Filing Flows › Tootsie Roll Industries (TR) › Q3 2025
Tootsie Roll Industries (TR) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 7, 2025
Tootsie Roll Industries (TR) reported revenue of $233M for the third quarter 2025 (Q3 2025), +3% from a year earlier and +50% from the quarter before. Operating margin was 13.9%, net earnings $35.6M (15.3% of revenue).
Tootsie Roll Industries, Q3 2025: revenue $233M (+3% year over year), operating margin 13.9%, net earnings $35.6M, operating cash flow $62.2M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $233M | +50% | +3% |
| Gross profit | $79.4M | +41% | +3% |
| Operating profit | $32.4M | +167% | -8% |
| Net earnings | $35.6M | +103% | +9% |
| Operating cash flow | $62.2M | — | +1% |
| Free cash flow | $50.7M | — | -9% |
What changed
Revenue was $232.7M in Q3 2025, up 3% year over year and up 50% from the previous quarter. Product was the largest line at 99% of revenue. Product added $6.7M year over year (up 3%), 99% of the total change.
Gross margin was 34.1%, unchanged from a year earlier. Operating profit was $32.4M, a 13.9% margin (down 1.7 points year over year). Operating profit fell $2.9M even though revenue rose $6.8M versus a year earlier, so costs grew faster than sales. Operating expenses grew 12% against revenue growth of 3%. Net earnings were $35.7M, up 9% year over year. The effective tax rate was 26.7%. Non-operating items added $16.2M, 33% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $62.2M (up 1% year over year), 175% of net earnings. Non-cash charges added back $4.9M of depreciation and amortization. Working capital and other items added $21.7M. Capital expenditures of $11.6M left free cash flow of $50.7M.
Questions
What was Tootsie Roll Industries' revenue in the third quarter 2025?
Tootsie Roll Industries (TR) reported revenue of $233M for the third quarter 2025 (Q3 2025), +3% from a year earlier and +50% from the quarter before.
Was Tootsie Roll Industries profitable in the third quarter 2025?
Operating profit was $32.4M (13.9% of revenue) and net earnings $35.6M.