Filing Flows › Upbound Group (UPBD) › Q4 2025
Upbound Group (UPBD) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 23, 2026
Upbound Group (UPBD) reported revenue of $1.2B for the fourth quarter 2025 (Q4 2025), +11% from a year earlier and +3% from the quarter before. Operating margin was 4.8%, net earnings $19.7M (1.7% of revenue).
Upbound Group, Q4 2025: revenue $1.2B (+11% year over year), operating margin 4.8%, net earnings $19.7M, operating cash flow $41.6M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | +3% | +11% |
| Gross profit | $587M | +4% | +15% |
| Operating profit | $57.2M | +9% | -28% |
| Net earnings | $19.7M | +49% | -36% |
| Operating cash flow | $41.6M | -65% | — |
| Free cash flow | $24.0M | -75% | — |
What changed
Revenue was $1.2B in Q4 2025, up 11% year over year and up 3% from the previous quarter.
Gross margin was 49.0%, up 1.9 points from a year earlier. Operating profit was $0.06B, a 4.8% margin (down 2.5 points year over year). Operating profit fell $0.02B even though revenue rose $0.12B versus a year earlier, so costs grew faster than sales. Operating expenses grew 23% against revenue growth of 11%. The fastest-growing cost line was Other operating costs (+26%). Net earnings were $0.02B, down 36% year over year. The effective tax rate was 33.9%.
Operating cash flow was $0.04B, 211% 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 used $0.02B. Capital expenditures of $0.02B left free cash flow of $0.02B.
Questions
What was Upbound Group's revenue in the fourth quarter 2025?
Upbound Group (UPBD) reported revenue of $1.2B for the fourth quarter 2025 (Q4 2025), +11% from a year earlier and +3% from the quarter before.
Was Upbound Group profitable in the fourth quarter 2025?
Operating profit was $57.2M (4.8% of revenue) and net earnings $19.7M.
Source: Upbound Group 10-K on SEC EDGAR.