Filing Flows › Simpson Manufacturing (SSD) › Q4 2025
Simpson Manufacturing (SSD) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 27, 2026
Simpson Manufacturing (SSD) reported revenue of $539M for the fourth quarter 2025 (Q4 2025), +4% from a year earlier and -13% from the quarter before. Operating margin was 13.9%, net earnings $56.2M (10.4% of revenue).
Simpson Manufacturing, Q4 2025: revenue $539M (+4% year over year), operating margin 13.9%, net earnings $56.2M, operating cash flow $156M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $539M | -13% | +4% |
| Gross profit | $234M | -19% | +4% |
| Operating profit | $74.8M | -47% | -3% |
| Net earnings | $56.2M | -48% | +1% |
| Operating cash flow | $156M | -9% | +34% |
| Free cash flow | $119M | -11% | +102% |
What changed
Revenue was $539.3M in Q4 2025, up 4% year over year and down 13% from the previous quarter. Wood construction products was the largest line at 83% of revenue.
Gross margin was 43.4%, down 0.3 points from a year earlier. Operating profit was $74.8M, a 13.9% margin (down 1.0 points year over year). Operating profit fell $2.1M even though revenue rose $21.9M versus a year earlier, so costs grew faster than sales. Operating expenses grew 7% against revenue growth of 4%. The fastest-growing cost line was General & admin (+14%). Net earnings were $56.2M, up 1% year over year. The effective tax rate was 24.7%.
Operating cash flow was $155.7M (up 34% year over year), 277% of net earnings. Non-cash charges added back $25.3M of depreciation and amortization and $3.3M of share-based compensation. Working capital and other items added $70.9M. Capital expenditures of $37.1M left free cash flow of $118.6M.
Questions
What was Simpson Manufacturing's revenue in the fourth quarter 2025?
Simpson Manufacturing (SSD) reported revenue of $539M for the fourth quarter 2025 (Q4 2025), +4% from a year earlier and -13% from the quarter before.
Was Simpson Manufacturing profitable in the fourth quarter 2025?
Operating profit was $74.8M (13.9% of revenue) and net earnings $56.2M.