Filing Flows › Toro (TTC) › Q4 FY25
Toro (TTC) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Dec 17, 2025
Toro (TTC) reported revenue of $1.1B for the fourth quarter fiscal 2025 (Q4 FY25), -0.9% from a year earlier and -6% from the quarter before. Operating margin was 8.7%, net earnings $73.0M (6.8% of revenue).
Toro, Q4 FY25: revenue $1.1B (-0.9% year over year), operating margin 8.7%, net earnings $73.0M, operating cash flow $313M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | -6% | -0.9% |
| Gross profit | $351M | -8% | +0.5% |
| Operating profit | $92.5M | +43% | -15% |
| Net earnings | $73.0M | +36% | -19% |
| Operating cash flow | $313M | +39% | +30% |
| Free cash flow | $286M | +38% | +43% |
What changed
Revenue was $1.1B in Q4 FY25, down 1% year over year and down 6% from the previous quarter. Equipment was the largest line at 91% of revenue.
Gross margin was 32.9%, up 0.5 points from Q4 FY24. Operating profit was $0.09B, a 8.7% margin (down 1.5 points year over year). Operating expenses grew 8% against a revenue fall of 1%. Net earnings were $0.07B, down 19% year over year. The effective tax rate was 14.1%.
Operating cash flow was $0.31B (up 30% year over year), 429% of net earnings. Non-cash charges added back $0.04B of depreciation and amortization and $3.7M of share-based compensation. Working capital and other items added $0.19B. Capital expenditures of $0.03B left free cash flow of $0.29B.
Questions
What was Toro's revenue in the fourth quarter fiscal 2025?
Toro (TTC) reported revenue of $1.1B for the fourth quarter fiscal 2025 (Q4 FY25), -0.9% from a year earlier and -6% from the quarter before.
Was Toro profitable in the fourth quarter fiscal 2025?
Operating profit was $92.5M (8.7% of revenue) and net earnings $73.0M.
Source: Toro 10-K on SEC EDGAR.