Filing Flows › UFP Technologies (UFPT) › Q4 2025
UFP Technologies (UFPT) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 27, 2026
UFP Technologies (UFPT) reported revenue of $149M for the fourth quarter 2025 (Q4 2025), +3% from a year earlier and -4% from the quarter before. Operating margin was 14.4%, net earnings $17.6M (11.8% of revenue).
UFP Technologies, Q4 2025: revenue $149M (+3% year over year), operating margin 14.4%, net earnings $17.6M, operating cash flow $16.8M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $149M | -4% | +3% |
| Gross profit | $42.0M | -2% | -0.2% |
| Operating profit | $21.5M | -8% | -3% |
| Net earnings | $17.6M | +7% | +7% |
| Operating cash flow | $16.8M | -53% | -31% |
| Free cash flow | $13.0M | — | -39% |
What changed
Revenue was $148.9M in Q4 2025, up 3% year over year and down 4% from the previous quarter. Products was the largest line at 97% of revenue.
Gross margin was 28.2%, down 1.0 points from a year earlier. Operating profit was $21.5M, a 14.4% margin (down 1.0 points year over year). Operating profit fell $754K even though revenue rose $4.8M versus a year earlier, so costs grew faster than sales. Operating expenses grew 3% against revenue growth of 3%. Net earnings were $17.6M, up 7% year over year. The effective tax rate was 10.1%.
Operating cash flow was $16.8M (down 31% year over year), 96% of net earnings. Non-cash charges added back $2.4M of share-based compensation. Working capital and other items used $3.1M. Capital expenditures of $3.9M left free cash flow of $13.0M.
Questions
What was UFP Technologies' revenue in the fourth quarter 2025?
UFP Technologies (UFPT) reported revenue of $149M for the fourth quarter 2025 (Q4 2025), +3% from a year earlier and -4% from the quarter before.
Was UFP Technologies profitable in the fourth quarter 2025?
Operating profit was $21.5M (14.4% of revenue) and net earnings $17.6M.
Source: UFP Technologies 10-K on SEC EDGAR.