Filing Flows › US Foods Holding (USFD) › Q2 2025
US Foods Holding (USFD) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
US Foods Holding (USFD) reported revenue of $10.1B for the second quarter 2025 (Q2 2025), +4% from a year earlier and +8% from the quarter before. Operating margin was 3.7%, net earnings $224M (2.2% of revenue).
US Foods Holding, Q2 2025: revenue $10.1B (+4% year over year), operating margin 3.7%, net earnings $224M, operating cash flow $334M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $10.1B | +8% | +4% |
| Gross profit | $1.8B | +10% | +4% |
| Operating profit | $372M | +66% | +5% |
| Net earnings | $224M | +95% | +13% |
| Operating cash flow | $334M | -15% | -31% |
| Free cash flow | $257M | -16% | -38% |
What changed
Revenue was $10.1B in Q2 2025, up 4% year over year and up 8% from the previous quarter. Meats and seafood was the largest line at 35% of revenue. Meats and seafood added $0.23B year over year (up 7%), 60% of the total change. Produce declined 12%.
Gross margin was 17.6%, up 0.1 points from a year earlier. Operating profit was $0.37B, a 3.7% margin (up 0.1 points year over year). Of the extra revenue versus a year earlier, 5% reached operating profit, above the 4% margin then. Operating expenses grew 4% against revenue growth of 4%. Net earnings were $0.22B, up 13% year over year. The effective tax rate was 25.3%.
Operating cash flow was $0.33B (down 31% year over year), 149% of net earnings. Non-cash charges added back $0.12B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.03B. Capital expenditures of $0.08B left free cash flow of $0.26B.
Questions
What was US Foods Holding's revenue in the second quarter 2025?
US Foods Holding (USFD) reported revenue of $10.1B for the second quarter 2025 (Q2 2025), +4% from a year earlier and +8% from the quarter before.
Was US Foods Holding profitable in the second quarter 2025?
Operating profit was $372M (3.7% of revenue) and net earnings $224M.
Source: US Foods Holding 10-Q on SEC EDGAR.