Filing Flows › Wafd (WAFD) › Q3 FY25
Wafd (WAFD) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Aug 5, 2025
Wafd (WAFD) reported revenue of $186M for the third quarter fiscal 2025 (Q3 FY25), -4% from a year earlier and +4% from the quarter before. Operating margin was 42.8%, net earnings $62.0M (33.3% of revenue).
Wafd, Q3 FY25: revenue $186M (-4% year over year), operating margin 42.8%, net earnings $62.0M, operating cash flow $58.0M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $186M | +4% | -4% |
| Operating profit | $79.8M | +11% | -4% |
| Net earnings | $62.0M | +10% | -4% |
| Operating cash flow | $58.0M | -20% | -8% |
| Free cash flow | $53.1M | -20% | -9% |
What changed
Revenue was $186.3M in Q3 FY25, down 4% year over year and up 4% from the previous quarter.
Operating profit was $79.8M, a 42.8% margin (up 0.3 points year over year). Total costs fell 5% while revenue fell 4%. The fastest-growing cost line was Other operating costs (+34%). Net earnings were $62.0M, down 4% year over year. The effective tax rate was 22.3%.
Operating cash flow was $58.0M (down 8% year over year), 94% of net earnings. Non-cash charges added back $2.1M of share-based compensation. Working capital and other items used $6.0M. Capital expenditures of $4.9M left free cash flow of $53.1M.
Questions
What was Wafd's revenue in the third quarter fiscal 2025?
Wafd (WAFD) reported revenue of $186M for the third quarter fiscal 2025 (Q3 FY25), -4% from a year earlier and +4% from the quarter before.
Was Wafd profitable in the third quarter fiscal 2025?
Operating profit was $79.8M (42.8% of revenue) and net earnings $62.0M.
Source: Wafd 10-Q on SEC EDGAR.