Filing Flows › US Foods Holding (USFD) › Q4 2025
US Foods Holding (USFD) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 12, 2026
US Foods Holding (USFD) reported revenue of $9.8B for the fourth quarter 2025 (Q4 2025), +3% from a year earlier and -4% from the quarter before. Operating margin was 3.3%, net earnings $184M (1.9% of revenue).
US Foods Holding, Q4 2025: revenue $9.8B (+3% year over year), operating margin 3.3%, net earnings $184M, operating cash flow $293M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $9.8B | -4% | +3% |
| Gross profit | $1.7B | -2% | +3% |
| Operating profit | $321M | +14% | +6% |
| Net earnings | $184M | +20% | +179% |
| Operating cash flow | $293M | -17% | +4% |
| Free cash flow | $159M | -33% | -11% |
What changed
Revenue was $9.8B in Q4 2025, up 3% year over year and down 4% from the previous quarter. Meats and seafood was the largest line at 36% of revenue.
Gross margin was 17.6%, unchanged from a year earlier. Operating profit was $0.32B, a 3.3% margin (up 0.1 points year over year). Of the extra revenue versus a year earlier, 6% reached operating profit, above the 3% margin then. Operating expenses grew 3% against revenue growth of 3%. Net earnings were $0.18B, up 179% year over year. The effective tax rate was 24.6%.
Operating cash flow was $0.29B (up 4% year over year), 159% 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 $0.13B left free cash flow of $0.16B.
Questions
What was US Foods Holding's revenue in the fourth quarter 2025?
US Foods Holding (USFD) reported revenue of $9.8B for the fourth quarter 2025 (Q4 2025), +3% from a year earlier and -4% from the quarter before.
Was US Foods Holding profitable in the fourth quarter 2025?
Operating profit was $321M (3.3% of revenue) and net earnings $184M.
Source: US Foods Holding 10-K on SEC EDGAR.