Filing Flows › Upbound Group (UPBD) › Q3 2025
Upbound Group (UPBD) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 31, 2025
Upbound Group (UPBD) reported revenue of $1.2B for the third quarter 2025 (Q3 2025), +9% from a year earlier and +0.6% from the quarter before. Operating margin was 4.5%, net earnings $13.2M (1.1% of revenue).
Upbound Group, Q3 2025: revenue $1.2B (+9% year over year), operating margin 4.5%, net earnings $13.2M, operating cash flow $118M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | +0.6% | +9% |
| Gross profit | $563M | -2% | +10% |
| Operating profit | $52.8M | +4% | -25% |
| Net earnings | $13.2M | -15% | -57% |
| Operating cash flow | $118M | 15× | +12% |
| Free cash flow | $97.9M | — | +11% |
What changed
Revenue was $1.2B in Q3 2025, up 9% year over year and up 1% from the previous quarter. Acima was the largest line at 54% of revenue. Acima added $0.06B year over year (up 10%), 62% of the total change. Rent-A-Center declined 5%.
Gross margin was 48.3%, up 0.5 points from a year earlier. Operating profit was $0.05B, a 4.5% margin (down 2.0 points year over year). Operating profit fell $0.02B even though revenue rose $0.10B versus a year earlier, so costs grew faster than sales. Operating expenses grew 16% against revenue growth of 9%. The fastest-growing cost line was Other operating costs (+18%). Net earnings were $0.01B, down 57% year over year. The effective tax rate was 33.5%.
Operating cash flow was $0.12B (up 12% year over year), 896% of net earnings. Non-cash charges added back $0.03B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.06B. Capital expenditures of $0.02B left free cash flow of $0.10B.
Questions
What was Upbound Group's revenue in the third quarter 2025?
Upbound Group (UPBD) reported revenue of $1.2B for the third quarter 2025 (Q3 2025), +9% from a year earlier and +0.6% from the quarter before.
Was Upbound Group profitable in the third quarter 2025?
Operating profit was $52.8M (4.5% of revenue) and net earnings $13.2M.
Source: Upbound Group 10-Q on SEC EDGAR.