M | -1% | +6% |
| Gross profit | $289M | -1% | +5% |
| Operating profit | $141M | +0.4% | +13% |
| Net earnings | $107M | +4% | +15% |
| Operating cash flow | $170M | +36% | +65% |
| Free cash flow | $134M | +59% | — |
What changed
Revenue was $623.5M in Q3 2025, up 6% year over year and down 1% from the previous quarter. Wood construction products was the largest line at 84% of revenue. Wood construction products added $24.9M year over year (up 5%), 68% of the total change.
Gross margin was 46.4%, down 0.5 points from a year earlier. Operating profit was $140.7M, a 22.6% margin (up 1.3 points year over year). Of the extra revenue versus a year earlier, 44% reached operating profit, above the 21% margin then. Operating expenses fell 1% while revenue rose 6%. The fastest-growing cost line was General & admin (+13%). Net earnings were $107.4M, up 15% year over year. The effective tax rate was 25.3%.
Operating cash flow was $170.2M (up 65% year over year), 158% of net earnings. Non-cash charges added back $23.3M of depreciation and amortization and $6.6M of share-based compensation. Working capital and other items added $32.8M. Capital expenditures of $36.4M left free cash flow of $133.8M.
Questions
What was Simpson Manufacturing's revenue in the third quarter 2025?
Simpson Manufacturing (SSD) reported revenue of $624M for the third quarter 2025 (Q3 2025), +6% from a year earlier and -1% from the quarter before.
Was Simpson Manufacturing profitable in the third quarter 2025?
Operating profit was $141M (22.6% of revenue) and net earnings $107M.